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THE ARIZONA REPUBLICAN : TUESDAY MORNING, JUNE 4, 1892.
THE ARIZMA REPUBLIC!! MEMbEB OF THE ASSOCIATED PRESS. OFFICIAL CiTY PAPER. PUBLISHED BY THE ARIZONA REPUBLICAN COMPANY. BOARD OF DIBECTORS: lewis Wolfley, Clark Churchill, J. A. Black, T. J. Wolfly, Edward Butt, Jr. Zntered at the postofflce at Phoenix, Arizona, as mail matter of the second class. Publication Office: 18 North First Avenue, Fleming Block. Telephone No. 47. OUiC MOTTO : 16 TO l. STAND DP F08 ARIZONA. PHffiSIX, JUJfE 4, 1805. SHERMAN'S SPEECH. It is astonishing to read, eaya the Idaho Statesman, that Senator Sherman stated in his speech before the Ohio convention that the low price ol silver resulted from "enormous production." No one knows better than he that that ia not true. Perhaps, however, it should not astonish us to find him re peating that assertion of the goldites, for whenever its falsity is acknowledged the contention ol the monometallist must fall to the earth. They maintain that the silver men desire to secure "cheap money, that is money worth more as coin than as bullion. If they were to admit that the market ptice of silver has fallen below i'tB coinage value because of its beine driven out of its position as a money metal having the same privileges as gold, they could no longer use that thread-bare assertion against the advocates of free coinage, and at the same time they would be obliged to acknowledge that restoration of silver to the right of free and un limited coinage would at once raise the market price to the coining figure. But to refer again to Sherman's speech. We would like to ask him if the enormous production-of gold from the mines of California and Australia caused any appreciable difference be tween the bullion and coin values of that metal? Relatively the increase in the production of gold after the dis covery of the mines in California and Australia was far greater than anything that has occurred in connection with the production of silver. If there were any foundation for Sherman's assertion it would follow that there should have been a fall in the bullion price of gold during the palmy days of the great gold mining regions, but nothing of the kind occurred. England's coinage figure was established in 1816 and the enormous production 40 years later had no effect upon it. However, a question relating to some thing more recent might make the point clearer. We would like to ask Mr. Sherman if the great fall in the price of eilver bullion in 1893 did not result from the closing of the mints of India to free coinage. He must an swer "Yes," for the fact has been re peatedly stated by all of his school of financiers. If he were correct in his as sertion it would follow that there should have been no fall in the price of silver upon the closing of the mints of India. If the decline in silver has been be cause of "enormous production," and not because of the closing of the mints to its free coinage, the closing of the Indian mints should have had no effect whatever upon the market. But the fact is that the closing of those mints caused the quotations of silver to drop about 33 ter cent. Nor can it be claim ed that any other cause contributed to that dec'ine, for it came at once. Sil ver went down instantly and remained down. There was no news of "enorm ous production," either before or after tht decline; it was simply the closing of the Iidian mints that reduced the price and fixed it on a lower plane. Ia ttie light of ouch a record, and such a riv-Li record, too, it is utterly absurd fr SI-. Sherman oranyoneelse to stand Up bt-f .ue ati aud'.tucd aud declare that th j of sf.ver has gone down be cause of large production. It must be kept in mind that Mr. Sherman intends to convey the impression that suspen sion of free and unlimited coinage has not been responsible for any portion of the decline and that restoration of such coinage could not affect the market price of bullion. HARD ON LABOR. . The report of Grand Master Wilkin son, of the Brotherhood of Railway Trainmen, that the order had lost 5, 000 members becauseof the foolish Debs sympathy strike, should teach the labor leaders that the men are not in favor of following their advice on all occasions, and that they will not stay in organizations if they are to be con stantly ordered out on sympathy strikes, or any other kind of strikes. The men are beginning to see that there is very little protection for them in be longing to such orders. They see that they lose more than they make by be ing members. The strike, like the war, has had its day. Civilization demands that diffi culties be settled by arbitration. The strike agitator is fast becoming a gro tesque fieure of the past. The day will soon