The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-06-15
WORLDS TREASURE VAUL T---NGIR0
ny FRANK G. CARPENTER.


Mexico City.
WANT to tell you of the vast guam
titles of gold, silver and copper
which, Notwithstanding the rcvoiu-
zion. Mexico is taking out of tho earth.
The rebels and the banditti are re-
tarding mining in some localities but
most OF the properties are being run at
their full capacity. and the output this
Year Will run high into the $4,000. ooo
We have now. Ii is estimated moro
can dollars invested in Mexican mines
and our people large owners In
almost every mineral region. There
arc American mining engineers and
prospectors even now Investigating
some parts OF the country. 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-
ducinR silver and gold for more than
500 years. and since the discovery of
America it's total yield of the precious
metals has been between $4,000, 900. 600
and SS.ooo.ooo,o0o. 1t has produced
cne-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 tho money which Is now In circula-
ton in the United States In other
words II YOU Will take all the gold
coins in this country. including the
y.
Yer dollars, amounting to $500. 0O0 600
or $500, oQ0, 600. all OF the quarters half
hcllars and dimes. all of the treasury
notes, and all OF the United States and
national bank notes. all the gold and
silver certificates. and, in short every
dollars worth of silver and gold coin
and every bit OF currency, and shovel
them together into one pile that uile
would not equal tho value by $500 600
or sl.oo0.o0o.ooo the money that has
amount is greater than all we have I'm
our savings banks and four times az
big as our national debt
The Output increasing.
More than this. the quantity OF
metals mined Is steadily increasing
The production in 1908 was the great
est in the history of the country. and
that of 1908 was nearly as great To-
day Mexico ranks al the head of the
silver producers. II is fifth among all
those in which gold is mined. and this
is so. Notwithstanding much of the
mining is by old and wasteful meth
DDS and that there are localities con
tanning mineral deposits which have
scarcely been touched. 1t is said that
three-fourths OF the mineral possibili-
ties are as Vet uneXploltcd And. more
over, the mines are rapidly going into
the hands OF Americans, who are oper-
ating them after the most modern
methods The new smcltcrs and the
cyanide process are king the places
of the mule -crushcrs and patio meth
DDS. and the percentage OF gold and
silver gotten out of the ore is on the
steady increase During the past ten
years almost 5000. 600. 600 worth of gold
and silver have been taken out of
Mexico, and in 1911 the metals produced !
yielded SSl, 100000. Since 1877 Mexico !
has produced more than Sl.1O0. 600. 900 !
worth OF gold and silver. and there are |
nnN min in i.,,
with something like 100000 acres OF |,
mineral properties.
MrNico's Zig silver Mines.
The silver mines OF Mexico have !
formed the chief revenue of the coun- /
try for more than u century. and tho |
yield OF last year was greater than
ever before. Some of the mines have /
yielded phenomenal quantities. Those |
about Zacatccus have produced more |
than $1,000, 100000 and those OF Chi (
huahun have yielded 100000. 600 or
$500, 900. To-day silver mining is
going all over the country. The
Iachuca district In the State OF lIidal-
20 has large number of properties,
half OF which belong to the Rio del
Monte Company. which is n subsidiary
OF the United States Smelling and Min
ing Company.
The most of these mines belonged to
the MeXicans. who had been working
them for hundreds of years by the old
patio process. The Americans have put
in modern machinery. They are going
down far below the depths reached by
the McXicnns. and between 1906 ard
l9l0 they had paid over 100000 900 in
dividends.
In the same region are the Santa
Gertrudis mines. registered in Great
Britain At a capital of $500, 600. and
there are other companies which are
doing we'll.
Gununhuato and chihuahua
In GuanahuRto the Americans have
renovated and increased the silver min
ing industry. which has been in opera
ton there for more than 200 Years
They have sunk their shafts far below
those of the McXicAns and have put up
enormous mills capable OF dealing with
hundreds of thousauds OF tons OF ore
every year Fh"y get their power
from waterfalls more than lSqI
miles distant and are mining with the
most modern machinery. In 1911 the