Appletons' Popular Science Monthly, March 1899: Volume LIV, No. 5, March 1899Various
History
Appletons' Popular Science Monthly, March 1899: Volume LIV, No. 5, March 1899
Various
Science -- Periodicals; Technology -- Periodicals
It will be seen that the principal countries contributing to the grand
total in both years were Africa, the United States of America,
Australasia, Russia, Canada, Mexico, and India, the names being given
in the order of the respective importance of these countries as gold
producers in 1898.
It may surprise many readers to observe that India is placed at the
foot of the list, for we are accustomed to associate India with gold,
Mexico with silver, and Russia with platinum; and it may also prove a
surprise to find that the contribution of the Klondike region, which
has created such a great sensation, is so trifling as compared to the
grand total. In 1897 the Klondike was credited with an output of less
than $3,000,000, and in 1898 of a little over $10,000,000.
It will be observed in the estimates of the Government's agents
(January 1, 1899) of the production of gold in the United States for
1898 (see the letter of the Director of the Mint, appended hereto)
that the gold production of the State of Colorado was more than twice
that of the Klondike region, and the production of California was
nearly fifty per cent greater than that of the Klondike.
Other surprising facts crop out in studying in detail the increasing
production of gold, more especially in the United States. For example,
California has always been regarded as pre-eminently the gold-giving
State, and until 1897 she led all the other States in the value of
gold annually produced. Colorado, on the other hand, was equally
famous as a silver-producing State, and while still holding this
leading position she has actually passed California in the production
of gold. Colorado has thus taken the lead over all the States in the
production of gold and silver.
The output of gold in the United States in 1898 was more than twice
that of 1890; and the production of gold in the world in 1898, at the
lowest estimate, was much more than twice the estimated production in
1890. In the decade just prior to the California gold discoveries, in
1849, the average annual production in the world is estimated to have
been less than $13,500,000. In the previous decade it was less than
$10,000,000. Assuming these figures of Dr. Adolph Soetbeer (which are
accepted by the nations of the world, and incorporated in many
official documents) to be approximately correct, it appears that the
estimated production of gold in the world in the first third of the
present century was but little more than the production in the single
year 1898!
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account