THE
McCarthy weEkey news
Entered as second class matter. Septem
ber 17th, 1918. at the lost Office, a
McCarthy. Alaska, under the Act o
March 3. 1879.
C. O. Marwood Editor
R. Marwood Circulation Manager
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Saturday, Jan uary16, 1926
OLD CHANNEL
IS FOUND
CROW CREEK
The uncovering of an old
river channel, which lies above
and parallels the present Crow
Creek channel, and that the anc
ient stream bed carries the rich
gold run, is the fe^lad news brou
ght south from the Crow C-eek
region, Kenai peninsula, this
week by Frank Whitney and
Mrs. Whitnay, who are concern
ed in gold quartz properties in
that section.
The old channel has been
crosscut for a distance of some
seventy feet without reaching
the rim on one side. The ground
is rich. Whitney, who saw the
old channel at the point here
the miners were uncovering it
by the hydraulic method, says it
contains a neautilui wash gravel |
and is a perfect river bed.
The disco vet y gives rise to
great possibilities for Crow
Creek, lor n tow appears that i
the old channel is the one that
had the original gold run and j
the present channel received
only the * spill-over from the
ancient stream bed.
GOV. GEO. PARKS
SAYS ALASKA
IS PROGRESSING
SEATTLE, Dec 2'2.— Gover
nor Geo. A. Parks while on his
way to Washington to confer
with the President and comment
ing on Congressman Free’s plan
to tear up the Alaska Railroad,
said:
“Alaska is holding its own
in population, and the coming
year promises to show good in
crease ol permanent residents.
“A number of gold strikes
have been reported and there
has been considerable develop
ment, not only in the mining
industry, but in other fields of
industry. The legion in tiie vie
mity of Fairbanks has shown
the greatest development in
mining in the past year one j
company alone having already
spent over £1,000,000 on a placer
mine project that entails an ult
imate expense of nearly £10,000,
000 m ktie construction of canals
and development of electric
power to operate the placer
mines. Very good showing of
0 th quartz and placer gold
have been uncovered in the Anch
orage district which together
with the coal mining promise
well for that vicinity.
*'jn southeastern Alaska
the development oi' the Hyder
district is going aheau steadily
but surely ana that camp will
ultimately be one ol‘ the richest
and greatest oi the Alaska min
mg sections, in the district
surrouuuing Ketchikan, which is
but a tew miles from i-lyder by
direct line, promising new mines
ha*e been opened up and several
older mines are producing.
‘*lhe new policy oi the ted
erai forestry uepartment to go
mg out alter capital to develop
the puip industry also promis
es to be fruitful for the territory
and tne establishment of one or
two pulp mills, the first cf
which probably will be in ti •
southeastern section, will add
materially to tne already prosp
erous conditions in the Panliand
ie.
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