New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-12-09

From Orr Own Correspondent.

TORONTO, Monday, Lee >, 1913.
have just dispatch from Lord Elgin on the
trade revenue and resources of the Province dated
August 10, 1853 xhch has not been published IN this
country Ii contains sOme Information concerning our
affairs not yet known TO the public of this province.
Among other striking facts il relates that the value OF
the imports for the first six months of the year was
over fifty per cent more than for the corresponding half
of 1852 being CASH. $40 1911 ga to the pound
against G172 AGA 1871 During the same period, the
importation OF articles paying an ad yalorem duty OF
21 per cent which include cotton and other manufac-
lures increased from Gl99,O96 1872 to El,9lO,O5j
1913
OF the gold region south of the st. Lawrence dis
lance of some 90 miles from Quebec, Lord Elgn says
Ihe discovery Of gold at various points within IT, and
more particularly in the beds and banks OF some OF the
smaller streams which fall into The river Chaudere has
attracted attention to it of late years The geological Tor
nation in which these discoveries have been made held
be prolongation qthe Green Mountains Of Vermont
and s strata bears pretty close analogy TO those that run
through Virginia the CarOnas and other Southern states
in which gold has been found at intervals both in veins
and euval deposits The gold workings in this district
have been hitherto conducted on very small scale by
companies employing hired labor and for obvious reasons
is difficult under such circumstances TO ascertain what
may have been the amount OF the actual yield me en-
oouragoment kich ne companies hare met ruth IS at any
rate such TO induce them, after the experience Of tr0 or
Mre tears TO continue Their operations. unable to
visit the most productive working bat conside quaR
ty of gold attracted ia my presence from the grdre
on e bank IF small stream called Des Pilates, rAich
runs into he ChapdeTe. Whether the gold workings in
duotye and whether ii they become it would
be an sntage to the province questions which
do not venture to hazard an opinion but OF the existence
of that metal in very apprecable quantities IN the district
visited and over extensive tract of country beyond it,
no dou BIT be entertained"
Lord Elein expresses Il doubt whether the principal
mineral wealth of the Township Of Lower Canada will
be found to consist of aurferous deposits copper
megnesia and specular oxides or ir0n and other min
erals capable of economic application being found in
that region; and he expresses the expectation that
some OF these articles will, at no distant day. be
worked to advantage. Among other facts, the dis
patch mentions that intoxicating liquors have almost
entirely ceased to be used in the shantes OF the lum
bermen on the OTTAWA.
His ExceTency quietly suggests that Montreal and
the Saul Ste Marie may one day be connected by rail-
road:
1T il worthy of remark that the route Of the Ottawa
theNaitawa Lake Npissing and French River is thai
BY which Europeans t penetrated the West Along this
route Chsmplan. in 1915 proceeded as far "a Lake Nps
sing and thence the vast and tranquil inland to
which he gave the appropriate designation Of La Mer
Douce The Recollet father lie Caron, bore the Gospel
10 the Huron tribes along the track, and fol
lowed after by those jesuit missionaries whose en-
durance ard suierngs constitute the truly heroic portion
Of American annals This route has been for some time
past in great abandoned for that Of the ST. Law
renee and the Lakes The distance, however from Mon
tres the Georgian Bay Immediately facing the entrance
Lake Michigan Is, via the Ottawa about 700 miles
against upward of LOCO VIII the ST. Lawrence From this
pein TO the Saul Ste Marie the highest Of the three mar
rows Saut Ste Marie Detroit and Niagara at which the
regions lying on elmer Oh ouPc
rior Huron Erie and Ontario approach each other is
distance of about $50 miles. IL is highly probable, there
FORE that before many have elapsed this route viii
be again looked to furnishing favorable line for rail
way water communication with the fertile regions OF
the North West"
For some time past the whole Province has been in
a fame of speculation in lands, principally town and
village lots and places which are to become the sites
of towns according the prophetic holders Of the lots
The mode Of selling is by auction and customers are
seldom wanting at good, and what year ago would
have been deemed cntrageously high prices. All this
is produced By the railroads being constructed.
At every station every terminus and every place where
the railroad is to run, there is speculation 10 village
ots and farmland No doubt the actual value OF real
estate is much increased BY the railroads but whether
speculation has not sometimes oyerdOne things ls
question that the future will answer. Within two
years the selling price OF town and city property in
Upper Canada has increased from hundred TO FIVE
hundred per cent
Reports from Quebec, by private telegraph, state
that large number Of vessels frozen up below the
city An emigran vessel the Perseverance, has been
out some fourteen weeks and nothing has been heard OF
her l.. c.