The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-03-08
NEWS FaOn THE IsTHugs OF PANAMA.
The Gold Mines of New Granada.
We lad the following items in the Panama stu

We fad the following items in the Panama Sty
of tie llth ult -
A NEW STEAMER ON cHAoREs RIVER.
We are delighted TO learn that new and con-
mcdiCus steamer, called the VIM. III Asplnwal,
has been placed on the Chagres river, intending &c
run between Cbagres and Gorgona. Her first "Trip
was made TO GoTgona last Ihursday, and was
highly successful. Gen,lenen who came up IN her
speek OF the comforts OF the trip IN the most lat
ieriIg terms. She will run regularly between
those two places, so that the great ditflcutttes
which have hitherto impeded the progress oil travel
and The Inconvenience attending II, are III great
measure removed. Another steamer is belag bull.
at Navy Bay, ard will very speedily be launched.
She, a.o, is Intended to be placed on TIE river, 10
form daily lice with the Aspinwal. The tacili-
ties for crossing tie Isthmas are increasing and
improving daily.
THE GOLD HUNTERS.
We are informed by a gentleman who has Just
returned from Bsenavenlura mines, forty mdes
distant that large amounts Of gold are procured
there daily. About three hundred and lty per-
sons. principally Frenchmen, are now engaged IN
working the mines. ard additions TO that number
are being made by che Indians or natives living ia
the district. He states that the average yield is
from TWO 70 three ounces Per DAY, and some of the
party who accompanied him realized extraordinary
profits from the small stock of provisions they
TOOK with them. Ii is the intention of our inforn-
ant 10 send lot of provisions there as soon as pos
sible, the miners are obliged TO pay enormously
for every article of living, and, in some instances,
he has seen,an ounce Of gold given for cup Of cot
for bfeahtes,! That beats California in Iail her
extremes Of high prices and enormous protlts.
We have some faith in these representations,
from the fact that il is well known here THAI the
miaes OF Buenayentura heve yielded large amounts
of gold, and only require 10 he worked TO yield
more. That there is plenty OF gold on this 18TH
mus no pne doubt ard there are still less
reasons doubt fading II III the old mines for
merly worked by the early Spanish settlers The
mines Of Buenaventura we have reason TO believe,
are well worth the working, but The Inconvenience
and disadvantages attending the prosecution are go
great as TO dlsarm almost everybody, and repel all
energetic attempts. Still, all these difficulties
may be overcome, and, with the aid and enter
prise of real Yankee genius, industry, aud perse-
yerance, they may be made to yield very large
amount Of the precious ore.
As soon as regular communication is opened
between this city and the mines, aad provisions
transported freely there, we have no doubt but
that much of the hidden wealth of the country
will be revealed and that, too, with proht to those
who engage in it.
THE PANAMA RAILROAD
Our neighbor of the Echo has recently made q
trip of exploration along the line OF this railroad,
and is impressed with the belief that, III few
months, the road will be completed to Gorgona,
and IN years time we shall have the +" iron
horse snoring flame and smoke from his nosrils
through our streets. Good Nothing Can afford
us greater pleasure than to know that the wonder
full enterprise, which must prove of invaluable be-
neft TO all countries interested in the commerce of
the two great oceans of the world, is progressing
so rapidly and under such favorable auspices.