The Daily Alaska empire Newspaper, May 2, 1933, Page 7

THE DAILY ALASKA EMPIRE, TUESAY, MAY 2, 1933. = 8 Bar! seiN' PUNCH DRUNK PED HIM P .. PLAY LEAP [ ——————— DOUGLAS . NEWS EABLES ELECT DICK SCHMIDT AS PRESIDENT Douglas Parent-Teacher| Association Holds Fin- | al Session Tonight | Sa The annual election of for the y bezinning was held by Douglas Ae ©. E, at the regular mecting 1 night. | Fellowing are {the nowi 1 ¢ who will be installed on June 5: R. A. Schmidt, W. P.; Sante Da- gan, W. V. P; A. Shuds] Chap.; Guy L. Smith, Sec Rehert Fraser, Treasurer; Matt) Laughlin, W. Cen; John Martin, I G.; Emil Uberii, O. G., and John Mills, trustee for 3-year term. e NEW OFFICERS PRESIDE P.-T. A. MEETING TONIGHT/ | | The last meeting of the Douglas| Parent-Teacher Association for the sthool year will be held this ove- ning in the schocl auditorium, with the newly elected ofifcers in charge of the meeting. Mrs. J. R. Lar seth, new president, will pres An interesting program has arranged .or the meeting, Refre ments will be serv witho charge by the Executive Board - - HERE FROM WESTWARD ‘ FOR SHORT VISIT Mrs. Harry J. Hill, formerly Miss Elsie Edmiston, acccmpanted by | her young son, arrived here yeste day from Healy Forks, on the Al- asgka railroad, to stop off for a few | days' visit with her father and relatives, before continuing on her| way south. Mrs. L. H. Strickland, Miss Margaret Lindsay, was also a passenger for here on the Alaska from Anchorage to visit with her| parents, Mr. and Mrs. E. F. Cashel. She expects to continue her jour- ney south accompanied by her ! mother, very soon. | .- MRS. SAVIKKO CONVALESCING Mrs. Herman Savikko, who was aperated on at St. Ann's hospital a week ago, is g8tting along fine. She will be at the hospital for some time yet, however. e — _NOTICE TO AUTO DRIVERS City of Douglas Driver's Licenses for the year of 1933 are now due since Jan. 1. Please you your dol- lar without further netice. FELIX GRAY, City Clerk of Douglas. IS CUMMED UP WITH JEWELRY PORTERVILLE, Cal, May. 2— Game Warden Ray Bullard stepped on some gum and couv'in’t shake it off enroute to his office. Reaching his desk he obtained a knife with which to scrape off the wad and discovered buried in the substance a woman's gold ring set with rub- fes and a couple of small dia- monds. formerly V | adv. e Jackson Hole’ Trapper Lives on $8 a Month JACKSON, Wyo., May 2—To his own satisfaction at least, Louis qansen. trapper, has proved that one may subsist on as little as $8 a month, or about 9 cents a meal, over the 150-day pericd. Of course, to the provisions pur- chased with that limited amount Hansen added his own stoek of self-supplied eIk meéat, while he re- remained in isolation in his eabin on Granite Creek here for five months. i Took: d a settlement. **This chamacterita- of $15,000.000 the United States made e i\ loan tponed. Classitied ads pay. { LT R Y L gl ol 8 Ll M A T N e e e . 2 y: [ ©1933 Bank of the Manhattan Company, > York. & PAINTS—OILS i s it 5 5 £ ! < Builders’ and Shelf No accurate count of deaths in| Becawse of cheap corn pricss < 1 3 ol i o, . 3 GOODIE SALE The weight of ieisers sent by air| Ninety-nine of Towa's rural HARDWARE the violent earthquake which shook|hogs marketed in Nebraska were from England last year exceeded | schcols in 34 counties have report- | Thomas Hardware Co.yt o LA L RS AIN'T SERIOUS, BARNEY... SOIT'NLY - STOP waRYIN'.