The White Pine news. [volume] (Treasure City, Nev.) 1868-1906, 1902-06-12


NE Philippine question in the Senate
On May II Senatorw. NJ. Stewart of Ne
vsds gave utterance to some whole
come truths and In the course OF his re-
rarks took occasion TO define his po'
sision on tho silver question. From his
remarks we take the following ex-
tracts:
A. 10 the silver question, beg pardon Tor
disgressing enough 10 say word some nave
intimated that have changed my views upon
the money question. Very far from It. new
Or changed at all. Those who accuse me OIL
DO not know anything about the money ques-
sion. They accuse me, through their ignor-
soce of being inconsistent. The United states
we're usins both gold and silver and had been
nom time immemorisl, when some sehemers
asmonesised silver. There was not goid
enough for use ~ money. Hard times came
and lasted for twenty years. Then 'he go'u
nines became productive, so that go'd sup
Piled the place OF both metals. There nave
been fourteen or hfteen hundred millions OF
new gold added TO the stock we had on hand
in the lsrt six years.
The issue Of silver Is dead, so far the Uni
~ ex44tt u couCetueus
ruE GOLD MINIS GIVE OUT.
The time may come when we shall have the
came tronble over again, because civilization
hes had istrouble from the foundation OF the
world, or a. far back as history goes. when
shs mines were productive we had civilization
and when the mines became exhausted We had
hard times and barbarism. During the OAR
asss the people had no mining, and even los'
shs art Of separating golo and silver from the
ssser metals. There was no mining and no
money no civil "a tion. few men had the
money, and the balance were the slaves, This
condition may come again. II the gold mines
give Out
I, looks now, from the prospect we have be-
fore us, that there will be enough gold for
some time 70 come. That may be irueio the
Asst nfty years. do not expect to see the is
sue again. No man can now go out aud make q
silver speech and get decent hearing sup
pose the world will adhere TO the use OF gold
ios while, but the time may come when gold
will b. abSndoned The discovery ola noun
ssin Of geld lsould cause the immediate aoau-
donment oi gold a. q money metal.
No one commodity or two commodities will
q, all tiues bear the same numerical relation
70 eli other commodities TO be exchanged
sAsrsvitA. 30 long a. metal money OF any
srscss viii depend upon the accidents Of min
i.s. Price 10 the true guide, and when legis-
issiou shall provide quantity of money clotn
q with iessl.ts power which shall main
ssIa stability Of prices, plunge. into baroai'
Ian wi, not again occur when the mines fail
Thus I wrote hiteen years ago. Anyone who
will read what Ihave written will see that l
Aavs nos been inconsi l have only said
aha, silver IL no better than gold. II we have
sold enough. The only trouble with mankind
y that there will not be enough. II Is huetn'
sslus. The Idea that the equity OF CONTRACT"
.shouid depend upon the accidents OF mining
10 very hard on mankind.
l9us
v.uas BILL 10 BENEFICIAL TO THE MINERS.
,, III, make larger market for silver You
~~., a, larger market for silver just the same
= won want . larger market for lead. Wewan'
= ssvssr market for silver whetner we use II or
.o, escs, ,se many OF our people are engaged
N minius silver. In mining copper, lead. and
sauost ali ,uetsls Il Is . by.product, aud you
nust mine siiver u you mine other metals.
To have this rise In the price OF silver svery
luporssnt 70 my State. This bill Will heip my
people considerably because twill make an ad-
disionsi market for silver and raise the price
a tho.e eursxed In that business. The gold
,s.. ussd 20 accuse us by saying that our only
native In advocating silver was TO get market
"a, silver. That was my last motive. wanted
ss set silver used as money for the heneht OF
N, eo,,,itusnts. but never argued the money
er..s,oa for that reason argued the money
cr..t,cu bscsuse believed II was necessary to
sAs hac,iness Of the country that there should
NJ, ne : shriuksse of the money volume and
misery everywhere.
100. ,ertectly astonished when the Demo-