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THE
tHomc Daily Nugget
an independent newspapef
Published daily except Sunday by
[NOML PUBLISHING CO.
E. C. DIVINE
UEO. S. MAYNARD
Sole Owners and Publishers
CHAS. SANDFORD, Editor.
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NUGGET MINING AND DREDGINC
MAGAZINE,
Ussutd Annually In October.)
Price per copy.Ml
Price per copy, mailed.
Kates lor advertising space In an)
of tne above publications will be mad<
known on application.
PHONE MAIN 46.
hollered us second-class matter Feb,
26. iko;. at the Postofflce at Nome,
Alaska, under the Act of Congrees ul
Vatvn S. 1X78.
Copy for regular advertisement!
must be is by 10 o'clock on tbe day ol
publication.
City Official Paper
NOME, ALASKA, SEPT. 4, 1915.
After consideration of the situation,
one cannot hut coincide with the view
of the President that peace through
mediation id at the present lime not
only almost impossible but also emin
ently undesirable. From every point
of view it would appear that there can
be but one satisfactory conclusion, both
for the present and future, and this Is
through the complete overthrow of one
side or the other. To force an unwil
ling peace on even one or two of the
belligerents means nothing less than
that the struggle will he resumed at
some future time with even greater in
tensity and with an attendant devas
tation and loss of life of far greater
volume than at present. One or two ot
the contending nations might be willing
to listen to peace terms at the present
time but that they would all willingly
lay down their arms at the solloitatlor
of the neutral powers cannot he be
lieved. In the cuse of Germany nni
Austria there might be a willingness t<
quit the deadly struggle provided tha
they could hold the conquered territory
as a partial recompense for the lossei
they have sustained. Also they coulc
retire from the mighty conflict wltl
some show of honor as up to the pre
sent time they are practically the vie
tors. p.ut, that such an eventuality
would be agreeable to the allied nation!
cannot be thought of. Germany is it
possesson of a large portion of thi
most valuable territory of France, thou
sands of square miles of the most fer
tile and populous sections of Russia art
In the hands of the invading Austro
German armies and Relglum. that inosi
heroic little nation of them all, is ai
yet unredeemed. With these facts lr
view it is hardly probable that either
France or Belgium would wish to cease
until they had recovered their former
possessions or severe defeat made it
impossible to continue and the same
applies to Russia who would not wil
lingly forego the desire to recover what
she has lost. England alone would be
the only one of the quadruple entente
| who would have little to recover. That
I nation could retire with lew losses
i other than lives and money vvtiich, in
asmuch as they are a necessary sacrifce
of war. can in no sense be looked upon
in the same light as lost territory, Thus
it appears that Englanu alone would be
tile only entente nation which might be
inclined to accept a mediatory peace
Britain, however, is tne best prepared
of all nations to stand the terrific econ
omic drain and, having suffered com
paratively little as yet, would probably
be the least inclined of an> to accept
peace until she is driven to the last re
source. Another active feature against
an early settlement lies in the fact that
the fight has now become more or less
of a “grudge" war. Considerations ot
policy have been largely forgotten hi
the desire to punish the other fellow for
supposed grievances foreign to the
origlonal issues. Have hatred has en
tered the struggle and added a new
animus. “Uolt strake England" and
"Kemember Louvain" have become as
much a factor in the struggle as the
original policies which first led the na
tions to blows. It Is no longer soleb
a struggle for dominant power us in
1 the beginning. Each and every one ol
the nations holds the enemy to blame
tor theawTuI results which have follow
1 eu the resort to arms and tne desire to
1 punish nun for toe woe anu horror he
nos wrought hue become one of the
1 predominating motives to continue,
iv itn hate aild desire for revenge add
ing an incentive it is probable that even
Germany would not willingly discon
tinue until the hated English should bt
humbled lo Hie dust, it it is possible
to accomplish that result. With France
anu Kussiu the same consideration ob
tains; Germany must be punished for
wnat they believ e to ue her snare in
starting the war and for the woe she
nas brought on Belgium. Even in the
event tnat Germany would be willing to
return the captured territory to iu
original owners there would still remain
that powerful hate to furnish a further
cause lor struggle; If hot iu the present
then in the future. We cannot believe
that any of the nations will be Inclined
to cult, despite the staggering losses,
the ghastly horror o^it all, until such
time as their strength glows too feeble
to strike an effective blow.
GOLD STORES.
