davidaulloa/AmericanStories huggingface dataset:
The San Francisco call., 1910-05-26
FInnr and Enrinaceou. Goods

California brands Of -four are 2oc lower. Other
brands unchanged.
FioHr-Califoruia family extras S5.SOd6.2O net
without dfsecuntt bakers extras So So66.2 20; SUI
perfne. 81. 600490; oregon and washington per
hbl. $5Q5-5U for FAMILY. bakers and patents
and S425M4.JO for cut OF; Kansas patents.
S6-5Od6.T5; do strsights. S6.3O@6.55, Dakota
patents S7.25; do strsights. 81; do clear. So
per bbl.
Farinaceons GOods-Prices in 100 10 sacks. net
cash. no discount. are as follows: Graham nour
81 so per 100 lbs; rye hour. $50; rye meal
Sc 10; rice -four. S6; corn neal. 2.T0; extra
cream do. 50; oat meal. So. so; Oat groats. 50;
farina So. 40; hominy. g. so; buckwheat hour.
Sc. so; whole wheat -four 81 90 rolled oats, bbls.
$6Q6.50; do In sacks. $3 sO615.50; extra cream
do, $3.50 In sacks and 81 In hbls; rolled wheat.
$40; split peas. boxes, s. for yellow and 81
for green per 100 lbs.
The San Francisco call., 1910-05-26
Hay and Feed.tuff-

No further changes in hay are reported.
Bran-S23Q24 per ton for white and S21 80 tor
red.
MiddlingsEs2SG per ton
ShOrts-S23. 5O624. so per tou.
Feedstuns-Rolled barley. S23- 50d24. so; rolled
oats for feed. $2S029; mixed feed. S24030 for
average lots: OiIeake meal, -. cocoanut cake
or meal at mills. SIS in 20 and 10 and $3.50 in
3 ton lots; jobbng. S26: corn meal. S34d35;
cracked corn, S34G3J: alfalfa meal. carload lots
$11; tObbing, SIS: red star alfalfa meal, $1I in
carload lots and SIS jObbings Caproco otlcake
meal $3.50 per ton.
Hay-wheat S12Q16; wheat and oat, s9d13;
tame Oat. S90IS; volunteer Wild Oat- $T4l1s
alfalfa. SS011; stock hay. S6Q9 per ton.
Straw-40665e per bale.
The San Francisco call., 1910-05-26
BUTTER PER POUND
Egg Market In Nearby Counties
Especial Dispatch 10 The Call

PETALUAIA. May 25.-There was no change
in the prices quoted for eggs today after the
ceipt OF prices paid by the San Francisco dairy
exchange. The Petaluma egg exchange paid 2Jc
for first grade Independent dealers and specu-
lators paid 24c and 30c
SANTA CRUZ, May 25.-Poultrymen are re-
ceivng pc for eggs in the local market, which
IS kept well supplied by the rsnchers. Big pOul-
try dealers shipping to outside points. From
Capitola shipments quite heavy.
The San Francisco call., 1910-05-26
Dried Fruits. Raisins, Nuts and Ho,.x

ture delivery, sl2Ms&c; peaches 5d5he;. dc
1910 crop future delivery, 5d6c; prunes. 30
312c, with Ac premium for SOS and 1c premium
for 40s; hgs. 3A &c; pears. 501Oc.
Ralsins-Layers. clusters-6 crown, 81. so: j
crown, S1-f5; crown, 81. %; seeded. 405c: or
dlnary layers, crown. $f.25; crown. 90c;
seedless sultanas. 21zd4c; Thompson's seedless.
~ @Sl2c for unbleaehed and 61t d615c for
bleached; loose muscatel. 4 crown 4c: crown,
3i5e; crown 3e; sesdless. 262Ac-
Nuts--AlmoDds. nonpareils. 1415 415c; IXL.
l4M "A 1ac: ne plus ultra. 13d131ac; Drake. 10i5
a lie: languedocs. 104101ac; hardshell So a 7c:
walnuts. 13c per lb for No 1 softsheIls, size for
No do; pecans. 141s @16c; peanuts. 41a65c;
pine nuts. 1sfd zoe per lb-
Honey-Nominal.
Beeswax.2 z dsoc per Ib for light and 2s@
26c for dark.
The San Francisco call., 1910-05-26
TENT OF PRODUCE
Foreign Futures
Northern wheat Market

