The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-08-06

An SfEhf for the DiEE Ahb-NO ScH
-,,Ie Person VIII Use Plated
ware-sOme Facts About silver
Ruas. Gold Bugs and straddle
RYaS-Fun for the burglars.
From the Philadelphia Times.
--.,. ss1, feels a bit sad: and no won
Ha will be compelled 10 buy all the
--.- that is offered TO him if the demo-
.-s have their way. You wouldn't sup
-. tbat he wanted any more if you took
COX through the treasury building.
o.. huge box of iron lattice work, 100
49, long. 50 feet wide and Il feet high,
g. ,ba basement, is chOck full OF cart
-,.rsal dollars. They are in bags OF Sl,ooo
..cb which are packed in pine-wood cases
-, u..s, ont the damp. There are SsS,Oo,-
~, I'm that box The whole mass weighs
et.,,.+ 3 600 tons. The carts required for
living the money would form pro-
csssion stretching more than twenty
miles. ..,,-.-,
HON it would make the populists
mouths water to look on at such pa
rade But this is by no means the whole
~ the stock of silver dollars kept on
b,ni i'm Washington. In other vaults are
S5S.0O0O more. And if these are not
enough YOU can find 227,O00,OOO additional
carrwheels in various minis and suo-treas-
,,riss mostly in Philadelphia, New York
and san Francisco. When it is consider
ID that only about 5O,OOOOOO silver dollars
are in circulation at present, It Will De
apparent that the government is In no
danger of running short of them. For
Years past. while Uncle Sam has been
holding on to this enormous stack OF
white metal, the market value OF 1t mas
been going steadily down, down, down.
II YOU will drop in at the mint in Phila-
delphia you will have chance TO look at
more silver that belongs to the govern
ment-not coined, but bullion. There is
something very impressive to the eye
about this immense accumulation OF
wealth in the crude. You see il stacked
mn here and there in the shape of bricks.
If YOU had permission TO take what you
could carry you would not be aple 70
get away with more than about Sl,VOO
worth; silver is 50 cheap now. Inc qua
ker CITY mint at present holds $l07, 100000
worth of these ingOtS-coinlng Value. 1hey
take up a lot Of room; 100000 ounces OF
silver bricks occupy the space OF l2O cubic
The great advantage of silver as money.
from the point of view Of the democratic
platfrom, is that it is cheap. Ihere Is
every prospect that it Will become mucn
cheaper. The supply in sight IS pracll-
cally unlimited. Look at the Rocky Noun
tains; they are largely made OF silver
The entire mountain chain that forms the
backbone of the continent from Alaska
to the Cape of Good Hope, is full OF the
white metal You can hardly strike it
anywhere without coming upon SILVER
mine. Thus it Is not surprising 10 ma
that the Americas produce nearly me
whole of the silver supply Of the world.
In 1895 the mines of the United States
yielded 5SO0O,OO0 ounces of silver.
Fifty-eight million ounces! That seems
good deal, but it does not present a very
clear notion Of quantity to the mind. 1t
would make a solid sphere twenty-five
feet in diameter. Such a ball might be
rolled down Broadway, New York, just
avoiding interference with the pedestrians
on the sidewalks. Its diameter would be
about equal to the width of the street
from curb to curb. Either Cornelius OF
W. X. Vanderbilt could purchase 1t out
right without much inconvenience; but
IL is doubtful If they would consider II
desirable investment. Mexico furnishes
material for bail nearly as big every
year. A sphere about fifteen feet in diam
eter would represent the production of
Bolivia through which country the sill
Yer ridge of the Andes runs. Few people
know that Bolivia is third on the list of
silver producing nations.
The entire silver production of the globe
In 1893 would represent a sphere thirty
nve feet in diameter containing 10000 900
ounces of the white metal 1t is a very
remarkable fact that the entire stock of
gold in the world is just about equal in
NaIue 10 the entire silver stock; each is
approximately stated at $4,000 co., OO The
largest stock of silver is owned by India
estimated at $500, 100000. But accurate
hgures with regard to that country are
very hard to get, because of the propen-
sity OF the natives for boarding They
elther hide or turn into ornaments every
DIT or precious metal, whether silver or
soi9' tney obtain. Much of it is buried
ana iost. China comes after India, with
a STOCK OF Sl5O000000 worth of silver. and
600. VEGA T'-''VOV'
During 1895 We exported $53.OOO,OOO worth
OF silver. 1t goes out of the country as
merchandise, and is treated Just as if If
We're so much pig iron or wheat. All of it
Is hahdIed by few brokers' in New York.
WY advance money to the refiners to en-
SDIe lnem 10 pay for the ore that comes
from the mines. The refiners forward the
stun 20 New York in the shane of bricks
OF o. ABOUT LOO ounces each, marked with
- iii l'sS' Inc brokers ship the ingots
- Liverpool, whence they are sent by rail
- - LONDON London Is the silver market of
ele word, and there they are dealt in like
any other commercial commodity, being
Ely s 1 ana shipped away to India,
Esypt' Brazil and other parts of the
MoIId. The American ingots go nv the
name OF cake silver" Considerable 0uan-
~ etItes Oh them go to China, where they are
goes ~ ~ pleGeS Tor sort of currency that
'taels." PASOSs are cdlleo
Ma Many new Industrial uses for silver have
zen zen round within recent years. thanks to
60 eIls Increasing cheapness of the metal. Not
~, very long ago only rich people were
~ ~ 10 aHord a table service Of solid silver
b ~ now the luxury is within reach of the
-holder of very moderate means II
- common thing for jewelers. to adver-
Veiot spoons OF sterling silver for their
"elsht IN silver dollars. There is good rea-
SGu 10 believe that before long the metal
I'D, mtn oe much cheaper than at present THE
aI n4 OF the Rockies have only been peck
In G a., up 10 date. Deposits recently struck
dorado have yielded $4,000 a ton. Fy-
ii II such ores is like digging for wealth
booEe f " Of the treasury. A single
fCS ~ IN the park regent mine. at Asnen
yielded 100000. -9i@eu Iooul'
sinai Is all this talk about gold hugs
sn an bugs and straddle bugs? Are there
such creatures in the insect worId9
me answer is decidedly yes.
are " re are several species of bugs whio,
fi-iess epQted TO contain considerable ouan-
fbis Ii gold and silver. On account IF
and r gaiieI people sometimes gather them
prod' ultu them. The most popular gold
W5ioLtc eng insect is the golden rosecbafsr
rats Is known to science as cetonia a1,
] hau