davidaulloa/AmericanStories huggingface dataset:
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
Its Opening Was also Rather Firm,
on Scattered Buying, But Favorable
Weather Was Weakening Influence
Easier Opening in Oats Market =
Provisions Market Dull and Firm.

Chicago, July 23.-Wheat opened
firm and slightly higher. The Russian
political situation, and small worlds
shipments were the chief factors fav-
oring higher prices. The early ad-
vance was lost on favorable weather
and heavy receipts. September open
ed at 76B and sold to 76A @76ss. Min
neapolis, Duluth and Chicago receipts
were 1,1S3 cars.
Heavy receipts, selling against
country purchases, caused weakness.
September closed " lower at 761a.
Corn.
Corn opened rather firm, on scatter
ed buying, but soon eased off on favor
able weather. September opened at
1917 @49A. Receipts were 244 cars.
The market became firm on good
cash demand. September closed y
higher at 50A.
Selling because of favorable weather
caused an easier opening in oats.
September opened at 32A to 32as. Re-
ceipts were 143 cars.
Provisions.
Provisions were dull and firm,
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
BASE BALL SUNDAY
National League.

At Chicago-Chicag 6, Brooklyn 3.
At St Louis-St. Louis 4, Boston l.
At ncinnati-Cincinnati l3, Phila-
delphia (first game.) Cincinnati 10,
Philadelphia 3 (second game.)
American Association.
At waukee-Louisville 1, Milwau-
kee 8.
At st. Paul-St. Paul 1, Columbus 2.
(first game.) St. Paul 0, Columbus 1
(second game)
At Minneapolis-Min s, In
dianapolis 2.
At Kansas City-Kansas City z, To-
ledo g.
Western League.
At Des Moines-Des Moines 8, Dem
yer 6 (first game.) Denver Is. Des
NMoines 3 (second game)
At Omaha-Pueblo 4, Omaha 0 (first
game.) Omaha Ia, Pueblo 5 (second
game)
At Sioux City-Sioux City ), Lincoln
(frst game.) Lincoln 4, Sioux City
(second game)
Three-I League.
At Cedar Rapids-Decatur z, Cedar
Rapids 2.
At Bloomington-Blo 8.
Davenport 1.
At Rock Island-Rock Island Spring
field; rain.
At Peoria-Peoria 8, Dubuque 0.
o-aa,~,A~ ar TILE or#une
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
LINCOLN CHURCH
WANTS REV. SMITH
CONTINUED from Page seven.)

agree to the transfer, together with nu-
merous letters urging him to Lincoln,
were soon after received.
In case he did go, it would be neces-
sary for the presiding elder of the Lin
coin district and the bishop of that
conference to agree to his transfer, also
the permission of Presiding Elder w.
F. Pitner, of the Marshalltown district,
and the bishop of the Upper Iowa con-
ference would have to be secured In
case he goes it would not be until fall,
probably at the time of the annual con-
ference.
Since he came to this city from Ack-
ley last fall Rev. Smith has met with
wonderful success in his work in the
church and Sunday school. His per-
sonal contacts have made him very
many friends, and he is an acknowl-
edged pulpit orator before whom there
lies great possibilities.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23

$500; best. steady. others low; native
steers, 4.5O@6.25; cows and heifers. 3.oV
@4,4O; stockers and feeders, 275 "a
425
Hogs-Estimated receipts for today
1000; shade to higher: heavy. 6.45@
6.6G: mixed. 6.47h $3.50; light, 6.471aG
s.571s.
Sheep-Estfmated receipts for today
900; slow to lower; 4.4o@6.1o; lambs
62h0l115
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
oIcott's Firm Out.

New York, July 23.-Justice Mclean
today signed an order directing the
law firm of Black Olcott, Gruber and
Benynge to hand over to Clifford w
Hartridge, of counsel for Thaw, all pa
pers having any connection with the
ThaW case
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
FIFTH NATIONAL CONVENTION.
American Federation of Catholic So
cieties Meets at Buffalo July 29.

