Arizona republican. [volume], November 24, 1920, Page PAGE FOUR, Image 4

About Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930

Image provided by: Arizona State Library, Archives and Public Records; Phoenix, AZ

                
PAGE FOUR
rrt KIZONA REPUBLICAN, WEDNESDAY MORNING, NOVEMBER 24, 1920
THE ARIZONA REPUBLICAN
rrsfflent and Publisher
enernl Manager ,
PHOENIX. ARTZ6NA
TiiMtbd Kvrv Mnrnlnir bv tt
t- . ARIZONA riTBUSHlNO COMPANY
r-oiered at th Poetoiflce at Phoenix. Ariiona. as Ma
Matter of the Second Class
pwlgnt B. ?"
naifr Char'.M A. SStaunar
Ruilness Manager W. TV. Knorp
J-i'tor j. W. Spear
"w Editor E. A, Young
SUBSCRIFTION RATES IN ADVANCE
Daily ,-ind Sunday
OUTSIDE STATE OF ARIZONA One year $13.00;
mo, $6.75; 3 moi, $3.60; 1 mo, $1.25.
IN ARIZONA BY MAIL OR CARRIER On . yea
$8.00; 6 mos.. $4.00; 3 mos.. $2.00; 1 mo. 75c. .
'SUNDAY EDITION by mail only $5.00 per year.
"Ol, yiOO-l Private Branch Exchang
- VnOne 400l Connecting. All Departments
General Advertising Repre xentatlveii: Robert E. Ward,
""-"Vlrk Bldif., New York. Millers Bldg., Chlcaao.
. W. R. Bnrrannpr. Examiner Mdg. San Franctsce,
J ; , Post Intelligencer Bid., Seattle. Title Imuran
, , olilg.. Los Angeles.
" ; MEMBERS OF THE ASSOCIATED PREPS
' ' Receiving Full Night Report, by leased Wire
,TIia Associated Press In exclusively entitled to the uaa i
, , republication of all news dispatches credited to '
i or not otherwise credited in this paper and also
J loeal ne.vS published herein. ,
All rights of republication of apeclal dispatches neraui
1 . ara also reserved.
' J Mi . .1-
; WEDNESDAY MORNING, NOVEMBER 24, 1920
; Every great and commanding
movement in the annalp of the world
is the triumph of enthusiasm.
Emerson.
' National Vamping
J "With the recovery of consciousness and a recog
nition that they were not hit with a casting, a brick
or Borne other blunt instrument or missle, the Demo
crats are speculating concerning thte causes 08 the
cataclysm and some of them are entertaining the
itheory that the party was made the victim of
vamping.
They recall that during the campaign they were
led to believe that they would be given much the
larger part of the new woman vote. They had cspe-
cially appealed to the women through their pledge
of a world alliance that would make war impossible.
.' Women are supposed to be constitutionally op
posed to war that is. war outside the domestic cir
cle. The Republicans, they point out, offered no
1 uch pledge; instead, they rather indicated that they
.would not favor a world alliance.
" Again, at the Democratic meetings there was
. usually a larger attendance of women than, at Re
; publican meetings,, and much more feminine en-
Thusiaism was displayed than at Republican gath-
c rings. , ' '
' With, as they supposed, the -woman vote "up
' their sleeve," the Democrats approached November
7s 2 with the confidence of one holding a lallapaloosa
V in a spirited game of poker. ' The Democrats were,
therefore, not disurbed by the betting odds against
; thtem. The men who make election charts for the
5- pool rooms are not usually students of women, so
) that tho Democrats believed that the odds might be
' disregarded as not significant of the results.
Now, they can account for that more than
A ,000,000 Republican majority only on the theory that
that there was a secret conspiracy participated in by
r practically all the women in the country to mislead
V them during the campaign and thow them down at
. the last moment.
