Los Angeles daily herald., 1873-12-17
gos Angslss Nerald.
EDITORIAL CORRESPONDENCE.
SAN FRANCISCO, Dec. l:


This mornings dispatches, which
will have been yours long before this
reaches you, announce that Governor
Downey has declined the nomination.
The P ost is advocating very warmly
the Goa lition of Independents and
Democrats, and with measure of
success. Independent, like ourselves,
it is working hard against all mono
poles, burdens0me tariffs, land-grabs,
and unequal taxation Of p property.
may mention that many great capital
lists, Friedlander and Chapman in
cluded. are strongly in favor Of forcing
large land-holders to improve their
property, or pay taxes as though 1t
were improved. The mass of the peO-
pie are against the property-hOlder
who lets land lay idle for years at an
assessment of So or 81 an acre, whilst
demanding $40 or $50 from prospecting
purchasers. For years such men have
cheated the State of its lawful taxes,
and kept unimproved and unsettled
some Of the best portions of the State.
Booths chances have improved i'm
mensely the last two days. Five days
ago his prospects were far from bright,
but now the political stock market is
running him up.
e THE BEAR BOY,
And talking head, are the present
curios in the market. Having no
curiosity to see either, | cannot describe
them; but both are said to be "bill-
ques." There are several Los Ange-
lians in town, and one or two Barbar-
efios; but no Sanddlggers that I am
acquainted with. / met yesterday
Mr.. Milliken, DR. McDougall, Mr..
Austin, Ed. Baker, and Garfield OF
Water Works fame.
THE PLACARD EXCHANGE,
On Merchant st. is the new enterprise
of ofMarriott, of the News Letter. The
idea consists in frescoing the walls in
large letters with every possible ipfor-
nation about San Francisco. Thea
tres, Steamships, Hotels Trains, and
a thousand other subjects adorn the
walls, and offer the fullest gratuitOus
instruction as to their separate doings.
Up stairs are rooms containing classi-
fled advertising departments, and
movable screens covered with notices
OF firms. The rooms are very pretty
nevertheless, and fitted up hastily with
fountains, flowers, hanging bird cages,
etc. never see Los Angeles paper
in hotel, or in places of public resort,
excepting the Mercantile Library, and
Merchants' Exchange; but I do see
San Diego papers constantly, and the
first thing that struck me in the Pla-
card Exchange, was notice a foot
square of the San Diego Union. This
should be remedied at once by all OF
our city papers, without rivalry. For
ourselves, there is some excuse, owing
to the short time We have issued. The
Chronicle and Call are still fighting
about circulation, which interests mo-
body but themselves, and affidavits
are the order of the day. The Art As
ISOLATION has splendid winter ex-
hibition, but mock modesty, which
is akin to vice, has carried the day on.
an absurd question OF undraped statu-
ary. The figures have accordingly
been mutilated to satisfy maudlin
puritans. 1t reminds me OF boy at
school, who once construed centrum,
the lower part of the chest, and blushed
when corrected by the tutor, and
ordered to translate its belly.
STOCKS,
Which have risen very rapidly, have
fallen little, temporarily; but there
lie every indication Of . lively spring
excitement, and the usual "bust up"
ut the end. Gould & Currie, Best &
Belcher, Overman and others are the
principal source of speculation. 1t Is
not interesting to report Theatres, and
to say the truth, ! have not been to
any place ofamusement yet. Madame
Bishop Is giving concerts, and looking
as wen as ever. She refers to her Los
Angeles visit as one of both pleasure
and profit. The row between Murphy
and McShane, has resulted inIMcShane
being held in bonds of Sl5, 900. Public
sympathy is with Murphy, but those
who know him give him little. He is
q clustering, good natured blower,
better known in Washington Terri
tory and British Columbia, where he
has run on different papers, and written
descriptive books about the resources
ofWashington Territory. The whole
L. HZ<h Ia =, r~vr npoo q StrtHiO.