Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1872-10-09

trade-the annual value Of which exceeds
s., 600, 100000. Then our internal CON-
merce, thrce.iourths Of which has been
built ur since 1850. is truly . marvel.
The estimated value Of articles passing
over the railroads alone is $4,000. .00O,-
900, to say nothing Of that passing wholly
over our lakes, aud through our rivers
aud canals. The entire interstate COM
merce of the country has been put at s5,-
600. 900. 900.
Another department Of the great lead
ing interests ofour country. to be fostered
and protected is mining. In the variety
extent and abundance of its minerals, e..
pecially FOSSIL Goals, iron, copper, peiro-
leum, silver and gold, the United States
is the leading mining country of the world
and with wise legislation. will at no dis
tant day very far surpass all others. In
deed in gold mining it already takes the
lead. The amount produced in 1871 as
shown from carefully prepared statistics,
reaches 500, ,0O0,0 While that Of
Australia, the next most productive, was
ouly $4,000, 600. The value of the
coal mIned in 1870 according to the cen
sus returns was $40, 1868, 765 of iron ore,
about 81, 600, 900; of Copper, some s4,-
0O0, 900, while the value of its petroleum
was less than 81, 100000. In 1864 the
amount and value Of these products far
exceeded these figures, reaching in silver
aud gold, it is believed, although the sta
ustics have not yet been fully made up,
Sl30. 600, 600; Of coal at least, $50, ,000.-
900; of iron ore about S25, 000. 600; OF
copper, $4,000, 600 of Petroleum, over
$50, 600, 900, making au aggregate of Iul-
Iy S2l1.000,0OO.
Large as is this sum, it is small when
compared with the values Of agriculture,
manufactures or commerce, but compared
with them, We must remember that min
ing in the United States is but at its in.
fancy. Our vast silver and gold terrific
ry, abouuding with the precious metals
embracing neatly ouc.tourth of our entire
national domain at this time, was on ac
qured in 1913. In the success which has
. thus far attended mining 10 this new 6eld
, our god-the gold, we regret to say tha
, like children, we have fooled away to Eu
+ rope for her gew.gaws, has come priuci
pally from California. OF $l00,0OO,0 ,00(
produced in 1870, $7O,000,000 alon,
came from that State. She has thus tax
en- the lead, not because her deposits ar,
richer, but because the was easiest of &C
3 cess Of any portion of the great Pacifi
gold regions. On the contrary it is wei
. known that immense aurifcrous districts
some of them in extent and richness ia
exceeding any known in California. exis
in the states of Oregon AMI Ne vada, tn
territories Washington, Idaho, Montana
j.. Utah, Colorado, New Mexico and Arizo
. Ia, in which it can hardly be said tina
!, mining has yet been begun.
= When the hidden treasures of thcs
= States and territories are as fully devel
. oped as those Of California, the Unite
States will produce $1,000, 100000 G
:, the precious metals annually, and whe
" all reach their full development, from fiv
to ten thousand million. Such figure
# may seem to Us fabulous. but TO this ger
). GRAFTON they will appear great reality
From the facts known Of our Pacific an
=. Trans pacific States and territories, "
|. make the prediction, and some who hea
h me will live to see the glory Of its fulfil
!. ment. that in fifty years these product
!. will exceed s5,0O0,0 900 600 per annum.
~ In the older States, aud especiall
,e Pennsylvania, iron mining has been cal
>. ried on cotemporaenously with the exis
,e ence of the government itself-but fc
If the most part neither upon an .extensiv
. or successful scale, for the reason tha
mitch of the time the legislation at Wash
of ington has been against the America
Is iron master End in favor of those of Ens
t. land.
, OF Petroleum as business source {
wealth, we hardly hnow what to say, ea
a cept that the crazy and numerous stoc
!. jobbing speculations connected with il I'll
: past few years, are truly the wonder {
, the age Asa new mineral almost unknow
!. ten years ago, aud not dreamed Of as
, source of industry and commerce, its d'
It velopments have been sudden, marvellor
d aud unprecedented, increasing in tn
: amount and value Of its product in LEI
,t than ten years from a few hundre
:, thousand dollars to over S30,00O
a 00U, and little as we probably kno
/, of the extent and permanence of its su
20 terreanean existence, so far as the who
90 country is concerned yet enough is know
an to place it certainly among the gre
-, sources of the national wealth and pro
neritv We will add in this connectit