The Daily Alaska empire Newspaper, June 11, 1930, Page 4

Daily Alaska Emptre JOHN W TROY .- EDITOR AND MANAGER Publi EMPIRE Streets, Entered in tter. every € xcept S II’ NTING COMPANY Juneau inday by Second and Alaska the SUBSCRIPTION RATES. Delivered by carrier in Juneau, Douglas, Thane for §1.25 per h, By mail, ¢ 1 t the f ng vear e one rates One nd !«, 00; i a favor if of any failure or ir pape orial anc hey will promptly irregularity Business Offices, 374 the ted to The Associated use for republic #t or not otherwise loeal news published herein, Press ALASKA CIRCULATION GUARANTEED TO BE LARGER THAN THAT OF ANY OTHER PUBLICATION NORTH CAROLINA IS AGAIN TOLERANT. The Old North State, like Virginia, has redeemed herself from the blight of intolerance and domina- | tion by the Anti-Saloon League. Two years ago | Senator Simmons led the fight D! m.mmu\ Party of North Carolina against Gov Smith carried his battle so far that he supported Hoover, and was probably responsible for the livery of the electoral vote of his State to Republican nominee. The ] to vote for Mr. Hoover, and there was no crime involved in a Democrat leaving his party to vote for him. But the fight led by Senator Simmons only thinly veiled the fact that its main objection to Gov. Smith was his religion. That was all brought out very strongly by Senator-elect Bailey in his recent campaign against the dean of United States Senators. After two years to consider the matter the voters of North Carolina voted over- whelmingly for religious freedom and against bigotry. in the Vlr de- the ALASKANS KNOW AND ADMIRE SENATORIAL NOMINEE. Many friends acquired in Alaska during his visit | LS vi th suc- be pleased with the |For 19 weeks ending May 14, leading banks through- | here last summer will cess of Congressman L. J. Dickinson in the Iowa Republican Senatorial primary. Mr. Dickinson was chairman of the Congressional committee that tour- ed the Territory in 1929, and his interest in all that he saw, his obviously large abilities, handsome appearance and pleasing personality won admiration wherever he visited. Those who met him here can understand his reputation as a remarkable cam- paigner. It is said that he shined more brilliantly in his campaign for the Senatorship than ever before. Mr. Dickinson will be opposed in the general election by Senator Steck, also popular in the Hawk- eye State and a fine campaigner, who is the first Democrat since the Civil War to represent Iowa in the “Greatest Law-making Body in the World.” ALASKA INVESTMENT OPPORTUNITIES. Treadwell and | arheel State had a rlL,hH THE DAILY ALASKA EMPIRE, WEDNESDAY, JUNE 11, 1930. spruce, 60,000,000,000 feet of hemlock, and perhaps 50,000,000,000 feet of birch and cot- tonwood are available It is also easy to start a fox farm there. More than 60 new farms were started last year. Very little money is required for that as fish and reindeer meat is cheap both for man and animal. ‘ of water power. Twenty billion feet of Those cities where census returns show an population of 15 per cent. in the |decade rejoice exceedingly. But the population of the Federal prisons show an increase of 35 per Prohibition is working wonders. in- crease in “Easy money is famous economist a gambler? an intoxicant,” ys a more or Is that why Bishop Cannon became We shall not object if Bishop Cannon, Senator Heflin and Senator and ponder over what might have been. union Stretching the Pacific Highway. i & | (Seattle Post-Intelligencer.) | Dr. S. F. Tolmie, Premier of British Columbia, |speaking recently before the members’ council of (the Seattle Chamber of Commerce, gave assurance Hlmt British Columbia is ready and eager to do its “nrt in extending the Pacific Highway to the {interior of Alaska. | Living so close to the Province of which Dr. | Tolmie is Chief Executive, no one in Seattle or the State of Washington doubts that our energetic Can- adian neighbors will carry this work forward as soon as international arrangements can be made. British