WASHINGTON
TACOMA. May 25.-Wheat milling -RIuestem.
SSc: club. SAC.
SEATTLE. May 25.-NilIing quotations. Blue
stem. soc; forty fold. s7e club, SEC: ife SEC;
red Russian. Sac. Export wheat Bluestem. SEC
fortyfold. SIC: club. S3e; fife, SSc: red Russian
Sic Yesterdays car receipts-Wheat cars;
oats. / car.
OREGON
PORTLAND. May 25.-Wheat. track prices
Club s2ds3c; bluestem, S6Ms7c: red Russian.
s0@S1e; turkey red, s2Gs3e: valley, S46 S5c.
Car receipts-Wheat, ears; barley, 3 cars; oats,
2 cars.
The San Francisco call., 1910-05-26
MinneapoIis Grain and Prnance

MINNEAPOLIS. May 25-Close: Wheat. Nav.
Si.0s; July. Sl.07M107ls September. 961tc
Cash--No. hard. 81. III hhM111M; No. / North
ern. 81. 0s5s al .105s; No. .. S1.o61s G1Os%; No.
3, s1.03ls a .051s.
Corn-No. 3 yellow 55ia @5e1ac.
Oats-No 3 white, 36sz G37ssc
Rye-No =, T00721ac.
Bran, in 100 pound sscks-$1S61S. .25.
Flax closed at $2.17i5.
The San Francisco call., 1910-05-26
New York Money Marke,

NEW YORK, May 25.-Money on call firm AZ
81 ASA per cent; ruling rate. 81 per cent
closing bid, 3-per cent, offered at 81 per cent
Time loans nrm; 60 days. SO. per cent: 90
dssy, o&d4 per cent; six months, 4d4K per
Prime mercantile paper. 3s4 @5H per cent
Sterling exchange steady With actual business
in bankers bills at 81 S44od4 s45O for fs0 40 =
bills and at 81. s745 for demand y No'
Commercial bills. 81. .S3zt 64S4
Bar silver. b3%c.
Mexican dollars. 44c
Government bonds steady; railroad bonds hesvy.
The San Francisco call., 1910-05-26
PnmIfrx and Gane

Business in poultry was rather quiet with
large young chickens such as fat heavy hens.
young roosters and fryers receiving more atten-
tion than anything else. Small brOiling chickens
and ordinary hens continued TO drag badly at
weak rates
Poultry tper dozenl-Hens. s. 5-50n6 for small.
$1,000 $50 for large and sSM1O for extra. young
ROSTERS. $SM11: old roosters. S565.JO; fryers
s717.J0; broilers. $4G4.jO for large. s3.25ea
$50 for medium and $2.J093 for small; ducks
The San Francisco call., 1910-05-26
New York Grain Market

NEW YORK May 25-Flour- Quiet and about
steady. Receipts. 1884 barrels; shipments, 7S1
Wheat-Spot, firm. No. red. $1.091a nomi-
nal c. /. f.; No northern, Silt nominal Z. o. b.
Options Wheat showed very steady undertone
in the face of bearish foreign advices Influenced
by covering on the part of shorts who feared an
oversold market. closing at Il a lac net advance.
May closeds at S111A, July $1065s, September
closed at 81 OPS. Receipts 40,S00 bushels
The San Francisco call., 1910-05-26
New York Produce

