The silver state. [volume] (Unionville, Nev.) 1870-1903, 1902-10-25
DESTRUCTION OF GOLD MINING.

Nevad Republicans, through their
United States Senators, their candidates,
their speakers and their press, echo the
cry of Eastern associate goldites hat
Silver is Dead" Let US suppose for the
sake of argument that the silver question
so far as the monetary issue is concern
ed is not of particular Importance in this
silver is still about fifty cents per ounce.
No intelligent Nevadan will deny that the
price of the white metal is still an
important auxiliary at least to the min
ing industry of the State. 1t is a well
known fact tina the ore in nearly every
gold mine in the State carries a consider
money received from the sale of that met
al adds materially to the profits of the
owners, and in many, or in fact in most,
instances is the only thing that enables
the extraction of gold at a profit, If not
preventing an actual loss to the operators
of such mines.
Suppose the price of silver be reduced
to fifteen or twenty cents per ounce, as
would unquestionably follow the passage
of the Hill bill which passed the Repub-
Hcan House of Representatives by almost
exclusively a party vote, and is now pend
ing in the Senate. Is it not reasonable to
presume that such reduction would COM
pei the now struggling Comstock mining
companies to relinquish the contest and
close down their mines? What would be
the effect of a seventy or eighty per cent
silver reduction at Wedekind City, where
the ore carries a percentage of silver
greatly in excess of that of gold? We
mention the Comstock and Wedekind City
mines as illustrations, although they APP
ply with more than equal force to Tono-
pah, and to a greater or less extent to
for silver or gold, is being at present con-
Quoted in the State of Nevada. AS a mat
ter of fact, silver even at its present val
uation. is a more important factor as an
accessory to the profitable extraction of
gold, than was gold as an incidental ac-
companist to silver mining in former
years in Nevada when the white metal
commanded its par value and when it was
the principal source of profit and the
greatest incentive to our mining industry.
Leaving the silver out of the question
and consigning it forever TO the last of
the hast metals of commerce, as is pro-
posed by the party represented in Me-
ais, and the result will be extremely dis
astrous, if not absolutely destructive to
the gold mining interest of the State. In
fact tina is one of the objects of the sill
yer demonetizers in the East. They want
dear money and the dearer the better for
the and the money loaning class
20 eliminate silver from the National cur
rency volume, but to discourage and OBJ
struct by every means in their power the
production of gold, for with every ounce
extracted there is a corresponding de-
crease in the value of that which they al
ready control. and which is practically
the bulk of the metallic currency of the
country.
Nevadans, remember when you vote for
the Republican candidates for United
States Senator, and Representative that
you cast your ballots for the destruction
of the gold as well as the silver mining
industry of the State; for that would not
only be the effect of the Republican leg
islation now pending In Congress, but il
Is unquestionably the aim and purpose of
the Republican leaders to obstruct the
production of the yellow. as we'll as the
white, metal, with which the treasury
vaults are %teeming, in the shape of bui-
lion.-Reno Journal.