Douglas Island news., 1908-04-22
Yukon Gold


 some medal given to honor him who adds most to the gaiety of the nations the indomitable Thomas would un- doubtedly get it. A few weeks ago he came out publicly and announced that he was going to resign his self appointed job of policeman for the public. His resignation was some what pathetic. He rather intimated that the widows and orphans whom he had helped across the financial street and protected from the cruel, tramp ling, iron, shod hoofs of "The Systems" rampant steeds had been little stingy with their tips. Surely such brave, lubfourishing policemen ought to have been literally reward ed, but as the tips were not what he had expected, he was going to quit. Henceforth the dear public must look out for itself.
 Last week he came forward with a most remarkable advertisement about "Yukon Gold" a Guggenheim enter price, urging the dear people to place their money in his selfconfessed, un- protected hands. Truely, this is the most unique man we have had in the ! limelight for some time, and he cer- tainly has added more real Zest tn life than any we recall. He has taught us of the horrible danger in which we daily live, being hourly pursued by the dragon of Wall street. His eplthets and "pat" remarks have become house. hold words His abrupt and slangy diction is the envy of many writer. Even President Roosevelt does not hesitate to use the expressions which he has made common, such as "fren- zied finance" and square deal" If he has done nothing else he has helped tear away the rosy veil that erstwhile adorned the rich, and shown that they also are men with like passions to our selves. And now, having proved to his own satisfaction at least that rich men are selfish and scheming, he comes forward and announces that "The only reason that makes it possi- able to secure any of this stock now is, first, because it is now completed success; and, second, because the group (The Guggenheims) have been convinced that just at this time, when the people are filled with distrust of all things corporations wise, 1t will be of inestimable value to the whole in- vestment and corporation structure to spread through the land into the hands of thousands of small and large investors, fraction of the stock of their enterprise at less than one-half it's actual worth" Is it not splendid to have such publio-spirited men in the land as these Guggenheims? Of course there are those who will find the spirit that compiled the American Smelling and Refining Company rates and the spirit that offers an interest ln this fine gold mine at half it's value rather hard to reconcile. Possibly, however, we can help out any such by calling attention to the fact that where as the Guggenheims have invested nearly S12O00,000 in Yukon Gold they let the dear people in on the basis of ST, 100000 to S26,250,0OO t3,500,O0o shares capitalization advertised at from S5 to S7.50) Is it not fine to be great leaders of finance who can sacri- flee their personal interests to restore public confidence and at the same time make at the rate of at least S5,500,000. It must simply be ideal to promote business which Is patriotic and profit able at the same time. We who are of commoner clay always have to show our patriotism at the expense of our profits. We do not, of course, know thing about the value of the prop erty advertised. We hope that it is all that it is represented to be, not only because of the public, who have no doubt taken up considerable of the stock, but also on account of the Gug- genheims, because they have had pretty strenuous time in the late "un- pleasantness," and, rich men~es they are, they probably need the money.- Mining Science.
 All new countries come up through the same kind of tribulations. The | p.o., Io D,,rark