The Nevada journal., 1855-02-02
Sou!h Yuba Canal,


tion of the waters Of the Yuba The Nevada
county ard Sacramento Canal Co., thror III
their agent, DR.. r. r. Haddast, have finally
completed arrangements for the speedy com.
pletion Of the enterprise of the most satiSiacto-
! ry nature. DR.. lluddart has recently returned
after nearly Is months incessant labor III Eu
rope, after having to battle for months in Eng
land with the strong prejudices OF capitalists
against al enterprise having an Australian .or
Californian origin, as swindling transactions in
some. and Improbable investments in aN ca
sos and further, after having to contend with
the influence upon the money market Of ru-
mored war, and final actual outbreak between
the great Powers of Europe, producing almost
a panic in the money market. Bat he sue
ceeded in bringing together in England 4 body
of gentlemen of large means, willing. upon The
examination and favorable opinion Of one Of
their number, to Immediately identify them
selves with the California proprietors, and
furnish the necessary cash capital for the con
struction Of the works. For tbs purpose u
convention was entered into betwcca the par
ties, and William Nicholson Esq, retired
gentleman Of large fortune accompanied Dr.
Huddart to this country, and in conjunction
with the latter gentleman, for some time past
has been attending to the responsible duties OF
his mission, which few days since terminated
in his unqualified approval Of the undcrta-
king, and the FINAL negotiations with the com
pany for the requisite capital for the eontinu
ance Of the works.
Mr. Nicholson Was about returning to Eng
land when the unfortunate disaster occurred TO
him occasioned by the explosion Of the steamer
Pearl, and now lies at the Orleans Hotel with
fractured leg and in a suffering condition,
with, however, some prospects Of recovery. -
This unforeseen occurrence in some measure
necessarily retards the movements Of the COM
pany for the time being, bat will in no other
way affect the negotiations or the operations Of
tn, compauy-erery thing being satisfactorily
arranged prior to the accident Tor the progress
If the works in conjunction with the English
proprietors. Upon the completion Of this
great work the development of the vast min
ing region (Which this enterprise can only
command ard throw open to the hardy miner
viii quadrup'e the population CT Nevada
county and make it the wealthioSt and most
important mining county in the State fog long
years to come.
We cannot here refrain from os-rng .
tribute Of praise to those gentlemen who have
been connected with this company from its
/ foundation for the indesatisable zeal which
has characterized them in pressing this enter
prise, ard trust that their efforts i'll the con-
summation OF 80 important public good viii
he individually amply rewarded. Under the
most adverse circuElst ances-the Indifference
Of many the incrcduity Of others in regard to
the possibility Of accomplishing 80 great an
undertaking. while there were not wanting
those who we're disposed TO throw ridcule
upon the enterprise and its projectors, the
originators ID spito Of these and financial Oh
stacles now completely surmounted, have par
sued their course to triumphant accomplish
ment. At this day the introduction OF the
Yuba into the upper mining regions Of our
county, nnattaiuable by ordinary means, IS by
all pronounced to be the most important Ell
terp-isc ever projected in the State. And ii
is so. 1t will unlock treasures OF wealth now
closed up--will furnish field for enterprise Of
the most ample nature, and richly reward the
men who have had the nerve and foresight to
accomplish the work.