Pioche Daily Record

THE SILVER PRODUCT AND SPECIE PAYMENT

The silver product so far exceeds the demand that the question as to an outlet has become a serious one, and especially so to the silver producing sections. A market is now sought for the metal, and can not be found in San Francisco, where the complaint is most loud. This state of things is not apparent to us of Pioche in a decided manner, only know of the article being a glut in the market by complaints from below. We could use for at least half a million, and it would take several millions to make us cry "enough." Coin is what we want, and we are not particular whether it is silver or gold. We guarantee to find a market for it. On most subjects some one can be found capable of sifting them to the bottom. But touch upon finance and all are at sea. During what are called "hard times" one sees the way out as clearly as the other, and when a change has taken place for the better no one knows how it's done. It is on a par with that other subject that some times excites the curiosity of many, that of how a numerous class with no visible means of support manage to make ends meet. They exist, however, and the wise ones will never know how it's done. Like the "lilies of the field, they reap not, neither do they spin," but they come as near being arrayed like unto Solomon in all his glory as any one. Some of our journalistic financial long heads say if the Government holds off any longer on the resumption of specie payment the price of silver may force it upon the country without the aid of Congressional enactment. Now, of all things in the world silver is the least liable to do that thing. Horace Greeley once said, "the way to resume was to resume," and that was about all he knew about it, which could as well been said by a lesser light. All the speculation on this knotty question has amounted to nothing more than so many childish remarks, good square horse sense appearing to have taken up a position in the back-ground. The result of Congressional enactment during the year '75 we have before us—a complete muddle—and that of the present year will be about on a par with it. When resumption is brought about we will know it; 'twill be from a combination of natural causes, and not from taking time by the forelock by the foresight of our legislators. All are out of their depth who presume upon leading the way to specie payment. It may be perfectly plain after it's done, but not before.