4 But there are other theories regarding the causes
"1 of the disaster and one of them is the supposed lack
t of national intelligence and a general unfitness on
the part of the electorate to have a voice In the
affair of government. In support of that theory it is
mentioned by a Democratic politician df the state of
"'Washington that an old man named Erickson who
: "spent most of his time in Joe King's saloon playing
mm my," expressed a desire to run for "one of these
t big political jobs." Another player suggested that
he file his petition for senator, meaning state sena-
tor. They looked up the law regarding the necessary
fee to be sent to the secretary of state at Olympia.
i They made a mistake anl sent the fee that would
be required of a candidate for United States senator.
j- Accordingly Ericksorrs name went on the ballot as
a candidate for tho nomination for United States
"". Senator.
The Democrat who related this incident said:
i'-Ouring tho campaign Erickson did not open his
rjjouth; there were not five men in Washington out-
."3Je the small circle of his acquaintance Who knew
tvho he ,was or had ever heard of him; he didn't-
n (1 out a card or make a speech; his name did not
t appear In any newspaper. Ho did nothing except
r rHuy rummy in Joe King's saloon, and yet, on tho
'flight of election day it was found that he had re
l reived more than 18,000 votes from all over the state."
. "And," concluded the relator, "if that's the way
the American people vote, it's no wonder Harding
was elected."
measuring pump system is being introduced in locali
ties where the trade justifies."
The article has a footnote which will be inter
esting as well as surprising to Americans who have
been bombarded with warnings from the producers
against the excessive use of gasoline, and have been
told that consumption is outstripping the supply.
These warnings have, perhaps lost a part of their
force since it was observed that after each of these
recurrent warnings there was an increase of th
price of gasoline. We were brought to suspect that
the warning was only intended to p"ut us into a
frame of mind for tho next extortion.
In the footnote it was explained that since the
article was written the price of petrol had been re
duced 3d and this was said to be why: "This deci
sion has been reached by all the, petroleum companies
operating in the United Kingdom, the reason, as given
by the companies, being the increased output in the
United States where more spirit is being produced
than can be absorbed."
1 I Gasoline .
f Those of us who recall a few short years ago, so
'; rear, say, as 1016, we could buy for seventeen cents
. a gallon a much lighter gravity gasoline than'we are
wow compelled to pay thirty-seven cents for, the
present price- In Phoenix, are filled with some
I fneasure of grief. Eut it is somewhat allayed when
, te learn from a London trade journal that "petrol"
; mr "motor spirit" as the English call it, costs over
there 4s 2d; that Is. at the present rate of ex-
change, a little more than eighty cents a gallon In
feal money.
: The United Kingdom formerly drew its supplies
vt petroleum, mostly from Russia, the Balkans or some
f f its many dominions. Rut now it Is in the same
t boat with the rest of us, dependent for sixty per cent
. f its supply upon our gasoline godfather, Mr. Rock-
, feller.
J J There are two grades of motor spirit on sale in
: hbn United Kingdom, known as No. 1 and No. 2, No. 2
r V said to be of a slightly lighter gravity and, there-
fore, of a higher grade than that sold In the United
. States for all motor car purposes, pleasure cars,
'1 (rucks and taxicabs. In England No. 1 is used
only for pleasure cars with fast running engines.
? ,- The trade journal errs, however, in on state-
ment and that is that only one grade of gasoline is
t pold in the United States. That is perhaps true as
Jo the greatej- part of the United States but from
', Uhicago eastward there rs also on sale a gasoline
of a lighter gravity, possibly a part of the supply
" made for export to the United Kinkdom. We know
r if no place west of Chicago where it can be bought.
Many owners of private cars in Kansas City and St.
" Joseph receive regular supplies of this superior gaso-
lino from Chicago dealers.
I Export gasoline for the United Kingdom is pui
up in two-gallon cans (the English gallon we should
have mentioned In connection with the price over
. there is seventeen per cent larger than the standard
American gallon,) for their greater convenience for
motorists in a country where there are none or very
few wayside places where gasoline is sold, but the
journal mentions hopefully that the "American self-I
Story of A Boy Bandit
Undesirable Gold
It is not only soviet agitators that are unwel
come in this country; it is also their tainted money.
A national bank in New York recently refused nearly
a million dollars worth of gold aboard a Swedish
liner. The gold bore the insignia of the Russian im
perial regime and was supposed to have been, seized
by the soviet. As long as Its origin was suspected
it could not be landed. It was therefore in danger
of deportation, as the followers of Lenlne were de
ported last spring.
