THE MARYSVILLE EXCITEMENT.

New Zealander, Volume 6, Issue 457, 31 August 1850, Page 3

THE MARYSVILLE EXCITEMENT.

One of the editors of this paper, recently ar. ived in this city from Sacramento, represents the excitement existing at Mtrysville during the early part of the week, as that of the eaily times of the gold tidings in California. Marysville, a young city of four months' growth, numbering three hundred houses, with a population of prehaps three thousand souls, was not alone the scene of bustle, preparation, wild hopes, wilder imaginings and Gold Lake mania; but the infection bad extended to all the river towns, wlicie the hastily conceived plati to " pack up nnd go" had drawn largely upon the inhabitants to swell the tide of beings rushing to the mountains. At Yuba City, situated a few miles below Marysville, an enchanting pluce, extensive arrangements for co-operation with the Gold Laka miners were being 1 made. All the young men were gone, and men of family were preparing to follow. Places of busine» had been closed — gambling houses among the number, their owners and occupants baring cleared out for the scene of new found richei. Property holders thought prospects were brightening. Traders looking enthusiastically forward to a hungry return wave of human desire, ilorses were daily becoming more valuable, mules had doubled in value, provisions were commanding better rates, but a scarcity of money still lingered in each of these upper towns and the consumption was limited, for the waters had been high— were still too high to permit of work in the adjacent diggings. From the very best acounts we have been enabled to gather, and confirmation has been sought for the reports which hare come to vi, in a few instancci, affectiug the truth of what has been told, has been obtained, there have been made discoveries of an important chniacter. The Lake upon which gold is found in such large quantities is said to be in the heart: of the mountains, at a distance variously stated to be from 150 to 2JO miles from Marysville. The road, after leaving ihe valley and penetrating the inouutaius, be>

comes highly difficulty even dangerous, on account of the precipitate character of the canon sides, along which the path for a great distance winds. The diggings at the Lake are probably best of any ever discovered in the upper section of the Placer. Marvellous stories are current of the fortune which has attended many who earliest went to the Lake, and there appears to be a well grounded belief that the deposits are extensive and will hold out against the gold thirsty endeavors of the daily augmented throng. Nor, much importance may be attached to the frequent and prodigious stories put in circulation, through the press and otharwise, by parties residing in the towns on the upper wateri ; they are oft-laid Bchemes of a speculative nature purely. New comers should not be deceived by such. We had the pleasure of conversing with a gentleman who had just arrived from the North Fork of the Yuba. The washings of lait year on that stream were fust being deserted by victims to the Gold Like excitement. He had seen miners from the Lake. The gold which they carried with them from that quarter was extremely coarse. They did not deny its nliundnnce, but they said the Lake was hardly accessibly for pack animals. They were Canadian Frenchmen an A were not disposed to be communicative. They purchased provisions and were about to return; such was the opinion of our informant. Our latest advicei from the Sacramento being no further definite returns from the Gold Lake parties. — Alia California, June 22.