The New York herald., 1865-06-12
ey IN. demand which NAV cr;i ,os ~, (oSu.sr-y and

by the demand which may exia and the Industry and
capital which elect this wonderful prolific held
for practical and permanent investment
This OF the production OF the precious Metals
lying within and associated with the prevailing organized
atey available meet the present extraordinary de-
upon national credit and those consequent
pire II remembered that this view pertains ex-
cusvey the Eastern slope Of aurerous mountain
regions described having It's natural concentrc point
al aud dependent upon the city OF New York.
THE PUBLIC DEBT AND WAY TO PAY IT,
The public debt OF the loyal States on the oath October
last with interest for the current year added amounted
two thousand hundred and two millions OF dol
lara The interest this sum that u payable in
coin amounts about hfy-six and half millions,
and II reo,i.res one Territory aone-Colorado-to dup
cate its present production in order to furnish bull
lion suicent 10 cover this Amount This startling but IN
dsputsble fact must tend to slay any Anxiety , INA.
exist In the minds OF people as regards the ability OF
the government maintain its credit III thc lace Oh
almost any expenditure that may be required 10 renaer"
Incidental to this natterng and gigantic expansion.
bearing upon the domestic system and home relations OF
the American people, the additional and attractive
prospect that these movements are rapidly opening tbs
tran and hasenng the advance of our people tothe grand
arena OF sne Pacific Ocean, It's commerce, Its Navigation
Beside this and the excellent economy Of arrangement
dscernable in this Eastern system Of aurferous
tans, gra.ie behoidng the fact the pro-
ceeds OF industry there in departing for the seaboard
permeae and rrgatc, AS 1t were the whole family OF the
American people, vtazng every field Of enterprise and
industry and stimulating the populations inhabtng tho
entire Eastern geographical expanse II the precious
metals arriving from this direction eventually find their
way outward to foreign countries they not do so until
these infinite benefits to our domestic industrial system
have been permanently secured
On this arena are seen combined magnitude OF plan
economy of distribution universal accessibility and easc
OF transportation infinite variety Of detail in harmony
with the populations and popular energes which they
are calculated TO arouse and to employ.
SUBDIVISIONS THE GOLD BEARING AREA OF
NORTH AMERICA AMONG THE COMMERCIAL row
ERs.
The following table will present at glance summary
OF the above and show the OF the gold bear
tpra Of Nnrfh An,ar nunn prfQ
German America (Afaximilianl... s5s,541 752s,els
French America Napoleon I'LL. 405,273 953,6l8
American America Omitted Staes) 25O,0O0 1,2oO,Ooo
British America Queen victoria). 100000 6l,0o0
Russian America alexander III. 100000 27,00O
Total. .................2,5l3,Sa $40 SoZi,Saa
The following table will show the
TOTAL AND AVERAGE ANNUAL PRODUCTIONS or
THE GOLD BEARING AREA IN NORTH AMERICA.
Mexico (348 years.. $19 $50 600 $3.50 2Oi ssS
United States and territories 100 oooooo ls7SoooooS
British America. ......... ZoOo,0 ,0Oo 'VVo,VVV
Russian America. ......... .(Undyeloped)
GENERAL CONCLUSIONS.
From the above exhibits may be obtained a compre-
ca the Development Of the precious metals
this continent tho source from which the puik OF
supply derived in the future This has already
resulted in an attempt partition out largely among the
European Powers all the gold bearing al area OF North
of the Union Although the greatness Of and the
advantage Of position held by the United states give To
her the undoubted supremacy should TINS productive
energy the development Of own area augmented
by the rvaries incidental to the approximation Of "
many foreign nations The rapid growth In volume OF
the of tho Pacific ocean perpeuay exactinS
corresponding in tho specie basis OF the whole
Geld of commerce.. The area which develops itseu
within the domestic control OF the American peo
ple to meet this indefinite expansion, ID amply
muni0cent 10 hattar their largest ambition and -
meet the horizon TO which their smulatiye energies
may urge them The universal popularity among tue
a8air unfk kha law
vigilance the political axims laid down by mon
roc and reasertsd by every sound statesman OF Amco
North and South
COAL AZ A SOURCE OF NATIONAL WEALTH.
