But this profuse exportation of gold is significant of another important fact, while at the same time it demonstrates what I have said above. It shows conclusively that there is no inducement to invest capital permanently in this country, either in the prosecution of business or in the establishment of homes or residences. Immigrants find neither beauty nor gain to hold them here; and I feel warranted in venturing the assertion that not more than ten per cent. of the population are satisfied to remain. Of the other ninety per cent., the bodies only subsist here—their hearts abide in better climes; and they are anxiously waiting and wishing for the time when they shall have an opportunity of releasing themselves from the golden fetters which detain them, and escaping from a country which, with all its wealth, is to them a dreary prison. Only a small minority of the few who are lucky enough, by fair means or foul, to accumulate fortune or competence, are induced to identify their lives and interests with the country.

But the women are almost unanimous in their determination not to make California any thing more than a temporary residence; and they have good reasons for this resolution. Besides the social depravity to which I shall presently allude, and which is sufficient to shock the sensibilities of any man of ordinary morality, there are hosts of minor annoyances, resulting from the climate and the geographical position of the country, that inflict peculiar pain upon female sensibilities. The mud, which is often knee-deep, keeps them imprisoned all the winter; while, in summer, the dust, as fine as flour and as abundant as earth itself, stifles the inhabitants, fills the houses, penetrates into every nook and corner, finds its way even into the inner drawers and chests, soils the wardrobe, spoils the furniture, and sullies every thing. Besides, California is especially infested with vermin. Fleas, ants, and all sorts of creeping things are as ubiquitous as those that tormented Pharaoh and his people, and quite as annoying. No house is free from them, no one can escape the perpetual martyrdom of their stings, or the annoyance of their presence. As the ladies are the special sufferers from these abominable little nuisances, their unanimous dislike of the country is not at all to be wondered at. In proof of this unanimity, I can only offer the fact that, in conversation with quite a number of women who have resided in this State, I have yet to meet with one who is willing to make it her permanent abode.

We have alluded to the winds, because they really are a peculiar feature in the meteorology of this State. In the summer time they blow with peculiar violence, and facilitate the spread of the great fires from which California has suffered so much.

CHAPTER II.
THE BALANCE-SHEET.

Let us now take a glance at the pros and cons of California in statistical form. I have said that the State is bankrupt, that she has never returned an equivalent for the labor and money invested in her, and that she has been represented to be a great deal more than she is in reality—all of which I now reiterate, and shall endeavor to demonstrate. To make out a perfect and complete account-current, or balance-sheet, exhibiting the State’s entire gains and losses of time, labor, life, money, etc., would require such a profound knowledge of financial affairs, and of political economy, that it would puzzle Adam Smith himself; we will not, therefore, attempt accuracy or exactness, but, having sufficient data to sustain us in our position, we will proceed to make it known.

Without charging California with any of the enormous expenses of the Mexican war, or the check given to the increase of population which that war occasioned, we will simply make her debtor for the amount of purchase-money that was paid for her, and for the various sums it has cost to control, manage and maintain her since. And, to avoid that complication and multiplicity of entries that would inevitably result from an introduction of all the individuals, parties or countries that have had dealings with the State, and as a matter of convenience, we will assume that there shall be but two parties recognized in the transaction, one of debit and one of credit—California and the United States. This will be treating the subject as a matter of dollars and cents, and will enable us to see how much has been made or lost, as the case may be, out of this Eureka venture or speculation.

In the first place, then, California is debtor to the United States for her quota of the amount of purchase-money paid to Mexico for herself and for New Mexico, including contingent fund absorbed by Mexican claimants, as per agreement at the treaty of Guadaloupe Hidalgo, $10,000,000. In the next place, let us see how much she is indebted to the United States for labor. At the present time, her population is estimated at about two hundred and fifty thousand. It is but little greater now than it was in 1849. In ’51 and ’52 it was larger than it was or has been at any preceding or subsequent period. It would probably be fair to estimate the average population at two hundred and fifty thousand for the last six years; of this number, it is supposed that from thirty to thirty-five thousand are women and children, who have become residents of the State within the last three or four years. Admitting, then, that there are thirty-five thousand women and children, and deducting this number from two hundred and fifty thousand, we have a balance of two hundred and fifteen thousand men, whose service for six years, at say $225 per annum for each man, amounts to $290,230,000. The outfits and passage of these men—to say nothing of the women and children—cost, at the lowest calculation, $200 per head; so we find that the expense of transporting the actual laborers alone has been at least $43,000,000. We may afford to let this latter amount rest as it is; but when we take into consideration the fact that the steamers are continually crowded with persons returning from California, and that their places are filled by new emigrants, who have to purchase new passage-tickets and new outfits, it is quite obvious that the figures express much less than the real amount. The above sums added together constitute the United States’ charge against California. We will add them together, and then compare the total sum with the amount of gold that has been produced in California.

Original cost of the country$10,000,000
Labor290,230,000
Outfits and transportation43,000,000
Grand total$343,130,000

Thus we see California is debtor to the United States three hundred and forty-three millions two hundred and thirty thousand dollars. Now let us examine the account which California brings as an offset to this amount. The entire yield of the mines up to the present time, January, 1855, has been about two hundred and forty-five millions of dollars. And this is all. We cannot credit her with any thing else that would not be equipoised or balanced by the capital, whether owned or borrowed, brought hither from various parts of the world, and invested in business and improvements, and about which nothing has been said in the bill of charges. Here, then, is the sum and substance of the whole matter: