Douglas Island news. [volume] (Douglas City, Alaska) 1898-1921, 1901-05-29

don it. Great quantities of freight,
however, will be taken over before this
time arrives, unless an unexpected
change in conditions should come
about. This transportation business
has been a veritable Eldorado to some
of the freighters, many of them operat-
ing on the lake making as high as $500
and S4OO day.
The Washington-Alaska steamship
people say that the present rate war is
the result of the Canadian Pacific,
backed by the P. G. S. S. Co., trying to
keep their boats out of British Colum-
bia ports. The Skagway Alaskan says
that the feeling in steamship circles in
Seattle is that the end is far off. Should
the contest be waged bitterly Dodwell
& Company may place a line of steam
ers on between Seattle and San Fran
cisco to compete with the Pacific Coast
company, which has enjoyed practi-
cal monopoly of that trade for quar-
ter of century. Dodwell g. Company
have plenty of money at the back Of
them and control such liners as the
Olympia, Victoria and Tacoma now in
the Trans-Pacif1c trade. The putting
on of this opposition line has already
been talked of.
A Dawson special to the Alaskan
under date of May 18th, says there is a
big jam of ice foes in the Yukon below
Forty Mile 1t went in yesterday and
Forty Mile has been completely inun-
dated. The loss is conservatively
placed at $4,000, but it may exceed
that amount greatly. Only meager de-
tails are obtainable at this time. The
water rose with extreme rapidity and
the inhabitants of the town barely had
time to escape with their lives. They
were compelled to flee to the hills of
the surrounding country and scarcely
had time to reach them. Several very
narrow escapes occurred, one of which
was Mining Recorder White. So fast
did the water rise that he was forced to
cut hole through the roof of his Office
to get the records and other important
papers. Before he could obtain them
the water was above the door and en-
trance through the roof would have
been impossible short time afterward.
Fort Cudahy, which is just across For
ty Mile river, is badly flooded.
John [. Minear, the well known
Prince of Wales island operator, writ
ing from Denver, after an extended
tour of the East, of the interest being
taken in that section of Southeastern
Alaska mining, says: "The copper
mines of Southeastern Alaska are at
tracing a good deal of attention in
eastern cities, and more especially in
Boston. There is great deal of money
in that city which will sooner or later
find its way into the copper mines OF
Alaska Boston, as all copper men
know, is the great copper market of the
United States, and when you say that
it almost covers the world, so far as
copper is concerned. Prince of Wales
island is familiar to all men in the east
who are interesting themselves in cop
per. 1t will not be many years until
millions of dollars will be semitic South
eastern Alaska to uncover what | be-
lieve to be mountain Of copper ore.
Less than 20 copper mines of the U. S.
have paid over SITE, ,000,000in dividends.
Is that alone not sufficient to stir the
moneyed men-especially men who
have made their money out of mines?
TO find such opportunities as are Of
fered in S. E. Alaska venture the as
sertion that people who leave that
country to look for better one will
travel long distance before finding it.