There must have been a temptation to overlook
the suspected taint, for gold Is very much in demand
in this country, with bank credit spread out as thinly
as it is, and with commercial banks exerting every
effbrt to supply their customers with accommoda
tions. But if this was stolen soviet gold, it was
not wanted. '
Foreign coins coming to this country are usually
placed with the mint to be converted into American
gold coins or American fine mint bars. But In this,
case the departments of state and of the treasury
advised against the handling of the gold in the
usual manner. This decision was only tentative,
pending a further attempt to trace the Russian gold
to its origin. , That was a week ago and since
then we have not learned what finding, if any, has
been reached.
The most important reason for the action of the
department probably was the fact that the Ffench
government which had financed the Russian imperial
creditor for a tremendous amount, has laid claim to
all gold of the czarist government. It has every
right to be regarded as first claimant on any wealth
that may become available from that source.
The fact that the soviet has not been recognized
by the United States 'and that the gold was probably
not taken with a warrant of law also stands in the
way of its disposition through ordinary channels.
There is probably nothing to prevent the owners
of this gold for whom it was consigned to the bank
as its agent, from selling it to commercial interests
for the purposes of jewelry or plate manufacture.
But they would run the risk of dealing in what
might be declared to be contraband and accordingly
they were unwilling to take any steps for securing its
release until the status of the money might be de
termined. The situation was one which had pever
before been presented.
, Christiansen, the candidate of the Farmer-Labor
party for president, recently publicly announced that
his party intends to begin the purchase of hides.
Considering the skinning it got at the late election
it is in need of some sort of covering.
A new stage version of "Carmen" it Is said will
have a happy ending. Why not revise "Hamlet"
so that Ophelia may be saved from a watery death
and clinch with the happy hero for a fade out.
The propped revision of the income tax should
be a movement in a direction awayjrom the small
incomes. ' .
It waa only Roberto V. Pasqueira who was going
to keep Senator Fall out of Mexico. He cannot
watch the whole border at once, so that the New
Mexican senator has a chance of seefng the Obregon
inauguration.
It is a difficult matter in Phoenix these 4ays to
keep from speaking to the visitor about the weather,
to secure his viewpoint.
Over-confidence we learn was responsible for
the defeat of Gtnerai Wrangel. It's funny that
that over-confidence, or for that matter, any con
fidence was shared anywhere else in the world.
The Armenian mandate is no more popular in
the League of Nations assembly at Geneva than it
was with the American senate.
The old problem of Turkey is again puzzling
the representatives of the nations and we suppose
it will be disposed of as it has always been, left to
its own solution.
We're still alive and to most of us, that is some
thing we are thankful for, whether we have good
reason to be or not.
WHOLESALE ADVICE
"Old men for counsel. Young men for war."
When an older man speaks in public to his
juniors it is usual to expect advice. He must tell
them how to order their lives. And so he descants
on this virtue and on that which seem to him import
ant and appropriate.
This is often interesting and sometimes useful.
But there is always the danger that some or all of
what he says will be taken to heart by the wrong
members of his audience.
Let him speak of splendid feats of courage, and
the foolhardy amongst his hearers will determine, to -outdo
them, while the timid feel all the more sure
that they are "queer" and out of the running.
Let him sing the praises of patient industry, and
it stirs some docile druge to greater efforts, while
the Independent idler draws the speaker's portrait
with appropriate adornments on some convenient
scrap of paper.
Let him tell of the debt owed to parents and
teachers, and once more the wrong member of the
audience responds and overdoes his devotion, while
the selfish fellow it was meant for simply does not
listen or announces that he should worry.
Thus there is always danger of preaching to the
converted who would be better off without it.
Perhaps the remedy is not to preach at all, but
to interest and explain. If people understand them
selves and the situations that confront them, they
can generally be trusted to work out their own ways
of acting.
Coughing and sneezing in the presence of King
George HI of England was strictly prohibited.
The most southerly point in the western hemi
sphere is Punto Arenas.
1IML TRIP.
FORTY YEARS AGO TODAY
From the Phoenix Herald, which was absorbed by The Arizona Re
publican in 1899, and for a time waa published as .
