Yukon Valley News
Issued every Wednesday.
b. K. IlKHTlik.I’roprietor
fc.\M J. Callahan.Manager
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fj >; one month 75 cents.
Vo\'i;.< ■ isin<;. frausient advertisements, ft
per inch for hrst insertion and 50 cents for each
s.ibsequent insertion. Contract advertisements,
to run more than three months, per month:
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s»lx inches, j'S.50; professional cards, eight lines
spac$2. Religions and funeral nonces free.
'1 .clve solid lines small type make an inch.
An. ertisemetits changed w it hunt charge.
EXCHANGES IN THE STATES
Are requested to pay second class postage
from Nov. 1 to June 1.
WEDNJCSDA Y, OCT. 12, 1904.
WHERE IS THE GOLD?
The Seattle Times says it is esti
mated that of all the gold that has
been produced sine the discovery
of America nearly cue-half has been
produced since 1873, when tire
world movement began to make it
the sole slandaid ol values in ihe
commerce of natii 11s. Mote gold
has been produced since 1891 than
during the entire tinc-e centuries
that preceded 1800. Ihe gold on
hand in 1873 was estimated at
5i,2co,c< o,oco, and mi ce then the
production has am noted to nearly
$4,000,000,000.
Since Ame:lea was discovered
the amount of gold produced in the
world reaches the enormous aggre
gate of almost $11,000,000,000.
Where are the $11,000,000,000 of
gold '.hat the world has produced
during the la,-4 tour centuries?
Even in 1492, when Columbus was
pleading at the couit of Isabella for
funds with which to c<iuip the fleet
to sail to the Indies, some of those
old monarchies must have had gold
stored away somewhere for it was
an important factor as tar hack as
the days of Solomon and the great
ness ot the Persian Emj ire. Where
is it all ?
The Wall Street Journal says that
tile estimated world’s st< ck of gold
hand at the present time is
$5.5 >0,000,000, and tl at produc
tion since i.S6o amounts to $6,000,
ooo,( 00. That is, the gold pro
duced during the last forty years
more than accounts lor all the gold
i n hand at the present time. What
lias become of that mined t>«tore
1 d6o ?
The Ne v Yore Comm rn.il su^
KtVs that a coraideraMe portion of
tae mi'sttig gold can he recounted
t r by the art consumption that ha*
l>eeii steadily going on The .imount
• I gold used in the ludustite*» during
the year » placed at $73.J*4.
oia which, the Commercial «avs.
was about i\ per cent of the pro
duct mu Accepting tils percentage
aa a h * *■ I c.i'.i tali'1101 it would
appear that. II the total production
ol gold uiht i pMViwIie.t^uws'
on>, ihe proportion that went into
the arte amt Mwlriei w** |j.t| ,•
um>.oHu
Tite balance time left, which
»hv»ulrl Ippear m the World* ptee
ent stock of gold, would be $8,238,
ooo.ooo. As a matter of fact, the
stock on hand should appear to be
much larger than this, for no refer
ence is made to the supply produced
previous to 1492. But, ignoring all
the gold produced previous to the
discovery of America and accepting
$2,738,000,000 as the amount that
1 id not find its way into the arts,
and remembering that the stock on
hand amounts to only $5,500,000,
000, the question is, “What has be
come of the $2,738,000,000 ot which
there is not the slightest trace?”
Undoubtedly much of the gold
thus included has been lost during
the four centuries that have inter
vened since 1492. Ships have been
wrecked with vast treasures of gold
on board, but the theory is ad
vanced that the bulk of this treas
ure is hidden away as a reserve,
'l'his is the opinion of Prof. James
Laurence Laughliu, who thinks it
is held “by the great financial I
houses in Europe and by many
other private bankers, the character
of whose business does not require
them to make public their specie j
holdings.”
EDITORIAL ROTES.
Frank What.i.y, a well-known Kov.
ukuk prospector, is sai«l to possess a
reindeer with remarkable get-there i
qualities.
A sim.i.k mesquite sctd planted in
Honolulu in 1837 has spread until in the
Hawaiian Islands theie are 50,000 acres
of the famous shrub of the alkali plains
of the American southwest
I RUSH moose tracks were recently
seen within a mile of Chena, reports the
Herald Nothing strange about that: a
moose finding itself near an Alaska
nnnins' camp nowadays has just got to
"make tracks.”
A I'ROTKST has been made in New
York against the payment of a 25 per
i -nt.ad valorem duty on radium, on the
ground that it is not a chemical coin
pound, but as a crude mineral should be
admitted bee. The consignment over
which the protest was made is valued at
f 1 000 and weighs only n few grains.
An Ft gl.sh inventor has replaced the
ordinary grooving of a rifle barrel with
lines of ‘•mail ball hearings, along which
the hard steel projectile slips. The in.
senior claims that he gets 40 jn-r cent.
gr< atrr avt rage velocity, penetration and
range than can be obtained with the
same weight of projectile and charge
from guns made on the oM system.
