The daily Nome industrial worker., 1917-05-26
THE OUTLOOK.

Nltn the approach or the opening of navigation most people here be- gin to take survey of the situa- tion. That is generaly taken from a business point of view and good many are taking what may be term cd a pessimistic view of things.
 It has to be admitted that so un- certain has the war made things that it is very difficult to forecast what will happen.
 It is extremely likely that money will be tight as far as outside capital is concerned, because of the demand for it in other lines which nre very profitable just now On the other hand as profits are to be highly taxed it is quite possible that some may desire to invest in undertakings which presently may not prove remunerative but later on may be worth whole lot That there are such ventures to be f1oated in this section this coming summer is not known, with the exception of the power project in the Sawtooth with which Stone ct al, have been con nected.
 As far as actual mining is con cerned it is difficult to foretell any, thing. Given lots of water and a rainy season there will be no de crease in the) productivity of yellow metal mines3But the season here Is more or less of a gamble any way and too uncertain a factor to con slider.
 Fewer new dredges are likely to be built, but those which will be will be of somewhat larger capacity than those of other years.
 There is no doubt but that there will be considerable independent mining on a variety of creeks, but this will not be very important and as few wage workers will be em- ployed, there will be no appreciable effect as far as this is concerned on local conditions.
 River harbor will be built this sum mer is not so remote. But govern ment work is always slow in male- rializing and it is not to be wond- cred if the preliminary surveys are alone effected this season, even if the harbor is approved by Congress and the necessary appropriation made.
 Whether there will be any money forthcoming for the Alaska Road Commission it is impossible to say ing been eliminated in the previ- ous sessions, and 'as this session is devoting itself more or less ex- clusively to war measures, there may be none.
 But this will be somewhat set off by the territorial appropriations available for the Divisional Road Commission, approximately fifty thousand dollars. Relatively a small amount will probably be spent in the immediate neighborhood of Nome, the outlying camps which are practically rcadless, notwith- standing their growing importance, receiving attention.
 The growth of Dime is to be a great help to Nome and as the growth of the Koyuk country is as- .sured, there is no doubt that it will take considerable supplies from Nome upon the opening of naviga- tion as well as throughout the open season.
 As far as Marshal is concerned little is likely to come of it. By all accounts the camp is to peter out this summer unless something addi- tional to Willow creek is found and in any event Nome merchants showed so little enterprise in spreading out to Marshal that other centers will get almost all the bus mess
 Nome business men have chased many will O the wisps while they have passed over many opportuni- fies. Even yet they seem to fail to realize that while Nome as placer mining camp is so ricketty as to need powerful stimulation in the