' an evening edition
Wednesday, November 24, 1880
Rebekah lodge meets tonight.
The ball tomorrow night promises to
be a way-up affair.
S. D. Lount and wife have returned
from their southern Arizona trip.
The Herald pays $123 taxes. Pretty
good for a three years' residence.
Tom Sherman and Hon. P. J. Bolan
returned yesterday from a prospecting
trip in the Mohawk mountains. "
Dan Stevens of Kerens and Griffith
arived from Florence yesterday. He
reports large quantities of freight ariv
ing at Casa Grande for Globe, Silver
King and Pinal. So much in fact as
to cause the erection by the railroad
company of a second depot. With a
railroad from Maricopa to Phoenix all
that quantity would be loaded in teams
at this point, livening things up im
mensely. .
Private Lydo, Company I, 6th cavalry
of Fort McDowell 'deserted yesterday.
Word:' was sent to this telegraph office
by courier and the soldier bringing the
message also concluded to desert and
Joining Lydo who was in town, they
started out together.
All members of the Phoenix baseball
club, the McDonald picked nine .and all
interested in the game to be played on
Thanksgiving day are requested to be
on hand at 1 p. m. A good game is
anticipated as there are some very
good players on each side. Seats pro
vided for the ladies.
Thanksgiving
Tomorrow is the day set apart
throughout the United States as a day
of Thanksgiving. Our territory has
many causes for returning thanks to a
kind providence. During the year we
have been reasonably prosperous. More
of our mineral wealth has been uneov
ered than in any similar period in the
past. In this valley our people have
been blessed with large crops and in
creased stock. Very little sickness has
been known, and in Phoenix the busi
ness men have been as successful as
could be expected.
I nTTT?CTTnTQ A "Km
ANSWERS
(Any reader can get the answer to
any question by writing The Repub
lican Information Bureau, Frederic J.
Haskin. Director, Washington, D. C.
This offer applies strictly to informa
tion. ' The bureau can not give advice
on lenal. medical and financial mat
ters. It does not attempt to settle
domestic trouble nor to undertake ex
haustive research on any subject.
Write your question plainly and
briefly. Give full name and address
and enclose two cents in stamps for
return nostaere. All replies are sent
direct to the inquirer.)
HIGH SCHOOL
NOTES
SSUES 108-PAGE
SPECIAL EDITION
The Douglas International has just
issued a special edition of 108 pages
comprised in eight sections, seven of
them being in magazine form. It is a
work of extensive preparation. The.
first section is devoted to the regular
news and other features of the Inter
national and to a general resume of
present conditions and past achieve
ments in Arizona. The second section
is a history of Douglas from 'tfc be
ginning. The second is a eontintiit-ion
of the first and an outline of the Oim-
moth industries of the Phelps-Dodge
company. The next is devoted to Co
chise county; the next to the great
Warren district; the seventh a resume
of mining in Arizona and the last, to a
description of conditions in Mexico
along the border.
The edition contains many new pic
ssiififis
1
Final instructions for those who are
going to the City of Mexico to attend
the inauguration of President-elect
Obregon on December 1 have been
issued by the chamber of com
merce. The Instructions are aa fol
The Phoenix car will leave at 6:25
o'clock on Thursday evening, and will
connect with the special train from
Nogales at Tucson.
Trunks must be delivered early on
Thursday to insure that they leave
Phoenix with the special car.
Those who have igned passpprt
cards will receive identity ird."C
4 Via tfofn VtA 't-AAm Ti crv Dnri TT".l ta T
Those who have reservations s in
cars other than the Phoenix car will
secure rail tickets only from Phoenix
to Tucson and will ride in the com
partment car without payment of
Pullman fares.
It is especially urged that no Amer
ican gold be taken into Mexico. The
use of travellers' cheques of New York
exchange is recommended.
In addition to the foregoing instruc
tions the Nogales chamber of com
merce has sent out a letter with the
following additions:
In Mexico City, American money
and American exchange are accepted
at a discount. Those makinpr the trip
should provide themselves with trav-
elers' cheques or New York exchange,
carrying with them very little Amer
ican money. Mexican gold pjiould be
u.ed in Mexico. Cheeks will not be
cashed by the train management.
