The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-07-29


turning from her second trip up the river had mis-
taken channel and grounded on bar. She is not
injured and will be launched again; her stern is in /
deep water. Mining reports continue as favorable |
as ever none are contradictory; all tell the same
story. Bellingham Bay and Victoria building
up rapidly; choice lots bring enormous prices
Twenty-nin boats and canoes left the former place
on the 2Sth. bound for the mines.
As will be seen by the various letters, "high wa
ter Frazer river is still the cry, and all are
idling away their time waiting for the river to fall
which it appears, will not take place for several weeks
yet, by which time the greater part of the summer
will have passed. Let all who intend rushing head
long to these yet unknown mines look we'll before
they start. ...r. .f
REPORTED GoLD DISCOVERIES AT SEHoME.-We
learn by private letter received to-day that rich
diggings have been discovered at Sehome On the
24th, while party of men were engaged in exca-
waiting for bakery, they found the signs of gold
On washing it paid two and three bits to the pan.
Though endeavOrs were made to keep it still, the
news became known, and before the next morning
claims We're staked off for distance of over two
miles. The same letter states that in consequence
OF heavy rain occurring the next day, people
were prevented from working.
THE CRoPs IN WASHINGTON TERRIToRY.-From all
quarters we hear the most encouraging reports
of the crops. Country people assure us that the
yield of wheat this will far exceed that of
any former year in this territory. -Seaacoom Her.
aid, 25h inst. 10
The SNoouALMIE Passive have received from
Seattle handbill, of which the following is a
copy
The undersigned would respectfully inform the
public that he has just returned from the famous
Frazer and Thompson river gold mines. Having
made the journey to those mines by way of the
Dalles, Ceur de Leon, the forks of the Okanagan,
Simkameen river, and down the south branch of
! Thompson river, and returned from the same by
way OF Frazer river, he feels prepared to speak, not
only of the mines but of the best practible route
| to the same.
The mines undoubtedly as rich as any vet
| found in California, and very extensive. From a
somewhat extended knowledge of the whole coun-
try east ofthe Cascades CLEANED bv travelling over
the same during the past three years he feels safe
IN saying that the route from Seattle by way of the
! Snoqualmie Pass of the Okanagan and Similkameen
rivers, to Thompson's river, is the best possible
| route yet discovered w. II. PEARSON.
Olympia, June %, 1858.
REAL ESTATE AND HIGH PRICES AT VIC
TORIA.
Victoria, June %, 1858
! Editors Alta At this port are many San Fran
cisco gents speculating, and in my opinion of
them VIII get stuck, the only facility offered at
this place is the fact that vessels now have to clear
here for any port on Frazer river or any port on
American side ESquimault Harbor, distance four
miles from this, is good harbor and anchorage, but
mere there is none; and if Americans intend build
build at Esquimaut.
1t is my opinion as well as that of many of the
iuos0h bay Company, that in two months from
tllS the port OF Frazer river will be thrown open,
ana custom-house established at Fort Langley,
where the largest vessels can enter If so where is
victoria? Then Fort Langley, as the British town,
VIII succeed, and Simiamoo will knock Whatcom.
Uov. douglas has, so he says, written to his gov
eFnment, advising their early action this point,
ana unless by the influence of crazy Americans and
halt-bfeeds (who have heretofore claimed the cleo
i've franchise in the United States, now, traitor
ike. assume John Busm the matter will soon be
ehected The Bellingham bay trail, the Smiamoo
trali ana 1t ls only fifteen miles from SimiamOo to
Fort Langley, and the Snoquamie trail, will in a
lew months be open. Either of these routes can be
/ tn1l L,rG n, n1,,Nn.
then we can have an intercourse with the frontier
Bay Company
$ Americans have run property to enormous price.
mere. Lots vary from $500 to 100000. Goods o
every Klnd except liquors, are low and in demanc
at present: but very small stock would glut thu
market l could not advise any one to bring good
here Or anywhere else-as said before no one cal
: tell where the town will be. | have not sold all my
goods vet,
The Governor has refused to sell any more lot
at letoria and Bellingham Bay. understand the
most eligible land belongs to some coal company
ana, like all big bodies, are pursuing exclusive
and restrictive policy, which retards the progress
: OF the place very much. Whatcom, on the sam'
pay, Is fourishing little place. and Judging from
the energy Of its inhabitants (now about 400,)
the direction in which, and the effect with which
tney use their capital, | think it will outdo then
all. ihere has been great speculation in lots, as
e usual IN such cases. which held at all points o
u Bellingham Bay at about $500 per lot 1t is sur
: missed that quite as much English capital has bee
:. and will be used about the sea coast as was EN-
u ployed IN California in her best days.
