ALASKA: They Like Mike

Among the fortune seekers who swarmed to the Yukon in the 1898 Gold Rush was one Michael Stepovich, out of the Balkans by way of Oregon. He struck it fairly rich. Unlike most sourdoughs, he sank his profits into land investments instead of boozy sprees. Other Alaskans thought he was crazy to pay hard-earned money for wasteland around Fairbanks, but as the mining camp grew into a bustling city, Stepovich grew rich, became known all over the territory as "Wise Mike."

Last week the U.S. Senate confirmed President Eisenhower's appointment of the late Wise Mike's son as Governor of Alaska....

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