The Central Nevadan. [volume] (Battle Mountain, Nev.) 1885-1907, 1907-11-14
THE MONEY
FAMINE.
The Following Editorial from The
coidHeid Tribune Seems to hit
The Nall squsreiy on
The Head.


deprived of its monetary value
but there is untold gold still await.
ing the enlivening hand of man to
bring 1t to the surface aad cast II
into the activities of the world
In the present financial crisis the
valne of the chief mineral product
of Nevada is recognized by the
Government, which has ordered
the reopening of the mint at San
Francisco for the purpose of coin
ing the builioa that is being mined
from the desert hills. The farmer
and the stock raiser call for gold
Their products are valueless with
out the aid of the miner. All con-
modities are valneless when the
country is deprived of gold.
Clearing house certificates are SO
much paper-promises to pay
but the farmer wants something
more tangible for his crops. He
demands the standard that was
fixed by the banks themselves
when they preached against the
"Silver lunatics," whom they said
we're running at large, trying to
ruin the country when they should
be imprisoned. The apostles oil
silver enunciated the gospel of The
double standard, asserting that
there was not sufficient money in
the world to meet the require
ments of commerce. They were
scoffe1 and sneered at. The CON-
ic papers lampooned the silver
craze with merciless venom, and
grave editors at the leading maya
ziaes. roundly condemned the
heresy of bimetallism. The double
standard was ridicu.ed off the
stage, but the men who fought for
the principle have lived to see
their statement confirmed by the
trend of events. For the first Ii me
in history the entire country is on
a paper basis suggested by the very
men who denounced the greenback
and reviled the dollar of our dad
oies as fraudulent pretext.of the
miner to impose an additional bur
den on the people.
The people of Nevada have never
forgotten the cornerstone of their
State, and to-day they are as en-
thusiastic for the double standard
as they were in the bankrupt days
of 1898. The thousands of de-
luded depositors who have swarm
ed around the closed doors of the
banks in every Eastern city would
like to see some of the "60-cent'
silver dollars at the present time
They would net go hungry with 9
pocket full of the white metal bear
ing the stamp of government, MOI
would they complain of the bulk
of their wealth if they were given
the option of taking it in prefer
ence to the clearing hopse certifi
cate. The latter means nothing
more than the right of the banker
barons to hold the deposit of theil
customers to bolster up the reck
less speculation of their directors
1t means that the thrifty and saw
ing class that seek to invest in in
dustrials and mining stocks at tn,
existing low prices must keep ou
of the market, for the clearing
house,certificate will not pass mus
ter with the brokers. The certifi
cate is an Invention of Wall Stree
and has never been used off th'
island of Manhattan until the pres
ent crisis forced it upon the rest O
the country. The west has ian
mense sums of ready money to it
credit, but the Gotham bankers sa,
that the western bankers must no
withdraw their currency from Ne'
York until such time as the ruler
of finance and captains of industr
permit its return to the rlghtfu
owners. From Chicago to the Pa
cifc ocean the banks have ha