TUESDAY, JAN. 5. Many of the emigrants who have recently arrived, are now with Col. Fremont at the south. By enlisting in this campaign, they will have an opportunity of seeing every important part of California, and will be able to locate themselves with some confidence in their selection of grounds. This will compensate them in some degree in foregoing their first year’s tillage. Besides, they generally arrive here with very little means beyond their own enterprise. They are now receiving twenty-five dollars a month, and have but few temptations for spending it; they will consequently find themselves in funds, small to be sure; but there is a period in almost every man’s life when a penny takes the importance of a pound. “It is more difficult,” said the late Stephen Girard, “to make the first hundred dollars, than the next thousand.” But with all due deference to that eminent economist, I have found it extremely difficult to make either, and when made, still more difficult to keep it. It has slipped out of my hands like a squirming eel in its slime. But this has very little to do with the emigrants. They will, it is hoped, soon be able to return to their families, who are now scattered about in the missions, and in shanties on the Sacramento, without the comforts of life. They have suffered greatly from being massed together in these temporary lodgments; and have often, no doubt, wished themselves where they came from. The pioneers of civilization have always a rough path. They force the bear from his covert, not to make room for a palace, but that they may themselves take his jungle.