The Daily Alaska empire Newspaper, January 2, 1934, Page 1

VOL. XLIIL, NO. 6536. jUNEAU ALASKA TUESDAY JANUARY 2 1934, MLMBER OF AbSOCIATED PRE. SS PRICE TEN CENTS $0. CALIFORNIA IN GRASP OF MISERY e e e s a2 e . e et B, U.S. CONGRESS WILL ASSEMBLE AT NOON TOMORROW PRESIDENT TO MAKE ADDRESS AlaskaGold | Production To I ncrease‘ TOJOINTBODY yi.,, i e o Announcemcnl Is Made Roosevelt Will Deliv- er Annual Message PLEDGES OF SUPPORT 2 surv GIVEN CHIEFEXECUTIVE | i Bimetallism May Be Forc-; ed to Front Soon— Debate Anticipated yASHINGTON, The Congress of the United under the bnecxally to Break Previous Records WASHINGTON, Jan. 2—Alaska’s | mineral pw,:“wu:n in 1933 is est mated at $11,457,000 in a prehmm- y by the Department of the Interior. Thc total ollows production is divided T]IL sum of $10,758,000 in gold. sum of $64,500 in silver. sum of $500,000 in coal. sum of $134,000 in other als. The gold value is based on the The The Jan. 2.— old price of $20.67 an ounce, which premium of increases the present newly mined gold States convenes tOMOITOW yajue about $593,000. and everything seems set for a quick session Pledges of support for the The mineral output of Alaska in 1932, with gold at the old price, amounted to $11,638,000. According to reports, mining men Reosevelt policies sounded in “expect the metal output of Alaska a heavy overtone in both wings of the Capitol on the eve of the regular sessien. Although there is a lacking of some hint of fireworks be- fore the end, a hot debate is on the free coin- Advocates are be delayed, age of silver. e otticipated; in fact-it-may not! hoping to make bitmetallism| a major issue and might thrust the question forward Gains Are Made immediately should there be a lull in starting the leglsla- tive machinery. Order of Business is the Senate’s opening day'® ® ¢ ¢ ¢ e © @ o &8 o 0 & of business: Vice-President Garner the gavel at noon. Prayer will be said. New Senators will oath. A committee will be appointed to wait upon the President to inform will rap take their him the Senate is in session and; ready to receive his message. Adjournment Adjournment will be taken after hearing the message. If the message is delayed until Thursday, adjournment will come as soon as the committee has given ts notification to the President and reported a delay. ‘The House procedure will be the | in 1934, especially gold, to greatly exceed 1933. e STOCKS MOVE UPWARD FIRST SESSION, YEAR Early in Trading, Later Taper- ing Off Slightly ALASKA JUNEAU HAS DIVIDENDS, EXTRA, QUARTERLY NEW YORK, Jan. 2—The Alaska Juneau has declared an extra dividend of 15 cents and a regularly quar- terly dividend of similar amount, botl: payable Feb- ruary 1 to holdings of record on January 13. eececesvcocen to0eeecceccccee NEW YORK, Jan.'2. — Stocks moved slowly but forward as sen- timent for the New Year continued to display an optimistic tinge. Aside from the activity in a few same. issues, trading was not impressive.' Sales wert 1,250,000 shares and the close was somewhat irregular. Bonds were up fairly well on a wide margin and strength of al- cohols featured a quiet curk. Gains Made Early The/Jest gains were made in the ;ear]y hours when General Motors, President to Appear A ramp has been -constructed outside the House side of the Capitol and this has caused the President to announce plans that he will very likely deliver his an- nual message at a joint session of | Congress, himself. To Be Broadcast The proceedings of the openipg session of Congress, including the annual message, will be broadcast over the National and Columbia chains, the first hour over the Na- tional and the remainder over the Columbia system. This afternoon is was stated li- auca will be made the Senate's st busine SEAPLANE IN REGORD TRIP, 2,666 MILE er Distance than U. S. Navy Fleet | Allied Chemigal and Chrysler got | gain above last year's peaks. There was a tapering off later as grains became a bit unsettled. Cotton was up $1 a bale. No stimulus was furnished by the dollar which held a narrow range on foreign exchanges. Hold Advances Allied Chemical, U. 8. Indus- trial Alcchol, Continental Can, Am- |ericen Commercial Alcohol held one {point or more of their advances., F’racuoml improvement was re-| ned by United States Steel, International Harvester, Chrysler, | Western Union and a few rails. Small Icsses were shown by Am- 'erican Telephone and ‘Telegraph, Dupont, Consolidated Gas, Auburn, | National Distillers and De Pasco. French Craft Makes Great-! | CLOSING PRICES TODAY NEW YORK, Jan. 2.