Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-09-28
JUDGE GOODWIN
ON SILVER ISSUE
Addresses American Mining Con-
gress. Maintaining World
Needs White Metal.
DECENTRALIZATION QUESTION.
silver should he Rriustatcd ~ Money
Metal or Geld should be
ncmOncti1cd.

Goldncld. New. Sept 2S.-The con-
/ vcption Of the American Mining con-
/ grcss settled down To business today
/ the preliminary exchange Of clviltics
| between hosts and guests having been
/ disposed Of on the opening day. After
| The Introduction Of several resolutions
| which were referred 10 the committee
| appointed to consider such matters.
! The delegates entered into FREQ
/ discussion Of the silver question. Tho
/ debate was of restricted nature, any
/ political Significance being expressly
barred. and hinged upon the ways and
means open to the mining industry to
create larger market for the white
| metal The discussion preceded the
| reading of several papers on this sub
| 1ect presented by men OF wide rep
! utation ma the mining fraternity.
JUDGE GoODwIN's Address.
MI Goodwin said in part.
! "Ihcrc rs "A special reason FOR .C-
| turning 10 this question now. The
| myraus OF mon la the orient, Spanish
! America. southern Europe. western
| Asia ana nortnerm Africa viii not, can
. FL
| some states nave accepted the god
/ STANDARD, nut TINS has been merely Tor
! convenience IN dealing with foreigners.
| l'he money Of the workers, VINO create
/ "a country S wealth. mas remained the
same. And that money Is silver money.
Though silver measured by gold,
/ has fallen nearly or quite 80 per cent
| employers IN silver money countries
/ pay employees the same weight of sill
yer thar they paid 30 years ago Tho
| result is thar they can aeu their wares
To as at about one-half what they coull
/ 80 years ago, but when they come u
| buy OF as. the cost. In their money
mas been doubled and exchanges have
! fallen until our export trade with half
the worlds peoples has been practi-
/ cally killed. The ships OF the Southern
Pacific, formerly engaged ln oriental
| trade. are swinging Idly on their chains
| in san Francisco harbor. and Mr. Hin
| of the Great Northern and Northern
/ Pacific ROADS. admits that he has no
outbound cargo for his ships to China;
that since the war between Japan and
Russia closed the exports to both Japan
ana China have been chiefly confined
| TO such machinery and material as
they are Obliged q have and are not
yet able TO supply from their own
works. Eastern manufacturers can no
| longer sell their wares in the orient,
| AhNlA - ahG WIN OAAlNA HiiNtI countries
is being swiftly curtailed--countrie
that contain quite half the inhabitants
of the earth.
DEMoNETIzATIoN AND DEMoR-
ALlZATION.
The great financlers and bankers
see the Generalization that has fallen
upon the exchanges and are helpless
to prescribe a remedy; the reports OF
our consuls in China, Japan. India,
Turkey and Egypt all show that our
export trade is dead with those coun-
tries, and reports from South America
are almost as bad.
THE appeals Of the eastern press
for extended trade relations with China.
II Illustrated, would make a hilarious
showing IN comic almanac. In the
meantime. the awful Chinese hive has
hegun 10 swarm, her manufactures
are being rapidly extended ana II Will
not be long before she viii be laying
down in our ports iron and steel and
wooden goods and a thousand other
staple articles at prices that wiz defy
the competition OF all generous ma
lions
Forty years ago there was much
said about the imposslbility OF COM
peting against oriental labor. BY leg
J islation. our government has more than
| doubled the difficulties OF that com
! petition.
THE REMEDY.
There Is nothing 20 do except 10
| demonetize gold or 60 give recOgnl-
tion to silver. Tho longer this is delay
| ed tho more baneful viii be the ef-
/ fects that have followed the demOnc-
| tizaton. Japan has driven English and
| German ships from the trade OF east
| ern Asia. because her seamcn work
| half ttra.N fhnW ala
| while white labor has doubled Tn
| situation has become a menace 10 all
| enlightened gold standard nations
"A few years ago the government
/ decided 90 have "a secretary OF agri-
culture The live man IN that oiflca
In the last y years has exalted agri-
/ culture until IL has become a royal scl-
ence, and already the vision is before
us OF doubling the product Of the soil
| and nightly extending the area 10 be
| cultivated.
Mining should be represented IN tho
same way Had there been live and
/ enlightened secretary OF mining ia
Washington 30 years ago. he would
have seen what was Intended ana
would have sounded the alarm 10 the
| country and the Infamous legislation
which passed then would have been
defeated and an the woes that fol-
| lowed that legislation would have been
avoided,
such an officer IL needed 10 gather
! data OF mining from an the world. %
/ be "a guide Tor men engaged in that
/ business. 10 be "a guide FOR nnanclers
and financial officers Of the govern
ment; 90 keep up with the production
and reduction NJ ores, 10 make needed
experiments; 10 do for mining what
/ seCy Wilson has done Tor agriculture
/ and horticulture"