The actual umouut of gold now held
by the leading government banka la
unquestionably large. In the week
ending July 14 the Bank of France re
ported gold to the amount of $797,
000.000, as compared with $828,000,000
last August, but some $125,000,000 In
excess of the amount in August, 1913.
It has been estimated that about $600,
000,000 remain in the possession of the
people, who began hoarding in the
Moroccan crisis in 1911. The Bank of
Germany now holds gold to the amount
of about $600,000,000 which includes the
war fund of $60,000,000, for years kept
in the castle of Spandau. The gold
reserve of the Bank of England now
amount to about $265,000,000. The
Bank of Russia holds gold to the
i amount of nearly $900,000,000. The
i Austro-Hungarian finances are obscure
since the government bank has pub
lished no balances since the war began
i None of these European gold reserve?
I however, equals that in the United
i States treasury, which is well over $1,
000,000,000.
In the European countries at war the
conservation and increase of the gold
i supplies are sought because gold is the
basis of the paper money in circulation
■ and in all of the countries the paper
currency systems are becoming tremen
dously inflated. Germany has notes in
1 circulation amounting to more than $1
000,000,000, a sum more than half as
large again as the paper in circulation
a year ago. The French paper money
in circulation has doubled within the
past year, and the Bank of England’s
note shave Increased so much that the
ratio of reserve to liability ha3 sunk
from 52*4 a year ago to 1T% per cent.
The Bank of France is now authorized
by law to issue notes to the limit of
$3,000,000,000, and when the war started
it had only $1,336,000,000 in circulation.
—Springfield Republican.
-1-—
NEW SHU’S FOR OUR NAVY.
Work on butuesuips No. 41 aiul No.
42, which have been named me Missis
sippi and ihe Idaho, is being hastened,
according to a statement ol the bureau
of consli uction and repair of the navy,
tins statement shows that the Missis
sippi, now building at the plant of the
Newport News Shipbudding Company
is 23.4 per cent completed, while the
Idaho, at the yard of the New York
Shipbuilding Company lg 32.1 per cent,
completed. Here is the statement;
Battleships— k
Nevada.94.2
Oklahoma.96.6
Pennsylvania.,.81.6
Arizona.66.8
Mississippi .23.4
Idaho.32.1
Destroyers—
Winslow.96.9
Cshing.98.1
Ericsson.99.5
Tucker.76.3
Conyngham.89.3
Porter.72.5
Wadsworth.97.8
Jacob Jones.80.7
Wain wright.80.2
Destroyer tenders—
Melville.96.7
Submarine tenders—
Bushnell.91.6
Fuel Ship—
Maumee.94.4
Miscellaneous—
Supply ship No. 1.16.1
Transport No. 1.16.3
Submarines—
G-2.89-7
G-3.88.6
L-1.98.3
T,-2.98.4
L-3.92.7
L-t.91.9
T.-5.72.6
L-6.63.4
1,-7.61.7
L-8.38.7
L-9.73.1
1,-10.71.0
1,-11 .62.6
M-l .78.8
NT-4.‘.24.7
N-6.24.1
N-6... ..28.6
N-7...23 4
DOWN IN THE MORNING.
I'm coming down in the morning with a
tale upon my tongue
Of boundless leagues of blossom in the
land where life is young.
Coming down the morning
with a rose to help you see
The green lanes of the country
Where the heart of time is free.
I greet you with a posey from the
vines of old content
Where the gifts of sunny nature to the
trusting heart is sent.
Greet you with a posey
That the fairies saw me take
To bring to town this morning
For the sweltering city’s sake.
I’m coming down town the morning on
the first car up the line.
To bring a song of blossoms on the
honeysuckle vine.
Coming down the morning
With a hail, well met, to you,
Who’ll know me by the music
That is fresh from dells of dew.
—Baltimore Sun.
WE CAN OO IT.
For first clas* work and prompt do
livery phone Main 151 and the People’s
Steam Laundry will call and get your
laundry.
W. J. WILLIAMSON. Prop..
Mining Edition of Nome Nugget. ROc
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side world? Subscribe now, $2.00 per
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o’clock.
We print everything and anything
'n job printing iin- at th- Nugget.
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Our Smaller
sized dredges
with buckets
from 1'/2 foot
capacity to 5
.foot capacity,
lead all others.
W« design,
build, Install
ii and operate for
a period of 30
days.
Dredges de
signed and
built to suit
conditions
under which
they are to
operate
Double Flume, Screen Conveyor, Type of American Gold Dredge.
Manufacturer
>f light powor
frills capable
>f sinking 6 in.
loles 50 feet
deep.
