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ALASKA DAILY EMPIRE
JOHN VV. TROY - - - EDITOR AND MANAGER Published everv evening except Sunday hv the EMPIRE PRINTING COMPANY' til Second and Main Streets, Juneau, Alaska, ___ SUBSCRIPTION RATES r>ellv**ed >v carrier In Juneau. Douglas, Treadwell and Thane tor $1.25 per month. Bv mall, postace paid, at the following rates: One -■ ... ■ • ’.ce. M2.M1; six months. In advance. tnree months, in advance one month, in advance, $1..«>. Subscribers will cent, r a favor if Do y "ill promptly notify the Business Office of any failure or irregularity in the Ui - ttverv of their papers. 'Telephone for Editorial and Business Offices. -.4 MEMBER OF ASSOCIATED PRESS The Associated Press is exclusively entitled to the use for j a.iblieatlon of all news dispatches credited to tt or not otherwise credited in this paper and alao the local news pub lished herein. __I P ROl RATION GUARANTEED TO BE MORE THAN j DOPRl.E THAT OF ANT OTHER ALASKA NEWSPAPER FIGHTING THE GOLD HONl'S. _ I n<I feat ions scorn to show that the coming session of Congress will take up tor final disposition the ques tion of putting a bonus on newly produced gold. Sen timent seems to he crystallizing among the hanking interests of the East against the proposal, their atti tude I icing represented by a resolution passed at tin recent annual odnvention of the American Bankers Association which opposs the bonus plan, 'll the t anks actively oppose the project, as there is reason to believe will he the case, the MeFadden bill "ill . ic hard sledding In Congress. The case, however, must not he considered a: hopeless nor the fight abandoned. Tito harder the opposition becomes, the more reason there is for pul ting added force into the argument for the bonus Those interested in the bonus, the sections of the country in which the gold mining industry is one oi hrst importance, and Alaska is one of them, have i* within thoii power to prove the necessity for stimu lating the industry. As interested parties it rest with (hem to furnish the data and assemble 1 lie fact: on which the question should be fairly decided. The banking interests represented at the Bankers Convention conceded that during the period of high prices, many fuitking operators found their .business unprofitable hut claimed that the fixed price of gold '•luring periods of adveraity and falling prices tiring to the gold miner, as to no one else, increased profits. Credit ih'ffMihu, ' it is argued, would cure the present situation of the gold miner. The Convention declared: "Tiie best hanking opinion of the epuntr.v looks forward to a progressive and fpr-reachlag contraction of our credit fabric and regards it as the only alternative to such a disastrous disruption of the credit system as Japan has recently seen. ' The proper course to take is not by arti , tic i a 1 nut hods to seek to expand the gold basks of our credit system, but rather xo con tract the superstructure of credit to a point where it can be safely maintained under con ditions of a normal distribution of the world's gold supply.” The special committee in the report contend*", that* gold miners were only one of the many indust rk;! sufferers frcin the war and might well look forward to a return of an industrial situation which would more than compensate for their present stringency. Contraction of tin* credit superstructure, as ad x.ni.texl by t ho international hankers, is already unde, w . That it will result in lowered costs lias beep proved on previous occasions tint that it will eve bring about conditions under which gold for mail tenanip- of the credit foundation can tie produced i the average mine at a reasonable profit for 'he opex ator and < nabie him to pay anything like curren wages to hi. employees is quest tollable Gold production in America is decreasing Gabor ers in the drifts are working for less money that. similar labor in other Induslics and the mine operato who ha thousands of dollars invested is keepin iiis mine going, gbit; employment to otherwise idi pan, sometimes swapping dollars, breaking even ox c.xsiohaPy and more often losing money at the en ol tlie season. The result is continued decreaso i production The increase of materials in all indu tries l a au-raged I Id per cent yet the golil min* has been forc'd to sell Ills product at pre-war prio fixed by tin Government. The result is that the Cox eminent i getting its. gold at a market value whit is less titan. C. : * :x 1 value of the commodity sold. Supporters < t th*> proposed bonus plan, inciuiiln Hepi'c-entMIvi M* I'addi n author of tin1 hill introduce at the last term o Cougr*. s, deny that there i anything i’l it that threatens the gold standard an come bankers ot national repute agree with tlm view. Many big hanker.-. however, claim that it wil upset 1 lie standard and ii i upon that ground ilia' the strongest light will Ic* made on the bonus. Ther seems to be a sound t> i however, for the counter claim that the r pact m<'al oi tin bonus Gill would In accepted -1 a*i > h , the determination of the I nit* I Slate to mi 'lien its gold n ■ rve. IWILEREK INCREASING. Til ere lias been a mark'd increase in the' nunihei of commercial failures in xh, t ailed Mates durini live last six months-, it is aid I>y the financial paper; that the Increased failures u dm largely to tin eon . traction of credits. While the f.iilar have by n means reached the oh! pr< war figure.- , ihey are nit ficiently alarming to cause tho-e In charge of the Federal It*-serve Administration t-> «-<-n id- r ways and means of curtailing Hit -hrinkai of credit Of eour; • it is conceded, there n be further contraction o asset currency, but it should not conic slov. y. The following tables prepared by the Boston New. Bureau show the tendency toward Increased failures compares present conditions with those of previous years. No Failures 192«» -1919 First quarter 1.1*2 l.'-ll Second quarter ..-. 1.508 1.302 • Third quarter . . 1,895 1,281 j Total . 4.885 4 1 24 Amt. Liabilities 1920 1919 ! First quarter $ 33,649,580 $42,495,598 Second quarter 65,068,756 26,830,973 Third quarter . 119,285,120 22,363,806 Total $218,003,462 $90,690,377 Failures for the period 1913-20 are shown in following table: No. Total Year failures liabilities j in,20 . *4,885 *$218,000,0001 11919 6,515 115,600,000 1918 9,331 137,900,000 1917 . 13,029 166.600,000: 1916 . 16.496 175,200,000 j 1915 19.035 284,100,000! 11914 .... 16,769 357,100,000] 1913 ..... 14,561 292,300,000; *To Sept. 30, 1920. Of course there are other natural causes than deflation for the increase in failures in the country. The war caused a ready demand lor many things which began to peter out with the readjustments of peace, and the failure of markets on that account! is responsible for some of the increase. The frenzy of Japanese jingoes over the reports | i," American commercial and industrial concessions] In Siberia may cause the Japs to look with less con cern on the efforts of California to keep that State a white man's country. It begins to seem likely that the football history of 1920 will show that the University of Washington is misssing one Iloble more than ever. To Alaska By Air. ^ (New York Evening Post.) The flight of the four remodelled army De ilnvi lands to Nome, Alaska, and return, a trip of ap proximately 9,000 miles, is one of Hie outstanding achievements in aviation to date. It is a triumph of men, machines, and organization. Full credit must be given to Capt. St. Clair Street, who handled bis man with utmost care over the period of a little 1 more than three months required to make the trip. There were no accidents—a condition due in part to the excellence of the Liberty motors which carried them through “without a miss.” Landing fields and I supplies were arranged in advance by Capt. Howard T. Douglas, The route carried the machines across Canadian territory, and I lie Canadian Air Board co operated to an unusual degree by permitting the loca tion of landing fields and by supplying weather re ports. What has been the significance of the trip from the point of view of aerial mail and transportation lines? Capt. Street, who has been close to the dan gers and difficulties of the flight, is not an unbounded optimist on the question of an air mail to Alaska. He believes, for one tiling, that tile weather during many months of (lie year is forbidding. The log thews that (he men were held nineteen days at one field waiting for proper weather conditions lie point out alto that the population of the Northwest is not sufficient to support air traffic at the present time. He does, however, believe that, commercially speak ing, there Is a future for aircraft in Alaska. The expedition has brought back data the value of which can be more correctly determined when they ; have been examined by the War Dpartment. it has’ i demonstrated that a long flight is possible nndn j proper conditions with a two-seated machine. A I great deal of