New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-07-08
TIE Sy1rER MINES or NETADA.
now ~ FRANCISCO HAS TREATED NEVADA
r,Ip NTyADA MINT-CHICAGO COMPLETES
WITH THE METROPOLIS OF THE PACIFIC
,,no,f Az OCCASIONAL CORRESPONDENCE

now SAN FRANCISCO HAS TREATED NEVADAI
ruE NEVADA MINT-CHICAGo COMPLETES
WITH THE METROPOLIS OF THE PACIFIC
IRRoH AN OCCASIONAL CORRESPONDENT
Carson. Nevada, June 2.-Ihe discovery Vi
the rich mines at White Pine. and tho completion OF tho
poc,ec Railroad have produced mercantile rival lor
s E,a,e,sco that ia assuming most formidable proper
fiona Heretofore the metropolis OF this coast conscious
., her iaola,ed situation and perhaps regarding oil SET
Elements west OF Utah hers by brthright mas
inpercusly over her dependent suDnrbs' py whom n
demands were regarded rreyocaDle as tue laws Va ~
Peruan kings Her conduct In regard 10 NeVaua h'' a.
avs been marked by seHshness most injurious 70 quo
ros,ects q, tho country. Tho rich mines along the
Comstoek lend instead Of being worked with view 10
nermapently profitable Development OF It's resources
were simply regarded the tangible basis OF s'oo
hoard and valuable only in proportion 70 tne susoeP
blity OF manipulation by the bulls and bears mo gu
nerintendents of the mines were puppets In inc
hands OF San Francisco capitalists, and WORKING VI
mines obediont this idea only either through rear
losing their situations, or for rho prSege T ~ ore
mted within thd TIE g inc masses of ACCOMMODATES
rock; every possible expense "a fetreDcnen,
~ rom 70 sI75 until the stock been inflated to me
utmost limit Then the brakes are put on ne engno
yersed assessment after assessment iooWs IaPuyy
upon the heels OF dividends the mill returns WORK
ing inferior rock showing an alarming depteelho ~
quality; that the mine lseXhausted se
among the outside stockholders and the discovery la
there Is large debt upon the mine yerlhes the Most I5
annanr rapdty aoInc 81 900 per foot In less thh
month and the hue and cry s kept up until the STOCK IS
OF the Stock Board The result OF such course upon to
interests OF Nevada Is very apparent Ih ~ IN All
ia upOn her mines for even ler existence, ~ III
ITS branches brgan 70 langulsh the fghllnI
OF the Comstock Indicated rottennesS an
The great tap root OF her prosperity that extended tsel
through all tho notifications OF her Industry; uncertainty
and distrust eliminated In pancso OF almost anOnat
larity parayziug every attempt TO lay snbstahtal
foundation for future prosperity and inangnang sys
nh Having
great artery OF Nevadas prosperity, San Francesca
Turned her attention to the quartz mills owned by out
sidcrs and dependent upon the Constock for employ
ment BY Withholding the orc entirely OF compelhI,ug
them 10 work ruinous rates they we're soon enabed
10 purchase these mills at their own price, or 10 Duren
them with mortgage at four per cent month tat was
invariably forecosed at the earliest Opportunity Snch
has been the course pursued by San Francisco, acting
through the California Bank, toward Nevada ana IN no
case IL her selfish character brought more clearly
10 light than. in her determined opposition ,,
1868 yielded gold aud silver, 5OOOOO; IFS present
annual yield is s6o00o. equal to one-quaTSr o, quo
on the Pacific Coast aud exceeding the present total
yield OF all the silver mines OF Mexico Ihs linnen5e
tans IN express wagons and stages to san Francisco a
cost OF from 10 Per co fe hack to Nevada made the
gross receipts Of Wels Fargo CO. VINO a 6 .ng
| * o05OCo annually from this source alone. Now San
Francisco was unwilling 10 lose this fat little lob anu no
mani 10 establish mint on this side OF the mountains
than all the engnery that colossal wealth cond coho
|
| for more than q year It's seemed more than
doubtful But, thanks to the energy OF sehslSt
Abram Curry and few other genuine sons OF nevada
the mint is certainty. Tho building ot sandstone
cut by tie prsoners at the State Prison quarry, and
erected In this city, has bocn finished at cost OF s96s
and the machinery built In Philadelphia has oil arrived
When his Is erected IL will mako the total $4,000
It's capacity coinage will DO about per year
This the first successful attempt mace ny nevada 70
Tree hersoE but the completion OF the Pacific Railroad
has brought formidable ally to the rescue In me shape
OF Chicago whose uutrng energy 0nd determined com
neon have already nearly wrcsted the cepter OF power
from San Francisco In South Eastern Nevada ana 6ld
fair 10 neutrlzo her sway throughout tie state Hei
eccpts are now found Ia all the mining towns OF treasure
I'M offering their goods nc 20 per cent less than Sar
Francisco merchants Her assayers ana DrOAets are IN
yariaby moro liberal In their returns on bullion; he
charges on transportation less aud the golden stream
whoo outlet heretofore has been the Occideta metrop
oils Is rapidly turning 10 the East Sdn francisco
"a rampant but she has 20 blaine but herset he
sucdal policy toward Nevada has alieuated her iron
those under circumstances more nearly equal, Woul,
have kicked the scale In her favor and Win hal obtd
euce poured into her lap all the riches OF tho mountains