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Updated: June 24, 2025
We have heard of several other newly discovered mines of gold, but as these reports are not yet authenticated we shall pass over them. However, it is well known that there is a placer of gold a few miles from Los Angeles, and another on the San Joaquin."
For him the fertile wheat and fruit-lands of California's smiling valleys, the dull placer gold in her foot-hill streams, and the free grass, knee deep, on her cattle and sheep-ranges held no lure; for he had been first among the Humboldt redwoods and had come under the spell of the vastness and antiquity, the majesty and promise of these epics of a planet.
I went in, and my attention was directed to a series of papers unfolded on his table, in which lay about half an ounce of placer gold. Mason said to me, "What is that?" I touched it and examined one or two of the larger pieces, and asked, "Is it gold?" Mason asked me if I had ever seen native gold.
"Mr. Larkin to Mr. Buchanan. "Monterey, California, June 28, 1848. "SIR: My last dispatch to the State Department was written in San Francisco, the 1st of this month. In that I had the honour to give some information respecting the new 'placer, or gold regions lately discovered on the branches of the Sacramento River.
Again, granted even a valid and a well-managed mine, how much information regarding it does the average investor in the stock secure? In a general way, he knows in advance that all mining, whether placer or quartz, is very expensive.
There were old "placer miners" among them, and they all declared that it was just the place in which they would have expected a "bonanza." Then they all added that without water to wash the sand and gravel with, there would be little use in doing anything more than to hunt for "pockets."
Dry beef in the settlements, at 4 cents per lb., at the Placer, 1 to 2 dollars per lb.; salt beef and pork, 50 to 100 dollars per barrel; flour, 30 to 75 dollars per barrel; coffee, sugar, and rice, 50 cents to 1 dollar per lb.
I learn that the climate there is more salubrious, more conducive to long living, the citizens of Placer being peculiarly excitable and careless with their fire-arms." The sergeant had been listening with open mouth. "The hell you say!" he finally ejaculated. "The undented truth, every word of it. No wonder you are shocked.
As he crept along to a point of better vantage he came to a tree with something tacked on it something that shone in the dark like a match. In its own light he read, "Notice! I, Thomas Bowers, claim this ground for placer mining." Raising his hand to tear off the paper, he was amazed to feel a thrill pass through it, and his arm fell palsied at his side. But the notice was gone.
Really I had the money, but I just had to spend it in buying the cabin and land that was the only entrance to the placer bed. I just couldn't work the one without owning the other. Then too, I will have to blast a hole in the rock wall to get the pump located, after that, one year is all I want. One year's work will clean up all that one man ought to have.
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