The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-07-20

Total. .....................355 COL 10 6
IL addition 10 which, we have the amounts lying
in the treasury rot yet applied for by the diggers
their agents. and the amounts in the hands OF the
various banks here ard at Geelong. We have been
favored with the requisite information IN each case
and we now add together The various amounts:-
Dances
Amount gold shprcd to the evening Of Cd Mach 455oel
Amount lying in the Treasury tnv date. IS $50
Amount at Union Bank in Melbourne and Gee
Amoap at Bank Of Austraa in Melbourne and '
Amount al Bana q New soatn w4lss......... 10 900
Total. ....... 5.9.270
Value at 80 per ounce $40
We now lave to leave the beaten path of ascer-
tanned facts. and having shown by the return Of
gold actually shipped or safely lodged in the banks
ard treasury that the amount brought down By pri-
vate hand very much exceeds that transmitted by
escort we must resort, in ondeavor to form some
estimate OF the total amount yet realized, to
something very little better than conjecture. We
beg of cur readers, particularly those at distance
TO remark distinctly the line of demarcaton which
separates our facts from our estimates arrived Mt
without that solid foundation.
Any attempt to estimate the quantity of gold held
by private bands in the two great markets is one Of
pure guess work. In our last calculations. Of the
18th Of November and 10th of December, we stated
il at 5000 ounces; but since then SO common an
article Of merchandise has gold become, and so
ordinarily do we see it handed about in it's little
wash!eatber bags that, considering the numbers of
returned diggers now in the two great owns, we
think that we may safely triple the amount we have
named, and consider "a 900 ounces now held excl,r
sve OF that at the banks and treasury as very mo-
derate estimate,
Again, the amount held by the digrers and buy
ers along the roads, and at the gold field cannot be
arrived at by access to any very reliable data. On
the goth Of December, we calculated the number Of
diggers the roads and on the ground at 20, 900,
and allowed them four ounces Of gold dust each.
The dggers now at Mount Alexander cannot be less
k1nx hot, .ln~a L..@ A.
weather has lately very much diminished their in
diyidual success, will only allow them one half
as much per man as in our last estimate, or two
ounces each.
The total yield of the Victoria gold fields will thus
stand as follows Ounces
Amount actually shipped to the ID of March 455. O6l
Amount held in the banks and treasury -. 9i,209
Estimated amount in private hands in the
Estimated amount in the hands of diggers
and others on the road and at the mines. 80, 600
Total. .65s,57O
Or 81 4a9 lbs 2 or; 544 cwt. 80 lbs o.; q tons
4cwt. 80 lbs 2oz Total value sterling, Gl 939,S $40.
And even here we exclude all gold conveyed by
private hands to adjacent colonies, which has not
been passed at the customs. although, if these
amounts were attainable, we have no doubt that
they would prove to be very great in the aggregate
AS we have stated before, the first large discovery
Of gold in this colony announced the 18th of
September; so that the above most astonishing re-
suits have all been achieved within trhe five
months. When the energies of the dggers are set
free again by the arrival of the rainy season, be-
lieve that through the industry of the vast number
of people now assembled on the ground, amount
of gold will be sent into the Market infinitely
greater and more astounding than anything we have
yet seen.
The Effect In England OF General SCOTS
Nomination.
From the London Times, July
Ii would seem that the power or the fortune
which guides the irregular movements of universal
suffrage in the United States has served the interests
Of the democratic party, both in the choice of its
own candidate, and in the nomination of his sole
antagonist. The sudden turn in parties which
brought up the name of General Pierce, in prefer
ence TO those Of General Glass; Mr.. Buchanan, and
Mr. Douglass placed man at the head of one of
the great political sections Of the United States
probably more worthy Of confidence and esteem.
The unexpected decision which has, after all, made
General Scott the candidate Of the wing party,
falls, on the contrary, upon the least able of the
three men who had courtcd the suffrages of the
people on that side. Mr.. Fillmore has the re-
commentator Of experience in Office and respec-
liability. Mr.. Webster has undoubted abilities Of
the fast order, and may be said to be the only
citizea Of the Union who takes rank at the pre-
sent dry as a statesman both abroad and at home.
General Scott's notoriety dates principally from
President to the United States in the person Of
General Zachary Taylor. Scott took the COM
mand Of the operations in Southern Mexico with
Worth's division, and it was under his orders that
Vera Cruz was taken, the battles Of Ceno Gordo
and Churubusco fought, and the city Of Mexico cap
tured by storm. He may now be considered the
Host eminent commander in the American army.