The Pioche weekly record. [volume] (Pioche, Nev.) 1877-1900, 1878-05-11

TIE ?loeBs WEEKLY RECORD,
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SATURDAY. .........MAf IL. 1878
A curious feature of many recent bank
ruptcies has been the charge that the
failure was duo to large investments in
improbable gold and silver mines. and
the assertion is supported by the appear
ance among the assets OF immense
quantities of mining stocks. The N. Y.
Engineering and Mining journal says it
has come to their knowledge that there
is constant inquiry and demand from
business firms which contemplate "mak-
ing Nh assignment" for large quantities
of stock of some mine that has been
more or less known. 1t is not at oil
essential that the mine be worth any,
thing, but it il essential that q large
amount Of the stock be obtainable for
very little value In the form OF boots and
shoes. dry goods, hardware and nick
hacks. The stock makes fine show in
the list OF assets. and gold and silver
mining gets the credit..of having caused
the failure, and is condemned by each Of
the baukrupt's numerous creditors as
''ruinous to any one going into it."
--~s----
There are some hopes for the South
after all. Strange as it may appear, the
Mobile Register, one Of the leading
Southern papers. comes out in favor OF
universal education. We quote: "Ignor-
ant men in large bodies can only be
ruled by intelligent force; and States
men Of all countries know it. To edu-
cate the people Is the plain duty of the
State, and one that is fast becoming
recognized and fulfilled by all enlght.
ened countries. The property within
State is under obligation to educate the
children. however poor, of every inhabit-
ant. This is a law of modern civiliza-
ton. 1t 10 greatly to the advantage of
property. holders to recognize and carry
into effect this law"
Chace, the great Massachusetts de-
faultsr, is defended by his lawyers on
the ground that no technical embszzle-
msnt exists because Of the general au-
thority given the Treasurer by the Di-
rectors of the Fall City Mills. and that
he had no intention Of robbing the cor
poration of $500, 1000. but through me-
glect and circumstances beyond his con-
troll" he became involved and the huge
losses came upon him before he knew Of
their extent. If this kind of defense
holds good Massachusetts defaulters will
smile and look forward to good times.
-
Ex-Congressman John Morrissey died
at his home in Saratoga at 7:30 o'clock
on the evening of April S0th. His
funeral took place at Troy. New York,
on the 4th instant. Intimate friends
state that his property will not realize
over $40. 900, and that the estate will not
cover the indebtedness. Some Of the
papers take pleasure in throwinn dirt
at the deceased Morrisssy on account OF
his early career. yet. for honesty and
truthfulness, they are all forced to admit
that his record is pure and spotless.
A dispatch from Mexico informs the
world that grand complimentary review
OF troops was made in honor OF JEFF
Davis recently. The OF. Confederate wal
mounted and in full uniform" Wha
that uniform consisted OF one 10 rather
delicate about inquiring. Did it, in thu
interests Of modesty, necessitate side
saddle?-T Beaumont Courier.
The JEFF Davis who received such hon
ors from the Mexioans was General JET
O. Davis, one OF the most noted General
In the Union army. and who concluded
the Modoo war.
s. +. Call: The Coso News asks in al
editorial caption "Are We Beggers?'
We can only speak for ourselves ant
frankly own up that we would sometime
like to be, when We see the nice, cas-
times beggars have. Nothing to do bu
loaf around street corners, talk stock
and gossip. mash the pretty girls Roin
By and drop into the corner for littl
Bourbon between times. Oh, begin
beats newspaper work all to nothing!
Since tho existence OF the Bank q
England, the paper for its notes has bee
made by the Portal family, whose ance,
tor came over from Bordeaux in barr.
after the revocation Of the Edict q
Nantes. bringing with him the art {
A.