The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1907-11-30

NOTICE
uuta tha hanks 4 the country resume the interchange Of business
with ONE another. we request that all remittances by mail be made in
postal or express money orders.
Publishers Of THE News"
THE GoLDrIELD PUBLISHING CO.,
ON TO WASHINGTON!

HAT THERE is a gigantic conspiracy al work in this country as amnaOl
as it Is inadious and powerful 10 enhance the value Of the money
standard and control the financial situation by curtaiing the production
Of gold, seems to be a confirmed and accepted fact in the money centsrs
u the cas-. and vest; and the chain Of incidents in Nevada hi past sw months
Sovstal s. exactlyw with these reports that it would seem that this tate is % be
the hsta and possibly the worst sufferer at the hands Of this conspiracy al 1t Is
the largest producer Of the yellow metal n the United States today.
A Titanic struggle has been going on in the east between tn pnsident ROY
rssening the general business interests Of the country, n . c0tsrsi In "a
street, which is seeking to crush tn president control the monetary = nnancal
situation, and thus " able Il dictate to the country and to the president terms
upon which business can DO carried n
The present panic las beer brought m We are told, by rsas0no 81 a sudden
awakening % he fact that there lot enough money o carry o the business Of
the metropolis has locked its doors upon its coin to sa further accsntuHe the
lack 4 standard money IN attenuation This lack Of money vs 10 discovered "r
and prick the huge financial bubbles 4 the pirate fnanciers who were robbns
n people rsht and left BY their colossal swindles; and this panic vas ct pre-
cipnated by the money kings until it was determined to pluck the power Of the
president and humudate him In the eyes o his counrymen.
The present panic is lot due to tn general business conditions OF the con
ty Never in the nations history vas general business SO good as now; never
was there 50 much standard money; never 50 great q per capita n pasn'
panic is a rich mans panic, brought about in Wall street by vermanipulaton
The people simply got frightened at the gigantic operations engineered by h So
setsu nj tn cry that there is to- little money in the country and that what there
is, hal boon driven to cover by the big stick OF President Roosevelt
~. ~ p.srtns omnanv enters the aeld an proceeds to nut of the supply Of
money metal The smetm trust adopts a policy # successive raises in treat
ment charges N Nevada ores that makes their marketing almost prohibitive;
i IS this did not sn@tuany curtau the geld ores offered, the trust gessM still
further and adops the plan Of deferred settlements N consgnments And sMn
another screw is put upn Nevada gold producers when an embargo is placed
upon IL or ORES. because the 'smelers are overstocked with snicious ores
The fact is the shelters do lot want the gold orsso of Nevada In face Of
the increase demand for smelling facilities the trust has shut down a least
In playing this game, the shelter trust has two objects in view. One. to
country and thu. control the gold output and the money situation By s1snsung
the mining industry Of Nevada, the trust car moro easily get control Of her
mUu0h M Uu3b uoVeI 8t . AoOtuuNu III NOvooo ou ~ S0Ao W SOAGAW SO
mines of this state q it does tn mines Of other states. The trust is not refusing
the ores OF Colorado. It's certain It is taking all ores offered there and paying
fol the same in cash, SO that Cripple Greek and other camps controlled by the
trust are still OF a cash basis, paying their miners in gold. while every other
CAM in the country is driven to scrip and other forms Of fat money. 1t Is thus
pain that the smeNer trust in making al exception Of this state, has Interior
purposes and those purposes are to cripple the mines of Nevada so that they can
eventually 70 added 10 the assets Of the trust at the least possible cot
It appears to u.s. and we speak for the mining element Of Goldfeld. certainly
that te time has come when the president Of the United States should take
cogninnce Of the situation in Nevada, both for economic industrial and hnan-
cal reasons and try to relieve the situation SO IS to get tho full benefit to the
country al large Of Nevada's great resources in gold. It would seem very
Il the operations md processes Of tn shelter trust were not known.
that It this time, when the country is in crying need Of gold, the shelters should
shut down and place al embargo upon the greatest gold producing state in the
union. Certainly the trusts motives arr not unsdhsh; certainly they are not
patriotic. And It Is within the province Of the president while investigating the
it is in restraint Of trade and wherein 1T is consphing against the welfare o. the
country.
The United statesn needs gold worse than any other country today and it at
fords thu best market The mines of Nevada are producing enormously Of the
yellow metal an are langushing fr q lack " market What Is the matter? The
smersr trust stands like . sone wall between the producer and the market
that cannot find a market There are thousands Of tons at the mills throughout
the state that cannot be paid for OF treated; and there arc other thousands piled
M II the smelters which the shelters refuse to reduce 10 bullion. If this golden
stream could be released and the natural flow be maintained for a few months
Nevada alone would relieve the money famine and start the wheels Of industry
and the marts Of business hummng as they have never done before
A suggestion has ben made by the directors Of the 0oldheld Chamber Of
Commerce, mat the principal towns and camps If Nevada unit in an effort to
bring the ~ mining n smelling situation to tn attention of the president
and this suggestion win be put into action It is proposed that Reno. Tonopsh,
0odned and Rhyotte each selects representative mar, familiar with conditions
existing throughout the state, and that these men constitute . committee to 60 to
Washtngton and through the introduction Of the representatives Of this state in
be inteuigsnny and forcefuny presented 4 him.. with the object and the hope
that the president may sec his way csr. to appoint . committee to investigate
the mster trust especially With reference o its policy toward Nevada.
It ans be apparent that the remedy for existing financial ills is a in
creased activity in the search for. exploration and working Of gold mines Gold