The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1875-09-07

Cath in the Philadelphia Times.
The difference between Ralston and
Sharon and Flood and O'Brien was this;
The latter went at mining willing to
wait for return, ploddlng and feeling
about in secrecy, Fenian style; Ralston
wanted his gains at once. His theory Of
business was ''now and often" the new
corners worked on the principle of 'quiet
and sure Besides RalstoD's manage
ment Of the crushing, milling, asssying
and railroad power mad got to be q mon
opolv, be had sustained the Republican
ticket generally, and the new Irish party
WAS, Of course Democratic. He had been
friendly TO the Central Pacific Railroad,
which had just absorbed the Sacram ento
Jnion newspaper. The allies OF this pa
per in San Francisco-the Bulletin and
the CGlL two strong journals, independent
in politics-knew that Ralston held such
II mortgage on the Alta California, their
rival, that he controlled 1t. So the new
Bank Of Nevada under Louis McLane,
the son Of Andrew JacksOn's Secretary
Of the Treasury, the bulletin and Call
and the Democratic and Independent par
ties went in together against the bank OF
Ralston. Its credit was inpugned, its
master indicted. His money and the
bank's-for he was the bank-lts whole
genus-and his private account ran par
ullel with the bank's-distributed in Il
hundred material enterprises, mills, wag-
on-works, real estate, wooden mills, irrl-
eating dams, Aqueducts-what not? The
encmy's money was in pile, and being
replrni>hcd at the rate OF $1,000 a
month. Meantime gold was high in New
York, and the United states Treasury
buving. The saloons keepers kept their
pile Mt home. When Ralston reached
out for II they would not loan. He could
not pay drafts and acccptances. They
would not now take his bank MS n gift, n
the moment was opportune to totally de-
moli,h Ralston's combinations and take
what was profitable out of the wreck OF
the estate. particularly the Union Mining
and Milling Company and Railroad OF
Nevada. This read had almost literally
cost Rslston nothing, being paid Tor by
the mining companies, and 1t had been
Aladdin path TO him. The strong man
had made himself 50 strong that there
WIS nobody to save him. And when he
saw ID o. Mills and the saltwater PEG.
ole take his bank and order him 10 leave
the room,
Then. in a mantle muilling up hi> face,
Great Cesar fell.
He went from that bank whore he had
been the pleasant autocrat for eleven
ycnrs and threw himself into the sea- for
ihrr. WAS no religion he had ever learned
except generosity and enterprise. II"
died II bold man Mt the end OF drama
where he had been The hero throughout,
and his death had that heather quletnes'
and lYr.,udr in it which his face became
Not perfect, nor yet M example, he had
q run.t;f character. The worst of AL l.
that so much kindness and chiyalry were
not parts of any formula of living which
the historian can commend Bred rough
IL. inspired by Il Garrison, he had moth
inc for his wealth 10 ornament bat So
cial spirit and love ot his coast and her
development. The poorest Chinaman in
California was Weather III poverty than
this leader of the coast. Louis McLsnc,
who has been good deal on the Pacific
side. Is son of Doris Mclanc, of Della
ware. who aitcrward settled in Cecil
County. Md, and finally in Baltimore