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Domestic News
March 1, 1850
Des Moines Courier
Ottumwa, Wapello County, Iowa
What is this article about?
Extract from Panama Star on January 20 reports vast gold and silver treasure transported across the Isthmus from California, totaling over $9 million from October 1 to year-start, including shipments by companies and private individuals.
Clipping
OCR Quality
98%
Excellent
Full Text
The following extract from the Panama Star of the 20th January, will convey some idea of the vast amount of treasure being brought from California:
The public abroad are little aware of the astonishing amount of gold and silver which passes monthly, and, we might say, daily, across the Isthmus from this point to Chagres. The long train of mules which pass out of our city gates, laden with ingots of gold and silver, and boxes of specie and gold dust, would have made the heart of a buccaneer in the olden time dance with transport and fill the mind of the dazzled adventurer with dizzy visions of inexhaustible wealth. These amounts are only transmitted by public agents here, while the treasure from California quietly carried over by private individuals, and which can scarcely be correctly or over estimated, as no account is to be had of it here, must greatly exceed them in value. We give below the amount forwarded from this place from the 1st of last October to the beginning of the present year:
By Zachrison, Nelson & Co. $1,095,814 08
By R. M. Steamship Co., 767,090 00
By private individuals (estimate) 2,500,000 00
Total, $5,362,814 08—
Gold and silver by R. M. S. S. Co. from South America, Mexico, &c., $4,000,000 00
Making the sum total of $9,362,814 08
The public abroad are little aware of the astonishing amount of gold and silver which passes monthly, and, we might say, daily, across the Isthmus from this point to Chagres. The long train of mules which pass out of our city gates, laden with ingots of gold and silver, and boxes of specie and gold dust, would have made the heart of a buccaneer in the olden time dance with transport and fill the mind of the dazzled adventurer with dizzy visions of inexhaustible wealth. These amounts are only transmitted by public agents here, while the treasure from California quietly carried over by private individuals, and which can scarcely be correctly or over estimated, as no account is to be had of it here, must greatly exceed them in value. We give below the amount forwarded from this place from the 1st of last October to the beginning of the present year:
By Zachrison, Nelson & Co. $1,095,814 08
By R. M. Steamship Co., 767,090 00
By private individuals (estimate) 2,500,000 00
Total, $5,362,814 08—
Gold and silver by R. M. S. S. Co. from South America, Mexico, &c., $4,000,000 00
Making the sum total of $9,362,814 08
What sub-type of article is it?
Economic
Shipping
What keywords are associated?
Panama Treasure
California Gold
Istmus Transport
Gold Rush Shipments
What entities or persons were involved?
Zachrison, Nelson & Co.
R. M. Steamship Co.
Where did it happen?
Panama
Domestic News Details
Primary Location
Panama
Event Date
From The 1st Of Last October To The Beginning Of The Present Year
Key Persons
Zachrison, Nelson & Co.
R. M. Steamship Co.
Outcome
total treasure forwarded: $9,362,814 08
Event Details
Vast amounts of gold and silver from California are transported across the Isthmus to Chagres by mules, including public shipments and unestimated private carries, with specified totals from October 1 to January 1.