The True Life Story of Swiftwater Bill GatesBeebe, Iola
History
The True Life Story of Swiftwater Bill Gates
Beebe, Iola
Gates, Swiftwater Bill, -1935; Klondike River Valley (Yukon) -- Gold discoveries
Swiftwater struck gold from the very first. He located No. 13 Eldorado,
and had as his neighbors such well known mining men as Prof. T. S.
Lippy, the Seattle millionaire, who left a poorly paid job as physical
director of the Y. M. C. A. in Seattle to prospect for gold in Alaska;
Ole Oleson; the Berry Bros., who cleaned up a million dollars on two
and a fraction claims on Eldorado; Antone Stander; Michael Dore,
a young French-Canadian, who died from exposure in a little cabin
surrounded by tin oil cans filled to overflowing with the yellow metal,
and others equally well known.
Swiftwater’s ground on No. 13 Eldorado was fabulously rich--so rich
that after he had struck the pay streak, the excitement was too much
for him and he forthwith struck out for the trail that leads to
Dawson. And now I am about to reveal to Alaskans and others who read
this little book a quality about Swiftwater of which few people had
any knowledge whatever, and this shows in a startling way how easy it
was in those halcyon days in the Golden Klondike for a man to grasp a
fortune of a million dollars in an instant and then throw it away with
the ease and indifference that a smoker discards a half-burned cigar.
Swiftwater, as may well be imagined, when he struck the rich layers of
gold in the candle-lit crevices of bedrock on Eldorado a few feet below
the surface, could have had a half interest in a half dozen claims on
each side of him if he had simply kept his mouth shut and informed
those he knew in Dawson of the strike, on condition that they would
share half and half with him. This was a common transaction in those
days and a perfectly legitimate one, and Swiftwater could have cleaned
up that winter beyond question $1,000,000 in gold dust, after paying
all expenses and doing very little work himself, had he exercised the
most common, ordinary business ability.
Instead, Swiftwater, when he struck Dawson, threw down a big poke of
gold on the bar of a saloon and announced his intention of buying out
the finest gambling hall and bar in town. Dawson was then the roughest
kind of a frontier mining camp, although the mounted police preserved
very good order. There were at least a score of gambling halls in
Dawson and as many more dance halls. The gambling games ran continually
twenty-four hours a day, and the smallest wager usually made, even in
the poorest games, was an ounce of gold, or almost $20.
When Bill laid down his poke of gold on the bar of a Dawson saloon--it
was so heavy he could hardly lift it--he was instantly surrounded by a
mob of thirty or forty men and a few women.
“Why, boys!” said Swiftwater, ordering a case of wine for the thirsty,
while he chose appolinaris himself, “that’s easy enough! All you’ve got
to do is to go up to Eldorado Creek and you can get all the gold you
want by simply working a rocker about a week.”
Public-domain text, read in full here on John Shaqi.
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