Читать книгу: «The Bay State Monthly, Volume 3, No. 2», страница 3

Various
Шрифт:

"Isn't the thought inspiring," I remarked to my companions, "that we are on the highest land for which our fathers fought a century ago?"

"And is it not the theme the ultima thule of grandeur in an artist's pilgrimage?" said Molly. "What a prospect! The plains of Canada, the forests of Maine, the mountains of New York, and I really believe the sea, if I mistake not that faint blue line in the far distance over the billowy land! What a grand spectacle a sunrise or a sunset would be, viewed from this height!"

The next morning we saw the sun start from its bed in the Orient, swathed in radiant clouds and vapors, and rise up behind the eastern range of hills; we had never seen anything so beautiful and striking before, and the scene is one which neither pen can describe nor pencil portray. Our memory will not fail to cherish it as the choicest revelation to be seen in a life time.

"Do you know it was just one hundred years ago this very year, 1784, Mount Washington received its name?" asked Fritz. "Well it was, and eight years later Captain Eleazar Rossbrook penetrated into the heart of the mountains and made a clearing where the Fabyan House now stands. His son-in-law, Abel Crawford, the patriarch of the mountains, settled the next season in the Notch, in the vicinity of Bemis station. Captain Rossbrook built the first house for the reception of visitors in 1803. Ethan Allen Crawford, son of Abel Crawford, took Captain Rossbrook's house in 1817, and two years later opened the first footpath to the summit of this mountain, where he soon after built a stone cabin. There, I give all that information to you gratis."

"Very kind of you, I am sure," said Molly, "but who will vouch for its authenticity?" you used to be a terrible story-teller."

"Clio does not lie; this is history."

"You would have us believe the staid muse very modest," said Molly. But I remember some one has said history is a great liar."

"A libel, a positive libel! Shall we believe nothing?"

"Only absolute truth. Do you believe in the Trojan war? Do you believe that Marshal Ney said at Waterloo, 'Up guards and at them?'"

"Do you believe there is a Mt. Washington? Your iconoclasts would destroy everything. There are White Mountain legends, of course, but there is also White Mountain history, and the time is not so remote but that the data can be relied upon."

"No one can argue with you, Fritz," answered Molly. "I accept your data in this case. You are welcome to wear the wreath of victory."

A night spent at the White Mountain House, one of the old-fashioned hostelries, cheery, hospitable, and with an excellent cuisine, cool, airy chambers, where one is made to feel at home by the urbane landlord, Mr. R.D. Rounsend, and we turned from this section.

The Crawford House, four miles below Fabyan's, is one of the finest in its plans of the mountain houses, its wide piazzas extending the entire length of the buildings. It is magnificently situated upon a little plateau, just north of the gate of the White Mountain, or Crawford Notch. The Saco River has its source not far from the house, its birthplace being a picturesque little lake. At the right hand Mount Willard rears its shapely mass, from whose summit a glorious view can be obtained. The ascent is easily accomplished by carriage, and the prospect, though not so grand and wild as that from Mount Washington, exceeds it in picturesque beauty. The whole valley of the Saco, river of the oak and elm, lies spread before the vision. The grand outlines of the gorge, the winding road through the whole extent, the leaping cascades flashing in the sunshine, all appear before the eye as in a picture. One feels like exclaiming with Cowper:

 
"Heavens! what a goodly prospect spreads around,
Of hills, and dales, and woods, and lawns, and spires,
And glittering towers and gilded streams,
The stretching landscape into smoke till all decays."
 

One of the beauties of the Notch is the Flume, a brook that goes leaping through its curious zigzag channel of rock on the side of Mount Webster, hastening on its way to join the deeper current of the Saco. Then here is "Silver Cascade," which is above the Flume, a series of leaping, dashing, turning waterfalls, descending now in a broad sheet of whitened foam, then separating into several streams, and again narrowing to a swift current through the rocky confined channel. The visitor will pause by its whitened torrent, loth to depart from the scene.

