Seward Weekly Gateway
V((I 1V_ Si:\VAKI>, ALASKA7sATr-.M)AY. NOVKM1IKK HM>7._SO. 15
SI 50,000,000 BOND
ISSUE AOTHORIZED
Government Takes Measures to Place Securi
ties on Market to Help Tide Over Pres
ent Financial Crisis-Fifty Mil
lions Panama Canal Paper
Will Be Offered.
3y Cable to TUe Dally Gateway.
Washington, t ■> Nov. IS I lie
financial condition throughout the
entire country has become so alann
iuu'. and financial institutions so
pressed for ready money that 1’resi
dent llooseveit decided yestetday to
issue bonds to tin* amount of one hun
dred and fifty million dollars to pro
vide currency to tide over the presen;
crisis. The order for the new circu
lation eu s for the issuance of fifty
million thirty year two per cent Pana
ma canal Ponds, and one hundred mill
ion one year interest hearing govern
ment bonds.
Bond Issue In Popular Favor
Washington. !>. C.. Nov. lb Tele
grams are being received from all
parts of the country by President
Koosevelt congratulating him for or
dering the issuance of $l")0,(t00,(^H) new
bonds of the government to relieve
the money stringency throughout the
country.
No Special Message on Currency
W ashington D. C., Nov. -0 Presi
dent Koosevelt will not send a special
message to congress on the contem
plated new currency law as the mat
ter will be fully covered in his annual
message.
FINANCIERS GET
DESERVED ROAST
Secretary Cortelyou Says Finan
cial Institutions Are Holding
up tiovernment Aid.
By Cftbl* to Tbe Dally Gateway.
Sew York. Nol. 21 Secretary of th<
Treasure. (Jeorjye H. T ortelyou is out
with a bijr roast for a number of bank
ing houses in this city atui ,
The Secretary claims that several ti
nancial institutions the government j
has been helping by placing larsre
slims of money with them, are keeping
this money and their own hoarded;
away to build up thei- own cash re
serves. The government may with
draw ali uepo'i’s from those banks
that are unfair in this matter.
MURETANIA MAKES SWIFT
RUN CARRYING MUCHJ50LD
NVw Nov. 2.‘5 The steamship j
Ma uvtatoa arrived here tin* morning'
from <v>u* riMown but severe storms j
prevented her from making t> record:
trip. She brought twelve and a half
million dollars in ifold.
- (iood Reports From Kuskokwim
( aptain Frank Worth of the steamer
Nunivak. who has arrived in Nome
from the Kuskikwim. stales that Pete
McGrath and his partners took out
5U ounces of dust from a bench claim
near s above on (lane creek in two
weeds' work recently.
He heard a rumor of a rich strike on
the Uolitna j«"t bo fort leaving tin1 dis
trict. Sept ember 2".
He has been {dying with his boat on
the Kuskokwim all summer and will j
go to Washington this fall to ask the j
government to make a survey at the
mouth of the Kuskokwim with a view j
to having a channel for steamboats lo
cated.
He has the greatest possible oonfi*!
denee in the future of the country, and j
says that the streams running from
tho two ranges of mountains surround
ing tin ’'alley are most promising in
the goal-bearing line.
The skeleton of a huge pre-glacial
animal will be exhibited at the Alaska i
Yukon-Pacific exposition. Fourteen]
cases of the mammoth are now in
Vancouver l>. ('. The skeleton, which
is complete, was found on Moresby
Island, one of the Queen ( harolotte
group, According to the discoverere
the animal must have stood thirty-five
feet in height.
TO CONFER WITH
GOVERNORS
President Will Discuss With Heads
of States Means to Conserve
Natural Resources.
By Cable to The Daily gateway.
Washington, l>. Nov. Is l’resi
dent Roosevelt this morning sent an
invitation to the governors of all the
>tates and territories to meet him in
this city May Uth. The invitation is
for a three days conference and discus
sion a> to the best method in which to
conserve and protect the natural re
sources of the country.
HOGGATT WILL
FIGHT BACK
Governor Will Oppose Home Rule
and Railroad Subsidy in W ash
ington This Winter.
ay Cable to The Dally Gateway.
Seattle. Nov. 22- Returning elder
gates from the Alaska republican con
vention at Juneau state that Governor
lloggatt is so wrathy over the action
of the convention that lie will take his
tight to Washington thi> winter and
will block territorial government and
head off all legislation for any railroad
subsidies.
THE LAUNCH B!NA HAS
HARD TRIP FROM SELDOVIA
Launch Hina. Capt. Sheftier, arrived
Monday night from Seldovia after
a rough trip, bringing from there A.
