davidaulloa/AmericanStories huggingface dataset:
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10
sTA5ILlzING SILVER.
Prediction Made That 1t Will Go
Above $3.50 Per Ounce.

Prediction Made That 1t Will &C
Above $3.50 Per Ounce.
The following is sent to the Miner
for publication, the sender. however
neglecting to give the name of the pa
per from which it is taken:
'Tn an article urging the addition OF
capital to present silver mining enter
prises, and showing the world wide
necessity for the white metal for sew
eral years to come, DR.. J. NJ. Schu-
mann cites a number of figures indi-
eating the needs and usage of silver
which exceed the estimates made in
these columns months ago
after stating that the worlds pro-
duction of silver in 1919 was 100. 1000, .
900 ounces DR. Schumann proceeds to
outline a world need of 1000 900
the fer east; 300 O00 900 ounces a year
for new silver coinage: 10000 900
ounces n year for use in the industries
and arts: 100000 ounces a year to
helm the worlds stock of gold validate
present and future paper currency.
Here is a definite and permanent
need for 100000, 900 ounces of silver a
year, yet the world production reach
ed its record by an average of 225.-
100000 ounces a year in the period
from 1910 to 1913, inclusive.
1.-THE obvious thing is the employ
ment of more capital in silver mining,
and the reduction of income tax on
the industry. New silver fields and
revival or extensions of old ones are
necessary. In coinage and in pay
ment of international debts, silver has
become as necessary as gold, and
with the constant increase in demand
for the white metal, it is reasonable
to assume that it will soon attain the
stability of the price of gold.
From the standpoint of the worlds
need for silver, DR.. Schumann estim-
ates that the bullion price of silver
will settle between $3.50 and s1.75 an
ounce and that a revision downward
can not be expected before 1910. if
then.
at is useless to try to ignore silver
as a money metal now and for years
to come. The world has not sufficient
gold and can not get enough to back
up the enormous amount of paper
currency and at the same time act as
a circulating medium. In fact, silver
has been called on to perform part of
that function. In addition. for centur-
les silver has been the only recognize |
ed money medium in the far east.
1.-THE man. therefore. who is help |
ing the silver industry expand is
performing a public duty and aiding
the national cause, for it is certainly |
good business to mine silver in the /
United States or Canada and sell it at
a big profit either for coinage or mer- !
chandise media With the enormous |
permanent increase in the demand for |
silver. with consequent rise in its
market price per ounce. the element |
Of speculation or uncertainty Of pro-
fits in the enterprise has vanished"
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10
THE DEMAND FOR SILVER
DECLINES IN FAR EAST
EXPLAINED IN WITHDRAWAL OF
CHINA AND INDIA FROM
THE MARKET.

Following its sensational advance
last winter to a new high record OF
approximately s1.SS per fine ounce in
New York. the price of silver has
steadily declined until this week il
reached the lowest level of the year.
says the Bradstreet Review, in a sur
vey of the factors to which the fall is
attributed. The reaction. which has
been very pronounced the past few
weeks, is attributed to a number of
factors, but principally to the sudden
and marked falling off in the Chinese
demand for the white metal.
Demand Supplied.
The violent rise in the price some
months ago was due chiefly to urgent
buying for far eastern account. main
ly China, which had been unable to
secure an adequate supply following
the entry of the United States into
the war, because the chief sources of
supply were controlled in the inter-
ests of the allies" the review contin-
ues The requirements of India.
which had always been the heaviest
purchaser. were met through the joint
efforts of the United States and Great
Britain, with the result that China
became the largest buyer in the open
market Chinese requirements have
now apparently been filled, however.
for dmand from that quarter has all
but disappeared. and India has not
resumed purchases as many had ex-
Dected in the event of a substantial
iecline in the price. Whether or not
either or both of these countries will
inter the market around current lev !
is is a matter of much speculation
lmong trade authorities.
Europe Melted Coin
another development which is re-
-arded as an important factor in
ausing the decline is that supplies of \
liver have come from various sources
n Europe. including France, Austria
nd Germany, and have in large meas
re met the demand in such countries
furthermore, the extensive issuance
f paper currency in European coun-
ries, together with the premium
hitch the bullion in silver coins COM
handed as a result of the advance in
ne price of the metal. served to drive
Ich coins out of circulation. and
-rge amount of them have been melt
for their bullion, despite the efforts
different countries to prevent the
ractice, thus adding to the available
lpply of the metal"
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10
Daily Quotations of Silver, Lead, Zinc and Cooper
Which Are the Actual Basis Of Settlement

