Finlayson did not know exactly what to do. The fur-trader hated the miner. The miner, wherever he went, sounded the knell of fur-trading; and the trapper did not like to have his game preserve overrun by fellows who scared off all animals from traps, set fire going to clear away underbrush, and owned responsibility to no authority. No doubt these men were 'argonauts' drifted up from the gold diggings of California; no doubt they were searching for new mines; but who had ever heard of gold in Vancouver Island, or in New Caledonia, as the mainland was named? If there had been gold, would not the company have found it? Finlayson probably thought the easiest way to get rid of the unwelcome visitors was to let them go on into the dangers of the wilds and then spread the news of the disappointment bound to be theirs.
He handled their nuggets doubtfully. Who knew for a certainty that it was gold anyhow? They bade him lay it on the smith's anvil and strike it with a hammer. Finlayson, smiling sceptically, did as he was told. The nuggets flattened to a yellow leaf as fine and flexible as silk. Finlayson took the nuggets at eleven dollars an ounce and sent the gold down to San Francisco, very doubtful what the real value would prove. It proved sixteen dollars to the ounce.
For seven or eight years afterwards rumours kept floating in to the company's forts of finds of gold. Many of the company's servants drifted away to California in the wake of the 'Forty-Niners,' and the company found it hard to keep its trappers from deserting all up and down the Pacific Coast. The quest for gold had become a sort of yellow-fever madness. Men flung certainty to the winds and trekked recklessly to California, to Oregon, to the hinterland of the country round Colville and Okanagan. Yet nothing occurred to cause any excitement in Victoria. There was a short-lived flurry over the discovery in Queen Charlotte Islands of a nugget valued at six hundred dollars and a vein of gold-bearing quartz. But the nugget was an isolated freak; the quartz could not be worked at a profit; and the movement suddenly died out. There were, however, signs of what was to follow. The chief trader at the little fur-post of Yale reported that when he rinsed sand round in his camp frying-pan, fine flakes and scales of yellow could be seen at the bottom. But gold in such minute particles would not satisfy the men who were hunting nuggets. It required treatment by quicksilver. Though Maclean, the chief factor at Kamloops, kept all the specks and flakes brought to his post as samples from 1852 to 1856, he had less than would fill a half-pint bottle. If a half-pint is counted as a half-pound and the gold at the company's price of eleven dollars an ounce, it will be seen why four years of such discoveries did not set Victoria on fire.