The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1876-01-18

sseagleo or the "sovereign" paid into the
United States treasury for customs to-
day. or in the ring that encircles the I'm
ger of beauty at. the present hour, may
be gold that Nebuchadnezzar had placed
upon the temple of Belus, or that
Pharaoh had counted as tribute to Cam
byses. In the silver spoon at your plate
on your table tonight, there may be
some portion of the shekels paid to
Ephron by Abraham for the tomb OF his
wife; and in the napkin ring at its side
may possibly be some fthe thirty pieces
of silver received by Judas for the be-
trayal of his Master. The precious met
ais, though subject to loss by wear and
waste, nevertheless do not rapidly per-
ish away from off the face Of the earth.
They are too valuable, and consequently
too well watched and cared for among
men for that. There is, consequently, no
limit to their continuance in some form
of use among men.
BY reason of their natural durability
and the care exercised for their security,
the worlds supply Of the precious metals
ought to become greater and still greater
as time elapses. And this is unquestion-
ably the fact, the great display made
by ancient oriental nations to the con-
trary Notwithstanding. Some ingenious
and elaborate estimates have recently
been made upon this subject, that go to
show that the worlds gold and silver
have always been increasing; but never
SO rapidly as within the last quarter Of
a century. Within the period that we
may designate as the modern era, the
data are doubtless quite sufficient to
make those estimates reasonably re-
liable. But the calculations concerning
the worlds gold and silver in ancient
times, say before the Christian era,
must necessarily be quite vague and un-
certain. They are not, however, at all
unreasonable in their conclusions.
By these estimates it would appear
that from the earliest traditionary Pc
riod down to the Christian era, the
whole amount Of gold and silver OBJ
tanned from surface mining would equal
four thousand millions of dollars; and
from the birth of Christ down to 1892,
when America was discovered, the
amount obtained was about equal to the
former amount. But, from the discov-
cry of America and the opening OF the
mines of Mexico, Bolivia, Peru and Po-
tosi, the increase of the precious metals
became very rapid and great. From
that period to 1S42, no less than nine
thousand millions Of dollars were
added to the worlds gold and silver
Then, in 1s43, commenced the vigor.
Gus and successful working of the
gold mines of Russia, which in
ten years added one thousand millions
more. Meanwhile the wonderful dis
coveries of mineral wealth had been
made in California, Australia, New Zea
land, Arizona, and Nevada. From al
these sources, including the yield o
1875, were added six thousand millio n!
entire yield Of the worlds gold and sill
yer, to the enormous sum of twenty-foul
thousand millions Of dollars. This ought
to be pretty rich world.
But from this vast supply must bt
deducted all the loss and waste an(
wear of all the ages. This being done
the estimates show that but little more
than one-half, thirteen thousand two
hundred and seventeen millions of dol
lars, is all the gold and silver the world
now contains, above ground. Thi
amount is pretty nearly equally divided
between the two metals. OF the who'll
sum, watches, plate, jewelry, and orna
ments absorb five thousand millions o
dollars, and over eight thousand million
remain as coin and bullion or the thiI
teen thousand two hundred and seven
teen millions of dollars now In existenc
In the world, it is estimated that America
has furnished seven thousand millions
Asia (including Australia and New Zea
land, three thousand millions, Europ
: two thousand millions, and the remain
der from Africa. The amount added
the worlds gold and silver from 1858
1875 inclusive, only twenty-three years
was five thousand five hundred an
ninety millions. And the greatest yiel
of the precious metals in any one yea
known in the history of man was Ii
1858, when 1t amounted to two hundre
and eighty-fye millions Of dollars.
In view Of these immense yearly a.
cretions to the worlds gold and silve
and the greater portion Of them comm
from mines within our own soil, it mu
stand as q perpetual wonder that oil
people are so long and SO hopeless
condemned to an irredeemable pape
currency.
al THE Mutual Council, called by Mr.
t Moulton's request, in her controvers
: with Plymouth Church, has been aba
: doned, and again all the fat is in the fir
4 The Churches of DR.. Buddington al
= DR.. Storrs had been included in MI
s Moulton's selection. But as the
l. Churches, by their pastors, had heret
: fore affirmed opinions on the subject co