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CHITINA. ALASKA.
Cordova Office: Dally Alaskan
Published every Saturday by
WILL A. STEEL XAHBT O. STEEL
Editors, Managers aad Proprietors
O. B. BEEBE TT, City Editor
ADVERTISING RATES:
Made know n upon application. They
will be found reasonable for the ser
vice given.
Application has been made to the post
oftice department for the entry of this
newspaper as second-class matter at the
postoffice at Chltina, Alaska, under the
act of Congress of March 3, 1879.
CHITINA, SATURDAY, JAN. 28, ’ll
LET US MINE
OUR OWN COAL
SOUTH AMERICA LOOKS GOOD.
The centennial commemoration of
the Argentine Republic during the
past year, celebrating its one hun
dredth birthday as a free state and
doing honors to her heroes, who
fought, lived and died in her war of
independence of 1810, is still fresh
in the minds of the public. The
country at the present time called
the Argentina was discovered by
Juan de Solis while looking for a
passage to the Pacific in 1508; he
sailed up and explored the Kio de la
Plata and again in 1526.
Following him came Sebastian Ca
bot, who explored the Parana and
Paraguay rivers in 1526.
Pedro de Mendoza in 1536 found
ed the first settlement, now known
as Buenos Ayres, but it was shortly
afterwards destroyed by Indians, and
in 1576 Juan de Garay was appoint
ed first governor of those provinces
by Spain.
In 1810 the war of independence
against Spain broke out, headed by
Don Manuel Belgrano, General Jose
de San Martin and Admiral Gueller
nio Brown. The Spanish troops
were defeated on land and water,
but it was not until 1814, when
Spain finally was obliged to abandon
the fort of Monterido, their last
stronghold in the River Plata prov
inces.
South America has of late been
interesting the American public to
the extent of establishing a Bureau
of South American Republics in
Washington, D. C. Although these
sister republics owe, one might say,
their lives, in a sense, in the past
years, to the United States (i. e. the
Monroe Doctrine), the commercial
relations are not great. Now, al
though the Latin-American republics
have been slow both in material and
intellectual progress in the past, the
Argentinas can at least look with
pride over their hundred years of ex
istence as a free state. The other
nations must realize what wonderful
development that country has gone
through in the last hundred years.
If the Argentina goes on at the pres
ent rate of progress she will in the
near future be a rival to the United
States for the supremacy of the
world in the value of exports and the
winning of foreign markets.
Now the Europeans have been
more interested in the past in the
progress of South America and there
were very few publications in the
different countries of Europe that did
not have from time to time articles
dealing and discussing the present
outlook of affairs in the Argentina
and other South American republics.
Especially the Italian economists,
who have taken the lead in attempt
ing to point out the Immense possi
bilities that both labor and capital
may find in the southern republics.
Professor E. Lorini has recently
published an article in the “Nuova
Antologla” (Rome), which contains
a reliable account of the substantial
attainments of the Argentina, its
wonderful prospects and still more
wonderful advancement during the
last hundred years
WJth a population of scarcely six
million of people, her exports for
the year 1909 were nearly four hun
dred million dollars against three
hundred million for imports. The
exports of the Argentina are nearly
all from “the soil,” as one might say.
Wheat to the extent of nearly four
million tons; maize (corn) over a
million tons, and the same quantity
of flax.
Of the other products there were
200,000 tons of wool, 200,000 head
of cattle, over 200,000 tons of pre
served meat and 30,000 tons of but
ter. The total production of butter
. of the republic was 80,000 tons, and
these exports are forever on the In
crease with a rapidity that is amaz
ing.
The following table, which Dr.
borini says he compiled from official
figures in each case, will give an idea
of the foreign commerce of the Ar
gentina with the leading nations of
the world:
Imports. Exports.
Belgium .$12,753,373 $35,775,188
Brazil . 7,285,946 15,693,578
England . 93,371,004 78,324,723
France . 26,436,917 28,913.730
Germany . 37,847,076 34,751,994
Italy . 24,913,248 7,907,857
United States .. 35,507,396 13,023,238
From 1870 to 1874 the amount
of coal consumed in the Argentina
for industrial purposes was a little
over 300,000 tons. Thirty years lat
er, from 1900 to 1904, the amount
of coal consumed was over five mil
lion tons; and later on, during a
period of only two years, 1905-1907,
the total reached the seven million
mark.
Political unrest has in the past
been the main drawback in check
ing or boosting the internal and for
eign trade of the Argentina. Dr.
batzina, one of the leading econom
ists of the country, has calculated
the economic progress of the repub
lic accordin to the term of office
of each president as follows:
Increase in mil- Per
lions of dollars. Cent.
