Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1865-04-26
arocr awrNptERs

some ln.e SINCE, NC
remonstrance, deprecation and ~ains'
concerning the bogus mining s"nais
which were being perpesrated in the East,
and prophesied the injury which the name
and reputation of our really valuable
m;no. would suffer, when the rascally
cbs., should be discovered, which these
toov, sx;ndlers have been so long perpe-
,r.,iro We were seconded in our posi-
ron BY the Ente,prissi but our neishbors
Of the Union, and the Humboldt Regi'tsr,
came down on US, "horse, foot and
dragons" The bubble has burst At last,
as will be seen from the following extract
from the New York Pohee Gasstte, Of
March 18th: -& g.. HtE.eyL
Mining swindles. born in deception and
nurtured with lies and hypocrisy, seem sud
denly smitten with the spear Of retribution,
and vanish at once into utter nothingness.
A few short weeks ago they stood forth before
the world holding the magic seeptre Of wealth,
with savans, ministers, politicians, the most
reverend and respectable men in the country,
as train-bearers- They were yeritable poten-
tates in the land, but to-day the law has laid
its stern hand upon them, and now none are
50 poor as TO do them reverence. aEt
What record Of crime and shame Is fnr-
nished BY the recent exposure Of the mining
swindles Of Boston: If this scoundrelism
had been perpetrated By humble, obscure in.
dividuals, the winnie country would have rung
with indignant demands for condign punish
ment. But it has been done with the con-
nivance, the taeit Permission or under the
sanction OF some Of the most henored names
in the country, and thousands have thereby
been enveigled out Of their money. It is dif.
fcult to see how the responsible men in these
companies differ in efiminality, from the
common herd Of bounty-jumpers, highway
men, and thieves. They were a party to the
delicious sales at the stock boards, and knew
that by this means unsuspecting buyers would
be deceived. This swindle would have gone
on, no one knows how long, had not the
Revenue Law taken them at their self-as-
Sumed valuations, and taxed them according
". The Atlantic Gold Mining Company, for
instance, entered into q combination to have
their stock quoted at SO at the brokers sales,
but when the law taxed them at that rate
they squirmed terribly, and were forced to
own up the truth. The officers confessed be-
fore the Commissioners that the sales were
mere tricks, and that the stock was not worth
more than twenty-five cents, and probably
could not have been sold for that.
And so of others. The Broome Mining
Company had their stock quoted at the board
at s. when il was not worth thirty cents.
What a Rogues' Gallery that long line Of
Presidents and Secretaries must have made
rs the came up to confess their iniquities.;
There were the officers Of the Canada Lead
Mining Company, the Champlain Copper, the
Chatham Mining, the Coalbrook Mining, the
Cheoucto Gold, the Colorado Gold, the Grand
the Kent Gold, the Logan Copper, the Ma
honey Coal, the American Gold, the Newton
Mining, the National Lead, the Oxford Plum
haso, the Stafford Copper, the Waterloo
Mining, the Glencoe, the Dayton and the
Roscoe, all came with a halter about their
necks acknowledging their damnable frauds.
I, was the same story all through, triekery
70 palm of their worthless or next TO worth
less stocks upon the public. They had
bitter pill to swallow, but there was no al
tentative; in either case il was all up with
them, the tar would take their last cent, and
confession would expose their game, but yet
leave them a few dollars. They accordingly
chose the latter horn Of the dilemma, and
hence we have these infamous developments.
We are glad the collapse has come, If come
il must, at this time and in this way. It will
have one good effect at least, to put the pub
lie more completely on their guard against
similar impositions, and prepare them to
meet the grand crash which seems so immi-
nent. II ought to brand these sleek imam
ciers aud the whole host Of respectable names
which have been lent as decoys for the I'M
wary, with eternal infamy, and consiSn them
To the Penitentiary, to the companionship OF
their co-workers in scoundrelism.
Can any reasonable man doubt that a
wildcat crash like that above described
mussinevitably operate disadvantageously.
if not disastrously. against those of our
citizens now in the East endeavoring to
sell bona: fde mining claimss It is sure
thing. Mining stock is as fiat as afounder
on the Eastern exchanges, and if the
Twelve Apostles were to form Board Of
Brokers they could not sell foot of
stock for Confederate scrip. Those of our
neighbors who have gone East with min
ing stock, hoping to obtain Eastern
capital" wherewith to develope their
mines, can take their .feet' in their hands
and toddle back again at their convent
euce. Not greenback VIII they raise on
mining stocks. That is ousge,piek on
Wall and State streets. Yet, when we
foretold Just such q deno&sent as this, the
Union and Register yelled "murder :" and
we had to quit, for fear of alarming all
christendom. They had friends at the
East who were trying to negotiate stocks,
which may have been good, and may not.
1t was probably rather wild and fierce
looking article that would not have been
safe in general raid against wildcat.
Hine lilo Ioehryme. We merely spoke
warning which, If well needed, would
have protected all respectable stocks, and
avertei a crash like the present. Such
was our desire. Our neighbors thought
we were doing evil, and we desisted.
Their specializing friends are about this
time. most probably, in a rather lame and
crippled condition. Whether deservedly
so or not, we, of course. have no means Of
judging. There is one thing certain and
indisputable; and that is that it is for the
true interest Of the people Of California,
Nevada and Colorado, to use every pos
sible effort to expose and Illustrate swindles
based upon the reputation Of their mines.
When they tacitly consent to these out.
RACES upon foreign confidence, they suffer
a vital blow to be struck at the very root
Of their own prosperity:
WHAr n AN Inch OF RAIS.-The late
weekly return of the British Registrar
General gives the following interesting in-
formation in respect 70 rainfall:
Rain fell in London to the amount of