The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1894-05-22
TOO MUCH GOLD.
Mr.. Caminetti of California
Gives His Reasons
Why There MAY Be an OverprO-
ductiOn of Gold.
LOTS OF 1T UNMINED.
The Demand for Gold Will In
sure a Supply.
LOTS OF 1T UNMINED.

WASHINGTON, May SS-- ESPECIAL -
Hon. Anthony Caminetti is the first ma
tive of the state of California TO enter con-
Rress and represents district which has
since the opening Of the year 1S4s produc-
ed about 81, $50, oe0, 900 in gold He thinks
that no other equal area in the world has
produced so much. The very name OF his
counties-Amador, Calaveras, FL Dorado,
AIariposa, Placer, Tuolumne and others
call M stirring recollecticns of romance
and suddenly acquired fortunes OF the ar
gonauts of 1S49 and the heroes celebrated
by Bret Hartc. He was born in Amador
county in its golden age, when it was one
great mining camp, and was brought up,
SO to speak, at the feet of the old miners
A Roseate Opinion
He Is an enthusiast to the future of
mining and in the course of a lengthy con-
versation said: The common mistake is
to suppose that when the placer mines
were exhausted the gdh supply was ex-
hausted and it did seem SO, because the
placers were only the loose overflow OF the
real mines, and when they were worked
out the gold seekers of the early times quit
mining, and most of them left the state
In fact, placer mining experience gave
man no advantage in deep mining The
placers were called poor man S mines, and
so they were, for any man who could ham
die a pick and shovel and had money
enough to buy the tools and a few weeks
supply of provisions could mine in them
AS matter of scientific fact, however,
the real mines, due to great commissions OF
nature were deep in the rocks, and 1t was
only where the tops of the mountains had
been wcathered away, leaving the gold in
the loose earth, that there were placers.
The supply of gold in deep mining is in
exhaustible, and now that necessity ex-
lists for getting it the business will be
pushed and the product increased New
Inventions will be made and new processes
brought to bear, and all the old processes
will be applied more economically.
Never fear that Americans will not get
anything they really need if it is to be had
on the earth or in the earth within reach
ing distance. The demand will insure the
supply, and once American genius and in
dustry is directed to deep mining for gold
it will act just as it has done in hundreds
of other things-that is, as we produce
more and more the capacity to produce
will increase as rapidly, and by and by it
will be it is now with so many other
products-there will be an enormous sup
ply, possibly an overproduction- Yes, sir,
expect my district to produce in the fu-
ture it has done in the past"
A Democratic View.
Here Mr.. Ca1ninetti gave his reasons for
concluding that there is gold enough still
in the deep mines of his district, but the
subject is rather too technical for the
Sacramento being one-at one time con-
tanned more miners than all the rest of the
Pacific slope, and they organized county
governments on a gorgeous scale When
the Placcrs were worked out, a scant pop
ulattOn of fruitgrOwerS and rancherS had
TO bear the burden, and in 1S65-7O the min
ing counties were in a very bad condition,
overwhelmed with debt and the taxes Of
ten as high as Per cent They are now
blooming with fruit and other farms and
1c%f1
in conclusion: I'VE California Democrats
will lose no votes by the talk of hard
times. l think the trouble just now is that
the people do not realize what a hard task
we had before US when we came here. The
party which elected US expected us to go
right in and transform the whole policy
of the government at once. They forgot
that the protected interests had so years
to intrench themselves and have their
agents so thoroughly trained that they can
resist at every point and are stocked with
all those figures and arguments which look
SO plausible their face. They forgot
also that party which has just come into
power must take some months to get or
gained, and, worst of all, they forgot the
senate, which Is the great bulwark against
every kind of reform tell you that If
we get this tariff bill through this year,
and it makes reduction of even 10 per
cent on the Mckinley bill, it will be a
grand triumph But, in fact, it will make
much larger reduction, and we shall get
it sooner and the people will like it so
well that they will call for more of the
same sort. -
Fierce Political Fight.
Such rosy views of the gold supply and
the immediate future of the dominant par
ty, contraSted with the despairing talk of
some silverites, shows that there are born
opt1mistS and born pessimists in congress
as well as among common folks. Mr..
Caminetti also has on his hands a pecu1-
iarly pulling fight for office as one of the
hardest pOstRastership contests for many
years is raging over the Office at Sacra-
mento- Russ D. Stevens, who was post
master there in tho first Cleveland admin
lstration, wants the place again and wants
1t bad His rivals are Samuel LeaLe and
M r. Beard The extraordinary nature
OF the-hght is shewn by the fact that on
single day $3.50 were paid to one telegraph
company for dispatches from Sacramento
TO members and officials here. Mr.. Beard
IS the business men IS candidate, and Mr..
Leake Is alleged TO be the politicians can
didate, and all the Democratic congress
men from California are bombarded in
ccSsantly by the friends of the three appli-
cants- Senator White refused to take any
action on the ground that the Office is in
the district of a Democratic member, so
there has been wide field for the fighters
during the time Mr.. Cleveland has been
on his jaunt down the coast.
A tolerably important bill introduced
by Mr.. Baldwin OF Minnesota has been IA
vorably reported by both committees to
which it was referred and will be pushed
with vigor in the house. 1t is entitled an
act to increase the navigAbility of the St
Louis and Cloquet rivers, ETC. The Alta
monte Water company proposes to invest
$4,000, 600, more or less, and collect all the
waters OF the drainage basin of those riv-
IN nm