The Nevada journal., 1852-04-04


.S.upendous Speculation One Of
lost stupendous attempts to es>
h i monopoly of which we have
heard, is n bill now before the
Stature giving the exclusive right
turning streams to use
|Fater for period Of fifty years.
purse no such abomination as that
pass. The Legislai ure is too
i to meddlc much with mining
er5--there's TOO many voters i'll
/ regions, and it would not he safe
|ies, as that is all public domain
| t, no such law would be valid, if
re passed. - 1lto.
lerc are many locations in the
S which cannot be worked for
of water, and where, could this
be supplied, thousands would be
Fitted at once industry would re-
an impetus, and the rush Of en-
IS coming into the country find
latc employment. Various com
b have been formed for supplying
ng sections with water, and some
em have gone into operation; but
s, where the speculation" is
stupcndous," that is, where thu
| y Of money and labor must ne
krily be immense, the companies
yaiting in anticipation Of the pas
of a law by the Legislature, by
h they will receive some guaranty
|they will have a fair chance Of
neration for the risk they take
themselves, and the money and
they expend.
p give such companies feeling
|curity the bill noticed by the Alta
introduced into the Legislature,
opposes to give companies turning
ms the right of way, and the right
G the water fifty years. The fact
those engaged in them will doubt
make good deal of money by
operations, should not debar the
lie from the benefits. We hope a
|lication of the bill will pass, as
blink it would result in benefit TO
bal body Of miners. .-Marysv. Her,
le have not seen the bill referred
bove, and DO not know exactly
! its provisions are. But the ne
ties of the mining region Of Cali
ia demand something having for
bject, security to investments, -
bne can be farther from favoring
|opolies than we; ana 10 law
I'D be made giving any man or set
len exclusive privileges, prohibit
others from engaging in the same
ness on an equal footing. But if
way is left open to competition,
the business proves remunerative,
American people will never allow
to grow up in their midst
if men invest their fortunes in
rovements, whether they be quartz
S or bitches, it is no more monop-
10 give them the exclusive right to
y those improvements, than TO
a Ean the exclusive right to occu-
he farm he has bought and i'm
'ed, The argument made use of
ONE writers that a title to the mi
: Improvements in California will
to monopolies similar to those in
ope, Peru and Mexico, are insin.
J, unless we allow ourselves to be-
c that similar institutions excluding
enterprise of the masses from en-
lg the list Of competitors, except
great disadvantages against them,
d be established. The freehold
EN- in those countries is equally OPP
ssive with the mining system; yet
title We hold to our estates, in the
r states, is just as unconditional
heirs, from which we have expert
ed no difficulty; and we are Of
lion that but little fault, thus far
been attached to it
he suggestion that as the land over
ch these bitches are to pass, belongs
ne National Government, and that
law win therefore be Intellectual,
ue to a limited extent, and we are
Of it, as it would be dangerous to
our state authorities unlimited
er to dispose Of the mining inter
But such a law would protect
proprietors against unnecessary