The Daily Alaska empire Newspaper, September 23, 1931, Page 1

THE DAILY ALASKA EMPIRE “ALL THE NEWS ALL THE TIME” VOL. XXXVIIL, NO. 5830. * JUNEAU, ALASKA, WEDNESDAY, SEPTEMBER 23. 1931. MEMBER OF ASSOCIATED PRESS PRICE TEN CENTS PROHIBITION TO BE DISCUSSED BY AMER. LEGION BIG BANKING DEAL IS NEGOTIATED TRANSAMERICA | CONTROL GOES T0 NEW HANDS Two Billion Dollar Concern Passes from Gian- nini Family ‘ BOSTON, NEW YORK BANKERS BUY STOCK| Dream of Nationwide Chain of Banks Fails to Materialize NEW YORK, Sept. 23. — The death knell of the ambition for a nationwide chain of banks was sounded when control of Trans- america, the $2,000,000,000 holding concern for financial houses, passed out of the hands of the Giannini family of California to the Lee Higginson Company, New York and Boston bankers. . Three parwers of the Lee Hig- ginson Company replaced Amadeo P. Giannini, Lawrence Giannini and Arrilo G. Giannini on the director- ate. They formed Transamerica three years ago. | Transamerica relinquishes control of all banks and hereafter will invest in bank securities without acquiring control, Elisha Walker, Chairman, said. | Apparently thers is no likelihood that nationwide branch banking will be autharized in the future. GIANNINI'S STATEMENT SAN FRANCISCO, Cal, Sept. 23. —A. P. Giannini said he retains stock in Transamerica. He said he tendered his resigna- tion as Director because he could not approve of Walker's policies. He also said he opposed the re-' fusal to pay the October dividends out of “prudence and conserva- tion.” The Gianninis are founders and directors of the Bank of Italy and allied corporations. ROBOT SHIP T0 EXPLORE ARCTIC LENINGRAD, Sept. 23.—A robot Arctic expedition, in which wireless and recording balloons will do all the work, is planned for 1932 by the Arctic Institution. A small, automatically controlled ship will be freed in Bering Sea. and allowed to roam for a year. After a year the ‘“expedition” will be recalled and the results exam- ined. One Kiss Costs $11,846; Kissee To Get Nothing SACRAMENTO, Cal,, Sept. 23— J. A. Fitzgerald of Stockton was ordered by the third district court of appeal to pay $11,846.80 for a kiss—but not to the woman he kissed. The decision afirmed a San Joa- quin County court verdict awarding the damages to Julia Williamson because of a 1928 automobile acci- dent in which she was seriously in- jured and Gus Klein, a fellow pas- senger, killed. With Mrs. Lucretia Thessler be- side him on the front seat, Fitz- gerald, according to the evidence, was driving Julia Williamson's au- tomobile through Dublin Canyon after the quartet had attended a theatre in San Francisco. The car overturned when Fitzgerald accept- ed Mrs. Tressler's invitation to kiss her. Heiress to Millions Weds Aeiress to the fifty-one-million-dollar estate of the late John L. Beggs, wtilities magnate, Miss Mary Sue McCullough, of St. Louis, eloped with Whilwle Van Ness Jones, Harvard student, from Oconomowor, Wis., to V aukegan, Ill, where they were married. The new Mrs. Jones {8 just eighteen, and her husband twenty-twa. The couple, their Summers at the Wisconsin resort for years. GIVEN SLAYER IN COURTROOM Excitement Caused when Prosecutor Makes Mis- take in Trial 1S LOCATED IN NORTHERN B. G, ! St Philadelphia Doctor and | Party Explore Mys- ‘ tery Valley | | EDMONTON, Sept. 23—Dr. J.| DENVER, Colo, Sept. 23—“Now {Norman Henry, of Phllfldflphm-;si\ow me how you killed Patrolman { with his p'arl)". ha.§ returned after | wijjam Keating.” |a thousand-mile trlp_ ‘w a mystery | So saying, District Attorney Wet- ispot in Northern British Columbia, tengel, prosecuting Albert Carlson jand told of having explored a for the slaying of a Denver officer, tropical valley where the party nanded the defendant a loaded camped for two days and exXper- reyolver in the court room. ienced its tropical delights. | carlson looked at the gun and ] Dr. Henry found the tropical ingicated it was loaded. - 1valley three quarters of a mile jyrorg ducked and dodged. A de- [long and honey combed with hot putv prosecutor ignored court dig- springs. The members of the party nity and leaped across the desk to bathed in the springs and found reach for the gun. some spots of water too hot for| patrolmen pulled their guns and |human being to stand. {surrounded Carlson. | Dr. Henry said the ground