Yukon Valley News
Issued every Wednesday.
S. E. Heetkh.Proprietor
Sam J. Callahan. Manager
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CALENDAR
riiHKUAKI
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Moon’s Phases.
Last quarter, 5th;
new moon, 12th;
first qunretr, 19th ;
full moon, 27th.
Moon’s Phases.
Last quarter, 6th;
new moon, 13th;
first quarter, 22d;
full moon, 29th.
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i
Wkdnksday, March 6, 1907.
THE GUGGENHEIMS.
Very naturally there is much in the
newspajiers arul in the public mind of
the north, nowadays, concerning “The
Guggenheims.” “How much money
have they got, anyhow?” asked a man
tlie other day, after reading that their
intention is to add the control of trans
portation to Alaska and the Yukon ter
ritory to their conquests in the north.
The question would lie hard to an
swer, jierhaps even by themselves.
Early in 18!*!) Meyer Guggenheim and
his four sons organized the American
Smelting and Refining Company, with
a capital of a hundred million dollars,
which brought under one management
fourteen of the largest gold, silver, cop
per and lead mining corporations of the
United States and Mexico. The Gug
genheim Exploration Company, with a
capital of seventeen million dollars, was
also organized in 18!*!l. What connec
tion one of these concerns has with the
other is undefined. Anyway, it was
proposed (and may already have been
consummated) to amalgamate the De
troit-Yukon Mining Company and the
Canadian-Klondike Company (Detroit
concerns operating in the Klonilike)
with the Exploration company, ami to
bring under the merged companies ju
risdiction over everything of proved
.value in the big Canadian camp. The
Petroit-Viikmi and the Canadian-Klon
dike companies were considered big in
stitutions, e.vtgi *in a camp like the
Klondike. In the hi^ Alaskan railroail
enterprises, too, if tin- signs jsiint true,
the ttuggeuheims have increased their
strength hv alliance with other great
capitalists. So we take it that these
abrewd people will have no trouble in
tinaneing any enterprise thev may un
dertake.
Hulus two or three months ago the
Idefaulted on the seeoitd
puyment on a controlling interest in
Colstlt dkit. property, forfeiting there
l>v directly a million ami a half dollars
and there is no telling liow much
indirectly ; ami at that time some >f the
sitaiale mining paper* apparently he
jter cl they were )<ec<>noiig Irani up ami
were obliged to let go somewhere. In
the light of later events, no such a con
dition existed: there were very satisfac
tory reasons to themselves why the
Gttggenhcims should stand from under
at Cohalt.
There is no reason to believe that a
shortage of money will retard any rail
road or mining development by the
Guggenheims iu Alaska or on the Cana
dian side of the line. They are organ
izers of capital, and the means will he
forthcoming to put through any under
taking that is justified hv the conditions
and the promised reward.
FORT GIBBON
Home spirit and devotion to home
interests are generally considered com
mendable characteristics of citizenship;
therefore there ij no particular fault to
find with Fairbanks people for trying
to have the army post moved from Fort
Gibbon to their camp.
Nevertheless, it is sincerely hoped the
change will not he effected. Outside of
the signal service branch, the only way
in which the army benefits this country
is bv what money it puts in circulation
here and possibly by reports of officers
now and then on certain problems of
engineering, like the improvement of
navigation or the construction of a
bridge over the Yukon. Soldiers are not
needed as protection against foes from
without or within. It is certainly not
to the liest interests of the territory as a
whole for the government to expend all
its money in the populous centers and
thus help to confine business ami resi
lience to narrow bounds. At present
Tanana is a thriving little town: if it
were picked up bodily and set down in
Fairbanks it would l>e swallowed up like
a pebble dropped into a [mol and leave
no sign; and its former site would
leave but a mark of retrogression.
Centers of population change rapidly
in a country like this. There is a large
field to the northward, northeastward
and northwestward of Tanana that in
half a dozen years might outstrip Fair
banks if a lucky strike should lie made,
and the very fact that a large reserve
stock of provisions is always at Tanana
is assurance of safety in ease of short
age anywhere within striking distance.
The army [wist is at the right place
now, and we hope it will remain there.
