New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1849-10-15

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lrvr-c.tee was shown cellar ia The earth, about
, feet SQUARE snd deep. - ich De c1sld have a.
s2.O z month. The owner csme here about three
months ago. without enough mcIey 70 pay his
na.ssze; he !, row worth $4,000. One q the
ror,r,3n s,lSiers at the battle OF san Pasqass ia
- sn,onz he nillion.res Of the place. with an
income Of $4,000 m0Athly. noted firm has
$4,000 loaned out 81 ten per cent. a nioEfh :
mink of that " all St ) and could easily dispose
OF coable toe amount in the same way. citizen
of ssn Francisco died insolvent las. Fall, 20 the
anon. Of sal 900. Els administrstors were de-
iayed in settling bis Affairs, and bis real estate al
vsuced 40 rapidly in value meantime, that after
hi, debts were paid bis heirs have yearly in.
come of $4,000. These facts are iadsb.,ably at
tested Every one believes them, yet hearing
them talked Of daily, as matters OF course oas at
frss cannot help feeling as 4 &c had been eating
Of the insane root
What saw that nigh: srd yesterday satisfies
me that the hall is not yet told. Business vas
over sbou, the usual hour, and then the harvest
time Of the gamblers commenced. Every " he'll
in the place, and I did no. pretend 70 rumber
them. vas crowded, and immense sums were
.taked A. tie monte sad faro tables A boy OF
fifteen, in one place, won about 500, which ne
coolly pocket,d sud carried CIT One Of the gang
we brought in the Panama won $500 IN the
course Of the evening, and asolher lost - 400;
fortunate miner made himself conspicuous ~ pet
ting large piles Of ounces on single throw. HIS
last sta OF 90 vas lost, and saw him yester
day dashng through the streets, ~ Ing n break MS
own neck or that ofthe magnificent gdrGn1n ne oe-
strobe I sm glad 70 see that the alcsid', In hi'
lsst ayuniamiesio, he. recommended that some
means be taken 70 check this infamous business
The prices paid for labor s-e In proportion to
everything else The carmsn OF Mel.at, Howard
& Co. has salary Of $4,000 4 year, and many
others make from SIS 10 go daily. Servants get
from slOO 10 $500 e month, bat the wages PAID
for the rougher kinds Of stor has fallen 70 about
So. Yet, notwithstanding the number oil gasi-
seekers VINO return enieebled and disheartenea
from the mines 1. IS dflcnlt 20 obtain worAmen'
The cost OF building house Is even greater than
ever and ready made houses command almost any
price iiend Of mice bought from the owner,
al Panama ssmasl frame house, which had neea
shipped on board the barb Hersia, at New y rs.
Il e paid 5000, which was probably treble It's hrst
cost. On reaching here, he found the vessel ~
anchor in the haTbor, and sold his house at once
for $4,000. A gentleman who came here IN Aprii
,od ne he found but or 10 houses, the poP1iston
vas then So scaut tEst not more than 25 persons
uc-ld be seen in toe streets a. any one uaie. At
present, there are probably 500 houses, tents and
sheds with a population, liked and hoatlng' OF
5000. People who have been absent Elk weeks
come back and do not recognize the place. Streets
are regularly laid out, and already there are three
,iers, Al which vessels can discharge. Owing to
the number OF arrivals, however, Immense sums
are made BY ighterrs goods ashore. IL II caca-
lated that the town IL increased daily by from ! >
% 30 houses. rs skirts arc already spreading up
toward the summis oita- three hills On hch u 10
located.
