Evening capital news. (Boise, Idaho) 1901-1927, 1920-01-04

both on account of the discouraged
production and the fact that the gold
mines of the world are being exhaust
ed, the obvious thing would seem to
be to provide some more abundant
commodity medium OF exchange.
whether 1t be copper or wheat. Silver
is obviously the most convenient. al
ready preferred commodity exchange
among millions of people. The none
tization OF silver would, with gold,
give the so-called bimetalic system: 1t
would increase the supply Of real
money, would at once add great
weight to the balloons anchor. and SO
tend to deflate prices; moreover. it
would tend to increase the price tpur-
chasing value) of gold, and so to in
crease the production of gold, and still
further bring down the balloon. In a
word we submit that the monetiza-
ton of silver would be the most sub
stantial help that can be devised for
the gold industry and for the general
economic condition Of the country.
Such a move is understood to be
impending in Europe, where it is even
more needed than here, as we have
far larger gold reserve" than any
other country. The loss of this fancied
advantage should not worry us, for
interest, is to rescue Europe from its
present bankruptcy
REVIVAL OF INDUSTRY
With a silver boom will come a re-
vival In gold mining and within very
short time the west will experience n
general revival of the mining indus
try, including all the common as well
as rare minerals and metals, that will
eclipse anything Ike it in the past.
Nothing is more sure than the COM
ing prosperity of the miner
Before the assassination of Presi-
dent Lincoln the Hon. Schuyler Colfax
left Washington to cross the continent.
When MIR. Lincoln babe him farewell
he said: want you to make a speech
Tor me to the miners you may find on
your journey. ! have very large ideas
of the mineral wealth of the nation. ]
believe 1t practically inexhaustible 1t
abounds all over the western country,
from the Rocky mountains to the Pa
cific, and its development has scarcely
commenced
Now that the rebellion is over and
we know pretty nearly the amount Of
our national debt, the more gold and
silver we mine makes the payment OF
that debt easier. Now said he, speak
ing with much emphasis, I am going
TO encourage that in every possible
way. We shall have hundreds of
thousands of disbanded soldiers, and
many have feared that their return
home in such great numbers might
paralyze industry by furnishing sud
denly a greater supply Of laborers than
there will be O demand for. am
going to try and attract them to the
hidden wealth of our mountain ranges,
where there is room for ALL Immigra-
tion, which even the war has not
stopped, will land upon our shores hum
dreds of thousands more per year from
over crowded Europe. I intend to
point them to the gold and silver that
wait for them in the west. Tell the
miners for me that / shall promote
their interests to the utmost of my abil-
ity, because their prosperity is the
prosperity of the nation And with his
eyes kindling with enthusiasm, he said
we shall prove in very few years
that we are indeed the treasury of the
world
FIRST ATTRACTED SETTLERS
Mining was the first of Idaho's vast
and varied resources to attract settle
ment, and 1t still leads in the value of
It's product, which is annually more
than one-third of all the states pro-
ductiveness. Yet few people realize
this fact and mining has not in the
past received the encouragement and
support of individuals and commercial
institutions it deserves.
The silver mines of Virginia City,
New. built the city OF San Francisco
in 1870 and made scores of million
aires throughout the country
THE camps of Leadville and Black
Hawk, Colo. put Denver on the map
"The mines of the Occur dAiene dis
trict made Spokane the Inland EN-
pire.' And Boston became the copper
center OF the world through the faith
of her capitalists in Butte.
None of these towns has been so
favorably situated geographically nor
surrounded with such rich and extern
sive mineral districts AZ Boise city In
today. Those mining districts of south
ern Idaho. and particularly those di-
rectly tributary to Boise, are princi-
pally silver bearing, therefore II Is In
evitabIe that the silver boom which IL
surely developing means great prosper
ity to southern Idaho. Some one Of
the several prosperous wide-awahe
towns Of the southern part Of the state
Is destined to become q great mining
center. Which Will It be?
WILL uog NEW TREATMENT
with tho raYiyal of the mining In
s 2 wy ees - ss2Ps,Sn 8 pgrt?-