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THE NEW YORK HERALD. _ MORNING EDITION----WEDNESDAY, JANUARY 31, 1849. TWO CENTS. ADDITIONAL NEWS RECEIVED BY THE STEAMSHIP CANADA. SPECIAL FOREIGN CORRESPONDENCE oF THE NEW YORK HERALD. THE CALIFORNIA GOLD EXCITEMENT Im BNGLAND. &e. &e. ke, Our Paris Correspondence. Panis, Jaguary 7, 1849. General Complot of the Cabinet Exposed—Marrast Fnvited to Meet the President. There has been a storm te-day in the Assem- bly—an explosion— which, I think, shows that the eondition of the miaistry is of the most precarious character, and that Nopoleon had hardly organized his cabinet betore he believed himself surrounded by spies im it, and set at once to work to ascer- tain the truth of it. Under date of December 27th, three p. m., he addressed to Lavalette, the Minie- ter of the Interior, a letter, of which the following is my translation the Prefect of Police if he did not @ometimes, 20me reports upon the diplomacy; nawered me affirmatively, and added that he bad eent to you, yesterday, copies of a dispatch apon Italy These dispatches, you understand, ought to be sent directly 10 me, and I ought to express to you my ‘Gisratisfection at the delay waich you have caused in eommunicating them. I pray you, also, to send to me the sixteen “cartons” (portfolios) which I have de- mandea of you. I wish to have them on Thure- dey. [These are the records of the affairs of Strasbourg and Boulogne) I do not in! ‘that the Minister of the Interior shall control the articles whieh affect me personaily. This was not done under Louts Philippe, and ought not to be. It is also several Teeeived any telegraphic despatches; in @, | perecive that the Ministers whum | have nam with to ti me aa if the famous constitution of sieyés ‘was in force; but I will not suffer it. Receive, eto. L. N. BONAPARTE, P. 8 —I forgot to say to you that t here are at St. Lasarre eighty women yet arrested, of whom ene eniy has been carried before the council of war. Tell me if A have the right to set them at liberty; for in this case 1 will give the order for it this moment. Upon the receipt of this note, all the ministry ve im their resignations, and, except M. M. ‘alleville and Bixio, withdrew them after some explanations from the President. Three days ago Germain Sarrut addressed a letter to the Znberty, in which he stated that certain important ublic documents, touching the affairs of Stras- ourg aud Boulogne, had been abstracted from the recerda, alter the advent of M. Malleville to the ministry; and that if they were not replaced, or should not be replaced, he would prove that they had been abstracted, and could not be found by tne proper officers. M. Malleville regarded thie as an attack upon him, and opened the scene in the Assembly by denyiug that ne had abstracted them, and he alleged that the sixteen cartous were sull there under the seal of .ne State; but M. Sarrat replied that the papers abstracted were others than those in the sixteen cartons, and affect- ed him who was a conspirator with Napoleon in 1889 and 1840, and that these papers would show a conspiracy im the French police, of the letter year, to get Napoieon into their hands; that he was then betrayed by the police for that purpose; and following this declaration of the represen- tative, 1s the following explanation iu the Presse :— That in 1840, M. Thiers was Munster of Lous Philppe—that Malleville was thea his secretary, and then and now his trusty friend; that M. Thiers wanted to be rid of Napoleon, and through the French police he was betrayed and encouraged to make his tamous descent upon Boulegne—the Minister, M. Thiers, having the whole matter arranged to take and capture him as soon as he landed, and thus get poseession of his person, to put him in prison, so that he would not endanger the throne of Louis Philippe; that now ais Napoleon has become President, M. Thiers did not want these facts to be known to Napoleon ; therefore, declining to go into the eabinet himeelt, he caused his well-tried triend to take his place, that he might put the seala of State upon these papers, and refuse to surrender them to the inspection of Napoleon—that Napoleon bein informed what these pepers would prove, demand- ed the inspection of them, in the letter I have translated, and thus the cabinet explosion. M. Marrast has made two official visits lately to the President. Rumor saya that he has been sent for to form a new cabinet; there is great agitation upon the subject. Many do not believe it; all are prepared for another cabinet explosion. The re- ction of young Napaleon as ambassador to Fagland, as well as the letter before translated, shows that the President is in leading strings; that the ex-ministers of Louis Philippe are nding him hard; and that he is restive under the Joad. M. Thiers drives now, whip in hand, the executive ear; but he cannot drive the Assembly; and that he 1s attempting to drive out ot existence, by getting a vote of immediate dissolution. Onsxrver. Panis, January 8, 1819. The Threatened Ministerial Criss. The storm growing up between the Assembly and the ministry, is increasing. Each is accusing the other of misrepresenting the country, and the press of the ministry is beginning to threaten the Assembly, in case it does not consent quietly to give place to a new leg ive body; after which, it 18 intimated that M. Thiers will take office un- der Napoleon. Great numbers of petitions are flowing in from the different departments, in favor of an immediate dissolution of the As- sembly; but M. Marrast 1s not yet prepared for that measure. In regard to M. Marrast and Thiers, as the two great master spirits of the two parties—one standing at the head of the As- sembly, and the other of the ministry, behind the curtain—oth are now playing tor Napoleon ; the one to win him; the other to hold him. It remains to see the play out; for we shall soon have another developement, followed by another explosion. There is no public confidence in the ability of the ministry; it 18 to feeble—all is, therefore, doubt and uncertainty. Napoleon commences his sotrécs this week. On Tuesdays he receives the mem- bere of the Assembly, the diplomatic corps, offi- eials, &c., without invitation; on Thursdays the gentry, with invitations, as the rooms are not sufficiently spacious to allow tree access to all. Yesterday, there was. grand