g. TTirrmfrafitt: ~ •- v ■ t: - ■? ■
HE'S NO PIKER
****-»«*****«*«««
*
■¥ Barney Baruch is the New *
* York broker who handled the +
+ sale of Alaska-Juneau stock so *
* successfully last fall. He is *
* personally interested in Alas- *
-* ka mining companies and has *
* already helped raise millions *
•* for their development. He is *
* spoken of by those who know +
him as a man of his word in *
* the business world. *
* *
* + + + + -k-k******** +
WASHINGTON, Jan.* 14.—Why
should Barney Baruch, a Wall street
stock broker, contribute $.‘15,000 to
the Wdodrow Wilson campaign fund
in 1916? Why should Cleveland H.
Dodge, vice-president of Phelps,
^odge & Co., make an individual con
tribution of $79,000 to the same fund
in the same year? Both are wealthy
New Yorkers, but both contributed
far more than wealthier men contrib
uted to either fund, and Dodge achiev
ed the distinction of making the larg
est individual contribution ever made,
save that which he 'himself made to
the Woodrow Wilson fund of 1912,
when he gave a grand total of $85,
000.
Question Asked Repeatedly.
Why ?
That question has been asked many
times in congress and out. No satis
factory answer has been given. Dodge
will go down in history as the most
liberal contributor to campaign funds
in this country, especially if congress
passes the pending corrupt practices
act, which makes it unlawful for any
man to contribute more than $5000 in
future. Dodge, according to demo
cratic standards, was about 16 times
as generous as a man should be, while
Baruch was seven times as liberal as
he should have been.
But for the circulation of ugly re
ports, the excessive generosity of
| Messrs. Dodge and Baruch might be
attributed to an excess of enthusiasm,
but there seems to be an unquestion
able curiosity among republicans in
congress to know all about Mr. Dodge
and Mr. Baruch, and especially about
their relations with the Wilson admin
1 istration.
Baruch loomed on the horizon sud
i denly. Until he was reputed to be one
■ of the principal beneficiaries from the
“leak” he was little known outside of
New York City, but the prying off of
the lid has disclosed some interesting
facts.
The son of a dramatic and literary
! ciitic on one of the New York dailies,
; Barney Baruch is a striking example
j of the self-made man. He started his |
i career as a messenger in a New York
broker’s office, and has become the
! head of one of the successful brokerage
offices in New York City. He has made
! his fortune largely by Wall street
! speculation. He is a millionaire.
In the old days Baruch was a
' stand-pat republican, and numbers
among his old friends and former as
sociates such republicans as Murray
i Crane of Massachusetts, and Boise
Penrose of Pennsylvania. In 1912 he
abandoned the republican party and:
went over to the Wilson camp, con-!
tributing $10,000 to the democratic
campaign fund of that year.
Cash Not Limit of Affection.
When the campaign of 1916 opened I
Baruch made three contributions, the!
first of $10,000, then $16,000, and fin
ally another $10,000. But his cash
contributions did not mark the limit of
his affection for the democratic cause.
All through the last presidential cam
paign he was a daily visitor at demo
cratic national headquarters in New
York. He called, usually, in company
with Thomas L. Chadburn, Jr., one
of the most successful attorneys with
offices in the Wall street district and
the two soon became boon companions
of Vance McCormick, the democratic
national chairman. The three con
ferred daily.
Baruch, notwithstanding his means,
has never evinced any desire to repre
sent the United States at any foreign
court, and he has not asked for any
cabinet job at Washington. But he
was chosen by the president to be a
member of the council of national de
fense, and he is the only member of
that council whose presence cannot be
explained. On that council are men
who are military and naval experts;
men versed in commercial activities;
men whose training has equipped them
to contribute valuable information to
a body appointed to work out prob
lems bearing on preparedness, both
military and industrial. But why Ba
ruch? What does a Wall street brok
er—a lifelong stock dealer—know
about preparedness? In what way
has his calling fitted him to be of ser
vice on such a board?
About $H0,000 Cleaned Up.
It seems to have been established
that Baruch did profit at the time of
the “leak” which brought about the
pending congressional inquiry; it ap
pears that he did sell short, and clean
up some .■()'• CK'O more or less, abort
double what he contributed to the cam
paign fund, but, of course, he did not
get a tip from Washington. How
could he, or why should he be singled
out? Certainly not. Mr. Baruch is
merely a wise stock broker, and exer
cising again that instinct, or whatever
it may be, that enabled him in times
past to accumulate a fortune, he mere
ly applied his common sense and made
a clean-up.
