The anti-monopolist., 1876-06-22

either bring no more Chinese, or if they
brought them, that they should take
them back again to China.
Oh! but this would injure our mer-
chants shipping. Indeed, it certainly
would. But is it not better to have the
shipping OF this avaricious ''ring" 90 to
the bottom of the sea or to the devil, than
that California should become region
and nursery for all crimes, land of
'Hoodlums," where neither virtue, re-
ligion or morality can long flourish side
by side with Chinese denominations? The
conduct of the people in their efforts to
check Chinese denominations by petitions
to Congress, and speeches, appears as
silly as those missionaries sent out by
Howard and Delano among the Indians
who were eternally preaching against
the sin of drlTpkenness, while they them
selves through their agents, supplied the
''redskins' with .'rot gut" At last, one
of the Indians, chief named Naganup,
answered the pious preacher by retort-
ing: True, Mr.. Missionary, my peo-
pie get drunk and love whisky, but then
you pale faces make it, sell it to our
people, and smuggle it into the reserva-
tlOuS. IL LuClC ID Slu III I'll luh1uR Wills.
ky you have the guilt and not we. Why
no practice as well as preach?" 1t is the
same with the Chinese evil. The reform
commences at the wrong end. They
put the 'scart before the horse" Destroy
the "Chinese ring" and let their ships
be refused entrance to our ports with
their freight OF living plaques, and no
legislation besides will be needed. Treat
them as our revolutionary fathers did
the tea in Boston Harbor, and this will
end it,
Another source of much suffering and
very demoralizing to the public morals
is the stocking" or the fraudulent man.
ner in which the mining interests are
conducted. The way the thing is done
is in this form: First, a Joint stock COM
pany advertises a mine with a high
sounding name, such as est. Patrick" :"
or ''Pactotus. Say they incorporate at
million dollars, ten a share by a hun
dred thousand persons on paper. They
make an assessment OF $1.OO a share !.
Perhaps in six months or so, they pay a
dividend Of $500 a month on the share.
| Two dollars montn on an outlay of five
or ten dollars is good investment. The
papers which are subsided by the COM
pany write up the mine as fabulously
rich. Then there is rush to get the
shares which rise up and up from ten a
share to 80 in about six weeks after the
dividend is declared All the people in
vest in paying stock; men sell their
houses, or mortgage them; ladies sell
their watches and rings to investand get
| -, k.x md Il fr6nf
rich, namely. the men who sold the
stock when it was $3.50 a share. The
next step is the stock is .'watered !"
that is, instead of a million OF stock it is
raised to ten millions. Then the man
who had ten shares has got now 100
shares. Finally, the big spectators sell
out their million shares tor tens and tiff
ties OF millions of fdollars The next step
is the dividend cases. There is some
.porphyry," or bad quartz in the mine.
an assessment of two shares is called tor !;
and the man who invested ten at first.
now that his stock is watered up to 100,
has to pay 5000 assessment, perhaps, ev-
ery month until his stock and himself are
cleaned out. The end is, that he buys a
revolver and blows out his brains, or
/ lltS HIS lccl uuu mugs uluScll lHtO tiC
Sacramento, rs did Judge Ferris this
week on account OF loss in stocks. though
he lett some $500, 200, a mere tritle, 10 bis
family Finally the stock runs down t.
8 or dollars from 800. and is al
bought up again by the rich men VIII,
sold when it was high. and who mex
year again and again play tn.
same game and get to be millionaire.
and honored and never accused OF fraud
perjury, or blood.
This is how California. of the fines
climate. the most generous soil and tn,
most varied and valuable minerals i
managed by the most unscrupulous ant
thriving set of monopolists and rings.
that ever oppressed country.
In aword we have education withou
enlightment or intelligence; churche
without religion piety, so called. withou
morality, aud legislation and government
without order efficiency or success.
intended to say something about tn
crops. which are promising larg
yield this season. on account of the un
usually wet season. but find my spac
limited. and compelled to close.
Yours very sincerely.
ST. CRoIx.