given are based on large transactions
and are generally determined from re-
ports made by producers and selling
agencies. Both the New York and ST.
Louis prices Of lead are given. the diff
ference being due mainly to the differ
ence in freight between the two points.
The quotations for speiter are for
prime western brands. To arrive at
the New York price odd s5 sents per
100 pounds to the st. Louis price.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10

The accompanying table gives the
quotations of silver lead, zinc and
copper as obtained by the Engineer
ng and Mining Journal and which are
specified as the basis Of set
lement in ore contracts with the
smelters. The quotations published in
he daily press are usually higher for
the reason that they represent sales
n small cts, while the figures here
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10

And iG accordance with law so
many shares of each parcel of such
stock as may be necessary will be
sold on the 21st day of June 1920, at
100 p. m. of said day, at the Office of
the company, Burke. Idaho, to pay the
delinquent assessment thereon. to-
gether with the costs of advertising
and expenses of sale.
c. A. DETTMAN,
Secretary Treasurer of the Washing
ton Mining Company, Burke, Idaho.
Je3-17-3t
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10
Better Name for L.

Don't call it 'moOnshine, we
heard man say the other day. THE
stun they sell around here should be
called sunstroke. "-Missoula Sen
tnel
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10
NOTICE TO DELINQUENT STOCK
HOLDERS.

Office OF the Washington Mining Com
pany Burke, Idaho. June ,, 1920.
Notice is hereby given that there is
delinquent upon the following de-
scribed stock on account of an assess
ment of one and one half Q1a) mills
per share, levied on the goth day OF
April, 1920, the several amounts set
opposite the names of the respective
shareholders as follows, to-wit:
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10
WOMEN AND II. c. L.
(Harvey's Weeklv)

What men can do to reduce the cost
OF living:
Wear old clothes. (Search attest.
Cut out underwear
Clean their plates.
Smoke pipes
Wear caps.
What women might do we can not
say; they wouldn't do it, anyway.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10

AN ESTIMATE OF THE PROBABLE
AMOUNT OF MONEY NECES-
SARY FOR ALL PURPOSES TO
BE RAISED IN THE CITY OF
WALLACE, IDAHO, DURING THE
FISCAL YEAR COMMENCING
THE FIRST TUESDAY IN MAY,
1920.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10

Many man sits around and growls
about having to support a wife who
works is hours a day trying to sup
port him.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10
Mining and Development
Companies of the Occur dAlenes

Assessments Levied Delinquent Ls-Doinss
Companies Of Special Interest All stookheIders.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10
Buy American Silver.

81 want it distinctly understood,
however, that the act only protects
silver produced and reduced in this
country. We melted up 251 million
silver dollars under the Pittman act
Under the act that Isl million silver
dollars must be returned to the treas
ury of the United States in the form
of coined silver dollars and the bull
lion for that purpose must be pur-
chased from our American mines. In
addition to that it must be purchased
from our American mines whenever
the silver is rendered at 81 an ounce,
which is the price at which the silver
so melted up was sold by our govern
ment.
There is nothing to prevent Mexi-
can or Canadian or German or French
silver from being sold to the indus
tries in this country at any price less
than a dollar an ounce. Anyone may
sell it for so cents an ounce. There is
no attempt to protect that price of
silver, so far as foreign countries are
concerned but at the same time, when
foreign silver is being sold in our
markets to our industries at less
than a dollar an ounce, our govern
ment has obligated itself, and is
pledged to, carry out the obligation.
to purchase American silver at 81 an
ounce.
$50 there is only one thing for the
producers of American silver to do.
if they desire to sell silver when the
market price is under a dollar, and
that is to tender their silver bullion
at the mint in New York, Philadel-
phia, Denver or San Francisco, to-
gether with the proper certificate of
its origin as American silver, and re-
ceive 81 an ounce"
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10

RECEIPTS OF THE CITY OF WAL
LACE, IDAHO, FOR THE FISCAL
YEAR ENDING THE FIRST MON
DAY IN MAY, 1920.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10

Practical experience is a death blow
to illusions.
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10
SENATOR PITTMAN ON
THE PRICE OF SILVER
EUROPE MELTS SILVER COINS
ORIENTAL COUNTRIES
ARE SUPPLIED.