NEW YORK, May 25.-Hops-QuleE
Hides-Firm.
Petroleum-Steady.
WooESteady.
Sugar-Raw. firm; Muscovado 50 test. s.7Tc;
centrifugal. 96 test, 4.2Te; molssses sugar 50
test. 3-52c refined. steady.
COfee-Futures closed steady at a net loss of
5Q10 points. Sales. about 1000 bags Switches
amounted to 27.5O0 bags. Closing hids-NIair. =.
and June. 620c: July. 6. .25e: August g. zoe. Sen
tembeE 0.35cs October and November. 8. 4Oc: De-
cember. 645c; January. SAC. February s. 4sc;
March, 6.52c; April. 6.J3c. Spot. quiet; Rio No
Z. SIC: santos No. A. 9Acs mild. quiet; Cor
dova, ga Q12Lc.
Butter-FiFn. prices unchanged.
Cheese-Steady, prices unchanged
Eggs-Weak- Fresh gathered storage packed
selections. 21G22c; regular packed. hrsts 1917 n
DRIED FRUITS
Evaporated Apples-Are inactive; prices nom
inally unchanged On the spot fancy are quoted
at i0c; choice, SgSl2c; prime, TG7Ac: common
Prunes-Are in better demand Spot prices
hrm. Quotations. 3GS%c for Californias up 10
30-4Os and i2Q9c for Oregons.
Apricots-Are drm but demand limited and
market quiet. Choice. 10610izc: extra choice
1O4 LIE; fancy. 11aG12tac
Peaches-Are frmJ with fair iobbing demand
Choice. 61a 96%c; extra choice 797tscs fancy,
IA G715e.
Raisns-Are firm. with quiet trade Loose
muscatels quoted 81 d5&c; choice to fancy seed
ed, 4&t q6&c; seedless, 31zcs London layers.
S1.20G1.25
The San Francisco call., 1910-05-26
Beans and seeds

Beans (per ctD-Bayos. S6.75; small white.
SIS: red S6d65O: blackeye S.. 4oM ). So: lima.
81. 3564. 40: red kidneys. S5.5095.70; cranberry
beans So 600 1. 70; garvanzas, 50. % 56525; horse
beans. nominal
Seeds-Brown mustard. 4c; yellow mustard.
-; daxseed. 5G51ac; canary. 315ci slfalfa.
16617c; rape. 1621ec; timothy. 5% 96cs hemp,
3H6315e: milIet. CSC per ID.
Dried Peas-Green. $S.65@3.75 per etl-
The San Francisco call., 1910-05-26
Los Angeles Oil Exchange
| Special Dispatch 10 The Call

Los ANGELES. May 25.-Trading on the oil
STOCK exchange spiritless today While no
dull. '"
Associated oil closed off, selling at s52. so.
mexican petroleum was strong at S67.50, clos
ing at that figure
$50 bid. "
California Midway was quiet. the stock open
ing at BIC and selling off about a point.
oleum, following its rally of yesterday. opened
strong but sagged materially before the close.
The closing quotation was SIC.
central oil advanced ) points, being quoted
at 50 05
The San Francisco call., 1910-05-26
Northern Rn.in...

balances. Sl07 S2S
snees. SOP. 152. 90
ances S219. .637. 80
ances, $104,717
The San Francisco call., 1910-05-26
SUMMARY OF
THE MARKETS

New York stocks and coppers
lower.
Cotton slightly higher.
Local mining stocks dull.
Oil stocks fairly active.
Grain shows no further change.
California -four zoe per barrel
lower.
Linseed oil &c lower.
Hay and beans unchanged.
butter, eggs and cheese firm.
New potatoes and onions steady
TO firm.
Fresh fruits quieter.
Poultry in slow demand.
The San Francisco call., 1910-05-26

