Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1886-11-19
DEATH OF EX-rRES1DEAf
ARTHUR,

of ex. Presldent Chester A. Artnur, al
his residence in New York. He had
been in poor health for a year past and
his death was therefore not wholly un-
expected. The immediate cause was a
stroke of cerebral apoplexy, producing
paralysis of the right side. As a matter
of fact, Mr.. Arthur had been in declin.
ing health since he left the Presidential
office. The failure to get the nomlna'
ton of his party for a reelection broke
his spirit, if not his heart. He was
never the same man after that defeat.
He was not big enough nor game enough
to stand reverses. This reflects a very
good idea of the man generally. He
was not a statesman, nor anything APP.
preaching it, though he managed to
carry on the routine of Governmental
affairs in quite a respectable and salts
factory way. He would have made a
passably good County Commissioner, or
District Attorney or Road Supervisor,
in a small county. He was a man OF
som polish in manners, and gave more
attention to how the pictures and bird
cages and flower pots about the White
House should be disposed than he did to
matters of State. He dressed obtrus.
lively loud, as a rule. He was a man OF
magnificent physical proportions, though
a bit gross, on account of high living.
Disappointment and excesses, of more
than one description, killed him while
yet in the prime of life. 1t was an open
secret, about the time Of his retirement
from office, that he felt keenly his break
with Mr.. Conkling-if break it may be
called. He owed his position to Mr..
Conkling. After reaching the Presi.
dency he began to drift away from all of
his old associates. Mr.. Conkling cut him
dead, refusing to have anything whatever
to do with him, and at the Chicago
Convention the entire Stalwart gang
went against him. This furnishes a con.
spicuous illustration of the fallacy of a
public man attempting to trade off his
old friends for new ones. Mr.. Arthur
lost the Stalwarts, by ignoring them,
and failed to draw from Mr.. Blaine's
forces, Notwithstanding he cuddled in
that direction for two years with choice
Executive favors.
But withal, Mr.. Arthur was a clever,
respectable, and self-respecting American
citizen, of moderate ability. His eleva.
tion to the Presidency was an accident,
beginning with his nomination for Vice
President. He had not occupied that
prominence in public life to entitle him
to it, and he was merely placed on the
ticket to placate Mr.. Conkling. Those
who knew him intimately say he pos
sessed kindly and generous impulses.
He leaves a son and daughter, both
grown. His age was Sc. We regret his
death, while yet so young.
THE NEW
The late rise in mining stocks is at
tributable mainly, if not entirely, to the
discovery of a new and extensive ore
body in the Con. California and Virginia,
in the middle section of the Comstock.
Mines situated a mile away, on which IN
some instances no work has been done
for years, have moved up with the craze
resulting from this single discovery. The
price OF shares in adjacent mines might
reasonably be influenced by the knowl'
edge of a contiguous bonanza but there
is no earthly reason for the advance Of
the rest. We caution holders not to be
caught by the m%anipulators OF Pine
street. There may be money on merit
in the mines in the vicinity OF the new
bonanza, but even in that quarter due
prudence should be exercised. We only
hope that the prospects of the grand old
Comstock are as bright as the newspapers
in the west paint them.
The Chronicle gives the dimensions OF
the new find as being $50 feet long, 400
feet deep and so feet wide. This is quite
a"kidney" of ore indeed; but the Chron.
iele does not base it's estimates on actual
measurement. There is some guess-work
in the case, particularly as to the width.
The Chronicle further estimates that
this bonanza is capable of q gross yield OF
$50, OOO, 900, of which $lZ, eco, 900 should
be clear profit. This would give $50 per
share in dividends, on a stock to-day
selling below $40 per share. On the
Chronicles basis of calculation the divi-
dends would pay | per cent per month
on a valuation of 500 per share for the
stock. We confess that we are skeptical
regarding these estimates. 1t is too
much pork for a shilling. The figures
are TOO big, we fear, by a large majority.
Again we say to operators, go slow, and
- H. 1900