The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-11-05

more money in the country with which to
do business.
rortant fact that this hypothesis with
regard to the supply Of gold has been
proven TO be totally nnfounded. Most pco-
PIE are aware OF the great recent and
prospective discoveries in Alaska, Colo
rado and other parts of our country
Mexico has also recently become an Inn
portant factor IN gold production. We
nave also seen that Australia now pro-
duces about 100000 of gold per annum
ana in the month prior to the commence.
ment OF the Boer war South Africa alone
was producing gold at the rate of about
one hundred million dollars per annusn
This last production was only temporarily
suspended. Is It not evident that the gold
production now equals the production Of
both metals a few years agol
Few people know OF the vast extent
n the Johannesburg mines. Prof Becker
the well-kno~n expert OF the United
states geological survey. made a special
trip 10 South Africa for examination OF
the mines there, and on his return to
washington he personally Informed me
that It was then definitely known that
the johannesburg district alone contained
gold to the prOdiglous amount OF ten
thousand millions OF dollars, a sum which
Is, as you know. probably more than
twice the amount Of ali the gold that Is
used for money purposes throughout the
world. OF course many years will BE
occupied IN the operation 81 getting this
gold out Of the earth and Il VIII not
be precipitascd upon the market too rap
AUNUTAFt.
the estimate Of Becker and others Il cor
rect, we need no longer disturb ourselves
about the scarcity Of gold for the next
fifty years.
'sThe fact is that the mining talent ard
industry Of mankind. as 10 the precious
metals. has largely centered ifs energies
upon the production 81 gold for the last
few years, New processes. such as the
chlortnation and the cyanide processes
have been Invented and introduced ~
which low grade % goid-prodacins ore
" = "A a rFtA
.'Noreton Frewen. the celebrated bimet-
silist, who has been very active on both
sides Of the Atlantic In the discussion 0s
the silver question. "a recently calling
attention TO The opening up Of natures
great treasure vaults IN south Africa snd
Australia He states that gold has IN
creased iss production some 80 per cent
within less than aftean years
We have Just read ~ the shipment ~
f2-sa90o0 ~ sold from South Africa 10 New
York. this being the FIRST great INSTALL
ment Of gold shipped from south Africa
since the resumption o. mining IN johann
nesburg.
This r. a foretaste Of what Is 20 come
90 America from abroad: principally ow-
ing 70 the great and continuing balance ~
trade in favor Of this country ia the
markets OF the world. So that America
r. likely 70 get al least her share Of
the gold produced In The world
This balance OF arade 30 our favor "a
Cotton IA ana Wheat but { also largely due das
10 the development Of our manufacturing
and other industries thar have been stimu-
lated and developed BY the Republican
protective tsrin system
This Is enough TO convince former
Silver Republicans and all who wish for
genuine prosperity that Il IS their duty
TO support the Repa alican Candidates AZ
the coming election"