The daily gazette., 1875-09-04


deW, and tansT roots, begorral Nor
uayored drafts of mint and rue With
me pice OF Augostural Poetry. m7
| ,ord AS Ihave said here were the saloor
Aeepers on top, They had undoubted
gepu,ne oullIo1 Wealth. They proposed
.oIsdlston S party to step down end out
u ie1 'Ic,n become the Bank OF Cali
toIn.a. nc Earl who took a Roman
Seu@t.1 -c9hly by the beard and asked
civil beside such an offer to tho ,n.n 80
| VINO nad been powerful on that ccqst
since 1862, and had ruled it since 1sGx
Ralston refused Flood & O'Brien
ana the rest Of Aiilesia imned;ataIr
organized the Bank of Nevada viii
FIVE millic2s Of paid up capital in goi?
and made Louis McIqne President
Ihe difference between r R,lston and
Snaron and Flood and o Brien was this.
me latter vent to mining Wiling 10 wait
,or return ptodding and feeling about
"a secrecy, tenian style Ralston wanted
ms GAINS at once. His Theory of the
business "as now cnd often;" the new
e0Iers J TGrked On the principle Of quiet
and sure. Besides, falston's uanaras
ne3t If the crushing, milling. assaT;nr
md raitroa4 power lad set 10 be s
monopoly; he had sustained the R4p,b.
llca2 ticket generally, and the new trish
party vas. Of course, Democratic. He
6ad ceen friendly TO TIE Central PaclLc
4 FhNlroad, which had just absorbed tne
IH;acEanento I;ac C1'o7: newspaper. The al
lies OF this paper in San Franci-co-%Lo
6;.Ist.r: and the Gail, two strong iorr.
nais, independent in politics-knew thai
haiston held such a mortgage on the
AEtS IG. to9rt:, their rival. that he con
lro!led 1t. 50 the new Bank of NeTadg.
EGcict louis McLane, the son Of Andrew
gackson's Secretary Of the Treasury, the
h-.sgts3 and Cal! and the Denocratic
and IndePeudent parties vent in together
against the bank OF Ealstou. Its credit
was lnpugned, its master indicted His
fcc-s..y al sae TANK s---for he vas the
panE-lts whole Senius-ald his pirate
account ran parallel With tee banks
TeTe distributed in hundred material
enterprises, mills, wagon vorks, real e.
tate, "3olten G1ills irrigat;ag dams.Asue-
az rs" nat net; The eEeny's GoceT
wa7 II { pile, ami rnils rspleaished ar
t6e TIE sate CT Si.600,00G month.
Sie2asi2:a gold -aS high IN New Tcrk.
u .lH4 Ins nita1 states Treasury trylnc.
Lne saloon keepers Eept their pile at
HcGe. ). hen + usto7 reached out fo-it
trey -ccld net loan, be could net pay
aratts 5G1 ncceptancez. They would net
coN StEs RS bank ~ a gilt ss the mo
L
'IS--a c-zb.-lticnz and take what
- proEt7hl' 7-.i IF the wreck Of the
,.!,,;;.e, Z ;rt'Gi1riJ the Cn.on MininS ana
hitlioy SGnp79y aC1 Railroad of Ne
-ada- Inis road had almost literally coet
hasten nothing. icing paid fo- bv the
3a..r'fs c3i-G2nic- a1d had been Alad-
an tcth T. bt-.s. Its st.o1- nan had
n1d" hl'Gssli :" tEoc- that there vcs
aohody = save ts1a. And wra, hO sa~
u Y; Mills anu tha soSa-7atrr peoplc
faeH HI l@at scj criez aia % Leave the
-ooE:
Ihoa n mantle sun .1E tip his t2ce
Great Psgr fell.
He vent from that bank where he had
been the pleasant autocrat for eleTen
'earE ana threw himself into the sea
or there was no religion ha had ever
earned except generosity and enterprise.
ae dled p bold man at the end ot the
lr-rna vhere re had ben the hero
throughout, G1d his death had that
quietnass and fortitude in it
Thlcn his face became Not perfect, nor
Tet an example, he mad rastif chara,1
er. The worst of all is that 80 much
1lndness and chivalry vere not parts of
ny formula Of living which the historian
an commend. Bred roughly inspired
y Garrison, he had nothing Tor his
wealth to ornament but 4 social spirit
nd love ot his coast and her develop
aent' The poorest chlnaman N Calf
ornia vas we,lthser IL poverty than
his leader Of the coast, Louis kcLane,
-ho has been E good Will. en- the Ptc.fic
lde, IS SOC OF Louis Mel lue, of D-la.
yare, who afterwards settled in Cecil
.eunty, Md, and finally il Baltimore.
GATE.