Mitre, 1862-1868. 359.13 3.0
Sarmiento, 186S-'74—. 557.67 5.0
Avellaneda, 1874-’80... 559.92 5.5
Roca, 1880-'86. 879.65 10.0
Juarez Celman,1886-'92 1,303.35 13.0
Saenz Pena, 1892-'98.. 1,269.63 12.0
Roca, 1898-1904...1,937.71 19.0
Quintana, 1904-’10.3,491.75 34.0
Argentina has a net work of rail
roads at the present time, with a
mileage in 1907 of over 15,000
miles. Since then the Trans-Andean
road has be n completed, carrying
passengers from the Atlantic coast
to the Pacific coast. In 1865 there
was in operation about 200 miles
of road that carried a mill'on pas
sengers and about 80,000 tons of
freight. In 1907 the passengers
numbered over fifty million and the
freight twenty-seven million tons.
Professor borini does not want the
Argentina to be developed only by
foreign capital. The really sound
progress of the Argentina (so says
the professor) will not be securely
of gold to pay interest to foreign
capital is gradually displaced by lo
cal enterprise. The yearly exodus
of gold to pay interest to foreign
concerns doing business in the Ar
gentina is little shon of appalling.
The following figures speak for
themselves: Money going to Eng
land, $56,679,274; to France, $4,
514,086; to Germany, $4,371,718; to
Belgium, $3,421,601; to Italy, $495 -
112; to Spain, $312,095.
This is self-evident. No figures
are given for the share of the Unit
ed States. What is the matter with
our industrial concerns? Why
shouldn’t we have a share of the gold
from the Argentina, as well as the
other countries?
RICHARD GALbAND.
■-XXX
INDUSTRIAL CONDITIONS.
Industrial conditions are improv
ing from day to day. The principal
feature of the market for the past
week has been activity in mining
and mining stocks. S. Blum & Co.
filled a large outfitting order for the
copper properties of the Northern
Development company and other
mining operators in the interior are
beginning to figure with local mer
chants on their outfits.
The Northern Development com
pany and other big operators of the
Copper River valley have heretofore
always purchased their supplies from
the outside and sledded them in ov
er the winter trail via Thompson’s
Pass. Now that the railroad affords
them an easy and quick means of
transportation, they are beginning to
realize that Cordova merchants are
in position to furnish them outfits
of any size at just as good, and some
times better rates, than quoted them
in Seattle. ThiB means that Cor
dova is coming into its own as an
important shipping and commercial
center. It has every favorable fa
cility for supplying a large trade ter
ritory in the interior and to the
westward and there is no reason why
any one wanting supplies should go
to the expense and trouble of or
dering them from the states. More
over the local merchants, being fa
miliar with tfye needs of the trade,
are in the best position to satisfac
torily fill orders. The consumer has
direct recourse in case any goods are
substituted in place of those ordered
and providing outfits are carelessly
packed. Naturally, as the volume
of this outfitting business increases,
local merchants will be enabled to
give buyers still better rates.
Next month court will open in
Cordova and that will put into cir
culation some ready cash. From
now on the boats from the outside
will be crowded with Alaskans re
turning to their homes, and with
strangers and investors seeaing new
fields by reason of the pbenominai
mining activity around Valdez and
Cordova. A little later a heavy tour
ist trade will set northward, and
Cordova will be on the tourist map
this year. The fact that Cordova is
the port of entry for all of the over
land travel to the Tanana, to the
Iditarod and to^Nome, as well as the
best winter route to the headwaters
of the Susitna and the Kuskokwim
is another powerful trade leverage.
There is every reason to believe that
the summer mails for the interior
will be routed through Cordova also.
The real estate market in Cordova
at the present time is firm. A large
number of people have listed busi
ness and residence property with the
Northwestern Realty & Trust Com
pany, but with a very few exceptions,
they are asking substantial prices.
The few exceptions are people who
have become largely interested in
promising mining ventures and wish
to sacrifice their business in order
to devote their full time to the oth
er, or people who must have the
money or who are preparing to go
outside.
As already stated, it is no spec
ulation to invest in Cordova real es
tate. The minute the coal question
is settled, prices are bound to dou
ble. It will mean the immediate
construction of a branch line from
mile 42 to the coal fields, and the
construction of coal bunkers and the
establishment of other large improve
ments on the tide flats. The fact
that Cordova is the only United
States sub-port north of Juneau,
means that all of the coal must clear
from this port. Following the min
ing of coal, naval coaling stations
will be established, a smelter is al
most a certainty and many other
plants and industries will be locat
ed here.
While the mining stock market is
active, the public is well supplied
with stocks and not too keen to buy.
It might be said there is an “over
production”; in other words, too
many companies have been incor
porated for the actual showing made.
The public, on its part, is becom
ing more discerning and is not so
anxious to buy everything offered.
