Seward daily gateway., 1927-08-12

 tive period that the building and completion of the Alaska Railroad from Seward to Fairbanks, and the founding of Seward as it's ocean ter minus and gateway, are the results of my initiative and work and per- severance through all the tempestu- ous years from 1902 to 1923.
 There were vicissitudes in the &C., complish1nent of that undertaking, as usual and inevitable in poineer adventures, but at every crisis the burden and the responsibility of re- Iviving and continuing it fell upon my shoulders.
 The successive slag1s in the pro-. gress and evolution of Seward ard tl4e Alaska Railroad take outline substantially in th,s form and order:
 1902: My corceiving and organiz- ing the Alaska Central Railway Company, raising the money to ex- plore and survey a route, and man. aging that survey and adopting it's route, from Resurrection Bay to the Tanana River;
 1903: 3:-Founding of Seward and building of railroad dock and ter minals;
 1903-E E-5:--My taking the contract 1 to bui+ 412 miles of the Alaska Gen. tral main line from Seward to the Tanana River through the agency of the Tanana Construction Company, which I organized and owned, and the building of the first section o1 the railroad to Kenai Lake under that contract, with financial backing tof Chicago capitalists, the E. A. Shedd Syndicate.
 l 1905:-My sale of the Panama Con- struction Company to Frost & Os- borne of Chicago and Toronto, and with 1t control of the Alaska Central, lin a contract binding them to con- plete the Alaska Central, at figure giving principal and substantial prof it's to myself and all my financial packers and associates; 1 05-6-7:-Continuing of construc- ton under Frost & Osborne owner ship, with the backing of the Sover- Ii iegn Bank of Canada, to ,Turnagain Arm;
 19O7:-Failure of the Sovereign Bank of Canada in the panic that gripped Canada and the United States, and with it failure of Frost 1 & Osborne and their Alaska Central; 1 1s0S-9: -9:-Reorganizatien of the AL 1 taska Central by the receivers of the Sovereign Bank of Canada into the Alaska Northern, and their futile eff forts to refinance it; 191O-15:- Practical abandonment of the reorganized Alaska Central Alaska Northern by the Canadian owners;
 1910:-Notice to me by New York bankers owning the Copper River & l lNorthwestern Railroad that they would not allow the Alaska Central 1 to be extended to the Tanana valley, after I had undertaken to rehabili- tate it;
 1911-12-13:-My countering that notice with a campaign to have the Government build system of rail- roads in Alaska;
 913:-Contests and rivalries be- l fore Congress involving many Alas 1 kan towns and groups of interests over Alaska Railroad legislation; l 1914:-Success of my campaign in passage by Congress of the Alaska Railroad Act,~the bill I had support ed,> in preference to others; 1 1s14-15:-Active and keen rivalries by many towns and interests, includ- ing the powerful New York bankers who owned the Copper River & North western Railroad, the Alaska Steam boat Company, and three lines of transcontinental railroads terminal ling at Seattle, over the route of the Alaska Railroad to be designated by President Wilson, with myself alone championing the Seward-Susitna route.