Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1850-06-13
California.

We have received some late California papers
the Alta CIlifornia-which contain good many in
teresng articles, but none that of any particu-
lar importance.
Great quantities of gold continue 10 be raised and
new discoveries of the precious metal to be made
doomed, possibly, TO lose portion of its preciosiiy
but not soon-One Of which auriferous localities
near Sonora, yields gold abundantly, that man,
IT Is said extracted hrty-fve pounds in three days
which rather disposed to doubt. Al that rate
1t Is possible thnt what predicted more than
year ago, and which produced serious apprehension
among the capitalists in of the countries of
Europe may take place after while, and gold may
get to be worth than silver. We have no
fea yet; but If all the marvellous stories that
are told about the gold deposits in California be true
If they be true, say. then there mny be a seri-
Gus disturbance in the present relations of gold and
silver some time hence.
There is great rush to the mining region from
San Francisco, which would suppose would be
deserted; but the corners in take the place of the
goers out, and the cry is, ''st they comer'
A proposition has been made, TO fix the price Of
gold at the Philadelphia Mint price, and the Legisa-
lure of California has had the under consd-
Grafton. They had best let commerce fix the value,
il will do in spite of legislation. This idea
have originated with the merchants of San Fran
CISCO and 10 be rather in the of the
times. Commerce regulates the value of bullion
and all uncOined gold aud silver it does of other
commodities, and it will be legislation thrown away
for the Lawmakers If California to say that the price
of gold shall be SIT SIS the ounce when but SI6
can be commanded in market. The State of Maine
might just as well fix by law the price of lumber
or the State of Massachusetts the price of ice and
granite.
California has accomplished one thing, which goes
to prove that she is behind her elder ssters-we
rather fast, she is not yet n Stnte-that she is
not behind other civilized and legislative commune
ties, we should say, in financial capacity and nge-
nuiiy; she has already created public debt of
half million of dollars; which is certainly but
small matter in country where there is so much
gold. The national debt Of Great Britain was once
much less though, and it is a monster of
manageable dimensions.
Large streams from little fountains how
Tall oaks from little grow"
used to spout it at school; and though a public
debt of few hundred thousands has in it nothing
very appalling, yet of all the things above or below
the EARTH there is scarcely anything which grows so
rapidly and the seed once planted the nucleus
formed. it is extremely difficult prevent it's increase
and augmentation. Like the SNOWFALL crescit endo
it grows it goes, until at last and before it is
observed almost, it swels into formidable magnitude
The steamer Crescent City brought to New York
some two or three hundred thousand dollars of Cali
forna gold.
/ There on the lsthmus about thousand
persons, waiting TO get passage to California. There
had been deaths among the emigrants, but in
general their health good.
From April r. lS49 TO April 10. 1850. the num-
her of persons who had arrived San Francisco was,
g. 223 ; of these 50,57l were Americans, from the
United States, l,025 of them being women. OF for
egners there IL ,652 of whom 954 were wo-
men. This is exclusive of course. of the overland
emigration from the United States aud from Mexico,
which very considerable. During the same peri
od there had arrived at San Francisco ll3 vessels
-695 American. and Ais foreign. with a tonnage in
the aggregate 36l $50 tons. This is COM
merce for 50 new a country and for so short a time,
and although great profits made by some, great
losses have been sustained by others.
The latest dates from San Francisco of the 2lst
April Washington Globe.