YUKON VALLEY NEWS
Issued every Wednesday.
S. E. Hkktkk . Proprietor
Sam J. Callahan Manager
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CALENDAR
DECEMBER
Moons Phahks. First quarter, -si, 11111
moon. 11th; last quarter, 19ht; new moon,
25th.
JANUARY
5
’ 1 8
11 15
13
16
9 10 11 12
_I I _I
17 18 19 20
21
23
2ft >6 27
28 29
30 31
Moon’s Phaskn. First quarter, 2«1: full
moon. 10th; last quarter. 17th; new moon
24th.
Wkdnksday, January 3, 11KX>.
THE PROPOSED LICENSE TAX.
The Miners Association has taken the
first opportunity open to it to make
known its opposition to the projiosed
license in lieu of the humlreil dol
lars' worth of assessment work exacted
hv the present law. This i*ipor has
liearil of hut one miner in the precinct
who favors the change, and even he is
said to have doubts as to its practical
lienefits; so it may lx* said that the
miners here are all of one mind on the
subject. They have evidently consid
ered the proposition in its direct Is-aring
on mining and prospecting, and have
concluded that its influence would lie
bad.
The miner* are in a jumition l>e*t to
tin- matter from the viewpoint of
their own immediate interest*, ami it i*
unite *afe to ronrlwlr that, a* tuinera,
they have maile no mistake, l.-w-kimr
at it in it* hmn*le»t *e»*e, ami eon*i<ler
ing it* U-arintf on the future welfare of
thi* territory, it *eem* to u* that tln-ir
l* wit ion i* ahaolutely correct Vlu-k.i
ha* no rail to invite the federal govern
ment to levy Irihute on the |>r>*luevr»
ol the wealth that i* -loin* *i much lor
tin- pro*|a-rity of the I'niteil Stale*
,Itiat at tile pre*ent *tai|e o| affair* in
thi* territory \la*kan* *houhl la- jenl
.ai« ami-leeplv r-•merue,I when eomli
Mona are *>ughl to lw inipoavl tnat are
• title rent to tinaar •ainting in other tern
tone- ol the I'nitml Slate* .%• a plain
fact, not a single argument could be
brought to l>ear in favor of a miners’
license in Alaska that would not apply
with equal force to Arizona, or to any
other part of the United States proper.
There is a trend of events toward a
species of outlawry—a proprietorial con
trol—of this northernmost territory of
the United States. In the natural course
of tilings Alaska’s relation to the United
States will lie settled within the next
few years. In case the settlement
should prove to lie humiliating, or un
satisfactory in any way to such Amer
icans as have faken up residence here, it
would be no little satisfaction to reflect
that we were no party to our own un
doing. _
THE QUESTION OF THE TWENTY
DOLLAR GOLD PIECE.
A reader furnishes the figures given
below as evidence that there is really
and truly twenty dollars’ worth of gold
in a twenty-dollar gold piece (more
properly mentioned as a double eagle'.
Figures do not lie; hut nevertheless they
sometimes* lead us poor mortals into
grievous errors. Taking the figures as
given, it is admitted that they may
prove what the reader thinks they do.
But this paper contends that the predi
cate is wrong. Why is the value of pure
gold $20.67 per ounce? Is that its value?
If the I’nited States will pay $20.67
per ounce for pure gold then that is its
value, l>eeause it can lx* exchanged for
that many dollars and cents; hut in
such contingency a certain proportion
of the value is fictitious, because the
mint adds to it valuable metals and the
combined worth is only what the mint
pays for the pure gold. As a fact, how
ever, the mint does not pay that price
for gold. Extract the fine gold from
five double eagles and it will not bring
♦ 100 at the mint. Five mutilated double
eagles, with no portion missing, will
bring 1100 at the mint.
Following are the figures given by the
reader referred to:
Double eagle, weight - - 516 grains.
Coin value i>er gr., .0567506, or 120.00.
Troy ounce, 460 grains,
l’uregold value, |20.67 per ounce.
