The Placer herald., 1862-03-29
always been fraud and peculation in public af-

iairs.
A splendid opening has just been made. as we
learn by telegraph. TO swindle more directly than
by contracts for ships clothing, arms horses, &c.
A law has been enacted allowing the Administra-
ton to purchase coin as il pleases, with bonds OF
the Government. One would suppose that when
the treasury was emptied these harpies would re-
lease their hold but no, they are determined to
swindle the Government out of it's credit. and the
chances are that they will swindle the people out
of liberty and law in the end. Never in the
history OF the world has such hypocritical pro-
tesson of honesty and economy been followed by
such gross vlainy and wickedness, perpetrated,
not in the dark. or in Il corner, but in the light
of heaven and in high places. by the mighty men
of the parry. yea. before the whole world. These
frauds were not of rare Occurrence-they are OF
every day practice; they ure not OF nsigniilcant
amounts, but are in the hundreds OF millions OF
dollars.
There can be no excuse made for the Admins
tration-the Cabinet officers are participants in
the swndes and the men who effect them are
retained in the confidence of the President. and
rewarded often with promotion to higher stations
and more extended opportunities for similar de-
predatons.
In our comments we have barely h'd space to
gluce at the proofs-wc shall return to the sub
Ject again.
| LOOKS LIKE "SEII."-The .4Ita publishes
letter purporting to be from citizen of Placer
county, who claimed to have put 81, 700 in his
pocket year ago, and went on prospecting
tour to the Nez Perces, CaribOo. and Salmon
river mines He prospectcd extensively hiring
number of men to assist him in his labors-but
the sum total of bis mining receipts were but
about 500. He then returned to Placer county
after having expended $4,000 of his money
where he expected to remain a wiser and more
contcntcd miner; and who advises others to re-
main at home. and not 60 the same "wild
goose chase" that he did.
We suspect that the .4lta has been "sold."--
Having an extensive acquaintance throughout the
county of Placer, we think that if any OF our
citizens had made q tour so extensive we would
have heard of it, But we have not. There are
several, however, in the county, who have been
to the new mines. and will return again this sea-
son.
The writer of the letter. who gives such good
advice. should have appended his signature
He has not done so, AMI thereby prevents crc-
dence being given to the story
But while We do not believe that any Placer
county miner has had the experience detailed in
| the letter. yet we would offer the advice to the
miners of Placer to avoid going 20 the new mines
under the present excitement. The gold field,
extending from Salmon River to Cariboo is said
by some prospectors to be of great extent and
believed to be rich, but that years will expire be
fore the country is prospected-and the induce
men:s for miners to go there will be as great, if
not greater in two or three years rs now. II
this is true there is no necessity for haste. as
year hence the cost of living there will be reduc-
ed onc-half, and the facilities for prospecting
much improved. If the mines are really a hum
bug this season will demonstrate the fact and
those who wait will have the satisfaction of saw
ing their time and money. Therefore, we say, do
not be in haste to join in the rush.