An experienced American baggage
man will be carried on 'the train, and
mere win also bo a barber shop In one
of the baggage cars.
Mexican officials have issued or
ders that no inspection of baggage or
passports is to be made excent bv
the American officials.
" n
ADVISE THAT K
HI START iW
THE RETURN OF SILVER
Bv Frederic J. Haskin
SALT LAKE CITY, Utah Nov. 23.
The quest of silver, which played so
important a part in the development
of this country, is again attraciing
large numbers of fortune seekers to the
West. For the first time in many quie
years. Salt Lake City is thronged with
prospectors on their way back and
forth from the mountains, where min
ing camps that have slumbered longer
than Rip Van Winkle are stirring In
their sleep and threatening a renewal
of their former activity.
Silver is once more coming into its
own. The reason Is that the worm s
demand for it is much greater than the
present available supply, which condi
tion Is sufficient to keep the price 01
silver at a fair figure for years to
come.
One hears much excited conjecture
as to the tuture or the metal nere in
Salt Lake City, which is the greatest
smelting center in the world. As such,
it receives practically all of the silver
-Klmrlnn a-nA ta n aKi o -m-fll t u I Vltn the Hear Snnmo f tl tf fh
that from Utah, Nevada and, Montana "ristmas holidays, postoffice officials
mines. The largest silver mines are in "r,lll"s xor tne annual rush
Mexico: the largest silver mine in this wlln a request that Christmas pack-
country is in Montana, and the second ages De mailed early. Just about a
largest in Utah. Some of this product .m" rvenes before the holidays.
is shipped by way of San trancisco
and it is not too earlv to
out of the city with the request that
me parcels ao not h (itunoj ..m
. , , . . - - i'v nu U1JLU
Christmas Day.
S. J. Michelson. nnttmiciir
ished another hint eonowninn. u
visibility of mailinr Phri.tmo.
eels early when he said yesterday
that the sendinsr of nvv,...
Q. Are the stars in the flag desig
nated each for a particular state ?
H. F.
A. On October 26, 1912, President
Taft sent out an executive order con
cerning the specific location of stars
in the flasr and their definite repre
sentations. In accordance with this
order the stars of the flag were ar
ranged in six rows of eight stars each,
symbolizing the various states in the
order of their ratification of the con
stitution. - ,
Q. Would like to know the origin
of oil. M. J. S.
A. The general theory of the origin
of petroleum is that it comes from the
decomposition of the remains of the
myriads of minute forms of animal
life that existed aces asro. The oil
which is contained in these micro
scopic bodies forms petroleum.
n Ulk.i tha emblems of the
Socialist oartv and the Socialist-La-
nirlu? J. C. W.
A. The Socialist party employs for
an emblem a hand and arm holding a
lamintr torch: the Socialist-Labor
party a hand and arm holding a
mallet. .
Q. If a boy enlists in the army m
the states and is in the Philippines
...u- k:. 4m nf service ends, does
the government pay his way home?
D. V. H.
A. The war department says that
when a man is stationed abroad at the
time his enlistment expires his pass
ago to the town of his enlistment or
his bonda file residence is paid by
the government.
Q. Please tell me if the Bible any
place speaks of three wise men.
L. C. B.
A. There is no actual statement in
the Bible regarding the number of
wise men who visited Christ at His
birth or of their status. It is a ques
tion that has been much debated by
Biblical scholars. Tertullian and Jus
tin Martyr claimed that they came
from Arabia and assumed that they
were three in number from the three
gifts gold, frankincense and myrrh.
Eastern tradition, however, places the
number at twelve. The Persian
Avesta, which corresponds to the
Christian Bible, names them as three
sons of Zoroaster. They are also va
riouslv supposed to have come from
Chaldea.' Ethopia, India and Persia.
Q. Where can I find out if a stone
or rock that I have found contains any
mineral of value? Z. D.