collection, in ali the churches in Paris, for the Pope, who is yet an exile from Rome. Ithink that the prevailing ‘opinion in France is, to restore him to his throne dy an intervention, if it 18 not done by the act of his own people. There is no similarity of views between Louis Napoleon and his cousin weet at Rome. The latter appears to be ot the echoo! ef Learu Rollin, in France. What is extraordi- mary is, that not one man has yet risen in Europe of sufficient strength to give a character and popa- larity to the ‘at revolution ot 1848. General Cavaignac, in France, is the only man who hae made any approach towards the point, and he has been crushed. Onservar. Panis, January 9, 1849. The Dissolution of the Mimstry—The Mimistenra Crisis. It ae impossible that the present ministry can exist a long time in the Assembly—it 16 too feeble, and already broken down in public esti: mation—as one man said, “it can’t get up of position enough to make a decent pretext for retiring; for the Assembly are determined that it shall die out, of its own diseases.” All is now confusion in the public mind, not or/y as to whe will compose a new cabinet, but, also, as to the -measures of public policy which they will adopt; forthough France hasa President, and the con- atitution makes him reeponsible, thus far the | course has been the same as under the chy; the ministers govern and not the Presi- dent ; nd practically they, not the President, are responer.5le ; and this meets with the general idea, I think, be , it the President should goverd, that is, appeint, and recommend measures, and be everraled by the Assembly, he must resign. That 18 Abe French 1de.\—e0 he acts the part of the majerity. Napoleon undertook to govern, and wascheckmut- ed by the resignatin of his ministry. So he yreided the point, and they a,oint the officers, propose the meacures, and take the reeponsibility, by resigaing in case the Assembly votes them down, in the same manner as under the monarchy. Jules Favre yee- terday interrogated the ministry upon the publica- tion of the letter of Napoleon to ‘Louie de Molle- ville, and M.O. Barrot said it was an act which could not be justified among honorable men. Now either Molleville or Napoleon must have d the publication. It 18 net probably the latte! it 18 neither good French, nor good composition, and it was done to degrade the President, as Jules Favre declared. The ministry were interrogated, also, as to the foreign relations of France, anda picture was drawn of the European difficul- ties. Butthe monistry receded upon their right otreserve, and all appeared to feel as if their exist- ence was, asthe Presse describes it, one of transi and, of course, of little consequence. It 13 said, and greatly feared, that Napoleon has resolved to throw overboard the Orleanists by whom he is now surrounded, and ally himeelf with the republi- cans of the tric¢.or,in the Assembly. The Constitu- tronmel is alarmed at the appearance and prospect of such an event; while the Liberty openly and directly recommends it. The legitimist journals, to the number of sixty, have called a congress, to be holden by their representatives, in Paris, the 25th instant, to concert measur coerce the As- sembly to dissolve ; and, threugh their organ, they have declared that, as Bugeaud commands the army, Changarnier the National Guards, and Rul- hures is Mi®ister of War, Napoleon can aly upon the army; and he ought, therefore, to dissolve the Assembly forthwith: while a new club, of more than two hundred members of the Assembly, have been formed, at the Beaux Arts, who have resolved that they will not fix any day for the dissolu- tion, nor entertam any propositition upon the subject. The act of ‘this numerous club, in concert with that of the Palais National, settles the question, that the dissolution of the Assembly can only be obtained, at present, at least, by force. In the meantime, I think that the signs of the umes indicate that Napoleon is among the last men who want the Assembly dissolved, and that, through Armand Marrast, their president, there is an understanding which wiil not be for the Sivansegeie’ the Orleanists, or the lesitimists, in aid of their project of dissolving the Assembly. All the bureaux of the Assembly have accepted an invitation to dine with the President, to-day; and I am prepared to see a closer connection between the Assembly and Napoleon, than exists between the latter and his ministers; and that it will result in expelling the latter from power. Young Napeleon, the eousin, will never forgive the Orlean- iste, for his deteat as ambassador to England-- and J suspeet that he is heard through the Lzberty, 0 gevere upon the ministry. Ledru Rollin, yesterday, declared in the Assembly, that M. La- rochejacquelin, the rumored legitimist, sought the mission to Constantinople, in halt an hour after the provisional government had been organized. It created mueh surprise and amusement. Paris, Jan. 10, 1849. Factions in Parts—Reported Alliance to restore the Pope—Rejectron of Lucien Bonaparte, §c. The war increases, for and against the exist- ence of the Assembly; the Constitutronmel, De- bats, and Patrié, of Paris, leading on the attack, with excessive bitterness, and the Nattonal, Liber- ty, Reform, &c. repelling it. Yesterday, the com- mittee reported to the Assembly against the ad- journment; but the vote in the committee was close, and Friday has been assigned to debate it. It will give vent to an angry and exciting debate ; and looks now as if 1t might be the teundation of a movement of force. The legitimists and Or- Jeanists are 1n possession of the command of the army and the National Guards; and MM. Bu- cen and Changarnier are officers of great reeo- ution, and participate in the hostility of the Constitutionmel against the Assembly; and less the republicans can in Napoleon, ex- re the present cabinet, and gain a new one, do not see why the Assembly will not be ome to yield, either to a vote, or to force; for | am satisfied that, at this time, the people would follow Napoleon and his ministry, im over- throwing the arent by foroe, if it should beoome necessary to get rid of it. Iam to say it, but a republican government is mot, at this moment, pepn- Jarin Frence—perhape it will be again, ia six months; butso much has been done to dishonor one, and so much misrepreeenterion has been scattered