— Closing quotation of Alaska Juneau mine stock today is 22%, American Can 93 American Power and Light 6%, ST. LOUIS, Senegal, Africa, Jan.' Anaconda 14%, Armour B. 2%, 2—A French seaplane has landed | Bethlehem Steel 37%, Calumet and here from Berre, France, a dis-' Hecla 4%, Curtiss-Wright 2%, Fox tance of 2666 miiss. This is de- Filths 13%, General Motors 35%, - clared to be a new nonstop record ' International Harvester 40%. Ken- | necott 20%, North American Avi- for seaplanes. The plane is one of several used ation 5%, Chicago and Milwaukee in a projected South Atlantic air- | (preferred) 7%, Montgomery-Ward line. " 22%, Standard Oil of Calijornia The longest previous nonstop 41%, United States Steel 48%. flight recorded by seaplanes was, e made by six United States Navy Since its erection in 1930, 300,000 w,mflmapfim&htwvmudthehm “Norfolk to Coca Sola,' Woman statue at Ponca City, Ok- T0 HELP MINES - WILL BE ASKED ’;rroy Rcveals Plan for Fed- { eral Aid for Min- ‘ ing Industry SAN FRANCISCO, Cal,, Jan Federal aid for the gold mining {industry in the United States and its possessions will be asked from Congress, Gov. John W. Troy of | Alas revealed here before leav- {ing for his home in Juneau. i Pacific Coast mining operators | and members of Congress*will seek | |legislation to “provide credit for mines not now productive and for | development of new gold prospects | in areas known to possess projects | worth developing,” the Governor said. He added that the projects would | be self-liquidating. What is pro-| posed is that the Government ex- tend assistance to the gold mining industry along lines simlar to that now given “agriculture and others. | The plan as outlined would have | the Government take first mortgage on gold mining properties | a to be financed by Federal loans. Pros- pectors would be given free tech- | nical sistance by mining en- {gineers selected by a Federal 'agemy Death May ' Be Cheated, Sometzmos Hypode nounced by Amerlcan Scientific Association CAMBRIDGE, Mass, Jan. 2.— A new hypodermic, which promises to call back from the verge of | | death, persons suffering from toof much alcohol, drowning, electric | shock, surgical shock, or asphyxia, | has been announced to the Ameri- can Association for Advancement of Science by Walter MacGilvdra, D. D. S. of the Harvard Dental | School. | This hypodermic has been used successfully already to restore quickly to life and health a man moribund from too much anes- | thetic during an operation | The hypodermic is an intrave- nous injection of minute amounts of hydrochloric acid. - e — SECURITIES ACT IS DEFENDED IN ANNUAL REPORT “Truth” Wlll Not Inter- fere with Flow of Legitimate Capital { | | 1 WASHINGTON, Jan. 2. — The Federal Trade Commission address- es to Congress a flat denial that the “Truth in Securities” Act will interfere greatly with the flow of legitimate capital. This is made| in the annual report of the Com-| mission. { The Commission asserts that while it is insistent on publica- | tion and full information about| new stocks or bonds it does not| judge of the soundness or value of the security but such publication “will prevent a large part of the frauds that heretofore have been| practiced. It will be the purpose of the Commission to prevent further exploitation to the public by sale of fraudulent and worth- less securities through misrepre- sentation.” e JUNEAUITES REGISTER ot on December 26 FEDERAL FUNDS ‘Prosulont Franklin D. Roosevelt and His Cabi President Roosevelt and his cabinet are shown as they were photographed at the White House. Seated, left to right: George Dern, secre- tary of war; Cordeil Hull, aecn.mry of state; the President; William H. Woodin; secretary of the treasury; Homer 8. Cummings, attorney- general. Rear row, left to right: Henry A. Wallace, secretary of agriculture; Haroid L. Ickes, secretary of the interior; Claude A. Swanson, secretary of the navy; James A. Farley, postmaster-gencral; Daniel C. Roper, secretary of commerce, and Frances Perkins, secretary of labor. (Anocnated Press Phot WEAVING CAR | HITS ANOTHER; | 2 PERSONS DIE | | Uil Mo tad Idaiskt- fied Woman Killed— Six Others Injured HARRINGTON, Wash, Jan. 2—| A man and a woman, Mrs. A, F.