The White Mountain Notch, after Mount Washington, is the great natural feature of the range. For three miles the road follows the bottom of a chasm between overhanging cliffs, in some places two thousand feet in height, and at others not more than twenty-five feet apart. This is the great thoroughfare of travel, from the northern towns on the Connecticut to Conway and the Saco valley, and vice versa; and through it pass the headwaters of the Saco, which afterwards broadens out into a great river, and flows with rapid course through the loveliest of valleys to the sea. Much of the natural wildness and grandeur of the pass has been destroyed by laying the line of the Portland and Ogdensburg Railroad, which has been graded through the ravine. Railroads serve a great utilitarian purpose, but they have their defects; it seems out of place to ride across Egypt or the Holy Land behind a locomotive; a prancing steed or a camel with tinkling bells seems the most fitting motive power. There is nothing sentimental about a railroad, but after all who would care to return to the old methods of locomotion?

The Willey House, famous in story, stands upon the Notch road nestling under the steep acclivity of Mount Willey, which rises some two thousand feet behind the house.

"Why don't some of our authors use more of the historical material of this region in story writing than they do?" asked Fritz.

"The material is so romantic that romance can add nothing to it," answered Molly. "But you forget Hawthorne. His Ambitious Guest has imparted a weird interest to the event. He makes a young man, travelling through the Notch, partake of the hospitality of the family on the fatal night. At the fireside they fall to talking of their individual plans, the guest expressing himself as desirious of achieving fame. It seemed a terrible thing to him to die and to be forgotten, to leave no name behind and no monument to mark his resting place. In the midst of the conversation the ruin came, and the ambitious guest, flying with the family, found his burial with the others. The story will live in Hawthorne long after the true facts have been forgotten; or they will live because Hawthorne's narrative will have conferred immortality upon them."

This memorable event happened on the night of Monday, the twenty-eighth of August, 1826. A terrible storm of wind and rain prevailed, the mountain branches of the Saco and the Ammonoosuc speedily overfilled their rocky channels, and the steep sides of hills loosened by the rain swept down upon the valleys, destroying many an ancient landmark. One of these slides swept down toward the Willey House, then occupied by Samuel Willey, his wife, and family. The frightened inmates, seeking safety by flight from the impending ruin, were overwhelmed by the avalanche and perished, while the house remained untouched. The bodies of two sons and one daughter were never found; the rest of the Willey household lie buried in a small cemetery enclosure near the mansion house of Willey Farm at North Conway.

A most charming ride is that down the line of the Saco river to North Conway, whether by rail or stage. The beauty and boldness of the scenery on either side alternately enchants and awes.

"It reminds me of Switzerland," said Fritz, who had travelled on the continent, "only there are more rocks and ledges visible. The lower Alps are clothed in green and the upper ones in perennial snow. The Simplon Pass is not nearly so rugged as the Notch. Only in the West among the Rockies is there anything to compare with this. But below, a few miles, we have a view as pleasant as Christian and Hopeful saw from the Delectable Mountains."

"And do we have to pass Doubting castle, as they did?" asked Molly. "I don't think I should care for their experience with giants and giantesses."

"Here are castles and strongholds, but the giants, if there are any, are as helpless as Giant Pope was, who could only sit in the sun and gnaw his finger nails."

The towering cliffs on either side smile like the walls of a prison. We felt a relief when once they were passed, and we found ourselves in the broader valley below, stretching wide and green and beautiful in the summer sunshine—the famous meadows of the Saco. All of the savage aspects disappeared or were seen only at a distance. Glimpses were caught now and then of charming vistas, with the waters of the Saco gleaming brightly between the trees. No fairer valley can be found in our land than that of the Saco; and as for skies and sunsets, stop at North Conway and see what cannot be matched in Italy or the Orient.

That is what we did. A broad, level plain, five miles long by three wide, is the site of the village, which is a quiet and picturesque rural hamlet of the average size of country towns. Far in the north towers the lofty Presidential Range, in full sight, the distance softening all harsh and rugged outlines into beautiful curves and combinations, Mount Washington wearing a snowy forehead often through the entire heated term. The swelling summit of Mount Pequakett rises at the north-east of the village, a lone sentinel, guarding the gateway of the mountains with bold and unchanging brow. On the western side extends a long range of rocky hills, with the single spire-like summit of Chocorua far beyond, piercing the blue vault of heaven.

