Canada and NewfoundlandCarpenter, Frank G. (Frank George)
History
Canada and Newfoundland
Carpenter, Frank G. (Frank George)
Canada -- Description and travel; Newfoundland and Labrador -- Description and travel
Joe Boyle also staked a timber claim ten miles in length and extending
through and beyond the area of his mining claim. Everyone laughed at
his mining proposition, but he had to fight for his timber. As soon
as news of his application got out his competitors at Dawson saw
the authorities and had them require him to stake out the whole ten
miles of his claim. This stipulation was made at three o’clock on the
afternoon before the last day in which the title could be perfected.
Boyle started on foot that afternoon and tramped all night, wading
through swamps, blazing trees, and driving stakes to define limits. The
work was exhausting, but he kept on until he thought he had marked out
not less than fifteen miles. He got back to Dawson at nine o’clock the
next morning, only to find a number of men ready to jump his claim if
it had not been staked. When the area was measured according to law,
it was found that his stakes fell short only twenty feet of the ten
miles allotted. Boyle put in saw-mills and made money out of his lumber
and wood. He got from this same claim the timbers needed in his gold
dredging.
His lumber profits gave Boyle the money he needed to approach
capitalists about financing his mining concessions. He first formed an
alliance with the Rothschilds, by which he was to have one third and
they two thirds of the stock. The understanding was that they were to
furnish the money, amounting to some millions, and that Boyle was to
manage the property and superintend its development.
Then the Rothschilds tried to squeeze out “J. W. B.” They questioned
his title and planned a reorganization. Boyle carried the matter to
Ottawa; he fought them in the courts, where he got a judgment in his
favour for more than six hundred thousand dollars. The Rothschilds then
offered him a million dollars for his share of the stock. He refused
and in return made them an offer of four hundred thousand dollars for
the two thirds they held. At first they laughed, but they finally
reconsidered and accepted his proposition. Boyle then formed another
corporation, the Canadian Klondike Mining Company, by which name the
property is known to this day.
This company owns leases from the government of Canada that give it
the right to work the lower valley of the Klondike up to the crest
of the mountains on both sides of the river. The greater part of its
holdings lie in the wide bed between the hills through which runs the
swift-flowing river. At a distance it looks like farm land and when
the concessions were granted much of it was covered with gardens. It
had been cleared of woods by the first miners, who, it was generally
believed, had stripped the soil of its gold.
Public-domain text, read in full here on John Shaqi.
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