Ten ae

Mr. Campbell-Johnston estimates that our property worked
on an output basis of 900,000 tons per annum would give an an-
nual profit of $1,374,000.

He estimates the cost of equipping the mines with a full plant
of 3,000 tons per diem capacity, at $1,700,000.

The cost of the railway cannot be ascertained until the sur-
veys are completed, but the reports of all three engineers indicate
reasonable grades favorable to the coal traffic and no unusual
obstacles except some canyons on the Naas River near Ayance.
But even if the road should cost as high as $40,000 per mile, the
coal traffic alone, at a moderate rate of freight, should yield more
than sufficient net earnings to pay the interest upon that cost.
There will be considerable local traffic as the Naas and Skeena val-
leys become settled. ‘Subsidies for the railway have been applied
for to both Dominion and British Columbia Governments, and the
former by Act of Parliament passed in 1912 have voted a subsidy of
£6,400. per mile, for the first 100 miles, to the Naas and Skeena
Rivers Ry Co., a company incorporated by the British Columbia
Legislature and controlled by the British Columbia Skeena Coal
Company.

The total output of coal in British Columbia in 1915 (bite-
minous) was 2,089,966 tons. ‘This consumiption will be vastly in-
creased when the two new transcontinental railways, which have
just reached the Pacific coast, shall ‘be in full operation and when
new lines of steamers, now proposed, are put on the Pacific ocean.

This wonderful discovery of such valuable fuel as
anthracite, andin such enormous quantity, becomes a
matter of national importance to Canada, and when
developed bids fair to make of British Columbia anoth-
er Pennsylvania, and to cause the realization of the
prediction so often made, that British Columbia,
exempt from the payment of tribute to the United
States for fuel—the fate of the older provinces—is the
richest province of the Confederation,

Herein will be found a map showing the location of
the coal field andthe route of the proposed railway.
also photos of the mine openings on the property and
other photos of local interest. Extracts of the four
mining engineers’ reports are also reproduced.

The development of this property, like so many
others,has been delayed by the war, but will soon,

it is hoped, have an opportunity of being consumim-
ated.

Quebec, April 191'7