Burlington hawk-eye. [volume] (Burlington, Iowa) 1845-185?, 1850-05-02

] nave statement UclOtc Wc from one
Of the most eminent merchants and bank |
ers Of New York, who was for many
years engaged extensively in the India
trade, which shows that the profit or gain
on ten thousand ounces Of gold, thus re-
mitted, would be $34 ,434 Al
And that the loss on the same -1
quantity, sent direct to - #1
China, would be, l5,6oo 90
Total difference in profit and
loss in favor ofthe remit ..-...
tance to New York. o,o34 "A
1t will thus be perceived, that nature
has so arrapgedthe winds and currents Of
the Pacific, and disposed of her vast
treasures in the hills and mountains Of
California, as 10 give 10 the harbor Of San
Francisco the control Of the commerce Of
that ocean, as far as it may be connected
with the west coast Of Auserica.
Important as the commerce Of the Pa
cifc undoubtedly is, and will be, TO Cali
fornia, it Cannot now, ner will it ever
compare in magnitude aud value TO the
domestic trade between her and the older
States Of the Union.
Two years ago Califora;a did not prob
ably contain more than fifteen thousand
people. That portion of it which has
since been so wonderfully peopled by
American citizens, was, comparatively,
without inhabitants, without resources,
and not supplied with the common com
forts Of shelter afforded by forest coun-
try.
Notwithstanding the great distances
emigrants have been corr pelled to travel
to reach the Territory, more than one
hundred thousand have overcome all
difficulties and spread themselves over its
hills and plains. They have been sup
piled from distances a. great as they
themselve. have passed,Sith not only the
necessaries, but the com or.s and many Of
the luxuries Of life. Houses have been
imported from China, Chill, and the At
lan,ic States Of the Union. All the mate
rials required in buildin, cities and towns
have been added to the wants Of people
SO numerous, destitute, and remote from
the sources Of supply.
These wants will exist as long as emf
grafton continues to iiow into the country,
and labor employed in collecting gold shall
be more profitable thar Its application TO
agriculture, the mech>nic arts, and the
great variety of pursuits which are fos-
tered and sustained 10 o.her civilized COM
munities.
This may be shown by mentioning the
~f r
and autumn, lumber vs. sold in San Fran
cisco at $500 TO 44Oosser thousand feet
At Stockton aud Sacramento city, at $500
to $780, At these prices, it could be
r,sae in the 'rersi,orf, Ind many persons
were engaged in the business. I per-
! ceiye, by recent accounts, that the price
bad fallen at San Francisco 10 $75 ;
| at this price, it cannot be made where la
Dor is from $40 TO $l5 per day, and the
difficulties attending its manufacture are
much greater than in the Atlantic States
Lumber can be delivered in our large
| lumber markets for an acreage OF the va
rious qualities of Sl6, and freighted to
! San Francisco for $24, making $40 per
thousand feet. This price would cause
the manufacture Of it in California to be
abandoned. We may add so per thou
sand, 10 meet any increase of price in the
article itself, or in the freight, and the re-
suit would be the same. ...... .z
| 1t is probable that the demand, for sew
eral wears to come, will not be less than
twenty millions Of feet per annum, which,
at $40 per thousand, will be $4,000, 600
When California comes to have pop
ula,ion of 2OO, 900 which she will have be-
fore the close Of the present year, she will
require near half million of barrels ol
flour from some quarter, and no country
! can supply it as good and cheap as the
old States of the Union. Including freight
and insurance. this may be set down as an
item Of about $5,O00,000. The article o!
clothing, allowing $40 TO each person,
would be $4, 100000. e-s.
There is no pre,ension to accuracy in
these items, and they may be estimated too
high, but il is quite as probable they are
too low.
We have no data on which to found a
calculation of what the value of the trade
between the States east Of the Rocky
mountains and California will be during
the current year. Twill venture the opin.
ion. however, that j. will not fall short ol
twenty five millions of dollars. II may
go far beyond that sum. At present, ]
can perceive no cause which will retard
or diminish emigration.
| Ii the movement shall continue five
wears, our commerce with that Territory
NAV reach one hundred millions per an-
nun. This is doubtless a startling sum,
but it must be borne in mind that we have
to build cities and towns, supply machine
ry for mining, coal for domestic purposes
and steam navigation, and all the multifa-
rious articles used in. providing The COM
forts and luxuries Of life, FOR half mil
lion of people, who will have transferred
themselves to country which is to pro-
duce, comparatively, nothing except min
erals and the precious metals, and whose
pursuits will enablethem to purchase, at
any cost. whatever may be necessary for
their purposes.
| 1t is difficult to imagine or calculate the
effect which will be produced on all the
industrial pursuits Of the people Of the old
States of the Union, by this Withdrawal
! from them Of halfa million of producers
who, in their new homes and new pursuits