Weekly independent. [volume] (Elko, Nev.) 1887-1914, 1902-10-31
DESTRUCTION or GOLD MINING.

Nevada Republicans, IT, rough their
United States Senators, their candi-
dates, their speakers and their press,
echo the cry of :heir eastern associate
goldites hat silver liz dead Let us
suppose FOR the SAKE OF argument that
the silver question So FAR us the none
;Hry iss4r is concerned is not Of p~articu
lar importance in this campaign. Blu,
the commercial value Of silver is still
about fifty cents per onnce. No in
tcligent Nevadun will deny that the
price Of the white metal is not still AN
important auxiliary at least to the min.
ing industry Of the State. 1t is Il we'll
known fact thai the ore in nearly every
gold mine III the Stat, carries "A con.
siderable percentage Of silver AMI that
the mOncy received from the sule. nf
That metal ad Is materially to- the profit.
OF the owners, and IN many. or III fact
in most instances is :i!e only thing thu:
enables tim extraction Of gold at a
profit, il not preventing M actual Oss
20 the operators Of such mines.
Suppose the price ri silver should he
reduced to fifteen OF twenty cents per
ounce, as would un~qucstinnahIy follow
the passage a! the Hill ill which pas.
sed the Republican House OF Represent
~tatives by almost excl usively Il party
vote, and is now pending in the Senate
Is it not reasonable 10 presume that such
reduction wou!d compel the now strug-
CLING Con stock mining companies to
r%elinTuish the contest and close down
their mines? What would be the effect
Of a severity or eighty per cent silver
reduction at Wedekiud City, where the
orc carries a per ceniage Of silver great
ly in excess of that Of gold? We men.
ton the Comstock and Wedekind City
mines rs illustrations, although they
apply with more than equal force To-
Tonopah, and TO a greater or less extent
to all of the districts where mining,
either for silver or gold, is being mt
present conducted in the state Of Ne
vada. AS a matter Of fact, silver even
at its present valuation, ~ a more i'm
portant factor us an accessory to the
| iIbiltdplC CANl.iCsipH vi HOlI1 llli!l WIS
gold as an incidental accompanied to
silver mining in former years in Nevada
when the white metal commanded it,
par value md when it was the principal
source OF profit and the greatest incent.
i've to our mining industry.
Leaving silver out OF the question nud
c%onsigning it forever to the last Of the
bnsc metals II commerce, as is proposed
10y the party represented i'll Nevada 10y
Stewart, Jones, F~arringtcn, ct ala., aud
the result will be extremely disastrou-,
if not absolutely destructive 10 the GOLD
mining interests nf the State. In fact.
that IS u Of the objects 81 the silver
demonGtizcrs in the east. They want
dear money and the dcarcr tue better
for the banks and the money looming
class and institutions. Their Objrct rs
not only to climruatc silver from the
National currency volume. but to dis
courage and uhstruct by every means in
their power the production ~ gold. Tor
with every ounce extracted thcrc ~ a
corresponding decrease in the value ~
uiat when they hlrchdy control. AMI
which IL practically the bulk Of the
metallic currency ~ the country.
Neyadnns. remember whom yun vote
for the Republican candidates Tor
United States Senator and Representa-.
tive, that you cast your ballots for the
destruction Of the gold ms well ~ the
silver mining industry Of the State: 'pr
that would no: only be the effect II The
Republican legislation now pending IN
Congress. but it liz uDqucstionably thc
aim and purpose of the Republican
lcadcrs to ohstruct the production ~
the yellow, as well M the white, lnpttI.
with which tho treasury vouIts are
%tcrming in ia" shape ~ bullion. -Rsno
Journal