India is rich in mineral deposits, but few of them have been developed, chiefly on account of the lack of capital and enterprise. After coal, petroleum is the most important item, and in 1902 nearly 57,000,000 gallons was refined and sold in the India market, but this was not sufficient to meet half the demand, and about 81,000,000 gallons was imported from the United States and Russia. Gold mining is carried on in a primitive way in several of the provinces, chiefly by the washing of river sand. Valuable gold deposits are known to exist, but no one has had the enterprise or the capital to undertake their development, simply because costly machinery is required and would call for a heavy investment. Most of the gold washing is done by natives with rude, home-made implements, and the total production reported for 1902 was 517,639 ounces, valued at $20 an ounce. This, however, does not tell more than half the story. It represents only the amount of gold shipped out of the country, while at least as much again, if not more, was consumed by local artisans in the manufacture of the jewelry which is so popular among the natives. When a Hindu man or woman gets a little money ahead he or she invariably buys silver or gold ornaments with it, instead of placing it in a savings bank or making other investments. Nearly all women and children that you see are loaded with silver ornaments, their legs and feet as well as their hands and arms, and necklaces of silver weighing a pound or more are common. Girdles of beautifully wrought silver are sometimes worn next to the bare skin by ordinary coolies working on the roads or on the docks of the rivers, and in every town you visit you will find hundreds of shops devoted to the sale of silver and gold adornments of rude workmanship but put metal. The upper classes invest their savings in gold and precious stones for similar reasons. There is scarcely a family of the middle class without a jewel case containing many articles of great value, while both the men and women of the rich and noble castes own and wear on ceremonial occasions amazing collections of precious stones and gold ornaments which have been handed down by their ancestors who invested their surplus wealth in them at a time when no safe securities were to be had and savings banks had not been introduced into India. A large proportion of the native gold is consumed by local artisans in the manufacture of these ornaments, and is not counted in the official returns. An equal amount, perhaps, is worked up into gold foil and used for gilding temples, palaces and the houses of the rich. Like all orientals, the Indians are very fond of gilding, and immense quantities of pure gold leaf are manufactured in little shops that may be seen in every bazaar you visit.