was mp, loaded weapon was finally { heated h'l many places. taken from the defendant. | The valley is located at the| prosecutor Wettengel said he bor- i—‘“_"c“‘“; of ”1‘9 Racing "’"dr’x;?a‘z rowed the revolver from a detective Rivers, 400 miles northwest of For and “didn't know it was Joaded.” | St. John. | | - = i IFINGER PRINTS OF | | | LOCAL HUNTERS OFF ON TRIP TO DUNCAN WILLIAMS REVEALS MISTAKEN IDENTITY, CANAL GAME GROUND Dave Williams, held at Peters-| Headed to Duncan Canal on a {burg for sevral days by Federal 10-day hunting trip, a dozen local authorities and suspected of being sportsmen headed by Secretary and 'E. M. Stewart, Eastern post office Mrs. Karl Theile sailed from here {bandit, is not that much wanted 'at noon today on the gasboat Mar- man, according to advices received guerite, owned by the Theiles. They |from Postal authorities by United will establish shore camps on the |States Marshal Albert White. Will- hunting grounds. {iams's finger prints, taken at Pet-| Deer, ducks and geese are the ‘ersburg and forwarded to Seattle, objectives of the hunters who were |freed him from suspicion of belng well supplied with weapons and | Stewart. |ammunition for the outing. They But that didn’t win him his free- will return shortly after October 1. dom from arrest. He is now being; In the party were: Mr. and Mrs. detained at the request of author- Theile, George Kohlhepp, Brice H. |ities at Seward where he is al- Howard, H. M. Hollmann, E. L. {leged to have passed some bad Hunter, Jr, M. S. Wilson, W. E. checks. ° | Hendrickson, Lance Hendrickson, R. —_————— L. Bernard, and Herb' Kittlesby. | Game wardens of South Missouri - — have united in a campaign against hunters killing deer. |Toronto’s Jobless Concealed Cameras Guard | | To See Free Films TORONTO, Sept. 23.—Free mov- - Secrets of German Trade| "S55 & o BERLIN, Sept. 23.—Secrets gain- ed in war time spying are used by German industrialists to protest their hard gained world markets. A tiny camera and a new pro- jector which permits reading let- ters through unopened envelopes are the latest devices used for counter espionage in German fac-; |for Toronto’s unemployed, if May- or William J. Stewart'’s plans ma- tories where secret processes and | terialize. formulae are employed. | The mayor has instructed A. W. The new camera is worn insideinaver, recently appointed city com- the vest with the lens appearing 'missioner of public welfare, to try like a button. It even can be fitted to find some public-spirited citizen, into a glove. Thus persons sus-lor citizens, who will provide movie pected of industrial spying may be'equipment and educational and in- nhotographed without excihlng‘stmcuve films and high class ‘heir suspicion. Im waown above, have known each other since childhood, having svent, J CUT IN WAGES ANNOUNCEDBY 4 INDUSTRIES Steel, Motor, Rubber ‘aitl Copper Concerns to Reduce Pay CURTAILMENT 'RANGES 10 TO 20 PER CENT IFive Day Week for Twen- ty-Five Thousand Em- ployees Announced NEW YORK, Sept. 24. — An- nouncement of impending wage cuts in the steel, motor, rubber and cop- per industries brings out a variety of interpretations. Organized labor proclaimed re- sistance. Some financial writers attributed the cut to unnamed business lead- ers in the belief the step will hast- en revival of business. Formal statements of the cor- porations involved merely stressed the unsatisfactory business condi- tions at present prevailing. The United States Steel yester- day announced a 10 per cent wage cut. This affects 220,000 employees. The Bethlehem Steel followed with a similar announcement and the Youngstown Sheet Tube did the same. » General Motors announces a 10 meaning a reduction in wages of about nine per cent for 25,000 em- ployees. The American Smelting and Re- fining Company and Utah Copper Company announces a 10 per oent wage cut. HOOVER’S POSITION WASHINGTON, D. C., Sept. 23.— President Hoover's anxiety to main- tain the present standard of living remains unaltered, it is said at the White House, despite the wage cuts of leading corporations. N. P. DIVIDEND IS DECLARED; OFFICERS’ SALARIES ALSO CUT NEW YORK, Sept. 23. — The Northern Pacific declared a quart- erly dividend today of 75 cents on common stock against $1.25 paid previously. The directors voted salary reduc- tions of its officers ranging from 10 to 25 per cent effective Octo- ber 1. BOXER MAY BE MEDICAL SHIP IN S.EALASKA Bureau of Indian Affairs Makes Suggestions— Station at Juneau SEATTLE, Sept. 23.