ST. Louis. July %. Anthony
Matre, national secretary of the Ann
erican Federation of Catholic Societies,
announced today the completion of the
program for the fifth national con-
vention of the federation at Buffalo
July 18th. Among the speakers will
be Archbishop Messnler OF Milwaukee,
Rev. E. C. Kelly of I4apeer, Mich, and
Hon. NJ. Conner. of Dubuque, Iowa.
The leading questions to be discussed
include Divorce oaialsm." School
Question: "Li6raries.D and Indian
Schools"
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
THE DAY BEFORE.
(For Comparison.

Chicago, July 81.
Cattle-Estimated receipts Cor today
500; unchanged; beeves. 4.00@6.4o;
cows and heifers, 1.25@5.40; stockers
and feeders, 2.60@4.3O.
Hogs-Estimated receipts for today.
10000; strong; about cents lower:
mixed and butchers, 6.35 $3.50; good
heavies, 6.40@6s2k; rough heavies.
6.1O@635; lights, 6.45@6.S5; bulk Of
sales, 6.5O@6.75.
sheep-r:stlmated receipts for today
5000; steady; s.Oo@5.75; lambs, Also
It's.
Representative Cattle Sales.
Below are given a few of the repre-
sentative cattle sales:
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
st. Louis livestock.

ST Louis, July %.
Cattle-Estimated ,ece,pfs FOR today
$500; lower; steers, s.5O@6.25; stock
ers and feeders. 2.oo@4.25; COWS anc
heifers, 21O@5.25,
Hogs Estimated receipts for today
$500; strong; pigs and lights. 6.7Od
SIS; packers, 6.5od6s5: butchers and
best heavy. 6,65m6.S5.
Sheep-Estima led receipts for today
1000; steady; 3.oo@6.oO; lambs, 4.oo@
& 90
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
MEN FROM MADISON BuNcoED.
Warned of Old Game, But Affable
Stranger Finds EN- Easy.

Chicago, July 2s-David Brown and
Frank Krone, Of Madison, Wis, came
to Chicago yesterday morning for a
day in the great central summer resort,
and last night they went home with a
Certified check" for $1,000 and without
$25 with which they had accommodate
ed loving stranger. 1t was the same
old prescrption-affab friend of
Browns family at Madison many years
ago: stranger temporarily embarrassed
but with $1,000 check that he couldn't
cash because banks were closed; dis
appearance of stranger in telephone
booth in Masonic Temple. And the
Wisconsin men had been warned about
bunco men, too.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
New York Produce.

NeM AofN July %.
Mheat-septemb2 SIS.
Corn---September, 81 Is.
Poultry-Alive. not quoted; dressed.
firm: springs. 1923; turkeys, 11@1S;
fowls, 11@14.
Butter-steady; creamery, 16h@21:
renovated, 12@1SR; factory, 13@16A;
imitation creamery, 161s @1s1a.
lEggs-Firm; firsts, 17@1S; seconds.
16@161a.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
CHICAGO Livestock.

Chicago, July 70.
Cattle-Estinated receipts for today
10000; steady to ten cents lower;
beeves, 4.O0@6.40; cows and heifers,
1.25@5.25; stockers and feeders, ESQ
@4.25; Texans, 4.25 $3.50. \.
Hogs Estimated receipts for today
$4,000; steady to five cents higher;
mixed and butchers 6.4O@6.s71s; good
heavy, 6.4O@6.s5; rough, 6.10@6.35;
light, 6.5O@690; bulk Of sales, $3.50
$50.
Sheep--Estimated receipts for today
10000; 1O@15 cents lower; 3.00@5.70;
lambs, 4.75@7.70.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
Money Market.

New York, July 23.-Money easy. 90
~ prime mercantile, 51aq5A; ster-
ling. strong, at 4.s5.l5 q 4.s5.20 on de-
mand; 1895 G4,s2.1o at sixty days.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
Chicago Grain.

