The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-07-13

What II declared 30 be the most i'm
porlant and gigantic OIL discovery any
where on tae face ~ the Rlobe haE been
made Ia Alaska the country So fabulous
b. rich In gold and other precious Metals.
Although single mine. the Treaaweil.
has yielded moro than the suns so 80
ard little fnore-tien. Grant, the sol
aier-statea2naa and president. gave IN
the name Of fhe United statea some Years.
ago for what vas declared 10 DC wila.
vast. mountainous. Inaccessible and I'M
productive country. tnis and the Monte
Crtsto.il<e taias ~ the famed kIondtke
pale .nto % gn.ncAnce n CON parisoa with
The ua~ Hud.
Last November two prespectors. one
named Eddy. while securing extrsnis
Northern Alaslza ard very asar the Arc
tic circle came across & lake several
miles wide ia places. and five or six
miles In length. and ot almost inpene-
trable depth. Of what seemed TO be crude
coal vi! or petroleum.
From a haEtg examination II appeared
- them that the lake VAS fed from an
inn4merabie number OF Oh springs ia the
sands aud mountainous banks forming Il.
tuflhsr discovery also revealed great
VEINS aH.i As,igez 81 coal.
Win he characteristic secretiyeness OF
the trained gold hunter. the two pros
pcctors took ample samples both Of tac
oil sud coal deposits. They came at once
10 Seattle, and among others reported the
result az iheiT discoveries 70 Charles +.
Mgndny. Mr.. Muuday had tests made ~
the petroleum. which was pronounced
productive al first grade Cnai OIL lie
was informed In short that the great oil
fields 81 Pennsylvania. Ohio and Indiana
yirided no better oil; that il rs had q
sufficient quantity he needed no other
guarantee II "a fortune approaching that
Of the renowned John u. Rockefeller. the
king OF oil men.
Mr.. Mnnday enlisted number of
friends and citizens Of Seattle among
them r, j, Hamilton. who was United
States marshal for the territory of WASH
inst0n during the first term II Grover
Cleveland Quietly secretly they organ
ICED company and sent five or six men
Including three or four OF the best oil
and coal experts of the East 10 examine
the discovery made b. tha prospectors.
These men returned TO Seattle on the last
Alaska steamer. the Topeka Their re-
port in brief. Is that this lake constitutes
the greatest body OF oil ever discovered.
They pronounce h almost pure oil and say
that Il Is fed by an iunumeFabie number OF
springs. apparently as lasting as the ages.
In truth, their stories are almost incredl.
bic and hut for the established reputa-
tons aud known reliability OF the men.
could not he believed.
The coal deposits surrounding the lakes.
according 10 these authorities. are mex
haHstihle. Il is OF q good grade and of a
VERY shallow depth and the surface indi-
cations are THAT there Is enough of it "a
supply fuel for the whole If tho United
States for an indefinite number cf years.
In the name of The company the experts
and agents sent North 10 examine Tho
properties took up s. 40 acres Of Land. in
cluding the coal oll lake They have COM
piled With alf the mineral law require
menia ana the company Niil az once pro-
ecod "a the development Of is property
The lake is Within two mites Of the
ocean, sufficient guaranty of the ne
feasibility OF the great property. - close
S a. IN fast. thar the experts veport that
'he OH is actually oozlug or ses nius on,
into the ocean
y So repor "a that the Standard OF,
torrpaGt iE already caae8vorlug to pur.
chase hcth thc ou a0d coai properties.
tA9t WHALE the owrers hayc bceo irxestL
getting the o'l masaates also mad gecre;
agents a. work