Evening star. [volume] (Washington, D.C.) 1854-1972, 1899-05-19
THE OUTPUT OF GOLD
Indications That 1900 Will See the
Production of S4OO,OOO.00O.
COMPARISONS With RECENT YEARS
Some Facts That Mr.. Bryan Will
Have to Confront.
WORK OF THE WORLDS MIN Els

WORK OF THE WORLDS MINES
M. William J. Bryan will have to con-
frCnt the fact. next year. il he makes
campaign upon the alleged scarcity of gold
money, that the production of gold for the
year available for monetary uses Will cX-
coed the combined prOduc ton of gold and
silver available for such uses as recently as
1896 wh.n he made his last campaign
upon that issue. This fact has already been
limited by Mint Director Roberts, but IS
strengthened by the figures of gold produc-
ton which are daily reaching the Treasury
Department. The official figures for
ious countries in 1898 rapidly coming to
hand. and indicate increase in gold pro-
duction alone of $Io.G1,kn over the gold
production of 1897, which $231,Joi 800
Returns for 1899 are already available to
a sufficient extent to indicate another in
crease of more than s5ooo0.ooo over 1925
unless some unexpected catastrophe checks
mining in South Africa or Aus tra1ia which
will carry the production for the current
year to about S3in, UmW1 This rate of in
crease has now been running for several
years. and it is believed at The treasury
that the year 1900 can hardly fail to show
a gold production of S+UD,Upno0 About
S6.,,H0D,HD will he required for the arts,
having s333,o00.1n available for use as
money.
The gold production of 1896 was S202. esq.,
300. of which about S13S, GOo.D0O was avail
able for monetary uses, and the silver pro-
ductiOn was SIT. 4i2.9oo at the coming
value. of which about S1IJ. oOO, 600 was avail
able for monetary uses. The whole amount
of both metals available at that time
therefore, If the minis of the world had
generally been opened TO free coinage of
silver q hput S112 which will Ia
about 81 0O0'EO less than the available
supply of gold alone in the year of the next
presidential election.
South Africa and Australia.
The details which fill up this striking pic
ture drawn chiefly from the gold fields
of South Africa, Australia the Klondike
and the United States The South African
production is known and reported monthly
by cable. The total for 1888 was about
$s0,ooOO00 being an increase of about S2l,-
OOU,UO over the production of 1897. The
first four months of the present year have
indicated an increase of n per cent over
1898. which would afford total production
for the year of over S1U6. 400. 600.
The recorded production of Australia for
1898 is about s6S.oa@.Ho0 an increase OF
S12.O00.0b over 1897. Every indication
points to similar increase for 1889 car
rylng the production for the current year
to s7S,00O,0oU
states.
The United States, which held first place
IN gold production In 1896 by d margin of
$s,UOO.ooo over Australasia and chung to
second place by Il neck in 1897, will drop
below both the leading competitors for
IS9S The official preliminary estimate pre-
pared by Director Roberts in January put
the production in 1898 at s,i1 TS2 ST. This
VIII be slightly modified by the final reyi-
SONS bat IS not likely to be reduced The
nf he. TTY,;+g
francisco indicate that s16.32O :l:9} in Amer
lean gold was presented for treatment there
while the estimate of Director Roberts puts
Ine tahIornla product at only S14SS3, 721
l ne l hlted States production of 1897 was
sol ,:bSi.'Ah. The increase of 81 pp cr1n fo,.
+ IH.'S Will be duplicated for the current wear
and Is likely to be increased next year,
Colorado. California, South Dakota ana
-'lohldha are making tremendous tight To
increase their product and the ninaS
opened IN Washington promise to be an i'm
P9rtant factor in the near future
Inc production of the KIondika d,s+r,o.
"ilch appears IN the returns for tha no
minlon OF Canada was ST ol7 oe, for 1soZ
and s13, 1a0nra for 1888 A nroduction ~
Lot less than S2OVOo.oOO seems TO he assa1r
ed for 1899. " ''
Russia and Mexico
other countries which will show consid-
ciaole increases FOR 1SS over 1891 and again
Tor the current year over last wear are
Russia and Mexico Russia is likely To in
crease very materially the product from
the river valleys Of Sfharj., ,,.itt;, ~, I'm
few wears in addi,ta,, -. ''''' nc iie"1
~ "NNIll"h 70 the steady sup
ply which is dug up from the mines Of the
ural. FROM all over the world renorts
t. - me ltIAi't nGreau OF the increased pro-
~ i Nv HeAs oi the soid mines under the
~, it9 VI improved machinery and low
''9' u PiouucuoH.
Increase in the Gold Output
The gold production Of the world had AL
ready made immense strides within a very
few years when Mr.. Bryan made his cam
p''Ign for free silver in iS.&. 1t was esti-