Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1864-09-30
The Could md Curry.

There is considerable feeling in the COM
munity in relation to the action Of this
company in discharging its workmen, chang
ing its foreman, and finally its Superintend-
emit. We are informed that the mine has
been closed for one month, and that Mr..
Bonner will retire as Superintendent on the
first of next month, when he will be sue
ceeded by Joseph Clark. How much Of this
is true we cannot say, though we are posi-.
lively assured that the mine is closed. Many
coniectures and explanations are offered for
this action. Il is said by some to be poll
tical move, to colonize Copperhead votes for
the election, and by others to be a blow at
the Miners League, which we are inclined
to believe is, at least in part, its object. Il
is very much to be regretted that such a
league was formed, for it is sure to produce
its opposite league. 1t always results unfa-
vorably to the poor laboring men, for the
rich and powerful can withhold employment,
il the laborers refuse to work upon the terms
offered. The times are hard, and many men
are out OF employment in consequence
When money to carry on mining operations
is scarce, many companies are compelled to
discharge portion Of their hands or suspend
operations entirely and necessarily many
men are made idle. As the profits Of all
branches Of business are greatly reduced by
the dullness OF the times, a reduction Of
wages was the natural consequence. 1t was
Just as proper for the profits OF the miner TO
be diminished by this cause as the profits OF
the merchant or mechanic; and it was an i'll
advised move to form league to oppose it.
We now see the natural result. Hundreds
Of idle men are added to the other hundreds
previously idle, and misery and distress must
foll OF D h. hat
nerS' wages must come down; and our ad-
vice to the miners is to reduce them rolun-
tarily to prevent too great 4 reduction by the
large companies. II they had acquiesced
last summer in reduction to So so per day,
it would have placed them in the right /;
while now they may have to accept less, in
asmuch as they cannot dictate to the en-
ployerS how many men they shall employ or
whether any at all. This question Of the
price OF labor is like all others in economy,
it regulates itself BY the rule of supply and
demand and all combinations of men to re-
sist the natural laws Of trade only aggrnvate
the difficulty. 1t is far better for the labor
ing man to work steadily at 50 per day than
half the time at 81, or lay idle for months,
rs many have done and are still doing, and
mourning debt to their landlords for board,
which it will take long time to pay of after
getting employment again.
We hear it intimated by some that there is
Just now, in the Gould and Curry, lack Of
good ore to work the men on; but this we
do not believe, for that would require the
discharge of only portion Of the hands.
Some think it is stock jobbing operation,
to bear the stock in the market. We think
this highly probable, from the history of the
mine since Mr.. Strong left it. Probably
this, and the blow at the Miners League,
combined, are the principal motives for the
recent extraordinary movements of that COM
pany. We presume it is authorized by the
Trustees at the Bay, and the fact that it is
clearing" operation will be made apparent
BY the refusal to declare dividend on the
first of next month. The clearing" opera
tons Of last summer, which, BY reducing this
stock, did more to cause the present hard
times than anything else, show that this
really valuable mine has fallen into the hands
of the Philistines, and become the mere foot
ball of stock obbers, greatly to the detriment
OF the interests OF our State.-Union.