F. McCullum and Duke Harris, who
started for the Matanuska coal fields,
A. J. Adams of Valdez, wno went to
Knglish bay to survey the W'horf coal
lands, and Dick Smith, a projector.
The Hina left here the Sth inst. for
Seldovia to bring back Mr. McCullum
and Duke Harris, who were marooned
there and unable to get to the coal
fields or return, and was three days
going. encountering much bad
weather. The boat laid at Seldovia
waiting for good weather and left
there for Seward on the loth.
The town of Fairbanks has three
banks, carrying deposits aggregating
$;*,o00 ooo.
FAVORS GREAT
CENTRAL BANK
J. P. Morgan Confers With Pres
ident With View to Relieve
Financial Stress.
By Cable to The Dally Gateway.
Washington, IX (Nov. 22 J. I'ier
pont Morgan arrived here last night
from New York and had a long inter
view with President Roosevelt and
Secretary of the Treasury Oortelyou
| in regal d to4he present financial pan
j ic. Re left the White House shortly
j before midnight and in an interview
| said he believed the Administration
| was in favor of the establishment of a
| great central government bank. He
I also said that he believed that the
i relief funds furnished by the govern
ment to various hanks and financial
institutions had not bemi handled for
the real interest of the country but
! to holster up and pntect their own
' cash reserves and resources.
NEW QUARTZ FIND WILL RUN
HIGH IN SILVER AND COPPER
••Idaho Hill” said this morning that
I lu* and his partner had staked some
| new quartz locations east of Cape
Resurrection and he thinks that the
lore will run high in noth silver and
copper. For six weeks they have been
prospecting new ground and working
their large ledge they located last sum
mer. They have been sinking a shaft
on the old property and the ore gets
! better as depth is reached. They
brought some good looking ore up
with them and will have it assayed.
Hill is a good quartz miner and he
beliefs Hint the cou .ci\v en.r of Capo
Resurrection will prove to lie better
than any property in Prince William
sound. All it needs h«* says is devel
opment work. Miles of the country
east of the point is highly mineral
ized and some day will be a great
mining district.
W. R. Leitzke, more familiariv
known as "Idaho Hill." and his part
ner. H. Orseth. returned early this
morning in a small boat from their
copper property east of Cape Resur
tection. The hoys made several un
suecessfel attempts to get here, and
in one trial lost their large boat with
their blacksmith outfit and various
other things. They report the weather
as being very severe, the titles and
surf being exceptionally high.
WILD INDIAN AT KNIK TRIES
TO KILL U. S. COMMISSIONER
Sam S. Kramer arrived here lasT
nigh over the trail from Knik with one
lieldic, a native, accused of insanity.
A few days ago at Knik this native
felt he had a grievance agains Judge
John Goodell the United States com
missioner at that place and took sever
al shots with a rifle at the building in
which the judge has his office. Fortu
nately none of the bullets took any ef
fect except on the logs of which the
building is constructed.
Hill Dick, as he is usually known has
been mentally unbalanced for several
years and was at one time in the jail
here for three months charged with
insanity. However with good care he
became so much better that he was
discharged and sent back to Knik.
About a year ago lie was taken bad
again and had all the natives at Knik
hoodoed. Judge Goodell took him in
charge and has been keeping him
about the jail and office taking good
care of him, thinking that he was not
dangerous enough to send to the
asylum. However, when the wild
eyed native took it into his head a few
days ago to practice with a 30-30 on
the igloo in which the jovial dispenser
of justice had domiciled himself for
the winter, he thought the joke was
going too far, and sent him here to be
examined for his sanity as there was
no physician at Knik to pass upon the
mental condition of the accused.
At the investigation held this morn
ing before Judge Hewlett the jury de
clared the prisoner insane and he was
ordered committed to the asylum at
Mt. Tabor, Oregon.
CALE VISITS
THE PRESIDENT
Alaska Delegate Arrives in Capi
tal and Makes Formal Call
at Executive Mansion.
| DISCUSSES NEEDS OF TERRITORY
Annual Message to Congress Will
Recommend Home Rule
Legislation.
By Cable to Tlio Dally Gateway.
Washington, 1>. C.. Nov. 20 Dele
! gate Thomas ('ale of Alaska arrived
here yesterday, and called on Presi
dent Koosevelt today. Mr. ('ale and
i the president talked for some time on
needed legislation for Alaska and the
president said that he would recomend
J territorial government for Alaska in
1 hi* message to congiess.