among the people, and bas been so much suffering in business. and euch an increase in the public expenses, that the blic has but slight hold poe the affee- tions of the people, who are Ah oe ble in their opinions and impulses. comeider that all depen upom the course adepted by Na- poleen, He can save, or overthrow it, as he pleases, in his present atate of popularity ; but I would not admit that be will have jach power in three monthe, for his ministry is poning unpopular, and they may draw after them his political influence. It seems to be the fate of all public mep, and public in France, to be pulled down as soon after they into existenc the work is com- meneed immediately, and the perseverance is unex- aD) y persons chi upon the new ministry, that they have entered into an alliance with Austria and Naples, to restore the Pope to political power ; but the correct statement is semi-officially denied. I think that understanding entered into upon the subject, in case the Italian pe: not restore him. The election of Lucien Bomaparte bes been annulled, as Representative from Corsica, he home, to come back again, as he un- parce, Rome, in the exp clared to have been Lucien Lorrian, that is the Prince de Caneno; but! think it proves to be hisson. The family of the Bonapartes have been so long in exile, snd so much off the stage of public life for the last thirty years, that I ha’ found it difficult to meet any Frenchmen who knew much of the younger members of apy branch of the family. They are now in a fair way to fills large page in the history of France. M. Guizot has been writing s metaphysical work during bis exile, which is just published, and is spoken of as one of merit; be is @ fine scholar, and a men of iron nerves. I have seen few men who indicate this letter quality more elearly. 1 think that he has more intel- lectual vigor than that is, more strength and force. Panis, January 11, 1849. The Carnival--The President’s Soirbes—Roman Affairs—The Dissolution of the Assembly, §c. The carnival season has set in; and with ite commencement, bal masgues at the operas, and other large balls, for public dancing. Ihave given your readers, a year ago, some idea of these ex- traordinary scenes of musement, at which the whole Parisian world assists. This year the com- pany of magquers came out in a new style of dress, and of a most fantastic character; and, as usual, they dance till near sunrise in the morning, com- mencing at twelve o’clock at night. The ftalian opera 18 just opened, under a new management, it having been shut a long time on account of difli- culties external and internal. Madame Rachel also Teappears upon the stage of the Theatre Frangais. Many of the English are coming into Paris, as the season for soirées, theatres, &c., approaches. J grand eoirecs next week, ‘ld will attend. He is represented was reason why some of his ministry would not con- sent to be rerponsible for him. But this is probably the work of detraction, beyond that which is within ¢ limits tolerated by all Freneh society. It is quite ikely to be the suggestion of those who could not jotimates, the result of truth; yet a great believe im his excessive love of [i gant id it who bave made him Presi “Y Hie 'd more responsibility than they expec! But I do not believe a word of the whole matter. countenance does not indicate a man of dissipation por do bis intimate friends belong to that clans of m He has an agreeable countenanee,indicative of kin end contentment, and habits of moderation. Ido not think that bis face indicates a very high order of talent, ‘but it does indicate s good hi and good habite. The face of General Covelgnes dicates s high order of talent, great firmness, kc. # thoughtful and active mind, and a silent mouth—his true character. To General Cavaignac was attributed, by his enemies, great fercelty of character. To Napoleon is attributed slove of display; and that he ocoupies his time in arranging the livery of bis servants, and preparing his own and their dresses for a display. From these facta, of rather from these imputations, all can understend what qualities are attributed te each. by the enemies 1d, of course, something of public impres- deman of bi him, that “it is too late.” The statement is undoubtedly true, but the latter needs confirmation, The committee of the French Assem- Pa agreed to abolisn the eau- e8 for each ay jens, and responsibility; and { think that eets with general favor. Animmense num- yesterd: @ pe james of all who vote against aenre, Parties are eom: sane to extreme posi- the Assembly, The Bourse fecls the difficulty, and of course there is little business done there—se commerce feels it greatly. The Assem- shall be exposed in the pobiiemarvet, in competition # 2 market, in com; 2 of men without the ae tae visional “great numbers of the ineurgents ha H t jnewrgent e be at liberty without any public measure—less than two thousand now remain in prison. Panis, Jan. 11, 1819. The Bowrse—Money Market—Commerce. The settlement which took place on the Slet leads us to the conviction of a firmness in the public funds. It was not overcharged with de- liveries. The continuations were in many cases done at par. It was supposed that from 76 francs the five per cents would rise some two or three francs. This supposition was well founded, for, during the fol- lowing three days, a rise did take place, as will be seen by the list of prices which I subjoin; and it 18 probable that prices would have con- tinued at that level, or in all probability would have advanced, if other causes than any to be found in the market had not operated t6 check the upward movement. The silence in the National Assembly as to the resignation of M. de Malleville was very satisfactory at the Bourse. It appeared to be understood to leave the first steps of the new government free and unem- barraesed, and not to profit by its inexperience. Thie moderation of the Assembly reassured the Bourre, and tavored the rise of securities. The parliamentary proot which was to ty the strength of the Ministry was waited for with impatience. Untortunately, the majority which it obtained on the question of primary and secondary instruction was not sufficiently decisive to put the question at rest, and left speculators igaorant ef ite real strength, and uncertain of the morrow. ‘his was the universal feeling. From the day