The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-08-10

INNER in sAuoriyy Of climate, serth'sy OF soil, and
pssse quent luxuYance Of vegetssou and utility Of
prccrcncn, OF IN the picturesque character Of the
peener,n The whole of this vast and valuable
erritory the cupidity 0 tho Hudson's Bay Company
Us n,Ssro Kept sealed nom the rade sut eS.erprse Of
10 psope this country and OF Canada Nay morethe
upany, except when Sir George Simpsoa mead
nrsly permitted 20 nublish oook has hbeed the
nature and dsparaged the bene6csnce OF Providence
BY describing the Whole Of the licensed territory as little
ratlon from Canada TO the Pacsfc oi and prepare
loay for interoceantc railway and whe this great
cork has been accomplished the terminus Eacas Straits
oil be thin forty or fifty days saat of Neio Zsaand Aus
Hong Kong, Japan and india aad wtA thus receive the
ss and 0ooun.uated riches Of ne East the solitary,
efa,d and eeeres policy OF the Hudsoa's Bay Oompaoy
hes hitherto impeoed all attempts which have oeen maze
explore the mineral wealth aod natural resources of
hs territory, although Providence has marked ous py
many bounui gifts admirably suited for the rsideace
civilized men, with, in the words OF sir George Smp
their schools and churches tne,r ia. sa,ns,s ana
Ne spot. In Vancouver Island, and On the meaaiana,
coal crops OF the so the shores OF Lake Superior are
,oh In mines Of silver snd copper, in British Columbia
uon "a abucdsut and every where the primeval forest
yeos inexnaostiole supplies OF magnncen. TIMBER Goia
sas been dscovered popuiss'oa nss sprung Up wnca
thOusan1s OF our fellow subjects are destined we are
persuaded, 10 repeat Britain Columbia thst process
wealth and political power Of this country in the distant
Igeons OF Australia
|TaE uUpsoN's BAY rEaRIroRY-Is ENsLAND's COLO
NIzATION PLAN A GOOD ONE?
The establishment Of colony something like the
birth OF child Everybody makes the subject Of con
yraiuasioD though nobody can te whether ought not
seope OF the born infant ret tho probabilities OF dis
against those Of hesn the chances o. dwgra,e and
misfortune against those OF honor ana prosperity and VINO
.hk Say THAI Is good thing that that child Is bora into
the verdi and still more WHO shall say tina. IL an auspi
ecus event for It's parental The anxiety and expense are
|oerAin and I'm mediate the reward and qualification re-
mote and probema,cai rna domestic Illustration seems
10 most especially applicable to the nsscent colony OF
New Caledonia With wns. a a,ureh Of rumpets has IL
been usbered into existence what tropes sud figures
have been expended on the auspicious event! One
would really suppose ha. the naaon mad received some
greA OF glory and that anotner gem OF
The highest added 10 the disdem OF the Queen
Yei nothing we believe be further from the fact
Ste upon the birth of this unsougot accession 10
onr domnIons and we begin TO quarrel sooa. it's very
name. Why make confusion bat seen one side OF the
Pacific and the other-bssween French island and 40
Englah goldned9 Why perpex geographers AMI multiply
tie seres Of future candidates TOR the civil service oy
creating this most supuruous ambiguity, ss repugnsut
somepcsture which modern times have hit upon there s
none perhaps moro Objectionable than that which Ankles
poons OF the esra surface at least ss ancient - our
evn we'll known name qualified by the inappropriate
spihet OF "new."
