Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1877-12-07


STOCK GA4DL1N0.
We copy the following very truthful
editorial from the San Francisco Rbrti-
CO. The evil 10 quite ~ prevalent in
Nevada - II 10 In California. and hence
~ reproduce the article for the benefit
Of our readers: Zone of the crying
evils Of California IL stock gambling.
This remark may not smack Of origi.
naiity. Nevertheless. 1t Is one of those
truths which will bear repeating. This
species Of hazard yearly, monthly, We
might almost say daily. lures hum
drsds, IL not Thousands. to financial
ruin. 1t IL not l~esisimately an adjunct
Of any industry Whatever. 1t is . con-
slant drain upon the hard earnings Of
the poor, upon the modest resources
Of the comfortably well-to-do. 1t be-
gets . blind. fatuitous reliance upon
mere chance nd arrests the generous
spirit Of Industry aud thrift. 1t bears
no honest relation to the great work Of
opening up aud developing the hidden
wealth Of the mines OF this coast. On
the contrary, It Is . bastard which,
making false pretsnsions to the right TO
the throne, enlists IN irregular army
Of half craxed recruits who, for the
most part, fall missrably by the way.
leaving their places to be filled by
fresh levies from the ranks Of the
credulous, the covetous and the simple.
1t 10 disastrous In almost all Of its
influences. It's hard and cruel exac-
lions fall with crushing weight upon
those lesst able to endure the tax
which the broker demands, even as
the daughter Of the horse lsech, which
cries fnr more. more!' The path
along which the system has travelled
aiuce its organization is marked by the
rcd rag OF the ~auctioneer, the station
nag of the surveyor Of the double
track OF bankruptcy and despair.
Houses and lots, homesteads and mer-
cantile establishments, family pictures
and family jewels. mans good faith
and woman's honor are the CHASTITY
trophies which 1t has wrung from its
and ever-increasing army
of dupes and victims.
Not less than six thousand men, in
city, live on the proceeds OF the
singular infatuation which keeps this
alive. Their expenses range
from ten thousand dollars to one hun
dred dollars per month. That gentle
man. whose claret colored coupe.drawn
BY . housekeeping charger with a
strain Of the best trotting blood
10 his veins; that dapper youth, with
; pair Of quick eyes half hidden by
The turned-down rim Of . tourists
do you the honor, patient reader,
to live on your labor, or the fruits Of ii.
They toll not. neither do they spin, but
you are not arrayed Al they are. You
rise early and retire late. your muscles
with . hard days work. and the
which Is your reward, you put
In . sort Of . general contribution box.
and that Is the last you see it. 1t is a
singular theory upon which you pro-
csed-your own business most un-
questionably.
A few days ago not less than one
dollars changed hands on .
deal In Ophir. Here was the making
OF nve hundred homes, taken. for the
most part. from people who could just
about ~ well afford to throw it away
to put it into the pockets OF the in
siders.'
Already plethoric bank accounts
have been swelled; resources. moi equal
to the natural demand upon them for
food. dre. clothing and light. have
been either wholly exhausted or
drawn upon until nothing il LEFT but
the mere dregs.
Vnogo - only u quoot1on connected
with this subject. Is it not better to
avoid these q~uicksands. to trust 10 the
right arm Of labor than the tickle dame
who ID tabled to preside over the
wheel which sometimes stops where
tho finger points to . prixef Loss and
gain and gain and loss Is = syrsn's song,
: witch's cantiole, like that heard up
on 'drsary Lapland moors,' and
whioh. oncs heard, 1t almost seems.
can never b forgottsn. never cease to
lurs sew victims 10 their own un-
doing"
1U9 CALIFORNIA ENATORsHIP.
The Senatorial tight II the all en-
grossing subject over in our sister
etate. Sacramento swarms with
crowds Of politicians and wire pullers,
and the respective candidates and
thelr ftiends are busy fixing things to