People's Pilot, Volume 3, Number 21, Rensselaer, Jasper County, 10 November 1893 — The Gold Product. [ARTICLE]

The Gold Product.

Already thoughtful Americans are waking up to the fact that, unless something at present unknown turns up, a time is in store for them when the precious metal will be at a premium, and what such a thing as that means can be best imagined by carrying the thought across the Panama isthmus. In 1891 America used for in dustrial purposes—i. e., watch cases, jewelry, plate, etc ,—nearly 820,000,000 worth of gold. At that date the total output of the standard metal was only just over 833.000,000. In 1892 the arts absorbed very much more than in the previous year without a corresponding increase in the output. If, however, the arts absorb two-thirds of the produce, what about coinage?—Jeweler's Review.