The Daily Alaska empire Newspaper, July 26, 1933, Page 2

A EMPIRE, WEDNESDAY, JULY 26, 1933. " MATTERN GIVEN Managed Money—What oIy | ++ et i v oo MAL MWE ; No. 4.—~Mixing Silver with Gold Them?:figfher [ ,'?{ ¢ 1913 1918 1923 1928 1932 By the U. 8. Weather Bureaw) £ Forecast for Juneau and vicinity. beginning at 4 pm.,.July- 263 Partly cloudy tonight and ’rhursday, gentle variable winds: J uly Speaals ' N THIS CITY ® 7 ) {ri ' d ‘ i t‘ b ‘,-Ugg[.EDDBSATSA/gES : 1;:. yesty ... 2 15 59 5, 69 i wS me;"’ wCldY .m. tod: 12 Bz = o ¢ 2 3 Flier Who A 5pmpled g Moo todRy L300 B G 98 B 3. oy nveS“m jufiéau Highest w.n. 1 uwmnm 4am. S 5, 2-piece, $1.00 = k| “toontinusd’ {trout Page Ohe) 128 . _4am. ; Breesettes, 2 {)1 , § sl PG ¥ b oS AP i Bshuon ump. ump. |l tem, temp, velocity Aeaths Non-run R"‘."f’" Bloomers, Panties, i 1o ST AT Y Nmumc B s 52 50 ! ig ig ‘2 3 g{gy Stepins, 50¢ each or: the naval offioers, was received Bethel s 60 56 | 54 54 6 08 Rain :, i k and Mattern and his party went v s : Non-run Rayon Pajamas, 75c¢' pair | there. 4 230 i LRl o8 X g 0 Clear . T d D Sets, $1.50 e #7072 godeble apier arriv- vairbanll .. . W | 53 e & o o Lace Trimme ance Sets S5 : . | Clear N ’ M ‘;’dm""““”tfl":‘f e 20 Eagle 0 TR B TRl R Clear Princess Slips and Sllk Petticoats, hjs way, to the kitcl | St. Paul . V8% 182 '] 46 48 , 10 'loe Cldy $1.95 each oeden W“;"“;“mk“"d 7ol Dutch Harbor ... 74 72 | 58 58 4 Trace Cldy R /.| cups. of wf‘}goon:\d sat ::nn;:u:t?‘ gw(:::u ;g ;g 1 22 ;g . i g i vhi orY . [ Ladies Cotton Gowns, white and imichas. Jimy says. ever since| 10 . et s M e oty To: » each hu days, of méager ‘food supply in| 30 (UNITED STATES, R e © e 3R R i . i CO. i 50_(‘ pal 1 ,| Siberia, and lack of good' American 3 ~IN TERMS OF SILVER Ketehikan o ot | :Z 5 X i g Pt.ccl:rx Ladjes” Lisle Union Suits, 75¢ :::"‘; he m ::";; cclfil::uo":l - Prince Rupert ... 60 5¢ | 48 50 4 0 Pt.Cldy Ladies’ Lisle Vests, 35¢: H‘l of N, Y, June 3 T = :tz | 5¢ s 4 0 Clear Jimmy Mattern Jleft New York 80 it o 58 58 8 0 Clear 1210 1214 o1 1922 |Portland ... 82 82 {+ 58 58 4 [ Clear {n, fne morning of June 5 ] San Francisco 80 70 52 a direct hop to Oslo, ' “fhe upper chart compares prices in China, based on silver, n | 80 4 0 Cldy : = Pt O with prices in the United States, based on gold, over the same period. The great differences in the economic organizations of the two countries are, of course, among factors pertinent to’ any such comiparison. The lower chart’ compares the purchasing power of silver inf the United States with that of gold. The charts are from “Prices,” a study of Profs. Gecrge F. Warren lnd Frank A. Pearson TALY'S FLEET ON THIRD LEG Reaches Whedin: aid Hops Off for Newfoundland Harbor SHEDIAC, New Brunswick, July 26—Gen. Balbo's armada left here at 4:40 o'clock this morning on the then to The barometric pressure is moderately low in Northwestrn Al- aska and falling slightly in Western Alaska with showers in Bering Sea. It is moderately high over most of .the northeastern Pacific Ocean and Southern Alaska, and about normal in the Interior, and Southern Bering Sea, with clear weather in the Interior and por- tions of the Southeast. Temperatures have risen in the central Interior. # Rayon Slips, 50¢ ivarious. other. hops in_ which he| xperienced bad weather and motm“ trouble flm.lly came dqwn at, Kha-| sk, Siberia. }'loppnq off from he, crashed oute ‘ip qur | w}lullymeu take) 1o, Ana- | d atter much delay flown, tp, Nome. jn a, large Soviet plane with, five fllers, and mechapics, At .