Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1897-08-27

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 conti-
nent to Asia at the Belring 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
q Russian expedition has discovered
twelve gold regions in the vicinity of
the Sea of Okllotsk and it believes that
the western peninsula of Kamchatka
will develop gold fields which will, as
the dispatch puts 1t, 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 u California gold
fields is to be realized or not" said Mr..
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 go;d fields to-day which
are producing gold in very great guam
hties-South Africa and North Amer
lea. The Alaskan fields are, of course,
a part Of the same general Line of
mountains which developed such Won
derful gold deposits in our own terri
tory less than half a century ago, and
whether the mountains of Kamchatka
and Siberia are a part of the III gen
eral system or not, it would not be sur
prising 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
easons 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
mining of silver are now looking for
new gold fields; second, gold mining
and gold production becomes easier
every year as methods develop and
new discoveries are made. Take the
great gold fields Of California, which
were supposed to he worked out years
ago; the cyanide process now gives
promise of making them again pro-
ductive and 1t is quite probable that 1t
will be profitable to work over all the
rejected material which was thrown
away by the men who covered that
great gold field, and to produce from it
by this cyanide process great quantities
Of gold. This Is not unlikely to be the
case further south, in Mexico, Central
America and Peru. where such quanti-
ties Of gold were mined many years
ago. Add to this the gold develop
ments of South Africa, Australia,
North America and prospective Siberia,
and 1t is not surprising that the gold
productions of the world are more than
keeping pace with the growth Of bust
ness. As everybody knows the gold
productions Of the world have steadily
increased during the past few years,
those Of last year having been greater
than any in the history Of the world,
while all indications now point to q
still greater increased production for
1897"
Mr.. Bakers remarks that the gold
p%rouction Of the world has increased
with such rapidly suggests some in