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The great discovery of 1848, and its world-wide effects, are described
in the following account by Hittell, which forms a part of Hubert H.
Bancroft's voluminous _History of the Pacific States_.
As Edmund Hammond Hargraves is the hero of the Australian, so is James
W. Marshall of the Californian, gold discovery. Before giving the
account of his discovery, however, I will quote the following passage
from a letter written on May 4, 1846, by Thomas O. Larkin, then United
States consul at Monterey, California, to James Buchanan, Secretary of
State:
"There is said to be black lead in the country of San Fernando, near San
Pedro [now Los Angeles County]. By washing the sand in a plate, any
person can obtain from one dollar to five dollars per day of gold that
brings seventeen dollars per ounce in Boston; the gold has been gathered
for two or three years, though but few have the patience to look for it.
On the southeast end of the island of Catalina there is a silver mine
from which silver has been extracted.


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