Cottolene-One half bbl, 13c; half bbls.
12Xc; tierce, 12Ac; 2 tierces. 125sc; 5 tierces,
12hc.
Hams and Bacon-The Western meat company
quotes as follows: Hams, 1915 562O1bc; picnic
hams, 141ac; California hams, 1S1a a6191sc; ex-
ira fancy bacon. IS 1ac; fancy bacon to s lbs
26c: TO 10 lbs. 25lac; 10 to II lbs 251he; sugar
cured. 25c; light dry salt bacon. TO 10 his
20lac; 10 TO II lbs. 1ac; medium bacon 2oc;
light medium bacon. zoe.
Lard d-Tierces 151ac, sos 15Nc los 16Ac. IS
1880, IS 16l.c; compound lard. tierces lite. 5Os
11%c, los 124c 5s 12ssc. 3s 12tsc; yellow cook-
ing oil. 7015c per gall white cooking oil. re per
gal; salad OIL 75c per gal
Beef-Local prices quoted. Export lots, in
spected by the government, 81 per bbI high
er. Extra family beef. SIT per bbI: family beef
$3.50 per bbl; extra mess beef, $3.50 per bbI
smoked beef. y l5c per lb.
Pork-Extra prime In barrels $50: clear. s34:
mess. S32; pig pork. s36: pigs feet $50 for
half bbls, 81. 40 for % lb kegs and S1s5 for kits
The San Francisco call., 1910-05-26

Corn-Western states yellow. in bulk. San
fIsncisco s1 track. S1.5Il5 @1.60; white. $1.50@
10; mixed, $1.5I@1.5S; sacked prices, 715c
nlgner; white Egyptian, $1.4Tla 1.521a; brown
Rye-s1. 70@1.75 per ctI.
The San Francisco call., 1910-05-26
Oil Stocks Are Fairly Active
Other Stocks and Bonds Quiet

/ I99. 900. Fs
General fund-SHver dollars in general fund,
sle5o,2 ,249; current liabilities. S99. III $40:
Worklng balance In treasury offices, s11.31302a !,
! IN banks TO credit of treasurer of the United
States, S3T .9l3, 564: subsidiary silver coin S2l.-
3S5. Io4; minor coin. Sl,311 900; total balancs in
general fund. $T9, ,7s6. .662.
The San Francisco call., 1910-05-26
Trearurv Stafe,n.rt.

WASHINGTON. May 25.-The condition Of
the treasury al the beginning of business TO-DAY
was as follows:
Trust funds-tsold coin. Ss5e. .s34. $50: silver
dollars. $500. .199. GOO; silver dollars of Is9o
The San Francisco call., 1910-05-26
Portland Butter Market
Potatoes, Onions and Vegetable.

PORTLAND May 25.-Butter-City and coun-
try creamery extras, 29c; fancy. 2sdzec; store,
20@21c.
The San Francisco call., 1910-05-26
SENATORS SCARE
STOCK BROKERS
ebate on Railway Bill Causes
Active Selling Followed by
Drop in Values
: Foreign Exchanges, However,
Better Tone Prevails Regard
ing American Securities
New York stock List

a.. T. Hutton & Co, z90 California street
members OF the New York stock exchange, fur
uish the following list OF bond and stock sales
Yesterday;
SeleE ST0CKS IHirh low Bid I Ask
The San Francisco call., 1910-05-26

nominal: pigeons. s1.75a2; squads. $3.50; geese,
nominal
Game (per dozenl-Nominal
The San Francisco call., 1910-05-26
Chicago Dairy Produce Market

CHICAGO. May .-Butter-Steadv. Cream
cries. 2Jd27t2c: lairies 23626c-
EggsHReceipts 26.1T7 cases; steady az mark
eases included. 16@1Sc; hrsts- Zoe; prime hrsts.
2Oc
Cheese-Firn. Daisies 14a. 6f5c. twins IAN
14i4e; Young Americas. 15G15<cs longhorns.
The San Francisco call., 1910-05-26
New York Curb Stocks
Boston COpper StOcIxs

BOSTON. May 25.-The market opened with
strong tone but diminished business and in
the later dealings gave way to weakness in SYM
panty with the New York list. There is no
pressure on the market, the supply Of stocks is
limited aud prices are huctuating within very
narrow range.
The following list is furnished by E. F. Hut
ton q Co. 440 California street Ero,cicnr,.
The San Francisco call., 1910-05-26
Cash Grnin and Prnxisinns