-. WHATCHA HE'S GOTTA WANTA DO IS TO GET SOLLY HAVE QUTTA BED AN' PLAY EXERCISE .. SOME GAMES WIT' HIM - '‘AT'S BETTER'N ALL THE MEDICINE IN THE DocC'S BUNDLE, BARNEY... HEN America settled its war debt problems several years ago, the general public breathed a sigh of relief in the belief that the settlement was final. There were, however, many individuals who did not share this belief, and who predicted that the arrange- ments then made were at most merely a stop-gap. Suddenly the question again looms large the debtor countries have failed to make their debt pay- ments as specified in the settlements; others have paid, but with the intimation that no further be made until an entirely new basis of settlement is agreed to. EXPLANATORY TEXT Dates on which War Debt settlements became effective Dates when settlement agreements were officially signed *Obligations prior to settlément (a)—Pre-armistice t- TOTAL...ovuts Payments made prior (a)—Principal . (b)—Interest to settlement TOTAL...... Debt remaining at time of settlement (a)—Principal . (b)—Interest .. TOTAL..covvannnnnns Amount thrown off before settlement by reduction of accrued interest and for | other reasons... Leaving a net debt of. Cash paid at time of justment purposes rd- ettlement for pay- Leaving a net debt for wh able over a period of 62 were given s \verage under debt settlement.. The extension of time of payment to 62 \ years (Austria excepted) and the low- ered rates of interest operated to glvi the debt as funded (figured on a % imcome basis, which was the rate gen- erally specified in the original loans) a current cash value at the time the ¢ tlements became effective, of.... Which represented a concession of. This, combined with th of . Or, expressed in pe ge.... i Payments made to U. 8. under the funding agreements exclusive of cash paid for adjustment purposes at time of settle- ment, and of payments m&de to settlement E (a)—To apply on princ (b)—To apply on inter TOTAL prior 1 Leaving met debt still payable.. Payments due U. §. in 1932 under settle- Taent agreements but not paid up to Y Dec. 31, 1982..000cconncacsncscicarnnen Payments due, under original agreements, on_or before June 15, 1983, not includini 1932 defaults or postponements.. o Dates on which War Debt settlements became effective Dates when settlement agreements we Officially SIBNEd....eveersesoreones $ih e *Obligations prior to settlement (a)—Pre-armistice . (b)—Post-armistice #s(c)—Interest ... TOTAL. covvnnrnsansansnnns Payments made prior to (a)—Principal (b)—Interest . TOTAL.... Debt remaining at time of settlement (a)—Principal (b)—Interest . TOTAL. Amount thrown off before settlement by reduction of accrued interest and for settlement Some of payments will Austria Jan. 1,1928 May 8, 1930 0 24,056,000.00 10,575,000.00 COME ON, SULLY- A LITTLE LEAP FROG IS GOOD FOR THE BOTH OF US.-.. YOU AIN'T PUNCH DRUNK NO MORE .. HEH - HEH -.. © 1931 Kina Fearuree Syndicare. Inc The War Desrts AT A GLANCE Innumerable proposals for a final solution of the problem are being plete cancellation; cation, based upon made. others who urge revision There are advocates of com- the present “capacity to pay” of the separate debtors; proponents of the idea that the debts be used to force reduction in armaments, or to obtain trade advantages such as tariff concessions, etc.; others who would demand territorial concessions in lieu of other forms of payment. ‘Whatever the final solution of this complex problem may be, there is no doubt that public interest in the subject is now practically universal. Thoughtful people By BILLE DE BECK YA GOT ANY MORE IDEAS, JERRY ? KEEP 'EM TO YASELF... ‘ NDRITO RHODE ISLAND GO ON FAST IS FOR REPEAL; ON MAY 8 ELEGTION