CALIFORNIA.

New Zealander, Volume 6, Issue 442, 10 July 1850, Page 3

CALIFORNIA.

The extracts from newspapers pub ished i i the gold couuiry, which will be found in other columns, btar undcniuole testimony to the vastness of thai change in political condition which is about to be eIF cted in Caliloima, ia cons<-quenc° of the lecent discoveries. It has been omputed that capital to the amount of twenty millions hteilnig was esp >iterl to San Franmco during the year 1849 from the United States alone. The lemittanci's in gold dust haie not amounted to a ihndof the sum, and consequently there is a gteat balance against California, btic nobiidy su >potes it to be lost, though much of it may have been expended improvidently. A new n itionulity has been civiited, and a powci'iul impulse given to that spirit of enter* prise winch exists in a greater or less degiee everywhere. No natures aie inaccessible to the charms, of gold; and as the Chinese huve aluady resoi'cd in lar^e nun.bers to the gold n shune, there is reui-on tj suppose th it the Japanese will albO, ere long, become dsvoted worshippers —although they can only be such at the expense of a hnil self expatriation. It ii bind that much of the gold is hoarded in California, and tint the piivate iemovnls of the precious mineral .to various parts of the globs have been very considerable ; but the la^e and regular comineicial lemtttances amount to many millions steiling, and ihe golden boil is yet prolific of tieasure, so that the enteipribin^ Yankees aie no doubt acting with their proveihiii fjresightin having made enoitnouS investments of cipitt.l, such ah they are still unspaiin^ly devoting to the formution of Culifornian settlements, The itquu'ctoents of a vast commerce will give employment to much of the golden treasure, and procure its conveision into current coin ; but eventually the love of display will prompt many who have become em died tn exhibit their affluence, by surpassing thoss Cu-Ulian grandees, some or who.-c topu.o=t accumula. tt.-ns ot silver plate were leached by means of silver hdlers of fifteen feet. Such results, however, are not th se we would hope or anticipate for Austialian c<>lonut s . We desue that they have, in return for the useful cxpoiti which they are more seveially making to ihe Lindof Gold, means and encouragement lor extended in ercourse, and the facility of procuring for themselves those lructilymg powers which pre-emi-nently mark the progie&s of American colonization, and me deficieat jp Aujtiulasia. — kouth Australian Register.