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rmer will find a ready market, at good prices, for his produce. "Should the gold suddenly disappear, the island will have benefited by the impulse just given to immigration, for, no doubt, many who came to mine will remain to cultivate the soil and to engage in other pursuits. If this be the termination of the present fever, then to the farmer who is satisfied with a competency--full garners and good larder, who loves retirement, is not ambitious of wealth, is fond of a mild, agreeable, and healthy climate, and a most lovely country to live in--the island offers every attraction. Its resources are, plenty of timber, towards the northern portion producing spars of unequalled quality, which are becoming of great value in England, and will soon be demanded in France, now that the forests of Norway and of Maine are becoming exhausted; limestone in abundance, which burns into good lime for building and for agricultural purposes; coal in plenty, now worked at Nanaimo, on the northern side of the island, by the Hudson's Bay Company--the quality is quite good, judging from the specimens I saw burning--it answers well for steam purposes, and would have found a ready sale in San Francisco were it not subject to a heavy duty (of 30 per cent, I think) under the American tariff; iron, copper, gold, and potter's clay. I have no doubt that a gold-field will be discovered on the island as it gets opened up to enterprising explorers. A friend of mine brought down some sand from the sea-beach near Victoria, and assayed it the other day. It produced gold in minute quantity, and I have heard of gold washings on the island. The copper is undeveloped. The potter's clay has been tested in England, and found to be very good. "The character of the soil is favourable to agriculture. It is composed of a black vegetable mould of a foot to two feet in depth, overlaying a hard yellow clay. The surface earth is very fine, pulverised, and sandy, quite black, and, no doubt, of good quality; when sharpened with sheep-feeding it produces heavy crops. The fallen trees, which are very numerous, shew that the substratum of clay is too hard to produce anything. The roots of the pine never penetrate it. In some places the spontaneous vegetation testifies to the richness of the soil--such as wild pease or vetches, and wild clover, which I--have seen reach up to my horse's belly--and a most luxuriant growth of underwood, brambles, fern, etcetera.
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