| McFee, address unknown, were killed in their weaving car when | it crashed into one driven by Alex Kramer, who with his wife and four small children, suffered min: bruises and cuts. The McFee car was weaving all over the road, with headlights flashing on and off, immediately before the nccl- dent. The dead woman was identified through letters in the car which she was driving. The automobile bore a Louisiana license. The Sheriff of Lincon County| reported finding several sacks and boxes of bottled whiskey in the rear compartment of the McFee as. » U. S. MINISTER STEALS SHOW KING'S LEVEE = Mrs. Ruth Ey;n Owen Is Cheered by Crowd as | She Leaves Palace | the first °) Legahzcd (ramblm g Is Ur ged Gold Price Still Remains At WASHINGTON, Jan. 2— The pricz of gold was not changed today and remains at $34.06 an ounce for the newly mined yellow metal. More than fifty million dollars worth of foreign gold has been purchased and twenty-five million dollars worth of domestic gold. o-a-.o-ooooo W, ROBERTSON, STAMPEDER T0 ALASKA, DIES [Reported to Be Member, First Council at Nome, Where He Had a Bar SAN FRANCISCO, Cal, Jan. 2— William Robertson, aged 69 years, gold rusher, died in a hospital here |'on Monday might. He and his asso- ciates left Brooklyn, N. Y., in 1897 purchased acquain- aboard a brigantine they the Alaska gold fields, tances here said. Robertson is reported besn a member of the first coun- cil at Nome, Alaska, and op saloon there housir | real bar. COPENHAGEN, Jan. 2. — Mrs Ruth Bryan Owen, American Min- ister to Denmark, stole the show. | the New Year Levee given by Kinz | Christian, the Tenth, for the diplo-| matic and cabinet members. | The centuries old tradition was) broken by the appearance at the Levee," for the first time, of woman among the guests. The crowd outside the cheered as she left. -~ Caphve Ducks Escape DURANT, Okla., Jan. 2—Post- master Milas C. Mahoon will stalL1 the rod a bit more securely the next time he uses live decoys. With AT SEATTLE APARTMENT Juneau registrants at the Spring week were Mr. and Mrs. J. 8.|floating on Kowa lake took the Jetfery, and Mr. and Mra. A. Vanjaeir in mass formation, carrying | desson ¥as Nogre Dame coach in it (he time, the beer is served—veiled here lumn. h;mq.‘lmmhm. Leaving Alaska. he came s and operated the Blackstone Ho! in Portland, Or:gon, later going to San Diego and opening a bar there | He moved to San Francisco after Prohibition became effective. Robertson was a native of land. Scot- CANDERSONTO DINING CARIS "7 GOACH NORTH CAROLINA 11 RALEIGH, N. C.. Jan. 2—Hunk a sudden “quack, quack!” from| Anderson has signed a fhree year and waiters consult maps wh Apartment Hotel in Seattle last|the leader, eight Mallard ducks| contract to coach football at the patrons order beer. North Carolina State College. An- INSURANCE ON by Crime Expcrt DEPOSITS ARE \ CHICAGO, T, Jan. 2—Frank | J. Loesch, who is seventy-two, and president of the Chicago Crime Commission and whose opinions on crime suppression are highly re- spected throughout the Middle West, suggests that gambling houses be allowed to run “wide open’ as a means of stifling the gentry living beyond the pale of the law, He means by “wide open” to li- cense the gambling havens in the city, somewhat as horse racing is licensed. In doing so, he contends, the city will strike its “hardest blow”, jat organized crime, for, with gamb- | | ling houses wide open, the crim-| | inal would have to go elswhere to h'mg on. First Time in American History New Deal Takes Place - WASHINGTON, Jan. 2.