So far as the congressional inquiry
is concerned, it is going to develop
nothing of substantial value. Con
gressional investigations invariably
fail to disclose salient facts. A com
mittee of congress is never able to
dig so deep as a grand jury, and it is
never able to find anything against a
man who has been generous to the
party in power. Even the men who
most loudly clamored for an investiga
tion into the note leak were about
ready to concede that they would get
nowhere.
Ammunition Inquiry Wails.
If the “leak” inquiry is permitted to
I
peter out, without results, there is lit
tle prospect that any progress Can be
made with the proposed congressional
investigation into the shipment of
aims and ammunition to Mexico. On
the other hand, if something substan
tial should bo disclosed in connection
with the ‘‘leak" the democrats of the
I
house will hardly dare stifle an in
quiry into the ammunition charges.
Public opinion has undoubtedly been
hostile to the democratic majority of
the house, not because- the public knew
what was what with regard to the
“leak” or with regard to the shipment
of munitions into Mexico, but because
the pien responsible for the house ac
I tion sought to stifle an investigation.
Ml SICALE ANT) DANCE.
The Scandinavian society will give
an entertainment Saturday, February
24, at 8:30 p. m., to which the public
is cordially invited.
Program.
Prolog.
Piano Duet—I.ustspiel Overture. . . .
. Kieler Bela
Song-“Nona,” ballade.
. Stephen Adams
Swedish folksong. ... Peterson Berger
i
Recitations.
Violin Potpourri-—Norwegian Folk
melodies . Grieg
Piano Duet—Spanish Dance.
. Moszkowski
The program will be followed by a
dance; lunch served. Admission:
Gentlemen $1.00; ladies free. 488
War News
Rumors and facts at Peterson’s. 444
ANNOUNCEMENT.
_
The auditorium of the Alaska La- :
bor Temple may be rented for social j
affairs and entertainment. Make your ;
bookings now at office in Labor Tern- '
pie.
Lost—My appetite until I had a
i meal at Cameron’s Cafe. 354
Fresh Ranch Eggs at the Mint. 472’
Lunches, sandwiches and coffee at
: the North Pole Bakery. 429
'
PETIT JURIES
VALDEZ, Feb. 7.—At 11 o’clock
this morning in the court room of the !
district court, the grand and petit
juries for the March term of court
were drawn by Clerk of the Court Ai
thur Lang amt Jury Commissioner
Charles Kraemer. The grand jury is
composed of 23 members and will be
called for March 8, while the petit
jury will consist of 24 members and
are called for March 14 The follow-;
ing were the names drawn:
Grand Jury—George Long, C. I’.
Toplifl', Pete Layton, 11. J. Harvey,
S. L. Carter of Valdez; J. 1L Reeves,
W. S. Newlan, George Scott, J. I).
MacCormac, Roy DeLeo, ('. II. Lam
fey, Wm. O’Laughin, C. C. Keener, of
Cordova; Claude Fisher, W. F. Ballin
ger, of Eyak; J. ,J. Campbell, G. A.
Mitchell, H. E. Ellsworth, Hugh
Dougherty, Nelson Steele, of Seward;
Nick Meckem, Cliff Mine; C. P. Haz
let, of Latouche, and J. S. Craig, of
Granby.
Petit Jury—William Egan, George
Tiffany, J. E. Wilson, U. G. Vogt and
George Madden, of Valdez; J. A. Nieo
lett, H. B. Walking, J. L. Smith, O. E.
Lambert, J. Lydick, G. C. Hannemann,
of Cordova; V. L. Wood, A. H. Tutt,
C. E. Whitney, A. H. McDonald, J. F.
Milford and Ross J. Kinney, of Sew-1
aid; Frank Porter, Victor Warner
and Hugh Gillis, of Latouche; Duncan
Little, of Roosevelt; J. J. Kenneally,
of Eyak; George Wagner, of Granite;
W. Welsh, of Allen.
—
Phone 43-Y for car, bay or night.
Wood and coal a specialty. Universal
Taxi and Transfer. P26
For a Solo game come to Peterson’s.
LEARN TO DANCE.
Latest Dauees Taught. Begin
ners given special attention. For ap
pointment call at third house from
C on 6th Ave.
