With the beginning of the new administration the President's salary was
increased to $75,000 a year; that of the Vice-President to $12,000; and
members of the cabinet to $12,000.
From June 1 to October 15 there was held at Seattle the
Alaska-Yukon-Pacific Exposition. The rapid growth of Seattle has been
due in no small degree to the fostering of trade with Alaska. The
exhibits served to demonstrate the wisdom of the purchase of the
territory, which at that time was characterized as Seward's "folly."
Alaska has for some years been recognized as a country of wealth and
opportunity. The gold output each year is more than three times the sum