Our special
iesign fin0 gold
laving devices
installed on
Iredges of the
flumo type.
Write for
prices and
particulars
AMERICAN DREDOE BUILDIN8 A CONSTRUCTION COMPANY
503-504 PIONEER BLDG. B. BERNARD, Manager SEATTLE, WASH
i WALLINGFORD DREAM
Dear fchr.- -Knowing that you arc in
terested in tile fur business 1 lake the
liberty of presenting to you, with what
seems to be a most wonderful bushiest,
proposition, and winch, no doubt you
will lake a lively interest in, and pel
naps wire us the amount of stock that
you wish to subscribe towards the lor
niation of this company.
The object of tills company is to
operate a large cat ranch in or near
Cheyenne, Wyo., where land cun be
purchased for this purpose. •
To start with, we collect, say about
one hundred thousand (100,000) cats.
Cach cat will average twelve (12) kit
tens per year. The skins run from ten
cents each for the white ones to sev
enty-live for the pure black ones. This
will give us twelve million (12,000,000)
skins for a year, to sell on an average
of thirty cents each, making our re
venue, about ten thousand ($10,000)
dollars a day.
We will feed the cats on rats, and
will start a rat ranch next door. The
rats will multiply four times as fast as
the eats. Therefore if we start with
one million rats, we will have "four
rats a day for each cat, which is
plenty.
Now we will feed the rats on the
carcasses of the cats from which the
skin has been taken, giving each rat a
fourth of a cat.
It will thus lie seen that the business
will be self-sustaining and automatic
ill the way through. The cats will eat
the rats, and the rats will eat the
rats, and we will get the skins.
Awaiting your prompt reply, and
trusting you will appreciate the oppor
tunity that I give you. and that you
will grasp same and get rich quick. 1
am,
Respectfully,
O. R. Q. WALLINGFORD,
Rlchburg, Pa
The Nugge. will print >'our station
ery at reasonable price* on shor'
ootie*.
AT THE NEW EAGLE.
Old Lewis Hunter Rye and the Fa
■nous Atherton Bourbon whiskeys, Die
tilled spring 1904-1905, bought in bond
md reduced to 90 per cent, by U. 8
government by the bot*U «r gallon
DREAM IHEATf'
SATURDAY NIGHT
Thrilling Feature
Three aPrts.
SHIPWRECKED IN ICEBERGS.
Roarihg Comedy
REBECCA’S WEDDING DAY.
SUNDAY NIGHT
Comedy
KEYSTONE.
Civil War Picture.
WHEN LINCOLN PAID.
2 Reels
Educational
PATHE WEEKLY.
MRS. LA CLERQ, Pianist.
ADM. 25c *
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| W. J. ROWE |
; TRANSFER AND FREIGHTING
4 *
* Dealer in all kinds of Lumber
Hay and Grain
* Horses For Sale;;
} , <
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I Board of Trade {
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A Resort for Gentlemen j \
t Largest BifCiard and PeoC Room in ClfasAa. f
^ •WWWWWWWVW\ A
| KUSS DOWNING, rROD X
Established June 1900
Alaska Banking i
Sale Deposit Company
AUTHORIZED CAPITAL ....$125,000
PAID UP CAPITAL. 50.000
A General Banking Business Tran
sacted.
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1BUTLER-MAUR08C01
i i 1
! Chas. W. Reed
! Machinist ft Blacksmith
■ ■ --—--—
Oasotine Engines, Hoists
Boilers, Pipe and Pipe
‘ Fittings
j No. 5 Front St.
Miners & Merchants
Bank of Alaska
NOAte. ALASKA
Capital - - $100,000
Gold Dust Purchased
and Assayed
I BOARD of TRADE I j.
Restaurant jj
and ; |
LUNCH COUNTER j j
F. A. Daniels, Prop. |
fTliCo’s |!
Cafe
i • „:
OPEN DAY AND NIGHT. ,,
i > ! !
i ■ _
<i i ,
;; Next Door to Pacific Cold ! ’
• ■ Storage Harket !
CHEAP JOHN STORE I
«f th...,„n,0„. w. 1,„ , J;11 “• * "Mil rth « I
Cheap Johne clothing all pen p,nt• ‘hat will taka your I
/ «- Oeratan I
I L. SE1DENVERQ, Prop. I
z**ZzE************^^i;
t MOONLIGHT WATER t
i '-owX;t^r.n,:LA:aska !
t ,2bUCkeU,or*'OOor«aoL~^ l
I A.D.POTEET i
PHONE red 126 +
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