The daily union. [volume] (Washington [D.C.]) 1845-1857, 1853-05-22
From The London Journal Of Commerce, May
The Wealth or Australia

From The London Journal Of Commerce, May J.
The Wealth or Australia.
by 'he accounts which reach this country from Aus.
.iai,a Wou'a appear that the wealth of the colony
seems al present TO be nexhaustbe, far as gold con
su'ues wealth Our latest accounts come down 10 the
3ls OF January Still there was no relaxation in ihe
search Tor the precious metal. and difficulty in obtain
ing Y wherever u was sought for There is indeed,
every probability that years will eapse without any dmi-
nuon neing experienced in the yield OF this golden
Store by every successive arrival hear OF ne fields
ue'ng discovered where gold is more plentiful than
these places where workings have already been carried
on consequently there is a constant migration from
place 10 place to reach the latest expecting 10 be the
nchesl Store oi wealth The increase of population in
through immigration from Great Britain hut from the
whoie OF Europe, from America, from China the East
lnues, and many o the islands in the Pacific Still il
uoes hot keep pace with the demand for labor Com
mon laoor is stated, is as high as los l2s per day,
and, even at such high rate. is not atainable in s
hclent quantity Gold, however is no. the only source
OF wealth 10 this extraordinary region, Copper ore of
the tches description is one OF its exports and vessel
winch arrived on Thursday last brought home besides
gold TO the value OF Els0000, no less than o7s ngos
OF copper; Nor IS the mineral wealth OF Australia con
hned 10 these metals; coal TO be had there in the
greatest abundance, although as yet the mines are bu
Iinpeecy worked. But perhaps after all the greatest
and most durable riches of Australia will be found in The
proaucuohs OF he SOIL Wool lis great staple, mus, ba
10 u never-ialing source of wealth. Ii would how
ever oe limiting the resources of the colony very much
wool were TO be It's only agricultural production The
manufacturers oil England have been long anxious 10 get
supply OF cotton from some other besides the
United States for considering The precaous nature of
our political relations with America, and the somewhat
in1ammabie temperament OF some OF the Americans, il
us always DE regarded as insecure dependence Tor
such an important article as cotton wool In The Austria
nan colonies, England is presented with ample means
ior geDg rid OF It's dependence America for cotton
is clearly established that Australia might grow su
ncient cotton not merely for the supply OF England, but
ior ihe whole OF Europe and il is surprising 10 us that
The energies OF the Australian people have not been long
since directed TO 80 profitable and certain pursuit
Indeed, there IS scarcely article of produce which
England now imports IRON ioregn countries which this
colony might not abundanty supply. We hope, there
foe mat 80 splendid region will have sufficient pru
dence TO take the golden opportunity which the present
stale OF the colony offers 10 1t Tor fully developing it's al
most inexhausble resources. Its soil and its climate
point out wherein those resources lie; and the gold
whieh Is now 30 difuseiy gathered. and often mpru
uehly anu 70 unpohiably expended only the means
to an end that end ought TO be The cultivation OF the
The first step towards so desirable an object should
oewhal 10 Tue present hour is almost entirely neglected
IN Auslralahe construction OF roads, the opening up
The communication through the entire contnent-tor II
may De considered filth continent ltis extraordinary
lha he brtlsn people should have always been tady
IN this preliminary object upon which The future pros
peniy oil every country so much depends Our North
American colonies night years since, have been rich and
ourshng, had their been developed by free
lniefcommuncalon The people are now becoming alive
10 IT. and IN every part OF British America fad that
the greatest acvy prevails TO supply what has long
want OF winch has retarded ard
progress II Tie plans which have been formed for
constructing railroads and other means of inieTcommuni-
CATION Ill our American colonies are carried out " ith
'sor, lhe value Of those countries will before long be
creased iefod and what al present desolae wastes
Will become erle fields. producing n the necessares of
hie Win respect 10 roads and roai-making Australia
has decided advantage over North America. II en-
Joys eternal summer, which offers no interruption to
Dor; while Amerca has rude and winter con-
tend with, and Tor four five months of the year labor
snecessany suspended. Australia is but little encum-
beIed WIN Trees requiring 10 be removed before the pro-
cess OF Toad-maklng be carried the ted
parts OF America on the contrary, present continu
forest OF ggaDc growth, which oilers serious obsabe
TO The labor OF road-naking. Woo-which before the
recent discovery OF The precious metal the colony
It's great staple Tor expectation. and It's principal wealth
has TO oe conveyed two three hundred miles IRON The
Interior 10 port OF shipment; making, in many in.
stances, the expense OF transit equal to ii than
what nsbt Otherwise have been the OF the article
his single fact shows how much the colony must lose
IRON want OF adequate roads. We would strongly re-
commend the coonisls 10 look TO this essential mailer,
and by every means IN their power to promote and
courage The cultivation oil the soil the readies
ior dong which is 10 open up The communication by
making roads IL will be found that wherever roads
are made, settlers and cultivation will follow nalu-
raj consequence aN|
Australia gives every prospect OF rising to be a
great county, and i, probably will b. colony
many Yeas longer Its population. as We have sad, is
rapidly on The increase and not merely population al
labofes, but men oi intelligence OF SCIENCE OF business
pursuits and business habits who ocking there from
all paris oil Europe and America III must not be expect
ed that lis ousands-snd before long. perhaps its mil
hons-will all become gold seekers and gold diggers
Australia must have expanded views aud loiier
pauohs; II must become country IN the general mean
ing OF the word Al present, Australia with fertile
SOU aBd GENIAL climate. has 10 be fed from other countries
not po s1ssng the same advantages Cut od the extra
neous supplies, and The people would be starved As il
ls, they hav 10 pay exavagant prces Tor what they ea
and drink. IL must be so until the people come To know
that The country has within ilse 10 supply H.
sell The sooner they acquire this knowledge the bet
ter for until they do they will achieve what be-
lore long they will aspire TO reach-prospery, great.
ness, and Independence. They must consider the gold
which they are now gathering as only the means
end that end, the great goal human ambition and
pecially the ambition of the Anglo-Sax race. .#