Eureka Daily Sentinel

The Comstock Research.

In the midst of a business boom that is almost continental, says the Daily Report, California remains stagnant. What will be its condition when the existing boom shall subside, as of course it will? We shall then have to depend on our mines. In former days they bridged us over the chasm into which our sister States sank. California was saved by her gold, and by her neighbor's silver, from the hard times the other States had to endure. But, strange to say, there are many Californians who are now enemies of mining, and rejoice in seeing it crippled and in the hope of seeing it actually killed. We hope the necessary bonanzas will be discovered before the railroad collapse takes place, or our condition—nothing too good, even now—will be very bad indeed. The future of California for the next ten years, and perhaps longer, depends now upon a Comstock development. Without that, mining will be more or less under a cloud here. Of course, the Eastern States are gradually acquiring vast amounts of Pacific Coast mining property; but that makes no boom for California, and a financial crisis in New York would at once check the westward flow of capital. Taking all these things into consideration, the search now going on in the lowest levels of the Comstock is a most momentous one for the whole coast, and involves the future of this city for many years to come.