of that sitting we had every succeeding day ru- mors ot resignation—of dissolution of the Ministry —more or leas well founded, more or less authen- ticated, but still with enough of probability to create anxiety every where, and keep down prices. The reduction of the saltduties and the budget wete forgotten, for the political ition of the country; false news, the. gore ot the salons, con- versations repeated, falsified, invented, often void of common sense as to the ministerial crisis, were everywhere circulated. Menaced with a cabinet of the regublicans of the Veille, the Bourse was in consternauen, and prices fell below those some days before assigned as the lowest. it was at last known that interpellations could be put as to the resignation of Mde alleville, Many speculators, not to be taken unawares by the disclosures expected to be made, became ecliars The next day, contrary to all expectation, so im- possible is it, at the presenttime, to form any eound jogament by anticipation, the demands on the jourse were numerous, the market was firm, and “primes” were freely offered, based, it was al- leged, on the speedy and sure advent to the Minis- try ot MM. Thiers, Molé, and Bageaud, and en the attitude taken by the Barrot miaistry, on the diecussion as to the retirement of M. De Malleville. The duration of the present Ministry would, per- haps, be more favorable to the improvement of the market, than any sudden or extreme change. How- ever that may be, the apprehensions of the fail ot the Barrot Munietry, by causing a fall of from one to two france, has induced many speculators to take acourse something like selling the bear’s skin be- fore they had caught him. I regret to have nothing better to announce than the result of these changes in the Cabinet—ot these rmbroglios of the various parts of the govern- ment—of these trials of the swing-bridge, so fatal to the restoration of business, that a more certain future, and one to be more assuredly calculated on, would encourage the money market through- out the to A ‘he Bourse now desires, and with it all the financial and commercial world, that the President of the republic and the Assembly would agree to pass three or four of the important organic laws, and then that the latter body should give place to the Legrslative Assembly. I subjoin the prices since my last report. Three Per Five Per Five Per Bank Cents, Cents, Cts. (L'n.) Shares. Deo. 27 46 95 76 90 76 70 1750 23 46 70 76 70 76 35 1770 29 45 50 74 60 74 50 1742 60 30 45 90 75 80 15 1750 46 50 76 60 76 26 46 30 76 35 76 465 75 96 15 66 45 60 15 26 75 16 46 70 76 10 - 45 70 7475 = 45 70 14 86 T4 85 10 75 60 N. B.—On the 6th the dividend on bank shares payable, which caused the reduction of price on that and following deys A report current, and very generally credited at the Bourse yesterday, that the government intend- edto reduce one-third of the army, having re- ceived assurance that they would do the same, provided France would set the example, has much tended to give a firmness te the market; and should this report prove true, and the dissolution of the Assembly take place without any manifes- tation or serious disturbance, we think that a fu- ture 18 opening on the market, of security and pros- perity. The reports from some of the manufacturing and commercial towns are better. From Havre, we learn that the trade in cotton and sugar 1s re- pivog, and that some considerable shipments have lately been made. The steamer United States, Captain Hackstaff, which left for New York on the 8th, took out fifty paesengers, and also probably the richest cargo which ever left Havre, asit amounted in value to no lese than ten to twelve millions of francs. The freight came to upwards of 31,000 dollars. F ther parts of the country the accounts are iriting. Accounts trom Lyons say that trade is still very dull there, in consequence of the doubts that exist as to the state of things general- ly, and the bad disposition of a portion of the working population, who have their minds poison- ed by socialist publications. The best foremen in the manufactories are stated to have emigrated to Piedmont, Holland, and England. ” On the whole, we are far trom recovered, in- deed, hardly yet recovering, from the effects of the revolution. The Kffect of the California Geld News in tion of Mining As- London Times, January 5.) longer doubt that we are now (From the There soem about to witness on covery of thi soon after, of the quicksilver mi: The first were discovered in 1546, most extensive ebanges in both the new old world. Up to that time, the precious metals brought into Spain were chiefly the produce < pai and taxation. At that date, the population of Spaniards and of natives began to leave the fertile plains of Mexico and Pera, to relin- quish agriculture and the otber useful arts which it bed ees to introduce, and crowd into sterile and iphorpitable districts, where some of the largest cities cf South and Central America were situated. Up to the end of the last century, it was computed that the quantity of gold and silver regularly entered into the ports ot Spain, trom the discovery of America in 1492, was equal in value to £4 000,000 « year, and it hes bee: contended that as much more came in coa- trab This would amount to near £4,200 000,000 in thre turk Spain hes ever reaped the least of this harvest. By the monopoly of les, enforced by the terror of her arms, she s0- but thereby restricted to that \terprise of her subj Siace end masufactures y peace or by war, At the same time, 6 degree of danger in pect of vastly increased wealth, of speculetio drawn from usefal arts. and especially of nial region, exclusively devoted to the metaliio wealth, It is evident there menee diversion of labor, of oapital, of food, and manufactures, to the western eoas' every way this will be a relief to ue. 0, themeelves. Our emigrante will en they land. Our shipow: ity California may soon contain « million gold hant- Ing settiers. Assuming the truth of the the soundness of tne eaiculations, which there seems Bo reason to doubt, it will belong before day's work will Jace less thau a dollar 7. it sinks below that peint, it will continue to attract new eottlers. A hundred thousand men collecting one dollar @ dey—the present avernge is stated to be ht dolla: po apes 000,000 per annum. One may, thi fore Lperntereyg saga aah