Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1875-10-03
THE SKIES ARE BRIGHT
AGAIN.

AGAIN.
little more than q month ago
the people of the great States of
California and Nevada were struck
with CONSERVATION, much as the
sudden and terrible lightning
rends into atoms . waving forest of
sturdy pines. A great bank had
failed! A great institution had
suddenly and without warning
fallen into decay and ruin !! A
bank which had for years held the
earnings of hundreds of thousands
of people, and which had up to the
last moment possessed the entire
confidence Of the Pacific Coast and
the world, had closed its doors
against its creditors and refused to
pay their deposits The news of
disgrace and ruin was flashed over
the wires to every part of the civil
lied world. The great cities of the
East-the rivals of San Francisco
read of our distressing calamities
with q GOODNESS that spoke palmer
than words the inward satisfaction
at the downfall of what they were
pleased to term "bonanza wealth; )"
and placid John Bull across the
big waters, merely raised his eye
glass, and with shrug of his
broad shoulders, contemplated the
news of the failure much as he
would the melting of snow-house
beneath too hot a sun, and settled
back again to his cigars and ale,
without sympathy or establishment.
With the fall of the Bank, prophets
were born by the score-birds of
evil omen, who scoffed at the idea
Of q resumption, and laughed at
men who dared to hope that all
would yet be we'll. It is notable
that those who were financially
most concerned were most hopeful,
and those who had not q dollar in
the closed vaults were loudest and
surest in their prophecies Of evil.
Yet the Bank of California and all
its branches are open to-day, and
and paying every dollar that is
owing! and that within less than
six weeks from the crash which the
closing Of its doors had caused.
Does not this prove a volume of
truth-that the boosted wealth of
California and Nevada is not an
illusion THAT "the big bonanza
has more than mythical meaning,
and that the prominent men of the
Coast are fully equal to an emer-
gency that would have completely
overpowered the older cities of the
East? When one contemplates the
amount for which the bank had
failed, the limits to which its trans
actions had been extended, the sud
den and lamentable death of its
President and great financial head,
and the almost interminable routine
Of business which must have de-
volved upon the new managers
prior to this resumption, the glo-
rious result which has been achiev-
ed, in so short . time, is nothing
less than wonderful. We have nc
desire for lengthy comment at this
time. We are satisfied to know
that the dark clouds which have
hung like pail over our people
have been dispersed, and that the
skies are once more bright and
cheering. And with this latter
thought involuntarily comes the
earnest wish that poor, broken
hearted Ralston could have lived
TO see this day-for we still have &
confidence in his integrity an6
greatness of soul. The grave may
cover his lifeless clay. and the
tears Of mourning may be assuaged
by time, but the memory of hi.
noble heart and noble deeds shall
live on until time is no more. Tt
the. dead a. forever peace, and to the
living. tried and true hearts of the
men Of the Pacific Coast, all honol
for the noble work they have JUS
performed.
Mr.. A. J. RALsToN has retired
rom the Branch Bank of California
at Virginia City, and is succeeded by
Mr.. J. p. Martin. the former cashier
Of. the bank. Mr.. Ralston's retire
ment was, induced by business con
nected with his brothers estate. II,
Il universally respected, and viii