The Alaska daily empire., 1915-07-28

FOR ALASKAN
 DEVELOPMENT I
 The following article from the New York Journal of Commerce of July lS win be of general interest to Alaska and throughout the Pacific North west;
 "Wan Street believes that J. P. Morgan & Co.,. the Guggenheims and other capitalists are considering comprehensive plans for development work in Alaska.
 What has prompted steps in this end, it is said. are conditions brought about by the European war Accord ing to rumor these plans call for an increased output of copper and oth- CT metals. railroad development Co be worked in conjunction with the construction of the United States government lines and additional steamship facilities from the tide water terminals of these railroads to the metal smelts at Tacoma and the great metal consuming districts of the Atlantic coast of the United States and Europe through the Pan- anna canal
 These interests have already talk en over large copper properties, in- cluding the Beatson Copper Company, and are expected to acquire others. The purchase of the copper proper ties is being affected through the Kennecott Copper Corporation. con trolled by the Morgan-Guggenheim interests.
 Kenneeott Mines
 Here follows short description of the Keunecott company. which was told of at length in the Monday Morning Financial section Of July 5. The Journal then continues:
 "The Kennecott mines are among the largest properties in the world, their output alone. 1t is said, having been more than supported the Cop per River & Northwestern railway. which was built some years ago from Cordova to Chitina. with a branch line from there to Kennecott at a total cost of about S14OOO.OOO. From Chitina there is a militarly wagon read Co Fairbanks. 300 miles away, the metropolis of Interior Alaska, and 1t is known that for years the Copper River S Northwestern railway consid- cred the extension of its railroad along that road. but was halted by the attacks made on Alaskan railway promoters in connection with the pol itical fight for the national conserya tion or coal resources.
 Want to Avoid Friction
 Meantime the United States gov ernment plans for greater railroad development in Alaska are moving fast to successful conclusion. It is the intention of the American capi. talists who are entering the Alaskan field on such a large scale to work their plans in entire harmony with the plans of the government. doing everything possible Co prevent the re- entrance of the friction between gov ernmental and private interests which have held back the growth of Alaska to date.
 with the building of these rail- roads those familiar with Alaskan conditions predict that the interior of the vast northern territory will be transformed into a region in which smelters. manufacturing companies and various industries will abound and in which there will be cities sim liar to those in the United States, with houses and schools instead of the mining camps existing at pres ent and in which agricultural re- sources will be developed on great scale.
 Unlike the coast region. the i'm. terior of Alaska. instead of being bleak. and dismal, is a great agricul- tural districts of Norway and Sweden. which are inhabited by so large a population.
 Transportation Facilities
 ITO meet this great development. steamship lines from the tidewater terminals of the railroads will be necessary. It is these steamship fa- cilities which are provided for in the Morgan line running betwkeen Alaska and the Pacific coast states. This is the Alaska steamship line. and from the Pacific coast states the Morgan interests have recently established the Panama and Pacific line through the Panama canal to New York, while the Morgan lines across the Atlantic are too well known to give a descrip- tion.
 Tt is thus seen that the Morgan interests already have steamship lines in operation affording practical ly through connections from Alaska to Europe In recent weeks steam ship owners and certain shipyards have received inquiries regarding vessels suitable for the Pacific States-Alaska routes.
 President Eccles, of the Alaska steamship line. said yesterday that his line has not put out such inQuir ies. despite the reports crediting the inquiries to his company That the inquiries are being made in be- half of the Morgan interests is the belief of steamship officials who have