WM. BUNTING,
BALL LEAGUE
JUNEAU — The suggestion has
again been made that Alaska might
have a baseball league of its own and
that division be pitted against division
in the finals for the championship of
the territory. The suggestion is made
this time by Glenn Carrington, the
former star pitcher for the Seward
team, who arrived in Juneau three
days ago. He believes that the com
bined teams of Anchorage and Seward
woulfl at least put up a light worth
seeing against the pick of this division
and he thinks Anchorage would be
more than pleased to have an oppor
tunity to join with the other railroad
terminal city to form a combination
for the effort. The railroad towns
have some rattling good men as was
shown when they played against each
other last summer. The teams of Val
dez and Cordova are not, perhaps, in
the same class, but a good man or two
can be found in all these towns to
strengthen weak spots. The players
of the Third suggested such a league
last year and, to say the least of it,
‘The Alaska League” would look fine.
Latest War News at Peterson’s. 3f)!»
Central Barber Shop j
Modem Equipment Throughout
New Sanitary Bathroom in
Connection.
417 4th Avenue.
Pioneer Sheet
Metal Works
YUKON STOVES
— AND —
| HEATERS
Corner Fifth and C Sts.
Anchorage - - Alaska
150 p r cent Advance in Mohawk Shares
ON MARCH FIRST
THE DIRECTORS OF THE MOHAWK COMPANY HAVE AUTHORIZED ME TO ADVANCE THE PRICE OF MOHAWK SHARES FROM 10 CENTS TO 25 CENTS A
SHARE ON MARCH 1st. ON ACCOUNT OF SHORT NOTICE, PARTIES LIVING IN THE STATES WILL BE ALLOWED 15 DAYS EXTRA AND ORDERS FOR STOCK
WILL BE FILLED IF MAILED ON OR BEFORE T HE 15th OF MARCH.
THE MOHAWK TUNNEL WAS SAMPLED A SHORT TIME AGO BY MR. C H. HOLMES, OF ANCHORAGE, A REPUTABLE MINING ENGINEER.
THE VEIN SHOWS A CONTINUOUS ORE SHOOT, FOR OVER 159 FT. IN LENGTH AND STILL RICH ORE IN THE BREAST OF THE TUNNEL AT A DEPTH
OF 500 FEET, AND THOUSANDS OF TONS IN SIGHT.
When I first placed the Mohawk Stock on the market in the mid
dle of November, I had nothing to back me up, not even an assay,
1 from the property.
All 1 had on which to base my calculations was what gold pan
ning 1 had done myself on the surface croppings of the vein; until
November 25th, when John Aho, one of the miners, came down from
the mine, and brought some samples of ore, which were assayed.
Then a few days before Christmas two of the directors of the
company went up to the mine and brought down more samples of ore.
Now, in my opinion, I was fully satisfied with the samples brought
down by these gentlemen, but all of them were interested parties.
Dozens of people, here in Anchorage, told me that they would
* buy some Mohawk stock, if they were sure that the assays were not
picked samples of the ore. So finally I persuaded the company to send
a disinterested party to sample the mine and they selected Mr. Holmes
to go to Willow creek to sample the vein in the tunnel.
Mr. Holmes took 28 samples across the vein, every five feet apart,
beginning 28 feet in from portal of the tunnel. This part was tim
bered, so on that account he was unable to sample same.
Following are Mr. Holmes’ assays, taken by number:
No. 1 .$ 5.06 .\c. 15 . 14. .-I
No. 2 . 22.49 No. 16 25.06 • j
No. 3 . 50.17 No. 17 8.93
No. 4 . 129.69 No. 18 10.11
No. 5 . 43.10 No. 19 26.20
No. 6 . 30.46 No. 20 19.25
No. 7 . 28.61 No. 21 16.19
No. 8 . 8.76 No. 22 21.85
No. 9 . 17.05 No. 23 21.62
No. 10 . 3.33 No. 24 26.45
No. 11 . 12.59 No. 25 23.41
No. 12 . 6.05 No. 26 22.57
No. 13 . 3.74 No. 27 50.08
; N... 14 . 8.10 No. 28 31.15
Ila> Examined Mines in \ii Parts of the World.
