Show THE kt at thy commencement men cement of the christian era the amount of 0 gold in existence was esti citi 11 sted alt when Arni amcy pr im ica waa discovered in 1492 thi had diminished to iu ill 1600 it had risen ag again ain t in through ni n to in 1700 to and in 1800 to lo the russian mines discovered brivil ed in 1819 and added to tho the production dil cioll vo co that in in 1813 3 the amount of gold itt in existence elisten m was estimated at e 0 2 then followed the gold dis dia cove zier in ill 0 in 1848 and in australia aralia in 1851 which have bave added greatly to the gold production so GO that in tho iho amount in existence N was 1 as estimated rt and tn fin at it is estimated til that 1 from 1848 1849 to 1860 california and australia v produced r va i gold tho total production oi of gold ka doirin dunns th the eighteen eighme lail years from 1848 1 0 to I 1 hae I 1 a acle estimated C sti mated at and d of pt at 6 00 of which ivl ich mexico N produced 1 on oil Jant january lary 1866 gold was valued at als 7 78 gd cd per I 1 ounce and cil ver at Ss ba aa per ounce the ounce of 0 gold old boing ilius gutc n timea met ats aa valuable as the ounce of ilver sit sil ver war at that time relatively bogoia to goia boic valti valuable able than it was waa in 1848 n ras waa quoted at af as alad an 1 ounce n cc which would make ouo buo ot ounce of rold gold equal to fifteen f and five V ounces of silver |