The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-01-22

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BEES of the company
Cen A. N. Corp. New York. Dr. Thomas Foster, Texas
Refus Tilon, New York wesley Phillips, do.
Jas Fitton. San frsncsco. J N. Strain, do.
Rosw1ll Heints. New York VIM. Freeman. do.
Samuel Maxern do 8 Haslett and 3 boys, do.
Russell johnson Michigan. A. J. Baker, do.
Oscar Thayer, do Ple'aut J. Slaughter, do.
Jas b. Fortiner, Phila VIM. III Johnscn, do.
III. Clagett, Kentucky. Thos Hening do.
Jno Mettler, New York.
Edwd I'll. Rock, of Hamilton, Canada, died on
board the Jesserun, on the 9th of December, OF
brain Fever. H. =.
SEMINARY OF Two Weeks News.
From the Pacific News, Dec. Ia
MATTERS ON THE PACIFIC SIDE.
Since the last steamer sailed fro our shores tor
he Atlantic coast nothing OF especial interest mas
occurred TO attract particular attention. either al
home or abroad The near approach of the time
or the assembling of the State Legislature, occa-
sions some little speculation as 10 what that body
will do towards relieving the State from the insn-
cial enrbarrassments which weigh heavily upoa
her, and which might have been re-
moved by prompt and decisive action v, on
session OF the Legislature, and negotiating loan.
Such action is now, of course out OF the question.
The lime has passed, and 1t only remains TO be
seen what the approaching session Will accomplish
in the premises What they would like to do, and
what they can do, are quite two different things
Their power 20 II gislaie, with the view OF improv-
ing our financial condition in way IN which It
would have been most su ,ceSsful, IS limited
by the constitution, and they can only pass such
acts, 10 meet the emergency, as circumseubed pow
ers will permit.
Legislature, is the election of United States
Senator, 10 fill the vacancy which will occur by
the expiration OF MIR. Fremont's term of office, on
tn. 4th of March next number of Candidates
for so distinguished position, and who will do
honor TO the State and to the Senate. The assem-
bling Of the Legislature alone can determine its po-
tcal compile xlon, and OF course the party aftlniues
OF the United States Senator.
San Francisco is steadily progressing IN every
branch of local Improvement, the most important
and attractive of which is the grading, planking,
and sewering of the streets. Our city now
presents greater extent of planked streets,
probably, than any other city In the Union, if
not in the world. Since these Improvements
commenced, over 40, COO feet, or above seven AMI
halt miles of street have been graded; ~ 500 feet
have been planked; and over 5000 feet Of grad
ing, and 900 feet Of plankng, are now under con-
tract, and will shortly be completed All this has
been accomplished in the most substantial Al manner;
and even though the heavens should open their
floodgates and drench the earth with rain, city
streets will yet remain comparatively dry and COM
Portable. The Californian OF last winter would
hardly recognise the city in its new garb.
The minersare still hard at work, and their abors
are yielding fair return. Thousands are winter
ing IN the mines, preparatory to commencing ope-
rations early in the spring, and improving the op
portunity afforded by the temporary cessation OF
the rains TO work sufficiently TO pay expenses. That
the diggings are still rlch If not nexhausible, is
goes forward 10 the Atlantic States by every steam
er, especially on the hrst Of every month"; when
commercial men usually make their heaviest re.
mittances
In addition to our gold pacers, California is
likely to rich in srer0 We hare hrefore had
Oeea'icn 10 notice ne discovery II teo three rsrV
considerable mines. .7Roner has been disc0reyef J.u
leagues from Monterey Uhich prom 10 BE- exceedingly
rIh. Portions Of the ore have been taken out aad
assayed, and worked up for use. A company Is
now forming at Monterey for the purpose of work.
ing the mine upon an extensive scale, and the
stockholders are confident that it will prove good
investment.
The commercial news from this section is not
important. No material changes have taken place
In prices of merchandise. fair supply OF almost
every article is 10 market, and the constant ship
mems which are being made from the Old and the
New World, give US reason to anticipate that the
supply will continue adequate TO the incre asing
wants OF the country.
A strong tide of emigration is new settling to-
wards the Atlantic States. Hundreds who came
those individuals so often referred 10 as "the
Oldest inhabtant " are returning TO the scene of
their early associations, their families and friends
We are quite confident most OF them go with q
rmunera III reward for their labors and whatever
privatons they may have encountered, and nearly
all with the most favorable impressions OF our
country.
But while hundreds are returning home, not
leW @, those who have spent year IN California,
and visited the States for season, are making
their appearance amongst US upon the arrival OF
every steamer. They come back satisfied that
California IS the most glorious place under the sun
for the transaction OF a remuneratlng business.
We are eioiced TO be able 10 assure our friends
in the Atlantic States, that the fatal scourge which
made such havoc amongst our citizens has finally
disappeared The last report OF the City sexton
exhibited but one death, and no new cases. thas
spent its mallgEancy al Sacramento, also, and ia
footsteps are no longer marked in the social or bu
sinsss circle. This will be cheering 10 the thou
sands az home who have friends in California.
The seknowlsdy healthiness OF the climate OF
California, the fertility 1T her SOIL az evidenced IN
the immense crops which have been raised upon
her valley lands, the past year, invite and war
rant the en- grafton Of families for permanent re-
sidenoe, leaving out ~ view entirely the aDund-
snce Of her mineral resources, No other country
- the world offers such encouraslSg P.ospects tor
becoming understood and sPprsrfaE older
States.
SiNCE THK SAILING OF THE LsSr sTEAMER.
The approaching session Of the Legisl 4ture Is
the ohief object of attention al present, nothing
worthy Of record having occurred for the last two
weeks. For ten days or more business Of every
description has been unusually dul, prices OF all
descriptions OF goods and merchandise ranging
lower than ever before IN this coantry. Real es-
tate, both here and IN Sacramento, has become
complete drug In the market, and, indeed. sales
cannot b. Effected on any terms Supplies Of bread
stufs are constantly sIriyisg and every description
Il provisions, az viii be seen ny our market re-
view, have brought extremely log prices during
tie last week. While state bonds command fair
ptce. consds ring even thing. regret t. say city
scrip - down extremely lov, owing u The wIlful
mismsnsgement Of the City Council. The ndebt-
edncss OF san Francisco now exceeds that Of the
State, and, notwihs andng that the resources OF
the city most ample, the prospect Of relief il re-
mote. The difficulties Of the State will be equally
great, should Congress delay the payment ~ the |
civil fund. The Legislature meet without dol |
lar 10 the Treasury, and the provisions Of the con-
stitutCn forbid the borrowing ~ money. Z he only |
salvation for us will be in the prompttude OF Con-
eIess in paying 10 the state what is justly here.
The canvass for United States Senator goes 4
on briskly. Already, some Of the twenty. one can
airy. the number will be reduced down to three or 4
four Mr. Fremont's prospect for re.elecuon IL Il
very desperate, and II s moreover irnpossihl1 10 i
ssy who viii succeed him Col John Weller /
IL The most prominent candidate in the field, add \
his frie nds very sangune Of his electios Judge
Bysnt author of I" What Saw 10 California" I