Chicago, July %.
Wheat-No. 2 red, 77@771s; No.
red, 76@761a; No. 2 hard, 1914 @761a
No. hard, 74@75a July. 751s; Sep
TENDER opened, 1910 highest, II;
lowest, IS; closing. 76k.
Corn-No. g., 5O1s@ 51; No 3, 500
5o1a; No. 2 white, 52A @52A; No. 8
white, biz; No 2 yellow, SIX @511s:
No. yellow, 51@51A; July, sos /:
September opened, 491s @501s; highest,
50R; lowest, 491z; closing, sou.
oats-No. 2, S3A; No. 3, 3s; No.
white, 361s@37; No. 3>white. 33@351a;
July, 33A: September opened, 32A a
S2%; highest, 32A; lowest, 32As clos
ing, 32%.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
liuernonl Grain.

Liverpool Grain.
Liverpool July 2s
Wheat-Easy; July, IS ND; Sep
TENDER IS Sgd.
Corn-Steady; American mixed,
new, As Cd; July, As SID; September,
As SID.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23

Representative Hog Sales.
Below are given a few Of the repre-
sentative hog sales:
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
St, Louis Grain.

81. Louis, Jui;- %.
Wheat -Septenbe-. 1SA.
C0aQs .,s2m. e. 1914.
Oats-.-2 ijie ms. - y.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
Kansas City Livestock.

kansas City, July 70.
Cattle Estimated receipts for today
1900; steady; native steers 400 q
6.25; soutnerns, 30Om5.0o: westerns,
3.75@5.90: native cows and heifers.
20oM5.5O; stockers and feeders, 25oM
46O.
Hogs-Estimated receipts for today
1000 strong to 5 higher; heavy. $50
m6.65; packers, 6.571a @6.65; pigs and
lights, 5.S0M6.671a.
sheep-Estimated receipts for today
5000; weak; 4.5O@6.oo; lambs, $50 q
SIS.
Omaha Livs.eoci<.
Omaha. July 2s
Cat.le-Estimated receipts for today
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
New York Exchanae

Chicago, July %. - New York ex
change was at 5 cents premium.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
CHICAGO GREAT WESTERN R,y
Maple Leaf Route.

Maple Leaf Route.
Effective 1901 p. M, June 8, 1906.
TRAINS SOUTH.
4 No. l, D. M. & K. c. Ltd. 4.25 m
No. 5, D. NJ, ST. J. & K. c. Elk. 9:55 . m
No. 3, Southwestern Express $50 D m
No. Z. Des Moines Express. 1:45 D m
TRAINS NORTH AND EAST.
No. 6, Twin City & Chi. Spec. 4:30 q m
No. 4. st. Paul & Chi Ex...I2:sO D m
NO. 2, Twin City & Chi. Ltd.11:0O D m
No. 8, from Des Moines ar
lives ~. OBSERVATION-DISCLOSURES. 700 m
All trains daily. except Nos. Z and 8.
J. r. HARDING.
Agent, MarshaIltown.
:. ?. ELMER, G. p. A., Chicago.
c. M. & ST. p. RAILWAY co,
Time Card at Pickering.
EAST BOUND.
NO. 4, Passenger Daily u. 1:42 o. m.
No. 26, Passenger Daily -. 1926 D. M.
No. "a, Local Freight Ex..
Sunday .... lon ~
WEST BOUND.
NO. %, Daily Elk Sunday. 1855 p. m.
No. 3, Daily .... s.oa m
No. Is. Daily ......... 1:45 a. m
No. SO, Local Freight Ex...
Sunday .11:25 a. m.
J. G. ETHEL, Agent N ~
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
WHEAT ADVANCE LOST
There Were Several Factors
F.,y,i,ia@ Aig:-sr Zee ..s
Tie G,.e.n;.-s ely

THE coEn 80. ..7 l.,5E-
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
Chicago Produce.

Chicago, July 49,
Pork-July. 1915; September 1929.
Lard-July, sS71s; September, 81
9212 @8.95.
Ribs-July s.25: September, e25.
Rye-September, $1,000.
imothy-4.25 @4.4O
Clover and Flax-Nothing doing.
Barley-July, 43: September, 1910
44715.
Butter Steady; creameries, Is q
1917: diaries, 15@171a.
Eggs-steady; 12@15.
Poultry-Steady; turkeys, 70; chick
ems, u: springs. 1903.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
TIME CARD ELECTRIC STREET
RAILWAY.