Columbia has made remarkable strides lin opening its territory and developing its sources. Like our Western States, the key to con- ‘lmlmd growth and release of natural wealth is m transportation. . The proposed extension of the |Pacific Highway across British Columbia and the Canadian Yukon to the interior of Alaska would open a vast new territory to the stream of tourists |which in the Pacific Northwest grows larger year ®|by year. But it holds an even broader economic p romise, for it would promote both industrial | | ploitatiof and agricultural and mining develop~, ment in areas now inacessible. Provincial cooperation in the highway plan wx]l |take immediate form in an airplane reconnaissance | survey of the 500 miles of route which the road ‘w)ll require between Hazelton, |of Yukon Territory. | This month leaders from the Pacific Coast States jand British Columbia will gather at Vancouver and journey to Hazelton, where, on June 21, they will meet highway officials and leading men of Yukon Territory and Alaska. Already the world's longest ribbon of unmter- wrumed paved road, Pacific Highway is due for a |stretching. It is gratifying to know that British \C(!lll))fl)ill is taking hold and pulling with a will. American Banks Are Strong. (Boston News Bureau.) Banks are buying securities on a large out the country increased their investment holdings 1$2017,000,000. |” Since these banks hold somewhat less than 40 per cent. of assets of all banks, there may have been an increase in investment holdings for all |banks aggregating $750,000,000. However, smaller banks may not have increased their investment holdings so fast as leading institutions. {ties on a scale exceeded on one only occasion, for |a corresponding period. That was in 1927. What |Tollowed marketwise is a matter of history. None can say with certainty that the present However, | buying. there are indications of possible further 4‘21 were carrying $20,000,000 reserve |excess of legal requirements. This position New York City banks have reported for| years—possibly the strongest ever reported. last | Simmons decide to hold a re- re- | B. C, and the border| scale. | These leading banks appear to be buying securi-| buying move will continue, even for a brief period.| New York City banks, for instance, are not | lonly out of debt to the reserve bank, but on May | with it in| is the strongest| To be SURE is to be SAFE Don’t Play with Sickness! When you are sick—don't experiment with cure-alls but— Consult Your Doctor First! If he writes a prescription bring it here to have it filled Helene W. L. Albrecht PHYSIOTHERAPY Massage, Electricity, Infra Red Rev, Medical Gymnastics. 41U Goldstein Building Phone Office, 216 DENTISTS 301-303 .Goldstein Bldg. PHONE 56 Hours § 4. m. to § p. m. We fill prescriptions promptly, carefully, and with the purest drugs obtainable. | 118 Seward St. Phone 25 ;Ill||l||lllll|l|llIIl}H}HIllll"lllllll"llllli i IR VSRS ARPAALA 0% 00 157 7 | Dr. Charles P. Jenne | DENTIST Rooms 8 and 8 Valentine Building ‘Telephone 176 Dr. J. W. Bayne | ! DENTIST Rooms 5-6 Triangle Bldg. | Office hours, 9 am. to 5 pm. | i Evenings by appoinment. | Phone 321 | SR i e (R ROLLER RINK OPEN T . A. W. Stewart DENTIST Hours 9 a. m. to 6 p. m. SEWARD BUILDING Office Phone 469, Res. | | Phone 276 — Wednesday, Friday and |!% Sunday Evenings/ | Fancy Ball Room Dancing Taught Classes are now being formed Phone: | Dr. (,fo 3 £ | Dr. H. Vance | Osteopath—201 Goldstain Bldg. { { | jlours: 10 t0 12; 1 to 5; Tto ® | ! or by appeintmeni Licensed Osteopathic Physiclan Office 1671. Residence, MacKinnon Agpts. L. 1 Barton i || CHIROPRACIOR Hellenthal Building Roller Skating at A. B. Hall Hours: 6p. m to8p m By Appointment | Wednesday, Friday and OFFICE SERVICE ONLY 10 a. m. %o 12 noon 2p m tol p m Sunday Evenings e L | The Florence Shop “Nalvette” Croguignole Perm- 1 anznt Wave “Robert Simpson T Opt. D. Graduate kos Angeles Col- | lege of Optometry and | Opthalmology Glasses Fitted, Lenses Grouna