The Daily Alaska empire Newspaper, March 17, 1934, Page 4

P — R THE DAILY ALASKA EMPIRE, SATURDAY, MARCH 17, 1934. R N A N S PO 1 A 3 AR5 N ST Daily Alaska Empire ROBERT W. BENDER - - evening except Sunday by the O SRR MBANT at Second and Main EMPIRE_PRINTING CO: Streets, Juneau, Alaska. Entered in the Post Office in Juneau as Second Class matter. SUBSCRIPTION RATES. Delivered by carrier In Juneau and Douglas for $1.26 BeTa™ st ‘the followlng rates By mall, postage paid, at e followin, H oOneyear, I advance, $12.00; six months, In advance, $6.00; one month, in advance, $1.25. Subscribers will confer a favor if they will promptly notify the Business O{(ine of any failure or irregularity the delivery of their papers. e abne Tor Editortal and Business Offices, 374. Telephor i MEMBER OF ASSOCIATED PRESS. ssoclated Press is exclusively entitled to \IIQT‘f‘:r l:-':\\;v]‘?(‘n!hm of all news dispatches credited to it or not otherwise credited in this paper and also the local news published herein. CIRCULATION GUARANTEED TO BE LARGER ALASI AN THAT OF ANY OTHER PUBLICATION. COL. LINDBERGH’S POSITION. In refusing to serve on the War Department’s Special Committee to study the Army's equipment and qualifications for air mail flying, Col. Lindbergh has for the second time taken occasion to condemn the Roosevelt Administration for its action in can- celling the air mail contracts held by commercial companies. No one will doubt the sincerity of his convictions on the subject. Unquestionably he ex- pressed his own personal feelings about this con- troversial matter. And feeling as he does, there can be no criticism because he refused to serve Had he accepted the appointment while entertaining that conviction he naturally could not have rendered the service that is demanded of the Committee. While one must admire his fortrightness in publicly declaring his position, it does *not follow that his reasoning in this instance must be accepted as sound. No one can doubt, in the face of all the testi- mony that the Black Committee has produced, that the methods followed in awarding air mail contracts were not all that is required by law, or morally inde- fensible. That there was collusion and conspiracy seems to be well established. Knowing that such was the case, the Roosevelt Administration, had it continued the contracts in force, could not escape the charge that it was party to the deals, that it connived to them even though it had no part in the making. In view of the testimony before the Black Committee, it is impossible to see how the Administration could have done otherwise than cancel the contracts and set up a new method of awarding air mail contracts that will eliminate all chance for a repetition of the practices that obtained at the time the old contracts were placed. FISCAL PICTURE BRIGHTENS. When President Roosevelt early this year de- livered his budget message to Congress, in which he was even more a realist than in his first annual message he was an idealist, he painted the picture | darkly. It appears to be becoming brighter now as time goes on—which most pictures of that kind never do. For Uncle Sam’s spending is considerably less rapid than was prefigured, and his revenue income is distinctly better than had been expected. The official figures showing expenditures and in- come recently published have revealed this clearly. PWA, of course, may now expend much faster than was foreseen, but even at that it may not soon reach the predicted total of a billion dollars a month for the January-June period; lately it has been running well under two-thirds of that rate. Meanwhile the miscellaneous revenue is reported as just topping a billion dollars from July 1 to March 3, last, as contrasted with $503,000,000 for the same period a year ago. Better' business and freer popular spending are reflected. And National reasury finances are thereby benefitted. BEN SMITH IN LIMELIGHT. Bernard (Ben) M. Smith, New York broker who is reputed to have made a killing in Alaska Juneau stock a few years ago by buying it when he was leading the bear raids on other stocks on the New York Exchange, is not averse to picking up a little pocket money from his friends by continuing to be a bull on A-J, as is evidenced by a recent ccmment in the Boston News Bureau. Apparently he hasn't lost any faith in the great local mine in which he is, or was at one