The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-09-07

triet. Among the 6rst who were ready for business
was the firm of TaAne, murphy McCahIlI, dry goods
merchants, corner Of Sacramento and Montgomery
sreets D. j. Oliver Co, paints, oils, &C. sacramen.
to street; Mr.. ustip, proprietor OF the Tontine
John NJ. Coughlin successor to X. III Taylor & Co.
merchants, Sacramento street. Kelly Henderson,
grocers Sacramento street These parties rebuilt and
doing business the incredible short space Of
two weeks With such men these, our city bids
fair in few short years to be of the greatest COM
mercial ports in the world
At present the hsrbor 10 crowded with vessels from
all parts of the uniyerse-stesners plying daily from
here to Sacramento city Stockton and the interme.
date places The steamer Senator has been BY far
the Laest successful through the energy and activity
OF her snterprising agent Mr. Charles Minturn lie Is
also agent tor the wharf which situated near the
site of old Y ort Montgomery. 1t extends out In the
about thousand feet and low tide there 10
raoga be- the FIRST to discharge cargo Of over
two thousand tomb on this new wharf, called the
Mail Line, are also to make this their landing place
hereafter.
On the line from here to Panama we have at least
nine or ten steamships making regular trips and no
doubt In a short time there will be ample accommo-
dations for all who wish to visit this land of gold
The money market Is easier than 1t has been since
last January during that month, and, in fact,
throughout totpring capitalists could loan quickly
at ten per csneper month"; with good uri.
ty. Now thay find 1t difficult to loan per cent
per month, except en- individual notes sm glad to
decrease for, in my opinion, business cannot be
high premium placing, it does, the profits of the
industrious and hard working man into the Golfers of
The news from the gold mines is more fayorabs; but
professional or business do better at some
tbirg else ether than gold digging The Trinidad and
look for some other great excitement in the shape Of
new digspgs These stories are generally concocted
ties whose only object to fill their pockets at the
expense OF others.
In the southern mining districts of Sonora and
Tuolumne there have been several outbreaks between
the american and foreign miners, and many persons
on both sdes have been most brutsy and
mn Ia 6cul to IN w no ia IN
begin ming Of these troubles occaoned by attempt
ing to carry out the law for the regulation OF the
mime and government Of foreign miners The inten-
ton of those who framed this law doubt, for
the best but, thus the effects have been horrible
and resulted In the loss Of human life without pro-
ducipg scarcely any for the State. No doubt
this law will be repealed at the first meeting of the
.tehiat"e anu some oettei law enactea 10 protect
American citizens In the mines from the invasion Of
foreign miners.
The financial affairs of this city are at present in
crippled condition and thus far nothing has been done
by Common Council to create . revenue. Several
license and tax bills have been proposed all of which
the people Indignantly rejected in public meeting,
stain the same time their willingness submit to
fair and equal taxation, when properly levied but
the purpose s Of psyns Aldermen six tSoasaDa
body This produced several designations in the
ward asa candidate for Assistant Alderman, at the
last tpecisl election which took place the 27th
Of July. The San Frsncisco Herald being very
active in correcting the abuses Of the Common
CouI ell, pursuing the same independent the
"
favor. The moment my name was publicly announced,
the columns OF the California COprisr opened
with TRADE Of sbuse that would have done honor 20
Billirgsgate tshwoman and has so continued up to
the present time The only good things they said but
with eyil intent were the following : Jim Grant
candidate for Alderman James Goraon BsHnetts old
bsrbsr &c ;" Beautiful state Of affairs" Destroy
the confidence OF merchants in the Eastern cities
when such men as Grant are elected TO Iegslats for
us in the council The ground sv.lsrs are Veto
rious and putty has rz But their greatest objsc-
ton to me was the fact that had enjoyed your
dahl m nj nmA a. ILL nh h.NA a.
yoied TO learn something of the origin OF the
editors Of this paper found their names to be
wbtre In the vicinity Of the Laurel Hills or the Alie-
ghsny mountains. They were sent out by portion Of
the vhg rarty TO regulate the wings ia these dig
gpRs" They had for prompter u man who formerly
lived in New York name Is James, sometimes
called Jim Hagan; he IL wei known among the old
political hacks Of the Fourth ward OF your city lie
formerly kept sailors boarding house in Oliver
street However I was elected triumpbsntly, despite
the exertions OF these connving philosophers and
iook down upon them with soorn and contempt.
The conduct Of these persons towards broush to
tise in the of my election men whose friend
.tip vas worth having tor Instance Hon. David ..
Frederick one OF the state sepators; Malachi faon,
the City Msrsha and Ch!sfofPolice Charles O. Scott
the City Treasurer John A. McGtynn the County
with hos 81 other friends all from the city ofNew
York, who know me we'll
The principal topic at present Is the admission of
Calf rnia State in the Union great a, al OF dts
appointment was unaffected, by many on the arrival
of he last sttam,r when u vas known that California
was not admitted The received opinion Is however,
that shall be admitted just before the Of the
s,ssiop.
had occasion. In former letter 70 speak Of the
irreRularit so the mails Recently [ notice, there
has been considerable improvement Much credit IL
due 20 Major McLane, mail agent Scarcely had the
tteamtr Oregon come TO an anchor when he had n
tost along side, although late sunday afternoon
bring the mail on shore, and by his eXtrae rdnary
cruous were able To get our letters next morning
hsrg at least twelve hours In advance % the previous
oustom. In a oonvsrsation with Major MoLane this
other day, he told he intended 90 Dfipg the mail
through IN hrtytSo days from the city OF New York
buch conduct Ia highly oommeHdabe, and IL n 10 DO
hopsd that otbers will profit by bis example.
Having already trsspassed upon your patience much
longer than ] INTENDED, shall conclude by Wishing
you confirmation a the same succrss which you
lave enjoyed for ears and with sincere Wishes for the