“That’s the Treadwell mill you are lookin’ at over yonder on Douglas Island. It has an output of gold that runs upwards of eighty thousand dollars a month. The first gold ever found in Alaska was down at Sitka in 1873, but it was old Joe Juneau, a French-Canadian prospector, who showed that gold could be mined here in payin’ quantities.

“At that time another prospector named Treadwell who was in this district had loaned a little money on some claims over there and finally had to take them for the debt. Later on he bought French Pete’s claim which lay next to it for the magnificent sum of five hundred dollars; and these claims which he bought for a mere song are the great Treadwell mines of to-day. I blazes! There are some other mines in this district and since Treadwell took over the original claims the output of gold has been to the tune of a hundred million dollars and the end is nowhere yet in sight. I blazes!”

“Do you mean to say, Mister Dease, that gold is mined over there like coal?” asked Bill, thereby exposing his ignorance.

The grisly prospector looked amused but he recalled the time when his own ideas of mining gold had been just about as vague.

“You see, boys, gold is found in several ways up here. Sometimes it is ’bedded in quartz when the ore, as it is called, has to be mined and then crushed in a stamp mill to get the gold out; more often it is found as free gold, dust and grains and bits of pure gold mixed with the dirt when it must be panned, that is, put in a pan and the dirt washed away and then the gold, which is the heaviest, falls to the bottom of the pan, and again,” he lowered his voice to make what he was about to tell them more impressive, “nuggets of gold are picked up from bits the size of a pea to chunks as large as my fist! I blazes! It all depends on the locality.”

“These diggin’s here are quartz mines and the ore is of mighty low grade—only a couple of dollars in gold to the ton of quartz. To get this gold out the quartz, or ore, is crushed in a mill called a stamp, and the Treadwell has the largest number of stamps of any mill in the world—upwards of two thousand, I blazes!”

Grizzly Hank paused for a moment to get a fresh start.

“Go on Mister Hank, we’re listenin’ with both ears,” urged Bill.

“As you were saying—” Jack paced him.

“As I was about to say,” continued the prospector, who was every whit as appreciative of his audience as it was of him, “when Treadwell began to take out gold, old timers all along the coast clear down as far as ’Frisco heard of it, came up and pushed further north believing that they would find other lodes of gold bearing ore and they believed right, I blazes!