reconnaissance over trackless and unmapped territory was carried out and strips of photographs taken over some routes. Much of this material will amplify existing maps. But the prin cipal gain is (he demonstration of increased stability and endurance on long-distance flights. The Desire for Knowledge. (Cincinnati Enquirer.) A little learning may be a dangerous thing, as a satirical poet characteristically observed; but even a little learning scarcely can ho so dangerous as much ignorance. Since the war the desire of Americans to profit by the advantages of an education seem to have been wonderfully intensified, it is estimated that, figuring Ion the present enrollment of 210 American colleges, this grand army of students will number 1,138,000 I within 30 years. The prosecution of the war proved as never before the value of the men of trained minds and scientific I acquirements. It was the brains of the laboratories and the classrooms which confounded and defeated imperial ambitions. The future, which is to be in the hands of an II ver-growing army of men and women who desire it i- to learn to know and to live, cannot lie regarded ins an uncertain future. Knowledge will assist us to j prevent war to promote peace, to preserve and pro long life, to appreciate and apply new miracles to the spiritual and material needs and pleasures of human ity. The schools and colleges point the way to the serener altitudes of living. But if democracy is to be preserved and exalted these schools and colleges must keep in intimate touch with that public spirit which alone makes civic life wholesome and worthily progressive. Intellectual aristocracies arc quite as reactionary and undesirabli s are those erected on wealth or inheritance of blood It is believed that American colleges are keeping in touch with that spirit, stimulating it to cherish revere and protect all fundamental principles and In stitutions. B-- ■ I ('HOLLY MACK’S I I SAYINGS. I ■-——-■ What became of the o. f. pin money. Women may be divided by two words; pensive and expensive. Our Idea of preparedness is a fellow having two collar buttons. .^ign in a garage: "Ford for sale. Two hundred and tin dollars.” Somebody once said that three was a crowd. Would you call any of the third parties a crowd? One touch of cold makes the whole world sneeze — There is more strength in some ears than there i is in meat. Always room for improvement m the bath room Also a chance for a clean-up. \utomobile manufacturing was once our leading . ml n.-u rj 1 hat was before bootlegging became popular. Mother and daughter used to divide the house woi k liet ween lie in Now they divide their cigarettes it takes a chicken to cook a man s goose. JulleriBunk Says: ^Copyright 1920, by Nevapeprt Feature Service, fee. | 11,71 KN it t<*Ena the hardest uie most ** soft wat*r falls. r~" " ■' ~ PITS OF BY-PLAY c-— By Luke MoLuka Copyright l~y CinoiaaaW Xnfulret Mean Brute! “It says here that nici3t married men are superstitions," said Mrs. Gubb. as she looked up from the newspaper she was reading “Well,” growled Mr. Gabb. “You can’t blame them, can you?” The Wise Fool “Revenge is sweet,” observed the Sage. "Yes,” agreed the Fool. “But most of us forget that it is just as sweet to the other fellow.” Fooey! “It says here that there is more strength in eggs than in meat,” re marked the Old Fogy. “That’s right,” commented the Grouch. ”1 have known eggs to be I so strong that you couldn’t go near them.” Gosh! Jevarathenam Vencatakrishniali, of Asbury Park, N. .1. is a mere baby. But if hep name keeps on growing, where will sire park if when she grows up? Notice! If you are in no hurry to meet a nice girl, who is attending the El mini, N. Y. College, you can go to Helen Wait. Famous Threes -- Strikes. - Balls. - of a kind. Wine, Women and Song. Tom, Dick and Harry. Stop, Look and Listen. Tin' Eternal Triangle. The Pawn Shop Sign. Strange! The Wise Guy who knows every j horse in training, studies past pet formances tyalf of the n’clit and goes | over to tiie track with a pocket full of dope and bets $200 on a sure thing that is classified as an Also Ran after the numbers are hung up.j And 1 lie Sweet Young Tiling whoj has never seen a horse race before hots $2 on a wen-year-old maiden i named Slower Than A Turtle because, ! glower Than A Turtle lias seventeen letters In her name and she is seven ___ teen years old. And her nag wins and she gets ?200 for her $2. Mercy! We would hate to cuss any firm. But the Damm Dry Cleaning