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London, Jack, 1876-1916

"Burning Daylight"


"Nothing," he answered. "I've sure already done it. I've got a
dozen gangs strung out up the Yukon getting out logs. You-all'll
see their rafts coming down after the river breaks. Cabins!
They sure will be worth what a man can pay for them next fall.
Lumber! It will sure go to top-notch. I've got two sawmills
freighting in over the passes. They'll come down as soon as the
lakes open up. And if you-all are thinking of needing lumber,
I'll make you-all contracts right now--three hundred dollars a
thousand, undressed."
Corner lots in desirable locations sold that winter for from ten
to thirty thousand dollars. Daylight sent word out over the
trails and passes for the newcomers to bring down log-rafts, and,
as a result, the summer of 1897 saw his sawmills working day and
night, on three shifts, and still he had logs left over with
which to build cabins. These cabins, land included, sold at from
one to several thousand dollars. Two-story log buildings, in the
business part of town, brought him from forty to fifty thousand
dollars apiece. These fresh accretions of capital were
immediately invested in other ventures. He turned gold over and
over, until everything that he touched seemed to turn to gold.


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