RAILWAY.
Leave Depot for Cars Leave
Soldiers Soldiers
Home Cemetery Home Cemetery
A.M.iP.M JAN. Pm. Am. Pm. "a. N. M
so4I 2o4 1872 49, POI 2 20 1851 s.
62Si 22SI 6 40i2 40I Al 244 659i 50
$50 252i DAB O4I z 0s aOsi 723i 3aa
Isl 31sI 1913 2sl 7So 33e 747i 347
4Ot 3 40 52t3 52i 1861 356 sill an
% 4oi 1914 Is s 20l 4 20 81 ABS
S2S y iOif 40 844I IA $50 4 SO
500 4o2l O4I6 o. 90sI sos 3 23l ia
s16i SIG s2sl5 81 80 JS2 s47t ~
~, Az sa2.a % 81 500 III G II
IL "a 604 ~ 1876 10 10 20 POLO 81 IS
~ y y ~ 4e6 ~ 10 "A 5i41O 59I 50
10 %! s2ill "a " 04ll 0sl 1Os.1l 23I %
III 10 l6tl 2s!I % II 32l 1872 Al 743
IA 40 40sl az o2i11 56l 56lP-M.I S11
Pm 04lP-M.s 10lP. NJ 2oI12 III s35
IL 04t 2St12 1853 1912 POI 8 44E12 35i 50
IL 5eI12 4ols O4i12 "A 9os1 2'5eI %
1852 49, 04is 2sl 0s| . 32 1 23i e47
4 49, 4o 2sls 52t s2F . 5sl 47I1o Of
/ 40l10o4I ! SO 156F1O Isl Eli
S. Home cars-Red signs and lights
Cemetery carr Green signs and lights,
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23

New Yerk s.ock Market.
The following range of prices ars
furnished b. A. ]. Clark. broker. over
the private wire of the Hammond File.
vat,r Co.. office over West Main:
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23

Peoria Grain. :.
Peoria, July %.
Corn-3.5o.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23

Range Of Prices.
The fonowmg range OF prices are
(. finished y A. ]. Clark, broker. over
the private wire of the Hammond Ele-
vator CO.. office over West Main:
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-07-23
Omaha Liv...oci<.

Cl1laNH, July 3S-
Cattle-Estimated receipts for today
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-10-14
FIRST PRIZE.
This Story Gets SIS.
A Cleansing Breath.

John L. Cox, speaker of the Tennes-
see senate, had an old negro servant,
who liked his drink just as we'll as the
best Kentucky colonel in the bluegrass
state. One morning, just after the
cold spell broke, the darby came to
Senator Cox.
"Marse JOHN said he, "Ill jes' up
an clean desc winders dis mornin -
"All right, Caesar,2 replied the
senator.
CPS got ter hab a half tumbler Of
whisky, Marse John. De re ain It
muffin like whisky for cleaning win
ders.'
The half tumbler. was promptly given
to Caesar, who armed himself with some
rags and carried the whisky to another
room to begin his work. A few min
utes afterward Senator, Cox had occa-
sion to enter his room. Caesar was
busy polishing the windows. The
tumbler was on the table, but no
whisky was in it.
''Why, Caesar, what s become of the
whisky?' asked the senator. 81
thought you used it in this work. ~
$50 T does, Marse John, so Does -
was the answer. "You see, sab, l
drinks de whisky and blows nah BRET
agin de winders!ts- Eva L. Austin. :.
1909 Third av S.. 'aI.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-10-14

