New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-11-07
ALASKA'S LATEST.
FULLER REPORTS OF THE GREAT
SNUG HARBOR ENTERPRISE
ON COOKS INLET

CENTRED At SNUG nARBoR. THE
PROBABLE CAPITAL OF THE NEW
TERRITORY OF LINCOLN"
! Newspapers cannot afford to ignore or to in
/ adequately present information concerning matters
! as to which the public displays even remote In
eres, Stl less they slight Issues which are Of
paramount interest to the great body OF their read
ers. and therefore. in Difference to an unauestion-
able desire for such information, the following facts
concerning great corporation are given:
One OF the most marked features OF the arrived
prosperity" which all newspapers have generally
reported Is the evident desire OF Eastern capital
heretofore shy OF all but the most conservative In
vestmonts-to seek employment not only at home.
but wherever success seems reasonably assured
AS A rule, newspapers have been extremely con-
scrvative during the Klondke craze. and have
summed rather than sought, the patronage OF the
uncertain enterprises inseparable from such times
OF Wild excitement. They preferred to walt until
the Juror should be over. and then to give space
TO such ventures as would need no other indorse-
ment than the names behind them. Nothing
could add to the prestige OF the men composing
the directory OF the company whose plans and
purposes were briefly described In The Tribune
OF October 81 These gentlemen are well known
to the people Of the United states They are
not likely TO countenance, still less personally TO
engage IN. any but legitimate enterprises. They
have the capacity to estimate clearly and the hon
esy to present properly the public any undertake
Ing TO which they may be willing 10 lend the weight
OF their and the ripeness OF their experience
When the enterprises projected by the North
ern Pacific and Alaska Mining, Transportation
and Trading Company published naturally
onlv the salient points OF the company's prospectus
were given Space would not permit an analysis OF
the plans ard purposes therein set forth To-Day
however the manifested interest OF the public de-
nands further explanation; 1rst. as to its trans
portatIon scheme: second its commercial propo-
stion third its quartz mines; fourth Its placefs'
NTH, the surroundings ana iaciiiues' EMIL TIC
climatic conditions.
Taking I'D these subjects seratim, and viewing
them BY the best obtanabe and latest lights. the
following points are clearly brought forth:
TRANSFORMATION routes through the Alex
ander Archipelago and then over the various passes
may be dismissed with the statement, emphasized
each day by freshly reported mishaps, that they are
too dangerous both as 20 the land and water jour
neys 10 ever constitute highways OF travel adequate
10 tho needs OF the rapidly developing country. The
press has thoroughly expelled THIS
The long and tedious route Via ST. Ml;haers ana
the Yukon is too precarloUs and TOO expensive, be
sides which +, is only available for few short
months In the year.
The Journey from Seattle San Francisco to
Cooks Inlet-the route proposed by this company
by open sea, is safe. convenient comfortable ana
avails bic all the year around. The raj! route from
no more diffculiles-hs on the authority OF United
States englneers-than are ordinarily incident 10 rail-
road construction. |, runs through agricultural and
pasture lands and az no time contronis Arctic
rlgors
The Commercial Propositon.-whe the advan-
tages Of Cooks Inlet as distributing cent? are
thoroughly known lowing to its position rendering
Il the key to the transportation problem, ana
there are key 70 be Therefore semi az p0ts rer
rlor advantages are such mat VIII De enaoien 70
supp p Of ai s sR nps to
eclipse all others and wrsst ,n n, hen n, tae
The commerce Of me Immediately adjoining country
GHd be npuEh to pa sm aoP9 the Dnt dc
ssSers S0r and asScrnen sshanss.
very large 1t has Been conservatively estn;s Tea
alone would amount 20 $4,000, or 10 per cent on
the company's capital stock =, coo,.s
Inlet literally mountli1s OF gold. Every repor,
which has com Gu, 81 sh ip%n,! w nas Inter
the inlet are al Ins eGhdtoh or f
have been abraded by time and the elements and
their golden debris has been washed down into the
tains nave retained no gold? This would he con-
TO all Mining h stn found tnf ht srea
or as in the Of the Comstock. below rich
p'RR Report have shown with singular unanimity.
how rich are the placer Acids Of Cooks Inlet, and,
reasoning from hts1 rePGr,s aSYs 10 Mod that s
the MOUNTAINS are rich in The prsci91 metal Yers
rspors as h pns'A'eo on one mountain
OF which is located the stamp-mill Of this com
p pns. Of sodSearing free milling quartz are
10 be seen for distance OF eight hundred ,ees
C % Ot rum an a a,ude of ,hrtyhve hundred feet
a. carrying between 81 and 81 PEI per Ton Whs a.
upon the theory universally found true in gold de-
posits that their richness increases with their
sSpan.a sai sSsus bot be a sdsn
what is known 10 ali experts in gold mining. that
low grade ores are the hest and the most per
Wss ,se sna1 ORES seas are
In proof Of this the sh9yns OF me Lread"egy "a
ns SSins or. Sny Ss Hsg ton ton
p A ne sT1a mouth V OF this tunnel then this Company
T sssn at or GSS' o ss daily S0n ed
300 per day and ms pHntd wal be Tapa nsr. e
in This one body OF ore alone, above level Of mill
site. work for such plant for ported OF timc
claims TO public attention, however. solely even
a the sSaSFa1ary afa out
to 50 great an extent fascinated those who look
for quick returns on small outlay rather than for
In cooRs f inlet in the Copper River district and
In the Klondke II has over thousand acres OF the
very cream or the placer regions. Some Of these
claims. already opened up, haze proved very rich
one e them producing $1,000 IN thirteen days,
thai this result was obtained with crude hand APP
planes some idea can be formed Of what the
blowing organized labor and the latest improve
ments In placer mining machinery.
ira Surroundings and Faci!ites--ft must be ur-
derstood that this companys operations are not 10
he underts ken I'm Arctic Alaska. on the contrary.
the region about Cooks Inlet has wrung encomi-
ums from all as a land CT great promise not only
Watches ailude to It As the garden spot Of Alaska,
on its shores grow magnificent forests while back
found a heavy growth Of grass, which, II cared for
and harvested would serve 10 support cattle more
than suficient for al! the needs OF the district
present and to come ,.,. II, !, ., .
Cllmnte.--1hese conditions VIII pc easily account