J.V. Brown, Esq., Editor of the Lake Superior Journal, who was on board the Monticello, gives the following graphic account of the disaster:

It becomes our painful duty to record the most perilous shipwreck that has ever occurred on Lake Superior, and having been a passenger on board the Monticello at the time, we are enabled to give all the particulars in relation to the loss of the vessel, and the hardships of the passengers and crew. We went on board the Ontonagon on the afternoon of the 22d September, 1851, on her return from Fond du Lac. She left the river at half-past five o'clock bound for the Sault, with about one hundred persons, twenty tons of copper from the Minnesota mine, and a few barrels of fish from La Pointe, and in coming out of the harbor one of the wheels struck a floating log very heavily, and it is supposed to have loosened the packing boxes around one of the shafts.--She lay on the bar a few minutes on her way out, but the sea at that time was light, and we cannot think it possible that she sprang a leak from the effects of the slight pounding on the light sand.

We had been out about half an hour, when the firemen discovered the water rising around the floors of the engine; they communicated the fact to Capt. Wilson, and it was made known to the passengers, but the leak was not thought to be serious, and created but very little alarm. The pump was put into operation, and on examination the captain and engineer seemed confident that the pump would keep her clear till we could run down to Eagle harbor, a distance of sixty miles; but it was soon discovered, that the water was fast gaining on the pump, and preparations were made immediately for raising water by means of barrels and buckets.

The wind was blowing at first from the westward, but soon changed to the northwest--it was fresh but fair, and aided by sails and all the steam that it was prudent to carry, she came on at a rapid rate, still keeping on her course, in hopes to make the harbor. The passengers and crew worked steadily at the pumps, but the water continued gradually to gain on them. The most of the copper and all the other freight was thrown overboard with a hearty good will--the wealth of the mine seeming of but little consequence at such a time. Every possible means were employed to raise water, and every passenger assisted to the utmost of his strength and ability to keep the sinking vessel afloat. Two pumps, three barrels, and a half dozen pails were constantly in motion, and still the water gained steadily, but surely, on their efforts.

We had now been out about three hours, the wind and waves constantly increasing, when it was found, there was little hope of reaching Eagle harbor; the water had risen nearly to the fires, and was fast gaining ground, notwithstanding all the exertions of those on board. After remaining on her course a few minutes longer, the boat was headed toward the land, and new efforts were put forth to encourage all on board to assist at the pumps and barrels. By this time there was three feet of water or more in the hold, and she moved and rolled heavily through the seas, the wood having to be shifted from one side of the vessel to the other, to keep her in trim.

One fire after the other was rolled into the water, and it became evident to the most hopeful that they would be extinguished entirely, and it was still thought, the wind would take her in under the land even if the steam should fail. It was not long before the fires were reported out--the engines worked lazily for a short time, the clicking of the valves became faint and less frequent, and finally, like the dying struggle of a strong man, it ceased altogether.

Wearied with incessant exertions at the pumps, many gave out and retired to the cabins, seeming to prefer rest to escape from the watery grave into which they were fast sinking. Some were even forced into the hold, to fill barrels and pails, and new efforts were put forth to induce the suffering crew and passengers to hold out an hour longer, with the assurance that we could reach land in that time. With this hope, and that influence which strong minds always exert under such circumstances, many took hold again of the pumps with a kind of desperate exertion, and for a time they even gained on the water. There was another circumstance which encouraged them to work. The boat being careened on one side by the sails, one of the fires was partially out of water, and a fire was kindled again by means of dry wood, oil, and the most combustible matter the boat afforded. This not only assisted our progress toward the land, but it stimulated the passengers to new exertions.

The fires were in this way kindled and extinguished several times, and all felt that they owed much to the irregular exertion of the engines for their preservation, especially as the wind for some time died away, so as to scarcely fill the sails. For two long hours the water-logged vessel drifted in, before soundings could be had. In this region it was well known, that the coast was rocky, and dangerous for landing, and the night was too dark to enable the pilot to distinguish one place from another. A heavy sea rolled in upon the shore, and it seemed like madness to attempt a landing under such circumstances. Accordingly, Captain Wilson decided to come to anchor, and endeavor to keep the vessel afloat till daylight; and as soon as we came into six fathoms water the anchors were let go, and she swung round heavily in the furious waves, that threatened speedily to complete the work of destruction.

Several insane attempts had been thwarted for cutting away the boats, which, had they succeeded, we doubt not, would have proved certain destruction to nine-tenths of all on board; for if the boats had not been swamped at once, they would undoubtedly have been dashed to pieces on the rock-bound shore, leaving others to swim ashore as best they might. The pumping and bailing were continued with the last energies of a noble crew--two or three hours more would bring the light of another day, and it was understood that an attempt would be made to land as soon as it was daylight.

The time wore tediously away, and the passengers and crew were too much exhausted to keep down the water, and still they labored to do so with what strength they had left. Some time before daylight the wind changed to the north; and commenced blowing hard directly upon the shore, and the sea increased rapidly, oftentimes washing into the hatchways where the men were at work bailing, and it became evident to all, that the vessel could be kept afloat only for a short time longer.

At five o'clock it was light enough to see that it was a bold rocky shore, against which the waves dashed high and furiously, but it was too late to choose a place for landing, and the captain ordered the anchors raised. Her bow swung around to the east and in fifteen minutes she struck heavily on the solid rock, about three hundred yards from the shore. The men kept at work pumping and bailing till she struck, when the waves at once swept in upon her deck and filled the hold.

