The Daily Alaska empire Newspaper, July 15, 1933, Page 4

5 4 Daily Alaska Empire GENERAL MANAGER ROBERT W. BENDER evening except Sunday by the COMPANY at Second and Main Published EMPIRE PRINTING Entered in the Post Office In Juneau as Second Class matter. SUBSCRIPTION RATES. Dellvered by carrier in Juneau and Douglas for $1.25 per month. By mall, postage paid, at the following ri One year, In_advance, $12.00; six montbs, in advance, $6.00; one month, in advance, $1.26. Subscribers will confer a favor if they will promptly notify the Business Office of any failure or irregularity the delivery of their papers. e ephone for Editorial and Business Offices, 374, MEMBER OF ASSOCIATED PRESS. he Associated Press is exclusively entitled to the u!?’r!’fr Tepublication of all news dispatches credited to it or not otherwise credited in this paper and also the Jocal news published herein. ALASKA CIRCULATION GUARANTEED TO BE LARGER THAN THAT OF ANY OTHER PUBLICATION. ADMINISTRATION DOES NOT FORGET ALASKA. It is gratifying to know that the Administration has not neglected the unemployed of Alaska in its allocation _of Federal funds for public works the expenditure of which is designed to furnish jobs to the involuntary idle. Fears had been aroused recently, owing to the fact that Delegate Dimond was unable to obtain assurance that any of this money would be allocated to Territorial projects, that in its concern over the plight of the millions of unemployed in the States, those in Alaska might have been overlooked. Press reports to The Empire set this uneasiness at rest and disclose that hundreds of thousands of dollars, probably in excess of $2,- 000,000, has been designated for local projects. Just what these projects are no one knows. A long list of them was prepared by Gov. Troy and Delegate Dimond, embracing roads, trails, air fields, buildings, rivers and harbors projects and other work. Which of these have been approved have not been announced. Just now the major requirement is that the funds be made available with the least possible delay. Every bit of red tape should be taken off the expenditure so that men can get to work at once. The remainder of the working season in the interior and far northern districts is extremely lim- ited. If unemployed workers of those areas are to earn sufficient funds to enable them to live through the coming winter haste in opening the WOk is imperative, It is not much less so in South- east Alaska. While our season is somewhat longer, there is not enough certainty about weather con- ditions here to gamble on keeping crews in the field throughout the winter. In allocation of the funds to Alaska, the Ad- ministration took the first step toward relief. The next step is to take all strings off the money, except such as are deemed necessary to insure proper expenditure, and make it immediately avail- able. WHISKEY MONOPOLY IN MAKING? Eastern newspapers recently carried a copyrighted International News story to the effect that charges are to be laid before Attorney General Cummings that a group of financiers are seeking a virtual monopoly of whiskey production in the United States in anticipation of Prohibition repeal. One holding company, it was learned, has' obtained control of 55 per cent of the distillery capacity of the country. Just now it would not be difficult to acquire control of the visible supply of hard liquor in the United States. The total stocks are slightly under 12,000,000 gallons of which only 4,800,000 are matured. 1t is expected that the consumption of whiskey with repeal effective would be 8,000,000 gallons a month. The inadequacy of the supply on hand is emphasized further by the fact that in the pre-Prohibition era, American distillers carried on hand in the neigh- borhood of 300,000,000 gallons of spirits. If the constitutional ban is lifted, Americans will have to look for a while to foreign countries for a large part of their whiskles. Canada and Scotland are the principal sources. Some of the industry’s lead- ers are of the opinion that there are not at present enough distilleries in the world adequately to supply the vast American market for several years after repeal. That means, of course, that good whiskies will be at a premium. Congressional “wet” leaders have been giving serious study to the situation. They are reported to be giving consideration to legislation to allocate whiskey production throughout the country after repeal as one means of preventing monopoly and profiteering. Another possible avenue of preventive action would be exercise by President Roosevelt of the licensing power reposed in his hands by the National Recovery Act. BACKING THE NEW DEAL. One would not expect to find Kuhn, Loeb and Company, great private bankers, whom the Senate Banking Committee is now investigating, lending jts