time, one of the largest individual stockholders. The News Bureau, under the caption, the Turn on Gold,” recently said: ' Here in America it was a big speculator, rather than a well-known economist, who first attempted to sell to a puzzled Wall Street the romance of gold-mining shares in the declining stages of the big bull market. The individual was Bernard F. Smith, well known as the leader of the bear crowd in 1929-32, the “jolly buc- caneer” as some people regarded him. Late- ly he has been in the limelight, along with his running-mate, Tom Bragg, for his identi- fication with the American Commercial Al- cohol pool in the spring of 1933. The first gold stock Smith chose to bull was the al- most-forgotten Alaska Juneau and to find Ben Smith, whose very approach to any pool on the floor of the Stock Exchange struck terror into the hearts of the special- ists and traders, actually buying stock, was almost a miracle. Smith bought into the stock around 7 and 8, saw it double, and then saw a tardy professional and public participation carry it up to 20. Then, as the monthly earnings fajled to fire the imagination, the stock slipped back to around $12 per share. It was around that figure, a month or two betore the bank holiday, when Smith took a group of 20 or more prominent indus- trialists and brokers up into the heart of the Canadian gold district in Toronto, mak- ing a tour of the famous Porcupine and Kirkland Lake districts. Canadian gold stocks at that time were perking up a little; McIntyre Porcupine, by the way, was about “Calling GENERAL MANAGER | Alaska Juneau was doing nothing. A wealthy floor broker twitted Smith on the backward- ness of Juneau, and finally bet him $10,- 000 that the stock would not sell at 20 be- fore the year was out. The following morn- ing at breakfast Smith, who neither drinks nor smokes but who, apparently, had had a good meal, succeeded in having the bet doubled. The sequel to the story is that in a Ilittle over three months after the party returned from Canada Alaska Juneau hit 20 and Smith collected his wagers. It wasn't in Alaska Juneau, however, that Smith reaped a golden harvest last year, the same authority asserts. It was in Pioneer Gold Min Ltd., an almost unknown property located in British Columbia not far from Vancouver. When he was on the coast he made anrexamination of it and acquired privately a good-sized block of stock. Then he began to buy it on the Vancouver exchange. As Canadian markets widened he made purchases in Toronto as well as in Vancouver and eventually became one of the largest stockholders. The stock moved up from two to around four and one-half. Gold prices began to rise and the Pioneer is said to have made some good strikes. The net result was a rise to some $16 a share last year. Friends of the New Yorker figure he must have made close to $2,000,000 from his discovery of Pioneer. Now that the income tax deadline, March 15, is passed, a lot of us can worry about how we are going to borrow the money to meet next year's payments to Uncle Sam. Since the NRA “experience meetin’” in Wash-} ington, there seems to be a lull in criticism of the NRA. Possibly the supply of dead cats was exhausted by the time the meeting adjourned. Alaska-Juneau. (Anchorage Times.) | Alaska-Juneau, one of the greatest gold mines of Alaska, made a net profit in February of $193,-/ 000, as compared to $72500 for the same month last year. This big mine, which breaks something like 12,- 000 tons of rock a day and mills two-thirds of it, is estimated by some to have 100 years life. No one can tell about that—and usually mines which have carried on long break into something new after | they reach their prospective limit. Alaska-Juneau’s new gains are due largely to the increased price of gold. The gold producer gets 75 per cent more in good big round American dol- lars for his product now than he did a year ago. Alaska-Juneau sets a shining example of what other gold miners of Alaska may expect for their gold crops. The prosperity coming to the mine owners will be spread eventually. Not all the profits will go to the mine owner. The country in general will feel the tingle of new life. There are hundreds of other gold propositions in Alaska which will reap larger profits this year just as Alaska-Juneau is doing. The big Willow Creck area, at the door of Anchorage, is an outstanding one. All