The causes for a decline in tn,
price of silver were explained in tn,
senate the other day by Senator Pitt.
man of Nevada, who was the author
of a bill passed by congress in 1915
which authorized the government
through its various minis to purchase
American silver at 81 an ounce any
time it is offered. Senator Pittman
desired to call attention to the fact
that while the price of silver in the
United States market had dropped to
less than 81 an ounce the flat price of
81 can be obtained at the San Fran
cisco, Denver. Philadelphia or New
York mints at any time. Giving the
reasons for the decline in the price of
silver Senator Pittman said:
Il have made inquiry at the treas
ury department and am informed
that they are now about to promul-
gate a form of certificate to be used
by producers of American silver to
accompany any bullion that is pre-
sented under this act, and that when
such silver bullion is presented at
the minis named they will pay cash
81 an ounce for such silver.
French and German Silver.
There has been inquiry also made
from numerous sources as to the rea-
son for the fall in the price of silver
below a dollar an ounce. l am in
formed by the best authorities l can
obtain, and also by the experts of the
treasury department, that it is caus-
ed by peculiar conditions. Germany
is melting up its silver coin for the
is doing the same. Germany was ex-
pected to purchase silver as a re-
serve behind its paper money It has |
nothing with which to purchase silver |
or anything else The only value that |
it has to purchase with today that has
a par value is its silver coin. France
is largely in the same position. For
that reason there is an unusual guam
tity of silver suddenly thrown upon
the market. It is only temporary, as
am informed by the authorities, be-
cause it will soon be absorbed in the
worlds markets, where there is
tremendous demand for silver; but
that condition does exist.
There is another condition affect
ng it. The east-China and Japan
we're starved for the want of silver
Turing the entire war. Immediately
lfter the cessation of the war or the
signing of the armistice the embargo ,
lpOn silver was lifted these coun-
ries went into the markets and COM
'eted with each other for the pur-
hase of silver, and they not only
atisfied their demands but drove the :
rice of silver quite high. That de-
nand will again come and come
uiclIly with the reestablishment of f
commerce. but such is the situation n
The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-06-10

Printing and Stationery.
Stationery and supplies ...-.S 10000
Publications -............ ....-.--.... 1906
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-31
Excellent Values in
Mems Shirts at $3.50

livery detail in these Shirts will bear close nspec-
T. ton They of novelty-weave madras CLOTH pat
termed in cluster and pin stripes of blue lavender green
and black coat-style, with French cuffs. Priced at
$3.50.
(ood-ooking ALSO the Fiber Silk Shirts with soft
collars to match in blue TAM pink and white Russian
cord weave with high luster. Priced at $3.50.
THE DOWNSTAIRS STORE
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-31
Handy Slip-on
Wells, 18c Each

CEV + RAJ chenille-dotted
~ and thread-run designs in
these Black Slip-on Wells
coquettish beauty-spot effects
and scroll designs-dcfying
Spring breezes with their flat
tering weavery.
Priced at 1Sc each; 2 for
800.
THE DOWNSTAIRS STORE
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-31
Serviceable, Good-looking Window Curtains
Low Priced at $3.50 Pair

THERE'S crisp dantness about these Curtains that bel
ate price.
Some of plain marquisette with deep hemsched her
Ecru Scrm Curtains with lace Insertion Scrm Curtains
stitched hem and heavy lace edgng in Filet weave Hen
Curtains in fine, close
Excellent choice is afforded at this modest price$25
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-31
Handsome Silk-stipe Voiles
$1.25 Yard

THESE lovely cottons apl destined to appear in the
II form of soft fry frcks for afternoon and evening
wear, and if they add ~ sashes they will be all the
more charming.
The silk stripes u in plain and brocaded effects on
sheer fine voe ofue rose, tan, white navy and fawn
and sometimes u Backgrounds cross-strped with
silk.
Thrty-six Aches WIDE and excellent values at 81 .25
ryard. THE DOWNSTAIRS sroap
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-31
Dainty Neckpieces
at SOC