—Representa- tives of the Bureau of Indian Af- fairs here are urging that after the schooner Boxer makes her last voyage as a supply ship in the service, the craft be converted into a medical vessel for Southeast Al- aska. It is said there is need for such a craft to be stationed at Juneau to carry physicians and nurses to isolated Indian villages. The Boxer is a former naval training ship. was used for such purposes on the Atlantic Coast, and was only loan- ed by the Navy Department to the Bureau. She must be returned to the Navy Department before she can be commissioned as a medical vessel. ‘The new supply ship for the Bu- reau will be launched at the Berg Shipbuilding yards in December. —— o MAKES TWO ACRES PAY NEWBERRY, 8. C—A. A. Cle- land, who quit raising cotton when the price slumped after the war, makes a comfortable living off two acres inside the Newberry city lim- its. He raises doves, pigeons, pea- nuts, sweet potatoes and water- melons. FOURKILLED IN FALL OF AIR TRANSPORT PLANE | e -, el 13 Associatea Press Photo Pilot Ray Bouderaux (inset) and three passengers met death when a Pacific Air Transport plane bound for Seattle from Oakland fell into San Francisco bay. It was only the third accident involving passengers in four million miles of flying. Above view shows Ed Schroeder (left) and Al Dyer recovers ing the mail. STOCK PRICES ADVANCE: GAINS MADE RAPIDLY Ban on Sho.rt—Selling Lifted —Trading Resum- ed in London NEW YORK, Sept. 23—To the swift succession of spectacular de- velopments during the past three days, Wall Street responded today with the most brilliant market re- covery since the war and also debt moratorium of last June. New York Stock Exchange offic- lals lifted the ban on short sell- ing. Trading was confidently resumed on London. Many shares surged up on the Exchange today from three to fif- teen points. Violent advances occurred in rails. American Telephone and Tele- graph, New York Central, New Haven, American Tobacco B and Allied Chemical gained six or more points. Many other issues including Con- solidated Gas, Woolworth and Na- tional Biscuit went up four or more points. Censervative brokers regarded the advance too rapid. United States Steel and Amer- ican Can also made advances. CLOSING STOCK PRICES . NEW YORK, Sept. 23.—Closing quotation of Alaska Juneau mine stock today is 17%, American Can 83%, Anaconda Copper 16%, Beth- lehem Steel 36%, Checker Cab 5, 4%, 5, Curtiss-Wright 2, Fox Films 9%, General Motors 30%, Interna- tional Harvester 30%, Kennecott 12%, Packard Motors 54, Standard Brands 16%, Standard Oil of Cali- fornia 34%, Standard Oil of N Jersey 34%, United Aircraft 19%, United States Steel 83% Gulls Rid Farms of Grasshoppers COGSWELL, N. D, Sept. 23— | Gulls helped farmers of this area in their flight against grasshoppers. Flocks, which entomologists said apparently were driven south by drought in Canada, were feasting on the insect pests. Several pastors sald thanks will be given in their churches for their arrival. Farmers said the gulls spread over a wide area. Some flelds were cleared entirely of grasshoppers. ———w—— REGISTERED AT GASTINEAU Mrs. W. R. Seavers is among the guests at the Gastineau Hotel. Villages of WET IS NAMED Natives May Be Shiffodf Conditions in West Alaska| Deplorable, Says Supt. Garber ANCHORAGE, Alaska, Sept. 23. —Hopes of moving villages of na- tives now living “in a state of | squalor, worse than swine,” from | the west coast of Alaska, is revealed | by Superintendent Garber, Indian Affairs’ Officer. Garber made a flight with Harry Blunt, blazing an air trail north from the Kuskokwim Bay to Nuni- vak Island. Garber said he was hopeful of obtaining Congressional aid to| transfer most of the natives lromj the area to the Story River which | has game and fish, and also tim-| ber for houses. AR PPN - INDICT UNGA POSTMASTER Anch orag_e Grand Jury| Protests at Fed. Build- ing Quarters ANCHORAGE, Alaska, Sept. 23.— The Grand jury has brought in its first indictment. It is against John O. Foster, postmaster ‘at Unga, indicted for alleged embez- zlement of $2,160. The members of the Grand Jury protested against the quarters in the Federal Court Building, saying they were not suitable ,and re- quested permission to move to a more comfortable building for com- plete deliberations. e Conscience-Stricken Thief Gives Self Up CHICAGO, Sept. 23.