OUR MINERAL RESERVES.
By George Otis Smith.
INTRODUCTION.
INVENTORY OE MINERAL RESOURCES.
The United States is not only the world’s greatest producer of
mineral wealth, but, so far as estimates of the earth’s treasures have
shown, it possesses greater reserves of most of the essential min
erals than any other nation. It is to our national mineral re
sources that the United States Geological Survey has given special
attention since its organization in 1879, for the congressional enact
ment creating the Survey specified as its duties “ the classification
of the public lands and examination of the geological structure,
mineral resources, and products of the national domain.”
Geologic investigations have been made with a view of determining
the mode of occurrence and the extent of distribution not only of
those minerals and rocks that possess present value, but also of those
that have only possible future utility, the nature of which may be
as yet neither known nor suspected. Thus a geologic map, in so
far as its scale permits, is a graphic inventory both of the mineral
resources now used and of those that are untouched because they
are at present of no value. He is indeed a bold prophet, however,
who pretends to forecast either the probability or improbability
°f future usefulness of any raw material. As has been illustrated
by the radium mineral carnotite, the minéralogie curiosity of one
decade may become the valuable ore of the next. The principal ore
of aluminum, bauxite, was not even mentioned in a list of useful
minerals published by the Geological Survey 25 years ago.
The Survey’s annual report entitled “Mineral Resources of the
United States” contains not only statistical statements of production
and consumption, which constitute an annual census of the mineral
industry in all its phases, but also a series of comprehensive studies
of the sources of mineral wealth, with estimates of the reserves to
be drawn upon for future production. The very nature of many
mineral resources precludes exact knowledge of the extent of their
reserves, and the estimates of other reserves must be made roughly
quantitative. At best, future supply and demand can be only ap
proximately measured, but the recognition of this limitation has not
discouraged the collection of all available information concerning
the country’s mineral resources.