The record-union., 1895-12-19
v DICE OF THE PRESS 81
Expressions From the Newspapers o
Interior California.

Expressions From the Newspapers of
Interior California.
Oroyille Register: The people of the
great region east of the Rocky Noun
tainS appear to know little or nothing
| about California. In the metropolitan
dailies of yesterday is an item about an
| Englishman who is coming to California
to test the raising of angora goats Why
call it a test when we have been rails
ing angora goats successfully here for
the past twenty years. There is hardly
a spot in the State from the bottom of
the lowest desert to the top of the high
est mountain where these goats will
| not thrive.
LOOSE BANKING.
San Diego Union: The truth is there
has been altogether too much latitude
to financial institutions whose hopeless
| ~ lnSolVent condition was disclosed by
the panic of 1893. When these con-
Germs closed their doors the self-styled
| friends of the depositors had much to
say about the terrible consequences
that would result from enforced liqui-
dat1on, receiverships and the general
sacrifice of assets This clamor was so
strong that several banks whose affairs
should have been summarily wound up,
| were allowed to run along in a state
OF nominal liquidation, the people who
We're responsible for their downfall be-
ing suffered to remain in control The
Peoples Home Savings Bank of San
| francisco was one of these concerns;
another is at Riverside, and there is a
third here in San Diego. Each one of
| these institutions went to the wall be-
cause reckless financiering had render
ed 1t insolvent. Nine-tenths of the mis-
chief was due to loaning the depositors'
money without adequate security.
ARMENIAN OUTRAGES.
Fresno Republican: There is little
doubt that the reports of Turkish
atrocities in Armenia are somewhat ex-
aggerated, but after due allowance
enough remains to convince us that the
Government of Turkey should be wiped
out OF existence. 1t should be Wiped
out because it is signal and absolute
nature as Government. It's people
are groanlng under the worst system
or mlsgoVernment that exists. and its
| existence can only extend to such time
as England and Russia may be able TO
| come TO an agreement concerning its
DIVISION With the control Of the Ros
phorus, the invisible object of their
StriIe, this time may yet be distant
nut the nearer at hand it NAV he +ba
Soi.:1! VIII De the satisfaction of all
clFlllzed people. That decayed des-
Potlsm has created enough misery. and
the sooner it is deprived of its power
for evil the better
GOLD MINING INDUSTRY
oakland Times: From all the differ
ent mining districts in the state od-
wees continue to come to hand report
ING general activity in gold mining
Never Wlthln California's history has
SO much life been noted by the nress
Oi0 abandoned mines are being oDened
up. many of which are proving to he
large producers of the yellow metal
nile old claims are being opened I'M
new locations are in no wise being neg
| Iected, for in all directions there are
confirmed reports of new mines being
worked with profit, while work in Others
is OF very promising character. IT is
| asserted by we'll informed parties that
| CALIFORNIA; output of gold next wear
VIII be almost double that of 1894. Not
Only VIII this States production show
remarkable increase, but that of
Arizona, Nevada, Washington, Oregon.
Idaho, Montana, New Mexico and Col
ofado will also show a gratifying in
crease. mat OF the latter State partic-
ularly so, owing to the wonderful rich
ness of the gold mines in several of the
! mining districts. The increasing pro-
ductlon of the gold mines is attracting
! capital from the East and Europe. Tt
is given out in we'll informed circles
that many million dollars have been
invested already while still larger sums
are awaiting investment. This quite
naturally has caused mine owners to
hold their properties al higher figures.
with very large number not disposed
to even sell al a marked advance on
| prices named a year ago. This i'm
provement in gold mining lays the
foundation for much better times on
this coast, for naturally no one industry
can grow without directly or indirectly
faVorably affecting all others.
THE PUBLIC FUNDS.
Santa Rosa Democrat: The decision
in this county on the custody of public
money has attracted wide attention.
The Sacramento Record Union has a
two-column review adverse to the con-
clusfons of Judge DOugherty, and the
Call, Chronicle and Examiner have
TACOMA'S SAD EXPERIENCE.
San Jose Mercury: The inevitable
outcome of a policy which permits a
lot of constituencies politicians to gain
control of the management of a large
city is fOrcibly illustrated in the case of
the city of Tacoma. As the case stands
the city has contracted a debt of So
O00,00O, and all there is to show for the
expenditure of this vast sum is a water
| system without water and a few public
buildings. the whole being worth less
than a million dollars In other words
four million dollars have gone to enrich
rev lndlNlQualS.
In order to realize the enormous bur
den laid upon the people of the city,
let it be stated that Tacoma is a city
less than twice the size of San Jose and
with an assessed value of less than 80
per cent. more The great debt of the
city must be paid by the people or else
they must surrender their property for
its payment. All property will be de-
preciated to a fearful extent and hun
dreds of people will be compelled to lose
their homes and to leave the city Com
merce cannot exist under such heavy
burdens as must of necessity be placed
upon it and trade will naturally seek a
more congenial locality. What the
citizens of Tacoma can or will do under
the present exigency cannot be prophe-
sled. Whether they will abandon it,
permitting it to return to a state of
primtiveness, or whether they will
struggle with their burdens remains to
be seen.
To point out the moral of Tacoma's
tale of municipal mismanagement is
perhaps unnecessary. 1t is simply the
same kind of management that most
cities suffer from, only in an aggravated
form. 1t serves to illustrate the newt
able end of using public offices for pri-
vate gain. 1t makes apparent the ne
cessity of selecting public officials with
a view of securing the same business