Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1866-01-17
Humboldt County Items.

all feel embarrassed by the decision OF the
Court, annuling the obligation to pay coin
on specific contract. Capital is shy. No
safety for it, on loans. Morally, no less
than financially and politically, the de-
cision of the Court may, without vulgarl-
ty, be styled " q sumner" The man who
keeps so close to the requirements OF law
as always to be as mean as the law allows
finds his cupidity tempted, and will hug
the decision and pay greenbacks. lie
pays at all, only because the law exacts
payment: and, doubling on Shylock, he
regards Justices Brosnan and Beatty as
"two Daniels" and saves thirty-three
cents on every dollar he owes. 1t is sup.
posed that the mean men of Nevada Will
under this decision swindle San Francisco
capitalists out of $4,000 o besides what
they make off their fellow citizens this
side of the mountains. That for the
moral view.
Politically, and financially, it seems q
hard case. The precious metals are the
products of our soil. Congress declares o
standard measure Of these for coin, which
shall in all cases be legal tender on all
contracts; and erects mints fer coming
the metals here, for III convenience and
the Constitution forbids any State making
anything but gold and silver q legal ten
der ; and Congress requires in certain
cases gold and silver as the only legal
tender to the General Government; and
we have no National Banks in the State
have one, with powers for but q limited
issue and the law Of Congress debars US
from establishing National Banks, the
maximum aggregate issue, three hundred
millions, having already been uttered by
the Treasury Department ; and now,
in comes our Supreme Court, annuling
the contracts on which money has been
loaned, and tempting the cupidity OF dis
honest men to repudiate contracts for the
| delivery of the Governments coin.
The Court, we learn, has granted o re-
hearing in this case.
A WORD FROM THE EAST, on Our
CURRENcY.-A friend now in New YORK
city-a good business man and close OBJ
servcr-thus briefly mentions the light in
which our metallic currency is regarded in
that city-the financial center OF this
hemisphere:
81 wish l had time to write you some-
| thing on the subject OF currency. You
| can have no idea how uncertain is every
| ones business standing, where paper cur
| rency is the basis. The fact is known,
too, and all arc looking out ~anxiouoly for
Congressional action to set them back to
where it took them from-a specie basis.
l have found no one but appreciates our
gold basis ; and they say we are fools if
we give it up. One Of the most attract
i've features Nevada presents to capitalists
here, is the opportunity to invest green
backs in property where business is done
on Il metallic basis. They say it must be q
safe business, whenever it is productive at
all-produclng the currency Of the world"
We might have stated, above, that our
correspondent is in New York to induce
investments in silver mines here, and Is
succeeding well; and Of course would not
write as he does, if he did not know it to
be to his interest.
Is THIS THE LAsr:-A good many,
pretending to prophecy, say that 1866 is
the year fixed for the second coming Of
Christ. Those are Christians. Some
Jewish prophets agree as to the time, but
put it up for Chrlst's first trip. These fell
lows, you know, slew the only Christ that
ever did appear-partly, no doubt, be-
cause he wore a seamless coat, that would
not rip.
But, it is O serious thing-this posi-
bility Of the world being wound up and
accounts closed this year. We don't be-
lieve the end is yet. We have an idea
that all the West will be made to blossom
as the rose, while the East relapses into q
second class affair; and that after a thou
sand years the Yanks will turn back-or,
rather, keep right on. to Asia, and the
outside countries, and bring the Old
World, including Western Europe, up to
q fitness for self-government; and that
after the Yanks have done all they could
for the world Christ will take hold and
turn the whole concern over to glory.
The Diamond Hunters returned Sum
day, sound in body and sobered of mind.
The rcputed diamonds were found, in q
s%edimentary formation near Granite Creek
Station. The crystals were found in the
heart of what mahifestly is the trunk Of q
petrified three, about 80 inches through.
The crystals vary in hue, are about as
bright as those Of quartz. but seem to be
cubed same as diamonds but they are
not hard e~nough-a diamond tears the
surface readily. That lets us out for dia-
monds-for the present. No more goers.
PROSPECTING continues almost as lively
as ever. 1t is strange how the passion for
finding now diggings will fasten on q man
who once allows himself to sit in front OF
a frying-pan and bundle of blankets, on
the rdge-pole of a ore-backed horse.
With plenty Of excellent lodges already
exposed at their doors, these prospectors
keep up their pursuit, as il it were q ma
MIA as with many it seems really to be.
Why will men run off from the vicinity
of such lodges as the "Maine," the "Cal-
ifornia," and other such, where they
might get ar extension-and pursue some
vague report Of big thing of in the In
di an beats?