The Cordova daily times., 1922-04-01
%ROSPECTORS of America, oldtimers
 P preferred are wanted everywhere in


 A Alaska Every one of them will be welcomed with open arms They are the hope of the Northland. The surface barely has been scratched, to use a common expression, ana fortunes incalculabIe await the sturdy pros pectors who can find a grubstake for couple of years. Conditions now are more favorable than ever for these pioneers and still greater inducements are planned for the near future
 Men like Ray Stewart are needed badly, es- npcia]lv in the Copper River Railroad district Mr. Stewart is an oldtimer, who was ln the Yukon in 1893, and made his stal1e-more than $100000-in the Dawson country ln 1858. lie lived outside for awhile, en- toying his money but finally began to yea1n for the treasure fields of Alaska. He returned two years ago and went to Mayo, through Mccarthy ano down the White He soon located a rich silver lead and bonded it for $500OOO, of which $25,- GOO was paid cash in advance Now comes the best part of the story---
 Mr. Stewart devotes his leisure while out side learning more about minerals, testing, etc., at the University of Washington, where he is now with his son. acknowledge IS pow er.'' he declares. He certainly IS turning It into riches He is expected to come north th1s month his friends say. and can tell an 1n- spirng story, if he will
 The University of Alaska, opening this sum- mer, should develop the best mnlng school m the world, with long courses in engineering tor the students of the rising generation and short courses for the prOspectors and others. Every body in Alaska should learn how to recognize the different precious minerals and how to make tests. Many men, perhaps, are walking over fortunes every day in different parts or Alaska for only few can recognize some or the precious metals and Indications of thelr presence, such as platinum, radlum (pltch- blendp). rubies and diamonds.
 In 1900 eleven prospectors, Srubstaked at Valdez, agreed that all should share equally in whatever one might find. They scattered out in the Copper River Valley, and Clarence Warner and Jake Smith located the Bonanza conner mine When the sale was made all of the eleven shared equally in the money ana the prubstakers received their share. Had they been financially able to develop and operate their mine, each today had been multi 'ml- Honaire. Eight of the men, it is said, rece1ved $22OOO apiece; three held on for awhile ana obtained more. All were "well heeled' as a result of their discovery.
 Jake Smith was also the discoverer ot the Mother Lode, together with Oscar Sal ana Oscar Haglund.
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 Think of the millions of dollars in immediate ,onrns. and the incalculable profits yet to come from the prospecting of those eleven men! Future generations will profit most perhaps. |.
 One of Alaska's greatest problems is to devise ways and means of grubstaking large number of prospectors giving each plenty or time at least two years, and minimum or 5000 per annum It takes two or three years for a prospector to get definite results.
 Outside, perhaps, can be found hundred "good sports,'' who have the means to enter into prospectors' combine, each putting Ill 5000, like the packers of the famous eleven at Valdez They could send out fifty or more prospectors, all trustworthy veterans, all to share equally in whatever one might find 1t