HELD Mahatma Makes an An-| Thirty-one D;egates Are nouncement frem His Pledged to Knock 18th Cell in Poona Jail Amendment Out FCONA v | ma Gandhi unced that PRCVIDENCE, Rhods Island, May 2,—This state, waich nev.r fied the EI enia Amoend- In May 2—Mahat- in jail here, has an unconditional ik | |irrev fast bezin ] became the third staie o e | |in connection with the v £ on record for 1cp In & 2= é@ Great Batan nghts ccserved A | |ability and caste system. If clection held yesterday the \u:a g0 on his fast the beliof named 31 delegates to the sta | grow that the aged Mahatma will | convention amd all are pledged for | not survive. repeal. ‘ R | Wisconsin and Michigan ' pre- { JEWESS HAS PLAN | viously voted in favor of repeal. POONA, May 2.—Dr. Margaret In t state election. yesterday are eager for information that will enable them intelli- Spigel, German Jewess in exile|for d tes, only one town voted gently to form their judgment. | sinee Hit) rise, believes she|dry, Hcpkinton, as it did in 1920 or modifi- . e | can fo Mahatma Gandhi to|on the r ndum on the Eight- Obviously. one essential in any consideration of the |quit his projecied fast and thus|csnth Amendment i subject is a knowledge of the basic figures involved in we his life. She had been ¢ | - the original loans, the funding scttlements and the present status of the debts. In an effort to supply this information, the Bank of the Manhattan Company of New York has prepared this comprehensive tabulation which secks to place the desired statistical information into condensed form for quick and easy reference, on by Gandhi, | but remains arguments. The | :.‘,.«'ullh' Goes | {On Daylight i NEW YORK, May. 2. | 3 s |A. Jamieson, aged 28, : Crecho Great |Savings Time | Press correspondent who Belgium Slovakia Estonia Finland France Britain (D)Greece 5 - {tha world in the Lindbergh June 15, 1925 June 15, 1925 Dec. 15,1922 Dec. 16, 1922 June 16, 1925 Dec. 15,1922 Jan.1,1928 May 2—The City |the finding the body of the adoptcd a daylight kidnap. has been awarded Aug. 18,1925 Oct. 18, 1925 Oct. 28, 1925 May 1, 1023 Apr. 29, 1926 June 19,1923 May 10,1929 savirigs crdinance and all clocks | the 1932 Pulitzer Prize of $1,000 171,780,000.00 b 3,696,000,000.00 hour the “best sample of a reporters’ 207,307,000.00 124,940,.000.00 34,681,000.00 0 0 J 24,056,000.00 10,575,000.00 504,027,000.00 0 304,200.00 804,200.00 91, 31, 79,700.00 74,800.00 34,631,000.00 10,016,115.00 24,614,885.00 [ (A)24,614,885.00 No interest 8,971,000.00 15,648,385.00 10,016,115.00 25,659,500.00 i3 74.1% 862,668.00 2,668 23,752,217.00 Hungary Dec. 15,1923 Apr. 25,1924 0 1,685,800.00 299,000.00 123,854,000,00 8,854,000.00 115,000,000.00 17,234.66 0 417,780,000.00 115,000,000.00 No interest on 3.32% pre-armistice debt. Average for whole debt, 1.79% 191,766,000.00 226,014,000.00 ,985,000.00 ,015,000.00 66,628,765.34 8,864,000.00 45,869,000.00 1811 1,414,233,914.26 14,165,000.00' 3% 30.1% 2% | | 17,100,000.00 19,600,000.00 0 161,350,000.00 232,000,000.00 150,000.00 14,490,000.00 0 1,246590.19 2,377,605.00 38,650,000.00 1,215,270,000.00 0 590,000.00 9,500,000.00 1,246,990.10 2,831,605.00 200,000, 1,447,270,000. 160,000.00 406,555,000.07 (B)165,571,023.06 2033,743.00 8,803,205.00 3,921,547,9. 4,499,520,000.00 (B)20,180,000.00 i 2,125,000.80 266,570.00 19,261,432.50 6,325,000.00 1,500,000.00 $1.322.00 148,592.00 40,738,568.00 75,960,000.00 130,000.09 Yugo Totals Ttaly Latvia Lithvania Poland Rumania Slavia All Countries June 15, 1925 Dec. 15,1922 June 15,1 Dec. 15, 1922 June 15,1925 June 15, 1925 » Nov. 14, 1925 Sept. 22,1924 Sept. 22,19, 1,021,000,000.00 617,233,500.00 0 33,500. 