Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1897-09-14

now is, is the Minneapolis Tribune
getting infected with populism, or are
we populists simply good and true
| republicans, and the Minneapolis
Tribune is returning from it's gold
bug Clevelandism back to the true re-
publican bi-metallism of half dozen
years ago?
Now don't get scared, brethren, if
we predict here and now that before
long the republican party will be in
favor of the coinage of silver agaiu,
if not unlimited, then at least the
coinage OF our own product, as under
the Sherman law. The republican
leaders know very we'll they have got
to take up silver or loose congress
next fall. AS another straw that
shows in which direction the current
is moving we quote again from the
Minneapolis Of Sept. 9Th on the silver
question as follows:
''There is an old saying to the effect
that it is always darkest just before
dawn This may be the case in re-
gard to silver. 1t must be confessed
that the prospects Of the white metal
at present do not look very promising.
Silver bullion is selling in the open
markets at the lowest price ever known.
Japan is just discarding it as private
money, and there appears to be dis
position on the part Of several other
nations to throw it overheard. And
Great Britain, instead Of taking any
steps to reopen the Indian mints to
silver, is showing a disposition to de-
monetize it utterly in that part of the
world.
AT the same time there is a heavy
movement Of silver going on in the
market. Panic-stricken holders are
selling it at any price they can get,
but somebody is buying it. AS is
usually the case with all ]ow-priced
commodities. it is evidently going into
strong hands. The people who are
buying it at these prices are people
who can afford to hold it. In the
course Of time, when capitalists like
the Rotschilds have bought up all the
floating silver, and when a large pro-
portion of the silver mines have been
shut down because the low price of the
bullion makes it Improbable to work
them, we may see sprung all Of a sud-
den movement for an international
agreement that will be irresistible. It
is certain that when strong parties
shall have corralled the silver there
will be some movement to boom it's
price. That is the invariable course
OF the markets. 'Bull' movements are
preceded by bear. movements. The
strong dealers begin by knocking
down the price of all particular com
modify or security in which they de-
sign to operate, for the purpose Of
shaking out all small holders and &C.
cumulating q stock Of their own. So
it was with the wheat market. Last
summer the price was knocked down
in the neighborhood Of 60 cents a
bushel, as preliminary to dollar
wheat So it is with the stock market.
Only a few months ago active shares
were going begging at from 80 to so
per cent below present prices. So it
may be with silver. Sooner or later
the depreciation will be followed by a
marked advance. Nobody can tell
when the advance will come. It may
not be for several years, and it may
be within a year. But it is no time
for our government to abandon the
movement for international bimetal-
lism simply because a bear move
ment is depressing the price of silver
in the worlds markets."
You see the game that is up? The
silver bears are forcing down silver
and when they get it all cornered,
which they probably nearly have by
this time, then you will see silver will
be remonetiZed alright and be at par
with gold l6 to /. OF course the small
go'd-bug fryes out here in the coun-
try will have to take back all the mean
things they have said about silver.
But then consistency is not part of
their mental furniture and they will in
d few years from now applaud what
they now denounc9 They have made
these intellectual soncrsaults before
and can perform them whenever nee
cessary. G. J.
MINNESOTA is going to have a new
State Capitol, when she doesn't want
it., to be built way down in the city OF
St. Paul, where she doesn t want it. on