The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-01-22
~m,,. vor,terful News from California!
u.v,,.,,or In the Civiuzed World.
{ corner OF Fulton aud Mass,

The news which we pun. fish to-day, being three
eekslater from California, wifi attract the obser-
vat,ou of the whole community. The statements
confirming the vast gold discoveries In that region,
coming from our correspondent, will not only
command the attention of the commercial world,
but of civilization Itself We have arrived at
new period, new era, fresh crisis, In the his
tory Of commerce, and even of civilization. A
spirit is generated from those discoveries which
more active, more intense, and more widely spread,
than that which agltated Europe in the time Of
Columbus, Corez and Plzarro. These late ac-
counts will be read with great interest," and we de-
s;re our readers to watch the effects which they
will certainly produce on the commercial and
other interests around us. Some Of the views
given in our money article, to-day, will be found
worthy of the deepest attention and the closest
perusal. ..-.t.-
According to these recent advces, the gold re-
e,on Of California is the most wonderful that has
ever been discovered. There seems to be no doubt
that, In a short tlme-probably In less than two
years-those mines can be made to produce one
hundred millions per year The region Is the most
extensive OF the kind in the world, being eight
hundred miles IN length aud one hundred In width,
With every indication that gold in large ma
masses,
Sierra Nevada. But these vast gold mines are no
the only mineral discoveries that have been made
The quick silver the same region, seems to be as
abundant az the gold; so that there are proxlmated
n each other two metals, which will have most
i'm, ortant effect and utility in making lh- gold
,n;,.e more valuable. Heretofore, the gold and
silver mines of Mexico and Peru have been valu
able IN Soain, because she possessed a monopoly
of the quicksilver mines at Aim ,den. ID the pc
n,nsula This is surpassed by California
According to the last accounts now given to the
public. emigrants were crowding In from every
mart of the Pacific to California-from M-xc
Peru. the Sandwich Islands, Oregon aud we
have no doubt, by this time the British posses
sions In the East, China, and every where else ia
that region, are furnishing emigrants To the won
derful region of California. Ia less than year
there will probably be a population of one to two
hundred thousand souls all digging for gold. and
CAPABLE Of producing from one 10 three hundred ma-
i.ors of dollars toovfh per a~nnm of pure go,d, to
he thrown on the commerce ct the world at one
fell swoop This will produce results that one
can at this time estimate.
Tbese are the general views OF the productive
pess ofthis region, and the prospect before US for
abe next few years. What lie ID be the effect OF
~ncb vast DISCOVERIES on the commerce OF the
|~orld-on old communities, on New York, Lon
-, end other great commercial ctes1 The only
|~~mmon eence mode by which We can arrive nj
4 orrect solution OF this problem. Id to enquire aud
the effect which II has already produced
~ f-.,,o,pis We have IN n pcicrs uf every
x,..sn VI pvp~-- ''iA" ''''''os hd'e us "a
r--- x...,,. I'D ths came rssSits. on q wSIer