The New York herald., 1872-08-11
THE PACIFIC COAST.
Attempt to Start n New Overland Route
Subsidy Of Ten Millions To BE Voted
Clashing Railroad Interests.

Attempt to Start q New Overland Route
Subsidy OF Ten Millions To BE Voted
Clashing Railroad Interests.
SAN FRANCISCO, August 10, 1872
The peoples movement in favor OF the prompt
construction OF new overland railroad below the
snow line, and in competition with the Central Pa
cifc Railroad OF California seems now to be well
assured. The proposition Is that California Com
pany, based on private subscriptions to its capital
stock, shall construct q road from San Francisco
southeastward to meet the Atlantic and Pacific
Railroad already in operation for distance OF sew
eral hundred miles westward OF st. Louis, and
possessing valuable land grants. AlvinZa Hayward,
OF San Francisco, having increased his personal
offer OF 100000 to $5000OO the private subscrip
tions now foot up about one million two hundred
and hfty thousand dollars.
To-day the California, Atlantic and Pacific Rail-
road Company Incorporates.
Under an act OF the last Legislature the people OF
about $4,000 600 to the new road for which stock
will be issued to the city. The expectation is
doubtless W Wen founded, as as the community have
Pacific Company to concentrate the entire railroad
system OF the state in their own hands, with the
terminus at Goat Island-a project which, besides
establishing an immense monopoly, is claimed to
threaten the destruction OF the present harbOr
and the building OF rival city on the opposite side
Fires are raging In the pineries along Puget
Sound, and are doing great damage.
Los Anpeles uespatcn announces tne arrival
there OF the Todd party with Professor Glass, from
the geological expedition through Arizona and
New Mexico They have 1000 pounds OF specimens
OF gold and silver and other ores, also several pins
OF precious and doubtful stones, collected on the
route from Fort Wingate 10 Albuquerque and on
the borders OF Arizona, in what are called the Ant
Hills. These precious stones were ali discovered
at the surface. They have genuine rubies the
specimens ranging from the size OF large
pea downward. The diamonds, if any, are small
and OF little value. The party found rich gold and
silver bearing quartz near Fort Wingate. The party
also claims to have discovered and located nowing
oil springs that Will yield from seventy to hundred
barrels day. but will not divulge their precise To-
cation. In old mounds and ruins OF ancient cities
thev found relics OF tools, pottery and woven
CLOTH centuries old The party Is not sangune
to the diamond discoveries. Three pints OF their
best stones will be tested and exhibited They suf-
fered great privations, and narrowly escaped
perishing while crossing the Colorado desert.
The diamond excitement In San Francisco is sub
siding.
Four negro minstrels went into the Chinese
quarters at West Point, Calaveras county, last
night, and destroyed several buildings and robbed
the Chinese OF thousands OF dollars. They were ar
rested.
At meeting in the United States Branch Mint
to-day Professor TORY, OF the New York Assay
Once; Dr. Lndeman. ex-drector OF the Mint, and
others. paid warm tributes 10 the character, worth
and eminent public services OF the late Jacob X.
Eckfeldt, Assayer or the Philadelphia Mint. Ap-
propriate resolutions were adopted.