Narrative of the Circumnavigation of the Globe by the Austrian Frigate Novara, Volume III: (Commodore B. Von Wullerstorf-Urbair,) Undertaken by Order of the Imperial Government in the Years 1857, 1858, & 1859, Under the Immediate Auspices of His I. and R. Highness the Archduke Ferdinand Maximilian, Commander-In-Chief of the; Austrian Navy.Scherzer, Karl, Ritter von
History
Narrative of the Circumnavigation of the Globe by the Austrian Frigate Novara, Volume III: (Commodore B. Von Wullerstorf-Urbair,) Undertaken by Order of the Imperial Government in the Years 1857, 1858, & 1859, Under the Immediate Auspices of His I. and R. Highness the Archduke Ferdinand Maximilian, Commander-In-Chief of the; Austrian Navy.
Scherzer, Karl, Ritter von
Novara Expedition (1857-1859); Voyages around the world -- History -- 19th century
Ten years later a certain Mr. Hargrave adopted the rational course of
visiting California, where he made himself master of the various means of
obtaining gold, after which he returned, and commenced to wash for gold in
Summer Hill Creek, Victoria, and thus became the practical discoverer of
the gold-fields, the special contributor to the development of the
resources of the country. The committee of the Legislative Council, to
whom was entrusted to examine and report upon the claims of individuals as
to the honour of having discovered the Australian gold-fields, added to
the minute of 10th March, 1841, that Mr. Hargrave, who had so
disinterestedly thrown open to all this inexhaustible mine of wealth,
ought to receive £5000, and Rev. W. H. Clarke £1000 in recognition of his
mineralogical researches, which had conduced to the same result. The first
Australian gold, 18 oz. in weight, was landed in London by the _Honduras_
on 20th August, 1851. Thenceforward the importation increased with each
month, the amount by the end of the year having reached 240,044 oz., worth
£871,652. The following year the amount extracted was 4,247,657 oz., value
£14,866,799.
The crowd of gold-seekers and adventurers, attracted by the discovery, was
something tremendous. From the commencement of Sept. 1851, when 29 men
were engaged in washing at Anderson's Creek, to the end of December, only
four months, the population of the diggings reached 20,300; in 1852 they
numbered 53,500, in 1853 75,626.
Shortly after the discovery of the gold-fields, the Colonial Government
appointed special officers, the well-known "Gold Commission," to watch
over these improvised settlements. They published "Regulations for the
management of the gold-fields," and sold licenses, at 20_s._ or 40_s._
according to yield, for the privilege of digging within certain limits;
the localities most in favour being Ballarat, Mount Alexander, Castlemain,
Sandhurst, Beechworth, and Heathcote.
The gold obtained in 1852 was valued at from 58_s._ to 60_s._ per ounce.
The banks made advances at the rate of from 40_s._ to 55_s._ per oz., or
exchanged the gold-dust at from 8-1/2 to 10 per cent. discount for coined
money. The freight was 4-1/2_d._ per oz. In 1858 the value of the ounce
had risen at the "diggings" to from 70_s._ to 77_s._, and the discount had
fallen to 1 per cent., and the Insurance Company charged for gold
transport a premium of from 1-3/4 to 2-1/2 per cent.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account