Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1879-08-08
A GLOOMY OUTLOOK.
The General S~tagnation I'm Bust
ness Circles.

ness (lrctess
On every side and from every quarter
for weeks past, there has come the univer
sal cry OF dull times. Outside OF the par
ties generally affected snch complaints are
rarely needed, for many merchants are
naturally chronic grumblers and would as
sert that business was unusually dull, moi
because they might be doing less than for
merly, but because they were not doing
more. 1t is a homely but true saying
that ''the mere we get the more we want
and it is applicable to all classes OF people
in every walk Of life. There are, however,
exceptions to all rules, and an exception
must be made at this time, for it is an I'M
deniable fact that times a G hard in Eu-
reka, and it is an open secret that several
of our best business men are obliged to
make unusual exertions to keep themselves
from falling into the clutches of the Slier-
past week, and it Is asserted that work has
only commenced. Right on the heels Of
this general stagnation, when q feeling Of
universal distrust pervades all classes,
comes the ill-advised and untimely strike
Of the coal burners to add to the democrat
iZation that seems to have seized our bust
ness men. This strike would, under any
circumstance and ut any time have, prov
en- unfortunate to our business interests,
but at present proves doubly SO, and still
more disastrous results will follow should
the furnaces adhere TO their resolution not
to pay more than a given price, and should
the burners also remain stubborn. There
never has been a contest between labor
and capital where labor has proven vic
torious or where it has been benefited in
the eud Should the present strike con-
tinue it will i'll all probability end as those
in Fall River aud Pittsburg, in the strikers
being starved out. There are two
sides to every question, and there
are two sides TO MS one. The burn
ers undoubtedly have just cause for
complaint, but they should be wiling to
make any reasonable concession. The
proprietor of a dry goods establishment
knows what capital he has invested and at
what price lie must sell his goods in order
to make a reasonable per centage ON the
moun invested, and governs himself ac-
cordingly. The same rule will apply to the
furnaces. The managers would not be
benefited in cutting down labor to less
than living rates or In causing trouble to
themselves and the community by refusing
to pay a fair price for any article of CON
sumption, but they have a natural desire
to see that the money invested by their
employers brings them a fair return. The
burners should understand this, and. at
least. until the present depression is
bridged over, should consent to make
some sacrifices and endeayor to adjust the
matter a~mIcably.
There are several causes that operate
against the prosperity OF our camp. From
$4,000 to $40, 0u0 is monthly sent to couu-
tries beyond the ocean, and IRON which we
never receive the slightest benefit, and
fully $50 600 is sent to different parts of
this country monthly through the IN dunn
Of money-oraers. Just think Of i'll About
5000, 200 yearly from which but little good
is derived. OF the amount sent to other
cities in the United States, the greater part
is absorbed. as the Elko "~Independent"
observed recently. by Cheap John auction
houses in the East and West, who are con-
t~inually sending out circulars advertising
"snide" merchandise and filed up with
wood cuts for goods. These goods almost
invariably turn out much inferior in quail
Ivy 4 titSt TIA Hfit Oitititit but ligt
purchaser has no other reconrse but to
keep them. as to return them would neces-
state an expenss greater than the value of
the goods, and the Luyer consequently has
to make the best of a bad bargain.
Is it not probable that if this sun Of
money was Kept in the county that the
hard times that are now upon Us would not
be so hard after all? In fact, would we
not have easy times in comparison with
those which are causing such general dis
sress ? Is it not better aud cheaper in the
eud to spend twenty-five cents more for an
article at home, where you can see what
you are getting. than TO send your money
off 10 those that sou know not, aud who
will send you what pleases their fancy, and
often times viii not send anything. and
leave you minus your money! This is one
OF the causes OF the present stringent
times, and VIC advise all who would see the
return of the good Old days to invest their
money aud savings at home, in the place
tha they earn IL.