"CREEDE, COL., April 5. "MY DEAR NEPHEWS:--I suppose you have been looking for a letter from me all winter, but the fact is I have been away from this vicinity since last December. A man from British Columbia wanted me to buy an interest in a gold mine at a settlement called Dunbar's, and I went with him. The mine proved to be worthless, and I left Dunbar's, and went to Victoria, and stayed there until three weeks ago. "While I was in Victoria, I ran across two miners whom I had met while at Fort Cudahy in Alaska. They reported that a new gold field had been discovered farther up the Yukon River, at a place known as Klondike Creek. There had been an exodus from Circle City and Fort Cudahy to this new region, and a camp known as Dawson City had been started. They said that there were about a dozen small creeks flowing into the Klondike and into the Yukon at this point, and that it was reported and proved that the entire district was rich with gold. "I was chary of believing the men at first, for I know only too well how many wild-cat reports start up in every mining camp. But a couple of days later I heard another report from Juneau, Alaska, to the effect that several miners had come down from this same territory by way of the lakes and Chilkoot Pass, and had brought with them over thirty-five thousand dollars in nuggets and gold dust, taken out of a place called Hunker's Creek, which runs into the Klondike. "From these reports, and from others which are floating around, I am convinced that they have at last struck the rich vein of yellow metal which I always believed would be located there, and I am now making preparations to try my luck again in that territory, and if you two boys want to go along and think you can stand the climate, which is something awful for nine months in the year, I'll see you through. I do not know how you are fixed for cash, but I have been lucky in Colorado, and I will pay all expenses, providing you will agree to remain with me for two years, working as I work, for a one-half interest in all our discoveries--that is, a one-quarter interest to each of you and a one-half interest to myself. The expense of a year's trip to Alaska by the route we shall take, over the mountain pass, will be between six and eight hundred dollars each, for we shall have to take nearly all our outfits--clothing, tools, and provisions--along. "I am now on the point of starting for San Francisco, and shall arrive there probably before this letter reaches you. My address will be the Palace Hotel, and I wish you to telegraph me immediately, at my expense, if you will go or not. Do not attempt to accept my offer unless both of you are perfectly well and strong and willing to stand great hardships, for the sake of what we may have the good luck to find. And if you do go, don't blame me if we are all disappointed, and come home poorer than we went.