Buyers have a right to and are de
manding of incorporators to explain
in detail what they have, what they
intend to do with the money and if
they are in position to carry out their
part of the contract in good faith.
The law, it may be said, is very
strict, regarding any one who in
tentionally or otherwise evades a
moral obligation to partners in a
concern. In other words, to those
buying stock, and it might be well to
call a halt before it is too late. Soon
er or later, there is bound to be an
accounting, for inquisitive investors
will want to know wlJat has become
of their money.
The mining stock market has
reached that stage now where a good
many people want to unload. But
with hardly an exception, they are
asking a price that will give them
a margin of profit over what they
paid for their stock. The Northwest
ern Realty & Trust Company is now
busy securing reliable data, as far
as possible, of all of the companies
which are selling stock to the pub
lic, what is being done on these
properties, who are at the head of
them, their surface showing, the
amount of development work, if any,
etc., with a view of being in a posi
tion to advise patrons to the best
of their ability regarding the merit
of the different propositions offered
the public.—Cordova Alaskan.
The Handy Mining Company is the
name of the latest incorporation that
has secured a bunch of twenty claims
at McKinley Lake, which the pros
pectors say is most advantageously
located. This property joins the
Lucky Strike mine and the Rice
groups.
The surface showings are very en
couraging and the company intends
to start work immediately, in driving
more tunnels, having already spent
considerable time in prospecting the
ledge. In order to carry on the de
velopment the company will put a
small block of stock on the market
in the near future.
GEO. DOOLEY
General Commission Merchant
Agent: "j Agent: 2
Armour’s Hot Drink Supplies Fire Extinguishers
Kahn Bros. “Monogram” Royal Typewriter Co.
“What We Haven’t Got We Get”
New and Second Hand Goods Bought and Sold
ALASKA STEAHSHIP CO. j
Fastest and most commodious steamers sailing between
Cordova and Seattle.
Sails from Seattle— Sails from Cordova—
“ 8.ALAMEDA.16
Jan. 16.VICTORIA. \ 24
Jan. 24.ALAMEDA..Feb. 1
Feb. 1....""....VICTORIA.Fed. 9
This company reserves the right to change schedale or
steamers without notice.
Tickets on sale at up-town office Alaska Steamship Bldg.
Baggage or freight will not be received at dock later than one
hour before sailing time.
R. J. BARRY, THOMAS J. TALLENT
Ticket Agent.
. i i
: Buy Your Clothing at the Home ::
Store and Save the Freight
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» « >
■» «»
• > «»
O i •
We Will Sell You Everything
AT CORDOVA PRICES
.. . >
.. «>
<» < -
< > <>
il FINKELSTEIN & SAPIRO II
«* i »
• » it
CORDOVA MEN’S OUTFITTERS ! I
• > Chitina, Alaska. 1 1
iiJust Open j
i ———^■ i
.
Billiards - Pool
CIGARS
i • .
Confectionery
.
Soft Drinks and
■ ■ • *
Solo Tables
■ * « •
* 1 — ■ »
' ' « ■
i: Bowling Alley !i
11 —J < •
|| TIBBS BROS. ||
*■>»♦< H IH*I 1 II I I
Send Your
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i Job Printing
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To the
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: Chitina Leader ::
OWL CAFE
FINEST MEALS IN* TOWN
ROOMS FOR LADIES
NICE CLEAN BEDS IN CONNEC
TION.
Noodles and Chop Suey
ii FEED STABLE ii
.. < •
<. • •
< ■ — ..
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ii HAY AND GRAIN ii
ii FOR SALE ii
• i First Class Accommoda- •'
ii « i
!! tions for Stock, Steady or !!
;; Transient. : j:
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i i———— • »
:: h. CHAMBERLAIN, Prop, i:
< ■ «>
♦ I IIH*********** *********
CM ROAD HOUSE
Mile 133
C. M. F. COLE, Proprietor
♦ »♦♦♦♦♦♦♦♦♦♦♦♦♦♦ ♦♦♦ ♦♦♦♦♦♦-♦•
L°g 1
jj Cabin
<► - ►
| Restaurant ;;
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<► —-:
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GOOD COFFEE 1
<» Y
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+♦♦♦♦♦♦»+♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦♦
. 44W»W»H4HH»W4H* ■
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Chi tin a Laundry ::
: and Bath House ::
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NICE HOT BATHS
» < »
: Good Work
» • »
Guaranteed
• i >
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. i.
I i Branch Office and Barber \ |
> Shop at Stringer’s. . >
. . .
. . .
• . .
: JOHN RAWSON. Prop, j
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ED. S. ORR STAGE GO.
/ _
Leaves Chitina
TUESDAYS,
FRIDAYS
and SUNDAYS
Carrying Passengers Express
and U. S. Mail
Office in Hotel Chitina
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