Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1907-11-30
EDITORIAL COMMENT
THE o AT WORK.

Sometime since a rumor was aaoat that the Standard Oil crowd was
trying to capture the control of the Goldfeld Consolidated. 1t is a far
cry from New York to Nevada, and e were disposed to smile at the
rumor as a modest emulation of hot air on the part oil the over enthusi-
asic atmospheric artists of Goldfeld. We were we'll aware that Rookie
Teller never overlooked an opportunity of gobbnng any new oil field that
might come into existence, and of crushing to the wall the small opera
tor or oil producer; but we did not look for him in Goldfeld.
Men there have been who have sought to control the necessities OF
life wheat, corn, barley, and have gone broke in the attempt There
have been others who have fought for the control of copper and lead.
and have secured it. The ambition Of Rockefeller. Pierpont Morgan and
since this would have been regarded a the dream of the philosophers
stone-the manufacturing of gold. To-day, it is not only a possibility,
but the indications are that Rockefeller and his associates are intent
upon the scheme, and with a very fair prospect Of success
The eyes of the people are being gradually opened to the enormity
OF the crimes of the trusts, the gathering Of the industries and the
wealth into the hands of the few. The people are gradually awakening
&c the meaning of this movement. President Roosevelt, with more fore
sight than the masses saw the trend of the movement before the major
1ty of the people realized it, and he went after the trusts with the big
stick. The trusts have fought back with all the power of their money
and combinations. 1t was they who precipitated the present condition of
the country; it was their agents who started the cry Of hard times,
which caused men to mistrust the soundness of the banks, and to With
draw and hoard their money.
Now, comes the combination of the Standard Oil and the smeter
trust to aid in the making of money more scarce. The smelters have
added on to the expense of handling Nevada ores. and have refused to
pay for the ores reduced inside of forty-fve pr sixty days. The smell
ters have the mines by the throat except in are instances where the
mines can ship the bullion to the mint. If there is no product coming
from the mines, the natural result is a decrease in the price of the
stock. II the closing down of the mines. This limits the supply of money
in circulation, and gives the money trust the control of the situation. It
is hardly possible that Rockefeller and his associates cal buy UP all the
mines in the country through forcing the stocks o the market; but the
can control the output and the money that they will derive by means Of
their smelters
With the financial situation wen in hand in New York. there would
seem to be nothing in the way of Rockefeller and his associates of ac-
compnshing their ends.
In this extreme it is up to Roosevelt to block this financial game.
The critics of the president should give pause to their expressions against
him. Drastic action o his part may cause hard times at the present
but IT is for the future that he is working. With the sway of Stand
ard Oil, Morgan and the rest of the money figures unchecked there
would be little hope for the future generations of the United States