But this, after all, is now become a
minor consideration in comparison, with
the probable effect on human affairs OF
the tremendous increase in gold pro-
duction. Consider the fact that the
gold workings of the world turned out
last year 1915, 100000 worth of gold and
that this year they will yield over
$400,OOO 900. Consider, too, that for the
last decade the output. has been grow
ing at the average rate of thirty mill
ions a, year, while in the pervious dec
AIDE the annual increase averaged only
nine millions This was in spite Of the
Boer war, which put the Rand, one of
the greatest mining districts of the
world, out of the running for a time
and cut it's production down to a frac-
ton of it's capacity for another period.
In 1899, the year before the war, the
Rand was yielding sixty millions a5Year.
Now, with cheap coo1e labor, it is
turning out gold at the rate of over
a hundred millions a year. Experts
believe that eventually the great South
African district will yield 7$2O0,000,000
a year--which is half Of the probable
production of the entire world for 1906.
the most wonderful showing is being
made. For this the great, newly dis
covered Tonopah district in Nevada is
largely responsible. Nevada, which was
supposed to be "worked out,' has as:
tonished the world with series of
great "bonanza strikes,' richer than
any hitherto recorded in history, and
giving promise of others quite as re-
markable yet to be discovered in the
same region. Tonopah is only fou,
years old and in that time it's, handful
of mines has turned out ten million in
gold and the ore now "blocked out in
sight will yield $lo0,00o,000. !, At that
most Of the properties are little more
than scratched. And Tonopah. destined
to be the metropolis of Nevada, is: but
one, of several camps than which it i:
probably no richer Bullfrog, Goldfeld
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-10-14
Favored with Fido.

One summer day three painters were:
painting the inside of 3 house in the,
country. Towards teatime these paint
:ers began to wish for something to
drink. Solthey held a conference, with
the result that their! leader went to the
mistress: Of the house and said. ST., e :
4 The frames Of your oil paintings
are very dingY, ma 'am. Well clean
them for : you if you We got any
whisky" :.. J! ~: -. !.
GLOW much whisky WILDE needed?''
asked the guileless old lady. .
..<About a quart, ma am" said the
painter. !. :, .s<
So the old lady brought to the three
painters a quart of whisky, and they
drank it up, and cleaned the picture
frames with water. 4 W. = i as.
At sunset the old lady, coming to- in
spect the frames, expressed herself as
delighted with them. ..f !: z. *&%7:.s
.SOh!,' she said, = they look beautt Jul.
And who d have thought a quart of
whisky would clean 50 many9. It was
lucky j saved it: It was what I
washed Fdo in last Sunday
University of Minnesota. M. K.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-10-14
(RARTLY EJT1NATED)

tigators. There have been high tides
in gold production only twice before.
The first followed the discovery Of
America:.and the exploitation Of Peru
and Mexico. In the century and half
following the Columbus voyages the
precious metals declined one-third in
purchasing power. The rise in the price
lily by rise in wages that much hardship
resulted. Charles I fell out with the
English parliament over money matters,
the decline in the purchasing power of
gold making heavier taxation necessary
to carry out the Stuart g purposes. Thus
in way, the money questionable eter-
nal stumbling block of statesmen and
politicians be said to have cost
Charles his head. *S =.
The second flood Of gold followed
the discovery Of yellow particles in the
can river, California, jan "A, : 1848.
The average annual worlds output for
twenty years prior to that discovery
had been $25 ,Ooo, 900. For the next
twenty-year period it was $130,000,00O
annuallY-an increase of 420 per cent
California alone-altho it's annual out.
put has decreased from $65, 100000 to
! SIS, 1000 ,000-has since that memorable
day yielded gold, to the amount Of
ST, $50 100000. ...' .-- 49,.
| The stupendousr consequences of this
golden high tide were neither wholly
good nor wholly evil. American civil
zation, which had spent two centuries
and half in spreading from the Allan
tic to the Missouri river, leaped the des
ert and reached the Pacific in one year
It filed the intervening territory with
towns and cities and farms and rancho,
in half q century. It brought California
into the union as a free state, and by
destroying the balance between the free
by the south, led to the repeal of tn,
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-10-14
.2loI MILL1ON5'