— Presi- | dent Roosevelt was informed last night that 97 perc:nt of the na- tion’s banks' deposits will be m~ sured under the mew deposit surance that became effective to- day. Walter J. Cummings, Chairman of the Faderal Deposit Insurance | Corporation, reported fthat deposits lin 1342 banks would be insured EFFECTIVE NOW Flaborating, the aged student of c-'mimfl:: and their ways, said: “Gambling, it would appear, can- not be eradicated this side of the millenium, while the laws against it are even less effective than the prohibition laws have been. | “with rare exceptions, org. criminals are inveterate g;xmh‘x Gambling is only a misdemeanor, but 141 banks were found ineli- gible for insurance. Cummings said a number of the latter could be granted insurance affer making certain corrections. Today is thus the first time in , American history that depositor ‘/sums up to $2,500 have been in- sured against loss. After July 1 this insurance will be increased to de- to have , gambler would no longer feel him- | but with gaming, houses operafing subrosa, the gambling proprietor | becomes the ally ‘of the criminal and the object of blackmail by | police. “The gambler accepts these con- ditions as a part of his bustness | and he lays out of his profits a certain sum for ‘protecfion mon- | ey’ to be paid to the politicians and police.” | Continuing, Loesch contends: | “That with gamiling places wide, open, they wouw.d be no longer be, the resort of the criminal; the posits of 310000 ——— REBUILDING 0FGO.PIS STARTED NOW McNary Names Special “lf to be a criminal, ana win| Campaign Committee— move into the law-abiding class; | Old Guard Shghled and he will no longer be required| to pay blackmail to police and pol-| wasHINGTON, Jan. 2—In m;('am,l ot | first move to rebuild JFhus. Loeseh soncices, K30 S0 |oan Pasty ainoe the o bling den would become an aid to iy e law enforcement against the known Setons. 10 Lr'r’n‘nal P e | of Oregon, Senate Lead:r, has ap- |po'm=d a committee of nine to | conduct a campaign for election of | Republican Senators next fall. The committee is clo: balanc- the ely BEER PROBLEM Progressive f,l ms of the but none of the Old Guard appear among the selections. - Kk Homor Konsil AUSTIN, Tex., Jan _—~Dvc.u‘"! some Texas Counties are wet and| ELAZIZ, Turkey Even the some are dry, dining car stewards Kurds, most orthedox of Moslems, 2| have erected a sfatue of Mustapha If the train|Kemal despite the Koranic ban happens to be in a wet county|against images. The figure was un- | in the presenoe of . otherwise not. l'ecnhnsh ISASTER TAKES 31 LIVES; MANY AMONS MISSING Third Catastrophe Falls on Southern State in 9 Months PROPERTY DAMAGE SAID TO BE LARGE Morgues, Hospitals Being Searched by Grief Stricken Persons BULLETIN—LOS ANGE- LES, Jan. 2.—Late this after- noon it was said 34 bodies have been recovered, 23 iden- tified, 32 missing and indi- cating the probable death list will be 73. DISTRESS LOS ANGELES, Cal. Jan, 2,—Another catastrophe, the third in nine months, has locked Southern California in the grasp of misery and dis- tress and enormous property damage. In March, an earthquake claimed 102 lives. In October, 29 men were |cremated in a brush fire. Last Sunday the greatest single day rainfall in history {here lcosened flood waters {which drowned 31 persons and probably more. Between eight and fifteen mches of rajn suddenly pour- cd down as though a trap dour had been sprung in the leaden skies and created ‘ncene» uf havoe second to ap- ‘pl)mg damage in millions | done by the March quake. Besides the known dead, | the police have listed 27 per- sons missing and 35 injured, more or less serious. Scores have been treated for lesser injuries .inflicted by avalanches and debris !scattered ruinously from the surrounding m o u n t ainsides over populated areas. Hardly an acre of the metro~ politan area escaped without some scar cut by the fury of nature. People with fear and grief writ- ten on their faces, searched morgues land hospitals for missing kin to- da, the that | | Property owners, heartened by 1sh of the holiday business bettered records for many surveyed their store stock icged by slit and water. bly three thousand homes fifteen hundred autos have mmaged badly by water. ves of bridges are washed been Se ut. | Highways have been swept away and rail tracks inundated. Road- beds have been greatly softened. The Glendale district has been _ hit the hardest. SANTA CLARA BEATS HAWAII Deans Go Down to Defeat Before Broncos by Score of 26-7 HONOLULU, Jan. 2. — Clipper 3mith’s Santa Clara Broncos bat- tered Hawaii's Deans down to de- feat 26 to 7 yesterday afterncon in the second half after being h& !