TIE frail nature Of the dwellings, and the vlo-
lence of the daily virds o.ch here form greater
pest than the ni.tya or sifocco at Msrseilies, ex
pose San Francisco to terrible danger. bro
breaking out ia the upper part Of the city wood ia
an hours time, sweep everything clear down 10
| tse waters edge. There have already been t~o
slight free which fortunately occurred IL tie carry
| part Of the day, and were easily checked, oSs
cstssirophe OF much greater extent 10 almost GER
| GAIN This will not be the only check 20 which
| the business Of the place 10 exposed. Inc
| ausata.4 vslae which property has 40 sod,
| denly attained must soste III short time ana
hundreds y 10 by this hctiticss computation are
| IN posses,ion Of immense wealth, wIl be totally
ruined Il is impossible that such condition OF
| things eau CONTINUE for a much longer PERIOD. It's
existence depends alone on the first intoxicati' Il
| # sudden enrichment aad the temporary aosse-
| ent OF ell former standards OF wealth. Tue
crash when !, comes, IS come 1t will, cannot bat
| be tremendous Bat !; will uot be ruinoas the
vest amount Of energy, intelligence and activity
| which pours into the couGtry IN one unceasIHs
| tide would easily mount above a much more
| threatening barrier. Those who lose will stlil
| have & thousand channels OF lsbor open to them'
which the vast resources Of California VIII rencsr
| lucrative IOT Z louB tluc " S'A4cs NAe.S" -
sprinsng 10 ia Gil quarters, with a more regular
| growth. and the trade whch was lately concen-
trated 1T this one point. is now divided between
several othese OF scarcely less Importance nave
| already heard enough know that the bursting
| Of the bubble is universally expected but, Is
useal, every one goes on IN the same neeolesa
| career OF speculation, trusting 10 some spirit Of
| good luck for his chance Of timely escape
A curious result Of this extraordinary sbund
60 - bal md
| which fortunes msy be made, struck me AT the
| fr,tielancs. All business is transacted On so ex
tensive scale that the ordinary habits o. s0ucta-
| ton and compliance on the one hend, aud TAB
born cheapening on the other, are en'lrey ior
gotten. You enter shop to buy something the
owner eyes you with perfect indifference, wA''inS
for YOU 70 slate your want II you OBJECT 70 the
price, you are a, liberty 10 leave, iof yon need
not expec, TO ge; It cheaper. he evidently cares
! little whether you bay II or not. Some che " ne
has been longer in the country VIII DO 80, win
out wasting words. The only exception nave
found to this rule was that OF shaFP-iaced
Down-Eater, Just opening bis stock, who wa
| much distressed when bis clerk chargel me %
cents for a coil OF rope, instead OF 81. Inns ais
regard for all the petty arts OF money-maAins Is
really pleasant feature OF society here AhOtnei
equally agreeable treir is the punctuaiity WIZ
which debts paid, and the general conhnence
| which all Americans at lesstl seem 70 nave 10
owing. in part, to the impcssibii.y OF pro'ectins
wealth, and the consequent forced dependence on
an honorable regard for the shts OF others
Walking through the town yesterday | was
quite amazed to find dozen persons oa.Ay eni'
ployed in the street before the United c'sIel
Hotel. digging up the esrth with knives and
crumblirg il in their hands. They were actua
| gold-haBter., vho obtained IN this way sooa1 =
4 day. After bloEing the has DIRT careiuly u
their hands. few specss OF gold were lei1' which
they placed in piece OF " bite paper. numoe'
Of children are employed IN this way VINO PIC :
out the fine grains by applying 10 them the asAe
OF pin, moistened IN their mouths. smaii Doy
Yesterday took home sli as the result Of nls day
abor. On climbing the bill 70 me Post once
observed in places, where the wind had sweep
SWAY the sand several gttering COS OF the rea
metal. but, like the lrishmsn WHO Kicked the do
Jar out OF his way, concluded TO wait Ill should
reach the heap. The presence u gold IA us
streets is probably occasioned by the leakins'
rom the miners bags and the sweepings OF stores
though some are inclined TO think Il native u
the earth A. any rate. 1t IS most Femsrkso''
sisht. r
| The anxiety OF person, here to get news iroa
the Atlantic side, is very great The crowd a.
the posi- Zee this morning Is greater than eve
| - d, No,--york The whole mail, consisting o