The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-02-08

/ paper went 10 press DN'i D''N
and Houses lines to that city were In excellent
working order.
The Recent News from California Mag
nificence o the Future.
! The intelligence from California received by the
last arrival IN this city, part ofwhich published
IN our columns yesterday, and the rest of which
will be found in our double sheet, to- day, may be
! Justly considered the most important of the kind
that we have received from that remark able terri
tory, since The first discovery of the gold mines
there II is not alone the great Importation of gold
dust, contained in the manifest of this vessel, or
the imports that may follow, which give impor-
lance 10 the news brought to this metropolis by
the last arrival. Our intelligence Is of all kinds
POLITICAL social, commercial, aad mineral. All this
intelligence convlnces that California, with Its
population and prospects, promises to exert
almost as great an influence onthe commercial and
political history of the present age, the discovery
Of this great continent Odd, three centuries ago.
The general intelligence which we give to-day,
must be read and digested, to be properly under
stood by ALL 1t is difficult to descend to minute
particulars; but there are a few leading points,
and important views, by which the well regulated
mind can arrive at a correct and accurate conc,u-
sion opening to us the magnltcence Of the future
which the annexation and discovery of the wealth
of California have given to this republic. The
quantity of specie imported by this arrival is stated
to be two millions OF dollars, and is, probably,
more. The aggregate importations OF specie to
this metropolis, from California, during the last
! season, may not have reached ten millions, al
| though some estimates put ii at more than that;
bu, if such quantity OF GOLD dust has reached
| New y ork in that brief period, what calculation
can we make of The amount that has gone from
! California to other parts of the world, IN ex-
change for the vast quantities of goods which
reached San Francisco, and other ports, soon az
Ter the first discovery OF the wealth Of California;
! Estimates have been published, that the yield of
gold there, during the last season, reached forty
millions of dollars; end If all the facts could be
cerained, we have no doubt that the aggregate
| yield Of the gold mines must be something over
/ twenty millions of dollars, and may reach thirty
| millions.
| This is great and mi ghty fact in the commence
mt mt Of The history Of this new country. Yet the
immense yield of California has IN some instances
| caused the mind to believe that il unusual
and extraordinary yield, which no future time and
no future labor can exhibit in those regions. But
from the information and the facts received by
! the last arrival, and the spe cmens of gold which
have been submitted to US, coming from different
parts OF that territory, we are satisfied that Cali
fOrna is Of The greatest wonders Of the world,
and that its wealth and magni6cence are by no
means realized TO their natural or proper extent.
Among the items of California intelligence, in
days paper, will be found description of some of
those specimens brought by passengers IN the re-
cent arrival There is a very strong belief among
persons conversant with these matters, that the
whole range of the Sierra Nevada is golden
r H., a. -
will furnish, by proper working and scientific APP
plIcstion, gold enough for ages to come, and in
quantities that were conceived Of, In the
Arabian Nights Entertainments. But it is not
gold alone that California yields. Cinnlbar, or
quicksilver, so important in working the silver
mines ct this continent, rs equally as abundant in
certain regions of that country gold, in the
valleys running from the Sierra Nevada.
With such n prospect of wealth and natural
riches in California IL is believed, by those compe.
tent TO nudge, that # the United States were TO
place eli those lands aud mountains and valleys
III the markets Of the worl}, that their sale would
yield sufficient, and than sufiicient to baild
the most mighty railroad across the contine MT
! hat has ever been attempted in any part of the
world. The wealth OF the mountains and valley '
OF California, equal TO yield of fifty or a haa-
bred miilions OF dollars per year, would be quite
sufficient To meet any ccntpgency-any demands
tor the construction Of such railroad. The gen.
eral government e the United States ought there
fore, to look on those wild lands, and elevated
mountains, and vast ranges Of gold mines of Cali
fonia, with view 10 make them available ia the
construction of a railroad that would connect the
Atlantic with the Pacific Ocean, through the great
South Pass, or through some other region prac-
, iicgble for such woIk. The Capitalists Of the
old world, and the adventures throughout Europe.
II such territory put IN the market and
offered for sale. would all be on the qua rirs. tum-
bling over each others heads TO reach the mar,
where such golden acres and golden mountains were
offered for sale The influence already Produced
by The discovery and working Of the mines there
on Europe, on the specie market of London, has
been seen and calculated upon with great conf
dence. Adventures from all countries, therefore.
would crowd TO this new III Dorado purchase the
lands, the proc, eds OF which would not only nav
the small public debt of the United States. but Put
in the hands Of the general government, in less
han three or five years, sufficient funds to con-
struct a railroad across the Rocky Mountains TO
California and Oregon, and also to help or aid and
assist In the Panama railroad OF the Nicaragua
canal.
But again. 2 he prospect Of bringing the empire
al China within thirty days OF our own doors
nearer, that Is to say, thas England was siteen
years aRo-is one Of the electric ideas Of the age.
which stirs The enthusiasm of every sseculariye
man, and sends the blood leaPng through the ar.
ieries Of commerce. II we had space il would be
no difficult thing to show that our commercial en-.
terprise will, through this new channel, reap ian.
mense advantage from the Easi India trade, winch
has so long been the exclusive monopoly OF Eng.
| land advantage too, which will be likely. at no
dstant day to seriously enfe.kls NJ indeed moi In