The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1913-06-17
United States Money in Silver,
Copper and GoId-OId Mines
and New Methods : Our
Great Smelling Industries
Durango and Its Iron Noun
tain - The Real Del Monte
and Its Millions, Vast Areas
of Low Grade Coal.
tBy FRANK &. CARPENTER.)
copyright, 1918. by Frank c.. Car
penter.)


copyright. 1913. by Frank c.. Car
penter.)
MEXICO CITY.
! want to tell you Of the vast guam
titles of gold, silver and copper which,
notwithstanding the revolution, Mexico
Is taking out of the earth. The rebels
and the banditti are retarding min
ing in some localities, but most of
the properties are being run at their
fun capacity. and the output this year
will run high into the tens Of millions
of dollars. We have now, it is eSti-
mated. more than 223 millions of good
hard American dollars invested liz
Mexican mines and our people are
large owners in almost every mineral
region. There are American mining
engineers and p~roSpectOrs even now
Investigating some parts of the cOun-
try. and / am told there are many
mineral regions which have hardly
been touched.
The Worlds Treasure Vault.
This land of Mexico is the worlds
great treasure vault. 1t has been pro-
ducing silver and gold for more than
500 years, and since the discovery of
America its total yield of the precious
metals has been between four and
five billion dollars. 1t has produced
one-third of all the silver now in use
upon earth, and it's total output OF
gold and silver is 33 per cent more
than all the money which is now in
circulation in the United States. In
other words, if o will take all the
gold coins in this country, including
the bullion in the Treasury, all of the
silver dollars. amounting to five hun
dred or six hundred millions, all OF
the quarters, half dollars and dimes
all of the Treasury notes, and all OF
the United States and national bank
notes. all the gold and silver certif'
Gates. and. in short, every dollar!
worth of silver n gold coin ane
every bit Of currency, n shovel then
together into one pile, that pile woult
not equal the value by FIVE hundred o.
one thousand million dollars tn
money that has come out of Mexico
mines. The amount is greater THAI
all we have in our savings banks an
Tour times as big as our national deDt
The Output Increasing.
More than this. the quantity o
metals mined is steadily increasing
The production in 1908 wac tn
greatest in the history of the countr,
and that Of 1909 was nearly as grea'
Today Mexico AMI at the head Q
the silver producers. 1t is fifth anon
all those in which gold is mined. an
this is so Notwithstanding much of TN
mining is by old and waSteful meth
DDS and that there are localities con
tanning mineral deposits which hav
scarcely been touched. 1t is sal
that three-fourths of the minera pos
sibihties are as yet unexpected. Ant
moreover, the mines are rapidly &C
ing into the hands Of Americans, VIII
are operating them after the mos
modern ethod The new Smeltel
and the cyanide process are tak1n
the places of the mule-crushers an
patio methods; and the percentage {
gold n silver gotten out of the OF
's on the steady increase. During IN
past ten years almost $tOO,OOO.oO
worth Of gold and silver have bee
taken out Of Mexico and in 1911. tf
metals produced yielded $1,000 %
Since 1877 Mexico has produced MOI
than $1,1OO, OOO, 900 worth of gold an
silver, and there are now over oO,Vt
mines in operation, with SometnlI
like 1.OOO, 900 acres Of mineral prOl
critics.
McxicO's Big Silver Mines.
The silver mines of Mexico hay
formed the chief revenue OF the coul
Try for more than a century, ana u
yield of last year was greater .nd
ever before. Some of the mines ma
yielded phenomenal quantities. mo
about Zacatecas nave produced mo
than $1,000, 0O0, 900, and those
Chihuahua have yielded four or n
hundred millions. Today silver mi
ing is going on all over the countr
The Pachuca district in the state
HidalgO has a large number OF pro
critics. half Of which belong to u
Rio del Monte Company, when Is