, 1875-09-08
RALSTON.
An Opponents 1scvlcw OF His
l,olfttCO- Financial Cnrccr.
His Plans to Improve His Private For.
tunes at the Expense Of San
Francisco.
Audacions "Jobso Covering Prospective
Profits Of Millions upon :,
hiilftuns.
Tho "Diamond-Mino" fraud and the Big
Bonanza Speculation.

= ~. . n, ,
Tho San Francisco H"0fla" OF aug w pun
.:, H., .'r,,;; - n,,.,,oi.1 r.,oar ~ w;,ti,,, n
tp'st '"s spo"''eo1Au"'eA". 49,. :" r,., ~
Auv o5--t,,c ,yav hrfo, t,o failuro Of tho 1apts
sr.x,at. .:,.,, A.. .;ar ~ ,.,,,,, .,.,,a,,aI
On satur,,y tbo qs.h: hu,. Mr.. Ralatou hnvinc
. =, III. a,..h 4, ~. ,,tn,,r, u. .,roe,,+,.f,,
"',u " ~, "e - ~" ,,n M a,n, u - ,
ao po.ns " . sn1 1o''u" a,o s'se ne"" =;
1872 a. .onndst.a e'eTk If = x. uarriso Who tsk
el!affs. a. n,aasEe1' :" u' SsrassRsa a'earsatr ne
or cAI1ronS1A.
In tho winter Of 1a's- Tho banking house Of Oar.
s:s Es III r;i 4s "'a" sss 4sa ss' Il
out Of about tho latter par al 1t5n; after whIe, y,
Rood tn'atne.s and The insttson VIA regarded -
l.o,ahlo an.i eonsersAtyo urtn aIn9l,t lsesa %l,'
About this time, 1868, I.alston corriyci the Ian
for astabllshllig tho tank ot California. TIC
California stesu. Navigation Comlany. They started
with capital Of so,5DUctd which snn'c y.ara lates
wna Eatse.i te what t. nnw. s',n"'t1hv, III. ~
leading placo anlunE fnan'tal Institutions.
4alstnn, though tho practical fnntid!rr. was
IN .he ciiy WIN weFe u tsr Dlrctrs IN .lsso days
Ns1son was apparently 1no1ess, digen'' aud pains"
ASA uAnnl.EH IN lpJ111cH ANT MAS1ruIAron or
f.E,lts1.trtIEs AND SUPERVISORS.
wo poW taky note uf tho ncrioi when Ill isas.on Is
to lc recognized M scering n1aH using hs rwIftnll
rolitien sn induce public Officers to Dstray tsir lrt.
ed liz atd a. vi, itl,icnccr Of Legislation b, lurro,
rr noans. lis Tho head man In tho inter-
teu years lease u ali t.e wh.r7c* IN thls lily.
tlued that the lessee. should pay 10 Jet cent nj tho
ist1 to tlo ety. ns ~ p t."t saiy f,
REPRESENTED fer the Navigation Company tan Nshad-
way wharf. The Company was nj Tint tims collecting
1arsr. ,iley--tlnt ia, I;alr,ou and his company:
wu:lla have Ia!l tho city $itu month ana 1oekeed
s,'oher wharf, aud Al tho wharses toscher rna,lo
cntlnu,l cause NTH 1Alston aul sent powerful
Thtro n duubt that nt least SlM,0D0
rsns put vi, 10 caHy tho metauro. Thu
Legislature, hownver, Iassc.i bill providing
5nr s cnsrol OF the waser dsont q thsc9 sso"r
Cosi.a'aeIs,-ohsm ~ 10 nc tlesten ~ 'ae 1eS'aaM. @
quo y te people Vi ao 1tasa IT, aFe9, nna sho alhGs
,ena. inaancJ + IN scc,rc ~ n,cctm y thc I+asla
~ M snner M 81 tic 9bny d%n9 20 ~, ~ re 20 sUaa 70 M rs
MEASURE IN fsition 70 destroy It IN 10 execution
1e EonnnSsoneIs soon o1tnn.si lossess1on q scseo
md al ".ee de7oe,t tho ero harbor rsysnns 70 ths
feennalrueton OF tbo "nmrseH thf"o " .Le "naltSA
session of I.astoh and his s;exnl,Saueati,n Com
ls1y, GIay st!eot mh1r snu asts 'rGs' IT, t1a,s
seaahea 10 ssfa 'nn M EVE fa nj rSis
lE MARES sUccEssYu1 "ssoxErEp F1aHr."
