, 1875-08-30

population, anil cngondcred tho gambling nlhniA
Tint lnfcc.ol all ci"rA.s. II IL lnfdly ia 9c eS-
pccted In the nattl,o If thinas TINT tue col erpr
Of a tingc institution. though ri ovetshmluw'nS
AZ MAS t,ls bank. will Npsly nxptols tbs hua1.
ness Ii-teaI Ito stnck~gamtefa WHO iivo wnn
what lsalstuu iust vii doubtless runtIn,to tho
bubble h1t.sunH1. liut nnte Ut them w,eh! cap
ltal equal tn What was at h!s criumnp.l. II wi.
nnw he fnl,naalbic tlat nly af tl,rm plioi1d nr-
nnlre n,ich prestige M that which invested fsal-
Htnn With a!nttst ,ln,aIttrA l'nh!,c sanlt"nr"-
as' without ~4lrlI ralltA nrA rnrs, .rc~t'rc hnb-
bic "el4rmos ra'1'lpl 10 ,napVp!a.c,l oll BEeh
magnificent scalo ~ thcr Neru manipulated by
him.
=. but Of greater practical benefit must be ,hc
exacttnns Imposed IL The bank. The rai!roul
monopoly nuv bo lnaintnincd intact. Tho EsAi;,
market may 10 tnonopolizcA BY tile saito luo
thnt has niononphzed II fnz ssass. Iho ch.ripf-
party r'nE, operating through asents a. .'Tsr- ,
POOL may cantinn" ~ II 'nor1l&n ths
shipping export trnda aud nrtltsaftly hS tho
tonnage rates for the cItiro wheat nn!s WOOL OK
port. Tho qHicis'Ivnr.nnsuihy ring that by ~
ore.scpatatlon to SUIT itsoIf, may had t.a aur
promncy AMI no with tho landed mnnopAliea
that have ecizc,l npon ninoat thu entiso hodF Of
arabic tnnda iu tho thIi1oinin valleys. l'it tho
nowcz that connected them, that tiEhtcncu their
grip urcn tic Tar'tic sloto. has bctn destroyed.
Within few ycars 1t nlay be possible for email
farmer 10 buy 10 acres ~ tho sacramento, sntta
Clara, Or San joaquin ynltsyA at fair vailat'uD.
anu. NIGH n6 HIN InFeI L4f EIbPs W tIhf0 d
cI,ulce among bidders for Ills gsan instead OF be-
IN. compelled TO FELL to a Rtgso cll9uo within
i've yeaia il may he ros.ih&o for nlannfacturnr
with modest capital 10 establish himself in CAl-
fofnia Without being required first to make
torme, uni. directly OF indirectly, bin1g him
self to share tho profits w,tl, anybody else;
nltf,it, five years tim Tremendous inland tr4Aa-
rrrtatipn monopoly deprived Of tho ass'stantD
Of lta most potent alIy, may encountrr cona-
petition that will (orco It to eosn its hold all
productive in1an:rY, Within tint tnlo 1t may
bs TINT merchant with a.csngo capital may
find it possible to do business in San Fl All
Greco without let or 1li.ltlrpnce from any
banlt which, II It doca not Atlit iEH
manages Ia let tho merchant ap business. nill
cripple 1.is credit, alu Luy up hla paper to force
hia, ,nto bankruptcy. Eono Of these things
have boon puts,j,le iii California within tho past
i've or ton years. bccaNao of tho ncArotlc ruio
oi tho bnnk. md, In consequence, with tho grand-
est undevel0psd reaources ct Any State u tho
Umon, California has iangnissed. Snw. 1t III to be
traatcd. tho day nIi her dcscranco 'a at hand
n;rd that rha wifi experience 4 fresh, healthy,
thrifty growth. CA1lronStAS.
CORRECTION.
Tile Sudden death Of MIR. kalston in San Fran
ciAeo Lua produced nj! manner Ut stories con-
cot nl,lg him and bis habtA Of lilo. Ono of thosc,
which represents i!lm as having enabled lady
and all actl ess who is represented az h'H mistress
to make tnouey ty a speculation. got into thiH
raEfr yesterday. Tho whole story, as fur III It
ralatos to my busIne4a hr other relation he-
tween Tho lady and Ralston, il untrue, and
while no olle who knows her would be projn-
diced by tho publication. VIC tnko this mohus Of
stamping it ns fulsc, but Il might do lor injury
among thuao WHO ato strangers.