Valdez Daily Prospectoi
POULISHED By THE
Prospector Publishing Co
TERMS.
Daily Prospector.
By carrier, per month....$ 1.0(
By mail, per annum 10.0(
The Weekly Miner.
By carrier, per monlh 40<
By mail, per annum $3.0C
The Daily Prospector and Weoklj
Miner, by carrier, to one addros:
only after September 1st..91.25
The Daily Prospector and Weeklj
Miner by mail to one address
only §12.51
Business OfTice and Editorial
Rooms, Phone No. 222.
WEDNESDAY, SKPT. II, 1012
A FEW FACTS.
It is not an uncommon exper
ience to hear i| slated by an un
informed person thai for every
dollar taken from the mines of
fhe country, another dollar has
been expended. In other words,
I hat there .is in reality no profit
in mining:, speaking •»f the in
dustry as a whole, for the reason
I hat costs are equal to the wealth
produced. -
Such statements are, it may
r -adily be understood, simply the
result of misinformation. No one
really acquainted with the min
ing: industry would think for a
111o111eit| of making such a stale
nieiil, for those who have studied
1he history of the mining indus
try know of the great total of
new wealth added every year by
the precious metal mines of the
fountry.
Anyone studying the report of
Ihe United States (Seological Sur
vey, to lake Ihe most accurate
authority on the subject lo be
found, will quickly realize how
great this wealth is which is add
rd each year-new wealth, never
before in use, not merely wealth
that has been transferred from
one industry to another, from one
in an to another.
To take Ihf* preliminary report
for the year 1911, final revised
figures upon which will differ
very little from the figures first
issued, fiold produet.ion, $90,
233,528; silver, 57,796,117 fine
•ounces, valued ni $31,787,800;
new refilled copper, I. i33.875.O20
"pounds; primary refined lead,
480,975 tons, of 2.000 pounds
each: primary speller (zinc>,
280.520 Ions, of 2.000 pounds
cach. The values represented by
1hc last three may readily he
computed hv taking an average
price for I lie year of 12 1-2 to 13
rents for copper, of 1.15 cent*
per pound for lead, and of 5.81
cents per pound for speller.
This is all absolutely new
wealth, never before in circula
tion. and represents a far great
er sum than was expended in
mining operations; as is proven
l»y |||«» report covering dividends
for the year, of corporal ions in
which the public is more or less
interested, leaving out of consid
eration the profits earned by in
dividuals and associations of
which nothing is heard among
those not personally acquainted
with the propositions.
Dividends last year amounted
nearly ho $85,000,000, paid by
mining corporations. reduction
works or securities holding com
panies dependent directly upon
the mining industry for profits.
This record, will in all probability
be even greater this year as up
to the present time close 16 $0i,
000,000 has already been distrib
uted. with many large disburse
ments ye| due. as well as month
ly and quarterly payments from
smaller concerns scattered
throughout the country.
These profits represent an
approximate return to date of 110
ner cenl.^or the mining compan
ies and of 70 per cent, for the
securities holding companies.
Need any further facts be pre
sented ?
A PREPO8TEROU8 POSITION.
Notwithstanding the protest
which it made in advance, it is not
at all likely that the Ttritish gov
ernment will attempt to assume
the position toward the Panama
canal bill which lias been taken
by the Loudon newspapers. The
position assumed by those news
papers is tittle short of preposter
ous. And this is true despite the
fact that some American news
papers have taken the same alti
tude, for reasons not understood
in London.
fly the terms of the Panama
canal bill, as it finally passed,
, only American vessels engaged lr
the coastwise trade are given th<
privilege of free passage througl
the cnal. No vessels except thos<
, under the American flag can en
gage in the coastwise trade. Ther<
is therefore no discrimination
against foreign ships in grant
ing these free tolls to vessels
i alone engaged in this particular
1 trade.
The talk of an appeal of the
i question to The Hague is silly.
' AVhat is the question which The
, Hague would he called upon tn
decide? Merely (his: Has or has
not the government of the United
Slates I lie right, to decide on
what terms and conditions Amer
ican ships, carrying American
goods from one American port to
another, shall have the right lo
juse a waterway constructed by the
[government of I lie United Stales
through its. own territories?
Does anyone imagine this coun
try would consent to submit this
question lo any foreign tribunal?
j If such a question as Ibis can
be submitted lo The Hague, llie
qu slion whal rales ran be charg
ed by American railroads, carry
ing American goods from one
American terminal lo another, is
'equally subject In r»view by The
.Hague tribunal.
