The Portsmouth inquirer. [volume] (Portsmouth, O. [Ohio]) 1849-1855, 1850-12-16
ARRIVAL OF THE GEORGIA.
--latest from California.
Terrible Steamboat ErplosiOn--Mors Gold.
= The Market -BusinsSs-Thc Weather.
DC.
NEW YORK, Dec. "a. M.

The Market -Businsss-T& Weather.
DC. -
NEW York, Dec. IA. M.
The steamer Georgia arrived here this
morning with two weeks later adyices from
California, and San Francisco dates to the LIST
Nov,
The steamer Panama arrived at Panama
with 280 passengers and $2,500,000 worth
of the gold dust The Georgia brings over
million Of gold.
The steamer Sycamore burst her Boilers
near San Francisco. The explosion was ter
rible, killing all the officers and crew and a
large number Of passengers, whose names
had not been ascertained. EtS
Business in San francisco, at other towns,
and at the mines continue prosperous. The
rainy season had not set in. Gold was con-
ing in abundantly, and business generally
prosperous. Money was bringing 5 TO 2 per
cent. month.
Flourselling at $l8@20per Dbl. Produce
generally in good demand-prices varying
but little from previous accounts. st'a' %
Political affairs quiet an9,s u5P
Great Celebration at San Francisco.
A grand celebration in honor of the ad-
mission Of California as one of the United
States, took place at San francisco on the
29lh OF October. in which all the State Off
GERS, Government officers, benevolent socie-
ties, and all the citizens foreign and Ameri-
can generally, took part. They had q
grand procession, an Grafton by the Hon.
Nathaniel Bennett, and ball. We ex-
tract the following eloquent nEd suggestive
passage from Mr.. Bennet's address.
Fellow.citizens: We are, at length. fairly
launched upon our course. With State
constitution approved by the convention
unanimously, and adopted by the people
with scarcely dissenting voice--a cOnsti-
tuition guarantying freedom to all, favoring
none, and bringing all the officers Of the
State under immediate responsibility to the
people, there is no reason TO doubt our en-
inent success. Judging from the past, what
have we not right TO expect in the future.
The world has never witnessed anything
equal or similar 10 our career hitherto
Scarcely two years ago California was al
most an unoccupied wild. With the ex-
ception Of preside, mission, pueblo, or
a lonely ranch, scattered here and there at
tiresome distances, there was nothing to
show that the uniform stiffness had ever
been broken BY the footsteps OF civilized
mon. The agricultural richness Of her val
leys remuined unimproved. and the wealth
Of world lay entomed in the bosom OF her
solitary mountains, and on the banks Of her
unexplored streams. 0 ,I4g,s ltl
Behold the contrast The hand of sgri-
culture is now busy in every fertile valley,
and lis tolls are renumera rated with rewards
which, in no other portion Of The world caH
be credited. Enterprise has pierced every
hill for hidden treasure and has heaped up
enormous goiDs. Cities and villages dot the
surface OF the whole State. Steamers dart
along our rivers, and innumerable vessels
spread their white wings over our bays.--
Not Constantinople, upon which the wealth
Of imperial Rome was lavished, not ST. Pc
tersburgh, TO found which, The arbitrary
power Of the Gar sacrificed thousands OF
his subjects, would rival, in rapility OF
growth, the fair city which lies before me.
OurState is a marvel to ourselves, and d
miracle to the rest Of the world.
Nor is the influence oil California confined
within her own borders. Mexico, and the
islands nestled in the embrace Of the Pacific.
have felt the quickning breath OF her enter
prise. With her golden wand, she hos
touched The PROSTATE corpse OF South Amer
can industry, aud il has sprung UP in the
reshness oflife. She has caused the hum OF
busy life TO be heard il the wilderness,
where rolls The Oregon" and but recently
heard no sounds save its own dashings.-
Even the wall OF Chinese exclusivensss has
been broken down, and the children of the
sun havecome forth 10 view the splenJor oi
her achievements.
From the Pacific News
IUtI'1 ift POLITICS. .VE T.lwr
The political character of the result of the
late election in the STATE, il is yet impossible to
determine with certainty. Inmany of the large
and sparsely populated counties the question
political prefement was not brought into the
| canvass. Enough is known, however TO deter.
mine the fact. that the two great parties are
nearly equally balanced, with strong proba.
bility that the democratic party will have a
small majority on joint ballot. Asythe next leg.
islature will be required to elect IS. Sen.
ator in the place of Mr.. Fremont, who drewl
the short tenn, the question of party ascendant
ey is one of no inconsiderable Importance, es
pecally to the numerous aspirants who are al
ready making interest with a view to official ell
ovation, rt ,fsfF A Iii
As' STATE LOAN. Rsls}3fl
The question of calling an extra session of tn,
Legislature, for the purpose of effectiug loar
to liqudate the Indebtedness of the state in cas-,
Congress does not grant the appropriation asked
for by Mr.. Fremont is again being bravely agi
tated and warmly advocated by sound and Judi
cious men. Under the constitution, the frs
legislature only has the power to negotiate !,
loan, and this fact renders the success OF the
measure of vital importance. Should Conprcs,
not make an appropriation to meet the PRESSING
wants of the state, there is little doubt that The
Governor will decide upon calling an extra ses.
sion for about the 10th OF December next.
THE MINES.
| The placers still continue TO yield their rich
treasures to the effort Of the hardy miners.--
Large amounts of gold are being taken out O
some Of the mines, and although sudden for.
tunes are not being realized, there is general,
a fair return for persevermg labor, The mani.
tests OF our shipping companies furnish the bes
evidence Of what the mines are yielding. slf
Business in our own city, and, indeed,
Throughout the state, has been very fair, though
no great activity is sparticularly 70 be noted.
80 a IA. STATE STOCKS. 4.
| Immediately upon the news of admission ren
chingu state bonds and scrip braced up. and
advanced several per cent, and the credit OF tbs
state much improved, Men feel confidence
that our past acts will be fully recognized. and