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Updated: June 14, 2025
Not only is the living population enormously reduced, but the areas that were accustomed to entomb and preserve organisms the lake and shore deposits are also greatly reduced. The frames of animals and plants now rot on the dry ground on which they live. Even in the seas, where life must have been much reduced by the general disturbance of conditions, the record is poor.
If one of these submarine forest beds should be gradually depressed and covered up by new deposits, it would present just the same characters as an under-clay of the coal, if the Sigillaria and Lepidodendron of the ancient world were substituted for the oak, or the beech, of our own times.
Reuchlin was a Hebrew scholar. He had written a Hebrew grammar, and was learned in the Old Testament, as well as in the Talmud, and other deposits of the ancient lore of the rabbis. The Emperor referred Pfefferkorn's request to Reuchlin for his opinion.
In order to facilitate the trade in bullion, the bank has been for these many years in the practice of giving credit in its books, upon deposits of gold and silver bullion. This credit is generally about five per cent. below the mint price of such bullion.
The fine material has not been thoroughly winnowed from the coarse by the long action of strong waves and tides. The sands and clays have undergone little more sorting than is done by rivers. We must regard the Chemung sandstones as deposits made at the mouths of swift, turbid rivers in such great amount that they could be little sorted and distributed by waves.
Most of us, I suspect, are Gallios, "who care for none of these things," being of opinion that, true or fictitious, they have made no practical difference to the earth, during the period of which a record is preserved in stratified deposits. The accusation that we have been running counter to the principles of natural philosophy, therefore, is devoid of foundation.
No doubt it had in the old days been roughly accurate, but now the tongue of sand was wider than it had been by nearly a hundred years of sand deposits washed up by the tide. Both on the map and the spit a salient feature was the grove of palms that stood on the hill just beyond the neck of the peninsula. Here plainly was the starting point of our quest.
The Rio Grande produces more water in a twelvemonth than the great Murray River of Australia, which is flooded at certain seasons and is a "dry run" at others. As we have intimated, the absence of available wood and coal will prevent the growth of manufactures in Mexico, at least, until the coal deposits are opened up by railroads.
The attitude of the Government toward these proposals should be one of generosity. But I do not favor the granting of a bonus. The cost of coal has become unbearably high. It places a great burden on our industrial and domestic life. The public welfare requires a reduction in the price of fuel. With the enormous deposits in existence, failure of supply ought not to be tolerated.
To prevent the latter it seems to me that one great step would be taken by prohibiting the national banks from paying interest on deposits, by requiring them to hold their reserves in their own vaults, and by forcing them into resumption, though it would only be in legal-tender notes. For this purpose I would suggest the establishment of clearing houses for your consideration.
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