Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-03-17
ROME r~NTsAp11sfs.

Suddenly the mineral wealth Of Utah has
become very important in the estimation OF
certain journals. The plea Of rich mines in
Utah will answer to draw Eastern spscull-
tors, but il will not take in California just
now, for we have better things at home.' Not
less than one million dollars Of the capital OF
San Francisco has been sunk in White Pine
within eighteen months past. This capital
may, or may not, be 4 total loss in the end.
We. however, believe the money could have
6een better expended in California. Virginia
City and Gold Hill enterprises have been
profitable to the whole country, but, so far,
all mines east Of that point have proved un.
profitable. Our citizens should now AXE
care Of their surplus means, use II to start
manufactures, or,if it must be placed IN
mines, let it DO in those which will employ
California laborers.
The above, which IL from the San
Francisco CdV of March 18th, may be
taken as n sample of the paltry, mole
eyed policy which has cramped and
injured the business of that city.
"Home enter prises," indeed! As if
the trade of Nevada. or Utah, or Ida
no, were not as profitable to the traders
there are but few merchants there
Of San Francisco us that Of any portion
Of that State. Did that city possess,
during the past five or six years, n bet
ter market for her goods-one that at
forded larger profits and involved less
risk-than the eastern part OF h
State? During that period all the
wants of Eastern Nevada, including
the machinery for its mines and
mills, were supplied by San
francisco at the Stiffest kind Of
prices. Possibly she may have
lost some money by investing i'll
the mines Of this region. Her
capitalists and adventures did not
buy mines for the purpose of develop
ing and rendering them productive,
but only to enlarge the field Of their
gambling operations. As far as the
| district Of Reese River Is concerned, it
has contributed far more to San Fran
cisco than it lms received for during
several years it supplied all the min
ing districts in the central and eastern
parts of the State, and it paid the trad
ers of San Francisco for those supplies.
Yet, we are told by the Cal that, so
far, all mines east Of Virginia City
have proved Improbable to San Fran
cisco! mot less than 1900, 900 of
the capital of San Francisco has been
sunk in White Pine within eighteen
months past. This capital may, or
NAV not, be q total loss in the end"
1t Is not to the credit of San Francisco
that the ledsers of her spectators do
not show five times rs much money
misspent in White Pine. That district
was engrossed by San Francisco for a
time 1t was her feast; to which out
sidcrs were invited to stay away. If
San Francisco's folly at the outset OF
the White Pine excitement has cost
her only the sum specified, we can
only say that she bought her expert
ence cheap. She Is In 4 "huff" with
White Pine and all this country east
OF Virginia ; she has "better things at
home" Her present business policy
will compel us all to seek Chicago, OF
New York direct, for better manners,
larger sense. and cheaper goods. Well,
.sthe mines" east can stand it ; can
the traders and spectators of san
Francisco? The merchants Of Austin
and White Pine. and of the least y
generally, should understand that
while the "plea of rich mines" may
"answer to draw Eastern spectators,
it will not take in California just
now" California has "better things
at home" For our sake We hope the
eleventh hour Magdalen will stay at
home with her "better things" and
vex. delude, and cheat US no more fol
eyer.-Reese Ricer Receiiie, 15.h.