yogi bigher rate, Whatever the effect may be on lo currency of the world, here is, Eide theoe elitcoring speoeles a these wortbless beads Sdhering 2; ure. It is near my thourand miles from the oppo- site shores of the Pacific, What chance was there ef kled with those ae make « fro! well wooded, tant ooast, long, the A’ vast Pacific and its ten thousand islands. [From the Lé m Times, Jan. 12.) A glance at the 7imes’ advertisements will show that the public appetite for California is likely to be promptly The burden of the various vessels announced as for ii parture amounts, even in to- day’s impression, to about 6,000 tons, distributed in ebipr rangieg from 190 to 700 tons, to say nothin, pe od ey India mail steamer which ive ow the pie carrying goods passengers to , OF of & “ short and pleasant Hateage® advertised to Galveston, in Texas, as a cheap route to the Pacific. The rates rapge from £26 upward, to suit allelesses. Thus fer, however, we have only the Bo rupees for those who are able to move. The opportunities provided for those who wieh to share the advantages of the new region without ite d ‘il more ample. Indee imposing are the pla: tensive investm capital for carrying on the in that it would as if the first would be, to cause a scarcity of mo abundance. Aboute million and a quarter sterling is already wanted, and the promoters stipulate for the power of doubling the proposed amounta as occasion may offer. There isa “ Califormian Gold Coast Trading Associa- tion,’ » “California Gold Miming, Streaming, and ‘Washing Company,” ao ‘Celifornia Steam Trading Company,” a “ Californian Gold and Trading Comps. py,” avd « “California Gold Mining, &o., Trading Company.’ The last of there alone will require £600,- 000 for its objects; but as half the shares are ‘te be re- served for the United States of America,” the drain upon our resources will be ened to that extent. to limit their operations ) ending out ame time “ collecting and oxaloring ties” wl jer the pros- pect may be tempting thers intend at once to get a tent from the Legisiat lands *‘ ae they may dee! thi ager, accompanied by an adeq ue “scsustomed to the extraction of gold in all its forms. Along with these advertisements are some of » modified nature, to parties who may neither to go out with » batoh of e1 nts, mer to stay at home and walt result of a public com . One an’? seeks two others “to share Another wishes fer s compa- f to e fis re ‘ capital” may fourth stat dividuals ing to reons 8 party ; i faring man is ready to go equal shares in purchasing a eboreee to sail on speculation.”” What number my be fopnd to answer these appeals it is impos! to conjecture, Common sense would say not one; but experience of what has been practiced in this country over and oversgain, reminds us that the active parties on the present occasion are mot caleulating too larg: !y upenthe credulity of their countrymen. The advertisements in question will be pa many bard earned sixpenc: nd shillings ea lodged as the “ preliminary deposit allowed by th: and 8th Victoria,” and s eonsiderable surplus wil! doubtiess rewerd the enterprise of the promoters this respect, therefore, a word of warning is unf: ately needed. As ds emigration, parties me as also the shippers of ass: ry will be @ pandemoni reach it from this sid Persons willl: that le hardly to be doubted, government shall ade and cordon, im which case t! t back as well as they ca: ul is no question that the first comers stand the obance of larg and is little ger of o' Ly Sieh nnee with deer a1 4, elie, oe ow there in quantities thern while as regasds articles of mamutacture: the Sus I ide, 1eng overstocked, will be able to send T! whogo out have, therefore, at all events, 801 compensating prospect for their but for those at home who may be deluded into parting with their mo- ney, not s shadow of its returm can exi: ‘his would be the case under any circumstances, a London beard being able to insure that the head gentlemen of their expeditions, and the Jaborers accustomed to the extraction of gold in all its forms, shall toil for them,and not for ives, when the United States government, even by the severest Giscipline, can scarcely command the service of a single individual om the station, is too prepesterous to Teasoned about, When, however, we observe that, except in one eaee, where the list contains a captain with the simple address “ California,” and a merehant of “ New York” whe is unfortunately not to be found in the New York Directory, no names are given of the sanguine directors who hold out the present baits, it seems almost beyond patience that the blind impulse ot greed should be so overwhelming as to impose even for a moment the duty of expostulatio: [From the London Chronicle, The Americ: jd writers have embodied the moral experience of es. At Bostop, for instance, a “crowded congrega- tion” has bee: nd edified by an “eloquent sermon” from the text, “How much better it is to get wisdom than gold!’ We are not quite sure, however, that this sacred aphorism is so completely applicable to the preach immediate purpose, as he appears to have supposed; since it may fairly be doubted whether, in the present case, the pursuit of wisdom can be pro- nounced antagonistic to. and incompatible with, of the precious metal. Our own impression decidedly is, that the two objects may very well be combined; and that they who leave house and home, shop and farm, friends and country, in quest of California gold, will infallibly reap a rich harvest of moral instruction, and will return (if at all) very much wiser than they went, The valley of the Sacramento, take it Cd ther, strikes us as to prove one of the very best— we do not say, cheapest—schools that have been opened in eur time; and as for the industrious men who so busily advertising, en each , “Emigration to California,” t,’? “Steam to the Gold Mines,’’ and the like, we can only regard them as 8 sort of head ushers in that well known academy which proverbial- Jy selects its pupils from among those whom other se- minaries have turned out as inourable dunces, which,in am amazingly short period, makes of the most unpromising of subjects. These capteins of gold finding industry might, net inappropriately, bor- row ® phrase from the education: ti much in vogue at this season of the mend their great Californian model thenoe. as, inevery « rT tablishment,” with “proficie: mpie—to name one manifest educational hing Comp Moat confid iy . ‘tes for wisdom, whose education has been hitherto neglected, and who hav grown all instruction except that which teaches fools—most eon- fidently do advise them to put themselves under the treining cf‘promoters,”’ who undertake to give the public, forthwith, twenty thousand shillings’ worth of tuition, in consideration of certain “preliminary deposits,” and who likewise promiee to goas high as ten thourand pounds’ worth, in the event of their pu- pils continuing in @ dooile mood The idea of this con- cern isexceeding happy. With a judicious appreciation ofthe popular readiness to confound the ignotum with the magrificum.the promoters” of sur “CaiiforniaGold Mining, Sireaming, and Wasbiog Compan: strict Incognito. ‘Positively. they accompany their ‘ call” of one shilling per share on twenty thousand shares (in the shape of * preliminary deposit’’), with no other guaranty than that of » prin gether with the address of the compan Onthe ih of these rig urities, the ,000, me, their “ preliminary ” further anticipate that, when the pub! forwarded to the right address the shillings, or the £1,000—which sum pledge themselves beforehand to spend in law— the contributers may be brought to see the propriety of paying up sn additional ten shillings per share, or £10,000, for contracts, surveys, plans, and tera; efter which, as it will be reasonable to e objects of both parties have been at- the contributors “shall be at liberty,” if they proper, “ to retire from the concern without any liability whatever.” C im recommend- ing such of our fi om, and are willing iminary” £1 900, jt , there is & good » hint, ‘operation “Simple”? enough. in all con if the machinery can only be got to work. Should our “pro- motera’’ sucered in imducing the good British public to pay over £1,000 to it knows not whom, they will sfford experimental evidence (to use thelr own words) of “ the facility with which gold may be collected” in localities nearerer home than the valley of the Sa- eramento. However, this “gold fever’’ is not exactly » jesting matter, A popular delirium, sbough ludicrons enough inrome of its aspects, in, after all, a painful subject of Oentemplation to those who look beyond the moment. We are, indeed, comparatively speaking, uninfected, in this country’; yet’ it might he umeate to take for granted, that many quacks will not fi and that the datiy administration of 1 femmatery sti- mulants requires nocorrestive. Most earnestly, fore, do we warn all of our countrymen who have poe he | bebpe ed beware how they relinquish the tedious, but sure, Paswaite of Tegular and honest in- rush into echemes of which they really Dg ¢xoept that the schemers have jorme: contemptuously low estimate of the com- mercial caution and good sense of the eommunity. W. now but little of the “gold district” of Californii know enough of the great, unalterable laws of nough of the history of ull E\ Dorados ing of the world, to predict that cruel and misery await those whose haste to leaves them no leisure to ceunt costs. There is ory really new in this Californiem affair. We have had it all before, over and over again ; and we know just as well what an El Dorado ends in, as we know at what o’clook the sun will rise to-morrow morning. We have had two of them already. in our own time, in the shape of Mexican mines, and “ pro- visionally registered”? railway bubbles ; and he that runs bad read. As this partioular Cali- fornian E] Dorado, apy man with an atom of com- mercial shrewdness and sagacity may see at a glanee, that it is about the most perilous ven- ture in which the dupes of their own greed ever risked life and squandered money. A country without government, without magistracy, without law, except that of the bowie-knife and revoiving pistol; « country to which all the bucancering adventurers of two hemi eaoh h all i eres are rushing, im armed swar: behind the other; a country in wh! i run up, by the com! fluences of scarcity and social insecurity, to bitant and ony be @ perfe WI to our present yur pOse) it and dangerous lace for brane n the rightful have never happened to any of ft! Californian gold, and pele it is most favorably spoken of by the assayers, unhesitatingly tell our rea that it is not, by y degr #0 free from all as the New York treat euch of our countrymen as fee) the re Inclination to take @ veyage of 20,000 miles, with the view of trying their luck in a scramble—whioh mey be all over, by the way, before they reach their journey’s end—to atk themselves two questions before startin, First, may not even gold ‘be bought too dear? And, secondly, is it quite certain thet there are not very good gold mines at home, that will handsomely pay the working? [From the Liverpool Mail, Jan. 13.) Gold! 1t isthe God of this world. Only whisper the word, and its worshippers fall down on their knees. Breathe it in the valley, and it is heard at the moun- tain top. Tellw! it can be foi d the millions rush to the spot faster than they would go to heaven. California! That is the newest “South Sea Bubble” of the day. There, they in buckets’ full for the gathering—t! “ thick asthe leaves in Vallambrosa.”” Polk, of the United States, is one of the most remarka- bly ‘oute tradesmen of these times. He wants money, but he scorns the idea of picking it up, which act of pioking, perhaps, he would censider a fraud upon the public pirit and patriotism of this republican era. Hi herefore, ina fervent spirit of true vites the citizens of the world to.. selves. “Go to Californi he says, ‘‘ there is gold !’” The eyes of the idolators glisten—the gulls flap their wings and it is well they are gulls, for @ large portion of th maginary gold district of California is six montbs of the year under water. But go they will without any mistake, with their pickaxes and melting .