nt with a
peninsula attached by a narrow isthmus. The annual product of gold at
the commencement of the Christian era is estimated at eight hundred
thousand dollars; at the period of the discovery of America it had
diminished to one hundred thousand dollars; after the occurrence of that
event it gradually increased, and in 1600 it attained to two millions;
and in 1700, to five millions; in 1800, to fifteen millions; in 1843, to
thirty-four millions; in 1850, to eighty-eight millions; in 1852, to two
hundred and thirty-six millions; but owing to the falling off of the
California as well as the Australia mines, the product of the present
year will not probably exceed one hundred and ninety millions.
Since 1792 to the present time, the gold coinage of the United States
mint has amounted to seven hundred and forty millions of dollars, of
which six hundred and fifty-five millions have been issued since 1850.
The gold coinage of the French mint, since 1726, has amounted to
eighty-seven hundred millions of francs, of which fifty-two hundred and
fifty millions have been issued since 1850. The gold coinage of the
British mint, since 1603, has amounted to two hundred and eighty
millions of pounds sterling; of which seventy-five millions have been
issued since 1850. The gold coinage of the Russian mint, since 1664, has
amounted to five hundred and twenty-six millions of roubles, of which
two hundred and sixty millions have been issued since 1850. The
sovereign of England contains one hundred and twelve grains of pure
metal; the new doubloon of Spain, one hundred and fifteen; the half
eagle of the United States, one hundred and sixteen; the gold lion of
the Netherlands, and the double ounce of Sicily, one hundred and
seventeen grains each; the ducat of Austria, one hundred and six; the
twenty-franc piece of France, ninety; and the half imperial of Russia,
ninety-one grains. A commissioner has been despatched by the United
States Government to England, France, and other countries of Europe, to
confer with their respective governments upon the expediency of adopting
a uniform system of coinage throughout the world, so that the coins of
one country may circulate in any other, without the expense of
recoinage--a consummation most devoutly to be wished.
The fact that the large amount of gold which has been thrown into the
monetary circulation of the world within the last fourteen years, has
exercised so little influence upon the mone
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