The Boise citizen. (Boise, Idaho) 1906-1910, 1907-08-09
BOISE, IDAHO, FRIDAY, AUGUST 9, 1907.


stock Mines nothing Not until years has been possible
ahead in the extraction of billions gold which scaeed
through the rocks and soil of the Wit waterand required
processes but supplied them Here gold
bearing reef forty miles length taOeny miles 1vid and in
which borings the depth of $500 feet So7V gold unfinished
qnantes How much gold is there in the Wwasrand? Hun
ded probably thousands of billions of dollars of i'll The late
Joseph Med of the Chicago Tribune estimated that the dscov-
cred dges of the Tranvaa contained enough gold supply
human being the earth with $4,000 of When that time
iron will be far more precious than gold
The Wwaersrand congomeae carries only the Insignificant
of pennywegh of gold the on but uniform
therefore only question of machinery and labor to determine
the yield Money supplies the machinery and China the labor The
annual production of the Tansvaa gold factories exceeds
the broken every month If labor be
had there why the output should reach half billion
year, the rock be worked for centuries without making
serious impression its vast Imagine forty Manhattan
Islands saturated with gold the depth of reequarters of mile
and you will faint cepion of the possibilities of the Rand
Thee risk than there of securing harvest of sand
along seahore To produce gold that country prosac and
cranberry raising Connecticut There
tors wonderful discoveries their place stupenduous mills
army poorly paid Coolies and from this simple
bnaon rolls forth everncreasng flood of gold which the
world is compelled to absorb
Zone picture of modern gold manufacturing Not many
discovered all of the soil the Sacramento
San Joaquin Valleys of California filled with gold We
will consider what being done the Sacramento For hundreds OF
this through broad valley of width varying from
twenty than hundred miles When it became known
gold scattered through the OF this
valley Capital called Science and Invention for assistance The
distant mountains made furnish power for electricity
Then there built floating gold factory at cost OF S25OOO0
took position bank of the river and with its dredging
appliances began way the SOIL The mud and dirt
the huge the gold extracted the taings being
dumped in the rear Thus witnessed the strange sight of fac
tory crawling slowly overland toward the distant foothills 1t rested
Canal of its making with electrical power gener
aed by brook worked wentfour hours day with
three shifts men, the of gold extracted uniform
tIe of
was no about its operation than there about brick
kim that $25OOO gold factory made net profit of
the first year
There are thirty of these floating gold dredges work cutting
their ways from the into the open country They grind
ing farms orchards and meadows into gold There will be one
hundred of them commission inside of and at the lowest
estimate they will add $25 annually the gold supply The
dredging capitalists land from the farm and divide
the profits on such basis may be agreed upon
Such modern methods of producing gold The element OF
risk absent has become merely matter of capital and labor
New multiplied by thousand times the amount OF ore
which can be proaby handled 1t discover new
of gold and then the hardy propector will
strata in which yellow will gsten before his but he
will become no richer the capitalist who pays much
day jam godmang dredge through the valleys OF the Saa
the San Joaquin and he rest assured that his claim
will be exhausted before the Coolies through with the
hundreds of cubic miles of gold which lies in Africa
Science Invention the Machine have conspred to demos
the gold standard based mans nefcency to cope with
nature The of gold and silver safe when savage and
machnelesS inhabited the EARTH HAD the ancient
known of the billions of tons of godbarng rock IN
the Wwaersrand they would have added pound of gold
to the worlds stock.
The Machine made gold metal If were possible
to maintain stupid theory the gold standard of value the Ma
chine would grind Rocky Mountains to dust and extract from
4; millions or billions of gold will be necessary Gold
is about to step the throne and take his place as
servant.
But how will this be done What will be the effect upon prices
and on prosperity interim before the world fully realizes that
its measuring stick rned Will there be great losses and II So
who will sustain he Is possible check by law the production
If GOLD? What will be of the great bankers What
will be future standard OF value?
These are questions which the future will have to and