expert and | practical opinion points to that region proving to| have deep seated values and becoming a second Alaska-Juneau, perhaps not exactly in the volume of ore turnover from any one mine, but in the aggregate it may measure up. Numerous other Alaska properties will be en- joying the new advantage of gold. Indeed, golden‘ days are at hand in Alaska—and the handwriting is on the wall. Alaska’s brightest and best days are ahead. A word to the wise is sufficient. Science and Jobs. (New York Times.) Even before the depression the world was puff- ing in its effort to keep pace with science. At recent meetings of the British Association for the Advancement of Science the benefits of a scientific “holiday” have been considered. ‘“Must Science Ruin Economic Progress?” is a subject lately discussed by Sir Josiah Stamp. Certain codes of the NRA are designed to check the introduction of new labor-saving machinery. The scientists are appalled. Organized by the New York Electrical Society and the American Institute of Physics, they raise their voices in protest. Drs. Compton, Millikan and Jewett point out that science creates jobs. Think of the 87,000 employed in the machine tool industry, of the 1,000,000 who owe their jobs to electrical inventions, of ‘the 100,000 that radio has recruited in the last ten years merely to manufac- ture, distribute and repair receiving sets, of the 300,- 000 found necessary by the moving pictures, of the 350,000 who make telephone apparatus, of the 40,000 engaged in producing rayon, of the 2,500,000 who create and sell automobiles, ' Science and engineering do create jobs. Neither the statistics nor the argument are new. Nor did any of the protagonists of the laboratory explain why there is poverty amid plenty, and idle- ness where we expect to hear the hum of the machine. We look to them for a way out of the slough, only to find them as helpless as the econ- NE SYNOPSIS: Judith Lane and her fiance. Nerman Dale, are re- turning on a trawler from the Rio Diobly. where Jucith's employer, Tors Levins has completed 1o+ @ dum that will reclaim o valley and_aid its im- peverisied settlers. Now Judith finds thet Novman, who ta funior portrer, in the Houston law firm “es the tegal business of ring and con- ts that she give en they are mar- i agrees to speak to i finds that he is not surprised. Chapter Six ORDEAL FOR JUDY OM BEVINS went on: “You forget ['ve known Nor man all of aig life, lived fu the same slock with him since the day he was . ‘He is as generous as can be’ with things he likes, but he won't share anything he loves with any- ne. I remember a woolly lamb he had when he was a little tike. He loved hat thing, wouldn’t put it in his play s0x for fear my daughter Mathilda would get it. And of course that was the very thing she wanted . . . out this isn’t getting to work is it, Judy?” Judith shook her head. She had almost forgotten Big Tom had a :ime away at school, or abroad. She Norman’s childhood. “About your leaving me,” Bevins went on. “I had supposed you would want to be free as soon as our sur vey reports were completed, so | made arrangements for young Good win to take your place. Of course I'm selfish enough to have wanted you in the field while the dam was under construction,'but then...” e shrugged his shoulders. “We could wait until it was fin ished,” offered Judith. “No~—no,” protested Bevins quick- ly, “1 want to see you married to the boy. 1 couldn’t have wanted a finer lad for my own son—" he stopped as though startled by an idea, then went on— “sort of feel I'll be doing Emil ~ favor seeing his daughter safe .. .” his voice dwin- dled off and he looked out across the intense blue of the Gulf as though he were seeing far beyond Judith’s physical vision. Judith watched him, grey eyes tender. Next to her father's mem- ory she loved Big Tom. They spent so much time together. Unhappy at home, he would wait until his wife and daughter started one of their innumerable trips, then would visit Judith's apartment, coutent to min- gle with her friends. She was heartened by the .hought that he might use her home, hers and Norman’s, as a retreat from his loneliness. “QUPPOSE we get after these re- ports,” suggested Bevins, and the two bent their heads over maps omists. As yet, no one has devised the means of absorb- ing new technical developments with the least possible amount of distress. The