Show CANNOT COUNT HIS HONEY alexander mcdonald king of the klon dike not only is not insolvent but has so much money it is almost a hopeless task to compute it says the alaska miner such is the report brought out by a shrewd business man who left mcdonald about fifteen days ago and is a partner with him in I 1 his many enterprises the report is not only absurd but is malicious said this gentleman mr mcdonald went into dawson anwa in march ach and his business affairs were never in better shape since then he has purchased five claims on sulphur creek at from to each he owns a whole or a fractional interest in seventy five claims on sulphur bonanza eldorado and dominion creeks and there one wildcat among them every single claim is turning out a profit daily and instead of borrowing money mr mcdonald is loaning it rates used to be at ten per cent per month but any one with good security can get all the money he wants of mcdonald at two to three per cent per month the so called news of mcdonalds Donalds Mc insolvency had not reached dawson when this gentleman left and when it does reach there there will be a great laugh the idea of a man being broke who does not owe a dollar and whose cleanup clean up for the winter work amounted to is something decidedly funny since he went to dawson in march mcdonald has paid in royalties to the canadian government and besides his daily deeds of charity has made a donation of cash to the catholic church and hospital his income is continuous and he does not have to wait for the result of a winters work in a spring cleanup some of his best paying claims are summer diggings and his pack train of mules comes into dawson regularly once a week loaded down with gold the fact is mcdonald is so wealthy it is ia impossible for him or anyone else to make a close computation of his holdings besides his gold he has large improved holdings in real estate that bring in a splendid income the person who started the story of his insolvency simply did so to try to injure the credit of one of the richest best most generous and highly respected men in alaska mr mcdonalds Donalds Mc friends in juneau do not need these assurances but they are none the less gratifying he will visit this city during the coming month |