The Alaska daily empire., 1913-01-15
Clubs
 Banquet Great Success
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Continued from Page 1)
 Silver Bow basin district back of Juneau, and on the north.
 The Aux bay district continuing on through the Peterson properties.
 Montana basin district
 Eagle river and Yankee basin dis trict.
 The Berners bay district.
 From these areas a production in gold at the present time shows that the district south of Juneau has pro duced in the neighborhood of $1,OOO,- 900; the Treadwell lode system on Douglas island approximately $5OOOO,- OOO; the Silver Bow basin district, 5000 ,OOO; and the mines north of Ju- neau, about $2,OOO,OOO. Or total of some $56,OOO,OOO. By far the greater part of this has been produced from the lode system This showing all ready gives the district a substantial standing, and particularly so when it is taken into consideration that there has been a constant and gradual in- crease in the yearly output, culmin- ating in last years output of four odd millions of dollars"
 Mir. Thane referred to the difference in the character of the ore found in the various localities, though the gen. eral resemblance is striking, the gene sis ofall the deposits being the same, Special features of the Juneau gold belt are found in the fact that through out the whole Pacific Coast this is one of the few places where the min cral zone lies directly and adjacent to the natural channels of water trans portation; and the high mountains form a hanging wall of the lode sys- tenn, act as a bulwark to the moisture of the ocean and creates conditions al- lowing a heavy precipitation which, in turn becomes valuable as a cheap and abundant power. "A third character said Mir. Thane," is that the lode sys- tens so far as determined have such metallurgical characteristics as to permit of simple and easy extrac- tion.
 These extraordinary working costs permit of working ore, under the right conditions, that will show an extrac, ton of not over s2.OO per ton"
 "On the other hand, small stringers
 and veinlets of high grade ore, which cannot be worked in themselves, scat, tered over large areas is a condition which we have in this district, and which makes up the large deposits now being worked and developed. All of these special features just men, toned have a strong bearing on not alone the present history of this dis trict but it's future For example: the life of the deposits, on account of their size, will be great.
 "It may be confidently expected that some of the deposits already devel. oped will be working for upwards of a hundred years from what is at pres ent known of them.
 From the standpoint of the mer- chant, mines of this character as against high grade deposits allow him to build and develop along natural and substantial lines without fear that the bottom may drop out with the work ing out of a high grade body of ore.
 From the standpoint of the miner ( and the workingman, as against the qiuck and easy returns in a high grade camp, followed by a shifting , of his position and occupation, he can, if he will, determine to definitely set tie in this given area, build his home and bring up his family, feeling that ais work and his future rest on sub 3tantial foundation.
 The present gold ouput of the dis .rict for the year is approximately < ,our millions so that something over < .wo millions is now being paid direct { o labor and this does not consider he new money which is going into equipment and development work but 'efers only to present output,
 What the Work Means. "As an example of what large, low grade mine means to the laboring man nd the merchant, can take for an $ illustration the Treadwen group of { hines. This group to date has milled 3 ome 21,OOO,OOO tons of ore and pro- 2 uced over fifty millions of dollars $ n gold and silver Out of this amount $ 22,2OO,OOO has been paid out in the 1 orm of salaries direct to labor, and : 100000 has been paid out in equip. 2