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(Horn* Daily IHuggct
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bole Owners and Publishers
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NUGGET MINING AND DREDGING
MAGAZINE,
Ussutd Annually In October.)
Price per copy.60c
Price per copy, mailed.66c
Kales for advertising apaoe In any
of the above publication* wlW be made
known on application.
PHONE MAIN 46.
Wintered as gecond-cla»* matter Feb
16. 19(1!, at the Po*tofllce at Nome.
Alaska under the Act of Congress of
March 3. 1878.
Copy for regular advertisements
musi be in by 10 o’clock on the day of
publication. ,
_
City Official Paper
NOME, ALASKA, OCTOBER 29, 1916.
" "- •-*----■ - i
Seems like we must always be bor- I
rowing trouble of one sort or another, t
Promptly with the announcement that c
the great influx of foreign gold is con- i
siderably greater than the government 1
assay oflloe at New York can handle,
the speculative geniuses who air their t
opinions through the columns of the i
press, start a discussion as to whether i
or not the golden torrent so suddenly i
poured Into the country Is going to |
result in a depreciation of the value of (
that metal. Many of these writers |
profess to see a very dark outlook In
this respect and vaguely suggest that ,
with the continuance of the vast war
orders we will see the purchasing
value of the eagle drop away below
average. In other woi ds they profess
to believe that so much gold will be
dumped in on us from the war be
lcagured nations that there will be a
glut In the market; we will have so
much gold on hand that It will lose
its present value. Talk of this char
acter is the veriest nonsense In lac*
of the fact that there has been no
actual change in the gold market of
the world. There has been merely a
transfer of the gold values from one
section of the earth to another and.
while this movement is far greater
than ever before it can in no degree
result in bringing about a condition
which will cause a lessening of the
intrinsic value of the metal. Gold will
be no less in demand than formerly
because of that movement and as long
as tlie same demand continues to exist
there will be no lessening of the value.
It requires other and more vital causes
to bring about a lowering of the gold
values than the mere transfer of a
large portion of the world’s gold to one
particular locality. Commodities such
as gold do not become cheap unless
there is an over production—a produc
tion greater than the demand and this
result can hardly follow any transfer
of the metal, no matter how large It
may be, as long as the supply Is limit
ed. We might corner all the gold In
Europe but that would have little or
no tendency to cause a lowering of the j
value in this country because of the •
fact that the shorter the European sup-1
ply the greater would be the demand on
that side of the water. As the world
has adopted gold as the standard of
exchange, Europe would be compelled
to look to us for the replenishment
of Its depleted supply—for the where
withal to pay the debts to the rest of
the world -and this would probably
result In a decided rise In the value.
At any rate there would be a suffi
cient demand to prevent any tendency
to lower the value of the metal. Gold
will probably never drop below its
present value as a medium of exchange
unless there should be such an immense
Uuuniily produced that it would ex
ceed the world's demands so there is
little in the present situation to give
us any cause for worry.
What may be the underlying reason
for the announcement from Japan that,
in conformity with a previously con
ceived resolution, no respresentatlves
of the Christian religion will be invited
I to attend the coronation of the Japan
ese emperor is not cleurly seen but at
any rate it furnishes a somewhat un
usual cause for surmise. Also it is
suggestive that the officials of the
mikado's realm are not particularly
Jesirous of encouraging the cultivation
of Christianity in their own little king
dom. Perhaps the Japs have taken
the view that Christianity is
not what we, who are born
and raised in its beliefs think
it to be. Perhaps they have taken to
heart the examples that Christianity
uus furnished them in the last year
or two of what a kindly bencficient in
lluence it has spread through the world,
in the matter of brotherly love, and
kindness for one another, in nearly two
thousand years of unrepressed propa
gation. Perhaps they see in the great
Christian war for lust andpolf a good
and sufficient reason for not wanting
to adopt the form of belief of nations
that can encourage such things. And
we surely can’t blame her. Not that
Christianity can be in the least degree
blamed for the horrors that are being
wrought but rather that the Japanese,
unable to segregate our teachings
from our acts, have come to look upon
>ur beliefs as hardly compatible with
3tir activities and so have grown to
view the teachings by which we pro- ,
fess to order our lives as hardy de
sirable in that they appear no better
than their own. AH this is, of course,
mere conjecture and the little brown
men may have an entirely different
reason for not wishing to extend an
Invitation to the representatives of
Christianity but at the same time it
furnishes us with a new field of spee
eualtlon in that it comes from a so- j
called heathen nation.