support to the “new deal” in industry and finance that the Roosevelt Administrtaion is pressing with all its power. Yet what other conclusion can be drawn from a statement made by Otto H. Kahn, senior partner of that firm, during one of the committee’s hearings: If some way can be devised by which rich people will pay more money to the Government; by which people pay what they manifestly on the face of their income ought to pay; I think you wil render a very great service to the community. I think the test of speculation is the to an almost controlling extent; when you gentlemen will all these Instrumentalitics that deal with money and currency should be under supervision. These statements might have been made by a Socialist candidate for Federal office. But they were not, Mr. Kahn made them. With their context they compose a significant revelation of the social conscience of a great banker. In the realm of private banking one might expect to find the philosophy of laissez-faire making its last stand. Instead one of the most notable of private bankers is in the vanguard of those forces suggesting more comprehensive control of business and finance by public authority. Mr. Kahn not' only endorses the new deal, but questions whether it goes far enough in its assumption of authority to curb private financial transactions in the public interest. Mr. Kahn's constructive suggestions are an en- couraging proof that a new order of controlled competition which seems to be upon us will have the support and cooperation of some powerful lead- ers in a field that was expected to be relentless in its opposition. Kuhn, Loeb and Company is the second great private banking corporation to come before the Senate investigators. The first, J. P. Morgan and Company, was not nearly so constructive in its criticism of the existing system. Yet the testimony given at both hearings emphasizes once more that private banking is a misnomer, that the public interest requires the absorption of the doctrine of non-interference into the larger field of regulated and responsible finance. Austrian Nazis are reported to be placing the left hand over the mouth as a salute to their com- rades. The Government’s supporters might adopt as a response the old American custom of placing the thumb of the right hand to the nose and waggling the fingers. The average man is more interested in having a pocketized dollar than one that is merely stab- ilized. The G. O. P. Boo. (New York World-Telegram.) The long expected national Republican attack on the Roosevelt Administration has begun. Represen- tative Snell, Republican leader in the House, has opened the offensive—doubtless after long consul- tation with the other Republican generals. Mr. Snell objects to the new deal. He says it costs too much government money and he says it has set up a system of “bureaucratic dictation . . . in some respects equal to that of Russia.” In charging that the administration has not balanced the budget he does not deny that it has virtually balanced the operating budget. But he objects to a separate extraordinary budget covering capital expenditures. Far from being tricky book- keeping, as he charges, this system is used by most corporations. The fault is not in having an emergency budget, but in the failure, during fat years, to lay by a surplus for the lean years. The blame for this rests with the Republican administrations which re- duced taxes of the rich during prosperity and failed to build up an emergency reserve fund, as this news- paper pointed out repeatedly during the Mellon- Hoover reign. Emergency’ expenditures must be made during times of depression even though the revenues are low, as the Hoover Administration discovered with its five-and-a-half-billion-dollar deficit. The chief difference is that Mr. Hoover, Mr. Snell et al poured Government money in from the top—in the form of higher tariffs sand Reconstruction Finance Corporation loans to Big Business—while the Roose- velt Administration is seeking to put money in at the bottom to help the little fellow and to revive business by creating a mass purchasing power. ‘There is no longer room for arguments as to which is. the more effective method. Three years of the Hoover method left the depression at its lowest level, not only depriving millions of jobs but wreck- ing companies and banks. Three months of the Roosevelt method has produced a strong and steady rise in business activity and employment. ‘To be sure, there is no absolute guarantee that the new deal will succeed permanently—the future may force even a more fundamental change as the price of survival. But whatever happens to the new deal, the old deal smashed itself so completely that it can never be put together again by all the Snells in the nation. ‘There remains the Republican charge that the new deal