The Alaska daily empire., 1921-01-05
SIDNEY JACOBS BOOSTS JUNEAU
 TO OREC0N|ANS
Gives Description of Juneau And Resources to Portland
 Journal Man.

.fBy Fred Lockley in The Port
 land Journal
 GA strong plea for the develop ment of Alaska is here presented b, MT .Lockley, quoting bushes! man of Juneau who knows the re sources of that country and wha' is needed to develop them.)
 MT. and Mrs. Sidney Jacobs ol Juneau are guests at the Hote Portland. MT. Jacobs is a business man of Juneau and has been there eight vears- Juneau, with its soon population, is not only the capital If Alaska, but also the metropolis If that vast and rich Territory.
 Juneau has more than one string to her bow" said Mir. Jacobs. The mining industry probably ranks first, then comes fishing, and then, .hough possibly not in the order l mention them, come the tourist business, timber, waterpower and agricultural resources. Tho Alaska IGSll Hllilco, ioCubNh II" hCs aree miles from Juneau; the AL ska Juneau mine. within the city imits, and the Alaska Treadwell nine. just across Gastineau channel nd about two miles from Juneau, re our big producers and have giv- n us the name of the Gold Belt
 ity. These mines are saiG to be he lowest grade gold mines in the world. The first two have capacity or crushing 15,000 tons of rock laily The ore runs from $l to S1.75 in gold values per ton.
 With the increased cost of pro luction due to labor scarcity dur ing the war every manufacturing plant passed the increased cost on to the consumer by raising the price of it's product to take care of the increased cost of labor and ma terials, but the product of our r;nes-gold-ha to remain at the same value as before the war, so that the cost of production had to come from the profits previously se- cured by the stockholders of the mining companies. The government did not raise the price of gold, so the mining industry has been hard hit by the higher cost of produc- ton. These mines employ approxi- mately 2000 men, so our lunch I,t ic and we rank high as a payroll city.
 H* - Ain.#
 "The Alaska Gastineau and the Alaska Juneau mines represent an investment of over $S,00O, 900, while the Alaska Treadwell mine cost around $3,000,000. The old Treadwell mine consisted of three workings, or mines-the original Treadwell, the Mexican and the Ready Bullion. In the tunnels of the Treadwell and the Mexican mines, which ran under G2stineau Channels and at right angles from the main shaft, at a depth of about 25OO feet, the engineers had block. ed out over $10, 1000 of ore values. Almost without warning the roofs of the tunnels collapsed and the sea rushed into the work ings. As Gastineau Channel at the point of submergence is over 1000 feet deep it can readily be seen that the s10,O00, 900 worth Of blocked out ore has been written off the books and transferred to Neptune, or Davy Jones, or whomsoever owns the depths of the sea. While we have gold mines with very low grade ore, we also have gold mines where the ore runs very high in value. The Chichagof gold mine, on Chichagof Island, which is about 40 miles to the northward of Sitka, has ore that runs $40 to $280 per ton. It produces about '$1,000,O00 a year.
 We have 20 salmon canneries within a 4O-mile radius of Juneau. These use Juneau as their base of operations and source of supplies. During the canning season many thousands of men come from Oregon and Washington to work in our salmon canneries. In the past we used Chinese labor to a much great CT extent than at present. As the wages paid run from $5.50 to S7 day, and as board and lodging can be had for $1 a day. the work attracts many college students who put in the summer vacation profit ably.
 Lying about 150 miles from Ju' ncau are the famous halibut banks of which you have read and heard so much These banks are fished by independent fishermen. Let us say a man owns a fishing boat He leases it to group of fishermen. Suppose three fishermen go out on the banks. Tn dividing the catch enc fifth is given to the boat and one fifth to the owner of the boat, and one fifth is taken by each of the three fishermen. In other words, the boat is always given the share of one men and the owner is also