The question is not one which
«(TecIs international relations di
rectly or indirectly. It is one
jpurely and entirely of domestic
'concern. Tl cannot directly or in
directly affect any foreign ship or
j foreign country, for neither for
;eign ships nor foreign countries
jhave any right, given them by
;treaty or otherwise, to partici
pate in American copslwise «>r in
ternal trade. The only interest
.adversely affected is'that of the
American transcontinental rail
! roads.
PINHEAD POLITICS.
<!i»v. Wilson is already suffer
ing the petty degradation that
jhusybndics inflict, on a presiden
tial candidate. His wife is obliged
.to deny that ^he favors eigarotto
[smoking by women. If she had
I not thought it proper to deny this
,for her own sakf, the governor's
|managers would probably have
Iharl |o deny it for her, in order to
(save I ho Anti-W'onian's-Cigar
otte-Smoking vote. As it is, there
arc grave fears that the denial has
alienated the Cigarello-SufTragef
!te vote.
J Wilson muragt r.<? are prepar
ing briefs lo demonstrate that ho
has never persecuted Roman
Catholics, and oilier briefs lo
'demonstrate I hat he does nol fa
jvor them above all oilier men.
They will have to furnish docu
mentary evidence that lie never
believed any immigrant from
^southeastern Europe to bo base
or mean, or smash goes I he entire
Kalian - Hungarian -Polish- Sorv
jan-Hulgarian-Montenegrin vote.
Hu| Eureka! in escaping Ihis don
Jgop lie will not have lo sacri
fice the Chinese laundrymen's
ivole, for Ihoy have 110 vole.
Slump speakers will lay stress
|on I he fact that I ho governor has
a colored buller and Ihoroforo is
deserving of (he whole negro vole.
Princeton men will be exhorlod lo
;vo|o for him for the sako of old
[Nassau. Secret-fratornilv men
will be organized to vole implac
ably against him because ho was
[rude |o fheni al Princeton. The
Scotch-Virginian vole is for him
.because his anees|ors eame from
jSeotland and he was born in Vir
ginia.
! And so il goes, until at times il
(looks as if the only vote in the
.eounlry which ddi not mailer was
Iho American vole. Hut in reality
all this catering by politicians lo
narrow cliques will not make ;i
'ripple on the result.
j The American people have de
veloped beyond Ihe influence of
snob parochial politics. They
elect or defeat presidents those
.days on public principles, no| on
private prejudices.
Elotlon Returns.
The following election returns
have been received from Ihe west
ward :
Chigging-Wiokorshnm, I I; Oil
more, 11; Krauzcunas, t.
Susilnn-Wickersham, 0: Oil
.more, ft.
i Cache Croek-Wiekorshnui, 27:
jOilmore, 3.
Hnprn-Wiokerslinm. 13: fiil
inoro, 2ft; llarrais. I: Jennings. 2.
C'liipnik-Wickersham. I : <T>1
.moro, 2: Harrals, 2.
ushagnk-Wiokershnm, t: Cil
more, 12: e.Tnnlngs. t,
Naknek Fillmore, 3ft; o.Tnnimrs,
t,
Closing out suits, coals and ov
onfnir frown* al half pMeo at Har
vey's Togcrory.
I ORDER TO SHOW OAUSE ON PE
TITION TO SELL LAND.
n the United States Commission
er's Court for the Territory ol
Alaska, Valdez Precinct. In
Probate.
In the matter of the guardian
shin of the estate of Nelg Oscar
Sail, a mentally incompetent per
on.-Order to Show Cause on Pe
tition to sell Land.
The United States of America
o Nels Oscar Sail, Charles G. Sail,
Lewis Sail, Albert Sail and Marie
Watson, and to all persons in
erested in the above-named es
tate or in the sale of lands be
onging to said estate:
The petition of Charles G.
Sail, as guardian of the estate of
the above-named Nels Oscar Sail,
a mentally incompetent person,
eing duly tiled in this court, rep
resenting that it would be for tne
{benefit of the estate of said in
competent person and of all per
sons interested therein that cor
am lands and mining property of
aid mentally incompetent person
described therein be sold, and
raying that license be granted
to the said Charles G. Sail, as
guardian, to sell the same;
Now, therefore, you and each
of you are hereby cited, ordered
and required to show cause, if
any you have, before this court,
t, the United States Commission
er's court room in the court house
jn the town of Valdez, in the above
named precinct in the Territory
of Alaska, on the 7th day of Oc
tober, 1912, at 2 o'clock p. m.,
why the prayer of said petition
thould not be granted.
