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Excerpt from The Art Journal, 1875, Vol. 37The total estimated stock of gold in the world previous to the discoveries in California and Australia was about and since then (that is in a quarter of a century) the quantity of gold has doubled. Australia alone has contributed to this about The outlets or employment for this gold may be. Reduced to five - coinage, export, consumption in the arts and manufacturing industries, loss or waste, and the reserve held in banks or in private hands.It is extremely difficult to arrive at precision or accuracy on this question, from the multiplicity of documents and returns which have to be compared and tested from various countries; but still a tolerably fair idea may be obtained of this great question, without assuming perfect accuracy.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.… (more)