| Nome, he Jolned the Ellis-reliefers| PArty, . fley to. Falrbanks. The party left, yesterday afternoon b5/ at Kluane , ;etuel and ‘enjoy coflne lnd "doughnuts, then This is the fourth and last article of a serics discussing probleni¢ invelving money and proposals to stabilize its pur- chasing power. Girls’ Rayon Combinations and Slips, &t qach Girls’ Rayon and Pongee Pajamas, $1, 00 each Girls’ Rayon Vests' and Panties, 50¢ each with a money history as long as ‘ Children’s Lisle Summer Union Suits, 50c { | SOt gl il ol Tof s Hiow - sole. by ‘ s O R | i 2 |some advocates of money manage- |ment—not as the bimetallic hand- _|maiden of gold, but rather as its symetallic counterpart. Bimetallism provides that the maoney of the country might be re- By J. R. BRACKETT NEW YORK, July 26— Silver, « | REMNANTS. AL gem WHITE LINE CABS Matiérn and, nw ‘destinations Ket- rt. If clear- 4 New Materia]MNew’ ssortment deemed in either gold or silver, | i . . ! MareirletNey Yopstms 1;*:?’ ‘”n'*" V"”"““’;“"dwgs Symetallism makes the slight |(hird 1eg of the flight fo the 25 cents in Clty - 8? ‘“’“?’ gt G‘.ngncmwhere\dmn‘e M, the money Jnight be d:;?iimgg:t Jsmshfab:llyi-la.rg?: )::ae\')v“ ki e % e All at Half Pr“je Lk, Ity n, Todermmed 1o both gold, and shver, | ¢ 70 AL ' Telephone 444 White Line Cab and Ambulance Co. (not either one alone. Greece Ustd Two Metals During the ancient times Greece actually used coins containing both gold and silver, this compositz met- al being known as electrum. Underlying advocacy of symetal- lism is the claim that gold, as a single basis of money, fluctuates 50 widely in purchasing power that flight. depends upon circustances |i;' i unstam: whereaz, the argu- and condl!ldhq"“ he finds them|mant' goes, the fluctuations of the ays Lost ! |1two ‘metals together would tend to - ‘be smoother. o “Jimimie’” “nmm lived the "k“ Some economists suggest even a teen days, he was lost in the wilds ot Noithem Stberia in the best further step so that the money 3 base’ would include .other precious ; a\}‘g Qrusoe traditlon, ¢ he nnq he was flying_around c&;i:i'u Pilot ?( ONE SEAPLANE DOWN NEW YORK, July 26.—A Balbo seaplane, flown by Capt. Rovis, has been forced down to a safe land- ing near Traverse, Prince Edward Island, according to a radio re- ceived by the Mackay Radio Com- pany. 3 B M. Behrends, Co.. nc. T . . - s, i the others " conunulng to Edmbntun which was expected to be reached | this, gvening., Mattern planned. to )y then. to, Chicagh ‘and hop for | New Yark. Mattern's future plans for a world THE HOTEL-OF ALASKAN HOTELS The Gastineau Our Services to You Begin 'nnd Emi‘ ;l t4he Gang Plank of Every Passenger-Carrying Boat Juneau’s Leading Department Store " PASSENGERSON. NORTWESTERN. SHOAL HARD@R, July 26.—The Italians have arrived here in the harbor minus one seaplane which was forced down' in Victoria Harbor for repairs. . ———————— TENAKZE MAN DROWNS All-Stars and Navy Meet in Second Game This Evening ’metals, such as platinum, which might be stored—the more metals, The Firemen's All-Stars, 4 who swamped the Navy the ‘world crashed in a hilly POt the ‘slighter the fluctuations, ac- TUESDAY, EAST POINT TR A Ns F E RHED squad last.night by a 17 to 6 near the Anadir River; he suffered cording to the theory. score, willj try, to make ¢ cuty and bruises; when his cho60-| The intent of managed money is| Henry Kangas, resident of Ten- b: two. straight tonlzht Claude {iate “‘I‘ biseuits gave out, hie shot,to provide a stable price level, and |ake, lost his life by drowning yes- s Erskine, ¢ star, will start small game, and, while he awaited]statistics, cited by Proféssors G. F.