Sitting on the cheerful piazzas of any of the many hotels, one can breath the mountain air as freely as if they sat under the tower of Fabyan's or the French roof of the Twin Mountain House, but much of the grandeur of course is missed. The mountains do not seem to frown down upon you; they smile rather, and seem to beckon and wave as if desiring to gain your closer acquaintance. To know the mountains you must visit them, press their scarred rocky sides, feel their cool breezes on your forehead, then you will love them, reverence them. And this privilege is free to every one. Great railroads penetrate into the very heart of the hilly region, and the cost of travel is reduced to such a minimum that the poorest man can once in a while take his family for a pleasant sojourn among the mountains. One can start from Boston in the morning, take a dinner at the Pemigewasset House, Plymouth, and at night eat his supper at Fabyan's. And even a short visit is so refreshing, so invigorating to mind and body, that it repays when even the sight is not a novel one.

Glorious, grand, old mountain, lifting thy brow among the eternal snows; thou needst not the presence of Jove, nor the voice of a Homer to consecrate thee; and although Greeks and Trojans have never battled at thy base, still to us art thou dearer than Ida's wooded height where the gods sat enthroned to witness that divinely-recorded combat. Thy hoary peaks bear the names of chiefs and heroes who are not myths, and in the hearts of the people they are an everlasting memory.

THE PAST AND FUTURE OF SILVER

By David M. Balfour

Silver, next to iron and gold, is the most extensively diffused metal upon our planet. It is found frequently in a natural state, though never chemically pure, being invariably mixed with gold or copper, or sometimes antimony, arsenic, bismuth, quick-silver, or iron. It is distinguished by its whiteness, its brilliant lustre when polished, its malleability, and its indifference to atmospheric oxygen. It is remarkable for its beauty, and is ten times heavier than water. It does not appear to have been in use before the deluge. Moses does not allude to it before that event, but mentions only brass and iron; but in Abraham's time it had become common, and traffic was carried on with it, and its value was eight to one of gold. "He was rich in silver and gold, and bought a sepulchre for his wife Sarah for four hundred shekels of silver" ($250.) It was not coined, but circulated only in bars or ingots, and was always weighed. Silver usually takes precedence in the Scriptures, whenever the two metals are mentioned conjunctively. "Silver and gold have I none," said Peter to the importunate beggar, "but such as I have, I give unto thee." Silver is first mentioned in Genesis xxiii: 15; but where it was first found is unknown to us.

Silver was extremely abundant in ancient times. "And Solomon made silver to be in Jerusalem as stones." (I Kings x: 27.) "Cyrus heaped up silver as the dust." (Zacariah ix: 3.) In the earliest times the Greeks obtained silver from the Phoceans and Laurians. The chief mines were in Siphnos, Thessaly, and Attica. In the latter country the silver mines of Laurion furnished an abundant supply, and were generally regarded as the chief source of the wealth of Athens. They ceased to be worked in the second century of the Christian Era. At the period B.C. 500, the relative value of silver to gold was eighteen to one. The Romans obtained most of their silver from the very rich mines of Spain, which had previously been worked by the Phoenicians and Carthaginians, and which, though abandoned for those of Mexico, are still not exhausted. The most important use for silver, among the Greeks, was for money. At Rome, on the contrary, silver was not coined until B.C. 260.

Silver, as regards its mines, is represented in every portion of our planet. The richest silver mine in the world is Potosi; it is situated on an elevation thirteen thousand feet above the level of the sea, in a region of perpetual snow; it has always been worked in a very rude manner, yet it has already produced $250,000,000, and shows no signs of exhaustion. The annual product of the silver mines of South America, at the present time, is estimated to be $22,000,000. Their total product, to the present time, has amounted to $2,430,000,000. The silver mines of Mexico were wrought long before Cortez revealed them to the eyes of Europe, in 1513. Their annual product, at the present time, is estimated to be $30,000,000. The total product, to the present time, has amounted to $3,834,000,000. In 1850 Nevada was not reckoned among the silver-producing countries of the world. In 1867 she could proudly point to an annual product of $13,000,000; but it has declined to $6,000,000 at the present time. The total product of silver in Nevada has amounted to $340,000,000. The largest nugget of silver yet obtained was dug up in Arizona, and weighed 43,200 ounces, valued at the same number of dollars. The highest silver deposit in the world is on King Solomon's mountain, in Colorado, fourteen thousand feet above the Pacific Ocean. The annual product of the silver mines of North America is estimated to be $76,480,000. Their total product has amounted to $4,783,000,000, more than one-third of the entire product of the world from the earliest times to the present day. The annual product of the silver mines of America at the present time is estimated to be $98,480,000, and their total product has amounted to $7,170,000,000, more than three-fifths of the entire product of the world, from the earliest times to the present day. The export of silver from the United States, since 1848, has amounted to $413,292,757. The annual product of the mines of Europe at the present time is estimated to be $15,000,000; and their total product has amounted to $2,600,000,000. The annual product of the silver mines of Asia (including Australia, New Zealand, and Oceanica), at the present time is estimated to be $480,000; and their total product has amounted to $1,685,000,000. India has often been represented as destitute of silver, but we have statements from Sir Roderic Murchison that the Kulu valley is so rich in silver ore that it could yield a large product for future ages. The silver country of Vasours comprises the mountainous regions between the Beas, Sainji and Parbutti rivers. The mines, though previously worked, are now almost forgotten. The same is the case with the Manikarn mines, hitherto known to be incalculably rich. The annual product of the silver mines of Africa is estimated at the present time to be $40,000; and their total product to the present time has amounted to $389,000,000.

