The Olneyville times. (Olneyville [Providence, R.I.]) 1887-1917, 1909-05-28
NOTES FROM WASHINGTON,
Especial Correspondence.)

gold, prepared by the bureau OF sta
tistics, has been made public. Ac-
cording to the figures presented the
worlds stock Of gold has increased
about one-third in the last decade and
doubled in the last quarter OF a cen
tury. The stock of gold money has
meantime grown in even greater pro-
portions, being practically 70 percent
more than a decade ago. The tables
show the gold production OF the world
since the discovery OF America and
world, country by country. THE gold
production from the discovery OF
America to the present time," it is as
serted, aggregates $13,000,000, ,000
speaking in very round terms, and the
amount OF gold now in existence is
estimated by experts, still speaking
In round terms, at Sl1 900, 900 val
ue, while the value Of the gold coin
in all the countries of the world from
which statistics are available, now az.
gregates $1,000, 900 900" According to
the tables, very rapid increase in
gold production in recent years is
shown. "As the result of this rapid
growth" 1t Is said further, "the ID
output Of the worlds mines durin, ne
10 years ending with 1908, aggregated,
according to the figures In question,
$3,400, 100000, while the product OF
the Immediately preceding 10 years
aggregated 400,000,000, making
total of neadly $6,000,000,000 worth OF
gold produced in the last 25 years out
of total production of 5000, 100000
since the discovery of America. Mean
time, however, IL is stated, although
gold Is more carefully conserved than
any other article Of mans production,
some portions OF the $4,000 ,000, 900
have disappeared and the best estl.
mates put the worlds supply Of this
metal at the present time at about
S11 900, 100000, of which one-third is
the product OF the last 10 years, one.
half of the product of the last 25 years
and three-fourths the product of the
last GO years"
The stock of gold money in the
United States Including bulIom) has
the worlds supply the total quantity
or gold money reported in the United
States a decade ago November. 1899,
being $925,OO0,0O0, against $1,613,000,
600 at the present time, the increase
during the decade having thus been
about 75 percent, while the increase
In the worlds stock of gold money dur.
Ing that time was, as already shown
also about rs percent.
BY Key Of GoId-President Taft /.
to open the Yukon-hiaska exposition
at Seattle, June l, with a splendid
gold telegraphic key, presented to him
by Sec. Ballinger and the congress
sional delegation from Washington
The key is mounted on Alaska mar.
bic and is ornamented with % hand.
some gold nuggets from Alaska The
key will be connected with the White
House telegraph wires and the presi
dent will touch it on the day OF the
opening, thereby setting in motion the
machinery OF the exposition. Sec. Bal
linger's speech OF presentation was as
follows: Il have the honor and pleas.
ure, as former vice-presdent of the
AlaskaYukon, Pacific exposition, to
present TO you this telegraphic instru.
ment, to use when you send the mes.
sage on June 1st of this year, opening
the exposition at Seattle. | present
this key to you on behalf of the donor,
Mr.. George w. Carmack, as we'll as
hnh tln Al.
Alaska -Yukon-Pacific exposition. am
informed that Mr.. Carmack was the
original discoverer of gold in the Klon.
dixie, and that he had retained from
his discovery claim the nuggets which
ornament the polished piece of Alask.
an marble upon which this key Is
mounted. It is desired that the hand
which guides this nation shall break
the news to the world that Alaska,
the Yukon country, our possessions In
the Pacific ocean and the great north.
west, with the cooperation Of this gov.
ernment, have opened this opposition
on the shores of Puget sound" Pres
ident Taft responded, in part, as fol-
lows: Senators and congressman
from Washington and Mr.. Delegate
from Alaska l accept with pleasure
this unique telegraphic instrument,
bearing upon it the substantial evil
dence of the wealth of the far north.
west. / shall use it with great pleas.
ure to discharge the honorable duty
which you impose upon me OF opening
the exposition by telegraph on the first
OF June next, and shall preserve the
instrument as a memento of the i'm
portant step In the progress OF the
northwest, and especially that part Of
the northwest which We acquired
from Russia and which is even now
bringing back to the American people
many fold its original cost"
Aldrich Its Master-So confident
are the senate leaders that they have
the tariff game in their own hands
they are no longer worrying In the
slightest about the outcome Of the