there were men to attend to the business; settlers from the South of Europe could develope this branch of industry to great advantage, and could not fail to make themselves opulent. There are in the country appropriate spots for the culture of rice and the sugar cane: the former could be easily raised on the overflowed lands of the San Joaquin and on the creeks of San Francisco Bay. Cotton even might be raised here, but we think one could employ his time more profitably in some other business, as cotton is so cheap elsewhere. Hemp grows wild in different parts of the country. There is yet another branch of industry at which we have not heretofore so much as hinted, but which would prove for California one of the richest mines of which she could boast; we mean the raising of sheep. The climate of the country and much of its surface are admirably adapted for the purpose; in fact, as it proved a source of wealth to New South Wales, it would be equally so to California; a great similarity of climate of the two countries guarantees the result. In this way every portion of the country would be turned to advantage; the mountains now lying barren would be a grazing ground for the sheep; and the valleys now trodden exclusively by cattle and horses would be given up to the plough, and there would be no more livestock raised than the actual wants of the country require. Merino rams could be easily procured from Oregon, Peru, or even New South Wales, to improve the native breed of the sheep. He who enters upon this business the first will lay the foundation for a colossal fortune which he can realize in a few years.