CHICAGO. May 25.-Cash quotations were as
follows: Flour. steady; No. . rye. re; feed or
mixing barley. 52d56c: fair to choice mailing
barley. 60@65c; flax seed No. 1 southwestern
81 l3; do No l northwestern. 81. 23; timothy
seed. $3.50; clover, $11.25. mess pork per bbi
So. 25@22.50; lard. per 100 lbs, $3.50: short
ribs. sides (oosel S12. .621a d12.S7h; short clear
sides (boxed), S13.50613.75
GRAIN STATISTICS
Total clearances of wheat and -four were equal
TO 23J.O00 bushels. Primary receipts were 3T9000
bushels, compared with I21, 600 bushels the cor
responding day year ago. Estimated receipts
for tomorrow Wheat. % cars; corn, 142 cars;
oats, 11j cars; hogs, 900 head.
DAILY MOVEMENT OF PRODICE
The San Francisco call., 1910-05-26
Butter, Cheese and EGGS

The only change in the quotations for dairy
produce yesterday was IN cheese fancy Young
Americas being marked up &c on a bid at 16c a
pound. The bid failed to bring out any stocks,
receivers being Indifferent about parting with
their holdings. Flat cheese was being stored
freely. The butter market very firm at the
old quotations, with receivers unwilling to sell
their surplus lots on the exchange OF in the
street. Every one seemed to want to get goods
into cold storage and no attention was paid to
outside markets, although 1t was believed that
there would be some business In shipping chan
nels If the trade cared to go after it, The egg
market continued firm, with a majority OK the
trade storing surplus lots. The quotations for
all grades were unchanged.
On the exchange 20 OF extra eggs were
sold at 25c dozen. There were no other sales.
Receipts were 81. 500 pounds of butter, 125,500
pounds OF cheese and 3.515 cases Of eggs
The following the official quotations es-
tablished on the floor of the dairy exchange
Prices in the street, while governed by the
exchange quotations, generally range from nc
to higher, owing to the various charges to
be added:
BUTTER PER POUND
Grades May 81 May % May "a May Is
Fresh extras. ..2Sc 21c 26tac 2615c
ggirsts, s5c 2sHc sse Sse
Cheese-California fancy fats. lac per ID.
firm; do hrsts, 13Lc firm: do seconds, 1213c,
firm; fancy Young Americas. 16c, steady; do,
drsts, 14c, steady; New York fancy, zoe, firm
Wisconsin singles. Ice, firm.
Eggs-California fresh, per dozen, cases in
cluded:
The San Francisco call., 1910-05-26
Meat Market

Slaughterers rates to dealers and butchers are
as follows
Beef 7Aas1hc per lb for steers. 7asc for
cows and heifers.
The San Francisco call., 1910-05-26
MINING STOCKS
san FRA

SAN FRANCISCO STOCK EXCHANGE
Following were the sales on the San Fran
.isco stock exchange yesterday:
CfMS'TOCKS
The San Francisco call., 1910-05-26

NEW YORK, May 2sEAThe governors of the
stock exchange today decided TO close the
change on Saturday May 2s, the Saturday pre-
ceding Decoration day, legal holiday on which
| the exchange also will be closed.
The San Francisco call., 1910-05-26
Horses md Mules

The following quotations for horses and mules
are furnished by the Butchers and Stock Grow
| ers' Journal:
The San Francisco call., 1910-05-26

Distillers 5s 80. go iU S Steel ID IS .lo4 q
Erie prior lien IS. 81 q Va Car Chem 5s.. $685.
Do gen 4s .-... % Wabash LIST IS 1881 .
Do As. ser A - Do 1st & ext 4s 20
Do Is. B 6S1z Western Md 4s... S41s
Gen Elect 5s. 139 Wrestling FL cv IS. SO
III Cen 1st ref As 9TS. Wis Central As 9Oss
The San Francisco call., 1910-05-26
London Closing stock.