President will Fake Vacation
Washington, I). Nov. 20—The
I president will take a short vacation
| commencing November 20th.
I
—
W ar Secretary Well Received and
Travels Over Siberian Road
With In-penal Guard.
By Cable to The Dally Gateway.
* Vladivostock, Nov. IS—Secretary
Win. H. Taft arrived here at noon
yesterday and was met by the Governor
of the district and high military oftiici
cials and is being royally entertained.
Me will leave Tuesday morning over
the Siberian Railroad for St. Peters
burg. and will lie accompanied by a
company of the Imperial troops as a
! guard of honor.
I
TO INVESTIGATE
BRIBERY CHARGE
Attempt to Bribe President of
American federation of
Labor fails.
Ey Cnble to The Dally Gateway.
Norfolk, Va., 21—Samuel J. Gom
pers, president of the American Fed
eration of Labor, says that an attempt
was made recenly by members of the
National Association of Manufacturers
to bribe him if lie would desist in his
prosecution of the association for
j boycott. The matter is to be investi
i uated.
_
STEAMER YUCATAN FAILS
IN MISSION TO SELDOVIA
Steamer Yucatan arrived in port at
8:30 a. m„ Tuesday, from Seldovia and
sailed for Seattle at 11 o'clock.
The Yucatan went to Seldovia to
relieve a dismantled barkentine of a
cargo of salt semi-cured salmon but
failed in her mission for the reason
I that there was no tug there to bring
j the bark to the steamer, and the bark
| could not be approached by a large
boat where she lay. It was expected
to find the Bina there and have her
tow the barkentine out.
Will Carry Sunrise-Hope flail
Mr. Nate White lias received a sub
contract from Antone Hide for carrying
the Sunrise and Hope mail this winter.
Mr. White arrived here yesterday to
make the necessary arrangements for
his winters work.
GUGGENHEIMS IN
FULL CONTROL
Northwestern and Alaska Steam
ship Companies Combine
Under One Head.
PEABODY GENERAL MANAGER
Contemplate Making Many Changes
in Minor Officials and Agents
Ail Down the Line.
By Cable to The Dally Gateway.
Seattle, Nov. 20- As predicted in these
dispatches a week ayo, the report is
j now confirmed from New York that,
j the Alaska Steamship Company has
i been sold to the Northwestern Com*
! panv. The new Guj'genheim-Morj'an
syndicate lias complete control of the
Northwestern Company which includes
jthe Northwestern SteamshipCompany,
the Northwestern Commercial Com
pany, the Northwestern Fisheries
(Company and the Alaska Steamship
I Company. Charles I’eahody will be
general manager of the new company
i and there will l*c a complete reorjran
I i/.ation of the companies, change of
I management in officers, ajfents and
i steamboat officials.
EARTHQUAKE
; SHAKES ITALY
Tfi* Province or Cdidbria VUltU
by Heavy Tremor and Peo
ple Panic Stricken.
By Cable to The Dally Gateway
Rome. Italy. Nov. It* The province
j of Calabria, in southern Italy, was visi
j ted by a severe earthquake yesterday
and great damage was done, An area
of over live hundred square miles was
effected and the town of Regio in the
midst of the earthquake district was
destroyed and many lives lost. The
people are panic stricken and rushing
in all directions for safety.
GUGGENHEIMS WILL HAVE
BIG LOBBY IN WASHINGTON
Washington, I). C'. That the Gug
genheim* are planning upon grabbing
up every industry and as much of the
mining ground in Alaska and the
northland as they can get their hands
on is quite evident from numerous
facts which have leaked out from time
time.
What can’t he grabbed up by their
representatives in the north will be
I bought in other methods on the out
I side. There will probably be more
I Alaskan bills introduced into congress
during the coming session than during
any other two sessions in past years.
The Guggenheims are preparing to
be represented in the lobby rooms by
an immense body of men who will do
all in their power to prevent any leg
islation for Alaska which will work to
the detriment of their large corporate
interests or will result in home rule,
It is understood that a number ol
prominent Alaskans have been en
gaged by the great trust to look
after their interests, it being realized
that men acquainted with the condi
tions ol the country could lend greater
assitance than any others.—Nome Pio
neer Press.
The Treadwell mines on Douglass
island have paid dividends aggrega
ting $10,714,581, or over $3,200,000
more than the price paid to Russia by
the United States for the whole of
Alaska. The Output for these mines
alone in 1900 amounted to $3,040,000.
The average value of the ore is from
$1.19 to $3.21 to the ton. The divi
dends for the current year will be six
teen per cent although the company
has beeu handicapped during the past
summer for lack of labor.