Show SIBERIAN GOLD FIELDS I I Mr C ty Purln tan in the Sop tember Engineering Magazine Is not oversanguine there will soon be I mining boom in Siberia compared with which all former booms HI seem small lie figures out that her goldfields gold-fields placer and quartz cover an area of 8SOOOO squares miles I as compared with 2Gi000 for the entire United Slates I and tells of quartz Veins eight feet In thickness and Seamed and upucklcil and glorlllod witl native gold and wire gold Though the Russians have btionmining there since the Umo of CaOierluo I they have nwd lllllo linprovfmontu I In their methods Their proUuct Is I chiefly from the placers and there th types of machines l od are precisely I the same as thoso usod before 40 and the spring of GO The lowest gravel that they attempt to work must carr 33 cents per yard One mine Is clte from which JSOOOOO per annum is taken but that requires the work of 2000 mel and more than 500 horses About 1200 COO yards oc gravel la handled annually This Mr Purn ton estimates would b < hrtmllcd In the United States with five I American steam shovels with the needed I need-ed added attachments to wash the gravel and dispose of the tailings altogether 1 alto-gether say sixty men and GOOhorso power boilers and engines or at an expense ex-pense of less than onethird thaL In Russia This estimate we think is extravagent probably twice too high Mr Purlngton was busy In examining the country for fifteen months and reports re-ports seeing great number of quartz veins which would pay largely Only one mlno there Is being worked by enlightened en-lightened methods The final conclusion conclu-sion of Mr Purlngton Is I that with American machinery and methods Introduced In-troduced on tho mines now In possession posses-sion of the Russians there would be a yield of 3200000000 annually for thirty I years to come I will bo a joke on our extreme gold friends When South Africa returns its normal yield and when Siberia becomes tho marvel of the world as a goldproducer They will begin to hedge they will no longer discuss sound money there will be talk of reducing the coinage or of stopping stop-ping minting gold altogether limiting the currency of the world to paper Issues to be regulated by the bankers Wo are awfully sorry for those careful creatures sorry in advance |