The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-08-14

RADWAY & co, rs Elm ST., New y orl
side Of three miles on Bonanza creek there
is no certainty of paying claims any =
where.
Charles G. Yale, the statistician Of the
San Francisco mint, made report 10 the
treasury which will soon appear in a pub
lication relating TO the production OF met
ais, and While he does not say so blunt
" as the private citizens here quoted
that the hlondike is "nattening out" il
Is. AT the same time, evident from his
statements that the original estimate Of
the resources of that region will have to
be much modified
Aside from the individual profits and
prosperity involved. there Is political
side to this partial collapse of the l$lon-
dixie 20 which considerable emphasis is
given in Washington. The best possible
2ntidoto for the bimetalic agitation The
world over, Is large yield of gold Sena
tor Bacon of Georgia, a very Intelligent
representative of the free silver idea add
your correspondent recently that the sill
Yer question, In his opinion, would he
settled by the output of gold. IL that
should prove large enough to leave a
good supply for use as money, in addition
to the quantity absorbed in the arts, he
looked for the continuance of the gold
standard. But il this yield should fall
short in future years he believed the BIZ
metallic standard would come, or what
people not in sympathy with this view
would more properly cali the silver stand
ard.
The lessened estimate of the I<londilSe
output does not seriously change the ex-
rectalion Of an enlarged gold supply. One
swallow does not make a summer, and
one summers observations are only a
small part of the history Of mining oper-
ations. Moreover Alaska mas not given
out, and VIII continue for many years
an excellent gold bearing region but per-
haps not SO phenomenal as the first re-
ports led the country to believe.
According to MIR, Yale, returns received
at San Francisco show chat the bullion
yield of Alaska for 1897 was s. 439 90 in
gold and $79,20 in silver This is on tie
American side of the line. Except from
the regularly organized railroads ana min
ing companies, Mr. Yale finds il very
| difficult 90 obtain exact returns from the
| Alaska mines. The placer god is obtain
| ed by individuals aud small COMPANIES
| who keep TO books The men are 70
| an extent nomadc, going from camp 10
| camp and from creek to creek as new and
| better strikes are made. They sometimes
| sell their dust at the stores OF the trad
| ing company, ana quite as frequently
| bring it back T. this country in their own
| possession. Conditions in placer mining
are rapidly changing. In 1887 most of
| the camps on the American side of the
boundary line were practically deserted,
| the mon having been attracted TO the
| KlOndike by the extraordinary reports
which came from that quarter In the fan
of 1895. But now they are coming back.
and the American dggings are filing up
| again
Mr.. Altman relates that friends of his
| have returned from the Alaskan gold
| fields SO ruined in health as TO be hardly
pfz bU L
| fore they started. The experience of the
prospectors this season In the Copper river
| country. of which so much was expected,
| he says has been a record Of hardship,
| failure and disaster. Lives, health and
money have been heavily lost in the en-
terprise. Mr.. Lewis explains that man
may work All winter ana get out gravel
| that pans fairly, and yet when ne takes
account Of stock in the spring, find that
he has made hardly more than wages.
And when we say wages, it should be re-
membered that transportation 10 the gold
region is 50 difficult chat food comes very
| high and a man should ordinarily earn
s. a day to supply the needs that 81 would
easily meet in a settled country.
The stories that are tod Of the range
of prices prevailing in the Yukon make II
hardly haven of rest for the poor man.
A German who went from Milwaukee to
| Skaguay to open a restaurant has written
10 MS IfleHuS IN Milwaukee letter IN
which he sets forth the enormous profits
IN lhe food business II bought flour in
Seattle for S. a barrel" he says, land sold
it for $3.50 before it left the dock here
We have the 'bon-ton hotel in this place
We have six tables that will accommodate
six people each, and there is not a vacant
seat from o'clock in the morning TO II
O'Clock al night. That's because we have
put the prices down. We used to get 81 a
meal, but now we sell for ST. We keep
a lunch counter in the rear running all
night besides But the town Is full Of
people who cannot afford even our mod
crate prices. Many of them are dead
broke, and 50 hungry that they would cut
a mans throat for ST."
When the season opened it was predict
ed that the Klondike god field would be
from $20O00,Gd0 to $30,0G000 while It Is
now believed it may fail as low as $40 900, =
co. A San Francisco Chronicle correspond
eut, however, places the yield at 500 Co.,
900, basing his conclusions upon the fact
that the 10 per cent, royalty demanded by
the Canadian government has led to the
hiding of a good part Of the output. Some
allowance should also be made for the
spanish war. 1t has doubtless drawn Off
many people who from love Of adventure
would have sought the gold fields, and
whose earnings would have helped 20 swell
the total Other people are waiting 10 90
to Porto Rico or Cuba. or the Philippines
-S-<a-e
Dyspepsia and general debility are cured
by r. p. r., Llppman's great remedy, the