sets up a dictatorship “in some respects equal to that of Russia” The idea that Mr. Baruch, General Johnson, President Harriman, of the United States Chamber of Commerce; Mr. Swope and other backers of the national Industrial Recovery Act are Bolsheviks is too funny for serious discussion. And the notion that Congress, in delegating to the President executive powers similar to those long exercised by American city managers, has transformed our democracy into an American Soviet indicates ignorance of affairs either in Washington or Moscow. But the main thing Mr. Snell and his fellow Republican campaign strateglsts have to learn is that the American public is no longer frightened by the Russian bugbear. So long as the new deal works as well as during the last three months Mr. Snell can shout Socialism, Communism, Fascism, Anarchism, Amosandism or any other irrelevancy without provoking from the American public more than a satisfied grin. A Vanished Century. (St. Louis Post-Dispatch.) The melancholy reminiscences of an economist, |musing over the nineteenth century, should, at the |behest of truth, take brief account of the abusive |facts. However happy the estate of the fortunate was, the books had many red entries: brutal labor conditions, long hours, low wages, the grinding |tyranny of ever-present poverty, the dreadful war- |rens of the poor. Wealth had acquired but the rudiments of social consciousness, and in compara- |tively rare instances. Trade was ruthléss. Coloni- zation was concerned with the profit and the power. England had her India, Belgium her Congo. The |fashionable Russia of the Romanoffs flourished in elegant extravagance on the misery of the serfs. Our own democracy violated her traditions in the spoils of dollar diplomacy. Mexico under Diaz wis capitalism’s paradise. It is all over, as Mr. Keynes sees it. His in- tellectual integrity requires him to acknowledge things as they are. He now believes that each na- tion must be mistress of her own home. “Goods should be homespun,” as far as practicable and each nation must control its own finances. That is what he means by national self-sufficiency. * * * |The philosophy which Mr. Keynes has arrived at, |under the logic and testimony of events, is much the same as that of Dean Donham of Harvard, who believes that America has the material assets and industrial skill to construct a prosperity sur- passing anything we have yet experienced. THE DAILY ALASKA EMPIRE, SATURDAY, JULY 15, 1933. Today and Tomorrow By WALTER LIPPMANN i High and Mighty Language LONDON, July 4—A few hours after the President’s statement was received in London I met the Fi- nance Minister of a country which is strongly in sympathy with the President’s policy. ' The minister was glad that the President had refused to subscribe to the gold declaration prepared at the end of last week. But he was bewildered by the statement. “We are not children,” he said, “and we do not see why we should have to be talked to in such language.” This is, I believe, an accurate sample of the feeling in London. With Mr. Roosevelt’s decision there is wide-spread agreement. Even in the gold delegation the ablest men recognize that, however inconveni- ent it may be to them, the Presi- dent is justified in following out his policy. But if there is any one who thinks that the language of Lthe statement can be defended, he is not easy to find. Thus the fi- nancial editor of ‘“The Daily Her- ald,” who has been an active par- tisan of the President, remarks this morning that “even those of us who support President Roose- velt's policy- and regard .it as the only proper approach to the prob- lem of depression, may indeed feel that he has up to date treated the World Economic Conference a lit- tle too contemptuously.” If this is the way Mr. Roosevelt's friends feel, it may be imagined what is the state of mind of other people. ‘Theodore Roosevelt used to ad- vise statesmen to speak softly and carry a big stick. Franklin Roose- velt carries the biggest stick in the world but he has chosen (o speak loudly and harshly. CRE One wonders why. The explana- tion, I suppose, is that Mr. Roose- velt wished to turn the attention of the conference away from the immediate problem of the exchang- es to the consideration of more far reaching projects. If that was his intention, then it must be said at once that he must be wholly out of touch with the realities if he thinks he can do that by issuing prononciamentoes. He cannot have understood the state of mind in the gold countries where among the governing classes the fear of inflation is an actual phobia. These gold delegations here are fighting, as they firmly believe, to 20 YEARS AGO From Tne Empire ey JULY 15, 1913 4 The taking of evidence in the protect themselves against political|yro nonald case began the after- and