Evening star. [volume] (Washington, D.C.) 1854-1972, 1900-01-06

present booming times were the result of
the increas I'll production of gold the world
over. He replied:
No. 1 don't think so. though that has
helped. We have had an expansion of the
currency from several sources. There is
m"re money in circulation and more credit
fpr every dollar of an increase in crcula-
ton We estimate that there is twenty dol
lars OF an increase in credit. I believe this
Is Il good thing. Our increased circulation
comes from the fact that we have been
selling Il vast quantity of our cereals to
Europe for several years. Within the past
year alone from that source and others we
nave received from Europe S1O2 900 isN,
worth of gold. The war with Spain put
about $500 ,a"p 600 into our circulation, and
10 this must be added our own gold output
OF fo,'AWiHO, SO that. altogether the in
crease has been enormous.
Now. continued Senator Teller. dur
ing the time Of depression nothing was be-
ing done in the way of railroad building
All sorts of construction enterprises stop
ped and the country was practically at a
standstitl The old stuff began to wear out
Srme of the railroads found it necessary to
put down heavier rails. others did the same
The factories began to be filled with orders.
the increased circulation helped and all at
once we found ourselves with as much on
hand as We could do
Word for Colorado.
"How about Colorado. senator have you
people good times here?'
Yes. and We are going to have better
times. The Lord has so favored Colorado
rs to natural resources that it is impossible
for man to make combinations which will
prevent her having good times for any long
period. You may pass any legislation YOU
please and Colorado will master it. You
retard' our silver industry, and within a
lew years We give you gold. 1t is the same
with other things. We have, l believe. the
test 100000 square miles on the face of
a he host rIt,,
the earth. Our people here breathe
champagne and the pure ozone of the
Rockies keeps our blood in good order.
We are known chiefly as gold and silver
state. but We have more coal and better
coal than Pennsylvania We have had
scientists out here investigating our coal
mines. and they say there is enough coal
here to supply all the United States for a
century. One geologist says that there is
enough coal in Colorado to make a carpet
more than yard thick all over the state.
Our coal areas are, in fact, about as large
as the'w whole state of Ohio
The Pennsylvania of the West.
"But where Is this COAL senator, is it
where you can get at it?''
1T is pretty well scattered over the
state. 1t is found on the plains. In the
foot hills and n the mountains. It is be-
lug slowly developed, but we are now min
ing several million tons every year
But, senator, do you mean what you
say when You state that the coal is as
good as that of Pennsylvania
Il certainly do replied Senator Teller.
we have vast quantities of excellent an
ttracite coal. We have good coking coal.
and. in fact. we have coal for every pur-
pose. Our coal will some day make us
the great manufacturing state of the west,
for We have iron as we'll"
How about lead?''
eve produce great quantities of that
metal and fortunes are being made in
lead mining. The lead is usually found in
connection with the silver. however, and
as l have said it is especially profitable be-
cause the shelters are glad to smelt it for
nothing"
How much of the precious metals has
Colorado produced?"
Il have not the figures at hand, but
know that it is considerably more than half
a billion dollars. A metal which are
now shipping, which is even more valuable
than gold or silver, is uranium 1t is used
in manufactures and in its crude state is
worth from 81 300 to 81 $50 ton. We have
also manganese mines from which we are
shipping ore east. We shipped $4,000 tons
to Chicago last year, and will send more
this. \ great amount of our product goes
10 the Illinois Steel Company. They use
the manganese in the making of steel.
Colorado Farmers.
Glow are your farmers getting along?" I
asked.
They are making money" replied Sena-
tor Teller. I'VE have a vast amount Of
good land, the most of which Is irrigated,
s. that We have crops year after year with
out regard to droughts. We raise the fin
tst of all kinds of grain. Last year our
wheat crop amounted to more than nil
lion bushels and our live stock industry is
second only to that of mining and smelling.
We have now about 3.en.6'n cattle in the
state. We can raise the best sheep and
the finest of wool. We are also rich fruit
in for p
and everything here. There Is no state like
it.
Tell me something about Denver. sena-
tor" said L.
EVERY man. 7 suppose likes his own
town best" said Senator Teller, but | can't
sec how anyone could stay any time in Den
Yer and not like it. 1t is one of the best
cities in the United States. as business
and residence city Its people have a higher
dc gree of education, venture, than those or
any other city of the same size in our c"un-
try. We have about 15oWD people and we
have more college graduates to the thou
g nd man any town in New England. We
have about 300 graduates of Yale College
here We have scores of men who went TO
Harvard. Princeton and the other great uni
y.rsitics We have excellent schools,
80 nd university and a people VINO are gen
orally Intelligent
Colorado Will Stick to silver.
..How about Colorado during the coming
Yer state?'' | asked.
Yes. there is no doubt about that The
sentiment here is overwhelmingly in favor
of silver"
As Senator Teller said this my mind went
back to the st. Louis convention of lS6,
and / could see him as he stood there and
on account of silver renowned his allie
glance to the republican party The scene
was a most affecting one, and it thrilled
ths. country. The senator now looks older
and more careworn than he did then, and
as [ looked at him ] wondered if he had
ever been sorry for his action. and said:
Senator, it is now almost four Years
since You left the republican party. Have
you ever regretted doing so, and do you re-
gret it now"
No, | have never for an instant regretted
ii. the prompt reply. Il do not re-
greet it now. l left the party because
could not coascentiously stay in it. 1t
would have been moral suicide for me to
do so, believing as 1 do that it's leading
principle of action on the money question
L. contrary to the good Of the country and
Of the people"
Then this means that you will not be
with the republicans in the coming cam