Coin gold value, $18.60 |>er ounce.
Coin gold value, i>er grain, .0687506.
Pure gold value, per grain, .04(1082.
The standard fineness of gold and sil
ver is one weight alloy to nine parts of
pure metal. The alloy for gold is silver
nreopper; alloy for silver is copper.
Silver dollar (legal tender) 420 grains.
Silver dollar (trade) - • 412S grains.
Coin value |»*r grain, 110260416, as
represented in silver coins. That is to
say, if silver were worth only 50 cents
per ounce the valuation |«-r grain given
<>n this coin would tie just one half, or
'*>130208 per grain.
Mr. and Mrs. Dundas.
NUnt K»i>|«rl will rfHwmlM
Mr ami >tr< I W Ihimla*. wIh> «|wnt
iwvvrwl >lwv« hrrr la*l ball <*liilv Mr.
Ihimlaa •«< >wt tm»inr«i nmnn'twl with
(hr .1 I ,w» hmila \ U*h* Mininy ami
| >rr.lyiny ih«k|«r« A IrtlM »*• rv
r*i«nl ihr' iiyh llw U«t mail fr.,«i Mr
iHimia*. •iwtanl Carla, III . W, V in
ahirk k* Irlkt a Kampwrt Irtrml hr will
>
NO BETTER COFFEE AT ANT PRICE
wnrorw^TcTmrrBirrimnr
50 cents
per pound
all
the
year
round
OOOOOOOOOOOOOOOOOOOOOOQ
nnrrinrrmrrBWjnfVTrBWinnr
Best value
for
the money
ever offered
in
the North
:
QOOOOQQOOQQ ft. Qfi
3
NORTHERN COMMERCIAL COMPANY, Sole Agents for Alaska
Highest Cash Prices
PAID for FURS
G. A. KETTERER
revisit Rampart and Fairbanks on the
opening of navigation. He adds that
Mrs. Dnndas is telling her friends that
they will make the trip over the Valdez
trail in March, hut that no one has
heard him say so. He and Mrs. Dnndas
were in Nome when the big fire oc
curred, and saw it from start to finish.
OLD HAN IS INSANE
Ugly Threats Led to His Arrest and
a Juy Pronounced Him
Insane.
Herman Creelman, an old man who
lias lived in Rampart for several years,
is liefore a jury in the commissioner’s
court this afternoon on a charge of in
sanity.
The evidence went to show that the
old man is laboring under the hallu
cination that i*‘ople are connecting his
name with crimes against nature at
period* in his past life.
It has been known for some time that
his mind was unlialanced, hut up to a
few days ago he was considered harm
less. Recently, however, he has lieen
heard to utter ugly threats against lair
til's whom he believed to lie plotting
agasnst him, and his arrest followed.
The old man is said to have lived in
the north many years, and an isolated
life prolwbly led to his derangement.
I.atkr.—The case went to the jury late
this evening ami lie was pronounced
fTIflicri
DEALER IN GENERAL MERCHANDISE
Lo«>M In R. A. T. A T. Co.'» NIMlif
Try tl* KLUMCE HAND tf Cmmi Fn*i mi Vegetates. lest
quality iw kra|hl la ike cmpi Sane prices is riMr knrii
Cm to
J. LINDLEY GREEN,
Lawyer.
Office at the Courthouse.
OFFICE OF
Commissioner and Recorder.
Rooms 1 and 2, Courthouse
nrrinnrririnrrinrrtrr^
’ The Florence Hotel
Bar Supplied with the Best
of Liquors and Clears
Billiard and Pool Parlors
Unexcelled
TON MARONEY _ JACK RADIGAN
Managvri
ZjlSLJULJUULlSULSLSLJLSUUlSUlJLajUULsZ
JULIUS RAHMSTORF,
General Merchandise
FULL LINE
HN. GRANITE AND CROCKERYWARE
lleeter'a an<l Smith A McHugh’*
Imiim will atart for the other aid-* of the
divide in the morning