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It was a time of paper credit. The country had been deluged with government bills, the famous Land Bank had been established; there had been a rage for speculating; the people had run mad with schemes for new settlements; for building cities in the wilderness; land-jobbers went about with maps of grants, and townships, and Eldorados, lying nobody knew where, but which everybody was ready to purchase.
The rich lands and soft climate of both Peninsulas have always been an irresistible attraction to the dwellers among the more barren mountains and plains of the North; and the lie of the land on the borders of both of these seeming Eldorados favours the advance of more virile peoples in their search for more genial conditions of life.
The government guaranteed to the company the control of all the trade to the South Sea, and the company was to assume the entire debt of England, then amounting to one hundred and forty millions of dollars. Magnificent project! The English nation talked and dreamed of nothing but Peruvian gold and Mexican silver, the national debt liquidated, and Eldorados numberless and illimitable!
"Does anybody kindly volunteer?" No volunteers. Silence, broken only by the chirp of the cheery little teakettle. The immense responsibility of setting the Grand Plan in motion was not to be lightly assumed. The utter vagueness of Billy's "waste places" was dismaying, to say the least. There might be many nice, inexpensive little Eldorados waiting to be "bunked" in and picnicked in, but where?
It was a time of paper credit. The country had been deluged with government bills; the famous Land Bank had been established; there had been a rage for speculating; the people had run mad with schemes for new settlements; for building cities in the wilderness; land jobbers went about with maps of grants, and townships, and Eldorados, lying nobody knew where, but which every body was ready to purchase.
"Even so, ye indigent millionnaires, and miserable bankrupt populations rolling in gold, whose note-of-hand will go to any length in Threadneedle Street, and to whom in Heaven's Bank the stern answer is, 'No effects! Bankrupt, I say; and Californias and Eldorados will not save us.
But how the names of gold-bearing creeks, or creeks that are expected to be gold-bearing are repeated again and again in every new camp! I once counted up the following list of mining place-names in Alaska: Bonanza Creeks, 10; Eldorados and Little Eldorados, 10; Nugget Creeks or Gulches, 17; Gold Creeks, 12; Gold Runs, 7.
It was a time of paper credit. The country had been deluged with government bills; the famous Land Bank had been established; there had been a rage for speculating; the people had run mad with schemes for new settlements, for building cities in the wilderness; land-jobbers went about with maps of grants and townships and Eldorados, lying nobody knew where, but which everybody was ready to purchase.
I can see it as plain as anything yet I cannot, for the life of me, remember where it is, or the number.... It was somewhere St. John's Wood way ... never mind, you must come and see me there, when we get in.... I said he was dying in debt, and thus the heaven that lay about his deathbed was one of fantastic Eldorados, sudden colossal legacies, and miraculous windfalls.
"I have in my scrip a few Eldorados, for which I expected a premium," answered Scapegrace. "Don't you wish you may get it?" said the other sympathetically. "Does your mother," said a third, with a look of sympathy "your venerable mother, know that you are abroad at the Fair?" "Perfectly well," answered Scapegrace; "it was mainly in consequence of her pecuniary distress that I came hither."
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