Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-12-26

PREPARATIONS FOR CRIsrAAs
IN SAN FRANCISCO.
rhs Break in the stock Market and
lIsw 10 Aneets she small Ops'.
atsrs -rsjuss structures on Ne.
Nadia.
a.x PnAxcI.co. Dec. 2i. lsi

BAN PRAScisco, Dec. "a. 1876.
I'd. NKws: While passing along Cali
fornis street yesterday. Was hailed by q
friend. I stopped to shake hands with
him. and he introduced me TO q gentle
man with whom he was converting. Are
you from virginisf" said my now ac-
auaiata.ee. Informed him that I Was .
rsaident Of Virginia. vhsn he glanced
mp .. the blackboard on which ophir had
Iust been sullstined - selling At
sa4s. and. hesving . sigh. said "vir.
ginia 10 going TO bring bsggsry on San
Francisco ; IL will bsggar all our people"
Tho remark was % absurd. and at the
sans time betrayed such = gross unap-
probation Of what Nevada has done for
San Francisco that I did not deem 1t
worthy offs reply. This man had the APP
pcarsnce Of bsing a solid and substantial
-Aa. vhieL he M doubt vas, as I judged
from the company in which found him.
Ne had probably sustained some Losses In
stscks. and. with the feeling Of soreness
for his losses upon him, he made this
ssnssless ani ~ungratsful assertion. The
mere fact Of this one man talking thus 10
Of no particular significance /: hut he 10
not alsns In his sentiments. Many Of the
people Of San Francisco. and oven q por-
ton of the press. every time there 10 q
brsak in the stock market. lose sight of
what Nevada has done for San Francisco.
and decry the business Of mining
and the dealing in mining stocks as
evils, almost a. sheer robbsriss. Tiey
shut their eycs 10 the stately ediiices
reared By Nevada silver. the piles Of coin
miutsd from gold and silver produced In
Nevada and the men made wealthy by
selling merchandise and machinery TO Ne
ya,la. aud cry out that Nevada Is running
San Francisco. I don't blame people for
growing at
rux STATE oF II srocK NAHKrr.
But they have no right to lay their misfor-
,unos 1t the door Of Nevada The dspres-
sion In stocks amsunts to q panic. and
everything 10 doubt and uncertainty. All
.orts Of theories are advanced a. 10 the
cause Of the disastrous decline In prices.
particularly Of mines ON the north end Of
The lode. 1t 10 freely asserted that the
Ophir 10 worked out and that the bonanzas
are referring I; and ~ an Offset Drsxlsr's
published statement isqustsd 10 show that
The Mexican IL q big mine. which only
needs legitimate working 10 make IL pay.
AMI that The drop In its price 10 owing 10 =
10 ruin him and prevent him
obtaining the control through the
courts. II 10 argued that they can't break
MEXICAN without breaking 0phir. too.
and that % bitter is the fight against
Dr,xlsr thai the opposition will press II.
price VI Mexican aud Ophir down 10 the
lowest possible notch. and that nobody on
ths outside can tell where this thing il
going to eud. I am surs | don't know.
In I did. I'd tell. The crash has spoiled
many a mans Christmas, aud brought dis
trees. and even penury upon q large num-
Dor Of people. Margins have besns vept
away like blades Of grass before = prairie
Dire and men who last week thought
themselves pretty we'll fixed in the way Of
earthly possessions are to-day without q
dollar they csa call their own II 10 very
dcplorabls. truly but = person like my
seif. who Is lucky enough not TO be wealthy
enough 10 speculate In stocks, 10 not capa-
BILE Of fully sympAthizing with the mis-
OF the losers. l feel sorry for
thsm /; but I cant feel 50 sorry as ! would
for myself were I In their situation. i
have heard IL remarked that this crash In
stocks would bring out
fhrsh nor o' so''
Suicides. according 10 statistics, are
n.r. ,ru.rou. in San Francisco. Accord
H.. A.. - ,,,x ~ A..
ing 70 PopoiAns"' Una" any ''
world. 40 have sesa u staied IN PRINT
This has been laid to the fast life people