—
Seward and teh new town of An
chorage are now connected by*, a tele*
phone line which was recently Install
ed by the engineering commission.
A. Sprague, of Warrington, Ore., will
shortly establish a clam packing estab
lishment at Hinchlnbrook, where an !
immense bed of high grade clams have
recently been discovered.
The marshal’s sale of the Alaska
Treasure mines near Juneau, brought
three hundred and seventy thouand
dollars. The purchaser was E. S. Hei- 1
ler.
I - '
The powder house of the Granite
• .
mine at Hobo bay in the Fort Wells 1
district was destroyed by an explosion 1
recently which rocked the country for !
idles around, and created all the sen- 1
nations of an earthquake, The house 1
contained a ton and one-half of powder '
when the explosion occurred. The ex
I
plosion could not have been an acci
dent, and it is felt that it was deliber
ately accomplished by a discharged
employe out of pique.
Juneau is to have a country club
if the plans recently started by sev-j
eral prominent citizens of that place j
do not fail to materialize, flans aro
being drawn for the establishment
near the Mendenhall glacier of a mod- 1
ern country club building with an eight 1
hole golf course und a tennis court.
—
Tne question as to what should be
the name for the new town of An- I
choruge was submitted to a popular j
vote recently. A total of over four I
hundred votes were cast, Alaska City
securing the endorsement of 146 people,
Lane 129. Anchorage 101, Mutunuska
54, Ship Creek 48, Wlnlaska, 18, Gate
way 10, Homestead 9.
Kecently there was captured in liet
ta Inlet, near Saulzer, a large suntish,
estimated to have weighed one ton.
This is rather remarkable as the man
fish belongs in southern climes and
this specimen must have been a long
way out of his course. It is probable
t hat it was carried nortli by the strong
currents.
.Mrs. ltuth S. Scott, a saleslady in the
Frederick & Nelson store, Seattle, who
drowned herself in Lake Washington
recently at one time lived in Nome.
She was the widow of a Nome miner.
In a statement to the King county
coroner Clifford Wiley, a Seattle con
tractor, in whose charge the dead wo
man left her affairs, assigned her act
to despondency.
This has been a good season for the
whalers at Akulan. The total catch by
the steamers Kodiak and Unimak for
the season includes 217 whales, which
yielded 8,000 burrels of oil, says a Sew
ard paper. C. E. Stead, a stationary
engineer, and six employes of the sta
tion arrived on the Santa Ana en route
to Seattle. They have a rather uncom
plimentary story to tell about sanitary
conditions and the treatment of em- |
ployeg at Akutan and declare that ow
ing to the fact that two congressmen
are among the stockholders in the com
pany, one revenue cutter has acted in !
the roll of tender to the ssalon. Prob- j
ably the most unusual statement made
by Stead Is that the skipper of the |
whaling steamer Kodiak told his men
that K. H. Kirkland, an ex-preacher,
who manages the company, issued tin
order against swearing, and that any
man overheurd swearing would lip
placed under arrest on the next trip of
the whaler to Kodiak. Stead says that
he was discharged by the manager, but
that tlie others quit. It seems, accord
ing to the men, impossible to handle
whales without swearing.
I
Chief Forester Graves is moled as
declaring that his department would
work out some practical plan by which
timber on the coast of Alaska could
be used for paper manufacturing
plants.
This is good news. Whether right or
wrong, it is claimed that a big pros
pective pulp mill enterprise in the
vicinity of Sitka went by the boards
hecuuse they could secure no assist
ance from the forest department re
gaining a supply of material.
