HYDER WEEKLY HERALD
Established 1924
Published Every Saturday at the Herald Building,
Second Avenue, Hyder, Alaska.
Chas. F. Sandford.. Owner and Publisher
Entered as second-class matter at the postoffice at Hyder,
Alaska, under the act of March 3, 1879.
SUBSCRIPTION RATES.
By mail, postage prepaid, at the following rates t
One year in advance..
Six monthi in AdvRiica
One month in advance. ... -
Single copies ..
$5.00
$2.50
... .50
.. .10
. ADVERTISING RATES.
Transient Display Advertising, per inch, per issue.$.50
Minimum Charge......1.00
Heading Notices, per line, per issue .. *20
Notice of Forfeiture, single claims, 14 issues. $15.00
Notice of Forfeiture, additio nal claims, each $2.60
Applications for Patent, 10 issues, per line, .50
Other legal advertising not specified, per line, .15
Unlfcss otherwise agreed, all transient advertising is pay
able in advance at specified rates.
Note—Extra charge will be made when unusual compos
ition is required.
NOTICE TO ADVERTISERS
Changes in Display Advertising for current weekly issue
must be presented not later than the Wednesday evening
preceding the day of issue (Saturday) or insertion will
be delayed until the following week.
AN INDEPENDENT NEWSPAPER
Tnis newspaper is not connected in any manner with any
stock brokerage firm or other establishment associated in or
interested in the sale of mining shares and publishes no in
formation relative to local mining development that is not be
lieved to be in full accord with fact.
TIMELY SUGGESTIONS
The suggestions offered last
week by Mr. E. D. Haddon of
the Bank of Hyder in his com
ments on the Cantu deal, are
distinctly timely and deserve
the close consideration of not
only the prospectors of this
region but of all who are inter
ested in local mining develop
ment and the welfare of the
district.
As pointed out by Mr. Had
don, the first requisite to early j
development of the numerous
local “prospects” or undevel
oped mining claims is a closer
appreciation of the difficulties
of local mining and more co
operation between claim own
ers and those who seek to de
velop mines.
Mr. Iladdon did not in any
degree overshoot the mark in |
declaring that the terms de j
manded by local properly own-1
ers are not such as to attract I
mining investors or induce in-!
terest in local development.
To put it plainly in our own !
language, the local claim own- j
ers display too little willing-,|
ness to give the prospective de-1
veloper a just and fair bargain
in return for his efforts and
expenditures and in many in
stances that have come under
observation have shown no
willingness whatever to take
and equal chance with the op-}
erator on the future of the j
property. To the casual observ- [
er it seems that their attitude
is one that savors too much of
“whole hog or none” policy to
incline capital to take an inter
est in their properties.
Without financial assistance,
the prospector, as a rule, can
do but little toward developing
or opening up his ground. Save
in unusual instances, his devel
opment activities must be con
fined to a mere, superficial
scratching of the surface and
tells little or nothing respect- j
ing the true extent of the ore'
bodies. The characteristics of
the ores below the surface,
their underlying dimensions
and the depths to which they
go—all matters of supreme im
portance to the prospective in
vestor— are seldom resolved
by the prospector alone and
their resolution must depend
upon the acquisition of outside
capital. In view of this ultimate
contingency, it is to the interest
of the prospector and claim
owner to make every possible
effort to induce some one with
means to open up their proper
ty and determine its value as
speedily as possible. But, as in
dicated by Mr. Haddon, this is
not at all likely to occur if the
claim owner insists on large
initial payments and exorbitant
terms.
It is indeed, as he succinctly
declared, “unsound business”
on the part of mining investors
to place themselves in the po
sition of having to make large
payments on an undeveloped
property before the ground
-an be opened up sufficiently
to determine whether or not
the purchaser can reasonably
expect a fair return from his
investment.
We do not mean to suggest
that the claim owner is not en
titled to a good price for his
property. He is assuredly entit
led to a fair price for his efforts
:n discovering and locating it.
But so also is the purchaser or
developer equally entitled to
know whether the ground is
worth the price asked for it
and whether he can expect a
fair return for his efforts and
expenditures in its develop
ment and exploitation. And by
no method of reasoning can it
be called fair to ask him to pay
unjustified prices or to make
heavy initial payments while
spending large sums to deter
mine whether it is worth a for
tune or nothing at all.
The sooner local prospectors
realize this and see the wisdom
of making their leasing and
option terms more in keeping
with good business practice, in
stead of attempting to squeeze
all they can out of the develop
er at the very start of negoti
ations, that much sooner will
they and the country make
progress and achieve prosper
ity.
The maxim of the world's
greatest mining aggregation,
as quoted by Mr. Haddon, ac
curately presents the attitude
of practically all present-day
mining investors who know
their business. They are quite
willing to pay "a million for a
mine,” wherein they know they
are practically sure to get a
fair return for their money,
but consider an unproven pros
pect not worth the investment
of even one dollar, owing to
the certainty that they must
spend a large amount in prov
ing the value of the property,
without the slightest assurance
of receiving one penny in re
turn.
The folly of expecting that
the people who develop mines
can be induced to pay small
fortunes as initial payments on
raw prospects must be realized
by our property owners if the
district is to make progress.
In the opinion of all who poss
ess a clear view of the local
mining situation, the main
drawback to development has
been the difficult terms and
frequently wholly unwarrant
ed price s demanded in the
past. And this condition will
probably continue until oui
claim owners appreciate the
fact that no one can be expect
ed to hand them large sums foi
the privilege of developing c
i property and then proceed to
spend a small fortune to find
out if the first expenditure
was justified.
