The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-10-06
Biorc European News.

Murc European News.
The American steamship Atlantic is due day,
with four days later news from all parts of
Eproyc. She was to have left Liverpool on We'd
Issdsy, the 25th ult.
The Prospects ond Prosperity OF California.
The news from California, received by the steam
ships Cherokee and Empire City, at this port, is Of
very satisfactory and agreeable character The
state Of commercial affairs, and the continued
abundance ofthe golden product of the soil, are
such as 70 stimulate home enterprise afresh, and
10 enlarge future operations among our shippers
and merchants. The accounts are of nature 10
satisfy even the sceptcal, that the labor in the
miaes will be rewarded for long time to come
IHdeed the supply Of gold steadily increases, and
HE march of enterprise keeps pace with the disco
yeries which are made from day 10 day in various
parts Of the new State.
There was reason TO apprehend danger from the
Hseounts recently received from Sacramento City:
but il appears that the outbreak there was merely
a socialist movement. As in this STATE, there are
men there Infected with the same notions with
respect TO the equality of labor and idleness-who
wish 10 live upon the fruits OF others toll and Gre
ate the barbarian state of society from which the
human race has been constantly advancing There
ss here, are men who have become indoc,rinated
with the most Agrarian ideas; and, calculating
upon their strength, they made show of revolu-
non, such az we threatened with in this State.
Ii is evident, however, that socialism cannot thrive
any more in California than ii can aInorg the peo-
pie Of he Atlantic States /, has been put down
BY the virtue and intelligence of the people, as il
will eventually be pa, down here, should il ever
raise its head for The disturbance Of society. The
only result here has been fight among the tailors,
nd he I'M argg If n half 1ozFn az Them
prison; and in Sacramento City, socialism has shown
its fruits by the arrest of few of them there
ao,y beginnings with email endings
The news had not reached California thst
she has been admitted. as q State OF the Union.
sill, the mining operations were carried cr
with wonderful enterprise and vigor. Of course
when the interesting fact is known that the
federal government have embraced California
as sister in the confederacy, tke energy Of her
new population will receive a Stimulus of the most
marked character. When the Californians kaov
wha, Congress has done-ihat they are brethren OF
the rePubic-that they are 10 reap all the al van
tages and privileges Of American citizens, and are
90 have yigilalt United States officers TO protect
Iheir Interests and % promote their general haPpi-
ness, the uimcst enthusiasm Will excite the minds
Of all classes. The people Of san Francisco vii!
hail the news with great delight. aud will learn
with uncommon pleasure OF he liberaliiy Of the
government in furnishing them with dry dock, |
fOr which they have long had desire. This
sion, together with all the other measures which
have been taken for the benefit 81 California;, will
produce great results in fact, We are prepared 20
expect that the energies Of the people viii be d
rected to the immediate completion OF their whole
state systcm, upon the most sseute and profitable
ksss, aud that commerce, protected by the laws
=. II t.,tIf Id,
manner az to command the aSlonishmeni Of man.
hnd.
The estimates Of gold for the present have been
made as high as eighty millions OF dollars. some
EDancicrs think tha, the yield may equal one hun
dred millions Of dollars, or even more. Certainly,
the products Of the mincs will not be much less
shan the former sum What, then, viii be the in
huence Of such an influx Of gold upon she relations
Of commerce What rcfulls viii spring from re-
hewsd activity on The part Of the CALIFORNIA;, cx.
sit,d, az il will Be- BY The Suany advantages usdtr
which they wiil noW lIbofl Way, 1t is evident
that great trade -sill b. opened upon the Pacific.
m which CANA Indie, end eventually Japan, will
take a busy part. This rtcat movement Of mln. I
Lind-for the world viii be interested and engaged
m twill produce an immense effect upoa the AZ |
iiops of the earth; AMI with our Intercourse with
san Francisco, New York will become the COM I
rnsrcal centre Of The entire world. The effects OF /
abe mercantile action Of this community will b. 4
imnense. Already, our large amour, Of imports
beFns to dimiuish New supplies are demanded
and California koeps US IN = state Of remarkable I
activity The European nations profit, also, by
THIS commercial reVoiulon. Their poor popuis-
non is employed more largely than for the last
twenty-five years, and We are the recipients Of
~uch a the wealth which arises from such re-.
variable enterprise Sinoe the discovery Of THE
sentiment by Columbus, the world has never seen
great a train Of magnificent results sPriuging up
10 attract the attention and to add 10 the haPpne
Of mankind.