The silver messenger. (Challis, Idaho) 1890-1912, 1898-12-06


noxious garrison duty here in
Manila.
Robert Bell, writing the Salt
Lake Tribune from Idaho, says
that Henry Lime, a prominent
banker of Guthrie. o. t., has
purchased the old Cooper dig
gings in Stanley, Custer county,
and commenced moving mach
inery on to the ground for a
steam dredgeboat. This ground
is said to average 40 cents per
cubic yard, and is especially
adapted to dredge mining, as the
ground is very fiat, the gravel
very fine and soft bedrock.
The magnificent new boat
which has been built this sum
mer on the famous cid McNutt
diggings near Salmon, by the
Pacific Dredge company of
Chicago, was completed on the
10th of November, and started
up to test the machinery, which
was found to work in perfect
order. The ground commenced
to freeze up, however, and the
boat was worked into winter
quarters and lies ready for con-
tinuous run next season. This
is the largest and most perfect
dredging machine that has ever
been built, and has a capacity of
5000 cubic yards day.
1t was built under the direct
personal supervision of Fl. J.
Reiling, presinent of the COM
pany, and carries several paten-
ted improvements of his own de-
sign. This gentleman was the
first to make a success of the
floating gold dredge machine in
the United States. He built the
''T. l.. Graves" and "a. f.
Graves boats at Bannock, Mon
tana, which have been running
steadily the past two seasons.
making $1,000 to $500 net profit
per day.
Borp:-In Challis, Idaho, on
Sunday, Nov. 81, 1898. to the
wife of ]. @. Adams, a daughter.
Hon. John Sherman said in an
interview since the election
Free silver coinage is dead, and
will not in lifetime of the pres
ent generation be seriously con-
sidered. All right, Uncle John
You are the last of a long line of
experts to announce the demise
of bimetallism, and this is about
the seventh time that the silver
question has been killed and eter-
nally buried. 1t is recalled by
the mourners that during the
campaign just closed the Demo
cratic conventions in 80 states
reaffirmed the Chicago platform.
These states will have GOA votes
in the National convention, and
do not include North Dakota and
Utah, or the four western terri
tories. The campaign of 1900 is
still too much in futurity for one
to predict its leading issue. As
the gold standard is extended to
additional countries, year after
1v;aassA vaasssA the number of people that
are brorics, ris,5t ], into competition for
gold increases and the general
level of prices continues to re-
cede. Gold can be exchanged
for double the amount of com
modities that it would buy %
years ago. Those gigantic COM
binations, the trusts, are formed
and forming because with the
falling prices business men can
no longer prosper under free
competition. Today the trusts
formed and in process of forming
have a capitalization that reach
es the colossal aggregate of 81
702, 768, 900. They have made
individual competition thing of
the past. Industrial depotism is
the new order of things. Fathers
and mothers cannot fail to look
with concern into the changed
and repressive conditions under
which their children must live
and struggle. They are likely
to discover the cause of these
conditions in the falling prices
that are the fruit of a money
policy which shrewd men are
forcing upon the civilized world
"a policy which constantly
diminishes the money volume
and forces manufacturers to com
bine their capital into trusts and
kill competition. Although these
trusts control legislation, state
and national, it is doubtful if
they can avert cataclysm with
in the next two years. They are
fast knocking out one of the
main foundation stones of oar
al v,il1za4iop 4bof of f,.os, oe.y,,r.at,