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Bryant, Edwin

"What I Saw in California"

The
burden of the various vessels already announced as ready for immediate
departure amounts to about 5,000 tons, distributed in ships ranging
from 190 to 700 tons, to say nothing of the West India mail-steamer,
which leaves on the 17th, carrying goods and passengers to Chagres, or
of a "short and pleasant passage" advertised to Galveston, in Texas, as
a cheap route to the Pacific. The rates range from L25 upwards to suit
all classes. Thus far, however, we have only the arrangements for those
who are able to move. The opportunities provided for those who wish to
share the advantages of the new region without its dangers are still
more ample. Indeed, so imposing are the plans for an extensive
investment of capital for carrying on the trade in shares of L5 each,
that it would seem as if the first effect of the affair would be to
cause a scarcity of money rather than an abundance. About a million and
a quarter sterling is already wanted, and the promoters stipulate for
the power of doubling the proposed amounts as occasion may offer. There
is a "California Gold-Coast Trading Association;" a "California Gold
Mining, Streaming, and Washing Company;" a "California Steam Trading
Company," a "California Gold and Trading Company;" and a "California
Gold Mining, etc.


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