News soon came that the banks had closed their door, and Page and Bacon also, so I concluded that I was broke.  The “Pikers” said Page and Bacon could not, nor would not fail, but news was against them.  The boys now tried to persuade me to go to Sacramento, and try to get my money and if I succeeded, to bring up a good stock of goods and they would buy of me in preference to any one else.  On this showing I went down, and finding my old friend Lyman Ross (well known in San Jose) who was keeping a fruit store.  I told him my business and he took me to L.A.  Booth, Carrol & Co., and I stated to him the facts about my money in the bank and the doors closed.  I told him if he would assist me I would buy $2000 worth of his goods, and send them to Moore’s Flat.  I endorsed the certificate over to him, and in half an hour he came back with the coin.  How he got it I never knew, but he did me a great favor, and we have been good friends ever since.  I was no merchant, nor had I any mercantile education, so I took lessons from Mr. Booth, and allowed him to make out for me a bill of goods such as he well knew I needed.  With these we loaded up two 6 mule teams, and started for the mountain.

I had about $700 left besides paying for the goods, but I felt a very little troubled as to my prospect for success, for it was a new business to me.  Mr. Booth in a business way was a true father to me, and the much needed points in trade which he gave me were stored away for the use I knew I would make of them.  Of all those whom I bear in grateful remembrance none stand higher than this worthy man.

I went first direct to Nevada City to take out a license that I might best protect myself against oppositions and from there I had a walk of 18 miles over a rough mountain trail to my selected place of business.  Climbing the great hill of the S. Yuba river I often tired and sat down to rest, and I used this time to study my bill of goods, and add the freight and profit to the cost, so as to be well posted, and able to answer all questions readily when I unloaded the stock.  The new trade seemed quite a task to learn, but I felt that I was compelled to succeed, and I worked manfully at it.

When I reached Moore’s Flat I found that the boys had rented a store for me, and their welcome was very hearty when they found how lucky I had been in securing my money and starting out as their “grub supplier.”

Four of us now located some mining claims, and began a tunnel both to drain the ground, and to work through the bed-rock.  This we named The Paradise, and we expected that three or four months would elapse before we made it pay, but there was in truth two years of solid rock-work before we got under the ground, but it paid well in the end.

The largest nugget of gold ever found before this time was a quartz boulder from the Buckeye sluice, about 8 by 10 inches in size, and when cleaned up at the San Francisco mint the value was about $10,000.