|terday morning at East Point, ac- a boat, take him downstream, built &, érude But fof protection’ against the cold: |' Mattern WS, only faurteen hours rout of .Khlmnvlt when his motor | heman to. sputter. ' . Plane cording to a radiogram received by United States Marshal Albert White from Deputy Springer. No details were given but the body was ap- parently recovered as the message said no inquest was necessary as it was & cleu case of accidental death. * - Warren and F. A. Pearson, for the period of 1910 to 1922 show that the purchasing power of silver in ferms of commodities was smooth compared to the violent fluctuation in gold. That is, the amounts of \ g e Crashes gold required to buy certain com- He found no place to Jand his|modities varied widely at different ‘Qentury of. Progress .in the wild|times, while the variations were terrain, and he pressed on, finally|smaller in the case of silver. the. engine failed and the plape| Since 1922 silver's purchasing crashed three miles from the river{power has declinéd considerably, Deslroye; *drqn W:ll Leave omorrow for Neit"'Ahsi( PVKit (Connmlu - the game for the xocal outfit with Junge and J. Schmitz in reserve. The Navy m a nouthpuw in reserve - for wmhz who . turned back. Ketchikan last week when. the, um won, 10 to 3 after. having, beén de- fsated in tiie opener there. 1t is reported that the Navy is taking bets that they cop Elgh!y-slx Peopl» Aboard | ‘ Disabled Steamer Go South on Aleutian ‘ (Oéntinued trom Pale 6“.) oc.oJi-oooOno 0!\0) mitted on- board tanight, from ;6 until 8. Anather bauwn- u&m pigked MURESCO We Carry a Full Ling ed clear and at first we could’ not realize what had happened. | ' “Everyone, was ordered ta dress as rapidly as possible and go on'e tonight. teams from the. ,, and. Ju< d o g in ? deck. About 3:30 the ship lsted Th will be & regu- neau, will start . at on which Anadir is situated. ut had it been used for ‘money . S sharply to port and boats were put e Lt e i, event. e ithe sailors ape out fox,4zesl come- | . 1ta. propeller was bent, the right|lts price probably would have been uneau P aint dtore i qover the side. There was no con-'e starting at 6:30 pam. back, and a record crowd is ap-|wing smashed, the fuselage and moge stable since the world's great- 3 fusion' as pasengers were loaded] . ticipated. R motor dam: . Mattern was hurt,|er demand for it would have tend- . % into the boats and lowered as WE| standing by" on ' the ~disabled Today nmmm.‘ “MI Dlll_ll;!';l‘l;v l::t n:n l;fll::sl{. i ed amt;n:g::y t:. xeMt ik X g FRYE'S BABY BE.EF' d by Capt. Living- | i, u 3 g ta_get.aid, he st - . | T o steamer. 'men stated that, fl-yb were . Wr- the river, The journey, made dif! declare that no metal reserve For This New “G. E. stone that there was no danger a auti Early this morning, the sal . :::s‘::. ST S an e ‘mw’mlp Akutan, arrived at the Eag] ‘ River bar 'and the crews of ! In Small Boats Akutan and’the Northwestern “For three ana & nalf hours we|busy today patching the . remained in the small boats, pear | steamer preparatory to the a w the steamer, though the time pass-|to float it at "high tide. It is | ed very guiekly and no one was, that the Northwestern will bé ' “DELICIOUS” HAMS and 'BACON F rye—Bruhn Company Telephone 38 ===~ -Prompt Dellvery cult by the hilly’ oountryside ‘and/is nécessary for curtency. his_ignorance of his hearings, took| ,Use of a purely paper currency eight days. His food gave ouf, after qpmls strict money management /threp days. Then he made md 50 that supplies will not be in- use of the fishing tackle and rifie/creased to inflationary extremes, 'he had Wwith him. as happened, for instance, in Ger- | He built a house of scrub growth, |many. the "weather was cold, and wait-| .50 long as the people had faith € oughly enjoying, their stey in Jy- neau and. praised the ,;rlendly hos- | pitality shown by, | vn Quu,neau Chpnp M| Anderson’s _ai Twill p)ay tax the excited or upset. Coffee and sand- ' the 'bar in three or four days, 8¢ Fx Saqu gdw },9 ! ‘6t by the river six days until on in’a government’s credit such mon- b « wiches were passed around and cording to the'locsl ‘office of of .. 