# it Is to be had ere it is strewed Mr, Jonathan pots, and if they only find copper instead of gold, or nothing at all of avy value, the object of Mr. Polk will He will relieve New York of afew b plished. ‘and reckless a made penniless and enturers from this or oth grosser im Magregor, cal 1d, im this country, len: Tr saw. They tell us that jollar will buy its weight in gold in Califor that alump worth «& sovereign is freely given for 1d herrin; le dese when Mr Canning “ called the ence to redress the wrongs of the old,” and derlers companies were formed to work, by the ald of British anatinery and British skill, the silver mines of South Amerios. That was the Californis of 1824. The late Mr. Huskisson, always s Utopian, though at the best a very dull man, was so inepired by this grand ap- Pyare of Britieh capital and mechanical power, that ¢ predicted that so superabundant silver would be- come that every gentleman of ordinary means in Eng- land wculd, before two or three years, have, instead of iron, or steel, or ), silver fonder and -irons in every parior of his house. We need not say that this lucid prediction has not yet been fulfilled. The ardent adventurers, instead of gaining silver fenders and silver fre-irons, only burnt heir fi and lost their investments, as many, who still survive, oan testify. So will it be with California and its gold. [From the Liverpool Meroury.} To those who are not old enough to recollect the pete io of ee 1825, and Medes or lure very “ promising’ tuses which Ca- lifornle miniog ‘companies Bopiers begur to cir- culate, we should recommend the perusal of the article, “ Mining Companies,” in M’Cullech’s Commercial Dic- tionary. They will there find a full and detailed ex; sition of the dire results of “an infatuation hardly second to that which led to the South Sea and Mis- sissippi schemes.” It is to be hoped that Englishmen, warned by the lessons of a bitter experience, will not, on any large scale, repeat the madners of an ih 80 disgraceful in our commercial history. The blindness of the gambling spirit will now, a6 then, doubtless, cauce the ruin of a race of gulls. But we may, st least indulge the expectation that the evil on the Present occasion may be eo ahd and that the hastening to be rich may not make so very many as did the Real del Monte, Anglo. Mexican, United Mexican, and other companies, which illustrated the former period, E were the geld region in California all that fanc: it,the expense ef distant ma ment, the semi- condition of the inhabitants, the abrence of ernment, and the high price of labor, would investment of capital inany mine ormines most hazardous of experiments. jer, that the Real del Monte Com- forces f expose: of benditt!. A share in this comps tock, which formerly brought 1,360 ibe, me) now be purchased for th moderate sum of five shillings. pitalist classes, however, are not the only ho need to be warned against the risks of Ca- fearful to contemplate the sufferings in store for the private adventurers who pe together £100 to carry them to the Valley ito. The bones of thousands of these h the gold laine. Already there are more deaths than the gold finders d murder and repine California acquire: fe "roall’ the cholera. Toal, we ssy—Beware! Fee ny the Soutl deluded dust of burials am: diversify pton Independent, Jan. 16.) s from America it appears that Dorado, or the golden country, jovered, though not in the same 2 whioh Sir Wi ng-sought-for has beon at length d i ‘ephical ‘tio: ooed it to bea somewhere between the Oronoco at it was reserved for di ion lay much farther north and west ores of the great Pacific Ocean. 7 ? . ‘ * ‘ . Now. what we have most to do with, in reflecting on this extraordinary discovery, is to consider what will ite effeot be upon our own com If the reports we receive are not exaggerations, we expect the dis- 'y of the Californian gold to produce as great a revolution in the monetary affairs of the world, as did the conquest of Mexico and Peru in the 16th century. In the first instance, ebante are sure to reap @ plentiful barvest in jarter, by the demand for Menufactures; and when we are better informed as to the actual quantity of gold likely to be obtained, we eball be in a better position to judge of ite bearing the various interests ofthe country. With our present information, however, we feel that our country is richer with ite coal, copper, and iron, than Californ’ mountains andriversofgold But whatever may be the Upebot of the gold finding speculation — as the northern pert of the fenineula mil brious, elimate—it is an interesting fact to km Apglo Saxon colony will be planted on the sh the northern Pacific, thus connecting, as it were, Tuling at the same time the eastern and pheres, [From Le Siecle, of Paris, January 2) ‘The wonders of the Aaiagovery of gold mines in Call- the new topic offered to the public curiosity, now a-daye rome excitement. The leland of Monte Cristo is done brown’ But before thin new chapter of the ‘Thousand One Nights” bas prodnoed its effrot, we think it necesrary to await the opinion on this subject, ofthe English press, which ie never teken by storm, and which is of some impor- tence in thie affair, whieh will undoubtedly produce & certain influence on real commerce as well asin the epecnlating tr ‘Wise people ray, but often generally too late, in the practical point de vur, that there is nothing new under the sum However prodigious ao event, # crisis, « wiracle may appear, when one reflects « little, he will find the same thing in the circle of time. in that number ovght naturally to be ranked this wonder of the year just past—the. discovery of gold mines in California. The precious metals have been obtained by civilized nations, not only according to numerous fluct ona, but also in an extraordinary proportion and western hemis- he teaatity, that ol »ls0 of many troubles. cities ro} fond Greece, and the Roman , gathered a harvest gold in taxes of all sorte—ransoms, rapine, and all the rere pbs lit serio, the plunder ofits palaces, very lun ite the work! Caled ger Li in the 1m, Portugal, an uropean ry Jo Came to suet a pitoh. that the ex- changes which had remained stationary for immeo- rial time, rose suddenly to par. From that epoch tals were the current money in ali Europe. Prste porsionsl stimalas has bown sites te laxtry ot jas 2 given to lux id trade, The metallic circulation is Great Britala amounted to £70,000,000. I¢ rose above that sum im Franee, but for the silver. A proportional increase in ulation took place im Ei without speak- ing of the increasing works of art and jewelry. causes gave to fl it elsing & great ace upen the intrinsic value of precious metals. Every piece of nd that abyss called cireuiatio; ber the plundering of Corinth. tre the Halls of Montesuma, the pal Yes! So true is it that thereis nothing new under the sun—not even this