0. Their total product
from 1513 to the present time is estimated to be $2,764,000,000, of
which $2,164,000,000 have been obtained since 1848. The annual product
of gold in America is $40,000,000,--more than one-third of the entire
annual product of the world. The total gold product of America, since
the hills of Hispaniola were revealed to the eyes of Columbus, has
amounted to $4,940,000,000--one-third of the product of the world since
the earliest times.
Gold was discovered in Russia in 1743, near Nertschinsk, alluvial
deposits having been observed in that year in the Ural mountains. The
mines extend over that parallelogram of the earth's surface, comprised
between the parallels of 50 deg. and 60 deg. of north latitude, between the
Volga and Amoor rivers. They were not generally explored until 1810. In
1816 their product was but $80,000; at the close of 1823 there was a
large development. In 1830 the annual product was $4,000,000. About that
time the deposits of Siberia were discovered, and at the close of 1840
they yielded a greater production than those of the Ural. In 1843 the
total annual product of both regions was $18,000,000. In 1853 it
attained to $36,000,000, but since that date it has gradually declined
to $22,000,000. The total product of the Russian goldmines has amounted
to $805,000,000. The annual product of gold in Europe is $24,000,000.
The total product of gold in Europe, from the earliest times to the
present day, has amounted to $4,145,000,000.
Gold was discovered in Australia by Edward Hammand Hargreaves, on the
twelfth day of February, 1851, in the Bathurst and Wellington districts,
and the mines extend from 18 deg. to 38 deg. of South latitude. Their annual
product has decreased from $75,000,000 in 1853 to $26,000,000 at the
present time. Their total product has amounted to $1,453,000,000. The
finest gold was obtained at Ballarat, and the largest nugget was dug up
at Donolly, and weighed 2,448 ounces, valued at $46,000. The New Zealand
gold mines were discovered by Messrs. Hartly and Reilly, on the
twentieth of August, 1861, in the Otago district, on the Molineux river,
on the 45 deg. of South latitude. Their annual product has decreased from
$10,000,000 in 1863 to $4,000,000 at the present time. Their total
product has amounted to $176,000,000. The annual product of gold in Asia
(including Australia, New Zealand and Oceanica) is $32.000,000. The
total product of gold in Asia, from the earlies
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