Money-4@4A per cent
The rate Of discount in the open market 70
short bills Is S% 93Z per cent and for thre
months bills Sl5@3% per cent.
The San Francisco call., 1910-05-26
LOCAL MARKETS
Receipts of Produce May rs
Provisions

WESTERN STATES
Flour, Or SKIS. ..................
Dakota farmers' leader. (Canton, S.D.) 1890-19??, 1910-04-29
Broke I'm Horse-thiet Gang.

Clark Pilot Review: Royal G. john
son, a candidate for the republican
nomination for the office OF attorney
general in the forthcoming primaries,
is a native son Of South Dakota. He
was born, reared and educated in u
state, having attended Yankton col
lege for a time and later the law de-
partment of the University Of South
Dakota. At the University he distin-
guished himself as a powerful and
versatile athlete, being proficient in
all sports. He was also prominent
for his scholarship, being a hard and
successful student and a debator OF
considerable ability. Since he has
been in the active practice Of law,
Mr.. Johnson has been for two terms
states attorney of Hyde county, dur
ing which time he has successfully
conducted many important criminal
cases, among which was the proSecu-
tion of a notorious gang Of horse
thieves which had invested that part
Of the state for years, and it was by
his able effort that the gang was
broken up and the leaders sent to
the penitentiary. Mr.. johnson is a
capable and energetic man with a
fine record and his candidacy should
be well received.
Dakota farmers' leader. (Canton, S.D.) 1890-19??, 1910-04-29

m the matter or the lmIrarIon n
of Europe DR.. Wiley is close
indeed to the mark for in a recent num-
Der of the Bulletin of the Commercial
Museum at Rio de Janeiro is to be found
some interesting figures upon this very
state of affairs. The Bulletin says:
There are 1l6 factories in France
engaged in making imitation coffee, 72s
in Germany, 56S in Austro-H Hungary, $50
in Italy and a few in other countries OF
which no official figures may be had.
Their product is made from figs, beans,
acorns. barley, burnt sugar and waste
cereals, and they turn out over a billion
pounds a year, employing more tran So
600 workers"
That there was a similar industry in
the United States at least is known, for
two years ago the Federal authorities at
New York turned back an italian ship
with a cargo of dried olive stones con-
signed to a Pittsburgh firm, and to be
used presumably in making coffee substi-
tute. The French Chamber of Deputies
is about to pass a law fo%rbidding the
sale in France of coffee save in the bean,
and green, and it is not impossible that
similar action will be taken here.
Dakota farmers' leader. (Canton, S.D.) 1890-19??, 1910-04-29
Subscribe for the LEADER.

John J. Serum one Of the Highland
township pioneers has moved to Can
ton and with Mrs. Serum occupy their
handsome cottage on second street
between Judge Kennedy and Post
master Smith. Haran Serum, one of
Mr.. Sorum's sons, will manage the
old homestead farm an6 he will do it
we'll.
Mrs. John. Mile and daughters
Marion and Blanche left Monday for
Lennon and from there go down to
Bixby, where Marion will file on a
Mr.. Mile is engaged in
the land business at Lennon and is
meeting with success Mrs. Mile
spent the winter with her mother
Mrs. d. S. Waldo, Of this city, and at
Bixby she will meet her daughter,
Mrs. Osbon, who is the wife Of the
editor of the Bixby Journal.
Dakota farmers' leader. (Canton, S.D.) 1890-19??, 1910-04-29
Sioux City Daily Journal
Forty Years Old.

