16 Mar 1893
Page 1
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Newspaper
The Old Abe Eagle
Location
White Oaks, New Mexico, United States of America
Date
Mar 16, 1893
Page
1
The Denver Democratic convention endorses free coinage of silver as the era’s top issue. The document cites demonetization harms, farmers and miners suffering losses, and calls for remonetization to restore prosperity, criticizing past secrecy and credit enrichment.
The Philadelphia Mint holds 110000000 ounces of silver bullion, enough to mint about 150000000 silver dollars, a record in U S mint history far exceeding 1890 levels. The piece mentions a news editor wary of printing early baby Ruth stories and predicts bewilderment for visitors Harrison Benjamin and Carter at the World’s Fair.
New Mexico businessman D W Clearwaters and partners Calvin Rucker BE Bronson and W H Austin own the La Luz onyx mines with a twelve foot ledge yielding brown onyx in various colors including green and black. They expect a railroad through the region to unlock profits, with marble sandstone and lithographic stones also held. The El Paso Tribune notes the area’s potential hinges on rail link construction.
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