In the above rcvie Of the extent and importance OF
tho gold and silver producing area Of the United sstss
we hayo presented only single department. embraced IN
the vast resources Of country Placing out
OF view altogether for the present those heavy produc
which help 10 swell the national IMMORAL wealth, We will
proceed show the enormous expanse ana vaue
Of the coal bods Of the Unon furnished upon reliable
data and As compared with those Eropea6 countries
onkAr BRITAIN ALABMED AT THE PRosrBcrIys
EXHAUSTION OF HER COAL FIEIDs.
Some OF the scientific mon in Great Brsin-Par.
tcuariy Edward Hull who, in paper published IN
the uaerty heuiso Of Science, about year since aur.
nsed extremely valuable Information on the Coal
Resources of Great Britsnhave thrown the thinking
people OF that country into Of considerable aga
Of tho prospect Of the exhaustion OF their
coal fields estimated that one hundred millions OF
tons OF coal are annually drawn from tho British mines
aud consumed and that at this rate the supply will last
some philosophers say, two hundred and twelve, and
others one thonsand years. The Edinburg Revses u
sarously exercscd on tho subject and refers Pc
riod when sthe csa beds England will be known only
a. Dart Of its past history" mentions, however,
its calculations II shss not spoken or the three
great North American coal helds ysvatmg EcPsan king
do,ns in en those vast deposits have yet bsen only
| very partially broken in upon by the hand Of man."
sir William Armstrong, in 'atc address to the British
Association enioins it 'upon the British people and
soyernmen3 70 look to II that needless unwise
wasting Of Of wealth. and power and happiness
70 precious and far from inexhaustbe should b
imprudently permitted to continue"
Professor Henry d. Rogers OF the University OF Glas-
cow maintains that sthc total supply OF coal beneath
the so Of Great Britain at the present rate Of growth
of consumption become entirely spent exhausted
lapse Of two hundred or thrco hundred years from
n Is matter for congratuation therefore, that whom
the coal mnes Of England shall be exhaused-bc that
period however remote-the coal area OF tho
United States will still be amply capacious supply
only the demands Of Great Britain but those Of tho
''rest Of mankind"
ras coal FIELDS OF THE UNITED STATES As CON.
PARED WITH THOsE OF EUROPE.
Professor Rogers has placed in convenient form va
and the United Staos from which CLEAN number Of
interesting facts appears that the United States with
its vast area of three millions Of square miles, has
square mile Of coal ed to every nsen square miles OF
territory Great Britain has one 70 every thirty OF surface
Belgium has one 70 every twenty Two ana ns o. sur-
Belgium (assumiug her coal neds possess the high
average thickness asserted OF sixty feet OF coal
tains about thirty ax thousand millions Of tons.
France with Tho thickness, ffty nine thousand
The British Islands adopting thirty-Hve feet as tho
average thckness) nearly one hundred and fortytwe
thousand Ave hundred millions According TO Mr. Hull's
estimate the total supply little less than eighty thou
sand millions OF tons.
Ponnsylvania computing her average Of workable cost
at twcny feet has three hundred and sixteen thou
sand four hundred millions Of tons
whole Appalachian coal neld, adopting the same pro-
portion, billion, three hundred and eighty seven
thousand i've hundred millions Of tons
Great middle coal field Of the United Staies in Indiana,
Illinois, Michigan, Wisconsin, Minnesota and Western
Kentucky also with average OF twenty-five feet OF
COAL one billion two hundred and seveny-seven tnou-
sand I've hundred millions Of tons.
Great Western coal field In Iowa Missouri, Kansas No
braska Arkansas, Texas Colorado Utah, Idaho, Mon
tana Nevada, Arizona, California, Oregon Warrington
aud the Indi ~