CO Cou,n!rsieners term expired, and lsa.to,,,
through the be,a'" Convention. 1ocurad tlo noni,
was tcu made up Of ono feeble friend Of sbs b. and
two 1nrn acceptable TO Raston Ihe n't 1or te recop
e o. e goo ye W. NJ no. 1 ~.
nlised fur &oo not long !efofe tho Genital iarthc
Company bought ont Tue team NaS1Ea,oq es oomIsny
reee3od ii moneys collected "a tc sh.rvo, During al
sloooo year-or ssoo,too IN n.s yesrr. F,r such !.
caan tue Commission, manipulated ny ttanson anu
s Gsas l. n sa sai r's
0sh efforts Of 1salsion aud othrr nen &c cooIErasin9
n him. s city ot roI ion M e, ts.T IT
,1s cossEcT1os WITH TIE DE nAuo cLA1H--wny
he WANTED TO rCT !, II, FELTON, tS THE UNITED
m 1he III, ~ IN: Afr r,ss,on n.rt shovea h. sn
s " y R fs Ill., Of " nn1 = - ne aer asn Gh a
anlsne1lcnt VIZ IN tn aatr ta tbr r1 th.t ho
Il ." ar os, II II .ss en.,r ~
EeLin delcnatI,u, waa ,iefeatf1l npi Felton, w.6 sct
s oo5S oSs .essi,s sIs IL. .", :apsSf :, H. s3
Into speculation viii several gentlemen N i'll ~,
was .Iouaht nlsht be- 50 surveyed ~ 70 cover i.rg
rsy mIions isalston was the central 1arro III thja
sunc1,atn. Thn uttorneys werc acnstor Stewart. ui
Nevs.is, sni John L. Fclton, os Fan Francisco What
ryerfu1 att1ruey Felton, would have Enade, fortified
~ sest III tho Heuato Of thp unitsi Ets;es, Tku
an 1rutnry hsIonuet either 10 lbs pureiasera unrr
d. ilaro' Or ii tns tte failed, then 10 ihe Un!tctl
taty, Eoiuu tlI not hui cod lid 70 10 Washington
Is s.n.or IN iso7. Representative Of tho I'ustia
happensd to b IN Washington hat winter: as1,ator
teutaIy II the htorney rneYes ONCE that nan Fran
cisco Wa th7eatensl with tho speedy cormatlou Of
tbs De lIaro cal, it ocolns that by tho tnuence oi
Senator Conucsb blu had 1reyjouay passed Cougreks
ceiling 10 ssn Francisco III The ti.ls watch tho Initr
{tga had to INV land an this t,eutusnla eaF te mil
4tary rceeryr For iAs rtaaet tAs UDitoI Ktars had
no Interest In tho 10 Isro sut Thu Attnfuey-t}cue-
rnl would have no right to appear 1u court aud onHI1e
1ta confirmation Tho CITY IT Han Franc,sco WI i.o
aware nf the danger, bad 10 attorney 1t Wahhin9tup
and atd not kuaw tho auit was about Z
tne tHni. Ihe attorncyS for Mo D.
liaro claim Wrro on hand IN full force, Rl
prepared and hati powerful fEirndH d ,edr lscry
ftanH had hfen arranged IL mafe the cu1frmatton o
the claiu Huro Tbs representative of tho AtttetaH
al.1mea 8 tho sstuAnoa thou9ht Il ass dnsy u tc!o
Fr1ph anu 10 write 10 alayof C1u In few lays TIL
Mayor hnd tnleRrHphe! Il QUO 10 ssator Coe, thus
tanning him ~ counael 70 ook utter t.e ami Ns
rf%iu1f THH