The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-08-09

Millions OF eapstai-~she boarded gold
eagles Of the esrets East~wiu fsow IL
sitsfsstns stream - @esisb into TIE aioEs-
dyke country during TIE ensuing year.
n FsFisssse4s loser. the famous FninfnG en-
stu4er and sn@tslgurasst who il In tile sfa-
psoy Of the Rothscaslds, the great Euro
U.san slnauriers has already sailed Tor
AlasEa s2s4 will ascend the YUKON ara
rSiondlEe rivers TO their very ne@9watsTs
H. ssarca or the hidden g9.d-
4r Eriesisnhoh%Y mas Deen ia San Fran
cisco for a month past. he WAS ordered
tlsare at the beginning of the hAonGike ex-
ssfement lie hae cot tod any one Of his
tgsfsEsen but srCra ore VINO knows him
we'll. comes the statement that his errafl4
is TO ascertain the extent ard richness OF
tbe new gold leIas ard 10 report at the
earliest possible moment ~ cable 20 his
employers.
Whether oa nox the E3thsehilds desire to
corner the gold 81 ttss world, az mas Deem
said 20 persisssutIy by fss KEyaniies, II -
evident thai thsy viii not overlook point
Hike the Kiondlke.
~ex York capitalists are turning their
energies and their wealth 20 the develop
mefsi OF the new Eldorado- They see 20
Ii Is possibly greater go3d-pro6ucing re-
gBoss tran California and Australia Sew
eral expeditions have bse'. sent out from
New York One syndicate II headed by
Addicks, the Delaware gas man. Clarence
King ons Of tha Dsss known mining en-
s!neers and metaliuTgists ia the world. Is
la the city. looking into the kiondise
matter for certain people In New York and
London.
Donald Ferguson who has spent twenty
years iu scaling the ramparts Of the
Rockies the siefTs. NevadaA In caiif0r-
MA and Mexico and the Cascades IN
Washington. IL here in the interest OF
some New York capitalists. He IS also
hooking out for NO. T. az well. Fergu-
son knows ali the oId-timers ia mining on
the Coast and In Colorado. Ii. Is heavily
interested In Cripple Greek and mas oIscr-
ssed fer tie past two years between the
latter pluc. and New York. His Office In
the latter city has been 81 81 Wall street,
and he Is Well known 90 ala the Zig min
Ing men In the metropolis. Ferguson had
planned a great scheme for the develop
Ineut Of the gold fields of Central Bolivia.
where for centuries the virgin metal has
been taken out from the beds of the
streams emptying into the Molendo river.
Ferguson was in New York last May and
there purchased some very expensive ma
ehinery. designed to pump placer gold out
Of the gravel beds of the Mollendo in Boz
iIvsa. He ordered the machinery and
pumps shipped TO Panama, there To be
transported TO South America The ma
over the Andes Oh the backs OF mules and
Indians. But when the plans OF himself
and hts associates were matared, the
yellow fever invaded Central America.
Hundreds OF FsFsusons old companions
In Colorado and California were stricken
down with the plague and died lie con-
cluded that the climate in Central Amer
lea was not good and waited for cooler
weather. While soiourning at san Fran
cisco tho STEAMER Excelsior arrived with
half million I'm Kiondike nuggets and
Two score of returning argonauts. A few
days later the Portland touched the wharf
At Seattle with over 81. 600 coo In klondike
geld. owned by sisty-three miners. The
news was dashed over the country imne-
aiateiy and the eyes OF capitalists OF Eu-
ropa and the United States were fastened
on ;he nev' Eld0fado of the north. Fergu-
son abandoned his plans although II meant
the loss OF Thousands of dollars expendei
for machinery and a. great amount Of
time. Tie communicated with his New
York associates by wire with the result
that he at once came TO Seattle and pre-
pared to go north by the earliest possible
means OF conveyance.
Ferguson IL casss-hardened expe-
fisDced. sagaci0us old sniner-tbat IT, ola
Ia experience. though not I'm years. ffe is
stlil on .hs bright side OF ~ His New
York associates are J. l.. Prescott. OF II
,. NABf
street New York The former Is mill
ionaire stoye-poilsh manufacturer. and the
latter h a retired capitalist.
Mr.. Ferguson was seen at the Rainier
Grand last night Iia SaA that IN hts
opinion Alaska and the Northwest Terri
tory are 70 see Il truly wonderful develop
nf"ut In the next nSe years. lie believes
THAI the gold production OF the country
tributary "a the kioudlke will b. lot less
than sie.sa.sn ger year. and thar either
districts III Alaska and the Northwest
Territory viii be discovered ,aS rich "a
tie Kiona he
Il believe that great quartz lodges VIII
he located by the thousands Of prospect
ors thar viii h1 scattered among the hli}.
Ani mountains of fha head waters OF the
Stewart and kfondike rivers dufIng the
next year l myself ar going up The
Stewart river Da miles and expect "a
travel and prospect All winter The partv
will include Mr., K Il fitzpatrick who
was my soTensa at Cripple Greek and
who was for three years ia South Africa;
pyseN and two employees Mr. kIlnat-