Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-02-12
CHICAGO LOSING PRESTIGE.

\ great deal of talk was INDUCED
last year. about the superior adran'
ta"cs for trade to be found by the peo-
p!e of White Pine and other interior
divisions of the country, by being
brought into communication with Chi
. 1t was all Chicago for a while.
When the talk began we joined in the
discussion, taking Issue with many OF
the propositions of our contemporaries.
San Francisco has it within her power
to control this trade-in most Of the
leadin" articles. For the products Of
the East Indies, we would not be gull
tv of going to New York, even-much
less import from Chicago what her
merchants brought around by New
York. California flour and woolens
command premiums in competition
with Eastern products; coffee comes
from down the Pacific Coast; rice AMI
q need no transhipment in reach
inc San Francisco; California fruits
are unsurpassed California and Neva-
da have better grazing lands than any
State east OF the Rocky Noun
tains; san Francisco milling machi-
merry, and other utensils connected
with mining, are preferred by eXpe-
rienced miners; California wines and
liquors are fast coming into favor
san Francisco machinery, jewelry, and
cutlery. are equal to any in the world ;
aud so of bacon, grain, and other arti-
cleS of SOmmon use. Then we are
brought down to importations from
Europe. and some articles of anu
lacture in the Eastern StateS-as cot
tons. ~woodenware, and 4 large range
of cheap articles.
When the range OF articleSt to be inl-
ported from the Atlantic seaboard has
been reduced so much. the question
mt What has Chicago to TO with
the market of these articles? Chicago
sits there by Lake Michigan, and all
our lines of transportion must great
" defect, to bring her at all into the
ctSe. when we bring hardwood from
New Hampshire o cottons from
Lowell. So of all the articles proper
to be transported from the Atlantic
side to the Pacific.
Chicago comes in as q middle man
in such tranSactionS-a friction intro
duced. to retard the progress just
enough to wear something from the
cargo. Chicago dealers cannot carry
heavy stocks, for they are only plate
bearers passing to IL market what
another procures. and reQuiring quick
returns from all transactions, because
they are in effect only agents. They
have not the capital to stand out for a
season for the building up Of a trade
in 4 newly opening section. Montana,
Colorado, Kansas, Wyoming, and
eastern Idaho, tried Chicago on that.
Now, all the heavy trade of these sec
lions Is with other cities. Omaha
trades largely diPect with Europe. SC
does st. Louis; and the merchants OF
the latter city are recovering largely o.
the trade In the past five years wrested
from them by the more wide awake
Chicago dealers. They have heavier
capital in trade, and can extend more
accommodations to new communities,
Chicago has been 4 power in the
land; and is now but its power wa
in being around. and Systematically
pressing its advantages upon the pub
lie. st. Louis has 4 better location,
for the trade of this region, than Chi
cago; but has allowed herself to be
overruu and fanked by her rival by
the Lakes. Now, dull times r come
ut last. to the Lake City. and her people
complain bitterly. Trade is coming
down u this stern reality, ami IL Is ad-
mitted the capital Is not owned In Chi
cage to pay her out Of debt. In this
condition of things, Chicago will con-
tract her trade lineS.-Hhite Pine Neus
OH