A. The United States geological
survey is prohibited by law from mak
ing assays for the use of private par
ties or associations. If you will send
a sample of your stone or rock to the
survey at Washington, D. C, they
The plans for the big parade which
is to be held on vveanesaay evening
are coming along fine. Each company
has been asked to dress differently and
as follows: Companies A and F will
dress like boys: Companies B and G
like Indians; Companies C and H like
colored boys; Companies E and I like
country "jakes." The girls will dress
as follows: senior and junior college
students will dress like little girls; ju
niors like Indians; sophomores like
country girls and freshment like old
ladies.
There will be several floats in the
parade. All students who are to par
ticipate ftiould get a horn or a tin pRn
so that there will be as much noise as
possible.
to the Orient, but the greater part goes
to London.
The history of silver, of its rise and
fall, is curiously romantic. Once a
king amon? metal, fought for by po
tentates and pirates and capable of
drawing' an army of fortune hunters
across a wuunrau tucr iu """ friend an .i.T. iT .5. V
feli, after demonetization In 1873. until " "1 , ora noenix
j ;i , ni I now bring the donor in
to close down. Before the late war, I IIt "'",' - uma rr them to
the owner of a silver mine was not to "?TUJ lr ?V to
ne enviod. He was in the same " " "'" irgetiui.
tion as so many owners of gold claims
today, who cannot arrord. to operate price started rising. As an ally in the
,vcm Tirininer r-ncl t u-orA tnn Msrh nnd I war. the. T?nif-1 Cti.. .
"'".,""".ft,rri"'?;: ,v,,.r rrnnent was
me price or saver io low. i ...iicu iu inieriere and set an pt-
The greatest demand for silver has port price on silver at tiniii
always been in the Orient, .There are ounce, which was higher than Great
only two great countries in me wunu i "mum nau ever permitted It to tro
wijiuu ttio iivu wh . j a j, i - -.v uifeii as American min
these ar China, and India, They are owners liked. e"
the chief so-called silver nations. This I Then, as the demand for the metal
is because they are heavily In debt to became acute, and it
other nations, and must trade with to meet our own adverse trade balance
tnem on wnaiever iprnis nicir vmiuui s i mi muia. lonercsn lus
see fit. If China could succeed in de- known as the Pittman act mithnri.i-.
An assembly for military boys was
held during the first period Monday
Captain Jones spoke briefly on order
in the assemblies. Lieutenant Carpen
ter spoke next stating that a monument
should ,De erected for the boys who gave
their lives overseas. The boys prac
tJeed yelling under the leadership of
the new yell leader.
The football team had a stiff work
out Monday, afternoon after their week
end vacation. The team will go against
the Indians in the best condition that
they have been in this season. There
has been an exceptionally heavy at
tendance ticket sale indicating record
attendance on Thanksgiving.
o
Lingerie bands for holding cami
soles, skirts and nightgowns make an
unusual gift. These are made of rib
bon and lace. The ribbon is as long
as. desired, and. a strip of it. contains
a piece of rubber causing it to shir
This shirred section Is edged with lace
and trimmed with tiny ribbon roses
The shirred section holds a strip of
wadding filled with sachet. r
o
All unsurveyed mangrove islands in
the Caloosahatchee river, Florida, have
been designated as a new government
bird reservation. -
Atnre. than 5000 mules and burros
dailv pass' over the La Paz-Yungas
pass in Bolivia.
will give an opinion based on a test ot
the specimen. If an assay is aesireu,
the proper course is to employ a prl
vin nssaver or chemist.
Q. Can a rainbow be seen at night?
M. L. C.
A. If the moon is. shining brightly
while it is raining a rainbow may be
Keen at nisht.
Q. - How. much . does . plate, glass
weigh? A. B. R.
A. Plate glass weighs about three
and a half pounds to the square foot,
It will vary somewhat, since it varies
in thickness from three-tenths to one
half an inch. ' -
Q. Where did the weed known a
devil's paintbrush come from? O. P,
A. Orange hawkweed, also known
as devil's paintbrush, red daisy, flame
weed and grim-the-collier. was
brought from Europe to New England
for a garden flower on account of its
attractive flame-colored flowers. Its
weed-like propensities enabled it to
escape bounds and it has become one
of the worst hay field and pasture
weeds in New England, New York and
, Pennsylvania.