Passing, however, from names 70 things, we confess
TIA. regard The formation Of this colony With very e
satisfaction. We not quite satisfied Of it, necessity,
and that necessity be MADE out Is not on that account
more agreeable. Let rs see how the case stands In
and hickly wooded valley on the western side OF
the Rocky Mountains the point where they attain
tier highest ELEVATION wandering miners have found In
Ors Of the existence q gold ~ SoU,osnS,e assu
except few fac OF the Hudson's Bay Company, who
rI for ius with the native Indians These Indians are
eescrbed peculiarly fierce ami ntracabe muco more
difficult TO manage than the tribes that dwell on the
eastern side OF the Rocky Mountains. they have, nov
ever moeed go much q civilization q 70 De perisc.y
snliey TO keep the shining mischief entirely to them
telvee while At the time they are Of course, utter
liable from want OF skill aud that aversion from
settled industry which 10 marked q peculiarly OF the
savage character work the natural treasure OF the
via N which I ana no,sn ss pA 0Sze sors
ef Sggers from California, mixed multitude OF All ns-
uops armed Of course Alter the fashion Of such men,
forward 70 the banks Of the Frazer river They
are dssrbed a. the very dregs OF society," and the pre-
Californian press not over fastdous IN such matters,
ecpgr sulsee the state on their departure TINS Invasion
Ne accomplished by two routes-,ne one up the Frazer
river, q stream overhung by lofty crags and
abrup. precipices full Of rocks, eddes rapids, and
ty high and dacult mountain pass from the valley Of
the Columbia Many have perisned By the upsettsng OF
and other casuaes, put me remainder press on
on other such OCCASIONS with nextpguishabie ardov,
sareees Of the fate OF those who FALL and reckless Of the
fearful rsks that lie before themselves even when they
shaI have reached the goal Of their desire The land
d,sos,e and can Afford them nothing aud they rely
for support the provisions they carry with them into
nhospltabe wilderness There 10 as yet no authority,
90 police excep. rude oupcaats Of society may
pssu,e among themselves influenced BY tue instincts OF
self presery alton when tney have reached the new
n Dorado there wss for them the crafty boodtairsy and
able savage who never thro vs. aaay chance
exposes himself the weapon Of AZ enemy nor misses an
opportunity Of slaas and revenge The case very
aren, from ina, OF Australia add California, both or
,nsm settled countries and the former OF which, 81 aay
rate he natives had long ceased 70 be Formidable We
can anticipate 1otnng from this meeting between the
sst civzed OF civilized and the most savage Of
ssvages boil Of mutual determination, In whcn The
eunnrg the ierocy ana the local knowledge OF the In
tsu msy Iurn GU, al lsss match for the higher know
edre OF the white II has hitherto been tho boast Of
the Hudsons Bay Company that, In exchange Tor The
s rom the shame and oss Of those sanguipary with
lae Ipdan tribes which, from Florida 10 oregon nsveso
Oug desols ed the frontier OF the United states But the
matter hss already passed out Of the coatro OF the com
I.ny aud the state Of things which owe 10 their mo-
serHion exists, We fear, no longer.
We heye said that not Atshef ihAs under such
s,~nns,snoes h, vas necessary 70 found colony 81 ALL
he country Wild and uanhabited ard, though nomi
rally under the sovereignty OF the British crosn, WAS
resy abandoned 10 TIE saysges from wnom tue factors
Al ne Hucsons Ray Company purchased taer fnrs, and
over vhuse habits and manners they exercised shght
pa, 90 far a. extended, sanitary influence Uonsaerog
me remotencss Of the situation, the exrome disu,y OF
sccers the almost total mpossib'y OF adequately DIS
charging duties Of government under circumstances
NJ untexa ard ard amid elements 80 turbulent, II
riyhs bsve been perhaps, better 70 sBo. this remote
AMI insulated region 10 remsls untouched Ile longer
saul society hsd assumed saa7e wncn Admi.'ea on
something ike possibility Of regular government We
olsot efficiently control the Indian oes, nor exercise
s.y adequate authority the dsrdcrlg horde TIA,
nvadiDg them. Night not have been better ~ dofer
a. form.f assumption Of that authority IN felt
sere Ia . condition ~ exercise with ehsoH Toese
S1essoue, however. ere rosrey speculative now TO
Ony orosus n execute With pruce0ce AID vgor tie plan
vtisn We have ociberseiy adopted. We have psced
"a esunIy shcn destined 10 b toe seat oi var
ssscre las bscoue the settled hso,auon Of civilized
man. under the direct soy sfosuty OF lie Crown, aad tho
n nor Of TIC Co9n ana the fopre now pledged % pre-
ssfve in this savage <esncss the same peace and order
As prevail IN cvejy o;ner par, Of her NsIesys fonnins
vha,ever cust this riDsi be done, and the cnst, We
'.sr "a be heavy indeed will DO, DO enough TO send
rio q var 10 toe mouth Frazers river, and 70 erect
casto houte there 10 levy taxes ia the Qieens name
s mgst py some other establish some aathof
n or The gold fields themselves, which. though vii
re too ate 10 ali probability, TO prevent mischief,
~ a. any rate serve n check " recurrence We can
eplv hopc Aha, lbe responsibility have undertaken,
seusn m0usly rot veely, viii De surrounaeo oy FEWER
difficulties than We q, present anticipate
Markets.
LONDON MONEY MASKKT.
TTrom The London Tines CITY Art,cle), July y
The Fue'sh FUNDS opened etescily this morning, nut
tiere wss Afterwards tendency 70 weakness Toe nrst
ssrsars "a cnnscIs serc AT yesterdays quotston e5H
pby. and the official close there ~ere sellers a. s5s
After regular hours, however, tue price wn % sa91