Done in open court at Valdez,
Alaska, this 2<>th day of August,
1912.
THOMAS R. SHKPARD.
Judge of the United States Com
missioner's Court in and for the
Valdez Precinct, Territory of,
Alaska.—In Probate.
[Charles Loring and E. E. Ritchie,
Attorneys for Petitioner.
First, pub. September 7. 1912. )
Last pub. October 5, 1912.
Limited amount of 'treasury
loek of the Royal Development
Cold Mining company for sale for
5 cents a share. Money to be used
or development work. Inquire of
'John Ekemo, or phone James Pat
terson, 202.
Subscribe for the Prospector.
SHAMPOOING and MANICURING
Well Groomed Ladies and Gentle
men Appreciate My Services.
Private bath room for ladies.
Corns Removed, Without Pain, $1.00
SENORITA MENDEZ
Phone 185 Wall St.
MINING ENGINEER
L. W. STORM. E. M.
VALDKZ, ALASKA
Rbroktb ON Mineb
Patknt Surveys
Genkbal. Mimna ENoiNekriho
Phone No. 109
F. BUTTERWORTH
Civil Engineer and
U. S. Deputy Land and
Mineral Surveyor
Blue Printing rC8. I'honc. 199
MISCELLANEOUS
CAMP VALDEZ No. 10
Meet every Tuesday evening at 8 o'clock in
Katrle Hall All members requested to at
tend D. H. SLKEM. ArtlcChlof
Valdes I/Odge
No 168.
Free and Accept Masons
Regular Communications first Wednesday In
each month In McKtnlcy Hall. Vlsl' ors always
welcome.
James II. Fatten "»n..W. M
C. C- Reynolds. Sco
1.0.
^O.F.
Vloltlntr and local Odd Follow# arc re
quested to relator their name with the
valder. Odd Fellows' Club. Regular
meetings. flrat and third Monday.
Coll on 1*. H. HtTNT. Secretary.
FOE
VALDtC/ AKK1K No. 1871
Meet every Friday. Bp. m. Knulo Hnll
I
We are showing a large line
of
Stetson Hats
Stein Block Suits
Nettleton Shoes
See Our Window
Copper River
Draying Co.
Freighting and passengers to all parts
of the interior. General Trucking
bid. Wood, . - Proprietor
McKinley St. Valiler
|I«UP Hon
£VAOP£ZAf
S£ATT££
C//AS. Perry, mob.
the BESTorratniiwe
IN THE HEART or THE CITY
135 RooKsWiTnfaTH-505*KKi Rooms
When In Seward Stop at the
COLEMAN HOUSE
GEORGE SEXTON. Prop.
STRICTLY FIRST CLASS
Fourth Ave Seward, Alaska
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FISHER'S BLEND
FLOUR
AT
DOUGHERTY & FER6US0N
PHONE 2.
READ THE
PROSPECTOR
Steam H... EUcrfc U,BU
THE COPPER BLOCK
Finely Furnished Room. All Modern Conveniences
Good
Goods
THE BUFFET
Good
Goods
Copper River Lumber Co., Inc.
ALL KINDS OF
Native and ¥ ¥ TjV/iPITP anc^ Building
Puget Sound IVJLjDJZaIx Material
CONSTANTLY ON HAND
Prices Right W. M. FINICAL, Mgr. Phone li
Patronize a Home Industry
VALDEZ DRUG CO.
Drugs and Druggist Sundries
PRESCRIPTION SPECIALISTS
Telephone Orders Solicited Free Delivery
Ingram & Bush Dealers
Just Arrived Direct from the
Factories a Large Shipment ol
INTEGRIDAD, Rex, Regal* EL SIDELO, Senators, Millionairei
SMOKECRAFT, Reina Victoria, Delmonico BELMONT, Monarch
REPRESENTA, Medio, Full Value, Madrid
Box Trade Solicited at Seattle Prices
Special Price To The Trade
We do a
general
Banking
Business
I *,«.<• f 11 •
S- BLUM &.
o. •
n c o r r» o n a t c n
BANKERS
CAPITAL $ 200.000.y
Bank in
rear of
mercantile
department
We Pay 4 Per Cent Interest on Time*Certificates of Deposit.