Resources of the United States

27 gypsum, salt, tin, quicksilver, asphaltum, coal, iron, copper, lead, mineral and medicinal, thermal and cold springs and streams.” “ The yield of the precious metals alone of this region will not fall below one hundred millions of dollars the present year, and it will augment with the increase of population for centuries to come.” “ Within ten years the annual product of these mines will reach two hundred millions of dollars in the precious metals, and in coal, iron, tin, lead, quicksilver and copper, half that sum.” He proposes to subject these minerals to a Government tax of eight per cent., and counts upon a revenue from this source of twenty-five millions per annum, almost immediately, and upon a proportionate increase in the future. He adds that, “ with an amount of labor relatively equal to that expended in California, applied to the gold fields already known to exist outside of that State, the production of this year, including that of California, would exceed four hundred millions.” “ In a word,” says he, “ the value of these mines is absolutely incalculable.” From the documents and other evidences now before the International Statistical Congress, it must be apparent that the metalliferous regions of the United States of America are destined, sooner or later, to add materially to the supply of the precious metals, and thereby to affect the currency of the world, especially if takefi in connection with the capacity of the auriferous regions of Russia, Australia, and British America, and the possibility of increased activity in the mines of Mexico. The undersigned would, therefore, respectfully beg leave to conclude the present Report with the suggestion, that a Commission be instituted by the body now assembled, with autho­

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