8. Destrover. Sqf 20 fishermen in two boats €V Seems to have been satisfactory, DON’T MISS: ‘' the time was spent pleasantly company. ' * e Sl tetritorial mlwem yas alsa’ They heard his shouts and|but, generally ng, experi- 4 ; £, enoygh; talking and fishing hats| "To lighter ' the freight oft him_ fo ‘thelr _camp, "eloven Anything Good! ‘*m&‘mfi “P Qh‘ Y m from Anadir. Shortly after- Wen“clx’e“:nfif a:d:‘t:rmm: J k "Q‘n’ihh'mtwmemt and|: Soviet Guard went to hls assist- : and other pleces of nppcre) from f the water. “About_six-thirty the small boots| were ordered to the side and we 5 clambered back on board the Northwestern. The ship was right- ! Northwestern, the trmh&r pere, of the Alaska Steamsiiip Gom ed and no list was noticeable,” ' 0, . . Davis said. eds of cars nuu e ;:"" Arvives ple ourious to seé the. Narthiwest “mn;av::nd:on of ury ! "‘ Fikies At seven o'clock the destroper |€rn beached ‘on . the land Mrs. Nick Bavarcl’, celebrate his C IR o o gty | Bl m"""aw B s Beracd ol A Salmon reek Roadhouse the scene of thie yesterday, from early the news was first recetved 4 o'clock a m, for the wreck, arrived on the scene and waited several hundred yards from the Bavard home on the Eagle River way. ANTON RE1SS - % Northwestern uptil the fide came|until late last evening, and M Yok ‘hf have bén“:fienw:arly this. ‘fia Harry ;p‘:;’x:; wfipmm m } A . up and It was possible to trans-|from the highway fo the scene, it alarm was|non, Harold Bloomquist, Billy Ba- |l Not for many weeks will i port the passengers to the Trever. | Those returning from the mnfi' : 0 _Buil Shaw, Junior Kendler, |l vou have an opportunit; . “Passengers were again loaded|Sald al low tide the stesmer i toe : B Outes T T e g i e pportanity " ipto the small boats and lso inio|completely out of the waier S p et T, prite Al- il like this. ! the power boats of the destroyer.(it is possible to walk around It.|7H ffl!hfl! k2 mfl‘&uf‘&m B it - A high ' class washer— Z / /i The latter towed the Northwestern Many took cameras with them .and ies. to the idéntits” og 1ihe| e Bovs left Juneati yesterday tG l?. ‘quality from stem PHONE 485 L ts o the Trever where the peo- | Procuri . t gang were discovered. . and played at Fairhaven (§l UO- Sten. AT were taken aboard. The trans-|er ‘on the beal dey loug with timg off for Yours on easy terms > ied a couple of hours, said | Davis who ‘accompan- ied the Trever on ifs rescue trip. A% as the passenger were transferred the United States mall was lowered over the side in cargo fer nets to to the Trever |morning to' view. steamer and (g oss. mu hull, & Power Co. ({3 9, anidhand bag-|get the facts of o _sceident fpr um A R S abau b . Donals . ‘ELECEROL - f c@urse- passengers. | his report. & & ~.-,‘. k.;. .4 i e 2 u:::::' Prof. Joseph E. llexnlc'fit hu aEMEeRD sk iy : . Annual_Southeast- [ rrl . transfer | been granted t by the o e "3 - lett the v{m:um:yn;r e :t: & years E‘%fi e Alaska Fair - a ne " 3 of ve teaching. “Anyone seel) o these 2 o g o o e it : Capt. Livingstone sind"_twenty Sonie<p IR s fpctoged :zmmmu Plumbing H“e-ihg Sllefiflfe‘lfl‘ ¢ of the crew were left $8. just_ disappeared ,frg on the First Ot a2 R. J. MI:K the Ahakl was rushed all dv ing and recetving radios from the Northwestern and the dm of the company. He . well known pl:& bflih afe’ described as 1 zfi‘x enzlne painted white; Daily Emptre Want Ads Pay. - tain- lions, the Marshal's office here. only interruption.. They returned 2 » vs taken his. life u flows: T-874, 19 foot, m.c,..L of known and a birthday cake, the . Bayard at the close hlnpy day. Try this washer in your own home.: ' Alaska Bectnc Luht THE TREND is toward PR