The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1901-02-20
PREDICTION OF TREMENDOUS
GOLD OUTPUT.

GOLD OUTPUT
Railroad Connection Between New
York and ST. Petersburg Likely in
the Near Future.
u do not hesitate to go on record
as saying that Alaska, ana in that term
L iuCiuuc the BuIsn lukou or Nurtn-
west Territory viii within the next
tW euty-uNc years produce more actual
mineral wealth than the entire. world
has contributed during the past quar-
ter of a century said capt. j. j.
Hcaly the well known Alaska pioneer
i'm a Seattle Northumberland inter-
view. Perhaps people viii today, as
they have in the past, say | am opti-
mistiC, dreamer, but if they viii stop
to consider the record for the past five
years of Alaska and the contiguous
territories as gold producers, they will
realize the probability of the fulfill
ment Of my prediction.
THE people of Seattle know what
Alaska has done for their city. / tell
them that the past benefits are insight
ficant i'm comparison with what the
next five years will bring. Alaska will
produce more gold i'm the next two
years than she has in all her history.
Formerly we had only the gold pro-
duCing gravel bars of the Yukon, Circle
city and Klondike districts. Now there
are dozens of camps. Look at that vast
uneXplored section of country lying be-
tween the Copper river and Nome; the
great unexplored region of the Tanana
and the Kolukuk Consider, too, the
Mackenzie river, where there is now
scarcely a white man. There is gold
there unquestionably. 1t is but a dis
tance of $50 or 200 miles from Dawson
to the headwaters of the Mackenzie
which will in time be prospected from
its source to its mouth.
cold has been found in the much
abused Copper river valley. The Ches-
toChena discovery is like the finding of
the clue TO an intricate puzzle. 1t Will
lead to the finding of the main deposit
of gold. Other districts will be discov-
cred. There is not one, but many,
placer gold districts in the valley of
the Copper river. l have had my eye
on the country for sixteen years, and
l expect to do something there on my
own account before long. We know
they have many Sl5 and $20-a-day dig
gings on the Tanana, and the construc-
ton of the Port Naldes railroad will
develop those profitable placers.
ITO return to the railroad question:
This Copper river road is sure to be
built. Nothing is more certain Work
on its construction will be commenced,
! am certain, within twelve months.
After crossing the mountain range the
railroad will follow the Tanana to the
Yukon. From this point nothing seems
more certain than that it will be built
on to Nome and through that district
across Boring strait into Siberia. Such
a project would be international,
and with the cooperation of the two
nations, the United States and Russia.
1t requires no great stretch of ina
gination to picture a railroad across
Bering strait 1t is but twenty miles
from the American shore to Diomede
island, and less than that distance to
the Siberian shore from that island.
THE continuation of the road and its
connection with the Siberian
railway would give complete rail con-
nectOn, assuming an extension of the
Canadian Pacific or some other trans
continental railroad to connect with the
Copper river road, between New York
and St Petersburg.
Time will bring about the complet-
ion of this gigantic enterprise. There
is money in this country to do it.
Money is now commanding less than
per cent. 1t wants more profitable in
Vestment. Millions have been spent in
erecting sky-scraping buildings until
these investments no longer pay Hun
less, or renting at such low rates that
the investment does not pay.
Think what the construction of this
road would meant 1t would put the
United States in railway communica-
ton with Asia. Tea from China could
then be shipped by land to this coun-
try. sea voyage Injuries tea-robs
1t of it's flavor. Russia carries her tea
on camels rather than subject it to a
sea voyage. Some of the better grades
bring as high as $50 a pound. We could
and would use much better grades of
tea here, but it is not worth while now,
for the reason that it has to be ship
ped by water. Consider, too, what the
United States could ship to Russia,
China and other Oriental countries if
this road We're completed"
Capt. Hcaly contemplates the organ
ization of "A large company to operate
in Alaska. He comes West at this
time to attend to matters pertaining
to Copper river mines. He declined to
discuss his plans in detail. They are
said, however to comprehend not only
extensive placer operations, but copper
mining as WELL