THE freshening and re-
i juvenating effect of a
new neckpiece on a dark frock
or blouse may be had at lit
tie cost from this display.
Included are sheer
Organize Collars with
Valenciennes or Venise
edges, Corded Silk Roll
Collars, Pique and Geor-
gette Collars-5Ot.
THE DOWNSTAIRS STORE
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-31
"A NelD Flexibly-b
Niris Corset at SITS

THIS new arrival is skill
- fully cut to afford the
utmost comfort, yet sacri-
fices not a bit of style for
this purpose. It is further
eased to the figure by elastic
inserts at top.
Made Of pink broche,
trimmed with mercerized
braid, and fitted with four
hose supporters. Sizes % to
rs.
Price $2.75.
THE DOWNSTAIRS STORE
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-31
Graceful Drape
Wells, $1.OO :

THE tailored utility hat
l. takes on an Easter
elegance with one Of these
soft-draping Wells, in Brown,
Black, Navy and Taupe,
with silk embroidered bor-
ders, or chenille dots.
Excellent values at S1.OO
each.
THE DOWNSTAIRS STORE
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-31
New Gloves for Easter

"a ii m c-honored
custom that has
been anticipated Il
with erous =
stocks in the Down L.
stairs Store. Prices ~
are notably attract
i've.
Two-clasp Silk Gloves, in
black and white, with
double-tipped fingers,
$50 pair.
Tricot Silk Gloves, in
gray, navy, brown,
pongee, black and white,
with d u b ! clipped
fingers, $1.25 pair.
M e d l u m weight Silk
Gloves, in black and
navy, with white
embroidery. gray, pom
gee and brown with
black G m b robbery,
$3.50 pair.
Street Kid Gloves in Bro
$3.50 pair.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-31
Burnham's
Skin Rejuvenator

"A massage cream that re-
fines and beauties the
complexion-$1.2O.
THE DOWNSTAIRS STORE
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-31
Oxfords of White Nu-buck
$3.50

In White Canvas, $500 pair.
WHITE CANVAS OXFORDS with white fiber soles
and low heels sizes 2Is to g. widths B. C and D. Price
$3.50 pair.
WHITE CANVAS OXFORDS with welt soes and white
enameled Cuban heels sizes 2ls to s. widths b. and
D. Price 44.85 pair. THE DOWNSTAIRS STORE
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-31

JUST the right size for four or six daffc
y these Thin-blown Glass Vases, prettil,
floral spray designs-35f each.
Other Flower Vases, 25f, 35t and IS
Glass Flower Baskets in two sizes. 6
75f. THE DOW
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-31
Exceptional Values IN
White-lined Enamelware

CUPPLIES of this always-satisfactory kitchenwarc
- may be replenished to advantage from these offer
ings:
TWO-QUART RICE DISHPANS in 10-quart
BOILER with cover size, S1.4O; H-quart
that fits either utensil, SIZE, pI'ov.
- Ok PUDDING DISH, 1-quart
35c 2-quart, 45c; g.
COVERED THREE quart SOC.
QUART SAUCEPAN, PRESERVING KETTLE
41.OO. 8-quart, $1.2O; IL
,xoprN cAIrcEpAN in quart $1.05.
Tipped style: 2-quart, TEAPOT, 3-plnt $l.1o.
6Ot; 3-quart, $50; COFFEE POT, 3-pint
l-quart Use. $1.O5 2-quart, $1.15.
THE DOWNSTAIRS STORE
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-31

Milanese Silk Gloves with
two-tone embroidery m
gray, pongee, brown,
navy, black and WIZ,
$1.75 pair.
Sixteen-button l. eng til
Silk Gloves, in black,
white, navy and pongee,
with self stitching,
$3.50 pair.
White Lambskin Gloves
with four rows of
embroidery on back,
two-clasp style, sizes
Ga to 7la, $2.45 pair.
n, Gray, Beaver and Tan,
THE DOWNSTAIRS STORE
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-31
Girls White Shoes
To Accompany the Easter Frock

