Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-06

GTREETs Of silver and gold, which are de-
scribed 90 glibay By the rOmancer,' would
require tremendous amount Of work, II one
sits down TO hgure it out literally.
AN the silver mined since 1892 in the en-
tire world, II laid As . s-iEdh covering Of
BroAdEay, for instance, would stretch only
from the Battery to Central Park, . distance
OF some four miles. This tremendous block Of
metal would contain $4,000 oOe oOe ounces Of
pure silver. .'
The! production Of silver is going up rapidly,
Is much being mined from 1909 to 1927 As was
produced in SOe years, from 1898 to 1900 AID:
It d . strange situation that SILVER, although
produced in the ratio Of IA to 1 with gold, is
valued ut only about 50 to /. Since silver was
dennonetiSed It's decline in value has been,
marked. : II @.;2@i IT, . .
when Columbus sailed from Spain on. his
great voyage OF discovery, the principal, silver
producers Of the world were Germany, Austria,
Japan and Sweden. Discoveries Of minerals in
Bolivia, Peru and Mexico soon after the begin
ming Of the sixteenth century quickly forced
the producers Of the Old World into positions
o. secondary Importance. Co.,. -. x
! IN the les years from 1893 to 1600 Bolivia
produced 40 per cent Of the worlds silver, fol-
lowed IN turn BY 10 per cent fEom Peru and l2
per cent each from Mexico and Austria:
:. During the next century, 1901 to 1T00 the
New World established It's supremacy IS silver
producer more firmly, accounting for over II
per cent Of the WOEA0 tOtAt. bOtn Eefu @mO
MEXICO almost quadrIpled their production and
doubled their proportion Of the world total.
Bolivia continued IS the leading producer with
So per cent Of the world total. = ..'t
, Mexico increased its production very rapidly,
% that IN the eighteenth century over 00O, 600.
go oslnces-57 per cent Of the worlds silver
was mined in this one country. PERT remained
hi 'sec6nd place with . production OF 3e0O00,-
go ounces, or 40. per cent Of the world total
. The production Of Bolivia dropped 30 3i4O00,-
go ounces, leed than oEse-h Afr o. inst i'm the
preceding century = -. ..~". .' -
:, In the decade 1901 to 1sla the Spanish OOl-
,dMleSt produced over 81 per cent Of the total
world :slver OF. 24T:eee,OOO ounces. with the
'cEoSe 0f this dAcAde . revolution STARTED which
was to drive the Spanish governors fr0nE every
capital Of continental America within 20 years:
silver mining declined greatly. for the two
:decade6 o. revolution and reconstruction, bus
before the end q the half century prodHctiou
had reached new heights. Mexico, with 0o5,-
80 ounces. or ST per cent. o. the. world
SECOND and BOLIVIA tlaird with productions end
percentages of l5e eoeoo0 OUNCES IS per cent,
'And II oO0oo ounces 10 per cent respectively:
During the next half century the production
Of the United states rose from negligible
amount to 1arst place aaAoMg the countries o.
the woFld. This period Witnessed the Develop
nAeRts o. the. western IStates... After the DIS
.Oovery a the O0aastock lOde IN 1e6e - sysAr,
passed without discovery Of o. great silver. de-
.PoSts For. the ,hAh century, 1854 TO 1e0o, the
world production nearly qWAArMpacd, attaining
o. total. az ever A000, 600 .0unOes, .The United
States produced omey and, 0Me-tlAird 6alAk0m
ounces, O. % per- cent; Mexico, enc and one
sQaAArter' bllilon eNAoes, q % Per oeAt:, aAA