The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1845-03-07


and commerce Of the Union. II the IN. I
,ercourse between the Different portions OF
this country was more easy and less e.
than il is, especially from Tue ~ /
terior OF the gold region TO The seaboaio'
ihero might be perhaps more lore ~ '.'u
objection to additional MINIS. What, hir,
has been the policy Of other nations IN tins
respectl Even in England, where, Tor OBJ
,ious reasons there Is but one MIMI here
The facilities Of transportation ard travel
are greater throughout the kingdom Than
they are as yet in the limits Of almost any
one OF the States Of this Union; even there
the Government has authorized distinct
systems of coinage and separate establish
mcnls for her numerous c0loalcs. France,
before The year 1872, had 81 Mlnls' IN
that year they we're reduced to eishlreh J
and even now, when communication IS rem
dered so cheap and rapid by modern i'm.
proyements through The whole extent oil
her Kingdom, she still has SIR Mlnls--Fiz;
a, Paris, Bordeaux, Lille, Lyons, Roueo,
and Strasbourg. Mexico, where the pre-
clous metals are found, has eight Mlnis-
viz: at Mexico, Zacatecas, Durango, Gh'
anaxua,o, Chihuahua, Guadalaxara, san
Luis Po,osi, and lhc Mint Of the State OF
Mexico, at Tlalpan. Peru has 3 Minis
viz: at Luna, Cuzco, and Arequipa' Pius.
sia has Mint nj Berlin and ore at Dassei'
doif. Denmark has one at Copenhagen
and branch al Altoona. Under Francs
~ Of Austria, t.,ular Empetor Of Gcrma'
nv, Austria had u separate coinage tor
each Of the font regions Of Austria. Hon.
caYv, Lonlbnrdy. aud the Low Countries,
nov Belgium. Each of the seven States
Of the Netherlands had its own coinage.
Spain has a Mint at Madrid, al Seville,
and at Barcelona. la Switzerland each
+ Canton has the prcrogatIse Of coinage.
The wisdom and policy of Branch Minis
are much enhanced by the valuable min.
iac discoveries in our country, particular
, ly Of gold. They are becoming more i'm
noriant to our trade aud commerce, and ~
Ill our monicd intercourse. The mining
interest, though sc, IN lis infancy, embra.
ces a very considerable portion OF tAo
South. New developments arc being made
dallv, new and rich mines arc constantly
discovered, and their annual product IS re-
gularly increasing. This increase will be
still greater in consequence Of The low prr
ccs of agricultural produce, more paF'icu'
lurly Of our chef staple, cotton, OF which
there is already M oyer-production. La
Dor will be diverted from these channels
aud with additional capital be employed "
mining pursuits. There is already very
large capital invested IN this growing ~
.crcs,. Ry the census of 1910, which Il
this rs IN many other respects Is very Im
perieo,. and falls much below The real truth
It appears tina, IN the year 1880 there were
then employed in gold mining li0i6 PR
sons capital invested 1924 300, ard golS
raised $500 500 Of which North Carroll
ma produced $3.50 600, Georgia Sl22 600
!, South Carolina, Virginia, Alabama, am
Tennessee the remainder. The amour
, 4 en- deposited for coinage was sss5,o00
The average annual coinage since 1850 Il
ls42, embracing period when the nine
began To yield larger products than before
was $3.50 900. The average annual pro
ducllon was then exllma,ed a, S-00,OO
Il is now much larger certainly muc'
, more than a million year. Indeed, STR
in l@i3 the coinage of the Branch Mint
) at Charlotte aud Dah!onega alone va
, S-77,7s7. During he last six months /
: North Carolina there have been al lcas
1000 persons employed in mining opera
tons, and IN The gold region general,
i more than double that number. In ih
gold region of my own State, aud from
, few mines IN South Carolina N reach O
the Mint at Charlotte, from data IN m,
: possession derived from reliable source.
r | estimate the amount found last wear q
4 SG00,o0O; and in Georgia an amount {
/. g1al III least 10 that SUN. AS 40 ltlus,ra
. ton of the exten, aud kind Of labor nm
;. capital which arc beginning now 10 be moi
r successfully employed IN mining opera
lions, win remark that have in nay pos
+. Session certificates from three small con
i panics. composed Of plain bu, respectabl
. men, Is hose yc1acity | can Youch for, an
:. Who lahnr with thetr huuls ii her pit,
a stating hat from one bin 10 one OF III
i. counties ! represent, With 10 hands, IN
!. months preceding November last, the
e raised ejl go worth of gold. This sur
d was raised from VEN miGesal ANAL CON
n pamlye expense. Tho mtora, roo, ar
], now worked with more .a,.i aud scieuc
IS mud ess expense thnu formerly. Our NV
j. people arc chiefly engaged in them, 40
j. generally tlcy arc Of that class Of labor
f ers who cauuot without much loss and ID
D., convenience transmit their bullion 10 Phi
@ .adelphIa, and who, without the lachtie
!. "a nisbed By the Baoch Mats, are sui
o jrcled TO heavy cxacljons which they NJ
it littie able to hear, by being compelled I
II bling their gold into market at a dlscour
u ior the hcncd, Of dealers and Spectator
, who can better afford the risk aud eXycns
:. II remittance to the mollcr Mint.
Il Thr expense Of transportation is est
g mated at from three 10 FIVE per CENT M
}. the loss on sales at The place Of production
e without The MD Of Branch Minis in furnish
!. ing The true tests and The means of pblar