New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-03-16
COLLAPSE OF THE GOLDEN BUBBLE.
PRosPEcToRs UNABLE TO MAKE ANY MONEY
I'm THE PLAcERs AT SANTA CLARA.

PRosPECToRs UNABLE TO MAKE ANY MONEY
I'm THE pLAcERs AT SANTA CLARA.
San Francisco March IS (SpeciaD. Dispatches from
San Diego and Los Angeles leave no room tor oouot
Of the of previous dispatches TO me IT'D
une that Lower California gold excitement is iouhueo
on tring discoveries OF nuggets In plaeefs which nave
been worked by Mexcans and Indians for many years
All The stories OF express companies and banks In
San Diego handling largo sums Of money are fa1oes'
Only q few hundred have. been received tnere
The story that s9O0 IN dust was left with GoodDee
banker of Ensenada, dwfndles 70 q small package OF
nuggets and gold, not worth over 800 taAirS
abound in the streets showing gold aust snd nuggets
obtained froin mines, but they are all runners ior
schconers or overland outfits, and when old miners
examine gold Il Is usually found to be Australian goid
excitement to san Diego has died out nov,
: s,fbcussz parties 20 out every any. George kug,
business man Of san Diego, who was the first 70 sarF
for The mnes, returned to-day. He says tho camp Is
fraud ana that the ground has been dug by success
sire gangs Of prospectors. Though one may oc-
sascnalIy find gold nuggets, yet work In the pacerS
won't nav wages, considering the high cost Of pro
visions When King left, there were 300 men IN
ssmp; but he estimated 1900 have worked there ano
Quit and at least 3,0oo arc on the road. Many AZ
DE csmp failed to mako enough TO buy victua, ana
sb,rs was actual suffering for food and for blankets
How moor the majority Of the miners are is shown by
e fact that they refuse to pay sls in fees required by
fs aexican Government Of placer miners who t&ke
peru suent possession Of claim, while no one has
drx lmed of paying S700 to locate quartz mine
prospector who returned yesterday by steamer nom
Fnssnada says no turned back after walking forty
Eve miles because he met so many disguised men,
TWO of those who who were returning were old
,r,pers from pixies Peak These men Said they had
worked all over alleged placer grounds for week
without even obtaining color. They had gone
equipped 10 last year, II they had seen an op
portunity TO mako living by mining, and II they
had beon able to pan out as little as 81 day they
would have been satisfied to stay. These men had
walked from National City to the mines, distance
Of 100 miles. Some young men from San Diego met
miners all along tho route, who told them they had
better turn back unless they had full pockets One
Of tho party tried to send dispatch to San Diego
paper telling what he had heard, but the inter
national agent refused TO forward the message unless
the report was favorable The road from Santa Clara
m San Diego Is crowded with all kinds OF curious
outfits bound for the new diggngs. These pros
pecfors refuse to believe any diScourag1ng reports
Nogf OF them arc foot and confess that they have
scarcely enough money 70 Last TIL they reach The
mines.
The only people who have made money out
Of the excitement are the railroad companies, the
international Company's steamship, the Mexican Of
Acials and business men Of San Diego who have fur'
ushed outfits.