There has been already many prominent English
. mel, who have visited Victoria and other Englis
ports principally, where it is thought they invested
largely, and only returned to San Francisco to pre-
. pare for additional Investment. Among them
: have the names of Mr.. Vandewater, Mr.. Jesopy
,, and Mr.. Truitte.
y LETTER FROM LIEUT.. SELDEN.
We have been furnished by gentleman of thi
q city with the following very interesting extrac
n ttprr ivad bub Il So
den, OF the revenue cutter Jefferson Davis" noN
stationed in Puget Sound
). OK BOARD JEFFERSON DAVIS" !
n PORT TOWNSEND, June l4th 1858. J
10 Our latest accounts from the mines not
u highly colored those have received heretofor
~ III Yesterday saw Immediately from the gOl
va va regions, who told me very straightforward stor,
10 He has been at work some time and made five do
Id lars day, but did not work than four or fiI
se s hours out of the twenty-four He used a rocke
}. the gold being very fine.
= cannot tell where it would be most advantageo
=, u to invest money in real estate. At one time Pc
I'll Townsend was to have been the place. and ever,
l. body proceeded thither to purchase lots, but no
Il property is held at lower figure there than Iha'
~ ever known it to be held at any point the Scum
IL Belingham Bay think, is miserable harbo
- with no natural resources to make it gener
i depot.
he i5rH.-Thc Sea Bird has just arrived from Fo
II Hupe, and have had long talk with - abOl
+ the mines. They say the country is the finest the
y" have ever seen. The river scenery is magniicen
There numerous shoals and bars, but the strea
I'D al ,S sraGe S Is nav re%r
nv Property has gone up at Victoria at least 200 p
ITO 1to cent 4 small place, which was purchased sol
time ago for 500, sold the other day at auction
5000, and the present owner has refused an offer
81, 800 for it. Lots and other property at Bellin
ham Bay greatly deprecated in value. Inde
gentleman from there informs me that proper
cd there has fa len fifty per cent. in week. th
nIa | would rather take my chances at Port Townse
~ than other point the Sound.
,er There will be two important places in this regit
bv on the English and one the American sic
/ p and Port Townsend think, will be the starti
itb point from this side Its progress, of course,
- be slower, but permanent.
~ Yours, ETC., j. NJ SELpoN
ull THE HUDSON BAY COMPANY-GOyERN(
the DOUGLAS-THE CLIMATE.
the [Correspoadence Of the Alta Carifornia.l
| |lhe SAN FRANcIsco, June 26, 1858
ol YANCoUvER'S ISLAND.
e tns The colony of Vancouver's Island is entirely
aIf the control of the Hudson Bay Compahy. Cove
~ ~ or Douglas is at the head assisted by a council
@ five, all officers of the Hudson Bay Company ant
'" legislative assembly of seven, four of whom
'placemen." The other three DR. Helmkin,
Governors son-in-law, Skinner and Yates) bel
Err in minority, carry point.
The Collector of the port receives as salary
Tor the fees for cearances OF vessels and for permits
men land goods. The Colonial Surveyor is paid fir
lci- land sales The Postmaster, the Governor, and
am, other officers of the crown get salary, exc
My what is paid them by the Hudson Bav Company
am The improvements on the roads, bridges, &C.,
eld, also paid for from the sales of public lands.
ler Governor is much embarrassed by the antagoni
re- character of his tive Offices one of which pays
hen money and the other only honor, and it is no
ere der, perhaps, that he is generally unpopular W
the the inhabitants of the island not attached To the
V of terests of the Hudson Bay COMPANY Most of
lwn people regard his administration as an oppres;
be oliearchy, and yet they pay no taxes of any
yer, scripton except rumselling licenses which are
the sued at six hundred dollars per annum The OH
L. of this high rate is of course, to protect the mo
ose- ity of the town.
pas Now that the colony is growing in mporta1
that this vicarous government must soon caasa
ntn will, no doubt, be superseded by a governor di
from England. His council and legislative ass
H. n,nlont - /. Ii