It is claimed there n il! Ik- work for
no>r<- mon than ran Ik- hail in the
Tanana tin- coming snimm-r at ♦»> a day
ami Imard. Will imnielHMly put this
llrntly to tin- In >un ruble Frank H.
Wuskey, so that tu- may avoid danger
of an attiu k of In-art failnro through a
midden siwsk while In- is yet weak from
Ilia heart-to-heart contact with the
fan non'’
Falcon JimtfM is •• xin Fair*
hanks mom to arrange |..r the Work of
tin- various »a tense aia o| tin- Tanana
Mines Kailway system just as «a>n as
the material esn Is. lakl down in the
«|>rina. lie has got the money.
Chas. A. Traeger,
Hats, Clothing
and Furnishings.
\ Complete Line
New Ladies’ Goods,
Flannels, Blankets,
| Gents’ Furnishings.
II. J. RODEN,
Attorney at Law,
Fairbanks, Alaska.
A. B. NOTICE.
Regular meetings of the Arctic Brother
hood Lodge are held at their hail on the
second and fourth Fridays of each mouth at
8 o’clock p. m.
W. W. CROCKETT.
JULIUS RAHMSTORF, Arctic Chief
Arctic Recorder.
(1 nr Uni I OI>e (^ose PtOPIC Who1
AuL I UU seldom write home?
They will know you are all right il you
send them the YUKON VALLEY NEWS.
Mail yours or let us send one weekly
)
site purs
Paid for
JULIUS RAHMSTORF.
Notice of Final Settlement.
Iii the matter of the Estate of I
JOHN E. HUHN, Deceased.*
OURSUANT to an order of the Probate
* Court for Unmpart Precinct, Third Di
vision of the Territory of Alaska, Notice is
hereby given that J. H. Hudgin has tiled with
said court his final statement as administra
tor of said estate, and that the 26th day of
April, 1907. has been set by said court to hear
objections to said final statement, said hear
ing to be held in the court house at Ram
part. and all persons having objections to
offer are notified to be and appear before
the court um! interpose said objections at
that time.
That a cony of this notice lie printed in the
Yukon Valley News for six consecutive
weeks, the first insertion to appear in the
issue of February 20. 1907,
Dated this ISth day of February, 1907.
J. LINDLEY GREEN,
Commissioner and ex officio 4udge
of the Probate Court.
Notice of Final Settlement of the
Estate of E. D. Mlnard, Deceased
In the matter of the Estate of {
E. I). Ml SARD. Deceased. I
|>L*RSCANT to an order of the Probate
* Court for the Territory of Alaska. Third
Division. Rampart Precinct. Notice is hereby
given, that Horace W. Boucher has filed his
final statement of the above named estate,
and that Friday. April 26. 1907. is set b> the
court to hear any objections to said final
statement or the closing of said estate: and
and all jierson* having objections to *nid
final statement or to the settlement of said
estate are notified to um»ear in the probate
court in Rampart on said day and then and
there interpose their objections.
It is further ordered that this notice be
printed in the Yukon Valley News for six
consecutive weeks, the first insertion a|>
liearing Wednesday. February 21*. 19**7.
Dated this 19th day of February. 11**7.
.1. I.INIH.BY GREEN.
Commissioner and ex officio Judge
of the Probate Court.
To Whom It May Concern:
\l.l. tint* check* nr ttnlrn rmerlnir lab* r
or oippliM n*e«l on or in connection w ith
the minM in nhieh »hr iiinlrr*i|rne«i ha* any
iMermt will not huiHtrwl nnle** counter -
oitfiiMi hjr A- V. Thorn* it ml prrafMlnl nt Hot
Si.rinir* Trwluuf l*o*t for |»»>nt«*nt \ler
«*h<tnt*. trader* *»ml other* arc hrrfht noth
ti^.l not t.. i miK then* limn •» lutipl} cheek*
t ti VI % N I.K. Y
Hy Hm K Mum.
I ¥ I’m lr Snin ifi%*** Caro * mail <rr«
vlrt> »!»•* *Mt^clti u» r«*vi|>r«* att* l»y altowiittf
hix U*v* lltr |*»i\*t r* »»h «‘nr turn
fW«**rvtnt 4'n tln r
nmnrmnr
*3
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