Tombstone epitaph. (Tombstone, Ariz.) 1887-current, 1921-11-06
GOLD, THE BACKBONE OF THE NATION


that the finding of gold does If there is would like
to know it, The bringing in of we'll of liquid gold has
its thrills but not such that experienced by the
who searches the waste places OF the earth for the yellow
stuff and suddenly finds it III rich vein great de
post of gravel Just think of the thrill that was given
the world when gold discovered in pay quantities in
California and the great rush to that territory that made
the Golden State the Mecca of the world. Later it
Alder Guch i'll Montana, the Black Hills and then Klon-
dixie And now there is another gold rush into the cold
north, where willing brave the dangers of
Arctic winter to be ready in the spring devc the
frozen earth for the yellow stuff TIE new find is at
Elbow Lake i'll Manitoba far removed from the habita
tions of men.
In the five years following the discovery Of gold Cal
ifoa had produced $25S0O0000 and continued the pro
ducton with unflagging regularity for fully 10 years al
though the last 80 years has wide falling off from
those pay days of production One district III the Klo
dixie Bonanza Greek from 1897 to 1902 yielded $4,000
COO But it is quartz mining that gold production owes
lis greatest tribute. The CoStock mines saved the Ma
ton by their yield of gold and silver at time
when the federal government i'll dire need of gold
and silver to meet demands. Cripple Creek was
great life when brought ill., and Gold
field Every gold strike III the history OF the United
States and Canada well of the other nations using
and exploiting gold and silver mines enormously
benefited by every new strike. although this feature
may not be apparent to men who have with the
game of mine development and especially as these devc
opclts affect conditions in the great west Every new
rush into the gold producing sections Of the has
brought into the channels of money clean
that has added to the wealth the such
extent that it has stabilized conditions and brought
stability Of chaos While today orr treasury is burst
with golden dollars there appears be belief that
of this wealth is brief and that before
months ii Will be its way back Europe. from which
il But the wealth that is produced in country
is have and to hold Prior the gold
plentiful other money but with all golden
lay cannot pI gold dollar out of the treasury with
crowbar but why this is has had explanation from
the keeper Of the treasury
Even though we kept every dollar that the United
States possesses the need of more
apparent We have III circulation billions of paper that
need bosterng up and is only gold that gives it
stability. And greater production the fellows
who going down into the bowels al the earth for the
yellow metal must have the right that is given every
other producer of selling his product the best advan
tage. and not he hanpcrcd by governmental demands
that tie him down set price. During the the
gold producer compelled to cXtravagant wages.
did other metals miners and then exactly the
price his product that he obtained under
conditions. Had the American gold miner been al
lowed to sell his product in the open market it is quite
probable that he would have been able pcdde it for
less $40 But gold
duced III the United States must perforce the mint
and there the commercially using the metal must
purchase it from the government Why this hanperng
of the gold producers has been explained But that
is the condition and the gold miners have stood for
der trying conditions. And these some
thing than the good will Of the government. They
want of the profits that obtained by the men
who have been coming money during the past six
years through their ability get gold into their
features cheaply and then selling it in the
ufactured the public. This profit should be the
miners least part of should be allowed them
der the circumstance and could be accomplished under
the benign influence Of the McFadden bill-Mohave
Miner