Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-01-25
HOW IS IT..

Oug BUSINESS, ihueSe'
90, much as i, did before the multiplying
decision of the Supreme Court. Ihis
rresen, fact is, of course, owing to the fact
tina, our merchants, and the bankers as
well, have agreed to go on with charge
and credit on the gold basis /; though the
obligation to pay, where credit is given, is
" ON honor" and henceforth cannot be by
virtue Of an enforced special gold contract.
But there is All uneasy sense of bad times
coming, unless some extraordinary and
entirely available means can be discovered
whereby money can be brought in reason
able abundance to our State. The art
preseryative even of u present pros
perity, must be an Art Legislative. Of such
redeeming and helpful character as has not
hitherto been ascertained and proposed.
There is no use in Disgusting the fact {:
hundreds, and perhaps thousands of men
in this county-laboring men-have made
up their minds to leave this section the
coming Spring, because they fear and be-
lieve that they are to be paid 81 in green
backs where they now get 81 in coin. 1t
is the laboring man that is distressed and
indignant at the reversed condition or
altered phase Of our financial basis as a
people. Not the bankers" not. per-
chance, the merchants ; but the seorkers,
the miners and mill men-these are they
who see woe. or. at least, deprecated ser
vice in store for them. 1t is easy enough
for the bankers to settle their accounts
with their honorable debtors /; and, If they
chose, commence their transaction upon q
Legal Tender basis. 1t is a handy matter
for the merchant to mark up his prices 40
per cent. and take greenbacks at their face.
Blu, will labor so up in ratio: Has ex-
~perience in the East shown this to be the
cases To the contrary, No! The decis-
ion of the Supreme Court bears heavy, and
especially so on the working classes; and
they are the ones, and. so far as we know,
the only ones who bitterly exclaim at the
state Of financial affairs. as left by u Su-
preme Judges.
What shall be donef We see no initia-
tive taken by our legislators in the premi-
SEES. Not unless VIC except the resolution
offered by Senator Hobart, calling on our
Senators and Representatives to secure a
S5,O 900, 900 National Bank capital appor-
tionment for this State. And the passage
Of that resolution is only one step-a
proper one, no doubt-in the right direc-
ton. We must have specially friendly
legislation-aecepting things ss they are
for the forthwith introduction Of a sufi-
Gent amount of currency to carry on all
our mining and milling operations And
if we could get in a sufficient amount Of
National Bank capital and circulating
notes. by the first Of April next, so tina,
we could then m paying workmen
as and sc in notes for their daily toll, all
would 60 on well-may be excellently
we'll!
We repeat. the State Government must
set the ball in immediate and rapid mo.
ton. in order to compass this much de-
sired result. This accomplished, and all
would be well. Protract the actual change
beyond that period, and half or three
quarters of our population is gone from
among US, leaving US with excavations,
depriving us Of the bone and sinew Of the
communities. Our Union legislators have
an all important duty to perform, in this
regard. Put off the day of National paper
adoption as the standard and circulating
medium, and the prices Of goods have gone
up, but the wages Of labor can never
thenceforth be justly, proportionately
raised.
We desire to say, right in this connec-
ton, that we understand that between the
time Of his first decision and the re-hear-
ing, Judge Brosnan was i%mportuned by
the State officers, with inquiries Us to how
the State Government was to be carried
on, under the suddenly changed currency
system of the country. It was with re.
gard to the inquiries he was piled with,
on this point, that the Judge was induced
to speak from the Bench as he did, of the
manner in which the State could conduct
its business-on a gold and silver basis
despite the decision then rendered. The
Judge wished the people to see that the
State could. If deemed desirable, conduct
all her transactions on a coin account,
though the Specific Contract Act be de-
clared unconstitutional or in conflict with
the greenback law Of Congress.
But, we say. let the charity and the
conscience Of the matter begin at home ;
and let Cutters Bill, amended in the full
light Of the settled opinion Of the Court,
be passed. Start State salaries on q green
back count, and then 60 down through all
transactions official that the law can at
once reach, with equal specifications for
paper payments. Possibly. it may be
well. or necessary, for the salaries to be
paid, as now, until the next term Of Office
commences 4; but if that is so, let the word
be at once said for the coming year. rnt
And then the Committee on Ways and
Means should draw up a bill that will
take a legal tender valuation and a tax
thereon sufficient for expenses, beyond a
doubt.
This is suggestion /; not dictation.
A WELL known commission merchant
Of Cincinnati, a passenger by the late train
for Chicago, Christmas night, had in his
.osaaaa,on A ny, k1aoL, o.,-o, ,oal, -