The Geological Features Of The Gold-Production Of North America

CONTENTS. [ ] I. INTRODUCTION. THE precious metals, gold and silver, are the basis of the monetary systems of the world. It is, therefore, natural and inevitable that widespread interest should be manifested in their production and in the various classes of deposits in which they are contained. At times a great scarcity of the precious metals has prevailed; at other times the production has seemed so abnormally large that fears have been entertained regarding their ultimate retention as standards of value. Since most nations have adopted the gold standard, and the remaining ones appear likely to do the same in the near future, the question of available supply of gold for the present and future very naturally arises. This necessarily involves a consideration of the characteristics of the gold-deposits. After the absorption of the gold treasures of the New World by the conquistadores, the gold-placers of Brazil and Russia