History of the United States from the earliest discovery of America to the end of 1902 . In December, 1898, Ethan Allen Hitch-cock, of Missouri, succeeded Bliss. Fortunately forthe new Chief Mag-istrate, who had beenannounced as theadvance agent ofprosperity, the year1897 brought a re-vival of was due in partto the end, at leastfor the time, of polit-ical suspense andagitation, in part to the confidence which capitalists felt inthe new Administra-tion. The money strin-gency, too, now be-gan to abate. Theannual output of Russell A. Alger, Secretary of War. the world s goldmines, w
History of the United States from the earliest discovery of America to the end of 1902 . In December, 1898, Ethan Allen Hitch-cock, of Missouri, succeeded Bliss. Fortunately forthe new Chief Mag-istrate, who had beenannounced as theadvance agent ofprosperity, the year1897 brought a re-vival of was due in partto the end, at leastfor the time, of polit-ical suspense andagitation, in part to the confidence which capitalists felt inthe new Administra-tion. The money strin-gency, too, now be-gan to abate. Theannual output of Russell A. Alger, Secretary of War. the world s goldmines, which had for some years beenincreasing, appeared to have terminated VOL. V.—13 Cornelius N. Bliss, Secretary of the Interior. ^ i P % » -^ .,.i 194 EXPANSION [i8g7. James Wilsnn, Secretary ofAgriculture. the fall of general prices, prevalent almostincessantly since 1873. Moreover, contin-ued increase seemedassured, not only bythe invention of new-processes, whichmade it lucrative towork tailings andworn-out mines, butalso by the discoveryof several rich aurif-erous tracts hitherto unknown. The valley of the Yukon, in Alaska andthe adjacent British territory, had longbeen known to con-tain gold, but nonesuspected there a bo-nanza like the SouthAfrican Rand. Inthe six months nightof 1896-1897 an oldsquaw-man made an ^.„„.„^,.„^^„^^,„,.,^c«,.^,„,, d. 1 . •! Postmaster-General Gary, ented strike upon the Klondike (Thron-Duick or Ton-dak) River, 2,000 miles up the Yukon.
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