THE CLIPPER SHIPS.

About this time was the first appearance of the celebrated clipper ships. They anchored off of Happy Valley and attracted great attention; they could make the trip around Cape Horn from New York to San Francisco in three or four months; they run wet; their bows were very sharp, and, in a rough sea, instead of mounting the waves, they cut them, and the bows ran under water, and their progress was not impeded by the waves, saving two or three months' time, which was of great consideration then. There was no railroad across the Isthmus then, and there was no other way of transporting freight between the cities of New York and San Francisco except around Cape Horn. They had great fame then. England conceded their superiority over all other sailing vessels for speed; but they have passed away, the railroad reducing the time to from five to eight days; of course, there is a great difference between that and three or four months. The days of sailing vessels, however great their speed, to a great extent, is gone. Besides, there are regular lines of steamers to most every port of the world, and the ocean is covered with tramp steamers.

That winter a convention was called to organize a State government and apply for admission to the Union. The Southern element there wanted to make it a slave State. The Northerners, including both Whigs and Democrats, wanted it free. They did not want to be brought in competition with slave labor in the mines, and have their occupation degraded in that way. Their pride, as well as interest, was at stake, and there was great feeling on the subject. Meetings were called all through the mines and addresses made and candidates nominated. The average of intelligence there was away above any other part of the country. For they were men of enterprise, or they would not have been there in that early day. At Mormon Island, one of the miners got up and made a speech. He so impressed them with his ability that they unanimously nominated him as their candidate to the Constitutional Convention. He was an old acquaintance of mine. In 1847 or 1848 he was a Democratic member of the Legislature of the State of New York, from Washington county, and was chosen by that body to deliver the oration on Washington's birthday. His name was George Washington Sherwood. He was elected to the Constitutional Convention of California, and wrote its first Constitution, copied after that of his native State, New York. The Northern element prevailed in that convention, and California came in a free State by its unanimous vote. Broderick headed the Northern sentiment; Gwin, who had been a United States Marshal in Mississippi, the Southern. I met him often. He would come into a bar-room and say: "I did not come here to dig gold, but to represent you in the United States Senate." He would then say: "Come up all, and take a drink." I thought that was a strange way to inspire the people with the idea that he was the proper person to represent them in the United States Senate. He was elected, with Colonel Freemont, the first two United States Senators from California. At the next election for United States Senators, Broderick got absolute control, and although Gwin had fought him bitterly, they were the two senators to be elected again. Broderick had the magnanimity to induce his friends to go for Gwin and had him elected with him, and Gwin showed his ingratitude by going at once to Washington and securing from Buchanan the control of all the appointments of the government in the State of California. So when Broderick came there, there were none to give his friends. Gwin was afterward very prominent in the rebellion. He went out in a boat in Charleston harbor, crying out from it his advice to Major Anderson, advising him to surrender at the time of the attack on Fort Sumter. (This is a matter of history that occurred after the time of which I am writing.)

A BULL FIGHT.

There were bills posted about the city that three of the most celebrated fighters of Mexico would have an exhibition in the evening, and combat with animals. As my friend and myself never had seen one we thought we would go. It was an amphitheatre, with circular seats about the pit, with thick planks around it, the seats commencing about twenty feet from the bottom of the pit. There was a door at the side of the pit, which was raised by pulleys, which admitted the bull. They were wild ones. Our seat was about the fifth row back. The house was crowded and brilliantly illuminated. Then the bull-fighters were in the pit, one on horseback, two on foot, gorgeously and brilliantly dressed, with swords, the blades pointed like spears, with red flags in their hands to attract the bull. The door was raised and the animal came rushing in; he was a terrible one to look at. Blinded by the lights and the scene, he rushed and roared around the arena; I trembled in my seat, although I was in no possible danger. The first feat of the bull-fighters was to plant a rosette on the shoulders of the animal with a barb implanted in his flesh, which enraged him more, with colored ribbons, two or three feet in length, attached to the rosette, which was flying in the air as he went around, indicating to the audience the success of the feat. Then the same feat was performed on the other shoulder. Then when the bull attacked the man again, a rosette was implanted between his horns, and the man escaped, which was the most difficult of all. They had red flags in one hand to enrage and blind him, but this bull, he became so furious and enraged that they could not master him. He rushed upon the man on horseback, threw the horse and rider, and, with his horns, tore the entrails out of the horse and killed it. The man was wounded, but escaped. The rest of the fighters fled, and one climbed up the side of the paling and came within two inches of being impaled alive against the side by the bull's horns. As I write I can, in imagination, hear the sound of the animal's horns as they struck the boards in missing the man. The bull was master of the situation; he had cleared the ring. It was a terrible sight as he roared around in his fury. Then the most startling event of all occurred. It seems incredible, but it is the truth of history, and I must write it.

A greaser, with no weapon, but simply his seraper, a shawl that he wore around his shoulders, took that off and stretching it out in his hands, jumped down into the pit of the ring alone, to the entire astonishment of the audience, looked Mr. Bull in the eyes and dodged him with his shawl as the animal attacked him. He had probably been brought up among wild bulls. The audience all arose in excitement, expecting to see him torn to pieces, and crying out for him to escape. The professional bull-fighters got their red flags and drew the bull off, and the greaser escaped, and seemed to be surprised at the excitement of the audience. They succeeded in getting the bull out, and dragging out the dead horse, and letting in a less ferocious one. The same performance was gone through with him, as already described, except that this one was conquered. At last, when the bull pitched at the man, he holds his sword in such a way that the weight of the animal comes on it, and passes between his foreshoulders and penetrates his heart. In an instant the back wilts and the animal lies dead. It was the most sudden change, from full vitality to death; it startled you. It's a shock to your nervous system. My friend and myself said it was the first and last bull-fight we would ever see.