question of pace is all-important. Once upon a time the progress of civiliation was limited by the progress of science. Today limitations are imposed by the form of gov- ernment and the span of human life. Or, as Sir Josiah Stamp has more concretely put it: If a machine could be made and scrapped within five years, if a hotel could be built and destroyed without loss of capital in twenty years, if a town could be bodily moved to some new district, if a man could learn to become skilled successively in three different trades during his lifetime, then we might have the capacity for adjusting our various social arrangements swift enough to accommodate vast changes in the duration of human demand and to bring about altera- tions in production and the places from which things are drawn. ! Probably the solution lies in the co-operation of industry and the State. If the American Tele- phone and Telegraph Company can introduce the dial system for calling subscribers without displacing girls, it is evident that industry is not helpless when technological employment threatens. But the Government must supply the fundamental plan. It calls for historical perspective, a recognition of the fact that human aspirations will not be stilled, and a strong sense of moral values. Gradually the Sally Rand dance is losing its popularity; the boys tell us they simply can not see through those danged fans.—(Lexington, Ky., Herald.) “What's in Your Cellar?” asks an advertiser. To which the only friendly answer is: “Come up and see me some time,—(Philadelphia Bulletin) Then, too, it might help matters to place a 20 points lower than its current figure, but special tax on letters to Roosevelt.—(Los Angeles Times.) sS4 Do il Y and note books filled with figures. Twilight was sweeping up from the east when Judith and Norman found time to be alone together again. Galveston, still bathed in the last rays of the sun, but showing twinkling jetty lights, lay to the starboard. “Did 1 tell you 1 sent a wire to mother from Rio Mar?” Norman in- quired as they stood on deck. “Oh,” it was a quick breathed re- ply. Of course he had a mother, but she'd forgotten Mrs. J. Anthony Dale must play an important part in their life. “Hope she’ll like me.” “She will. She's been wanting me to marry and move into a house of my own for a long time.” Judith winced. Mothers of only sons usually had the girl chosen Judith Lane BOWMAN iaughter, she spent so much of her |, when they admitted a, desire for them to marry. “What makes you think she does?” “Wants to sell our home. The city bhas grown up around it uatil it’s like living in a boiler factory. Then of course you know, mother iz a bridge fan and I'm tempted to believe she’d like w move into some residential hotel where she would have enongh partners to play from dawn to h's tone was less skeptical, “but you have such a love- ly ‘ho: Clia pointed it out to me one day.” She was silent a moment and Norman, turning, saw her brow fur- rowed. “Now what's worrying you?" he asked. *Just this.” She turned towards him, booted feet braced to the sway of the deck, as they turned inte the channel, hands in breeches pockets, khaki shirt open a“ the throat. “Norman, you're everything 1 shouldn’t marry all rolled up into one man. You're an fndoor man and 1 should marry an out-of-door man. You'll approach a problem from the ethical side and I'll approach it from the s entific. You have a social ound and I haven't any at dy, listen. It we married our prototypes the world would go to sed. Suppose the tall men married 11 girls, the short ones short girls. the doctors doctors—" “And lawyers lawyers?” Mother nature has to shuffle m up to give each generation a deal. All that's needed to a success of marriage fis love.” rm,” there was mischisf in Ju dith’s voice, “what’s enough?” ’I‘III s ad entered the harbor =t the burnt orange after- [The woman waved “Hellg, son ™ where's my girl?” glow, ships at anchor were blocked in charcoal lines on a saffron bay. One, a pleasure yacht, was fes tooned with lights, disclosing a gay party on the after deck. Men in flannels, girls frocks. “Good heavens,” said Norman, “there’s Big Tom’s yacht with a to meet us.” Judith took one dismayed look at the yacht, another at her worn khaki shirt and breeches, a third at Norman. Was she to enter his world looking like this? Norman looked down at Judith, then out