Mr. II. Holmes, ('. E. E. M., is a graduate of l rieburg, tier
many, ami also of Harvard and Vale. Was employi d as mining en
gineer by He Peers & Rhodes Mining company, and also exported
properties for Huckingham, He Beers & Co., .Syndicate, of London.
England, one of the largest mining syndicates in the world. During
that time he examined mines in South Africa, Dtdia, Russia, Peru,
Chile.
In the United States he has examined properties in Montana. Ida
ho, California, Oregon, Colorado, Arizona, Nevada and Alaska.
In Colorado he was one of the first mining engineers to make a
report on Stratton’s Independence mine of Cripple Creek.
The mine was later sold to an English syndicate for Sit,000,000.00.
He also reported on the Clark Copper Consolidated mine of Ari
zona.
Such is the record of the mining engineer who sampled the Mo
hawk tunnel, and says he believes that further explorations would
result in the discovery of important ore bodies.
These assays show beyond a question of doubt that we have the
making of one of the largest and richest mines in the Willow creek
gold camp.
Just think of it, a continuous ore shoot, already exposed for over
159 feet, and rich ore still in the breast of the tunnel. And a depth
on the ore body of 500 ft. at the breast.
Mr. Holmes says the assays will average 90 per cent gold and
10 per cent silver, and no other metal in paying quantities.
He further says that the geological horizon for several miles in
any direction from the Mohawk mine is composed of granite rocks,
alternating with grandiorite, and quartz diorite, and that the vein
system cuts the formations at right angles, and the veins occur as
fissure veins there are frequent porphyry intrusions through the ore,
and often several inches of talc, and kaolinite selvage on either wall.
The evidence given, therefore, points conclusively to a true fissure
origin of veins.
The slick and well-defined wall of the vein evidence extensive
plane faulting.
The strike of the vein, as determined in the tunnel is N. 22 de
grees W. and the dip is 41 degrees W. The elevation of the mine ia
3,185 feet above sea level.
40-Ton Mill to Be Installed by July 1st.
The manager of the Mohawk Mining company has authorized me
to state to the public that the 40-ton Mohawk mill will be installed,
and in operation, by July 1, 1917, or not later than August 1, 1917.
A 40-ton mill should grind out a lot of gold bullion daily. The
first seven assays taken in the tunnel show an average of $44.00 per
ton, for a distance of 35 feet This part of the vein I know is free
milling, as 1 panned some of the rock myself, given to me by Mr.
Holmes. In fact some of the richest ore panned over $100 per ton.
With such rich, free-milling gold ore, the possibility of the Mo
hawk, as a bullion producer may astonish the mining world.
Running the mill 24 hours per day, with ore milling $44.00 per
ton would be a gross daily output of $1,760 per day; that would nearly
equal the output of the Martin mill Best Run.
At any rate should the mill run successfully, in this grade of
ore, the Mohawk may produce over $50,000 per month.
I am now placing on the market 100,000 shares of Mohawk stock,
part of which will be offered for sale to the public at 10 cents per
share for a few days only. The price March 1st will be 25 cents a
share.
With all these assays taken by a reputable mining engineer, every
five feet on the ore shoot, proves conclusively that we have something
worth while to sell stock on._
Mohawk .-dock is cheaper today at 10 cents a share than it was a
month ago at 5 cents.
Over 57 feet more of ore has been opened up in the tunnel, and
the assays taken are conclusive proof that we have rich ore in the
mine.
Anyone who lias a $10.00 bill, may become a stockholder, and get
! 106 shares. Kverybody has this chance now. In a few days the stock
will cost 25 cents.
$10.00 Buvs . 100 Shares
$20.00 Buys . 200 Shares
$30.00 Buys . 200 Shares
$40.00 Buys . 400 Shares
$50.00 Buys . 500 Shares
$100.00 Buys . 1,000 Shares i
$500.00 Buys . 5,000 Shares
$1,000 Buys . 10,000 Shares
Now is the time to get some of this stock. Don’t delay, but come
and see me, at my office in the Campbell building, at 4th and F street, ;
or if you cannot spare the time to visit me now, write me a letter,
stating how many shares you wish to take, and enclose check, payable
to George Anderson, Fiscal Agent, or currency, to cover the amount
and I will have the stock issued to you in your name, and forward
same to you, by return mail.
A blue-print showing how the vein was sampled by the engi- ;
>eer, can be seen at my office.
GEORGE ANDERSON, Fiscal Acent, r* assa.