Jand, or the high divides. In the
Duncan Canal District there has
been considerable prospecting
along the beach and lower lev
els. Most of the island is a vir
gin country for the prospector.
It has every indication of a min
eral zone. This locality should
develop some good mines and
by reason of its accessibility and
mild climate, it should appeal
to the prospector.
x
Pulp
Canada’s great paper industry
is shot to pieces. In an effort
to find a solution of the crisis,
conferences are being held in
New York, Toronto and Montre
al.
In the meantime, the price of
newsprint has been slashed $5
a ton, and made retroactive to
January 1. Mills in Northern
Ontario and Quebec have closed
down, and hundreds of workers
are on the street.
The International Paper and
Power Company, a concern
which opposes any form of la
bor organization among its 15,
000 employees, and which some
years ago transferred its busi
ness from the United States to
Canada, seems to be mainly re
sponsible for the turmoil.
Scheme Has Blown up
The Canadian Newsprint In
stitute was formed to stabilize
production on an 80 per cent
basis. A number of companies
agreed to go along, but the In
ternational entered into a long
time contract with the Hearst
newspapers at a reduced cost
price, and now the stabilization
has blown up.
The governments of Ontario
and Ottawa are vitally interest
ed from many points of view.
For one thing they have leased
immense areas of timber lands
to the paper companies, and
union workers are urging that
these leases be cancelled unless
Hie mills are reopened.
Premier Taschereau of Que -
bec, in a public statement, an
swers the companies’ cry of pov
erty.
Is Profitable Industry
.“The paper, industry is. a
profitable one,” he said. “Last
year, four companies made a
profit of $18,000,000. The trouble
is over-capitalization. Stocks
have been split as high as 5 to
1, and the promoters are en
deavoring to pay dividends on
that water.”
There are rumors of an im
mense merger, and some ob
servers insist that the present
situation has been created by
oig financiers who want to pick
• in independent mills at bar
gain-counter prices. —LABOR,
Washington, D. C.
-x
FOR IMBECILES
-x
Members of the homeopathic
association, Chicago, in a reso
lution advocated painless sleep
to be administered to imbeciles
or to victims of incurable dis
eases.
All Kinds of Engraving and Watch and Jewelry Repairing
All Work Guaranteed at
Pruell’s Gift Shop
Ketchikan..Alaska
Charles Benjamin
HEADQUARTERS
FOR
Fishermen’s Supplies of ALL KINDS
Wrangell
Alaska
Canadian Fish & Cold Storage
Company, Ltd.
PRINCE HUBERT, B. C. CANADA
offer to the fishermen of Alaska the means of ob
taining highest prices for their halibut and sa'mon.
We have recently reconstructed our ice plant
and now produce only hard transparent ice which
preserves the fish one hundred per cent.
KARL IIANSEN
/wvvvwvvvw*:>v*.*«.«:«>
Is equipped to supply all the needs of fishermen at
reasonable prices.
Alaska Office
PORT ALEXANDER
Seattle Office:
3911 L. C. SMITH BUILDING