Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-11-01
THE ELECTION AND the STOCK
MARkRT.

tew oAyb w toe NA"s -
the probable eject Of the election o.
Mr.. Tidsn upon the financial Interests
Of the country. and the national credit
al home and abroad. The events Of the
past two days have Sssn Of . nature to
confirm NJ in the opinion that our
prsmisss we're sound. and the sonelu-
,ious dsduesd from them Logical and
correct. Day before yesterday every
prominent banker in New York and
many Of than are Democratic In pnn-
cipls-issusd an address 70 the American
people. urging them 70 vote for Hayes
and Wheeler. and warning them that
the election Of Samuel J. Tilden would
result In . financial panic and the ruin
Of the national credit. Yesterday. the
business men Of Syracuse issued . aim
liar address and appeal. Many Of tho
men signing this paper are. a. We have
said. old.tims Democrats. But they
think more Of their pockets than they
do Of their politics. They are shrsvd
enough to see that the time has MOI yet
come for . change OF parties. and 70
AVE their msnsy they will vote the Re-
publican ticket. and 20 FAR ~ thsir in
fusncs goes. see 10 Il thai Il 10 elected.
Here on the Pacific coast the result
Of the election Of Tildsn would prove
even more disastrous than In the Esst.
In Nevada. especially. u great indus
try 10 mining. Take from rs the power
" work our silver minss. and u young
STATE sinks into insignineanes. But We
cannot work thsm without money. and
nsnsy always Ands il way whore II will
pay best TO invest Il. 30 long - mining
stocks are pshtabls 10 capitalists. 80
long capitalists will buy and sell them ;
but the moment they see . chance Of
getting . better return for their money.
that moment they will seize the chance.
aud throw our minss overheard. This
is the logic Of plain common sense.
The late tumble 10 stocks. and the sin.
gular apathy manifested BY capitalists In
dealing in them. 10 due entirely to the
fact that We are on the verge Of . Prssi-
DENTAL election. The men who bold
the money which is the solid basis Of ali
transactions. are quietly waiting 70 Zee
the result Of the election. Il 10 for this
eason that money is scarce and times
hard Just nov in Nevada. Men are not
goins to risk their coin On an unesr.
taiuiy. aud until next Tuesday night
everything connected with business in
this country 10 uncertain. Now what
will be the resultif Mr.. Tildsn 10 elected
We have already shown. and the
bankers Of New York declare. that such
an event woulj have the immediate
effect Of running our credit At home and
abroad. European capitalists arc not
such fools a. 10 trust their money 10 the
keeping OF the men who have ones be-
traysd their countrymsu. and who
arc nov seeking to fastsn N additional
debt Of millions Of dollars upon the
nation. In the shape Of var claims. Our
bonds. which. under Republican rule.
sell q, . prsmiam. would depresists at
ouce. Grssnbacks would decrease In
value. and gold would jsmp ., osee to
an unreasonable premium. In that
event Wall street would BE- the great
outlet for tho coin Of our capitalists on
this coast. II would pay them far bet
ter to speculate there than in u mining
stocks at home; and the capital ono.
bsing taken from us. stocks would fall
10 q minimum price. Our great industry
would Be p~aralyrsd. and We should
learn. when too late. tho true meaning
Of Democratic "rsferm."
Citizens Of Nevada. thsss are facts.
The laws Of finance are immutabls. and
cannot Be violated without sntailine dis
astsr on the violator. Are you willing
b. your votes to aid In plunging this
nation into all the horrors which as-
company . panie' Are you willing to
see the little money which still remains
on the coast. dow Eastward TO enrich q
few New York capitalists at the expense
Of yourselves and families, II you are.
then vote for Samuel J. Tildsn. But
10 you want to see prosperity return; u
you want to zoe the stock market q c
again in . healthy condition; east your
ballots for Rutherford b. Hayes. n
the party which established the national
credit. and has maintained 1t for sixteen