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Volume 3 (1858-1859) (592 pages)

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Page: of 592

Chitor’s Gable.
Tuerz are probably as many different inventions or plans adopted in this State for
getting a living without daily labor as in
any other place of double or quadruple its
size. It is amusing to see the resorts of
human ingenuity. The mind seems to be
continually upon the utmost stretch to find
something new to attract attention—with
which to acquire money—the great object,
of course, which, when honestly got and
value given, is right and honorable; but
here every manner and kind of “ dodge” is
resorted to—no matter how dishonest may .
be its aim—if it will only bring to the inventor money. If he succeeds in acquiring
a competency, he is extolled as being a
shrewd, smart man, and receives the congratulations of “toadies” and sycophants
accordingly; if he fails in his dishonest
practices, justice is not slow in ferreting
him out and sending him to the State Prison. There is no disguising the fact that
our great prosperity in former years was
unreal and made us all reckless—led to
extravagance, to rampant speculation and
a fictitious idea of prosperity. Real estate
advanced to enormous prices; every man
expected to make a fortune in a day; money was plenty and credit still more so.
Under this state of things every class of
people rushed madly into speculation and
trade, purchased property at enormous
prices, erected houses on credit, borrowed
Money at an enormous rate of interest,
rode ‘‘fast horses,” gave champagne parties, and in many other ways lived and
fared sumptuously. Such a state of things
could not last long. It was a fictitious and
and unreal prosperity, and when the bubble did burst, it was but natural that the
country would feel the dread effects of it.
From several gentlemen who have recently
been through the interior of the State, we
learn that the preparations for mining is on
a more gigantic scale this season than on
any preceding one. There is no complaint
of hard times with them as with us. The
quartz mines now in operation in the State
yield a handsome profit on the amount invested, and the rich placer diggings still
continue to contribute their full supply
to the golden stream. The interior country
hag resumed its prosperous condition, but
we cannot say as much for its commercial
emporium. The city hag never fully recovered from the great financial shock jit received in 1854 and subsequent years. Our
citizens still harp on hard times, and in
the rush and scramble for gold, far too
many of them appear lost to the means by
which it is acquired, so it is obtained. If
we would advance again in social and commercial prosperity, we must not altogether
lose sight of those cardinal principles of
honor, truth and justice between man and
man in their daily intercourse in business
life, the real and essential requisites to a
sound, healthy social condition. Without
them we shall retrograde. With them we
have much to hope for in the rising grandeur of our emporium, and shall have no
occasion to complain of hard times in the
future. A man of modest merit will find
amplitude of space in the interior wherein
to exercise his abilities ; a man of industry,
firmness and rectitude of principle will see
spread before him scope and channels sufficient to satisfy. The emigrant, the day
he arrives, should seek employment in the
mining districts. If he does not wish to
mine—if he is a mechanic, he will there
find field enough to occupy his attention
and well repay him for his labor. By far
the best class of our population are in the
mines, and if the “new comers” -would
hope to succeed in this eountry they should
make. up their minds, before starting from
their homes, to go to work immediately