Wadsworth semi-weekly dispatch. [volume] (Wadsworth, Nev.) 1899-1904, 1902-03-11
SENATOR STEWART
ON SILVER
Advocating Silver in Nevada is
Detrimental to the States
Interest.

IHlGTESt.
EDITOR DISPATCH: The demoneti-
cation Of silver was robbery Of the deb
tor class for the benefit of the creditor.
1t retarded enterprise and inflicted I'M
told misery upon the human race for
more than twenty years. The silver
mining industry Of Nevada was utterly
p~aralyzed. Nine-tenths of the people
Of the United States and perhaps more
were in favor Of the restoration of sill
yer and the people of Nevada were
conspicuous in their efforts for the re-
peal Of the law so injurious to the
masses and particularly to the silver
miners. Each party pretended to be
Tor silver and claimed that the other
party was not in favor of the restora-
lion Of the white metal. Finally in 80
the Democratic party at Chicago bold
ly declared for bimetallism and nomi-
mated William Bryan for president,
who made a vigorous fight for free
silver. The so-called gold Democrats
who had dominated the party repudia-
ted the platform and the nominee and
put up a ticket on a gold platform with
Palmer and Buckner as candidates
and then silently or openly aided the
Republican party.
If contraction of the money volume
caused by the decentralization of silver
had continued, the overthrow Of the
money power would have been accom-
pllshed in 1900. The want Of nor
money was apparent to all. The
country was so aroused on that ques-
ton that a political revolution seemed
inevitable, when an unparalleled output
Of gold commenced supplying the want
Of money produced by the non-use Of
silver. The unexpected output Of gold
killed the silver question by the in
crease Of the circulating medium and
the revival Of prosperity which the ad-
vocates Of silver claimed would be
brought about by the reconciliation Of
silver.
Since 1900 the outpu. Of gold has
continued. In the limited period Of
six years about 1900 millions Of new
gold has SO enlarged the circulating
medium as to create an era OF unex-
amplsd prosperity in the United States.
1t is true that the silver mining indus
try has received a heavy blow, and
that that industry would be restored to
its former prosperity upon the remone-
tization Of silver, If the people n
gagged in silver mining had the power
10 restore silver and regain the pros
perity which they lost by Its demoneti-
zation, it would be their right to do SO.
Silver can only be restored by Act Of
Congress and the silver miners alone
are only a small part Of the United
States. The general cooperation Of
the people TO redress the wrong in
ilicted by the characterization Of silver
was secured by the universal suffering
which that legislation produced. But
when the relief came TO all except
those engaged in silver mining-and
to them to the extent that they partic-
ipated in the general prosperity-the
silver issue was dead, so far as prac-
tical results we're concerned.
The people Of Nevada are sensible
and practical. They know that they
cannot remonetize silver alone. and
they also know that the people Of the
United States cannot be aroused to the
remonetization Of silver to obtain more
money SO long as there is an ample
supply Of gold. There are many things
which interest Nevada besides silver.
1t is now beginning TO be realized that
the mineral resources OF Nevada are
equal, if not superior. to those Of any