The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-06-08

Our GOLD PRoDUcr.-We give to-day an ex-
tended and particular account of the recent
discoveries Of gold and silver in California,
Utah, Oregon and Kansas. These accounts
have been compiled from variety of sources,
and will be found to be rather under than over
stated 30 far a. the yield, present and prospec-
tive of the mines is concerned. Probably the
new discoveries will increase our yearly pro-
duct to above sixty, and perhaps seventy, mil
lions of dollars. We sent to Europe last Sstur-
DAY q million apd half in specie, and We
could make shipment like that twice month
II it was required. In consequence of the
fondness Of our people for foreign goods, use
full and ornamental, and the national extrava-
gance (the natural effect of sudden prosperity
in nations as well e. individually, and the con-
sequent excessive importation, we have been
obliged lately to send all our gold abroad. 1t
is estimated that there are two hundred and
eighty millions of dollars in specie in this
country. Last year We sent abroad nearly
seventy. five millions considerably more than
the product We supply ell this to Europe, as
well Is over four millions bales of cotton, and
great quantities of breadstuffs, tobacco, &C.
The latter article We supply to Spain, although
we all smoke what we fondly hope to be Ha-
vana segars. We are the great supply nation
of the world, and what we produce now Is Is
nothing to the future, provided the country Is
not ruined by the scheming, selfish, ambitious
and trading politicians, who seem to be hard at
work to accomplish that consummation.
The new auriferous discoveries In Utah are
very important in many ways. They will raise
up in the Mormon Territory a hardy Gentle
population, and make an effective counterpoise
to the deepotic power of Young. They will
supply large amount of silver, which has lat
terly become scarce, on account Of the heavy
demands for II In the China and japanese
trade. They afford new fields for productive
labor, to immigrants from abroad, and the
working mon in the large cities young,
single man will not work here for ten or twelve
shillings day, when by going to Cslifornis he
is morally certain of earning five dollars, per-
hsps much more, in day, If be will but work
for It, It il hard work. of course-hard -
building railways or digging canals; but
there lie much Of romance and excitement In
the life of the gold hunter to relieve It's dan
gers and tighten up its toll.
With all the faults and the follies, and some
times crimes generally done In hot blood,
bowever), of the new settlements on the Pa
ciGc, there il something generous, noble, bold
and manly about the people, which cannot fail
to attract the admiration Of the civilized world
As TO the future Of these States-of the vast
population which viii spring from the hardy
pioneers, the sun-browned heroes Of the
pan, the pick, the Indian fight. the
death struggle with panther or grizzly,
the story by the camp Gre, the sharing Of the
last morsel with . friend over night AND
shooting him comfortably In the morning 1T is
almost beyond the ken Of the realist II our
poets, painterr, dramatfs or romancists are
bard up for subjects they need not 20 10 Europe
for them. They lie oil along the great western
valley, from where the bones Of the heroes q
the first Santa Fe expedition are Wondering
into duit, up to the head waters OF the Column
bia river.