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Collection: Books and Periodicals > Hutchings' Illustrated California Magazine

Volume 3 (1858-1859) (592 pages)

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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