The Alaska citizen., 1911-07-17

l''i anu ''stl llltll hfES tt lIlt' W 'li III thereby
 Too much attention should not be paid to the coal party at Cordova.' CordOva is the hOtbed of Guggen- haimism in Alaska and the very men who protested on the wharf al Ger dova against the '1hrottling of Alas ka' are the ones who make surrep- titious visits when in Seattle. tO the bowman building. the home of the | Guggenheim heads.
 The lines that go beneath the surface connection with the lOca- 'igns of the Katalla or Boring sea | coal lands are many: their ramiti- | cations a,e deep and tangled and they end no man knows where. but few who understand the plot that | is being carried out mp north today | will d.uht that the ownership of the coal lands, if the outrage is not | stopped. will rest eventually in the | house f Guggenheim The poor | devils. who were induced to file on | the claims originally and have now l drifted away. did not have $"23 ."oo 10 gamble with on locations. The i Guggenheims did.
 A K. BeatsOn found the biggest | copper mine in Alaska. but he was | handicapped by shelter complica- rions and the Guggenheim's control of the smclters. hence he was forced 10 sell and the Guggenheims are now ! operating the property.
 | The skeleton of the present Alaska 1 steamship holdings was owned orig 1 finally by modest f0rtuned men. The 1 juggernau. of Guggonhem appeared and the small owners were abs rhed.
 The early day miners who Gol in on the Gold Run and the Cru . ger in the Yukon could stay only for awhile and Guggcnheim dredges n9w i work the rich pay dust on those creeks.
 Occasionally. in Gugeenhcim cir l cles. one hears an argument Df this 1 character: The Guggenheims hay" | expended more than $2o,oo0,ooO ill 1 ilaska. Should they net have rc- 1 turns therefr2m?" They should in | deed be allowed to receive moi alone fair. but fat dividends from their cX- | ponditures. for in Alaska there is | let il be granted for the sake of l settling the contention the sooner
 more CT less risk entailed in invest mcnts. but can any sane person | honestly satisfy his CT her mind that the Morsan.Gugeen syndi- 1 cate. which controls the following C ,mpauies: The Northwestern Com mercial company, Northern Commer- cial company Northwestern Devel- opment company, the North Coast 1 i,,l,t ,p. l., 1 company, NOrthWe stern Fisheries company, Yukon Gold company, Ken nrcDDt Mines company. Yukon Coal company. Alaska Steamship company, Copper River Railroad company. 1 Copper River X Northewesteru Railway company. has not long ago amply been repaid for the risks talk Il in placing their investments in Alaska? Since from one single inter est the Northwestern Fisheries com pany. they have made more than $G.0o0.00 alone
 A country that has. within the memory If the middle-agcd men. sent her millions from the beach and tundra of Nome; fortunes from the plaCers of the Panama, Rampant. Eagle and the lditarod; untold wealth from the TieadwelI and Southeastern Alaska. and here ne mention is made of the enormous treasures derived from the fur and ivory, is too rich a section to be left 10 the Spoliaion of barony of mining pirates and an indifferent set of governing federal officials. At this very hour the Guggen- helms control the transportation in and out of Alaska, and if the ccal and copper lands are turned over 10 them there will be no inducement for independent companies to attempt to enter the district, as there will be nothing for them to carry in the vessels.
 Taking for granted the estimated value of ccal in Alaska at $225 a ton. at the mine. and relying on what Alfred H. Brooks, head of the
 United States geological survey, has said about the amount of coal thele is in Alaska now discovered, 15,104, : JOO.O00 tons. there would be a sales realization at the prevailing market
 price of coal of something like S600.- Oo0,Go0, and if the fight against the
 fraudulent coal land entries fails the cOiferS of the Guggenheims will
 be enriched goodly portion of this gigantic sum.