5,132,200.00 559,879,700.00 891,600.00 0 12.300,4\00 00 (C)1,984,365 13,830,000.00 3.31% 9,015,000.00 3,915,000.00 $11,668.12 1,900.00 00 581,000,000.00 998,388,300.00 5,276,388,300.00 0 15,000,000.00 5, 22.67 7,40 o499, 20,822,122.61 0 0 1,159,200.00 9,300.00 180,684.73 9,009,815.27 205,390,313.11 4,025,386,686.89 111,181,914.26 4,604,128,085.74 1,535,000.00 18,127,922.67 starting nest Monday, May 8. | | f wiil be st forward cne | BIG PROFITS to Share . . IN THE 3 560,078,300.00 1,169,200.008 | 8.281,900.00 4,074,818,400.00 15,000,000.00 | $1100.00 640,491,600.00 4,662,922.67 | | $,190,000.00 ,715,310,000.00 19,062,022.67. | | BREWING INDUSTRY | Brewerics fcrmerly were owned by family groups . . . TODAY . a limited number of units of stocks are available. The stock of The Alacka Brewing and Malting Co. may now be cbtained in units ¢f cne share of 7 preferred and one share \ of common stock. 3 9,316 386,686.89 4,128,085.74 2,922.6% 9,000,000.00 4,025,000,000.00 4,600,000,000.00 18,125,000.00 3.31% No interest 3% until 1988 26 ¢ until 1931, 33 after 1933 L 1% from Average for. | 1931 to 1941, ‘entire period i Average for 3.31% entire period 64% 1,681,369,000.00 3,206,948,000.00 5,495,000.00 | 2,343,631,000.00 1,303,052,000.00 12,630,000.00 205,390,318.11 111,181,914.26 1,685,000.00 24 Nov. 14, 1924 Dec. 4,1925 May 8,1926 10,605,000.00 6,879,385,000.00 3,242,672,543.00 2,902,744,803.12 [] 37,915,600.00 11,091,300.00 0 159,667,000.00 24,705,201 16,762,200.00 00 1,984,800.00 2,208.2713,200.00 6,023.306.705 51217.\;(“ 7\;7.52;. 60:00 13,024,702,346,12 o 364,300.00 0 0 1,798,600.00 727,700.00 271,819,200.00 800.00 57,598,900.00 130,800.00 1,500.00 263,300.00 $60,280,300.00 800.00 57,963,200.00 130,800.00 1,500.00 2,061,900.00 932,099,500.00 1,685,800.00 298,200.00 1,647,869,200.00 5,132,200.00 502,280,800.00 760,800.00 1,984,000.00 2,150,150,000.00 5,893,000.00 36,117,000.00 10,828,000.00 746,945,000.00 59,667,000.00 9,850,138.343.00 22,657,000.00 12 2,242,464,50 12,092,602,846.12 other reasoms....... . 44,246.96 107,950,633.66 113,437.24 184,452.08 3,758,974.0L 2,350,548.46 3,306,887.61 520,807,431.53 Leaving a net debt of 1,939,763.04 2,042,199,466.34 5,779,662.76 8,081,546.97 178,565,025.99 44,594,451.54 62,867,112.39 11,671,795,414.59 Cash paid at time of settlement for ad- justment purposes.. 2 € 753.04 199,466.34 4,562.76 1,546.97 5,025.99 445154 1.112.89 R Leaving a net debt for which bonds pay- able over a period of 62 years were AYOD ; +.05 oo g i Sath 1,039,000.00 2,042,000,000.00 5,175,000.00 6,030,000.00 17£,560,000.00 14,500,000.00 62,850,000.00 11,665,003,885.00 Average ratés of interest payable under e gl olboe Syt iyl 3.31% N interest 3.31% 34 3.81% 3.32% 1.03% 2.135% The extension of time of payment to 62 0 Years (Austria_excepted) and the low- Average over . ered rates of interest operated to give entire period | the debt as funded (figured on a 5% 2 income basis, which was the rate gen- 4 erally specified in the original loans) a current cash value at the time set- tlements became effective, of.. . 1,388,000.00 426,287,000.00 4,137,000.00 4,322,000.00 127,643,000.00 29,607,000.00 15,919,000.00 5,888,104,000.00 Which represented a concession of...... 551,000.00 1,615,713,000.00 1,638,000.00 1,708,000.00 50,917,000.00 15,083,000.00 46,931,600.00 5,676,989,885.00 Thie, combined with the prior concession s RS IR AR 44,246.96 107,950,533.66 113,437.24 184,417.08 3,758,974.01 3,306,887.61 520,807,431.53 tal concession by the ] b i3 oy PRI T 6 o 595,246.96 1,723,668,533.66 1,751,437.24 1,892,475.08 54,675,974.01 50,237,887.61 6,197,797,316.53 Or, expressed in percentage. . 