unforeseen discovery of the golden valleys and mountains of California, ‘he ordinary effect of gold—that common metal so much discredited by posts, proseribed by philosophers, and the history of w is connected withour misfor- tunes, and reads like a romance— its effeot is to exeite immoderate desires, to aid the instinctive sapniies of gambling, and very often to give birth to ry and ruin, At ail events, gold bes been discovered a:ain, It was con inthe ment of the United States, It it promises an unfor abundance, it escapes, at least, forthe present, the most impatient research, for its “placers” are situate; y thousaod miles be- yond the ocean, which intervenes between this El Do- iado and the civilized world. Theee wondertul facts, if dited, will influence Speculation and trade to a tain extent; bat we must not have faith in the Gret repor! deceptions bave often followed hopes timilar accounts, Beeides, it has been proved by ex- perience, that America would be that this discovery will bring ti Nations are like men, who disco’ Lg people who rece! for them, is onl: f gambling, and ti andthus, of course, are engendered all the terri sequences of thete vices, in which are wrecked true independence, energy, and persevereuce in industry. What bas been already the result of the discovery of gola? Numerous persons are leaving the ports of the United States, abandoning their stores, their houses of commerce, and their social position. Merobants and speculators join with ardor the company of ad- venturers. The discovery of gold threatens already to absorb the substantial produce of all great industrial labor. “When we consider,’ eay the English peadsfe op mee “the chances ofthe colony beginning in the feids of California, we find ourselves very happy that this se- duction has not yet taken hold of any of us.”” One may acknowledge, in this exclamation, the taste of England for the practical, instead of the specula- tive. A New Geld Song. [From the London Sunday Times, Jan. 6.) Ain—“* Yankee Dood t Li itterloy epeaet id?” Gold !— yellow, ry cious gol id mci PE Timon of Athens. Now’s the time to change your clime, Give up work and tasking; All who choose be rich as Jews, Even without aski: California’s preciot Every one who digs and delves, ‘All whi Kicked up su Live to see very stones Come dae with = gold none r very one who elves, Join diane ta H cing to play 40, naughty name, snled heads as fast, Raleigh did before Perisps a few sacks they will send, Only for a sample. But we hope this golden move Really is ati Else will Yank: Ove A Yankee doodle doo, Every one who or delves, Stout and brawny, ay ap Ip yourselveo— if to Californy. Accounts from the California Gold Diggings, , by the way of England. : orrespondence of the London Times. Vatranaiso, Oot. 20 84s, During the month most classes of English particularly cottons, bave beenin brisk demand at good prices. The importations from Europe (which continue limited) during the month amount to $800,- 000, the greater part of which sold within a few days atter the arrival ofthe goods. In produce for exporte- tion there is little or Eee g ‘at present. The news lately received from California of the dis- covery of an extensive fn baken aI (of which you will nodoubt have heardin England), has produced a great deal of speculation. Several oes have been de- epatched from thi rket, and others have been pre- Pp ; While houses are being opened Californie ia connection with mercantile establishments here. §The chief ground of hope for the success of all this ala- tien ie the continuance of the gol ing im ite pre- ral 100,000 has sent fertility. ready arrived jast fow weeks from advices of as much ort of San Fra: here at 1g, and we ing on the way from the p ‘alifornia, en Francieco, and great extraordinary fertility, the gold is procured. It is found with little labor, near the surface of a valley extending for many miles be- toand the great oc of moun- California Range. The American Governor of Celitornia made a visit to the washings lately, and he has reported to his govera- ment the value of the gold dust collected at $2 200,000 a month. by the present imperfect mode of working. Ap yet, the washing is free to the exertions of all who may choose or riek to seek their fortunes in this El Da- rado, An eye-witness, just returned from the scene, dercribes the bands of reckless desperadoes there ool- lected a8 something horrible. They are more to be likened to bande of pirates than to anything elee. The marters of versels in the bay of Sun Francieoo find it imporrible to retain their railors on board. They all run away to the gold washing and the captain of a Chilian verre), just arrived here from Califorots, was under the necersity of paying Inborers, to unload and load bis verre!, $1 per hour, with grog ad iktitum All the other resources of the country are abandoned for the gold washing. Labor, provisions, and goods fetch mort extravagant prices, aod immigration from the United Stater, aerorsthe Rocky Mountains, continues in one unbroken stream of fortune seekers, [From th We regret to rally entertail most destructive limite in the British dominions, have beer falsified during the last fortnight. The mortality in the London dittrict has again reached about its previous bigheat range of weeks ago. In the pro- vinoes the m y in omparatively insigaid- cont ; whilst in Seotland, especially in Glasgow, the official reports of the numbers attacked daily are upon an slarmingscale. The total number of oases through- out the country, from the first ovens of the ma- Indy, had reached on Wednesday. to 6,506, whereof 2948 had died, 1.249 had recovered and 2,819 were un- der treatment. or the result not stated. The inhabl- tanta of London were beginning te breathe agein, after the firet feeling of alarm of the cholera had sub- when last week this insidious fstal malady ap- peared in & very aggravated form at the establishment for the farming of the pauper children of the m Nita distriote, at the little village of Tooting. five routh of the Thames. About 120 children were taken il) at the first breaking out of the disorder. and the dei b erous that the weekly metro- bas been swelled from 90 od the the ad he number of deaths in the weekly report be tha ee increased. The pa- rishes of nm withdrew their pauper ohildres from the house at Tooting, @ step of questionable pradence;