vending us. spiefiuiu iiatuitti i t.-vjui -b i cnc mi y u me treasury to melt
so tnat it could get out of debt, it could down 350,000,000 silver dollars held in.
demand payment for its goods in gold, tho vaults of the treasure ,
But until then it will have to take the bullion. The silver certificates out
silver, standing against these dollars wer i
India, the Silver Sink I be previously retired nnd i
In India the coinage is entirely of in the circulation
silver, which is minted by the British issued by the federal reserve banks
government. The demand for silver secured by special deposits of Unitid
tor personal aaornmeni is aiso verj amies treasury certillcates. At
great In that country, owing to the i ms kept the price of silver st-rAv
preference of the people for carrying ror the period of the war, but upon tJn
their wealth about with them. Thiev- signing of tho armistice the evnort .
ery flourishes so successfully in India striction was removed.. Immediately
that thi3 is an almost necessary pre- me price or silver started soariug un
caution. At the cry of "Thief!" in the til last December It reached the un
nipht the average native family merely precedented figure of $1.33 an ounce
gets up and runs, carrying its riches everybody began melting down his sil
in the form of bracelets, rings and ver heirlooms for bullion, which sold at
chains. The same custom is observed a tremendous profit. Silver nlato and
in certain parts of . our own West, ornaments bought in the years I9fti
where the men carry their Mealth not
in the form of silver, but of diamonds.
The silver authorities in Salt Lake
City speak of India as the silver sink.
They say they don't know what be
comes of all of it, but that no silver
which ever goes into India ever comes
out. While this is a slight exaggera
tion, of course, it is true that a great
deal of metal is hoarded from genera-
and ISO.";, when silver was selling at
ii jiu o-i 10 ou cents an ounce, suddenly
became worth twice as much. It
looked as if whole fortunes were to be
made in old spoons and Vniv an
forks. But in a short time the silver
bubble burst.
The Flood of Bullion
For Europe also had nlentv of silver
heirlooms and coins, and every coun-
tion to generation, through which it is try, inriudmg Germany, started' flood -
passed down much in the same form ling the market with bullion from these
as the families of other nations pass I sources. Then came the Jananese
clown their real estate. Widows in panic, which hit the market hard, be
India, for instance, have no dower cause a good deal of trade through
riht,' but they are permitted to keep China and India is handled by Japan,
their ornaments, which naturally The price of silver once more declined
causes the native .women to demand as until It reached $1. Hero tho United
many silver necklaces as possible. States government once more inter-
All of tho Indian supply of coinage is fered and guaranteed it to remain at
provided by the British government, this figure by agreeing to buy the sil
which therefore has always been in- ver . necessary to replace the dollars
terested in keeping the price of silver taken from the treasury during he
down. For when the price or silver war.
rises above the value of the Indian Thus today there are two pricesT?r
roupee, which is 9i cents, everybody silver one In this country, and one
immediately melts his supply of rou- for the rest of the world, set by the
pees down and sells them for bullion, same old group of brokers in London.
There is one group of four brokers in London no longer controls the price
London which has been setting the for American silver, however, which it
price of silver for the rest of the world must buy at a loss.
for a long period of years. One firm AVith this government guarantee, the
is in its sixth generation. They meet production of silver is now profitable
at 11 o'clock every morning and ex- enough to cause the old mines to re
change orders. Some have buying or- sume operation and new sources to
ders and some selling orders, and on be sought.' Throughout Utah and Ne
the basis of these orders they fix the vada whole vilalges which have slept
price of silver for the day. peacefully for decades are coming back
War Prices of Silver to life with renewed vitality. Camps
This custom suffered a severe check whose names would have been forgot
with the war. Then the British gov- ten but for Mark Twain are now re
ernmenand the other allied govern- ceiving daily notices in the mining
ments were in need Of unusually large press; people are again seen about
quantities ofthe metal with which to their streets, and houses so long de
pay China and India for war supplies, serted are receiving new coats of
Most of . this silver they had to buy paint. Eureka, Tuscarora, Pioche,
from the United States. There was not Cherry Creek, the Bellerophon, the Sil
nearly sufficient metal on hand in this I ver Wave and other minng enterprises
country to supply the demand, and the are once more names to conjure with.