, 1854-06-17

tons with the Indians within our DOruerS
for the cxtingishmCnt of the title to their
lands particularly with those on the east
side of the Cascade mountains, before set
tiers, in any considerable numbers, occupy
those lands. lie has acted promptly on his
in, tructions from the L. S. Secretary OF
State, with regard to the Hudson Bay Com
pany-taking the ground that their right
to trade with the Indians is not recognised,
and will not longer he allowed y and has
addressed them on the subject, allowing
them until the LIST of July next to wind up
| their affairs. He has also taken the true
American view with regard to the rights
of the Puget Sound Agricultural Company,
which he denominateS of "a vague and un-
certain nature" and will no doubt, through
our delegate in congress, and otherwise,
give efficient aid in carrying out the spirit
of our legislatures memorial to congress,
for the extinguishmcnt of their title, if they
have any.
But the true rdlue of Puget Sound, 9TH
erwise than merely as great commercial
mart for shipping to seek shelter or for re-
pairs, can be readily understood when it is
known that the pine and cedar along its
shores is of quality unsurpassed on the
Pacific and ineXhaustable in quantity that
the most desirable water power-fallS and
streams are within its reach, on which saw
mills and other machinery are constantly be-
ing erected which, in connection with our
coal mines, on the very shores of the Sound,
and the undeveloped fisheries of its waters,
must, at no distant day, attract hither the
capitalist and collier of the Allcghanies,
and the fishing smacks of the hardy and
enterprisng sons of New Ehgland-those
of Nantucket, New Bedford, Cape Cod, &c,
and then will the true ralne of Puget Sound
to the 'cestern trOrld, be properly felt and
duly appreciated
California and the Islands of the Paci-
fc, will necessarily be compelled to look to
Washington territory for considerable
portion Of ther lumber, piles, square tim
ber, ship spars, &C., and if our coal fields
meet public expectation as to extent, quail
ty and practicability in prosecuting labor
therein, we can, next year, supply the whole
Pacific coast with coal--the probable
amount. which will be consumed, VIC have
been informed, will not fall below 100000
tons, which, at the rate Of $l2 per ton,
would amount to the comfortable lite sum
Of Jfrc and a half millions!
By private letter from San Francisco
we are informed that Capt. ALDEN, of the
U. S. steamer Active" has made n trial
Of, and pronounces the Bellingham Bay
coal, the best he has used on the western
coast and AYERS that bulk for bulk, it af-
fords more power. Lieut.. TRoBRIDGE has
analyzed the coal, and expresses similar
opinion. The writer then proceeds to OBJ
serve" already have miners on the other
side Of the Horn been advised of the re-
sources here, and been put on their guard
as to making too large shipments"
In attracting attention to, and in the
speedy development of all the resources of
the territory, Gov Stevens has manifested
the deepest interest, as the subjoiHed letter
will bear ample testimony, and without fur
ther comment we ask for it an attentive pc
rqsal-satisfed that if the suggestions of
Gov. S. are acted upon by eastern capital
lists engaged in the whale and other fishe-
ries, that they will find it greatly to their
advantage meanwhile, Gov Stevens will
have established an important corner stone
whereon great and prosperous state will
spring into being, and the name of Puget
SOund-once only remembered as the III.
TINA Thule of the globc-about as indef-
mite as our Antarctic continent, will be
known as widespread as is the fame of him
in the name, and in memory of whom our
territory received its baptism.
Letter of Gov. Stevens,
To Hon. Jos. Grinnell, and other gentlemen en-.
: gagged in The Whale Fishery, Bedford, Mass,
on the subject Of the Fisheries on the Pacific.
ExEcTrIvR OFFICE, OLYMPrA, PraEr souNp.l
Washington Territory, Jan. 0, 1854,
Gentlemen. The dpen interest which I