The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-05-01
The Recent Important News from CalifOr-
min-NeWspaper Emterprise.

The Recent Important News from CaiifOr-
nin-Newspapcr Enterprise.
The important and exclusive intelligence, of a
later date, from California, which gave yester-
day, is the first realization of the fruits of new
piece of newspaper enterprise, which we have re-
Gently organized, for the purpose of conveying
speedy and correct intelligence between San Fran
cisco and New York, by the way of Mazatlan,
Mexico, and Vera Cruz An able and accom-
pshed agent and correspondent of this establish
ment departed for Mexico, some time since, for
the purpose of making those arrangements necessa-
nv to bring California and New York INTO more i'm
mediate neighborhood than could be accomplished
by the way of Panama Every opportunity for the
transmission of intelligence, afforded by vessels
arriving in Mexican ports on the Pacific, from Ca
lforna, will be embraced by our agent, in order to
carry the news across that republic to Vera Cruz,
andfrom thence to Mobile or New Orleans, for this
city. Our accounts state that American, in
Mexico, has projected the erection Of telegraph
between Vera Cruz and some port the Pacific,
through the city of Mexico AS soon this line
shall be completed, together with the line between
New Orleans and New York, intelligence from
San Francisco can be transmitted to this city in
time is not distant, when the communication be-
tween these points may be still more rapid.
With reference to the news which we gave ex-
clusively, it is probably the most important which
has been received from that quarter for several
months past. The extraordinary arrival of vessels
from every port on the Pacific, at San Francisco
the depreciation in the value of goods and merchan-
dise-are matters of fact, that should be known IN
IL
as to allow traders here to regulate their en-
terprises accordingly. But more than that,
it appears that few of the numerous vessels
which sailed with merchandise of all kinds from
the Atlantic ports, during the last four months,
ave yet reached San Francisco. With this pros
ect before traders and Spectators, it is probable
that the value of goods of all descriptions, about
these times, will be depressed TO most extraor-
binary extent in the California markets. Such
result will be unfortunate for commercial men and
shippers of produce and merchandise but it will
be remarkably advantageous to the god-diggers,
and, indeed, administer a new and powerful smu-
lus to the progress of that region It's probable,
that forty thousand able-bodied emigrants will be
added during the spring, 10 the large numbers al
ready in California and when we consider the
cheapness of provisions and merchandise, created
by the numerous arrivals of vessels laden with all
sorts of cargoes, the remarkable impetus that will
be given to the god-digging enterprise must be OBJ
vious and can be readily imagined. If the pro-
duct of the mines during the last summer amounted
to five millions we should be surprised to find,
at the close of the coming season. that fifty, sixty,
,or seventy millions had been realized.
Another very important piece of intelligence,
which our attentive agent in Mexico has transmit
ted to u.s. is the fact, exclusively stated, that the
election of delegates to the convention TO form
provisional constitution for California had taken
Mace. and that at every one of those meetings
unanimous sentiment had been expressed against
slavery and slave labor. The enumeration OF this
,mportant fact is no more than what we had reason
TO expect from the character OF the population IN
California and the sentiments OF those who have
been emigratng thither for some time past
This striking expression Of the popular feeling,
on this exciting SUBJECT which prevails IN
California will have a remarkable influence
upon parties in this country during the present
summer, and particularly upon Congress, imme-
diately on its assembling, in December next
Whatever attempts may be made by the ultra anti
slavery, I" free soil' partisans of the North, or
those of the opposite faction in the South for the
purpose of keeping this question open, and continue
ing the agitation they must fail of their object, in
the face of this great and significant fact that the
people Of California themselves have forever settled
the question, in their way, and in peaceful
and legitimate manner. Every sincere patriot
every one who is really attached to republican in
stitu,ions--must be gratfcd in witnessing this
movement on the part Of the people of California.
1t reads another impressive lesson to mere politl-
Clans that, after all, the sound, sober sense and
the reflective intelligence of the American people,
are always fully equal the task of managing their
own affairs IN the most judcious manner. The
Wimot proviso agitation must now be concen-
trated on New Mexico, in which region 1t Is quite
possible that on this side of the Rocky Mountains,
there may be compromise OF some KIND, suits
factory to both parties in Congress. Texas claims
oil New Mexico, and, Of course insists upon her
right TO extend her local institutions over II; and
this question will be the great point of difficulty in
the next session of Congress. California is out of
the category.
Thus much for the important character of this
news from California, which we have had the plea
sure OF giving to the public ahead of all our CON
temrorares. This establishment, we my in
this connection be permitted to say was the
first TO give the American people full and
accurate account of the vast discovery of gold
mines in that region, as we were the first
20 receive specimen OF the gold dust, which
event took place as long ago the middle
Of last summer OF the progress OF the gold
digging-ths course OF emgraOn--the effect pro-
duced upon trade and commerce-the growth OF