—His con- science bothered him, according to a youth who gave his name as Ir- vin Wrubbel, 18, of Detroit. So he surrendered at treet Station and said he and a companion, later arrested and con- victed, had robbed a Detroit gro- cery store of $150 last February. He is being held for Michigan offi- cers, STUDENTS ASK ALMS GENEVA.—An appeal to all uni- versity men and women to back South State | . Attracts Much Attention on 10 WASHINGTON SUPREME COURT Henry E. T. Neiusn Ap- pointed as Successor to Judge Fullerton OLYMPIA, Wash, Sepl. 23— Gov. R. H. Hartley announces the appointment of Henry E. T. Her- man, attorney of Spokane, to the State Supreme Court to succeed | Judge Mark E. Fullerton who died September 15. Herman is classed with the wets and carried his views to the Re- publican State Convention at Bel- lingham where he is credited with being the leader in the movement which gained an anti-Prohibition expression from the convention. ——ee——— CANADIAN GOLD OUTPUT GROWS WASHINGTON, D. C, Sept. 23. “With a new record for gold pro duction during 1930, Canada now is crowding the United States for second place among the world gold producing countries. South Africa is well in the lead. ARG TSI BT ADSIT PROPERTY IS SOLD TO WILLIAMS; WILL BE REMODELED By a deal just closed, Jenx P. Williams has acquired the Adsit ‘property on Second Street between Main and Seward, it was announc- \ed toady. The financial considera-| Ition involved was not made public.| It is the intention of Mr. Will- (lams to remodel the two-story |building. The second floor will be fitted up with modern apartments. | The first floor will be altered and |fitted up as a first class business |location. Work is expected to ;begm on the improvements without ldvlay. Alaska Juneau . Floorof N.Y i or 0 .I. ! | NEW YORK, Sept. 23—A gold |brick appeared on the floor of the |New York Stock Exchange yester- ‘day, but it was a real one. Ben Smith, operator recently re- turned from Juneau, Alaska, bring- | WET AND DRY ISSUE BEFORE WAR VETERANS Resolution Killed Which Would Keep Question from Floor \LEGALIZING BEER IS ONE*PROPOSAL Portland, Or;gon. Gets 1932 Meet—Stevens Looms for Com. DETROIT, Michigan, Sepi 23.—The Prohibition question will come before the delegates attending the annual conven- tion of the American Legion in session here. This was assured today when the Resolutions Com- mittee, after a debate lasting nearly three hours, voted against a resolution which would have kept the question from the floor. One resolution, already drafted, will be presented to the convention for considera- tion of modification of the Prohibition Aet. This resolu- tien will legalize the manu- facture of beer. Other resolutions, it is said, will be proposed during the session. The delegates voted to hold the 1932 convention in Port- land, Oregon. The appointment of an Un- employment Commission has been recommended to the con- vention. The Detroit News today said Henry Stevens, of War- saw, North Carolina, appears to be the choice for National Commander. i SLAYER DIES NEXT MONTH Receives Sentence Calmly —Says He's Going to Heaven MEDFORD, Oregon, Sept. 23.— James Kingsley, aged 25, slayer of Sam Prescott, Ashland Traffic Of- fiver, was today sentenced to hang on October 30. Kingsley killed Prescott last Jan- uary when the officers stopped his car. “I have assurance from God I am going straight to Heaven,” Kingsley said when he was sen- tenced. CHAPLIN AND GANDHI MEET LONDON, Sept. 23.—Mahatma Gandhi and Charlie Chaplin | met here yesterday. | “A very charming man” Gandhi said of Chaplin. | “A most interesting figure,” Chaplin said of Gandhi. Gold Brick Stock Exchange at which gold mining stocks are dealt in and soon attracted much attention, more attention that stock quotations. Incidentally gold shares are hav- the world disarmament conference'ing a large lump of gold from the |ing a little upward flurry. next February has been issued here by the International Student Serv-/ ice. I Alaska Juneau mine. The brick is valued at $25,000. ‘The brick was escorted to a post pTroy measure, The brick, borne in state by two men, weighed about 1250 ounces,