Year: 1875

Especial Correspondence of the Timesl





DEAR TIMES: Worserer and
worserer, with every probability of
being worserer still, as the old wo-
man said when the chickens took
sick, and morning after morning a
dine of them lay under the hen roosts,
fit only for burial. That has been
the state of the stock market lately !;
and that is the feeling of those who
have seen their imaginary chickens
matched to such bad advantage.


One thing WE have-a virtuous
press. When things get as bad as
they can be, and everybody knows
what fools they have been to dabble
in stocks j; then they come out in all
the glory Of prophecy and say, 81 told
you 50 !" when the fact is,they never
say word about it till the time
comes for prolonged howl from all
the bitten, when they join in with
full cry, and add insult to inj ury,
by telling people what fools they
have been, and showing them up to
wisdom.


1t Is a pleasant thing to be rich
and look calmly down on your
neighbor, who is trying by the sweat
of his brow to earn his bread but
it is particularly pleasant, when peo-
pie have done good days work on
their own account at the expense of
their neighbor, to think how shrewd
one has been and how much wisdom
one has been gifted with to provide
against like catastrophes on ones
own account. We know if we were
in as bad odor as some of our mil
lionaires are just at present. we
should feel in such blissful insecu-
rity as to wish to be insured against
assassination, gun powder plots and
other iniquities, by a company who
had right to forestall Providence
i'm it's designs, to protect us and re-
ceive us for natural death If those |
things go on much longer, and if the
people in California have the pluck |
20 I.nx nf ~
"Old Viginantes," it would not sur
prise us if some Of the swindled
should finally take affairs into their
own hands and see to what extent
they can go in rlghting matters.
We have no protection in law i'll
these things, and if the world gets
wise enough to protect itself by with
drawing from all stock dealing, we'll
and good but if not, shall these
things longer be? is question which
wealthy mine-Owners may have to
answer; and before long, let us
hope that some right may come to
the trusting depositors of hard earn
ed gains, who place their little all in
the keeping of companies who prom
Use dividends, but substitute assess
,ments. Not man in the mountains
works harder than men are working
here to keep the mines going; but
while the workman has his pittance,
the honest laborer who thinks he is
securing a competence by buying
dividend paying stocks, and living
cheap to do it, secures to himself
nothing but the satisfaction he may |
feel in filling the purses of the would |
be millionaires, who scruple at |
nothing to become so.


We are doing our best to establish |
caste al Sam Quentin, and arrange it
comfortably for any aristocratic in
-dividual who hereafter may be in |
aduced to take his place where he be- |
longs in the midst of felons. Quite |
a little colony has been established
in this way, through the illustrious
clerks OF Rosener and the recent
addition of Marks, the late Habor
Commissioner. We might have
large additions if the men who de-
serve to be and are yet not there,
could be added from dishonest min
ing properr.y owners. Whether they
will ever be convicted and end by |
iaining the present nucleus 'estaD-
Ilished there, remains to be proved.


The giddy world of fashion is be-
ling startled out Of its propriety by
1.-THE constant announcement of new
sarrivals for their amusement. De
svivo could not succeed in his at
tempt at an opera season with De
,,Murzka as pr1ma donna, by means of