Year: 1875

We are growing down here terri
bly,. There is q low muttering sort
of curse. pervading the atmosphere,
and everybody wonders what it is
to lead to. There seems to be no
way of getting out of the difficulty,
and people don't like to face the
music and pay the piper, ..rs


When things get as had as they
can they generally mend. but the
question is, are they yet as
bad as they can be? The Trust
Company has gone into liquida-
t;on. If the "Chronicle" is to be-
lieved they will pay every dollar !;
if we are 10 listen to outsiders, who
know nothing about it half the sum
will have to satisfy us. The real
trouble is that luck and not brains
have placed our monied men in
their present position, and If tnan-
cial ability is not necessary to ex-
tricate us it never will be-


No man who has jumped into a
fortune 10y rise in stocks, is capa-
BILE forseeing all the good, or all
the evil he may do, by a wrony
manipulation of finances, unless
previously gifted by power OF for
seeing, which very likely would
have kept him out of them alto
gether; consequently, at the head of
affairs in San Francisco, there is
not single man to whom we can
look for help in our present
dilemma. t- ..5-


Flood & O'Brien have put their
foot in it so far as bank is con-
cerney, as they have only build
ing, few depositors and not much
help to offer anybody. Sharon
must be standing on the verge of
delinquency, otherwise bis name
would not have been used so freely
as it has the past week in the way
of rumored failure. He may slide
over, he may have good clear
head. and has an excellent oppor-
tunity now to prove it; otherwise
he may be the next to step down
and out, and receive one of those
wholesale lessons in adversely,
with which California is wont to
favor her populace.


Money is tighter than ever. Every
body distrustful, the newspapers do
their best for things TO feed their
patrons with, part made up of dull
est lying and sorthing hope, and
stock brokers manipulate their
stocks and sell on margin, helping
their patrons to keep their feet in it,
in order that the business may not
be broken up altogether; but the
money is hidden, lost or stolen
from California. and people wall
and wonder as to what next is to
happen. ........, ...,


Everything is being-done to help
the Palace on to success that is pos
sible. An attempt is being made,
it is said, to persuade the Govern
ment that it very much needs the
Grand Hotel for offices, aid as
great many of its rooms are ruined
by the overshadowing monster, and
its entire beauty lost in its proximity
to the great caravansery, it might
as we'll be given over to something
gloomy altogether, and if the Gov
.ernment has any money perhaps
it will, and help the representative
of its founder out of their difficult
ties. ....s


The Stanford House is still pro-
crossing. 1t looms up like the tower
of Babel above the city, seeming like
something ilnpious, at the present
crisis, almost audacious. The ram
pant around it, on Pine street, will
cost in the neighborhood of 100000,
and is about as useless and senseless
piece of solid masonry as has yet
decorated our city. A succession of
terraces would not have required 50
heavy fertilization, and would have
been far more ornamental; as it is,
the whole thing is pretentious and
defiant. Mark Hopkins and his wife
Will have. the pleasure, one of these
= days. OF occupying one corner of the
block with Stanford. The progeny of
both families amounting to one, who
may live long and be happy in the
possession of his half of the big stone
wall and wooden castle, will prob
ably have enough to do to attend to
its operation when he is of age to
maintain it, without any attempt at
further self-development in the way
OF money making. Every stone in
the wall of that big structure repre-
sents the turning of the wheel which
has ground from the poor emigrant
the wherewithal to build it, and the