The price of lumber and vegetables kept up. I paid forty cents a pound for potatoes in buying provisions for the hands on my brig. I furnished them enough to last them on the up trip, but not for the return, so they would hurry back. It was now time for the vessel with the houses to arrive, and I expected to buy a ship with the money, and to go to the Sandwich Islands and make, what I considered, a fortune for me, but alas! no Prince de Joinville came. It was hope deferred. Finally the rainy season set in in full blast, and all consumption of lumber stopped. The high price had stimulated shipments from everywhere. There was a big reaction in the price. The first prominent failure in the city took place, I think it was Ward & Co., commission merchants and private bankers. It was said it was owing to his large orders of shipments of lumber to that market. He shot himself with a pistol in the morning in his bedroom and died, knowing that he could not meet his creditors if he went to his place of business. About this time it was announced from Telegraph Hill that my vessel, with the houses, was entering the port two or three months after she was due, striking a glutted market. I had four or five thousand dollars to raise to pay the freight on them to get possession of them, or I would lose the capital invested. So instead of making $18,000 profit, which I might have made if they had come on time, I was running the risk of losing the capital invested in them. Colonel Stevenson had selected six of them some time before, which he wanted for his New York of the Pacific, which he said he would make me an offer on as soon as they arrived. I saw it was my only chance to save myself to close that sale. I was at his office in the morning as soon as there was any probability of they being there. I said to him: "The houses have arrived. I am ready to receive your offer for the six you selected." He said he had no money now. I said I did not want any (which was a white lie). I said I would take a draft on Prosper, Whetmore & Co., of New York city, for $3,000, payable in ninety days, and his note for the balance, on his own time. He looked over the plan of the houses again. He said he would not give but so much. I said to him, that was not the question, what will you give? He said I will give you that amount, naming the sum. I said at once, they are sold, they are yours. He gave me the draft on Whetmore & Co., for $3,000, payable in ninety days. Just at this time, his partner, Dr. Parker, came in. The colonel informed him he had bought six of my houses. He said, you have made a mistake. Lumber is in a glutted market. It is falling rapidly. The colonel said, that makes no difference now, I have bought them. The colonel was considered rich. No one there questioned the soundness of his draft. I went with it to all the brokers in the city, but could get no offer for it. I then went to Charley Minton, the agent of the steamer Senator. I thought he could send it to New York to the owners of the steamer for its face value. He said, the best he could do with me was to give me $2,250 for it. Money was ten per cent a month, and scarce at that. Three months time, at the rate of interest there, would be $900. I said, I would take it. He gave me a check on his broker for that amount. He paid me in gold, $16 Spanish doubloon pieces. I tied them up in my handkerchief, and went to McCondery & Co., and said to him, the vessel, with my houses, I see, are consigned to you. I will pay you $2,000 now on the freight, and before they are all taken off of the ship, I will pay you the balance. He said, take them all off, and pay the balance at your convenience (we were acquainted and had come up on the same steamer, and played whist together). It cost me $800 to get them ashore. There were no wharves then. They had to be taken ashore on lighters. I expected my brig down from Stockton soon, with $2,000 freight money, so I was out of the woods financially for the present. I then made arrangement with the colonel to have them landed on the North Beach on land owned by him, where I could retail out my other six houses, which I had to sell, when I got a proper price for them. We formed a copartnership. I was to take one of my smallest houses, and have it erected there, to be used for an office, and to use the grounds as a lumber yard to sell on commission, and as a place for storage, which was very scarce then. There were quite a number who had taken the liberty of piling lumber and other articles on it, using it as public ground. I took formal possession of it in the name of Colonel Stevenson, and gave notice to the different parties that if they did not remove their materials from the premises in ten days they would be charged so much for storage. Some removed, and others did not. I recollect the German house that did not remove it in thirty days after the ten days of notice. It was a wealthy house, and I handed them a bill of $250 for storage, at which they demurred very seriously, questioning our title; but they paid it. When I went out to the ship to see about taking my houses off, I met the first mate, whom I got acquainted with in New York. I told him I thought the ship had been lost; that all the old tugs of ships had got in ahead of them. He said to me, I have had the worst time I ever had in my life. I have had to carry that old man on my shoulders (referring to the captain) all the way. Whenever we had a good breeze and sails were all full, he would come on deck and order shorten sail to check our speed, or we might have been here a month sooner. That told the whole story. I saw them take freight, in my presence, when they were offered $1.50 per foot, when they told me there was no room for the other half of my houses to go on the ship, when I had a legal contract with them at sixty cents per foot. My freight alone would have made a difference of two or three thousand dollars by excluding it and taking the other in at the difference in the price of it. There is no doubt they served many other shippers and put their goods on other vessels, and kept theirs back until the other ships would get to San Francisco ahead of them, so that they could deliver the freight according to their bills of lading on the arrival of the Prince de Joinville. That was why my speculation was ruined by their dishonesty. Instead of being the fastest ship, it was a fraud, a decoy, a dead trap on those who were unfortunate enough to ship by it. When I saw the captain he was very humble. He had all kinds of apologies to make, and invited me to go to China with him. I could have the best state-room on his ship. It should not cost me a dollar. I could go around the world with him. I saw that my speculation was ruined by their dishonesty, and there was no remedy, and, like all human events, that ended it, and I had to abandon my Sandwich Island expedition and throw my anticipated fortune from it to the winds. Mr. Meighs, the one who failed and ran away to Chili, and built the railroad in that country from Valparaiso to its capital, and then organized a company and constructed railroads in Peru, had a lumber yard side of me. I sold, after a while, my other six houses, one at a time, retailing them out, and, by careful management, just succeeded in saving my original capital.