Silver, to the amount of $2,913,000,000, is estimated to have been obtained from the mines of the earth from the earliest times to the commencement of the Christian Era; from the date of the latter event to the discovery of America $521,000,000 were obtained; thence to the close of 1847, an addition of $6,025,000,000 was made; thence to the close of 1884, there was added $2,344,000,000; making a grand total of $11,803,000,000. The average loss by abrasion of coin is estimated by Professor Bowen at one per cent. per annum; and the loss by consumption in the arts, and fire, and shipwreck at $5,000,000 per annum. A cubic inch of silver is worth, at 48 3-4d., or 97 1-2 cents per ounce, $9.75; a cubic foot, $16.848; a cubic yard, $454,896.

Silver, to the amount of $900,000,000, is estimated to have been in existence at the commencement of the Christian Era; at the period of the discovery of America it had diminshed to $135,000,000; after the latter event it gradually increased, and in 1600 it attained to $391,000,000; in 1700, to $1,410,000,000; in 1800, to $3,622,000,000; in 1842, to 4,998,000,000; in 1853, to $4,945,000,000; and at the present the amount of silver in existence is estimated to be $5,504,000,000; which, melted into one mass, could be contained in a cube of seventy feet. Of the amount of silver in existence $3,800,000,000 is estimated to be in coin and bullion, $1,200,000,000 in watches, and the remainder in plate, jewelry, and ornaments. Of the amount now in existence $4,722,000,000 has been obtained from North America; $613,000,000 from South America; $59,000,000 from Europe; $50,000,000 from Asia (including Australia, New Zealand, and Oceanica); and $60,000,000 from Africa. The amount of the precious metals in existence is estimated to be $13,670,000,000.

Silver, so far as its annual product is concerned, has varied greatly at different periods. At the commencement of the Christian Era it is estimated to have been $4,200,000; at the period of the discovery of America it had diminished to $150,000; after that event it gradually increased, and in 1600 it attained to $9,000,000; in 1700, to $18,000,000; in 1800, to $38,000,000; in 1848, to $47,000,000; in 1863, to $63,000,000; and at the present time it is $114,000,000.

Silver, in performing the function of money, is of great antiquity. Asia was a commercial country when Europe was a wilderness; and as the East has not changed her habits since the remotest ages, silver alone is the money of that continent, inhabited by more than one-half of the human race, and among whom paper-money is unknown. The drachma was the principal silver coin among the Greeks, containing sixty-six grains of pure metal, worth about seventeen and a half cents. It furnished the type of the Roman denarius, containing fifty-eight grains of pure metal, worth about fifteen and a half cents. The silver mark was imported into England from Denmark by Alfred in A.D. 870; the penny was next issued in 1070; the groat in 1280; then came the shilling in 1503; and the crown made its appearance in 1607. The earliest silver coin issued in France was the livre, which appeared in 800, of the value of eighty cents. It steadily depreciated, until, in 1643, it was worth only sixty cents; it then, fell rapidly, until the epoch of the Revolution, when its value was only nineteen cents, and the franc took its place. The Henri was issued in 1012; the teston appeared in 1499; and the couronne followed in 1610. The first silver coin issued in the American colonies was in 1652, by Massachusetts, in the shape of pine-tree shillings; silver coins were also issued, at a later period, by the colony of Maryland. Silver half-dimes were issued by the United States in 1792; dimes appeared in 1793; and half-dollars in 1794.

