Blackwood's Edinburgh Magazine, Volume 69, No. 423, January 1851 — John Shaqi
Blackwood's Edinburgh Magazine, Volume 69, No. 423, January 1851Various
History
Blackwood's Edinburgh Magazine, Volume 69, No. 423, January 1851
Various
England -- Periodicals; Scotland -- Periodicals
To show how chimerical are the hopes of a Currency Restriction Act of
Nature, which is to limit and interrupt the blessings with which an
increased supply of the precious metals for the general service of the
world cannot fail to be attended, it is sufficient to observe that
the auriferous region where the gold is found in alluvial deposit, is
said to be a tract of country between three and four hundred miles
long and from thirty to forty miles broad. It is therefore as long as
from London to Berwick, and as broad as the average breadth of the
plains of Yorkshire. What is the scraping or excavations of sixty or
eighty thousand men on so immense a surface? Conceive every one of
these persons _daily digging his own grave_ in this auriferous region:
how long will it take them to go over the whole surface and exhaust
its treasures? Only apply to it the test of the rudest calculation.
A square mile contains above 3,000,000 square yards. Supposing each
digging occupies two square yards, there will be 1,500,000 diggings
in a square mile; and if each person excavates a digging a-day, which
is probably as much as can be calculated upon at an average, as the
operation is so much impeded by water, 100,000 persons will take
fifteen days to turn up and exhaust one square mile. In the gold
region, however, there are at least 9000 square miles. Supposing that
the 100,000 persons work 300 days in the year, which is more than can
be calculated upon, they will only turn over and thoroughly search
twenty square miles in a year. At this rate, it would take above
four hundred years for even that large army of labourers to exhaust
the _alluvial_ gold region. We are aware the diggings do not go on
regularly as is now supposed; that one man tries his fortune here, and
another there; and that the earth is perforated at the same time in a
great variety of places, many of them at a considerable distance from
each other. We know, too, that the real extent of the gold region is
hitherto the object of speculation and hope, rather than actual survey
or knowledge. It is quite probable, too, that our calculation, which
is a mere rough guess, may be above the mark in some particulars,
and below it in others. Still, enough, making allowance for all such
errors, remains to show that, in the alluvial gold region alone, if the
accounts of its extent and riches are at all to be relied on, there is
ample room for a vast annual addition to the treasures of the earth for
a great many generations to come. The circumstance which makes it all
but certain that the gold region must be very extensive, is its being
found in the _alluvial_ deposits of the mountain rivers, such as the
Sacramento, along their whole course. If you find granite or mica slate
particles in the beds of rivers and the level fields they overflow near
the sea, you are sure of finding the same deposits up to the mountain
regions from which they are brought down.
Public-domain text, read in full here on John Shaqi.
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