Weekly independent. [volume] (Elko, Nev.) 1887-1914, 1903-09-18
TIE nIsEE ouIBEEEs.

We ere told hat the Commissioners
Of the great Commercial nations are
favorable &c q RATIO OF y TO i Tor silver
Hor did The wise body come 70 fI uppp
thaif There Is no silver suTrlas. Eng
land uEDts several rr%iIlioos OF OUNCES 10
coin for India. Every ounce ooirei on
the Continent Of Europe passes for real
money at a ratio Of l5js to ]. ard every
country, save possibly France, rants
more. Suppose they uere to sgreee uToo
"a 10 ], do any OF then think silver bull
lion would not he worth thai price ueIt
morning. II paper money has no value
except through It's stamp and it paszes
at par, Ehere Gomez IN the grea; fear
about silver: Il peYe feD in value IN
I'll the gators repudisied II and then
when It began 10 fall IT dragged every
article OF commerce every form Of prop
erty except interest bearing notes and
that siirer feU, tiInI Is, gold ~as arpre-
ciated until when silver had fallen 90
per cent it xas found that IT required
twice as many pounds o. wheat o- corn
or cotton TO buy a dollar as II required
before the nations, ~follorlpg the advice
OF those Ebo held most o. the worlds IL
ttrest bearing securities, repudisted
bali the cal money OF the xorid. are
these commissioners afraid 10 acEDoTl-
edge at this late day that the demonr-
fI-1Ffpp ~ EIi-ay rnc IDIHEvr -La--
petrsted upon the worlds poor. and that
great middle class that will their little
money and their work combined. are
trying to live: Most Ct the bonds are
paid Of. principal and interest, COLO Is
increasing vastly faster than silver, still
with all that Gao be contained q; both
metals, the nations are forced 10 issue
vast amounts Of paper money III order
TO carry On their haliiDs bu=iness. paper
money with nothing behind. il except
faith ID the power OF the respective gov
e-nments To redeem II.
II Is Just thirty years since silver Sas
demonetized, since the nations stamped
upon it. declaring i; vas 30 plenty that
ii had ceased TO be z precious metal aud
was a mere commodity Ike IN ans and
whiskey, but still there iE no surplus
and China alone would ike 20 buy an
amount equal TO what all the mines U;
the world hare supplied In those thirty
years and that wLuiG siTc her but sbUul
sis0 per capita for her people while
ours are clauoru rs for rIOfe money
though onr per capita is s2T. Is it not
time 10 cease hiding III the closet or
under tie bed when this silver ghost Is
conjured up? There ID not d taan on
that commission not one from tie Uni
ted States or Great Britain or France
or Germany or Russia ~ho does not
know that with the ratio fixed at twenty
our or even sixteen. silver TO one OF
gold, the commodity price Of silver
bullion would follow the money price
and be the same all around She World
within twenty-!our hours, tina! where
ever the telegraph reaches.
Why do they fix upon 81 10 /? Is If
to enable certain combines to purchase
the silver product Of the Dert two or
three years and then to reduc, tie ratio
One-half that their purchases may donble
in value? 1t surely has Tint look. Thy
do they not sound the alarm anc point
out the menace which hens Eggs are TO
the world: Last yea mining IN the
United States was prosperous. but the
whole amount Of silver mined, il coined
at the old l6 to l ratio would not pay
for the hens eggs consumed last year
10y the people Of this Republic. Why is
nefarious trade without ccnsure while
a perpetual embargo upon aud robbery
OF the American miner is called @neces,
ssry sta~tesmanship?' Goodwin's
Weekly.