BEAUTY SPECIALISTS | Phone 42 for Appointment JUNEAU CABINET and DETAIL MILL- [ WORK CO. Front Street, next to Warner | Machine Shop CABINET and MILLWORK |{GENERAL CARPENTER WORK Appointment. City Hall, R. R. E. SOUTHWELL Optometrist-Optician Eyes Examined—Glasses Fitted ' Room 16, Valentine Bldg. 10:00 to 6:00. Evenings by 3. L L [ TS ——— Phone 484 — Juneau Public Library Free Reading Room Second Floor Main Street and Fourth Reading Room Open From 8a m to 10 p. m. Circulation Room Open from IIIIIIIIlIlIlIIIIIIlIIIIIIIIIIIIIIIII|||||||||||']' e e D PROFESSIONAL AUTOS FOR HIRE Beginning SU INDAY, JUNE 15th, Taxi Rates within the City of Ju- neau will be $1.00 Per Call Carlson’s Taxi ANYWHERE IN THE CITY FOR $1.00 Careful, Efficient Drivers—Call Us At Any Hour— DAY AND NIGHT—Stand at Alaskan Hotel Phones II and Single O Carlson’s Taxi and Ambulance Service Graham’s Taxa | Phore 565 STAND AT ARCADE CAFE Day and Night Service Any Place in the City for $ .00 Fraternal Societies 1 )7 !‘ ———— OF ~ Gastin:au Channel e ——— B. P. 0. ELKS Meeting every sec- ond and fourthy Wednesdays at 8 o'clock. Elks Hall Visiting brothers welcome. R. B. MARTIN, Exaltea Ruler. M. H. SIDES, Sacretary. Co-vrdinate Bod les of Freemasox ry Scottish Rite lnegular meeting second Friday each month st 7:30 p. m. Soot« tish Rite Temple WALTER B. E£ISEL, Secretary. LOYAL ORDER OF MOOSE Juneau Lodge No. 700. / Meets every Monday night, at 8 o'clock. TOM SHEARER, Dictator W. T. VALE, Secy., P. O. Box 826 MOUNT JUNEAU LODGE NO. 147 Second and fourth Mon- day of each month in Scottish Rite Temple, beginning at 7:30 p. m EVANS L. GRUBER CHARLES E. NAGHEL, S Master; Secretary. ORDER OF EASTERN STAR Second and Fourth 4 Tuesdays of each month, at 8 o'clock, Secottish |Rite Temple. LILY BURFORD, Worthy Matron; FANSY L. | ROBINSON, Secretary. KNIGHTS OF COLUMBUS Seghers Counc. No. 1760 Meetings second and last ) Monday at 7:30 p. m. Transient brothers urg- ed to attend. Courcil Chambers, Fifth Strees. JOHN F. MULLEN, G K. H. J. TURNER, Secrelary. DOUCLAS ArRIE 117 F. O. E. Meets first and thirg &Mondayx_, 8 o'cluck | at Eagles Hall Douglas. 'ARNE SHUDSHIFT, W. P. GUY SMITH, Secretary. Vis- iting brothers welcome. THE CASH BAZAAR — Northern Lite | 199 TAX] $1.00 TO ANY PART OF CITY Two Buick Sedans at Your $1.()0 TO ANY PART OF CITY Phone 199 Open Evenings Opposite U. S. Cable Office (GARBAGE HAULING wOT CLEANING Office at Wolland’s Tailor Shop Chester Barnesson PHONE 66 DAIRY FERTILIZER By Load or Sack \ . Chicago banks also are completely out of debt | Gastinean Hotel 1 to 5:30 p. m.—7:00 to 8:30 | to the regional bank; they have owed nothing for b4 i . The opportunities for investment of capital in p. m. Carrent Mngn Service. Careful and comparatively modest amounts are the subject o!‘“‘.e weeks. GLASS REPLACED an article written by Ernest Walker Sawyer, Special Representative of the Alaska Railroad, and appear- ing recently in the United States Daily, a news- paper of Washington, D. C. Since his visit here last summer, Mr. Sawyer has given a great deal of publicity to the Territory. In this instance he emphasizes the opportunities for hotels, particu- larly to cater to tourist travel, in the North. His article follows in part: Alaska needs hotels. Investigation will show that a hotel may be a profitable in- vestment there. There is room now for six or eight med- fum-sized hotels of 50 to 200 rooms. The existing hotels are usually full the year round. In Winter the people from outlying dis- tricts come to town. Last Summer the hotels of Seward, Anchorage and Fairbanks were at times crowded to capacity. This year the passenger shipping facilities have been increased 50 per cent. The Alaska Railroad and the shipping companies, by careful arrangements of sched- ules, have assured the tourists this Summer of ample accommodations. But if some one will build additional hotels, then we are assured of additional passenger facilities. There is no limit to the number of tour- ists available on