and Russia.
Gold mining is carried on in a primitive way in several of the
provinces, chiefly by the washing of river sand. Valuable gold
deposits are known to exist, but no one has had the enterprise
or the capital to undertake their development, simply because
costly machinery is required and would call for a heavy investment.
Most of the gold washing is done by natives with rude, home-made
implements, and the total production reported for 1902 was 517,639
ounces, valued at $20 an ounce. This, however, does not tell
more than half the story. It represents only the amount of gold
shipped out of the country, while at least as much again, if
not more, was consumed by local artisans in the manufacture of
the jewelry which is so popular among the natives. When a Hindu
man or woman gets a little money ahead he or she invariably buys
silver or gold ornaments with it, instead of placing it in a
savings bank or making other investments. Nearly all women and
children that you see are loaded with silver ornaments, their
legs and feet as well as their hands and arms, and necklaces of
silver weighing a pound or more are common. Girdles of beautifully
wrought silver are sometimes worn next to the bare skin by ordinary
coolies working on the roads or on the docks of the rivers, and
in every town you visit you will find hundreds of shops devoted
to the sale of silver and gold adornments of rude workmanship
but put metal. The upper classes invest their savings in gold
and precious stones for similar reasons. There is scarcely a
family of the middle class without a jewel case containing many
articles of great value, while both the men and women of the rich
and noble castes own and wear on ceremonial occasions amazing
collections of precious stones and gold ornaments which have
been handed down by their ancestors who invested their surplus
wealth in them at a time when no safe securities were to be had
and savings banks had not been introduced into India. A large
proportion of the native gold is consumed by local artisans in
the manufacture of these ornaments, and is not counted in the
official returns. An equal amount, perhaps, is worked up into
gold foil and used for gilding temples, palaces and the houses
of the rich. Like all orientals, the Indians are very fond of
gilding, and immense quantities of pure gold leaf are manufactured
in little shops that may be seen in every bazaar you visit.
India now ranks second among the man
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