The clipper ship era: an epitome of famous American and British clipper ships, their owners, builders, commanders, and crews, 1843-1869Clark, Arthur H.
History
The clipper ship era: an epitome of famous American and British clipper ships, their owners, builders, commanders, and crews, 1843-1869
Clark, Arthur H.
Clipper ships -- Great Britain; Clipper ships -- United States
The gold mines exerted an irresistible attraction, and for a time the
town was almost deserted, except for those passing through on their way
to and from the mines. By degrees, however, it became apparent to some
that more gold-dust was to be collected at San Francisco in business
than by digging among the mountains, and with admirable energy they set
about transforming this lawless camp into a prosperous trading city.
Prior to 1848, California had been for all practical purposes almost
uninhabited, and now was utterly unable to provide for the needs of her
vastly increased population. The newcomers produced plenty of gold, but
nothing else, and they frequently found themselves on the brink of
starvation. They were too busy with pick and shovel to contribute
anything in the form of manufactures or supplies, so that the most
ordinary articles of every-day use, to say nothing of comforts and
luxuries, had to be brought from places thousands of miles distant.
This precarious means of supply, together with the enormous and reckless
purchasing power developed by the rapid production of gold from the
mines, naturally created a speculative and artificial standard of
values, and goods of every description sold for fabulous amounts: Beef,
pork, and flour brought from $40 to $60 per barrel; tea, coffee, and
sugar, $4 a pound; spirits, $10 to $40 a quart; playing-cards, $5 a
pack; cowhide boots, $45 a pair; picks and shovels from $5 to $15 each;
wooden and tin bowls from $2.50 to $7.50 each; laudanum, $1 a drop, and
so on. These were by no means high prices for stevedores and laborers
receiving from $20 to $30 a day, and miners who were making anywhere
from $100 to $1000 a day washing dirt at the mines.
An idea of the amount of gold produced may be gained from the fact that
the Pacific Mail Company, whose first steamship, the _California_,
arrived at San Francisco via the Straits of Magellan, February 28, 1849,
had by the end of 1852 shipped gold from that city to the value of
$121,766,425.
The speculators and shippers of merchandise in the Eastern States were
as deeply interested in the output of the mines of California as the
gold diggers themselves. No one could predict how long this state of
affairs would continue; with them speed meant everything; a week or even
a day’s delay might result in heavy losses, or what was to them the same
thing, failure to reap large profits. They could not send their goods
across the continent, and the Pacific Mail Company had all that it
could attend to in conveying passengers and the mails across the
Isthmus; so that the only means of transportation from the Atlantic
States to San Francisco was round Cape Horn. Under these circumstances
one can easily understand how the rates of freight advanced to
extravagant figures, and created a demand under which the California
clippers came into existence.
Public-domain text, read in full here on John Shaqi.
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