Weekly independent. [volume] (Elko, Nev.) 1887-1914, 1898-01-07

Now we come to the question OF
what justice requires at this time.
Philadelphia has thus far appropriate
ell almost all OF the coinage OF the
silver and gold product in the West.
Dolly recently. outside OF the legisla
ton relating to the Carson mint, has
favorable legislation been introd..ced
relating to the Denver mint, a mint
which is not yet completed. lncrcas-
ell appropriations have been made
for the Philadelphia mint, while di-
mlnlshing appropriation have been
male for this Western mint.
Now, gentlemen, | wish to say. with
reference to Nevada. that the total
product OF both gold and silver III the
United States has been little less
than two billions and half since
1860 and .hnt Nevada has produced.
IN almost equal proportions OF the
two metals, one-fourih OF this
amount. ! sail to a friend the other
day with reference to tins Legislation,
that it was hardly graceful action
to take away the mint from Nevada,
state which had produced one
fourth of the counry's metallic
stoc':. and he addeU, parcnthc tIcally
~ nd tbrecIourtbs OF the hell" All I
have to say with reference to that is
a natural remOnstrance against legs
la.ion which has destroyed the lead
ing industry Of that State and para
lyZcd it.
You can understand what thus
would mean si,nply as an indus; rial
question rs applied to the iron mills
or the steel plants OF Pennsylvania,
or to the cotton mills and wuolen mills
of Massachusetts. 1t is natural
and healthy and indignant protest
against what the State OF Nevada
regards as bad and destructive leyis-
laton. Nov, it is true that the bnl
lion production of that State mas de.
clined. She is no longer producing
silver III large Quantities. There is
no stimulus now for the production
OF silver and the people OF Nevada
have turned their attention to GOLD.
Already this year il is evident that
the product Of gold will probably be
double that Of last year. The total
II both gold and silver production OF
that State is now pretty nearly Sc
100000, Of which, believe, three
iiftns 10 gold.
lUere the hammer fell
Mr.. Dockery. How much more
time does the gentleman desire?
Mr.. Ncwlands' l should like five
minutes.
Mr.. Dockery. Mr.. Chairman, ask
unanimous conscut that the gentle.
mans time be extended for five min.
utes:
There was no objection and 1t was
so ordered.
Mr.. Ncwlands. As say, Nevada
has produced six hundred millions of
gold and silver and yet she has been
permitted to coin at that Nevada
mint only ror;y-ninc millions. There
is today stored up in the Philadel-
pima mint sllo000,OG0 OF silver bull
lion, most Of which WINS produced in
tie Nevada mmes.
Mr.. Williams. should like TO ask
the gentleman n question for iurorma.
tion.
Mr.. NewIand. What is the goDtle-
mans question:
Mr.. Williams. DOES it not cost the
people who mine this gold and silver
principally gold now-somethlng
to get it to the Philadelphia mint and
would they not have largcr net re.
turniwhcn their money were handed
back TO them il the coinage wore
done on The spotY
Mr.. Ncwinnd. should think so.
Mr.. Williams. Then the practice
tho gentleman complains OF imposes
n tax upon these miners for the finan-
cial benefit Of the people OF Philaa-
dolphin. lLaugh,er.l
Mr.. Ncwland. Now, cay that Mt
the Carson mint VIC have coined only
forty-ninc millions and the actions OF
the Directors OF tho Mint has always
in my Judgement, been hostile to TINT
mint. They have dcclaimed against
the coat OF coinage ut tho Carson
mint.
Gentleman can rcadilyy under.
stand tint IL they should allow only
ono pound OF bullion to DO coined
there in II year, the cost OF coming
TINT ono pound must be the entire
salary list OF the mint for tho year;
30 that tho cost o, coinage will do.
pcnd upon tile amount Of bullion
that ia put into tho mint to 10 coined
and IL tho silver which is naturally
tributary to that mint is taken 5000
miles away and stored IN Philadcl.
phia for coinage, that viii noccesar-
fItnnI,nnn1 ,, ,,n,.I