the west coast in Sum- mer. It is only the hotel facilities of Alaska that control the number of visitors. Last year it is thought that 80,000 people visited the Territory. Less than 1000 of these entered Mount McKinley National Park. The accommodations within any park are of greater importance than most people realize. Comfortable accommodations are maintained near Mount McKinley, and next season a $200,000 hotel will be built just a few miles from the mountain. The Department of the Interior is anx- jous to find a private individual or company to build a similar hotel near the entrance to the park along the Alaska Railroad. There is also room for typical resort hotels or hunters’ lodges in various sections where fishing, hunting, or scenery would attract; but the main need today is for regular, comfortable, reasonably priced rooms and baths. The opportunities of Alas Y ous. Yet $10,000, $20,000, $50,000 or 000 investment chances are, I believe most profitable. There is very little manufacturing done, Almost every shipment is a raw product, and Alaska has produced well over §1.- 500,000,000 in raw products. Don't go to Alaska for a job. Go there to start something which can use cheap raw products—$3 or $4 coal, and plenty upend- $100,- the All leading banks in the Minneapolis reserve district were out of debt to the reserve bank |May 14. They were completely out of debt from | February 26 to April 16, inclusive. banks not only are out of debt, but have a surplus on hand. It is obvious that business does not now need credit. On the contrary, commercial loans are being reduced. Under such circumstances the usual- ly logical conclusion is that banks are likely to increase securtiy holdings. They are practically compelled either to buy securities or to lend on securities. | In some quarters it is believed the influx of gold will be stopped by the flotation of German reparation bonds. However, banks have made great progress the past five years in expanding the amount of credit with a given amount of cash. It is therefore by no means certain that the Ger- man issue will put a stop to bank buying. As a matter of fact, if the estimate is correct that all banks have increased their security holdings $750,- 000,000 in 19 weeks, theoretically they could take up the entire German offer—in this country—in about 16 days of buying at the present rate. there's already too much of it in the cities.—(Cin- cinnati Enquirer.) Mr. Hoover's proposed vacation in the National Parks may be a way of suggesting that ho pro- fers the scenery of the Western States to their Senators.—(New York Times.) Henry Ford tells the farmers to keep on hav- ing faith in nature, but some of the more im- petuous probably will continue to encourage nature by adding a little yeast.—(Dayton, Ohio, News.) Things are being pretty vigorously stirred up, but there is still plenty of time for you to make up your mind what to do if Prohibition is aban- doned.—(Indianapolis News.) Senator Heflin's latest outburst in the Senate was listened to by four brave members; just four more hearers than the speaker deserved.—(Cincin- nati Enquirer.) After listening to wets and drys argue the Lit- erary Digest poll one comes to tne conclusion that “modification” means strict enforcement with plenty of liguor.—(Dayton, Ohio, News.) What this country needs is officials who do their investigating before rather than after dis- asters.—(Buffalo Courier-Express.) President Hoover is right about memorial coins; what seems to be needed just now is a wider ‘.\'unply of the regular kind—(Cineinnati Enquirer.) What this country needs is 'a good fifteen-cent cocktail —(St. Loéuis Post-Dispatch.) In fact, most| The campaign for the preservation of wild m‘e;. is meant chiefly for the forests and rural sections; | IN AUTOS Estimates Furnished Upon Request e e et ramnnd. B T et ] Newspapers, Reference, Books, Etc. FRER TO ALL ‘f { GARBAGE 1 HAULED AND LOT CLEANING E. O. 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