The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-04-24
FRENCH CAPITAL IS n THIS.
RAOCL DgvAL AND DgC DsCAyTE1-
LANE FORM YUKON COMPANY.
1--WE Steamers New Being Dualt ~
Moran Droa. for service % the
Yukon-NinAng Experts - Ex-
ploee Tanana and kosak Districts
The Due dcasse.lane. who attained dis

The Due d'Cassellane. who attained dis
t.nctiou in America by marrying Anna
Could daughter Of the late Jay Cloud.
and his intimate friend. Charles RAout
Duval. prince Of good fellows. financier
and society man, are Interested in COM
paay which has been formSd to operate
two fine steamers on the River Yukon
and two smaller. fat.bostoned beats on
the Tanana and Koyukua rivers IN Alaska
Mr. Duval IS president OF the company.
known as the Blue Star Line and h u.
Ryan. . wesi-known railroad and mining
engineer OF New York. is vice president
and general manager. Mr.. Ryan - now
in Seattle to establish = Western head
quarters and to get the company's bust
ness In shape for the opening OF nasiga-
ton.
The two fleet packet STEAMERS which the
company will operate on the YUKON are
being constructed by Moran Hrus. ina
company is conducting negotiations with
q number OF the lines operating ocean
steamers between Seattle and 81. Michael
with q view to psrfecting arrangements
for an exchange Of business at the mouth
Of the river.
One OF the main objects of the company
is to thoroughly explore the valleys OF
the Tanana, Yukon and koyukuk r-yers,
with particular attention 10 their mineral
wealth. A prospecting party headed by
experts will be equipped in Seattle Tor
thorough researches by the company.
1T was perfectly natural that We should
come to Seattle 10 locate the main West
ern office of the company" said Mr.. Ryan,
the wee president and general manager
OF the company, at the Butler yesterday.
I'm New York the men who have watched
the progress OF affairs in connection with
the development of the mineral wealth OF
the Yukon have come to a realization Of
Gar hos Il SfSc HucA ~ cxxrs-
plies for that district. Since ! came here
I have seen enough to convince me that
this city will always control the bulk Of
the Alaska trade and traffic.
Concerning the plans OF the company,
there is little to be said except that we
have a two-fosd object In view. The main
purpose win be to obtain for ourselves
practical knowledge Of those areas tribu-
tary to the Tanana, Yukon and Koyukuk
rivers. which are said TO be abundant;y
rich in mineral wealth. For myself. am
satisfied that the Yukon districts have been
but little pfospected outside OF the Klon-
dixie. Circle City and Forty-M Mile. II Is a.
feasible proposition that the causes which
lead TO the deposit of great quantities Of
placer gold in the streams In the Klond.ke
district. and in the others referred 70, were
not confined 60 those fields which have
so richly rewarded the prospector. The
districts tributary to the Tanana and
koyukuk rivers offer Inducements. II II
believed by many experienced travellers In
Alaska. not inferior to the Yukon.
"On one OF the first steamers that will
be dispatched up the River Yukon We will
send party Of mining men. under tho
direction of experts We have already
selected, to thoroughly explore these dis
tricts. We will operate small steamers
on the koyukuk and on the Tanana for
tho travel which believe will be directed
up those streams. In addition. the two
Yukon steamers which the firm OF Moran
Bros. is building for us here will be kept
In commission between St. Michael and
Dawson"
Mr.. Ryan was one OF the contractors
that built the Fremont. Elkhorn & Ms
souri, River railroad. now part OF the
Northwestern system. He engaged In min
ing in the Transvaai in anfe-Jameson
days. After that celebrated fasco ha soId
out his interests there and returned to
New York. which Is now his home