WANT TO BORROW II BILLION
DOLLARS WITHOUT COLLATERAL
Now York, Sept. 14—The joint
Anglo-French financial commission,
■which arrived In this city on Sat
urday £or the purpose oif negotiat
ing a loan for the allies, yesterday
established headquarters in the fin
ancial distr'ct Their proposal to
borrow one billion dollars with
out "epositing collateral security is
a novel and startling proposition to
the bankers of this city, through
■whom ther hope to negotiate the
loan. The money, if borrowed,
will remain in the United States
for the purposo of liquidating the
balances owed *Xew York banks
of Loadon and Paa-is.
American bankers have been urg
ing for several -weeks that Great
Britain should float such a loan
in the United States. It is said
that many New York bankers will
urge that Cauada be requested to
join Great Britain and France in
pledgirg the bonds. It is stated
that Canada's credit is better in
the United States than that of any
foreign CPULtry, and that her sig
nature to the bonds will insure a
ready market for them among the
American people, hasten their ab
sorption by the masses, and thus j
relieve the banks of the necessity 1
of carrying them beyond a VOTy
short time.
It Is further urged that the
flotation of a British loan, in this
country would do more to stimu
late business than anything else
that could take place just now, and
' that such a loan, especially if it
had Canadian endorsement, would
be quickly taken up l>y investors,
and remov» the danger that Ameri
can securities owned in Europe
would be forced onto the American
inaiket in such quantities that they
' couH not be cared for easily with
; out a break and that it would make
the holders of similar securities in
this couutrv free to engage in new
enterprises and to improve old
ones, which would create additional
home markets for manufactured
goods.
James J. Hill arrived in this city
yesterday for the purpose of par
ticipating in the deal, and will
insist upon the loans being made.
It is believed that he will favor the
larger loan. Mr. Hill hurriedly
left St. Paul, accompanied by M. It
Brown, his confidential secretary.
He will lay before the New York
meetiug data showing that if the
loan is no' made commerce will be
paralyzed and America's surplus
erCDS will be- useless.
ALASKA NOW HAS
REAL COAL Ml
Seward Gateway: Captain J. A.
Herbert, who came in oil the Santa
Aua l:«t night ami who was the first
man to secure a lease of coal
lands from the government in Al
aska, has already taken out more
than thre« tnousand tons from his
leased oropertv at Bluff Point,
twelve mile» from Seldovia. The
output Has been sold to Anchorage,
steamers, the canneries and will
soon be cn sale in Sowa-rd. The
coal is lignite and the engineer of
the Panama steamer Sinaloa, which
tested *t aiid bought 107 tons, said
it was about the finest coal he
•rer us--d for steaming purposes.
The ve;ns crop out from a bluff
right over the beach and a tunnel
has been driven 3i>0 fe*t iuto the
solid coa! so that 'n future the sort
of coal taken out will be fare bet
ter than tne coal from tho sur
face The government at Anchor
age has used a large quantity and
is so well X)leased that the steamer
Tyonic is continuing to haul it every
day to the new railroad city. The
mine has a capacity of forty tons
daily hu4' this capacity can easily I
be increased and Captain Herbert
(Continued on page 4 )
FLAMES OX SAXTAXXA
HAVE UEEX E.VTI X CJ1* I SHED
New York, Sept. 14—The French :
st amer Santanna, which was re- i
proted yesterday to be afire at sea, '
was announced at a later hour
to be 9t>0 miles southeast of Hall
fax, N. S., with the flames ex
tinguished and on the way to the
Azores under her own steanii
LATER
New York, Sept. 14—A bomb j
tua* was shipped from here on (
beard the French steamer Sant- l
aona is believed to have been the £
cause of the fire on that vessel. 2
MILLINERY
OUR NEW FALL LINE NOW ON DISPLAY
CONSISTS OF
Ladies and Misses Trimmed and
Untrimmed Hats
Frames. Bandeaus, Hat Wire,
Trimming, Etc.
we believe we have the most up to the minute
line of Millinery ever shown in Skagway
PRICES VERY REASONABLE
Our New Sample and Style Book for Fall & Winter, Just Received
WE TAKE YOUK MEASURE FOR
SUITS, DRESSES, SKIRTS, COATS
IPit and Workmanship Guaranteed,
Look us over and you will be suited
H. J. LYNCH
Up-to-date Haberdasher
and Ladies' Furnisher
Broadway between Third and Fourth Phone 41
A POLITICAL CRISIS OF GREAT
MAGNITUDE IS NOW PENDING
London, Sept. 14—A political
crisis of great magnitude is now
thought to be pending in Great
Britain as it is believed that the
cabinet as it Is at present constitut
ed cannot carry out the scheme of
compulsory national service.
A German aeroplane last night
dropped bombs along the Kentish
shore and newspapers of England
are urging that an air raid be made
upon Germany by the British la re
taliation. There were no casual
tics reported. As a result of the
recent Zeppelin raids on Eng
land there have since been oyer
a thousand recruits enlisted In the
various stationa open fOT that
purpose in this" city. Fifty thous
and men joined the allied colors
last week in England, and this week
an even greater increase in the
number of recruits is looked for.
LATER
New York, Sept 14—A German
code message picked up by wire
less here has been dcipbered in
wbkih it is stated that three hun
dred people had been killed in the
recent German Zeppelin raid ou
London.
VILLA HOLDS UP RANSOM
Of TEN THOUSAND DOLLARS
El I'aso, Sept. 14—Lowenbruck,
llu* Texas rancher, arrived safe
ty ia this city today. It is report
ed that General Villa has hefcl up
the 'ransom money of $10,000 which
was being sent In to the bandits
who are holding Ledgewise, de
claring that the payment of the
amount by the friends of the lat
ter would only encourage brigand
age.