Silver, in regard to coinage, has exchanged places with gold since 1848. Since 1726, to the present time, the silver coinage of the French mint has amounted to 7,500,000,000 francs, of which 4,000,000,000 has been issued since 1850; since 1664 the silver coinage of the Russian mint has amounted to 488,000,000 roubles, of which 188,000,000 has been issued since 1850; since 1792 the silver coinage of the United States mint has amounted to $325,968,571, of which $352,741,869 has been issued since 1850; since 1603, the silver coinage of the British mint has amounted to £40,000,000, of which £16,000,000 has been issued since 1850. The silver coinage of the United States, within the last decade, has amounted to $271,954,638.

Silver, since the commencement of the present century, has trebled its annual product, but its price has declined but twenty-two per cent. The causes of the depreciation of silver may be thus briefly stated:

1. The increased production of the metal; it having increased from $47,000,000 in 1848 to $114,000,000 at the present time.

2. "Council Drafts," or bills drawn by Great Britain upon India, have proved a most potent cause in the decline in the value of silver. The materials which the Indian railways, or the Indian governments require, in order to conduct business, have to be largely imported from England, and therefore, payments are largely liquidated in these bills, which now average $60,000,000 per annum, while formerly they did not average one-fifth of that sum. These bills supersede silver, and the effect is the same as though the silver mines had been equally increased. The export of silver to the East has decreased from $80,000,000 in 1847 to $20,000,000 in 1884.

3. The demonetization of silver, which has taken place in various countries. In 1865 Italy adopted unconvertible paper-money, its previous metallic currency, nearly all silver, having been about $90,000,000, Doubtless, nearly all this amount was thrown upon the markets of the world. But this produced no appreciable effect upon the price of silver, which remained as formerly (62 3-4d.) until 1872; after which it fell rapidly, reaching its lowest point in 1876, when it stood at 46 3-4d. During the same period $30,000,000 were also thrown upon the markets of the world by Germany, and $10,000,000 more by the Scandinavian kingdoms. These direct effects of the demonetization of silver down to 1876 did not of themselves, produce any appreciable effect upon its price, as undoubtedly its very low price in 1876 was greatly due to panic. In resuming specie payments in 1879 the United States adopted a gold standard; Italy resumed specie payments in gold on the twelfth day of April, 1883; and in Europe, the previous annual absorption of silver in the leading countries has entirely ceased. The Occident, led by England, is abandoning silver as money, thereby reducing it to a mere metal; and thus depriving it of the chief source of that value, which it has possessed since the beginning of civilized society. Germany has discarded silver, and adopted a single gold standard; so have the Scandinavian kingdoms; and France has closed her mint, since 1877, against silver, to avoid being deluged with the metal, discarded by her neighbors.

Silver, owing to the lesser amount in existence, and its less convenient portability, is fast being superseded by gold in monetary circles. Of the amount of the precious metals in existence, $8,166,000,000 are furnished by gold; and of their annual product $98,000,000 are furnished by it. The ratio of silver to gold has risen from fifteen and one-half, which it has maintained since 1700, to nineteen and one-half, at the present time, and with a still rising tendency. Owing to the great loss by abrasion of coin the amount of silver in existence has gained but little within the last forty-two years, it having increased but nine per cent, while that of gold has increased three hundred and thirteen per-cent. The price of the precious metals follow the great politico-economic law of supply and demand. Gold, owing to its great demand for international exchanges, has maintained its present price for the last one hundred and sixty years, while silver has declined twenty-two per cent. within thirteen. The prestige enjoyed for centuries, as the instrument and measure of commerce in all the civilized and trading parts of the world, and its normal currency, has been gradually lost since 1843, and will probably never be recovered by silver.

Возрастное ограничение:
0+
Дата выхода на Литрес:
01 декабря 2018
Объем:
150 стр. 1 иллюстрация
Правообладатель:
Public Domain
Формат скачивания:
epub, fb2, fb3, html, ios.epub, mobi, pdf, txt, zip

С этой книгой читают