The New York herald., 1865-06-12
TIE EATI0N'S WEALTH.
GOLD AND SILVER---COAL AND OIL.
The Gold Producing Area of
North America.
Subdivision of the Area Between the
United States, Germany. France,
British and Russian Powers.
Louis Nap0leOn's Programme
FOressladOwed.
Rapid Expansion and Development
OF the National Resources.
San Francisco the COncentric Focus on
the West, New York City on the East.
THE COAL BEDS OF THE UNITED STATES.
Fears of the Exhaustion Of the
Coal Fields Of Great Britain.
The Production and Export Of
Petroleum.
Valuable Gold, Silver, Coal and Oil
Statistics,
The COAL BEDS OF THE UNITED STATES.
Fears of the Exhaustion Of the
Coal Fields Of Great Britain.
The Production and Export Of
Petroleum.
Valuable Gold, Silver, Coal and Oil
Statistics,
&C., &C., &c.
&C.,

THE PRECIOUS METALS IN ANCIENT TINES.
For the last three thousand years gold and sve: havo
been tho regulators Of tsaSo among nations and men.
Six hundred years bcsSD Che Christian the mines Of
Egypt Thracia, Thcssaly Arm MIA Aquileja and spain
yielded suic cnt to increase the prices Of food. Tho
mines Of Carthagena afforded work TO forty thousand
men daily produced quantity of gold equal IN abot
four thousand dollars Hannibal obtained three hundred
pounds OF silver day from mine situated place
call Guadacanal. The richest mines known TO the
ancients existed in Asura There also considera-
bic In Sardinia. The quantity of gold and svr
which Alexander the Great took from the Persians al tho
battle Of Arbc three hundred and thirty years be-
fore Christ amounted about two hundred and hfty
millions Of dollars; and at tho period OF his death tho
bushc of wheat which but the value Of fifteen Of
three hundred years bc ore, cost troe ounces
Of silver Such, Is alleged, tho difference in prico
caused by the influx Of the precious metals In the year
4O our era tho bushel OF wheat about hun
DIR and thirty Of our cents, and all the gold and
silver in circulation was estimated at sixteen hundred
millions OF dollars After the invasion Of the barbarans
much of this TO have disappeared in
unaccountable manner for in the year 400 the total
quantity OF the precious mstas scarcely amounted TO two
hundred and fifty millions Of dollars The mines certainly
produced much less the art Of working the metals
lost until the year 1000 that the circulate
ing medium began again To increase In 1872 the period
OF the discovery Of America the whole capital In
laon throughout Christcndom was valued at about ono
hundred and eighty millions Of dollars From 1892 TO 1919
the influx Of gold into Europe from the Now World did
eScecd two hundred and fifty thousand dollars per
year. the production Of Mexico twelve
times rnuch. During the Seventeenth century tho
annual production Of Spanish America ff millions
OF dollars and than twenty five millions
at the beginning Of the present century.
TIE AMOUNT OF PRECIOUS METALS NOW IN
EXISTENCE.
Tho amount OF gold In existence Is estimated at
four to sand eight hundred and sixtytwo m Iii ms; OF
sill er nye thousand seven hundred millons--making
the total OF precious metals existing ten thousand
Ave hundred and sxty-two millions OF dollars with
annual product Of gold throughout tho world Of
over two hundred and seventy onc millions
WHAT AMERICA HAS PRODUCED.
OF the latter, the gold fields and gold bearing noun
tns OF America produced 1868 hundred and forty
| four Millions The amount Of silver mined In the samo
time, sixty millions Of dollars Of which America
produced forty -four millions The following table 10
interesting in this connection showing tho
QUANTITY GOLD PRODUCED BY THE SEVERAL.
GOLD PRODUCING COUNTRIES FOR 1916 AND
1SC3