o stay at home and wait the results of a
public company. One "well-educated gentleman" seeks two others "to
share expenses with him." Another wishes for a companion who would
advance L200, "one half to leave his wife, and the other half for
outfit;" a third tells where "any respectable individuals with small
capital" may find persons willing to join them; a fourth states that
respectable persons having not less than L100 are wanted to complete a
party; and a fifth, that a "seafaring man is ready to go equal shares
in purchasing a schooner to sail on speculation." What number may be
found to answer those appeals it is impossible to conjecture. Common
sense would say not one, but experience of what has been practised over
and over again reminds us that the active parties on the present
occasion are not calculating too largely upon the credulity of their
countrymen. That the country will be a pandemonium long before any one
can reach it from this side is hardly to be doubted, unless, indeed,
the United States government shall have been able to establish a
blockade and cordon, in which case the new arrivals will have to get
back as well as they can.

PROBABLE EFFECT ON THE CURRENCY IN EUROPE.--In the description of gold
mines, and rivers flowing over golden sands, we must be prepared for a
little over-colouring. Such discoveries have always excited sanguine
hopes, and dreams of exhaustless wealth; but if the accounts--and they
really appear well authenticated--of the golden treasures of California
be true, quantities of the most precious of all metals are found--not
buried in mines, but scattered on the surface of the earth, and the
fortunate adventurer may enrich himself beyond the dreams of avarice,
almost without labour, without capital, and with no care but that which
cupidity generates. The principle that the value of the precious
metals, like other products of industry, is determined primarily by the
cost of production, and then by scarcity, ideas of utility, and
convenience, seems to be neutralized by this new discovery; and it
becomes a curious question, how far it may affect the value of gold and
silver in Europe. If the abundance of gold flowing from America be such
as to exceed the demand, the value of gold will fall, and the price of
all other commodities relatively rise, and the relative proportion
between gold and silver be disturbed so as to affect the standards of
value in each country and the par of excha