Iron County register., 1897-09-16
OPENING THEIR EYES.
Goldbss writers Are Findlng o.
SnmRhhamU

| G0ldb&9 Writers Are Ftndlng On
SOmethimg.
Presently when some of the reckless
editors who have charge of the gold or
/ gans realize that the continual fall IL
silver is likely to produce results thai
have heretofore played no part in theil
calculations, they may be willing to ad
| NIT that the question is more important
than even partisanship has made it.
The Boston advertiser seems to be
getting a glimpse of the real situation
that now sthreateAs to impose itself on
the country should silver, as Mint Di-
Pector Preston boaStfully predicts-fall
| to 20 cents an ounce. Our contemporary
| notes that there is now about s., 500 yO0O.-
200 of legal tender SILVER in ciFculation
in the world. the bullion value Of which
has decreased more than so per cent.
since 1873, and says that if silver con-
tinues to decrease in value, this vast
| amount OF money now current at its
face value, must either take on the form
cf token money or circulate at its bull
lion value.
The Advertiser goes on to say that
probably the great commercial nations
OF the world would be glad to see some
miracle by which silver would be re-
stored to the value which it had three
decades ago. The difficulty about this
is that the men who do the financial
thinking for the commercial nations OF
the world are the very men who are
largely responsible for the gradual de-
mcnetization of silver. 1t was great
undertaking, and it has required good
deal of patient diplomacy and bold Ieg-
islativc fraud to bring it about. On this
account, we think it is expecting too.
much to suppose. that they win be will
ing to permit the commercial nations to.
retrace their steps with respect to sill
YER.
1t is true they have made billions Of
pl of1ts out of the undertaking. but there
still remain some very rich pickings in
this country, and we may be sure that
the greed and rapacity which have en-
gineered silver decentralization will not
allow any of the proceeds TO slip
through their fingers.
The actual glee with which some OF
the more active gold men announce the
further fall in silver can only be based
CT the knowledge that the depreciation
"a 0oA S4AFSA HohCJ VIA PAOFC a IICu
harvest for those who control the avail
able gold. How long this further scheme
of spoliation will be disposed depends
entirely on the will of those who are
to profit by it.
The Constitution is of the opinion
that the people of this country win for
many years rue the day when they per-
mitted themselves to be deceived into
defeating the democratic party last
year. We do not mean to intimate that
the democratic party is likely to be de-
feated in 1900, but we do mean to say
that the element which controls the re-
publican leaders will have ample OPP
portunity to do irreparable damage to
the financial interests of the people be-
fore new congress can be assembled.
The senate is barrier, but it is we'll
to remember that, as the senate was
controlled by the gold trust in 1898, it
can be so controlled in 1898.
Meanwhile, there is but one thing for
the democracy to do, and that is for all
It's forces to hold themselves in read
mess to restore the government to the
people in 190o-Atlanta Constitution.