The Massachusetts spy, and Worcester County advertiser. [volume] ([Worcester, Mass.]) 1825-1831, 1829-05-20
RALEIGH. IN. CT Nav ).

RALEIGH, IN. c. May 5.
The GOLDEN REGION. Few persons not
residing in the immediate vicinity of the
Gold Mines of this state have any adequate
conception Of the extent Of the operation,
which are carried on for procuring the
precious metal. In this section of the State,
the people talk of the Gold mines, but they
have very imperfect idea of them, and but
little knowledge of the vast sums which they
annually yield. They have heard of indivd-
uals digging for Gold, but they have taken
up the impression, that the same amount of
labor, directed with the same zeal to the
cultivation of the soil would create a guam
tlty ofproduce ofgreater value in the market
They are not aware that science and skill
have been put in requistion, and that sys-
tenn has been adopted for working the
mines, which ensure regular profits and
renders them extensively productive. 1t is
true, the great deSiderdtum of labor saving
machinery has been but recently put into
successful operation and is confined as vet to
water and horse power but preparations
are making for that of steam also, which
will greatly facilitate the process of obtain
ing the Gold, and enhance its profits. AL
ready there are several companies from the
North and South engaged in business, and
and we have recently heard of the formation
of company in Baltimore, with a capital
of $4,000 Cor working a mine in Cabarrus
Indeed, monied men from every quarter of
the Union, are purchasing up land, for which
they pay extravagant prices. Foreign cap
italists have not thought it beneath their at
tention to visit the Gold Region, for pur-
poses of speculation, one of whom informed
US, few days since, that he had just re-
turned from visit to the South American
Mines, and that those of North Carolina
greatly exceed them in richness.
In the county of Mecklenburg alone, it is
believed the amount of Gold dug from the
bowels of the earth IN each aCeek, produces
$4,000. And it is nothing uncommon for
the merchants of the town of Charlotte
when they 60 on to make their purchases,
to carry with them from 10 to 40 pounds of
the precious metal. 1t cannot easily be
imagined what life and activity is infused
into every department of business where
the only Bank which is required to relieve
the wants of the people is bank of earth.
10 such of our citizens as have the abli-
ty and leisure for making summer excur-
slons, we would recommend trip to the
Gold Country. The Superintendants of the
Mines are obliging and communicative, the
citizens are proverbal for their hospitality,
and the salubrity of the air is equal to any
in the world. A few days spent in personal
examination will give an individual a more
thorough insight into the manner of obtain
ing the Gold, than volumes of description.
We are not without hope, from some re-
cent discoveries, that Gold will vet be found
in this (Wake) County. The first discovery
of it was made in Cabarrus, and confined to
that county for many years. The limits
within which it was then supposed to be
embraced have continually been enlarging,
as people have been led to search the coun-
try for it. 1t has been subsequently found
in the counties of Rutherford, Lincoln
Burke, Mecklenburg, Rowan, Arson, David.
son, Montgomery, Randolph, Caswell, Gull
ford, Orange, and very recently in Chatham
The Legislature of Pennsylvania has passed
J law taxing the agencies Of insurance compa.
MES not chartered by that State, 10 per cent.
on the amount Of premiums taken.