Along the coast of Alaska are thou
sands of natural water falls for fur
nishing power for pulp mills. Many of
these tumble Into bays easily reached
by steamers of any size. The neighbor
ing islands or mainland are covered
with a growth of timber, for the most
part, fit for no other use. At the pres
ent time these extensive scrub timber
tracts harbor only wolves and other
wild game. By establishing pulp mill
Industries settlements would be started,
which would serve as a headhuntters
for miners and prospectors and for
farmer and other Industries and thus
portion of the wildland wo lid be re
claimed and made to support homes, in
place of the things of the wild. Mr.
Graves has n great opportunity to be
the pioneer In aiding great Industrial
development along the coast of Alaska.
Christmas greeting*- Lomen Bros.
i
DELIVERIES READY:
I
The 1915 edition of the Nugget Min- ‘
Ing and Uredging magazine is now ‘
reudy for delivery. The present num- i
her is by far the most interesting that ,
lias yet been issued and is particu
larly designed to furnish information to
those who are seeking a fuller knowl
edge of Seward Peninsula and its re
1, .urces. Practically everything of in
terest within the Coniines of the terri
tory is described in a clear and com
prehensive manner from mining and
dredge operations to the characteristic
features of the life and amusements
of the people. A must interesting fea
ture is the complete story of tho Stef
ansson expedition front the start to the
present. Including the story of the
Karluk and the rescue of the surviv
i rs from lonely Wrangell island. Other
interesting articles are those relating to
the fclskinto, the ilora and fauna and
tne early history of exploration in Be
ting sea and western Arctic waters.
The magazine is profusely illustrated
and will furnish most interesting read
ing to those who have a desire to learn
more concerning this section and its
industries, resources and possibilities.
On sale at all book stores and news j
stands. Price 50 cents per copy; $5 ,
per dozen. Mailed to any address for j
tice cents .additional. Leave orders for ;
mailed copies at the ofiice.
Trunks, suit cases, graniteware,
crockery, hardware at Holt's.
Send a Nugget Mining and Dredging j
magazine to your friends in the states
and help to advertise the country. 50c
per copy, $5 a dozen.
Don’t forget the big special sale at
Holt’s Cash Sto'e.
NEW Year greeting. Lomen Bros.
j MODEL BMERT ||
! Ring’s Home ;
1 Bakery and
( * * I
Lunch Room
Horn# Mad# Bread and Pastery.
J Bread 10c loaf; 3 for 25c.
2 ¥
igggggggggassggM j
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'hi—■—"» ———
mm THEATRE
TONIGHT.
SPECIAL VITAGRAPPH.
FEATURE.
I
Lost in
Mid=Ocean
i
Thrilling Tale of Adventures in
Aemrican and Japan.
3 Parts.
Comedy
Famous George Ade Fable
THE BUSY BUUSINESS MAN
AND THE DROPPER’S-IN.
MRS. LA CLERQ, Pianist.
ADM. 25c
Our Smaller Manufacturer
sized dredges of light power
with buckets drills capable
from V/t foot of sinking 6 In.
capacity to 5 holes 60 fast
.foot capacity. daap.
lead all others.
W* daai»"’ Our special
build, Install . . e
design fine 9°,d
and operate for Mv|ng device.
• period of 30 installed Qn
daya* fredges of the
* Dredges de- flume type.
signed snd
built to suit -
conditions
under which Writ« f°r
they sre to prices and
operate particulars
AMERICAN DREDGE BUILDING & CONSTRUCTION COMPANY
503-504 PIONEER BLDG. B, BERN ARC1. Mawna®* SEATTLE, WA3H
| W. J. ROWE j
| TRANSFER AND FREIGHTING
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Dealer in all kinds of Lumber
I hay and Grain !
t Horses For Sale j
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j Hoard of Trade |
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A Resoit for Gentlemen $
t rifui tanjest Bittiard and Root Room in CUasfta 1
^ KUSS DOWNING, 1 KOI ^
Established June 1900
Alaska Banking anti
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PAID UP CAPITAL. 50,000
A General Banking Busineaa Tran
sacted.
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| BUTLER-NAURO S GO 1
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Machinist 6 Blacksmith
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Pitting.*
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CHEAP JOHN STORE
TRUNKS & SUIT CASES
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* ARCTIC SPRINGS WATER *
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