The herald., 1897-07-20

say office to be melted and cast in bars.
This Alaska shipment in connection
with about 100000 received from placer
mines in this vicinity makes the total
receipts at the assay office in value
about $230,000, or more than double the
largest previous receipts for one day.
IT'S BRITISH SOIL
NEW YORK, July ia special to
the World from Washington says: The
possibility of serious international COM
plications between the United States
and Great Britain as the result of the re-
cent gold discoveries in Alaska has be-
come apparent to the State Department.
Senator Davis of the Senate Foreign
Relations Committee has been requested
to secure the immediate ratification Of
treaty for determining the boundary
line between Canada and Alaska in or
der to lessen the probable difficulty.
Chairman Davis has announced his
intention Of calling this treaty up for
action at the next executive session of
the Senate. There is said to be no OBJ
lection and prompt ratification is ex-
pected.
HIDDEN TREASURE.
SEATTLE, Wash. July 19.-The
amount of treasure brought down from
the famed Clondyke by the steamship
Portland is now placed at 81, 600 and
there is good reason to believe that the
sum was nearer 50, 900.
In this connection something in the
nature of confidence game appears to
have been worked on the North Ameri-
can Trading and Transportation Com
pany or its officials in charge of the
Portland, by the miners. Each man was
required to place his gold dust in the
ships safe, but this was not done by
any means. Many of the miners Sc
creted their dust in blankets and lug
gage, which were taken either to their
staterooms or thrown carelessly about
the ship.
Clarence j. Berry, one of the Clondyke
kings, brought down at least $4,000 in
nuggets, not a cent of which the Port
land had a record. This statement is
made on the authority of Captain Will
lam Kidston, the master of the vessel.
When pressed for an estimate as to the
grand total of the Portland's gold car
CO. Captain Kidston said it was, no
doubt, nearer 81. .0000 900 than the amount
accounted for on the ships records.
At present only miners laws rule the
camp, but next year Dawson City will
be incorporated and municipal officers
elected. The miners are determined on
one thing, however, namely, that order
shall be preserved at all hazards. No
sure-thing gamblers will be permitted
| in either Dawson City or the diggings.
| Information comes from Juneau to the
Gently been made in the neighborhood
of Forty Mile. The location has been
christened Minute Creek, and is now
panning out $22 day to the man. An
other discovery on American Creek,
fifty miles below Forty Mile camp, is
said to be paying well, and great num-
ber of men have focked there during the
last few weeks. The pans run from $40
to $18. 1t is thought likely that many of
the prospectors will strike for these
camps, thus relieving the strain on Daw-
son City.
EFFECT ON SILVER.
WASHINGTON, July 1a-Quite a
number of statesmen were asked what
will be the effect of the Alaskan gold is-
coveries on the silver question. Most
| of them were inclined to the belief that
the possible production of the new gold
country h 4 heen highly exaggerated
for the benefit of the transportation COM
| panies and local supply companies.
| Senator Allison, when asked about the
situation, said: eff the product of gold
| in Alaska is really enormous, it would
of course tend to approximate the value
of gold and silver, but the output would
have to be unprecedented to have much
effect, for our output of gold isivery large,
you must remember"
Another authority said, without hesi-
tation, that there could, be possibly no
effect upon the monetary situation un-
less the discoveries of gold were $40 stu
penduous as to take gold out of the list
of precious metals.
CONFLICTING OPINIONS.
NEW YORK, July 19-The World
says: Daniel Guggenheim Of the firm
of Cuggenheim & Sons, who have large
smelling interests, when seem at his
Long Branch cottage, confirmed the re-
ported discoveries in the Yukon coun-
try, and said that the new fields would
yield far in excess of even the present
roseate indications.
For some time my firm has had ex-
pert mining engineers a work in Alas
ka," he said, "and their report says the
Yukon gold fields will prove the richest
in the world. My opinion is that as soon
as the country has been opened up and
shipping facilities furnished, the out
put of gold will be simply enormous AS
the production of gold increases. silver
will be enhanced in value. This regard
as certain
Mr.. Guggenheim declined to give in
details the reasons for his faith for hight
er values for silver.
| There are several well-infor1ned men
who look upon the reported discoveries
as exaggerated. One of these is F. Ho-
bart, associate editor of the Engineering
and Mining Journal.
Yes, 1 have read these Stories" said
he, "but, to be frank, 1 do not credit
them. Our information, which is de-
tailed and positive, makes it impossible
for me to accept the repeated announce
ment that the Yukon river runs over
bed of virgin gold. AS a matter of fact
some persons have struck fairly rich
placers in the Yukon district But the