STEAMERS AND
SAILING BATES
The City of Seattle will be in
>onietiiii6 tomorrow afternoon 'with
L4 passengers and 31 tons of
reight.
The Princess Alice will be In
omorrow morning at 7 o'clock with
!S passengers and 131 tons of
reight. She will sail at her usual
»our Thursday night
At the hour of going to press
his afternoon, the Northwestern
ra» reported to be Vc Tliane, which
fill bring her into Skagway at 1
'"clock tomorrow morning.
The Dolphin came in this morn
u S at 8 o'clock with several lo
al and Interior passengers and a
mall amouni of freight. She
ailed at 10 o'clock a. m. with
bent a dozen people bound for
uneau and Seattle.
>UMBA HAS REQUESTED
A LEAVE OP ABSENCE
Boston, Sept. 14—It ia an
lounccd here that Austrian Ambas
ador Dr. K. Tneodor Dumba has
equested his foreign office to re
all him on a leave of absence.
Amsterdam, Sept. 14—Vienna dis
>atche* state that Austria will
real] Ambassador Dumba from
,V£6hington, but will not appoint
mother ambassador to the United
States until after the close of the
war in Europe. In making til's
announcement there is no com
ment in the Austrian papers.
EVACUATION OF
VILNAJXPEGTEO
Petrograd, Sept. 14—It is
thought in military circles here
that the evacuation of Vilna by
tu- Russians will quickly follow
tn-> cutting of the railroad by the
Teutons.
The battles between the Rus
sians and Austro-German armies
southeast of Riga are said to be
hourly growing moTe furious and
sanguinary.
Ottawa, Sept. 14—Canadian man
ufacturers are now turning out
large quantities of cannon and
other arms and munitions of war
for Great Britain.
NEXT GERMAN MOVEMENT
WILL BE IN THE WEST
Paris, Sept, 14—The Germans
are now transporting immense
bodies of tToops from Poland to
ward France, and a great smash is
expected to soon be directed against
tihe allied lines in the west.
'SPECIAL
^nBHn9BK3SE^3BEBSii&'!& :?*333®cQ32&JS3I52BE!E5BB£
Fancy Green Tamatoes 75c per 20 lb. box
Fancy Ripe Tamatoes 85c per 20 lb. box
Italian Prunes 4 basket crates 25 lb. net
$1.35 per crate
Recieved in first class condition
ex k'Humboldt"
P. H. GANTY
VANCOUVER MAN GOING 501
-OUTRUNS ENRAGED GRIZZLY
Atlln, B. C., Sept. 9—Last Mon
day, while oil a tou.r of inspection,
A. T. Henning, watchman at the
reservof.r at Upper Otter creek, en
countered a mother bear and two
cubs. Although the spot where Mr.
IIcnning met the bears was over a
mile from the reservoir, he easily
outdistanced them and arriving at
the reservoir, plunged Into the
water. The bears followed quick
! ly to the edge of the ipond, but
seemed satisfied to remain on
shore. Mr. Henning kept well to
the center of the miniature lake
while the bears raged around the
shore, meanwhile keeping captive
the unfortunate man. AlthuogU at
the deepest place in the reservoir
there is only four feet of water,
Mr. Henning being a small man
coulJ barely keep his head above
the surface, and It was in this
Plight, that a searching party head
ed by Mr. Morau found him almoBt
exhausted an hour and a half lat
er. Upon the approach of the party
the bears 6campered away.
Mr. Henniug is now very busy
explaining why he did not use hia
S0-30, which he had with him at
the time. He speaks rather inco
herently of his having had only
one rifle and eight Bhells, and of
his not having had time to shoot
from the moment of meeting the
bears until his arrival at the pond.
Be taat as it may, his many friends
at Vancouver, where Mr. Henning Is
a well known real estate man, will
rejoice to learn of his escape, and
tha* his long submersion in the
chill waters of Otter creolt has left
no ill effect.
om OF IDE PUEBLO MINE
DIES AT HOME IN SPOKANE
Bonlcane, Sept. 14—Byron. N.
Wh'te, for a quarter of a century
prominently engaged In mining in
tho Northwest, died here Sunday.
GERMAN SUBMARINE IS
SUNK NEAR MVTILENE
Paris, S'ipt. 14—A German eub
marine is reported to have been
sunk yesterday by a French tor
pedo boat near Mytilene island,
Turkey in Asia.
He was largely interest*! in mining
property in tlie Whitehoree, Yukon
Territory district.
(Byrou N. White was the owner of
the Pueblo copper mine at Whlte
haree. but it la not believed that
his death will delay the contem
plated early re-opening of the pro
perty as .we have reason to believe
the negotiations to that end had
been closed before hia demise.—
j Ed.)
Roma, Sept. 14—An order has
been issued by the Bulgarian gov
ernment calling every reservist In
Italy home and in order
to expedite their movements
al' traveling expenses have
been advanced. This action is tak
en to indicate Bulgaria's almost
immediate entrance into the yar,
notwithstanding reports published
I Continued on page 4.)
NILE MOGULS
COMING NORTH
Juneau Empire, Sept. 13: In a
telegram to President Lloyd V.
Winter, of the southeastern Alaska
Shrine club, Potentate Joseph L.
Swaiwell, of Nile Temple, says that
he will arrive in Juneau next Frl
i* •*> accompanied by his official Di
van, and, possibly, by the Nile Tem
ple Patrol, which includes a band
The Seattle Shriners are coming
(Continued on page 4.)
j
Our Autumn and Winter :
«
Samples ■
of
Ed. V. PRICE & CO'S
CLOTHING
Are now on display
Come in and select your pattern
{[while they are new
WE GUARENTEE EVERY GARMENT
Will Clayson
|The Clothier