social ruin. . They may bel,oon pefore and continued all day. wrong, but they believe it. EXperi-|yoiireccas examined testified to the ence alone and not words from |, eiminary features of the case America can make them cease tO|., 4 not until afternoon did the bfflzrve it. Therefore under present government Teach the point of in- circumstances it is idle to imagine ;4 0ing the story of the shooting that they will discuss a radical re- |y . roqnted in the death of N. C. construction of the world's financ-|;ones The court room was crowded e } with spectators, many of them Likewise = Mr. Roosevelt cannot |women. have understood how completely unequipped are his representatives| yward T. Bower, head of the here to deal with the kind of Proj- |ynited States fisheries service in ect he has.in mind, For one thing|ajaska, arrived in Juneau with they do not know what is in hislthe Osprey, the new purchase made mind. For another there is not|hy the U. S. Fisheries bureau for among them a single man who un-|service in Alaska. She was a trim derstands monetary questions Suf-|eraft 72 feet long with a gross ficiently to debate them. For an-|peam of slightly over 17 feet. other they have been so frequent- ly repudiated that they are demor-| ¢, D, €. Jackling, vice-presi- alized. For another they are di-|gent and managing director of the vided among themselves. HOW CaNn {alaska Gold Company, the hold- a delegation, which lacks autherity, ing company of the Alaska-Gasti- which lacks technical competence.|neay Mining Co., of which he was which lacks unity, which lacks|g)e, vice-president and managing contact with the President, hope 10 |girector, expressed himself as being undertake the kind of difficult pleased with the work which had negotiation for far-reaching re- forms which the President desires? It cannot be done. Mr. Roosevelt's purposes may be excellent. He has completely failed to organize a dip- lomatic instrument to express them. @f Mr. Roosevelt means what he says, he must send a new delegation to London which knows what he means and has power to act for him. e The simplest explanation of the whole episode is that Mr. Roose- velt has been isolated on a boat, that he has not been kept inform- ed, that he has lost touch with his advisers, and that lacking clear knowledge he has given hims2lf the pleasure of being temperamental. Is there any better explanation? There are some 'who have tried to think that the statement may have been couched in language suited to domestic politics. It does not seem likely. Congress is adjourned. The President is popular and powerful He does not need to play politics at this time. It is much more like- ly that he has not been kept prop- erly informed and that he acted on an impulse. But whatever the ex- planation he has hurt himself and his cause, and if his advisers are frank with him they will say so. Copyrignt, 1933, New York Tribune Inc. —SPORT watches in five experienced hands say. Maybe so, but laboratory ex- periments, as well as the Kirby “camera clock,” tested and proved, have shown some startling compar- isons with stop-watch timing. In general, the hand-timing has been L!asr,er, although it may fluctuate |either way. By ALAN GOULD The fact that such fluctuation # |actually éxists is enough to subject After examining the amazing re- | many stop-watch recordings to turns from the National conegme.quesnom It seems to us that the track and field championships at)substilution of electric timing for Chicago, where a negro schoolboy |all our big championship meets, at from Cleveland, Jesse Owens, equal.{least, is the only answer to devel- led Ralph Metcalfe’s and world OPing real accuracy and confidence. record time of 9.4 seconds for 100 It may jolt some of the boys, but yards, you couldn’t blame an en- (it may also prove the current gen- thustast for writing us as follows: leration of speedsters, like Metcalfe, “At that rate, how soon will it} be before some young fellow, un- der perfect conditions and pe haps a ‘rolling start’ sprints i yards in 9 seconds flat? Doesn't it seem entirely - possible to you, sidering the way:world records i almost every event have bec knocked off? T “Who would have figured Ted Meredith’s quarter mile record ‘would be smashed to bits in one year, not by just one but by two runners, Eastman and Carr? Who would have figured three runners within a year would surpass Paavo Nurmi’s famous 4:10 2-5 mile rec- ord? I refer to Ladoumegue, Venz- ke afd Cunningham. ‘““Whoever considered it possible for the 120 yard high hurdles to be megotiated in 14 seconds flat? It hasn’t been done yet, but two young men have heen clocked within only one-tenth second short of that time and they no doubt will be down there before long. What's the limit, if there is any?” Hand Timing I do not question the sincerity or