HOT SPRINGS POST
Published Every Saturday at Hot Springs, Alaska,
Vol 2 BY CEO. M. ARBUCKLE No. 20
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Post ’Phone—One Long and Three Short Rings
GUARANTEE OF RAILWAY BONDS
Several years ago the United States congress enacted a
law whereby the interest on bonds issued by railroads, con
structed by privaie individuals or corporations, in the Phil
ippines, is guaranteed for a term of years. So far as our
information goes, says the Katalla Herald, this law has
been productive of positive results. Railroads have been
built, and are building, and remote districts have been
brought in touch with the marts of trade and commerce,
and the substantial development of their resources has
begun.
Attempts have also been made to secure the passage of
a similar law applicable to Alaska. But so far little pro
gress lias been made, for one reason because it was opposed
by powerful railroad interests already building in Alaska,
and because the proponents of a railroad-bonds’ guarantee
law were somewhat divided as to the scope and extent de
sirable in such an enactment. In the meantime we believe
there has been a crystallization of public sentiment in this
respect, since it is palpably evident that if the great Alaska
interior is to be developed within a reasonable time the
building of railroads is sine qua non to the opening up of
the country.
We do not know of a line of railway that has been pro
jected in Alaska that should not pay its stockholders hand
some dividends within brief a time after its completion.
Indeed, we know of more than one Alaska railroad which
paid for itself from the grass roots, so to speak, and which
have paid for themselves several times over. And the real
development of the country scarcely begun.
TAFT AND THE TRUSTS
The country is glad that Mr. Taft will give a good deal
of time to the study of the trusts before he recommends any
legislation touching them. “I hope,” he said, in his in
augural, “to be able to submit, at the first regular session
of the incoming congress, in December next, definite sug
gestions in respect to the needed amendments to the anti
trust and the interstate commerce laws, and the changes
required in the executive departments concerned in their
enforcement.” As a preliminary to this work he says a
“reorganization of the Department of Justice, of the Bureau
of Corporations in the Department of Commerce and Labor,
and of the Interbtate Commerce Commission, looking to an
effective co-operatipn of these agencies, is needed to secure
a more rapid and certain enforcement of the laws affecting
interstate railroads and industrial combinations.”
Mr. Taft sees this is a large task, and he intends to go
slow in dealing with it. In the next seven months he and
the legal experts in his cabinet will give attention to this
question, and the country may expect an announcement of
policy in the message next December which will be able to
say something for itself. The great consolidations of in
dustry and transportation which have taken place since
1890 were not dreamed of by any of the framers of the
Sherman antitrust law of that year. The activities of the
country are more than twice as large in volume as they
were then, and their control has passed into fewer hands.
Manifestly the question of legislation to deal with this
vast industrial expansion requires the best thought of the
most skillful thinkers in the country. The act of 1890 has
done a good work in protecting both the people and the
combinations. The concentration and consolidation which
we see in all branches of activity is a world-wide manifesta
tion. All industrial countries have it. It affects capital
and labor, employers and workers, and operates in all fields
of endeavor. This movement is a little more pronounced
% in the United States than it is elsewhere because this coun
try’s development is more rapid than is that of any other
locality in the world. Here is one of the most difficult is
sues with which the country will have to deal. The stabil
ity of the general trade and the welfare of the people de
mand that it be dealt with intelligently,
Several satisfactory cleanups during the past week on
Sullivan creek has created a general optimistic feeling
among the people of the camp, and with the heavy snow
and rainfall of Tuesday night, with prospects for more,
makes everybody more cheerful,
WILL YOU COME TO MY GRAVE
Will you come to ray grave
When my spirit has fled,
And beneath the green turf
I am laid with the dead,
Where the heart that once loved you
Is mouldering to clay,
And the worm of the churchyard
Is gnawing it away?
Will you come to ray grave
On the brow of the hill,
Where the wild mountain breezes
Blow dreary and chill;
Will you come when you hear
That most desolate sound,
The night-winds ’raid the rains
Of that hallowed ground?
When you come to me grave
And you think of the past,
May a veil of Oblivion
Forever be cast
O’er the faults and the follies,
Alas! not a few,
That so often, too often,
Were pardoned'by you.
And when o’er my grave
AH I ask ig a prayer
For the spirit quickened,
The dust lying there;
And when far from my grave,
That your prayfrs may not cease,
Till forever we meet
In the Kingdom of Peace. —Anon.
ELIOT ON NEGRO PROBLEM
Atlanta, Ga., May 8.—Presi
dent Eliot, of Harvard, said the
South is handling the negro
question in the right way, and
that racial mingling can only end
in ruin to both races.
Booker T. Washington was re
garded by Dr. Eliot as having a
much saner and better poised
view of the negro problem than
Prof. W. E. B. DuUois, of Atlanta
university, because Washington
believes that the negro should
first of all pass through a stage
of commercial and practical de
velopment before he attempts to
scale the plane of higher thought.
The negro cannot be expected to
be ready for all phases of civili
zation, only a few decades re
moved from the time when he
first began to enjoy civilization
as a free man. After 500 or 1000
years we may expect more sub
stantial growth.
WAS FOND OF LIMBURGER
St. Louis, May 8.—Two hun
dred guests of the Lemp Hunt
ing and Fishing Club at Alton
went through a trying ordeal
when they attended the club’s
limburger cheese eating contest.
. The difference between this
contest and the Salome dance is
that one doesn’t have to have
one’s eyes open to witness it.
Joseph Uhle won by consum
ing four pounds of the fragrant
from age, and Ed Trumble fin
ished a bad second with two
pounds to his credit. The prize
was a case of beer. Uhle is as
well as could be expected, and it
is thought tha$ fumigation will
save the clubhouse for future
Sunday afternoon functions.
WILL OPEN IN 6I8B0N
W. H. Straight, who has been
conducting the roadhouse at Pish
lake, on the Hot Springs-Gibbon
trail, during the past winter,
came to town last Saturday and
while here purchased the res
taurant outfit of Mrs. Moseley
recently advertised for sale in
The Post, and will remove it to
Gibbon where he will start a res
taurant.
Mr. Staight started for Gibbon
afoot on Sunday.
Miners’ shoes of many kinds,Treager
Whenever the devil feels the need of
a good, hearty laugh, he goes to the
cemetery and reads the tombstone in
scriptions.
Best line of shoes ever displayed in
Hot Springs is now at Traeger’s.
1 ‘All the Comforts of Home”
DOWN WHERE THE TANANA FLOWS
Howard's
SHORT ORDER CAFE AND LUNCH ROOM
BEST OF EVERYTHING
PLEASANT ROOMS
Kemperville
SIPP & DICKINSON,
THE PIONEER
Freighters
Can Move Anything
To Any Place
At Any Time.
Head Office, Hot Springs, Aka.
Telephone
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The
Sign
That gladdens
the eye of the
trail-weary pil
grim on his ar
rival in Fair
banks is that of
the
FRACTION
Sideboard—where only the best and
most recuperative I-iquors are di
spensed by skilled mi^o’^gists.
LOUIS SPITZ, PROP" FAIRBa*A$, AaA.
aS*4
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