30% 80.2% 29.8% 30.5 80% 15.9% 51.3% Payments made to U. S. under the fu agreements exclusive of cash paid for adjustment purposes at time of settle- ment, and of payments made prior to settlément % (a3-—To apply on principal, 73,995.50 32,100,000.00 9,200.00 234,742.00 1,287,297.37 2,700,000.68 1,225,000.00 474,046,943.87 (9==Xo' apply ,on’ interest.. 393,717.78 2,766,687.50 605,989.96 984,610.98 19,310,775.90 0 0 1,297,696,383.29 TOPAL. ...0coencarascecnns 467,713.28 40,866,687.50 615,189.96 9 " 20,698,073.27 2,100,000.00 1,225,000.00 1,771,143,321.16 Leaving met debt still payable.......... (B)1,994,077.10 2,007,408,125.00 (B)7,085,45816 (B)6,383,612.00 (B)215,280,815.46 (B)63,860,500.43 61,625,000.00 (B)11,426,777,854.78 Payments due U. S. in 1932 under settle- ment agreements but not paid up to Dec. 31, 1932....c..c0c0cvvnnees PR 40,729.35 3,302,980.00 (E)24,996,611.85 Payments dus, under orlginal agreements, on_or before yu%Y: 15, 1933, not including 5 g 1932 defaults of postponéments........ 28,260.00 13,545,438.00 116,961.00 132,091.00 3,659,062.00 1,000,000.00 275,000.00 143,736,294.00 . bas been omitted fi this tabulation all refer miethod of stating all accumulations on _otigin:| loans over riod of 20 years and carrying 4% interest ' Tt it oo ks, Eiberis, Nichfogua, Atmenia, befofe deducting payments, credis, etc... (A)The ':trsh ‘were ‘given. *Up to Januiry 7. 1933, Greece Secbia and Rusia, which 1 1932 wd over $300. are payable in 40 years i nl'e‘?; (®) ku: 351,000 on sccount o prngps 104 £ esune .000, Some of dhese were paid or cancelled. an paSifienits, have | interest on this loan. Because of deferred, interest these debtors, however, was Russia, whose ded into principal; (Oflm—mm&ulfiw- 9345 to_principal, the status of this loan on January 7, t to the United States now excceds $329,000,000 alone. on_account of loss of cargo on ship K z 1933, was $11,937,624, which, added to the balance As the present Russian government has never recog: ‘mine; (D)The figures in this column relate solc! due on the original loan leaves a total balance of $32, nized by the United States, there have never béen nego- original war loan to Greece. In addition to © 117,624 due from Greece. (E)lncludes $265,285 due but Southeast Missouri in 1811 was ever | heavier than those of last year, possible owiig to the remotenessaveraging 245 pounds as against of the region at that time, 231 last winter. have a FOOD SALE at CARKS| Grocery on May 20. —adv. | all previous records, amounting to g _compared with 52% tons TR 1Y P J ed attainment of a perfect record in mumber of dental corrections among children. The earning power ¢f the commen stock as you must realize, i{ has great carning possibilities in the future. | Alacka Brewing and Malting €c's tangible assets will be indicated to ycu and we are cffcring a reliable opportunity to MAKE MONEY. T NOW! Right Reserved to Limit Sales $25 Per Unit For full infcrmation fill in and mail this coupen or phone Mr, Nehammer at 249. INVES Alaska Brewing and Malting Co., Juneau, Alaska. Please send me further particulars on BEER profits. Alaska Brewing & Malting : Company Offices with Allen Shattuck, Inc. Dor’t Get “DUSTITUS” from using a broom or a vacuum cleaner with a broken back. TRADE EITHER IN ON OUR NEW OILESS GE CLEANER Two $30.00 and $42.50 Terms Like Rent Models Alaska Electric Light & Power Company JUNEAU—Phone 6 DOUGLAS—Phone 18