A'oska Hist
No. *2*
TENTH YEAR
SKAUWAY, ALASKA, WEDNESDAY OCTOBER 23. 1907
PRICE 10 CENTS
GOV. HOGfiin
MUSI FACE
501 SERIOUS
CHARGES SOON
CLAIM MADE IT
HE IS GUGGEN
HEIM'S AGENT
IN VALDEZ MESS
(United Press Telegraph-Cable Service.)
Valdez, Oct 23? Frank Young, one of the
leading officials of the Alaska Home Railway
company, has made serious charges against
Governor Hoggatt, In them the Governor is
openly declared to be the "Rubber Stamp'1 of
the Guggenheim interests and that he has
been retained to defend the Guggenheim com
bination at Catalla and Valdez. Able attor
neys have been employed to assist the rail
roaders who are charged with participation
in the recent riots over right of way m Key
stone Canyon, and a protest against Hoggatt
signed by hundreds, is to^be filed with Pr^si- ?
dont Roosevelt. Charges will also be made
against the action of the governor in taking
so active a delense of the Guggenheim affairs
while in court.
The riot trials, which are in progress, will
not be, concluded before the end of the week.
The testimony is very conflicting and the pre
sence ot the Governor and his desire to aid the
larger interests is having a bad effect on the
entire matter.
PANIC SWEEPS COUNTRY
(United Press Telegraph-Cable Service.)
Xew York, Oct. 23? Four branches of The Knicker
bocker Trust Company failed to open their doors this morn
ing. Crowds of depositors formed in line at daylight and a
run was imminent at all of them. The police reserves have
been called out to prevent demonstrations. The bank car
ried $62, 000. 000.00 in deposits. The hardest hit of all
depositors are the moderately well off business men who pat
ronized the bank. No statement has been given out.
W ashington, Oct. 23 ? By order of Secretary Cortelyou
large amouuts of money are being advanced to the banks of
the county to assist them in averting a panic which is on.
Pittsburg, Oct. 23 ? When the hour for the opening of
erning Directors announced that upon request of the Clear?
ing House Committee of the city banks, the Stock Exchange
would remain closed for the day. It was given out that a
money shortage- might brings sans on many of the local
banks and that, while the institutions were safe, a financial
scare would thus be averted if the Exchange was allowed
to remain closed.
Gold fields, \ev., Oct. 28 ? The State Bank and Trust
Company of this place did not open this morning. Depos
its amounting to $3,000,000.00 were carried.
Carson City. Nev., Oct. 23 ? A run was started this af
ternoon on the State Bank and Trust Company of this city,
the Stock Exchange arrived this morning the board of Gov
a branch of which institution was closed at Goldfields yes
terday. A million dollars has been withdrawn up to this
hour ('2:30 p. m.).
San Francisco, Oct. 23 ? Statements received by the
Clearing House here show that Western banks are not ef
fected by the complications which are resulting in New
York today.
New York, Oct. 23 ? Secretary of the Treasury Cortel
you arrived here yesterday and is looking into the scare
prevailing in local circles. In a statement to the stock ex
change the Secretary stated that all speculators and gam
blers, masquerading as bankers, must be driven out in
order to preserve the stability of the country.
NOME REPUBLICANS WILL GO SKAGWAY ONE BETTER IN THE JUNEAU CONVENTION
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Seattle, Oct- 23? Nomeites arriving on the
steamers have but one slogan "Home Rule."
When speaking of the action of Governor
Hoggatt towards the residents' of Alaska,
they tell people here tlfat all the North coun
try has "the ax out for Hoggatt". From
conservative sources, it is apparent that the
Nome country and the Tanana districts will
control the coming convention at Juneau, and
that the Skagway resolutions adopted recent
ly in which Hoggatt was denounced will
likely be exceeded in severity by the Juneau
convention
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