, 1858-05-14


Under the above heading, the alta Cali
J0rhia Of . recent date publishes a we'll
written and truthful article on the resources
and advantages of this country, and the
probable result of the late gold discoveries
IN our vicinity. As will be seen, the wliter
is strongly disinclincd to credit the reports
that had reached San Francisco up to the
time Of penning the article; but he is evil
IDENTIFY open to conviction, and doubtless ere
long viii be fully convinced of the correct
ness Of the intelligence published in this
paper. Without further remark we COM
mend the article, copied below, TO the perusal
Of our readers H
How the old time came DER US yesterday
aswe saw the eager and enthusiastic crowds Of
mn vending their way, with pick, pan and
shovel, en- board Che steamers Commodore and
Columbia, bound for the new diggings on Frazer's
river. And Il the events Of yesterday are to be
taken as criterion, the old time is, indeed, at
hand again, and the days Of 40 and 80 are to
bsrenneied once more.
~But despite an the enthusiasm that now man-
ifslz itself We are disposed to regard these mag
nincent gold discoveries with suspicion, and shall
wait for more positive confirmation Of their riches
beiors We can place full confidence in the reports.
aIf itahOuld prove true that anew gold district
Is about 70 be opened up in the country fronting
On Puget Sound, the importance Of The fact can
nerrc1ly b appreciated, even BY those who have
Witnessed the building up Of California 10 her pre-
sent INK n the scale Of independent States.
Wilh suld deposits q rich as those which have
ban dnplloped n dis State, tho Puget Sound
cuun,Iy possesses great md material advantages
inihe uly Of other resources that California docs
not When fhese. therefore, arc ADDED 70 the
aurf1rous deposits Of fhssoi, The balance Is most
decidedly IN hvOr q The northern territory, % far
e natural wealth q conccncd
"Ihe Sound itself offers numberless harboru.
he nnesl N the world, within which the largest
1h|ls ihll foal can find ample accommodation.
Ihe country Is iimberod to 4 Sufficient extent %
furnish lumber and spars for every country bor-
dlling On The Pacific; the son Is rich, capable q
producing everything that the climate win permit
toalII4l q maturity, IN bounlsous profnsion
the waters q he Sound and It's tributaries arc
he hneaI fisheries IN the world an abundance Of
co1l B iound throughout the territories on either
ddsi leaving N lhoIts but little to b asked for
n De way o. natural resources Itwil, there.
fu b 111n hat IL exports, should the gold dis
colcrIls prove true. Will not Be confined alone to
ne precious metals. 90 fhut IN endless source Of
riches pn b fHEniihsd % iis people; and, with
iud's'oul rss.rd fE aOelal progress, d should
become one Of he most prosperous countries on
tho fcn a lho Globe
HIhe ao1 and climate q Calihrnh win ever
mlko lh's State hr superior to that country as an
ngriclllurll locality, and The manufacture Of wine
al,ll ull form magnificent source Of internal
ut.l|h hat he Puget Sound country can never
pcl--2 In Aet ne riches Of theons can never
delIact from The prosperity of The other, for each
h11 destiny to iulll a Il were, epiirply separate
and distinct from he other, each having innumer.
abb sources of Wsalh that he other does not
po1s'z1. and occupying such relative go3raphieal
po1iinn1 q % mnks q ih1m tNo rrl1t twin CON.
monsalIhl. ri1h and prosperous, instead q
rirll4 seeking % destroy each olhsr Wsthefo
IN lo1kupn ne discovery q gold IN the north
en- country, N British territory though Il Be-, a
calcl'ripd % greatly enhance lhs welfare and pros
pcrily q dis Whols northern section Of ths Pa
ciae Coast And we've 4 70 result in building u
smother magnificent San Francisco We ahaI
loico in tho opportunity which Il win Offer fbr a
intn1changs q those friendly and lasting relation
which he current Of trade between two erea
ciiIl1 occupying such relative positions toward
ed olhlr alW1y1 ereaies