experience of most of our timers. I know a number of men who have held stop-watches for two-score years, like Mortimer Bishop and the old master, Col. Charles J. Dieges, without fear, favor or a tremble, But I also happen to know that the consistency of hand- timing, generally, as compared with electric or automatic timing, is subject to considerable question. " 'This seems to us to be elemen- tary. Proponents of hand-timing may say you can't go wrong by taking the average of what five ens, Hornbostel, Bonthron, Cun- m and Vanzke is really fast- than the watches so far have ven them credit for. ot In This Life ‘To our somewhat astigmatic vi- , the “nine-second 100" is no being achieved now than it ‘was when Arthur Duffey first dashed the distance in 9.6 seconds. Tt has taken over 30 years for sprinters like Simpson, Wykoff and Metcalfe to flash past the tape in 94 with or without starting blocks. I doubt if any of the three really ran faster than Duffey. It will take at least another 60 years, plus a springboard, wings and an airplane motor, for any human being to do 9 seconds flat. - e — NOTICE! The Juneau Water Works have moved their offices to the First National Bank from where it will transact all business. adv. JOHN RECK, Manager. SOMETHING NEW! —Try Our— TOMATO " ROLLS ‘Juneau Bakery FRYE’S BABY BEEF “DELICIOUS™ HAMS and BACON Frye-Bruhn Company Telephone 38 ] Prompt Delivery MURESCO We Carry a Full Line Juneau Paint Store been done Dy tne company’'s de- |velopment work near Juneau. U. S. Marshal H. L. Faulkner purchased the James Gillen prop- erty on Main Street above the resi- dence of Judge J. R. Marshall. The property had a magnificent view and would furnish two building lots. Marshal Faulkner was hav- ing plans drawn up for the con- struction of a house on one of them. Mrs. M. Wollenberg and her daughters, Mrs. O. Black and Miss Lucille Wollenberg, were visiting at Eagle River. —_————— Advertisements in today’s Empire tell you how much foods, clothing and household needs will cost you before you go shopping. FINE Watch and Jewelry Repairing | at very reasonable rates | WRIGHT SHOPPE | PAUL BLOEDHORN ) | | | JUNEAU SAMPLE SHOP The Little Store with the BIG VALUES PROFESSIONAL Helene W. L. Albrecht PHYSIOTHERAPY Mpssage, Electriclty, Infra Red Ray, Medical Gymnastics, 307 Goldstein Building Phone Office, 216 Fraternal Societies e ) Gastineau Channel | -+ B. P. 0. ELKS meets every Wednesday at 8 p. m Visiting brothers welcome, L. W. Turoff, Exalt- ed Ruler. M. H. Sides, Secretary. KNIGHTS OF COLUMBUS Seghers Council No. 1760. Meetings second and last Monday at m. Transient brothers urg- ed to attend. Council Chambers, Fifth Strees. JOHN F. MULLEN, G. K. H. J. TURNER, Secretary Our trucks go any piace any | ‘time. Ah.nklumuelolli and a tank for crude ofl save | 5 burner trogble. 4 PHONE 149, NIGHT 143 RELIABLE TRANSFER 1 l Dr. Charles P, Jenne DENTIST Reoms 8 and 9 Valentine Bullding Telephone 176 Dr. J. W. Bayne DENTIST | Rooms 5-6 Triangle Bldg. | Office hours, 9 am. to 5 pm. | | Evenings bv appointment Phone 331 JUNFEAU TRANSFER COMPANY M oting and - Storage Moves, Packs and Stores Freight and Baggage Prompt Delivery of FUEZ OIL ALL KINDS OF COAL ey’ B Dr. A. W. Stewart \ DENTIST | Hours 9 am. to § pm. | SLWARD BUILDING | Office Phone 469, Res. | hone 276 S | Konnerup’s MORE for LESS Robert ‘Simpson Opt. D. Graduate Angeles Col- lege of Optometry and Opthalmology Glasses Fitted; Lenses Ground “Tomorrow’s Styles Today” 14 Juneau’s Own Store Rose A. Andrews Graduate Nurse Electric Cabinet Baths—Mas- sage, Colonic Irrigations THE JUNEAU LAUNDRY | Are you moving, or just cleaning house? In either case you'll want your drapes cleaned. JUNEAU-YOUNG Funeral Parlors | Licensed Funeral Directors and Embalmers I Night Phone 1851 Day Phone 12 ’ & —————8 l SABIN’ Franklin Street betweem | Front ap? Second Streéts Office hours 11 am: to § pm. Evenings by Appointmént | Second and Main Phone 250 ——— S S S JUNEAU FROCK SHOPPE “Exclusive but not Expensive” Coats, Dresses, Lingerie ALLAMAE SCOTT Expert Beauty Specialist PERMANENT WAVING Phone 218 for Appointment | Entrance Pioneer Barber Shop CHIROPRACTIC “Health from Within® | * Solarium Baths * ! —Authentic— Palmer School Graduate DR. DOELKER PHONE 477 | GARBAGE HAULED | | Reasonable Monthly Rates E. 0. DAVIS TELEPHONE 584 Day Phone 371 CHIROPRACTOR Golastein Building Office Hours: 10-12; 2-5 Evenings by Appointment GENERAL MOTORS and MAYTAG PRODUCTS W. P. JOHNSON TheB M. Be!wrends Bank ]l'nigm ; BANKERS SINCE 1891 'Strong—Proy;mive——Comrvative 'We cordially invite you to avail | yourselves “of our facilities' for . handling your business. s Alaska RPHEUM ROOMS | Heated. sted. Rates by day, | or month. Near Commer- | Dock, foot of Main St. Bessie Lund | PEERLESS BREAD Always Good— Always Fresh “Ask Your Grocer” . b