town was almost deserted. > Now the
busy .dredge is. making it, once moro
center of great activity. There are
similar scenes in various parts of Col
orado, New Mexico, Wyoming and Ore
gon. The possibilities of the great riv-
ers Of northwestern Canada are ire
mendous, and fields of exploitation are
bia, Mexico, Honduras, Guatemala,
Bolivia, the Guianas and Brazil. The
same is. true of many regions in the
other hemisphere. Over twenty years
ago a great authority declared that
nine -tenths of, the worlds gold was
washed out in placers., For the last
fifteen years these figures might almost
be reversed, as practically nine-tenths
of the new gold has come from quartz
mines. The development Of the -dredge
will swing the pendulum back toward
will continue -to>:increase wonderfully.
Some day the sands of the desert, now
too far from water, will be made to
| yield up their gold. There are great
! plains Of black sand, containing besides
gold the equally precious platinum, and
the secret of how. to separate these
! metals from. the sand proftably will
! yet be, wrenched from reluctant nature.
Still another contributory cause to
/ the increase in gold production is the
! rise in price Of silver and copper. Mines
! of these two metals usually yield some
gold as. a by product. Every advance
of a fraction of a cent in The, price. of
silver or copper is bid for the reopen:
ing of mines long inactive.
T. These, then,r are some of the grounds
for predicting the continued and in
definite increase in the, supply Of new
gold, and these are the reasons for the
question propounded above: Can there
be too much gold: in circulation9 Il
! is a question, of course, that will b.
answered differently by different inves
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-10-14

Missouri compromise, brought about the
fight for Kansas and was one Of the
causes Of the civil war. It caused the
building of transcontinental railroads,
increased the power, resources and ma
terial wealth Of the country in thou
sand ways. Naturally one of the first
results was the increase in the cost Of
living without corresponding increase
in wages. The resulting hardships drove
wage carriers from the cities out onto
the farms of the west or transformed
ors, who in turn discovered new mining
districts. The diminishing supply of
labor thus automatically operated to
elevate the wage level and adjust life to
the new conditions. An era Of general
prosperity followed.
The academicians made dire predic-
tions of disaster when the California
flood tide, augmented by the discovery
Mexico and elsewhere came sweeping
upon the world. Their reasoning was
good, but unexpected things happened.
It is this propensity of the unexpected
| to occur that upsets. economic reason
ing SO frequently. The great Crimean
war, engaging nearly all Europe, abb
portation facilities flooded Europe with
imports. India took most of the money
for these, absorbing IS per cent Of the
new specie between 1855 and 1865. In
hation and transportation eliminated
in the bursting bubbles of 1857 and
the resulting depression was felt all
over Europe and America
The business of the world today is so
interrelated that the distribution Of
new gold is not nearly so likely to be
Euneven as during the previous high
4 tides. This will obviate some of the
transitory eYiias~to a large extent. And
4 it seems evident that the flood Of gold
cannot result in permanent evils. Yet
there may be sections oversupplied with
gold and others lacking sufficient capi-
tai for development that will suffer
temporarily. When any country is fully
; supplied, further addition means mere
dilution and consequent diminution Of
:. the old stock in value. But the ma,
!, tions that are marching in the van of
the world g progress are so closely in
70 terlinked that this condition seems i'm
probable in one, unless it exists in all.
The greatest danger undoubtedly is
that speculation. waste and adventure
:, may run riot, and that commerce may
. thus ride to a nasty fall, demoralizing
to the whole Industrial system Of the
, world. ,- - s-..s s--
4 Altogether, it will be seen, the ques-
tion of what will result from the great
3 est high tide of gold in the world IS
history, is a most complex and inter
eStlng one. 1881
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-10-14

A few short, years ago the propo-,
nents of the free silver theory were
making dire predictions about = the
world s supply of gold They declared
that old mother earth had, yielded up
the greater share Of her precious store
and that not enough could be found to
carry on the business Of the world.
Commerce, they were certain, would
20 bump for lack of a metal on
which to base the money system-un-
less, indeed, silver was used as they adj
vised. Nothing, they said, but the com
plete reconciliation Of silver could
strike the shackles from the workers.
They quoted Professor Suess, the Aus
TRAN scientist, who declared on geologi-
cal grounds that the world was rapidly
nearing the end of it's gold resources
and that we were facing terrible in
dustrial and financial crisis. And now
comes the swelling food Of new gold
rising higher every year and like tc
double in the next ten years, to settle
forever the pretensions of silver to 8
share of the throne SO long occupied
by King Gold