The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-04-04
special CORRESPONDENCE.

|
not few strangers. who come TO investi-
gate the truth OF thar which has been told
| concerning the mineral wealth of this
truly wonderful mining district. Some
| there are among the many arrivals who
come prepared 20 begin the work OF de-
velopment on lodges already sufficiently
| prospected to afford certain promise Of
! rich returns; others as representatives of
| capital seeking investment in mining en-
terprses. and still others who will scorn
the forests and scale the mountain sides
in search for the mineral-bearing lodes
and lodges they have every reason to be-
lieve they will find beyond the narrow belt
| to which the researches of the prospector
| have thus far been confined. That the in
tending investor win find this a most in
Wiling and profitable field is u certainty
| contingent only upon careful competent
management and judicious expenditure OF
| money In the work of development That
| the numerous veins and lodges already eX-
posed Will be multiplied many times over
during the next twelve months Is as GER
tain as that the rapidly increasing number
| of prospectors will be able to penetrate
the dense forests which line the shores of
the intricate inland waters OF Southeast
ern Alaska to the mountain ranges of the
mainland and of the innumerable islands
which constitute the Alexander archi-
pelago, It can be truthfully said that so
far as Southeastern Alaska Is concerned
thus far the prospectors have done little
| more than comb the beaches" readily
accessible to the frai craft in which they
have been wont to ply their vocation
Growth Of the District.
II Is frequently asked. why, with all
the show Of mineral claimed. there are
few II any producing mines in the Ke'chi-
| kan district" The answer comes easy
enough. 1t IS scarcely year since atten-
tion was first attracted to the mineral
bearing lodges OF this part Of Southeast
ern Alaska and not more than two years
| since the first discoveries We're made-1ust
about the time the klondike rush began
and It takes time and money to- transform
as'prospect," however promising Into
| producing mine Capital Is wary and
slow even to investigate the merits or de-
| merits OF a newly discovered mineral re-
| gion. Generally the more plausible the
| story OF great values the more wary the
| capital necessary to their development,
| Consequently the development Of the very
promising lodges OF the Ketchiknn mining
| district has been slow; indeed. II may be
| tru,hfuly said has scarcely commenced.
But capital is beginning to flow IN this
| direction. Promising claims are being
bonded and purchased by men who do not
| expect n return Of 81 on Tuesday for every
dollar invested ON Monday but who I'M
| derstand and appreciate the fact that
| mining Is legitimate business. from
| which profitable results can only be eX-
pected to follow a 1udlcious expenditure
| OF money in reaching aud utilizing the
| ores from which such profits may be OBJ
tained This capital Is not coming in
| driblets to be used. as In the beginning, IN
"A mere scratching Of the surface outcrop
| VI some particular lode, but in bulk. IN
each Individual case predicated on careful
| preliminary examination calculated 20
definitely determine the amount necessary
| 90 the work OF practical and successful
| development II Is coming from men who
| know what is necessary In the successful
| prosecution Of mining enterprises. and
| with such men there Will be no failures la
| the ketchkan mining district
| Principal Development work.
The principal work ct development al
| present in progress ls AT Helm has.
where the Gold Standard Company's min
| is In steady operation ana achieving good
| results al Smugglcrs' cove. not FAR frlm
| Helm bay. whore the heyston Mlntn1
| COMPANY. a Pennsylvania corporation
| with unlimited means. is developing. by
| shaft and tunnel. a ledge % the apparent
| width II thirty feet between smooth and
| Wa,I-dtaued walls and carrying Na-u@s
| averaging SIS per tou, a tfe Sea Lever. 500
| Thoruc arm. whore work mas been iu
| PROGRESS an winter with results aiiag"thei
! satisfactory tn those most immediately
| concerned and at George iuisi. where
| James R1Bden O. developing au imm ns.
| ledge assays Of whlch show values that
| Ef1e assurance 90 El.ar io comparison
| wi.h which tho celebrated Tre8d~en Will
| tc 20 little ssntacance
AZ johnson iulct. au Prince az Wales
| I-.aud r J. Dunn manager for Sre-
/ kane company, s. building tramRt} te1
! and ore-half miles iu length. erecting
/ buildings aud duing otatr preparations
/ 'H.tk looking Coz the deve Hpm tnt 90 sh.t
| rs popularity known ass tae Caapiuan
! Gr.Ir- tha ores 81 AflCh art rHrn lr-
/ eraHy reh The ore bady win he AIset
hy TANNED 40 ttrs cansi". -atse t"p.a
! b.. lows the ortcrop ana il rs expected tEat
| .h. miuc u.H bo made Uf-aaopr before
/ the Summer ls over In tee same re.sh
| tH5haai aie t1s pfapefiifs SECURED HF CD
/ g. elements ana assn. l-ttF. who will pre-
/ eyed AZ once wHh fhe work. ~ develop.
| mert aud eVp,-, st4n CD }eaiu ea.uwerts
J az hfEe. 4rsir uFa o. trc ags.|tere 78 $50.
| .3eu4 O,her most promising properties
! $50 P~lurs q Ha-- ara eras'us Islands
| 1851 s.eu be lu pro.ess .f dateH 9mrut
| concern uG Naith segr f-asrarae.t e.N
| make further msulior ates Oh
ButldfnE n New To~n.
ket.h.Aan She present ttad4ua sra or
| zentral rendezvous o. the m.uers ass
| pr.s.eetars 0f th~ mining Hl-tr.,t 90 f-s
/ Same nsrss has aetu EFavins aga-t Gn-
| Ger tlr stinulaat vt p-eseu, and prom
| f.ea Development of sarrFaullgA mineral
! resources t4, With Ftft ta& tfetntI.sE
/ gEe bll1lHss a:r mere l4 Es aut
/ s.iaa. either a lAC& - n 4as ou sLe i..t
! ~ abe owners ~ l uaa- ~ taif0 SO @.
! -tA.uitF ~ the t4~n Itself ca4g'ef w
a tetuuE ~ Insecurity ~ atla 3d. tat
l -0oalas thes o~fup}. 'Iiei tll..l tn-
/ FISHING station. the place has rrIwa slm-
| g,V Aul naturally because There Was ~
| atb.r trading station equally. aa centrally
| located. with ogtter harbor facilities aa1 "a
| more eligible b4ildius size to divide er
| take away its trade. Now haRt.rr. Sc "a
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