KH'imtS to pOlllKt iTH'IH H*tWt-rtt
Uorwa amt avl.raa, wliuh haw torn in
prngr*a» tor n arly nt(ht ymr*. h.n*
finally ktimtt <iunuful,>nil aaMirancv*
■ft Kt«t-n that ihr mw rrnm. ilylnt Ikr
I "IfWlta," wilt W tUr touting annual (or
all trauapnrt work now pvrfnrmrit Hr
niiilv* A yr nmirnt anim.il ilraltr ol
HamHurv iVormaiiv hit arriveit at th*
wnfkt'a fair in ,11 lamia with • ft nr col
tvi l>oii »l tin "avHruKta" amt »a. h*u»
»,.«u lir • <•( |Hc irfoa Ilw opportunity
ta Ihm irf-.r.U.i tooprn up Ikt now ta*l«a
trv of , r*>>it>n • aohruiaa." whwlk tn
rlnitwr.1 to Hi nrnrn Hvantt&il, qwiikrr.
haniai of Iwaf ami p«rf|lh Utorv «a
ill ' than tbo »W «tjk At —non mwl«
I Ho mum at aUtihuU* of tha now Wn*«
arv not tfnwmatol upon
Judgk.s of courts of high or low degree
are seldom at a loss for ‘'good reasons”
to sustain their judgments; and Magis
trate Pool in New York proved himself
no exception when he decided that a
negro who tried to cut another with a
razor in a saloon was innocent of disor
derly conduct. Saloons being required
by luw to be orderly places, the magis
trate held that "a man can not be disor
derly in a saloon;” if the negro, with a
razor in good order, in attempting to cut
another negro, likewise in good order,
created a scene of disorder, it was clearly
the saloon and not the negro that was
disorderly, contrary to the law in such
cases made and provided.—Last week
some thief stole two fat mallard ducks
from Julius Rahmstorf’s place in Ram
part. Mr. Ralimstorf is respectfully cau
tioned against permitting such lawless
acts on his premises.
A radium clock constructed by Harri
son Martindale, of England, according to
the Scientific American, comprises a
small tube in which is placed a minute
quantity of radium supported in an ex
hausted glass vessel by a quartz rod. To
the lower end of this wonderful little
tube, which is colored violet with the ac
tion of the radium, an electroscope formed
by two long leaves or strips of silver is
attached. A charge of electricity in
which there are no beta rays is transmit
ted through the activity of the radium
into the leaves, and the latter thereby ex
pand until they touch the sides of the
vessel, connected to earth by wires,
which instantly conduct the electric
charge, and the leaves fall together.
This simple operation is repeated inces
santly every two minutes until the ra
dium is exhausted, which in this instance
it is computed will occupy thirty thou
sand years.
SKATING ALL OFF
SINCE FRIDAY
For a week preceding last Friday
the young people enjoyed the
smooth ice on the lake a shoit dis
tance above town. During the
pleasant afternoons and evenings
was heard the click of skates and
merry laugh of skaters; and bon
fires and easy chairs made it pleas
ant for those who wished to look on.
Saturday enterprising people has
tened to clear away the covering of
snow which fell Friday night; but
it was no use the soft weather
caused the ice to become tlooded.
and the sport is off. at Uast for the
present. _
VICTIM OK I HONK
I!-. OIT A('. A IN
Mike McGoiigb, suffering from
alcoholism, was given a few dajrt in
which to recuperate in the local
skookum hulls* hist week
tie wait turned >>ut Sunday, con
siderably improved but still »o»lc
wliat the worse tor wear No
cbarite had teen preferred against
him. but he was merely given ac
commialatK i because there a.u> no
other place >t refuse
S I-. fleeter yesterday contra, ted
tn deliver a b n of supplies to Cap
U dll a ms and (Have I-anther on
On ad creek The viHialgument will
go out tomorrow
GKOKGK A. SALISBURY,
Attorney and Counsellor,
Rampart, Alaska
LOUIS K. PRATT,
Attorney at Law,
Fairbanks, Alaska
J. LINIILKY URKKN-,
Lawyer.
Office at the Courthouse.
OFFICE OF
Commissioner and Recorder
Rooms i and 2, Courthouse
THE
HEETER
TANANA, ALASKA
S. E. HEETER, ED FERGUSON,
PROPRIETOR MANAGER
FIRST-CLASS
Wines, Liquors and Cigars
Leaves for Glen Every
Five Days.
Freighting and Packing
To find From All
tlie Creeks.
Good Teams. Good Service
0. M. MCQL'ESTRN
KF.ADY FOR
KISH OKDKRS
DRV WOOD and FREIGHTS
1
LITTLE LADY
GOES IX STATE
Mr. and Mrs. James Langford
have moved from Little Minook to
No. 7 (Juail creek.
In u letter to friends Mrs. Lang
ford said little Lydia, their .>-month
old daughter, was taken over in a
potato crate strapped to her father's
hack, and seemed to enjoy the novel
experience.
ICE IN I A NAN A
m NS OI'T At;A IN
It is reported that carriers with a
Consignment of mail limiiul down
the Tanans liver called ont for
assistance and were helped ashore
hy the signal service men at Cosna.
twenty five miles from the month,
last hTiilav night The rivet was
in lining t«U wi ice.
Monday the river was mhI n*
have (lea rest