The largest of the two yawls happened to be on the lee side, and it was soon lowered away, and with a line long enough to reach the land, the first and second mates, Messrs. Lucas and Barney, W.T. Westbrook, and one of the crew, started for the shore. The line was made fast to a tree, and they commenced the far more difficult and dangerous task of returning. The little boat seemed to be engulphed by every breaker that it met on its way, and none but strong and true hands could have saved the boat in this emergency, and no one unaccustomed to the dangers of the sea, can imagine the nerve necessary to manage a boat under such circumstances.

The smaller boat, after much difficulty and delay, was got around under the lee and bailed out, but it swamped the first trip ashore, and was not used afterward. By constant, and untiring exertions, the passengers and crew were all landed at half-past eight o'clock, and after securing the shattered boats, as best they could, on the steep side of the rocky shore, they gathered around the fires, to look upon the miserable plight of one another. All were drenched with the water in coming ashore, cold and hungry, worn out by the fatigues of the night and morning, they lopped down around the fires, the sorriest looking gathering that it had ever been our misfortune to witness.

All had been so anxious in seeing the passengers and crew landed safely, that they had not thought about providing for our future wants, and nothing in the shape of provisions or baggage had been brought ashore. After they had looked around them for a few moments, the boat was again manned and the wreck was again explored for provisions, and a few pounds of hard bread, part of a quarter of fresh beef and some boiled beef were brought in, which was as one remarked, a "poor show" for a lunch for so many sharp appetites. After having eaten this mouthful we proposed to start with as many as possible for Eagle river, which was judged to be about thirty-five miles distant, and a party of twenty-two in number set out.

It was noon when we started, with our clothes still wet and heavy, and little or nothing to eat. We worked our way slowly through the cedar swamp; over logs and under logs, up ravines and down ravines, a crooked, trackless, toilsome way, till the middle of the afternoon, when we met two of our fellow passengers on their way back to the wreck. They had been on some distance further, but worn out with the hardships of their journey and hunger, they had turned back disheartened, and advised us to do the same. But we decided to go on, and on we went, through the worst cedar swamps in the world, till the thick woods began to grow dark with the shades of evening, and till a number of the party became completely exhausted with fatigue and hunger. We then concluded to encamp for the night, although we could not have traveled in all the afternoon over five miles, or about a mile an hour.

Without an axe, a few sticks were collected, and two or three poor fires were kindled. All the bits of hard bread, and fresh beef, in all a scanty meal for one person's supper, was produced and rationed out to the twenty-two persons. Every one ate as sparingly as possible, and as we were without tents, we lay down on the cold ground in our wet clothes before the fire, and dozed and shivered with cold till daylight. As soon as we could see to travel, we proceeded on our toilsome way, and after walking about a mile we came to the trail that leads from Lake Superior to Portage Lake, and saw two or three Indians pushing out through the surf a bark canoe, which they soon jumped into and paddled away before the wind. We tried to induce them to return, in hopes to procure something from them to satisfy our craving hunger, but they scarcely deigned to look back.

Some of our party had been from this trail to Eagle river, and it was some consolation to meet with a land mark that was known. We now commenced walking along the beach, which was composed of large pebbles, covered in many places with logs and trees that had washed or tumbled in from off the overhanging banks, making it as tiresome walking as can well be imagined. Frequently, in order to keep the beach, we were obliged to walk within reach of the dash of the waves, and were drenched with the cold flood.

About two miles east of the Portage trail, we discovered near the edge of the bank, which was some ten feet above the lake, the remains of a human being. The clothes of a man, in a good state of preservation, half covered the bleaching bones, the sad, sickening, unburied relics of some poor "shipwrecked brother," who had here ended his voyage "o'er life's stormy main." He had evidently chosen this spot where he could die looking off upon the lake, from whence no succor came, and where he could be easily discovered by the passer by. A description was taken by one of our party of his clothes and the few articles found on them, and we learned on inquiring at Eagle river, that they were undoubtedly the remains of a Mr. Mathews, who got lost from the Algonquin mine a few weeks previous. A brother of the deceased repaired to the spot as soon as possible and brought down the remains for burial at Eagle harbor.

The morning had not far advanced when a number of our party began to lag behind, exhausted from the effects of hunger and weakness, and it was evident that some would have to be left behind, while some of the others might possibly reach Eagle river that day and send assistance. We confidently expected to find some provisions in a warehouse at Gratiot river, twelve miles from Eagle river, and all had hopes to reach there before night. A few of our party pushed forward as fast as possible, to procure food and fires for those behind, but great was our disappointment not to find a particle of provisions at that place.

We kindled a fire, and rested for a few minutes, till a number of our party came up, the larger number being still far behind. It now became more important than ever that some one should reach Eagle river, and seven of our number determined to make the trial. We had now twelve miles further to go, and in our miserable condition we traveled but slowly, but the trail grew better as we proceeded, and we came in sight of Eagle River about four o'clock in the afternoon, and under the circumstances, a more pleasant, inviting village we do not recollect ever to have seen before. Four or five of our party came through the same evening, and a few others of another party came in the next day with similar hardships.

On the Tuesday following, Capt. McKay with the schooner Algonquin, proceeded to the wreck, and brought off the captain, crew, and remaining passengers, and all that could be saved of valuable property.