Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1897-08-19

MIA indeed Of the same general Line
which produced the gold of Peru, of
Central America, of the United States,
and now Of Alaska. Take your map Of
the world and follow this mountain
range and you will find that it seems to
cross from the North American comti-
nent to Asia at the Beh1ing Straits,
and that the extension of this general
range across into Asia covers the very
country into which the Russian Gov
eminent is pressing gold developments
and the general search for gold. The
dispatch referred to above states that
Russian expedition has discovered
twelve gold regions in the vicinity of
the Sea of Okhotsk and it believes that
the western peninsula of Kamchatka
will develop gold fields which will, as
the dispatch puts it, when opened, "be
a second California;
Whether the prediction of the Rus
slams that they are to develop gold
fields in Kamchatka which will rival
the early history Of our California gold
fields is to be realized or not" said MI.
NJ. Baker, of the Geological Survey,
talking ON this matter, certainly there
can be no doubt that the gold Of the
world has enormously increased and is
now increasing wonderfully. There are
two distinct gold fields to-day which
ire producing gold in very great guam
titles South Africa and North Amer
lea. The Alaskan fields are, of course,
part of the same general Line OF
mountains which developed such Won
derful gold deposits in our own terri
terry less than half a century ago, and
whether the mountains Of kamchatka
and Siberia are a part of the same gen
eral system or not, it would not be sur
prsing if these reports of large gold
deposits there should also be confirmed.
The fact is, there is a greater incentive
TO the production of gold to-day than
ever before. There are two or three
reasons for this: First, that silver is so
cheap that there is less incentive for its
production, and the people who had
formerly given their attention. to the
N'i-AA'NS VI Si1N C1 dIS LIZ" 1oOnhAAS ASNA
new sold fields; second, gold mining
and gold production becomes easier
every year as new methods develop and
new discoveries are made. Take the
great gold fields of California, which
We're supposed to be worked out years
ago; the cyanide process now gives
promise of making them again pro-
uuctive and it is quite probable that 1t
VIII be profitable to work over all the
rejected mateIal which was thrown
AWAY by the men who covered that
great gold field, and to produce from it
ny THIS cyanide process great quantities
vi gold. This is not unlikely to be the
vase further south, in Mexico, Central
AIlerlca and Peru, where such quanti-
~eS OF gold We're mined many years
ago Add to this the gold develop
,IeHtS OF South Africa, Australia,
-0.IA America and prospective Siberia,
SNu Il IS not surprising that the gold
plouucuons Of the world are more than
AeepIs pace with the growth OF bust
AS everybody knows the gold
t,ouuctons of the world have steadily
Az s1eaSed during the past few years,
,h Use VI last year having been greater
Wi Wi, any in the history Of the world,
stn 1e all Indications now point to a
1So- greater increased production for
nro, Bakers remarks that the gold
Mil ion OF the world has increased
49, Such rapidly suggests some in