Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1864-05-18

rules but by the disreputs attending any persls-
tent calling Of stocks which by general consent
have been tabooed among the best brokers. On
the whole, the tendency OF stocks is upward, the
general impression being that they have reached
their lowest figure, and that the reaction has al
ready commenced.
The news Of the recent Federal successes In
Virginia and Eastern Tennessee has been received
with unboundcd enthusiasm. Men who have
looked on the gloomy side of affairs almost from
tho commencement of the rebellion, can sec day.
light at last and predict with confidence the be-
ginning of the end. Slow to believe where hope
has been 50 often dashed 10 the gronnd they have
waited for succeeding telegraphic news which at
last comes in such contirmatory shape that there
can be no longer room for doubt. Tho late bat
ties have been unQuestionably the most terrible
of the war-as they are certainly the most deci'
sive and positive In their results Grant, with
characteristic reticence, has kept his own coun-
sci while silently and skillfully perfectng hS
combinations, and the great news Is all the more
gratifying from its being unexpected The de-
fence made by Lee is worthy better cause but
even his trsnscendant genius cannot hope to
more than prolong, perhaps month or two. the
fall Of Richmond. Unless his defenses the
south Anna arr something incredible and OF q
magnitude unheard OF, he must continue his re-
treat into Richmoud. There, surrounded by con.
stantly increasing armies, supplied from the great
human storehOuse Of the North with which Grant
has an uninterrupted line of communication by
AQUA Landing, his retreat either through Ten
nessee or the Carolinas cut of and the whole rail.
road system destroyed by which he was to have
received supplies. and Sherman in possession Of
the Southwest and still pressing on. 1t must be 4
singular combination OF reverses which can pluck
the laurel of victory from the Federal arms. Still,
the end is not yet. The rebels have thus far
hibited resources astonishing to the world, and
desperate cause will not DO surrendered without
a fearful death struggle.
Nav haar hnVI
May Instead of the usual clear skies and cold
ocean winds loading the air with dust and sand
warm and continuous rains have fallen for the
last two days and even as write, the clouds in.
dictate more wet. The effect upon vegetation il
visible, and the lawns and grass plats about town
look all the fresher. To-day, the streets are
crowded with the beauty and fashion OF the city
-iadies out shopping, and availing themselves OF
the absence OF the diurnal gales which ordinarily
make sad work of curls and crinoEne. San Fran.
cisco has never presented such Il scene Of fashion
and Raiety IN al present. The city is crowded,
hotels and boarding houses filled, and the shops
literally patronized
Our metropolis of the Pacific seems disposed to
emulate New York in the revel of costly eIpen.
diture aud reckless extravaganza. The dry goods
and jewelers. shops have never done so large =
business as al present The principal Montgom.
cry street dealers are making rapid fortunes,
despite the enormous rents which they pay. In
some future letter. for the special benefit Of your
lady readers, shall send you a resume Of the
summer styles and fashions lis commonly sup
posed that San Francisco occupies a compare
lively provincial position Ia the matter of
fashions, and that our fashionable ladies take
their styles second hand from New York. The
fact is however. Gas the depleted purses and long
visag-s of the billpaJing papas and husbands Can
testify the fashions reach here direct from Paris
and seldom if ever filter through the Atlantic
cities There are several large French houses
here who, besides importing the most costly and
luxurious silks, muslns, laces, etc, etc. receive
BY express the latest fashions from Paris, which
are not uufrequenty trotted out In Montgomery
street, before they make their appearance in New
York.
How much of this lavish expenditure is due to
the mines of Virginia and Gold Hill, you in Ne
vada Territory are the best judge The metro
politan splendor which New York has reached in
the last ten years, took its impetus from the gold
of California San Francisco to-day occupies the
Of the Eastern slope that New York has hereto
fore TO California
1t is not too much to say that the prosperity of
this city is more intimately connected with Ne
vada Territory than ever with the gold mines Of
our own State II the era Of silver has begotten
extravaganza and expensive habits Of living i.
it has none the less put money into circulation,
built costly blocks of buildings, opened streets and
given an impetus to the general prosperity OF San
Francisco which few will deny was wanted just
about the breaking out Of Washoe" in 1859.
Things at that time had subsidized into sort Of
hum drum routine, the city was full of needy
unemployed people, business was dull, the yield
of the placer mines are fast declining, real estate
had fallen to ruinous rates, and the prospect was
anything but encouraging; but with the diScov-
cry Of silver on the Eastern SLOPE the city took an
upward and onward leap as If touched with q
magician's wand, and our prosperity has been un.
checked from that time frwsrd San Francisco
may well cherish and cultivate all that pertains
TO fostering aud developing the vast mining inter-
ests Of Nevada, for the prosperity Of the one, the
life blood Of the other. .-r
The next steamer will probably bring General
Erwin Mcdowell Bull Run McDowell) who has
been assigned the military command Of Cslifor.
MIA Gen. Wright will pc ordered to the East to
some point near Washington. From the prepar-
atoms which are being made quietly but rapidly
for the defense Of this harbor one might imagine
the Government anticipated tresding on the coat
tail Of foreign power, when the furniture has
been sufficiently put to rights at home. II the re-
belon Is closed ont this year, it is no sure thing
that Louis Napoleon Is not served with notice to
quit Mexico. In any event San Francisco harbor
is being made impregnable. Forti6cations have
been erected on Angel Island and along the north
ern line of the city-one Of Semicircular form,
mounting guns Of immense caliber, being con-
structed close 10 the former residence of Leondas
Haskell where Broderick died. Below, frown
the great batteries Of Fort Point and the covering
batteries above, while Alcatraz which has been
constantly strengthened, and the two batteries at
Angel Island camplete the terrible Gordon. The
other day many tons of shot and shell arrived here
from New York-some of them being of fifteen
inch caliber-nearly as large as -four barrels
Tho officers who were experimenting their re-
moyal to Alcatraz Island told me that number
of fifteen inch guns were daily expected IN the
hold Of clipper ship from New York. No
wooden feet however formidable could attempt
to run such gauntlet of fire without being de-
stroyed.
Mr.. Stewart, the well known lawyer from your
locality Is in town, cutting wide swath among
tho big fish of Nevada. Happening In ut Porter
& Flenner's last evening, heard him discussing
the subject Of taxation Of the mines. Among the
party were several of our legal and mercantile
magnates, who seemed deeply impressed with his
remarkA He showed forcibly and conclusively
that the Government could not reap the expected
revenue by the means proposed, and that II one
capable and properly accredited practical miner
could obtain a hearing ut Washington, the Gov
eminent could be easily convinced Of the absur-
dity Of the proposed plan. The revenue, be said
could be increased BY more legitimate and popu.
lar method TO the tune Of hundreds Of millions
This, he said, could be done by liberal appropria-
tiong for the encouragement Of immigration from
all parts of the world to this coast have free
ships in all the European ports, and multiply the
number of lsborers every one Of whom by his In
dustry would increase taxable property in his
immediate locality, and increase the general ag
eregate Of the mineral wealth. Such was the
gist Of q lengthy and clearheaded theory, which
wished Secretary Chase could have heard
Dr. De Groot (lately appointed Treasurer OF
Nye County,, leaves in few days for lone city
with the material for weekly paper, which no
man In the Territory 10 better able to conduct
The Doctor Is thoroughly conversant with trans
montana affairs Is an old pioneer and an able
writer.
The steamboat war between the old aud oppo-
sition lines Is in full blast The WaShoe," the