The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-05-19
Thc MaripOsas Estate OF California -C0lons
Fremont and Palmer, C0Dk g. Co.


TO THE EDITOR OF THE HERALD.
Within the past weeks have occasionally seen in
letters emanatng from Washington statements relative
to the Marposas estate which require some notices and
lnasmuch had certain relations with ths property
in tins country and England during $780, Isl and 49,
should be glad to present. through the medium of your
columns, facts which may Of importance to the
public particularly, however, to those who may
contemplate investments in gold mining operations.
1t is somewhat surprising that the exaggerated es
mates Of this estate-countsd only by milons-which
have been circulated assiduously throughout the
Union, should not have received attention frsm
those who may better acquainted with its resources
and only account for 1t in this wsytha those who
really cognzant of the facts have looked upon them
too palpably absurd to demand their notice. II so,
they did not know their bearing and nothing, probably
Of the meroenary motives by which certain Interested
parties actuAted in keeping such statements
stantly before the public
this 'Msriposa" estate rich in veins gold bear
ing quartz and in placers how is that many Of those
who invested large mining machinery and in
its erection this property have realized so ltes
New York. after mourning great expenditures IN sending
out their machinery and corps OF miners from Vrgnis
abandoned and nquahed the claims which they held
by lease from COL Fremont? simply because they could
not make them pay. To my knowledge they employed
Of the mes. experienced capable miners ffon
most efficient stamping and crushing machinery known
at that time. Their Claims too, were the richest
which Messrs Palmer Cook c. had previously srecssd
their stamps and Gillian MILL and know that hazard
moth ng In stating that these gentlemen ad not even get
this estate is rich in gold bearing veins Of quartz
and aurferous depostes how II that the majority OF
those who engaged In mining and washing for gold In
1850 and even have not realized in most
enough to them for their time labor and ex
Why did not Messrs Jackson and Waller, Of Baltimore
ard Warrington who embarked largely in machlnery,
&c. also continue their o.eratons the MarposRs? Be-
fed like many others too to mention they had
been deceived Why did Msssrs. Worth & Co.. o; Rich
mond, Va, who took out q staff OF miners during the
summer of 1850 and located the "Agua Fris mine
about four miles from the town of Aaripoms-also,
Why did Messrs Palmer, Cook co., who having, was
generally conceded the best claim the richest VEIN
abandon it Why have not the London Aqua Fra Mining
Company who had actual capital of $500. oOo with
which they bought the mine of the above continue
their mining operations Becaue after An expenditure
oftwothirds Of their working capital in sending out ma
cbirery and superior corps Of Cornish miners, they
too found would not II the mineral resources OF
this wonderful estate astounding why several
thousand dollars given to Col Plume BY of the pre-
sent propretors during tie spring Of 1851 at Philade
which bed been coilessed in different parts 81 California
We're they bought to facilitate the sale Of certain min
ing ieaee upon the harposas to the philadelphia ans
California" Mining Company Or were they purchased
in order to sustain ectually the representations
made to the directors CT the London AguA FRA Com
1t would be encouraging and quite agreeable to know
of solitary irdivdua who has made anything BY quartz
mining on sh. property Some money may h.,s D 20.
little or nothing by practical mining operations The
accounts published from time to time in the newspapers
would Iced one who Is not familiar with California TO To-
fer that the Marposas is the modern Ophir-that its
riches ncscuable and its the nabobs OF
this hemisphere Some the writer's ct Washington. in
their golden have to the world mira.
bile dictuthat Col Fremont since the confirmation OF
hi title s worth bis millions THIS Is al very we'll ana
but 1t is myth intended TO nslead those VIII are
expected to Invest their for the beneht MORE par
af In nnfo
No. for introducing the waters OF the Rio MERGED upor
their property.
with California situated ia the foothills Of the Sierra
Nevada, about tive hundred and fifty miles from San
Francisco and hundred in southerly direction from
Stockton. So remote from any important market and
being great distance IN direct line from The sea coast
agricultural resources matter how good they May
be- not likely for long time to come to hold out any
very great inc to the farmer long the rich
and extensive valleys San Francisco are unoc
cuped
In our Atlantic States this property, far is min
e-al may be concerned not well known a.
in Er gland. where more than a million of dollars were
put up in ls5-52 by English capitalists for legitimate
mining operations and after fair and most thorough
trial Of four or Eve All thsr mines ON the Ma5posa
have been doned and the London California compa
MES which have managed to exist to the present time
have erected their stamping mills g., upon more produc
tive lodes in other parts Of the State.
Before tbs abundance OF gold in Australia was known In
England this property could have been sold, during the
ion sterling but now Il is fair to presume that the
whole Al, coo would not command more than any
other rough broken and nhospable tract OF the same
extent the gold belt Of North and South Carolina an6
perhaps much Ia the northwestern part OF vir
GINA the aphy tf which Ia similar to the foot
hills OF the Sierra Nevada, there tracts OF the
OF greater miner wealth, which Will ahord
their propieors in time greater revenue from coal
iron, &c. than will be realized in gold mined or
washed FROM the Mariposas.
There many interesting facts which, with the geo
logical and mining reports carefully and thoroughly
made by Two engineers, who sent to explore the
MArposAs and other parts Of CAe rnIa viii appear short
~ pamphlet, showing up this properly, ami some OF
| these identified with It, in no envable light.
THOMAS DENNY SARGENT.
WASHINGTON CRY, d. c.
B.-The statement which appeared in the newsps.
pers days snce that CooEel Fremont had OF.
fered by . Liverpool house. very large sum of none
for his undivided half interest in the Msiposssv Il
quite prepc sterous. No Epgishman Californian In hi
senses would, dare say think OF giving more than 81
cents 81 for the hill land, and, perhaps 81
S. for that which might be susceptible OF tlasS To
be there is gold upon the property but Engahmen
know too well that 1t costs to mine IL than 1t Is
worth, and should not wonder IL Americans had
| found it ont by this time.
| Interesting Discovery OF Ancient Medals.
An interesting numsmatical treasure lately dis.
covered in Nuremberg Arlon, Province Of Luxem
burg Some workmen engaged in uprooting trees found
an earthen vase strongly covered whssa,e which CON
tanned from 10000 to 900 small brass medals many OF
which, when examined found to belong to the third
century Of the Christian The coins are OF different
dies, and they bear the following
1 c. al l. ma .tSxa n~At.~