The Owyhee nugget. ([Silver City], Idaho) 1905-1984, 1909-02-19

lease small patches OF land, then
more and more, and then began to
buy--the camel's head was in the
tent and the original occupants
were crowded out. The lesson is
that the rule should be for the sep
arate races to each have it's appor-
tionment of the worlds area, and
should not be trenched upon by
any other race.
But there is another thought in
this connection. While it is not
well for these seperate races to dwell
on the same soil, each is more or
less dependent on the others in the
way of trade. The brown and yell
low races produce articles of COM
merce which the white race needs.
and under normal conditions the
brown and yellow races would pur-
chase much that the white race
produces. And this would be to
the mutual interest of all. But it
is true that the trade between the
white and the yollow and brown
races, is decreasing. That is, the
latter races are taking less and less
of the products of the former. We
do not have to search far for the
reason. From beyond the time to
which the memory of man extends,
the money of the brown and yellow
man has been silver. Up to date
he cannot carry on his daily bust
ness in any other money. In the
last thirty years the dominant
white nations of the earth have re-
duced their currency to the single
standard of gold, which, of course,
has caused silver to fall to such
price as the demand of the arts
supplies. So, measured by gold,
silver in this country and Europe
has declined so or more per cent
But it has not changed in the Orient SO
far as labor is measured. An ounce of
silver pays for the same amount of la
Dor that it did in 1873, hence the ORR
entail manufacturer can afford to sell
us his wares, measured in gold at 80 per
cent cheaper than he could thirty years
ago.
But when it comes to buying our pro-
ducts at gold rates, he, having nothing
to pay with but silver. recoils before
the price, with the result that the ships
of our great railroad companies, built
for the Oriental trade, are swinging
idly on their chains in Puget Sound
and San Francisco bay. Aud this is
just when Japan is building up great
merchant marine with the thought that
she will dominate the trade of the Pa.
cific, just when China is fast awakening
from the sumber of centuries, is build
ing manufactures, is making stand for
liberty and all the rights Of man. And
in that region live half the worlds hu-
man working forces. There are so
many, indeed, that China would be glad,
were silver once more recognized as
basic money at some ratio with gold, to
take all the product OF our own mines
and the mines of Mexico, paying for it
in tea and such other OF her products
as we annually purchase.
One would think that the eastern
press would see the situation and cry
out, that eastern manufacturers would
do the same; that exporting merchants
would do the same; that our great rail-
road magnates would do the same; that
congress, reading the reports Of all our
consuls in the Orient, all agreeing that
the steadily falling exchanges were kill
ing trade, would arouse itself and de-
mand that the mighty wrong be rene
, died. Goodwin's Weekly.
We all know the man, the mere grip
! ~ ,..l,.,sa Lon1 -,,4, 49, ise - i