Com pany is located In Cleveland, Ohio. Our Daily Special Time Will Heal Wounds But It Won’t Remove Wrinkles. Our Daily Special A Debtor And A Creditor Never Figure Interest The Same Way. ■-* I I Luke McLuke Says i I l-■; It has just about gotten so that a \ Princess doesn't think that her dress! is up to date unless it is up to her knees. It is easy to shock the average Englishman. All you have to do is to refer to ids Walking Stick as his Cane. When a man begins Inlking about i he Blessings of Poverty it is aj sign that he is making more money than lie knows what to do with. Clive a man free advice and you will get all the blame if tilings do not ; go right. Every Father likes to lie to his Soils about what a hard time he had when lie was a boy. The world is growing better. The two-foot, hatpin went into (tie ash, barrel with the rat she used to wear in her hair. No woman ever has succeeded in; making a Man out of a Monkey. But! most any girl can make a Monkey out of a Man. A wife 47 years old may not look as well at the dinner I a Wo as a wife 17 years old. But the betting is that the dinner will look better. Another Cheerful Liar is the fellow who is always telling you to call on him when you want a favor done. When a man notices that (lie Jan itor is the first man down to work, he wonders where the Wise Guys get llu* stuff about "Early to rise makes a man wealthy and wise." Make Washington Fireiess — Head line in a Washington paper. The miners are doing their best to help 1 lie movement. CAPITAL DYE WORKS Your old or new Suit will do double duty if you use our modern clean ing and pressing service. CHARLES MELD NEB Professional Deer and Cleaner Phone 177 . | FOR FANCY AND STAPLE I GROCERIES Ard Fresh Vegetables TRY McMILLAN BROTHERS Prices Reasonable Phoue 113—Prompt Delivery z!i i m i m m mi i il ml uni in 117iiTiiiiimn 11 ii (city CAFE I I S. TANAKA, Prop. = Front St., near City Dock. 3 1 OPEN ALL THE TIME | Day and Night. = Special Chinese Dishes = = Private Boxes for Parties r: TELEPHONE 377. = ^71111■11 ■ 111 m11111111■111111111■11111111m 1 m " JAPANESE TOY SHOP T H. B. MAKINO Front Street P. 0. Box 218 For Mail Orders i--■ THE MUTUAL LIFE INSURANCE COMPANY’S NEW $10,000 POLICY SPECIAL FEATURES If killed by accident, $10,000 will be paid at once and an additional $13,050 will be paid to your beneficiary in instalments during the next twenty years—$33,050 in all. OR If permanently and totally dis abled by accident or disease be fore reaching the age of 60, Premiums on this policy will cease and the Company will pay you $1,000 a year as long as you live, and At your death the full $10,000 will be paid to your beneficiary. Full particulars on this Perfect Life Insurance Policy given upon request. ALLEN SHATTUCK AGENT JUNEAU, ALASKA. * , • • •; . J.,- - • • 1 * DUDLEY G. ALLEN Alaska E e oreoentativa ‘ PROFESSIONAL i---t—k ■ - a Drs. Kaser & Freeburger DENTISTS 1 and 3 Goldstein Bldg. PHONE 58 Hours 9 a. m. to 9 P- m. ! B--■ Dr. Charles P. Jenne DENTIST I Rooms 8 and 9 Valentine Bldg. ] Telephone 176. ^ a-—m Dr. L. 0. Sloane Office Phone 18 House* Phone 297 a-B Dr. DeVighne Malony Building Hours 1 to 4, 7 to 9 | Phones: Office, 104; Res. 105 | S -—*---B a — — a Seward Bldg. Phone 469 Drs. White & Stewart X-Ray Diagontiscians and | j General Practitioners of j Dentistry. Hours 9 to 6 and Evenings j 7 to 9. m- ---B Dr. Daniel S. Neuman Practice limited to diseases of th< EYE, EAR, NOSE AND THROAT Office hours 1 to 4 and 7:30 to 9 p. m. 432 Goldstein Bldg. Phone 397 I. J SHARICK Jeweler and Optician Watv.het, Diamond* Jewelry SSS’rfjgfc — ' Si'verwar* Rosselle Studio j Modern and Classic Dancing. Classes Monday aDd Thursday. Private lessons by appointment. Phone 4623. Res. 1683. MRS. NED CARLSON Concert pianist and teacher announces the I opening of her studio at the Methodist Episcopal church. For information call Thane 13-5 rings. THRIFT MAKES CHARACTER Thrift means self-denial, not deprivation. It is orderly j thinking as well as orderly living. It means care in managing, wisdom in spending and diligence in sav ing. Make yourself a better and more contented citi zen by opening a savings account and adding to it regularly. Four per cent interest compounded twice a year paid on savings accounts. THE B. M. BEHRENDS BANK JUNEAU, ALASKA ' The oldest and largest bank in Alaska. iiMiiiiiiiiMiiiiiimimmiiiiiimiiimimmiiiiiiiiiiiiifiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiin _>TMiS.'EI>Av«'5'3r<3(*;'RG.'Ai^SP<3Q-px !