The Sioux City Daily Journal OF
April 10, contains more history OF
interesting events that took place in
1870, than we have read for many
years. Our first visit to the Journal
office was in December 1869, when we
we're on our way to Yankton to pur'
chase the Union and Dakotian, then
owned by Mcintyre & Foster. We
found George D. Perkins busy at his
desk then as we have always found
him ever since.
That splendid historical issue tells of
many events of SURPRISING interest to
this writer, because Sioux City and
Yankton in 1870 were neighbors with
a IS mile stage route between, but 90
miles we're nothing then. Dan Scott,
John Brennan, Andy Wall, Dan Har-
nett, Dan Hedges and others thought
nothing of the drive for exercise, and
John Brennan came to Yankton in
1870 to help elect Armstrong to con-
gress.
John Currier, a famous Sioux City
lawyer of that time came up to 4ank-
ton to prosecute Gen. FroSt's town
site claim against Gen. Todd and
Todd threatened to kill Currier in
the court room and the trial ended.
This edition with fine pictures Of
Geo. d. and Henry Perkins, E. w.
Caldwell, j. f. Stahl and Dan Scott,
takes us back to the days when we
we're getting initiated into the ways
of western journalism.
Henry Perkins was the most genial
gentleman l V met and the only
one of the Journal force mentioned
that has passed away. Geo. ID. Per-
kins labors as hard today as he did
then and published one of the best
newspapers in the entire west. E. w.
Caldwell is still with the Journal and
as happy and genial as when w first
met him at the head of the Journal
job rooms in 1870. His hair is a tritle
grey but the smile and "heIlo'' is still
there. Mr.. Stahl is a publisher at
Madison and Dan Scott is among the
millionaire real estate boomers of
Sioux Falls.
Forty years ago Sioux City was a
boomer and the Journal has led in the
progressive strides of that metropolis,
and George d. Perkins is the man
who made the Journal a power for
good.
Dakota farmers' leader. (Canton, S.D.) 1890-19??, 1910-04-29
NEEDLESS ALARM OVER THE
COAL LANDS
Present Situation Looks as il Some
One Was Burying a Talent in
a Napkin

A writer in the New York Sun has re-
duced the entire Alaska coal land situa-
ton to a nutshell and an easily under
stood form as follows:
"The controversy concerning Secretary
Ballinger is over the legality of thirty
three claims aggregating $3.50 acres,
known as the Cunningham claims, which
it is believed if patented would fall di-
rectly into the hands of the so-called
Guggenheim interests that are building
railroads through the glaciers, opening
the copper mines and, generally speaking,
turning an ice-bound wilderness into a
richly productive territory. We are to-
day proud of the fact that this tract
which cost us originally $1,000, 900 has
already returned to US 1920, OOOO, 900 of
products, but do we stop to consider to
what extent capitalists like the Guggen-
helms have been instrumental in that re-
suit? 1t has now been admitted that the
~Guggenheims would have, so soon as it
could be legally done, a half interest in
these thirty-three claims, furnishing in
return the money for their working as
well as a railroad for the transportation
of the coal.
"Here is really the main point. I see
much commentator for CLAWS and Pin
chot and others for saving the vast
coal supply of $50 acres from falling
forever into the hands of a monopoly,
thus shutting out the people. I do not
recall that any of the critics nave taken
the pains to indicate what proposition
these claims bear to the total Alaskan
coal deposits. 1t is not related that there
are SIT other claims in this and $50 in
the Matanuska district awaiting devel-
opment by their owners, who are individ-
ual claimants, over 100000 acres in all,
not one of whom can proceed until the
machinery and transportation are at
hand. The only capitalists out of many
who have been approached who have
been willing to advance money, energy
and brains in a daring venture to open up
a vast source of industry and turn a new
useless commodity into a thousand chan,
nels of prosperity are those who are
placed upon the defensive and accused Of
being monopolistic, when as a matter Of
fact their prospective interest is but one.
half of a small percentage of the whole,
The rest are the people, approximately
10000 of them who are directly inter.
ested and several million indirectly. To
balk this interest which will furnish CAPT.
tai and transportation, the entire Boring
River district, with it's potential 500, OOO,.
600 tons of coal of a gross value OF
5000, OOO, 900, although the people pay a
trust price for coal ali over the country,
is conserved as carefully as the one talent
wrapped in a napkin and buried in the
EARTH