arrive when laboring men will look upon him as an imposter, and he will be recollected as a man who once caused them lots of trouble but from whom they have severed all connection. Workingmen are becoming very tired of losing half their earnings every year to satisfy the whims of useless leaders ; of men who would be dictators to men and employers alike, but who are fast degenerating into commonplace trouble makers. Whenever labor cuts loose en tirely from the worthless leaders, labor will be more prosperous and will have gained a fight for its rights which the leaders are interested in preventing it from winning. The appointment of a successor to Governor Hughes is expected within ten days. The people of the territory regardless of party are of the opinion that the best interests of Arizona will be served by the removal of Governor Hughes. June is herk and no warm weather yet. Who says that the climate of Arizona is not superb all the year round? COPPER GLANCE MINE. A Carload of Ore Shipped Monthly. A Force of Twenty Men Employed and the Mill Is Kept Grinding Day and NlKht. From the Tombstone Prospector. Mr. Samuel Donnelly of the Copper Glance mine in the Huachuca moun tains, came in today from that prosper one and happy community. A ship ment of ore from the mines is made monthly, and a carload of about 20 tons of concentrates was last week pur chased by Mr. Wores, of the Tucson sampling works. The ore is of high grade, averaging nearly 40 per cent cop per and from 150 to 200 ounces in Bil ver, with a good prinkling of gold. A force of 20 men are employed, and the mill is kept grinding out concentrates day and night. New machinery has been purchased which will be put in place shortly, and negotiations are now being made to erect a machine shop at the camp, that they may be prepared to do their own work in that line. Sev eral hundred feet of pipe line has been purchased of the city by Mr. Donnelly for use at the mine. We may expect at some future time an interesting article descriptive of this camp of contented and happy, people, who live a purely Christian life according to the doctrines and precepts taught by Christ. REPUBLICAN DELEGATES. Men Selected to Attend the National League Convention. From the Nogales Oasii. Hon. George Christ, member of the National Executive Committee of Re publican League Clubs, has appointed the following Republicans as delegates to the National convention that meets at Cleveland, Ohio, on the 19th of this month : A. T. Bird, Eb. Williams, William Roy, Nogales; N, O. Murphy, J. H. Kibbey, A. J. Sampson, N. A. Mor ford, Phoenix; J. A. Zabriikie, T. F. Wilson, Herbert Brown, C. W. Wright. Tucbon; J. W. Dorrington, fuma; J. C. Martin, C. H. Akers, Prescott; C. M. Funston, Flagstaff; Q. W. Blakely, Kingman; Burt Dunlap, Dunlap; J. H. Hammill, Globe; Louis Williams, Bis bee; Will C. Barnes, Holbrook; A. J. Doran, Thos. Davis, Florence. The World's Fair Tests showed no baking powder so pure or so great ia leav enins power es the Royal. COST COST Not a Special Sale. Not a Reduction Sale. Not a Bankrupt Sale. Not an Overstocked Sale, BUT A Genuine forced closing out Sale to wind up the business and Let the proprietor out of the country. Everything at cost. Kid Gloves worth 1.75 and 2, Selling for ?1 " " " 1.50 " "85c. Laces and Embroidery Selling at Half-Price. i COST GEORGE T. JOHNSTON COST 1 Spanish Language. The increasing demand for the serv ices of those who speak both English and Spanish in the United States, Mexi co and South America, should prompt the study of. Spanish under a competent instructor. Call for particulars at Irvine's Book Store or address Senor Jose Manro De Llain, Late of the City of Mexico. S IRVINE-CO. s Corn Are unnecessary evils if youare careful lu buying your shoes. We take great pains in fitting shoes, especially with children. Have we a share of your trade? Own Your House. $10,000 On Hand to Loan. I Pknix Building and I Loan Association. X R.H.GREENE, Secy g5"37 E. WASHINGTON. CIRCULATING LIBRARY AND BEADING ROOM. In thn i mock over iwnu' store is in charge of Miss Bedinger and offers an opportunity to all to read the standard and latest publications at a slight ex pense. Terms 50 cents a Mod th. - The Tribolef-Budge EM Co The Only VM Sir RtnradP Tn flmnna AU ill 1UV iiVll Pork, Lard and Hams,. A Specialty. Wholesale and Retail Dealers in all kinds of Fresh, Salted and Corned Meats, Poultry, Game and Fresh Fish. Wafhington Street, Opposite City Hall. 211 I A I I now to steep uooi. Have a Gasoline Stove in Your Kitchen. An Iceland Refrigerator on the Porch. X A White Mountain Ice Cream Freezer. X A Granite Garden Hose. If these do not keep you comfortable, call for farther particulars on THE HENRY E, KEMP CO., utftLLHa IN H AKUWARE. A.MM U.MTION.