n ONE of the most popular
E<Y ~ styles in Children's
| and Misses Low Shoes is
0> the one-strap Slipper pic
~ tured
- In White Canvas, with
white cnameled sole, it is priced as follows:
Sizes s1s to II, $1.75 pair; liz to 2, $1.95
pair; 2H to 6, 1925 pair.
Misses and Childrens White Canvas Mary Jane Slip
pers with turned soes, sizes 81 to H. $2.5 so pair ;
111a to 2, 1928 pair.
White Buckskin Lace Oxfords for misses and children
with welt soes, sizes 49, to II, $751; 90 pair; 111s to
2, $5.75 pair.
Boys Oxfords Of dark-brown willow calf with welt
soes, sizes IL to 1914, $3.50 pair; to 2, $3.50
pair; 21s to 6. $6.85 pair. THE DOWNSTAIRS STORE
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-31
The Styles
The Colors

Pink, Dark blue, Light blue,
Black and White checks, and
stripes in various colorings.
The values are so unusual that
foresighted shoppers will purchase
for the summers needs as we'll
$1.95. THE DOWNSTAIRS STORE
Evening star., 1920-03-08
PERsH|NG AT OPENING
OF ROOSEVELT CHURCH
General Given Demonstration.
Principal Address Delivered by
Representative Rainey.

An impromptu demonstration was ac-
corded Gen. Pershing yesterday morn
ing at the initial services of the Roose-
velt Church, held at Wardman Park
Hotel. and at the conclusion of the eX-
ercises the man who led the American
expeditionary forces in Europe held a
reception, with Rev. Mr.. and Mrs. f..
l.. Hunt.
The principal address was delivered
by Representative Henry T. Rainey Of
Illinois. who paid high tribute to Gen.
Pershing, and emphasized the need of
unrest.
Representative Rainey made it clear
that the unrest of the world was due
to the fact that the soviet government
of Russia had declared against all re-
ligions as their dictum; that the sad
ness of God and religions. Hence. the
commune. That America needs to
learn this lesson today. while her peo-
pie are finding their way through the
unrest which is apparent among them.
American Memorial Church meets
this need" he said. The plan and pur-
pose of this church was set forth in a
single sentence at the close of Mr..
Rainey's address. when he pictured a
beautiful dream of Washington, the
only place in the world which was set
aside for a nations capital.
''On this site where the city ends
and the mountains begin see church
of the whitest marble overlooking all
the other splendid structures of the
city, whereas the silver ring over
the valley-the greatest preachers of
the world of all denominations send
forth to all parts of the nation the
gospel message of the faith of our
fathers as a living memorial to those
who made the supreme sacrifice and
to all whose service saved the nation
and the world"
Mrs. c. Fletcher Quillian of Los
Angeles sang two solors. Rev. Albert
H. Zimmerman of Washington made
the opening prayer.
Rev. E. L. Hunt explained the or
ganization of the church, which, he
said. is to be called the Roosevelt
Church. with the consent of the Roose-
welt family. 1t is the intention of the
organizers to erect the first church in
Washington. Leslie NJ. Shaw, Secre-
tary of the Treasury in President
Roosevelt's cabinet. was present.
Evening star., 1920-03-08
READY FOR GIRLS TRAININGS
Spring Program Begins Tonight at
Community Service.

At Community Service headquar-
ters. s1s 10th street northwest, the
spring training program for girls
will be started tonight, so that all
the leagues will be organized by the
time spring arrives. Miss Ruth Jane
Bauske. assisted by Miss Frances
Boomer and Miss Gertrude Cherry,
will be in charge of the work, and
1t is requested that registration may
be made at once and team line-ups
worked out.
The program starts tonight, with
advanced basket ball from S:15 to
$50. Miss Bauske says that Begin
ners will get a chance to show what
they can do.
Evening star., 1920-03-08
CASH, CLOTHING, LIQUOR
AMONG LOSSES REPORTED

While boarding street car at 11th
and Monroe streets yesterday. Mrs.
Helen Turner, 1863 Columbia road,
dropped her pocketbook containing
SIS, and a colored woman was seen
to pick it up. Police are looking for
the colored woman.
NJ D. Rees and Charles E. Tribby. jr.
occupants of apartments at 1440 w
street, told the police of thefts COM
mitted in their apartments Rees was
robbed of clothing and money to the
amount of SIS. while Tribby told of
the taking of toilet articles and sew
eral bottles of whisky.