College Education
Valued at $72,000
Boston.- The cash value nj a college
education to its possessor is $72,000 ac
« cording to a report made public today
by Dean Everett W. Lord, of the Bos
ton lTni /ersity College of Business Ad
mwist-ution. The report is bused on a
font' studo of the ea.ining capacity of
College graduates. The cash value ot
a hiyhschooi education is placed by
the report at. $315 000.
The report gives the average maxi
. mum income of the untrained man as
*1.200; that of the high school graduate
as $2 200. and of t he college graduate
as $0,000. The total earnings of each
• cf the three types, up to the age of 60,
are placed at $45,000. $78,000 and $150 -
i OOQ, respectively. Dean Lord ;n his
computa ion estimated also that while
the untrained man at the age of 50 be
gins to drop toward dependence, the
college mao reaches his maximum
earning capacity at 60.
“The untrained man goes to work as
b hoy of 14 and reaches his maximum
income at iheage of 30,” the report
- said. This maximum is. on the av
erage. less than $1,200 a year. In view
of the fact that this income is earned
through manual labor, dependent on
physical strength, it begins to fall off
> at the age of 50 or even earlier, and
• soon reaches a level below self support.
“The figures show that more than 60
out of every 100 untrained workers are
■ dependent upon others for support at
i theageofbO. The total earnings for
the untrained man from 14 to 60 are
about $45,000. Between the ages of 14
and 18, the four years which might
! have been spent in high school, the
young man usually earns not more
than $2,000.
“The high school graduate goes to
•work at 18, having lost the opportunity
to earn $4 000 which the untrained
man earns during this period. How
aver, starting at 18, the high school
graduate passes the maximum income
■ of the untrained man in seven years,
rises steadily to his own maximum of
32.200 at 40. and continues at that level
; ?or the rest of his life. Lie averages a
total earning of $78,000 from 18 to 60.
The $33,000 excess over the life earu
ings of the untrained man represents
the cash value of a four-year high
school course.
“Now, consider the college or tech
nical school graduate. His permanent,
earnings begin at 22. although a con
siderable amount may have been
earned during the college course. By
she time lie is 26 his income equals
that of the high school graduate at 40.
JLH. McLean
Tokotna
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| and it continues to rise practically
| without a break. Since his income is
dependent upon his mental ability and
training, constantly improved by prac
tiee. it increases or diminishes with
the years. The college or technical
school graduate’s average income of
•16 000 is often surpassed.
'•His total eat ntngs from 22 to 60. not
including anything earned during the
college period, are $150,000. The $72,
000 more lhan is earned by the high
school graduate represents the cash
value of college or technical school
training.
Doyle Claims Harding
Called Wife to Beyond
London.—The late President Warren
G. Harding and bis wife, Florence
Kliny Harding, undoubtedly are united
in the spirit world. Sir Arthur Conan
Doyle, distinguished British author
and spiritualist, creator of "Sherlock
Holmes,” declared today in au exclu
sive interview.
“I think there is no doubt that the
For a Nice Lunch
or First-Class Meal
Call At
Durant’s Cafe
Flat City
Max Simell
The Pioneer Trader
Furs Bought and
Sold
Miners’, Prospectors’
and Trappers’
Supplies
Steamer Service On the Inoka
River.
Ask the People of Ophir about us.
STATION
Fairview. Innoko River
FOR SALE
4-Inch Drill
Complete
Undivided one-eighth
interest in the No. 2
Above Association,
Ganes Creek.
A Large Basket Sled
for $75.
Inquire Kusko Times
la'e President called out to hi3 wife
while she si ill was on earl h, and actu
ally summoned her to him, and that
she went, ’ S'ir Arthur said.
He added that several American
presidents hare been susceptible to
psychic influences, *‘aud it is conceiv
able that they are watching earthly
affairs.
sir An hur cited the case of Abraham
Lincoln.
There is no doubt nbont, it in Lin
coln’s ca^e. the authur-spiritualisbsaid.
*Tt. should be recognized that psy
chic messages relayed to Lincoln wore
largely instrumental in .winning the
civii war.”
Conan Doyle is convinced that noli
onlv is there survival after “death.”
but that ‘ vigorous, vital' personalities ■
use i hat ot Lord iMorthcltffe may be
able to achieve anti in some cases actu
ally have achieved communication with
i ins ean h.”
THE
Tokotna
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Cigars
Soft Drinks
Lunches
John lieino
Proprietor
D
Are You Going to Build?
We have in stock lumber of all kinds, rough and
dressed. Lately we have added a few lines, such
as Rustic and Shiplap, 4 and fj-inch Flooring, Win
dow and Door Casing, Window and Door Stopping.
Boat Lumber oi. all kinds.
And if you are Roiog to build a sled, call on «s. We have the
best hickory to Alaska.
KO LUMBER CO. |
A Dredging or Hydraulicing
Proposition. Yankee Creek
I am the principal owner of a block of ground
oo Yankee creek, about seven mues lone, extend
ing from No. 1 Below Discovery down to the mouth
of the creek.
Pav has been located all along for a distance of
about three miles from the upper end, and pretty
well prospected and cross-cut.:
The average depth of the groom! is from seven
to twenty feet. The top is all black muck, that can
be moved freelv. No rock bigger than one’s fist.
The width of ttie pay. for a distance of about
three miles, is from 100 to 2(K) feet. Crosseuting
work indicates that the ground will go from 15
cents to $1 per square foot of bedrock. My belief
is that the pay will average 50 cents per foot.
I have a ditch on the ground, three miles long,
together with water rights. The ground is prettv
well cleared. There is also a drain, three miles
lotig, with the water right. I also have a water
right on Beady Bullion creek, from which water
can be brought to Yankee creek with a ditch less
than a mile long t,4.BOO feet), which will give four
sluiceheads of water, with a pressure or fall of <120
feet, being 1600 feet to the work from the ditch.
After doing away with the muck, there will be
from four to six feet of dirt to handle. The fay
runs mostly iu the bedrock of porphyry and slat*.
Tb«ground is virgin, only about $11,000 having
been taken out by windlass in prospecting.
Prospecting work during tbe present winter has
resulted in hading values that run up to $1 per
square foot of bedrock.
The Flume Dredge Company bas a dredge above
this ground, which has been in operation for th®
last three seasons.
The Government road crosses Yankee ereek. I
also have a road down the creek that connects with
the Government road.
I am also the agent for owners of ground other
than that held bv myself.
The ground can be worked either with dredge,
drag-line scraper, or by bydraulicing.
I will either sell the ground or give a leas* oa
it. If tbe prospect is satisfactory to tke buyer, a
cash payment will bo expected. gcod bargsiE
will be given to the right party.
For further information, terms, etc., Mall eu.
ground, or write or telegraph me,
KD NGLLUTTK,
Tokcut.a, A aakt*.
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