The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1896-01-29

Is hcld III solution. When this lenchin.,
lioSeSS' as IL is known. is conlulote
when all the gold has been dissolved
our, me gold-ladeu liquid is run through
. ,,inu ol inter made of bright zinc
ShaNlnsS, cut very fine This nrcrini
tites the metal and afterwards ,vbnn
II" solution of cyanide has been nm,
"ii' these zinc sllavings are nut i'm cloar
water and thoroughly shaken. with tba
tesuii mat tile gold falls off aud is do
!, - In me bottom of the tub Here
!, Is gathered up and put through the
rehnery and comes out. sometime. ~
bullion. " '' co1rse
When ores are OF low grade they oro
h hut put through the stamp mills ut ali,
and treltcd directly by the cvnnid,,
ms rs the case with the Cripple Creek
H M Oh low grade as with the ores Of
NV. NV "eaiand and many other com
uica. IN New Zealand so or 90 enr
cent. OF the gold values Is ohtoined ~,
this means; in South Africa hnt,.o pa
~ ana 40. In the latter case this saw.
ing nfords not only the entire nrnfi,
.Herc IS IN working the mines, bu, even
murh more. So that i; is fair TO snv
, ,m,t ML.hout cyanide there practically
would be no South African gold fold
but the new process has MOI bann NJ
ways so successful. In CalIforni, Tor
vHnHpie. III mas so far been found nj
little value Then. too. there il, nmonr
''.,iis men, or was until very recently
+" "Sri,ieu prejudice against the new
tS'hpd. When ii was first brought mi
HNc OF SIN years ago IL was hailed rs -
pahacca Tor every i'll that gold minin,r
knew IT was 10 treat every sort IF
rock, anu all with equal success Ana
IN SO many instances it sirnally failed
mat many experienced men cnrrJ,icI
that IL was not worth much of anvtb;rr
~ all. The truth lay between tEr tw:9
extremes
GOLD PRODUCTION OF THE m
TURE.
III would not be easy To make an an
proNimatcly accurate prediction MS 10
me probable future production of gold
,oi,feteh' experts have estimated tho
tolai Ullcnlablc Naluc of the gold hcnr
ing beds about Johannesburg nj abovr
H2,;'O0,O Opo0O and those of all the Trans.
Naai nj above $3.50O nO0 900 And they
calculate further that the output of thn
rhlisEaai ny 1900. or at least in the
binary total OF hundred millions =
EGa!. All over the world there is q
similar activity. which even if II lnas
not ieai to equally prodigous results
IS ut least sufficient TO indicate a steady
aud Interrupted increase of the worid!.
store Of gold.
Lust year the United States. Africa
and Australasia each put forth $4,000
oho of the yellow metal Russi, -,
oniN iittie behind with $34. 900 600. Each
81 iheSe sums represent n heavy in
crease over 1894, and Il vastly ..irafa
product than has been known in .,ny
year within this generation. This in
crease is all due to scientific ircotn,nn.
large bodies Of low grade ores orrs
which never could have been ;reata1
per ore Nor is there anything 10 iu5i-
ate that these low grade ores nrr h.
lhE exhausted. bu: on the contrary il Is
piopahle mat Yet larger bodies viii he
made To yield their riches. The in
crease OF the worlds output for the Inst
i've years mas averaged u per cent. for
tach year. IL the rate of increase for
The next five years averages no MARI
man 10 per cent. still the total for l0nn
VIII reach the stupendous sum nC 5000
1000 That would mean an ou;put for
me next five years Of $1,000. 0nO. 900 or
more than in any decade since 1Ss0
II would mean am OUTPUT for tba ,..,
years from 1891 to 1900 OF nearly s.. 600
1no OF gold. That Is equal to onc-rnurth
Of all the yellow metal mined I'm no aoo
years from the time Columbus discoye
cred America.
Put into other terms these estimates
reveal the possibility Of an ahsoI,,to
Slut of gold AT the present time ml,cl
less than one-third of the total gold
prodhct is consumed in the arts. ana
,here is nothing 10 indicate TINT This
iernand can Keep pace with the rapid
ana unprecedented increase i'm prodi,c-
non. Our present gold basis clIrrencv
scheme. originated In England I'm 1SlG
ana subsequently adopted by the chief
commercial nations Of the earth was
ofinuiated at time when the worlds
production of gold was a little more
han $lOOO0.0O a year In the intcryal
hat has elapsed the worlds population
ias increased only two and n half fold
While its gold production has increa sod
wenty times. The present indications
ire tnat II VIII be thirty times what il
vas in lSl6. before this century Is
,losei
CARL SNYDER.