The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1897-08-23
HERE is THE CHANCE.
SENATOR STEWART SAYS, "GO TO
ST. :eP AND GET RICH"
twenty-five Cent Silver and Dollar Wheat.
Senator John +. Jones Welcomes More
Gold-says Silver WIN Continue to Fall,
but Times WIN BE Better.


Senator Stewart of Nevada is one of
the latest converts to commercial op-
timism. He is bull" Oh everything
except silver He is engaged in vigor-
Gus campaign in Wall street and said
TO the reporter of New York paper
the other day that he. had heard so much
about better times that he has deter
mined TO "gather in part of the pros
perity which is not only rampant in the
street, but throughout the land "
When asked what had brought about
d change in his views. he said:
There is 10 room for pessimism in |
this country No one can be a bear in
the face Of the wheat famine in Argen-
tina, Russia, Hungary and India In
view of this condition abroad / should
not be surprised to see silver sell as low
as 20 cents ard wheat as high as 81.
There is nothing in talking silver at the
present time, and my advice to my
friends in the west is to fall into line
with the forces of prosperity and prog
ress and receive their due share Of the
reward.
1.-THE time has passed for the old is
sues We must turn to face new issues
and new conditions.
II frequently hear it said that this
security market is duplicate Of the
market in 1879. 1t is not. 1t is more Of
bull market All man has to do is
to get into it-go to sleep and get rich.
The wheat situation in the west will
make every railway not only dividend
Garner, but dividend payer. Railroads
that have been moribund for years are
now taxed TO their fullest capacity and
are still unable to accommodate the
| traffic. am told that there is imminent
| danger of car famine on many of the
most important lines traversing this
country"
Are the people in the west alive TO
this new situatiOn?"
1.-The people III the west, y be replied,
"are wide awake They know good
thing when they see it, Most Of them
are hanging on to their cereals with
confidence born of hope and an actual
knowledge Of what is going on around
them. With their immense crops they
will be able not only to liquidate their
Indebtedness to the money sharks of the
east, but will inaugurate buying
movement that will surprise the people
in this part of the country. l think that
by the late fall the truth Of what said
and reiterated during the campaign will
be generally recognized, and that is
that there can be no general prosperity
in this country that is not born and sus'
tanned in the west.
Senator John p. Jones of Nevada,
who is in New York, said that the con-
tinued fall in the price of silver ought
not to surprise any one.
"Silver is falling in commercial
price," he said, because of the falling
off of the demand for it as money. ia
pan has gone on gold basis and so less
. eped the demand for silver. Besides
this, there has been, because of uni
? versal hard times, great falling off IN
purchases in the east. The oriental
, countries use silver money, and our
, purchases are paid for in that metal.
This demand has been cut off by reason
r of the hard times. "
would not the increase in gold pro-
duotion in Canada and Alaska natural.
| ly tend to raise the price of silver?".
81 think not. Even if it did the adj
, vance would be inappreciable; while the
decrease due to the two causes l have
= mentioned would more than counter
! balance any slight possible advance and
continue to force silver lower and low
D er. However. there will be no general
q | advance in prices. In l849, when the
Q mines of California and Australia
Q trebled the worlds supply of gold, the
9 advance in general prices was only IL
: per cent in 10 years That advance
small and gradual as it was was uni
versal benefaction. The only thing thai
[ can advance the price of a money meta
I is the demand for the metal for its ust
a as money. If gold were not used al
( money, the present stock would bt
sufficient for all the uses in the arts ant
in commerce for 80 years.
"You will infer" said Mr.. Jones'
l "that / am not opposed to prosperity
0 through an increase in gold. The Re
l publicans are very lucky, and con
$ graduate them on the fact that this
a great discovery falls within their ad
: ministratiol. / believe great deal o.
o gold will be found in Alaska, and 1t il
certain to restore prosperity, for which
h the Republicans will claim and receive
a the credit. shall welcome its return
whether through gold or silver Al
j abundance of money means prosperity
: and want to see good times in thi
j country come as result OF good time
Q elsewhere
: "Another result that will flow from
i an abundance of money, be it silver O
y gold, will be the allegiance of this hatred
o of the trusts cherish no enmity to
!. ward the com binations Of capital. 1
: two or three men want to combine TO
2 the purpose of lettering their bushes
}. by lessening production, they have
right to do so But the people hat
trusts. and only prosperity will driv
/, monopolies out of their minds.
. 81 have been tainted with being op
= posed TO an honest dollar. / believe II
on honest dollar as strongly as an.