Without other incidents of importance the journey was finally ended and the family were all together in their new home in Oregon. The wool weaver had proved a worthy successor to the Scotch Irish silk weaver of colonial days. He had shown the stuff from which new countries are settled and new industries started. The sheep, after their long and dusty drive, were placed upon the rich pastures of the farm in Yamhill County, and to all appearances were well pleased with the new environment. The cards and reeds and castings for loom and spinning wheel were put in place and cloth was made, sufficient to meet the needs of the family and in particular of those eight sisters whose needs had played so important a part in the beginning of the wool industry for Oregon. The wise dreamer, however, had been unable to see fully the future. He had not known that while his plan was under way the discovery of gold in California had attracted the notice of the world; that the population flocking there would cut off the demand for his woolen cloth, while abundance of goods would come in from the East by water to increase the supply. The enterprise was well conceived, but as a financial move it was doomed to temporary failure. The sheep, however, were here and could wait for more favorable conditions. "About six or seven years after the gold mining excitement wore off," says Watt, "and people began to sober down to the home business, a few began to think about the prosperity of the country. We were buying too much and had nothing to sell. Stock had run down; there was little inducement to go into wheat largely. We must do something to prevent so much of an outlay for merchandise from other countries. Wool was almost worthless and there was plenty to keep a small mill going if we could only get the mill." Being interested in sheep himself Watt was anxious to make that industry profitable. He believed that the time had come when woolen goods on a considerable scale could be manufactured at a profit; that the cheapness of raw material would overbalance the high price of labor.