Just for Fun
“You’ve got nothing on m€,”~
coyly remarked the artist's
model.
DEFINITION
Food for reflection:— The
good dinner that you missed
Some folks take a back seal
for a time before going ahead
That’s better than reversing it
If you are scrupulous about
your duties you needn’t worry
about the rewards.
Take care of the dimes and
the interest on the dollars wil.
take care of you.
Tommy T. opines that the
reason that we all like castles
in the air is because we have
never lived in them.
Within a few weeks we will
again be face to face with the
annual need of a home for fee
ble and broken resolutions.
Daughter: “I heard a good
joke today.”
Mother: “Let’s hear it.”
Daughter: “Wait till Daddy
leaves the room.”
Another rare girl these days,
according to Ed. Reynolds, is
the one who expects men to
turn their heads when she
climbs over a fence.
“Well, well, so you are going
to marry your wife again, after
divorcing her only a few
months ago 1”
“Yes, I am—after I heard her
lawyer’s description of her at
the trial I immediately knew
she was the only woman in the
world for me.”
The groom (immediately af
ter the ceremony): “Phew! I
nire
lift.'
ir was so rattled in all my
Ihe bride: "And you seemed
sccool and collected. Oh, Bob,
hfw could you begin deceiving
rre at the very altar?”
"hey tell about a man down
*<juth who was so dumb he
want.and cut .down all the
s)ade trees in his yard when
his wife told him she wanted a
little son.
Imagine the feelings of the
lady who wrote to a newspaper
doctor seeking advice about a
fatty tumor, only to have it ap
pear in the paper that she had
a fatty tummy!
Farmer: “I am surprised to
find you. a Boy Scout, in my or
chard.”
Apple-laden youngster: “Well
I thought for bnce, sir, I’d do
myself a good turn.”
The Life Insurance Agent
A lion-hearted felliw is the
life insurance chap.
A cold, repellent sort of look,
he doesn’t mind a rap,
We slip him and we dodge
him with thg'cunning of Iago,
We coach the help to tell him
we have moved on to Chicago,
We warn him we are bank
rupt, not a dollar toA^name,
We even claim to have hali
tosis, but he gets us just the
*ame.
ALASKA NOTES
Culled From the Newspapers
Of the Territory.
Jack Gale, 54, old-timer of
he Nome region, passed away
•ecently in Seattle, after being
aken ill on a steamer enroute
rom Nome to that port.
The airplane Queen of the
Yukon No.2, which plunged in
o the Yukon River at Mayo on
November 4, killing its pilot,
Patterson, has been recovered
'rom the stream with the body
>f the dead pilot and the mail.
Patterson was apparently
tilled instantly by the fall, his
leek being broken. The plane
vas badly damaged.
Bids for the construction of a
hydroplane port at Ketchikan
have been called for, accord
ng to a recent announcement
>y Territorial Highway Engin
*er Robt. J. Sommers. The city
sf Ketchikan and the Territory
have jointly put up $12,000 on
a 50-50 basis to defray the ex
pense of the work.
The promotion of Mrs. Flor
ence Oakes from the position
of stenographer to that of sec
retary to Gov. George A. Parks
was recently announced.- Mrs.
Oakes succeeds H. G. Watson,
former secretary to the govern
or, who resigned several weeks
ago.
The freighter Depere of the
Alaska Steamship Co., went
aground off' Cape Decision,
Southeastern Alaska, recently.
The vessel was enroute from
Cordova to Ketchikan via the
outside passage. No passen
gers were on board the big
ship, which was loaded with
copper ore.
A mountain on Baranof Is
land has been named Mt. Ann
ahootz in honor of Annahootz,
famous Sitka-Indian chief wh
was noted for his friendliness
to the whites in early Ameri
can-Alaska days, according to
a recent announcement of the
United Stat es Geographic
Board. The mountain, situated
about 2y<t miles from the shore
at Nakwasina Narrows, on the
west coast of Baranof Island.
WATCHES! WATCHES!
Waltham 17 and 23 JeweU
Hamilton 19 and 21 Jewels
Elgin 7 and 15 Jewels
Wrist watches, Waltham, El*
gin A Hofes, $12.50 to $25.00
Jewelry made to order, repair
work Anything in jewelry fur
nished on short notice.
Crosley Radios on Hand. Come
In And Look Them Over.
THE NUGGET SHOP
PORTLAND CANAL LODGE
,1218
LOYAL ORDER OF MOOSE
Meets Second and Fourth
Thursdays
Second Thursday in Hyder
Fourth Thursday in Stewart
PROFESSIONAL
^Srrnst plue
^ttontcg at ^ato
JTgber, .Alaska
FRANK A. METCALF
CIVIL ft MINING ENGINEER
U. & MINERAL SURVEYOR
JUNEAU ALASKA
CHAS, F. SANDF3RD
NOTARY PUBLIC
HERALD OFFICE
6E0RGE R. GRIGSBY.,
Attorney - at - Law
KETCHIKAN, ALASKA
*
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Operating M. V. Fairbanks, Carrying U. S. Mails
, FREIGHT and PASSENGER SERVICE BETWEEN
HYDER and KETCHIKAN
Leaving Ketchikan 9 A. M. Tuesday
Leaving Hyder 2 P. M. Wednesday
Hyder Dock Company, Hyder A&ents
A. J. MAYER P 0 BOX 123
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HYDER ALASKA
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