23 Nov 1907
Page 1
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Newspaper
Seward Weekly Gateway
Location
Seward, Alaska, United States of America
Date
Nov 23, 1907
Page
1
Washington reports Roosevelt ordered 50 million 3 0 year bonds at 2 percent and 100 million one year bonds to shore up money markets. Telegrams pour in praising the action as the nation faces currency strain. No special currency message will be sent. the matter will be covered in the annual address.
New York bankers are accused by Secretary Cortelyou of hoarding funds and profiting from government deposits, prompting withdrawal of deposits from unfair banks. President Roosevelt invites governors to a three day conference in Washington to discuss conserving natural resources.
The steamship Mauretania docked here after storms kept her from making a record run from Queenstown. She carried twelve and a half million dollars in gold, confirming a swift voyage across the Atlantic. New York, Now
Captain Frank Worth of the steamer Nunivak reports Pete McGrath and partners mined 56 ounces of dust from a beach claim near Lahore on Gane creek in two weeks. He mentions a rumored rich strike on the Hatin joss and plans to seek a mouth of the Kuskokwim survey for a steamer channel. Worth expresses strong confidence in the country’s future and notes nearby streams as promising for gold. A separate item announces a pre glacial mammoth skeleton exhibit at the Alaska Yukon Pacific exposition. 14 cases are in Vancouver after discovery on Moresby Island, Queen Charlotte group, with the animal estimated at 35 feet high.
Delegates returning from the Alaska Republican convention in Juneau report Governor Hoggatt enraged by the action. He plans to travel to Washington this winter to block territorial government and veto any railroad subsidy legislation.
Captain Shefler arrived Monday night from Seldovia after a hard voyage bringing A. F. McCullum Duke Harris and J A Adams. McCullum and Harris planned to start for Matanuska coal fields while Adams went to survey Wharf coal lands. The Gina left Seldovia on the 5th to recover marooned men and faced three days of bad weather before heading to Seward.
The town of Fairbanks operates three banks with total deposits of 33.5 million dollars. The grouping highlights the local financial base and banking presence in the community.
J Pierpont Morgan met with President Roosevelt and Secretary Cortelyou in Washington on November 23 discussing a central government bank. Morgan stated he believed the Administration supported creating a national central bank and criticized government relief funds as aiding bank cash reserves rather than the broader public interest.
Idaho Bill and partner H Orseth report staking new quartz locations east of Cape Resurrection. They expect high silver and copper yields from a large ledge explored for six weeks with a shaft at the old property. Ore samples look good and will be assayed as mining prospects in the coastal area grow. The pair survived a rough voyage amid severe weather and high tides during prospecting.
Sam S. Kramer arrived from Knik with a native named Bill Dick charged with insanity after shooting at U S Commissioner John Goodell in his office. The jury at the morning inquiry ruled Dick insane and ordered commitment to the Mt. Tabor asylum in Oregon.
Territorial government for Alaska urged in annual message to Congress. Thomas Cale of Alaska met President Roosevelt, discussions on needed Alaska legislation. Guggenheim Morgan syndicate gains control of Northwestern entities including Alaska Steamship Company. Charles Peabody to head the new organization with broad executive changes planned across steamboat lines and offices.
W H Taft arrived in Wladivostock at noon yesterday and was received by the district governor and high military officials. He will depart by the Siberian Railroad for Petersburg tomorrow, escorted by a guard of honor and troops.
Samuel J. Gomper, president of the American Federation of Labor, states that an attempt by members of the Association of Manufacture to bribe him to drop the boycott case will be investigated. He notes the inquiry follows attempts to influence his prosecution effort.
The Steamer Yucatan left port at 8 30 a m Tuesday bound for Seattle after sailing from Seldovia. It was sent to relieve a dismantled barkentine loaded with salt semi cured salmon but failed to complete the task due to the absence of a tug at Seldovia and inability to reach the barkentine with a large boat. It was expected the tug Bina would tow the barkentine out.
Mr Nate White received a subcontract from Antone Hide to carry the Sunrise and Hope mail this winter. He arrived yesterday to arrange the winter work details.
Cable reports from Rome that a quake in southern Calabria damaged over 500 square miles. The town of Regio was destroyed and many lives were lost as residents fled in panic seeking safety.
Washington scene grows tense as the Guggenheims push to control mining ground in Alaska and the north. Nome Pioneer Press notes a vast lobbying effort to block Alaska legislation favorable to local interests, while Treadwell mines report dividends totaling 10,714,581 dollars and 5,046,000 in ore value for 1906.
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