The daily morning Alaskan., 1902-10-21
BIG CONCERN
Capt. Hall Goes East on
 Shelter Proposition.

Capt B. K. Hlll leit on the City Of S.- attle yesisrday for the South and East, where he goes to plics the bonds of Che smsltsr to be built ln this cItv by the Al4s- ka Gold Miners Development & GuaTan- | ty Complny, one Of the very strongest in- stltuti1as ever organized ln the North Before Capt. Hall left the stock of the company was all subscribed and paid for by ls,dlng business men of this city. The strength Of the company and the conf dsnee entertained ln Skagway as a suitable point for blg reduction works can be had from the enumeration of the stockholders among whom are: ". E. Matlocki ihe president, one of Skagway's heaviest property owners and a leading banker oi Pendleton, Ore,, where be has Interests iunnlrg Into the hundreds Of thousands John c. Pries. the lawyer one of the heaviest property owners ln Skagwayi p. E. Kern, the iswelsr, also heivy proper ty owner; The Moore Wharf Company the richest business eoncsm on Lynn canali Martin E. Olsen, one of the biz Klontiks miners; C. L. Andrews, collector of eus- tomS sx.Mayor E. K. Peorls; Ex-MaYo' F. N. Woodruff, now of Eagle; Frank Blshooritk, B. k. Hall, G. Chsalander Martin Lawrence, Fred Ehrlich, A. Dor tero. n. C. Dlers and Town k Jensen, all leading merchants and business men.
 The consensus of opinion among experts and others who have looked Into Che situ- atlon Is that there Is not another pla,e in the country where Inducements are offered for a smslter that will compare with those Of this city. Southeastern Alaska Is the only known mining district h the world having great deposits Of paying ore on tlde water, where 10 can be loaded from the mine directly Into bargss for towing to a shelter This Is the situation that of fsrs liself all along the coast from the southern most point of Alaska Co the for Westward. lt might be asked why then should Sk1gway be the point at which the snelt.rs should be located as against other Southeastern Alaskan points. The answer Is simple. Those tamIli [ with the sItulton know that at White horsc, ln the Big Hoin country, in the Aulu region along the Sk5gwav canyon and everywhere ln the Interior tributary Go Sklgway Is found the very best and riches, of Qulrtz properties. The owners of m ny of these ore now shipping Co TatJ ma and other points. An of them would be glad of the opportunity of tclng business at Skagwdy.
 The class of ores that would be avail able lt Skagway are SO varied that they would furnish their own Aux, so thltthere would be an immense slying in that Item.
 The White Pass & Yukon people ars anxious to get ret m haul for their trains that are opefatlng between Skagway and Whltshorss and will make a splendid rate on ores. Thus it appears that Sklg- way Is the only point that Is accessible to the interior and to the coast both. It Is the place cha; Nature seems Co have ssls, ted for the center of the great mining region of Alaska and Northern Canadsi tts deal spot for the construction of big smeltsrs and reduction works.
 With such advantages at his back and with a gilt edge guaranty for his bonds, ! IClp', Hsl should experience no dIti,u'Jy ! To curing the capital required.