at the yacht where his friends were assembled. “Norm,” Judith was tugging at his sleeve, “I can’t go aboard look- ing like this.” “Judy,” he answered, loyally, “looking like that you'll stampede the crowd.” “You're comforting,” she ad- mitted, then noticed the yacht’s ten- der pulling 'longside, and seated 1n the bow a large, fine looking woman. “Hello, Mother,” shouted Nor man. The woman waved, “Hello, son, where's my girl?” Judith had a distinct desire tc cry. No mother of an only son had any right to be so sporting. The wire telling of their engagement must have come as a shock. Bhe couldn’t possibly be over joyed at meeting a gir] of whom she probably never heard before, (Copyright, 1934, by Jeanne Bowman) ¢ Judith hears Monda: 1 against Bevins, s e ALASKA AIR EXPRESS FOR CHARTER Lockheed 6-Pasi TELEPHONE 22 senger Seaplane J. V. HICKEY THE HOTEL OF ALASKAN HOTELS The Gastineau Our Services to You in and End at the Gang Plank of Every P&nsfi-Cnrrying Boat |4 Old Papers tor Sala.at Empire Office in filmy summer | party aboard. I'll bet they're here o 20 YEARS AGO ! From The Empire MARCH 17, 1914, the city was invited. Some of the to be present program was planned. staff of the Alaska Gastineau Min- ing Company, had received a cer- tificate of membership in the Am erican Society of Civil Engineers. It was the first membership this society had ever given to an Alas: kan. Work was begun on the installa- tion of a Gamewell pert for the company. Weather for the preceding 24 hours was clear. The maximum temperature was 46 and the min- imum was 27. The Worthen Lumber Mills of Juneau were expected to begin 1914 operations within a week, accord- ing to an announcement made by E. F. Worthen. One of the heavy plate windows in the entrance of Nelson's shoe store, in the Shattuck building on lower Front Street, was shattered as the result of being hit by a but- let fired from Some point on the side hill in the early morning. Though it was only .22 calibre, Capt. Martin said it had enough power to kill a human beirg and was looking fer the reckless per- son who fired the shot. Charles Goldstein, who arrived |here on the Spokane, announced |that the Goldstern Improvement Company would break ground on |April 1, for the handsome new | four-story concrete building at the |corner of Seward and Second Streets. MINERS’ UNION | Mceting at A. B. Hall Monday | merning between 9 and 10 o’clock and Mcnday evening A. B. Hall be- tween 6 and 9 o'cleck. This is im- épor'.ant as balloting on the election | of 19 trustees for the local will be | heta. | urged te attend. e U. OF W. ALUMNI! Important meeting of former —adv. i [ . Flmer E. Smith, proprietor of the Juneau Music House, announced a, big opening to which the public of | best musical talent in the city was!&- and a delightful fire alarm system in Juneau under the direction of Byron A. Day, ex-| All miners with cards are|* U PROFESSIONAL | OF YHYSIOTHERAPY Ray, Medical Gymnastics. 307 Goldstein Building Phone Office, 216 ' Helene W. L. Albrecht | Massage, Electricity, Infra Red 1:, B. P. O. ELKS meets every Wednesday at 8 p.m Visiting brothers welcome. 53| L. W. Turoff, Exalt- Gastineau Channel .| ed Rulef. M. H. Sides, Rose A. Ardrews | Graduate Nurse Evenings by Appointment Second and Main Electric Cabinet Baths—Mas | R. J. Wulzen, of the engineering} sage, Colonic Irrigations | Office hours 11 am. to 5 pm. | Phone 259 I Seghers Council No. 1760. Meetings second and last Monday at 7:30 p, m. Transient brothers urg- ed to attcnd. Council —i7| Chambers, Fth Strewd. E. B. WILSON {| Chiropodist—Foot Specialist !| 401 Goldstein Building automatic| | PHONE 496 B e R e e T A i | DENTISTS H Blomgren Bullding H PHONE 56 | Hours 9 am. to § pm. | | | DRS. KASER & FREEBURGER JOHN F. MULLEN, G. E. H. J. TURNER, Becretary —_— | §Second and fourth Mon- day of each month in Scottish Rite Temple, beginning at 7:30 p. m. L. E. HENDRICKSON, retary. Wt es s ke 2w . [ Fraternal Societies | e —— | e — KNICHTS OF COLUMBUR MOUNT JUNEAJ LODGE NOT l;! Master; JAMES W. LEIVERS, Sec- “Onr trucks go any piace any | time. A tank for Diesel Oil | and a tank for crude oil save B s i Dr, C. P. Jenne | DENTIST Rooms 8 and § Valentine Bullding Telephone 1 3 o DENTIST | Rooms 5-6 Triangle Bldg. mvenings by appointment, Phone 321 — Dr. J. W. Bayne Of’ice nours, 9 am. to 5 pm. burner trouble. PHONE 149; NIGHT 148 | 4 RELIABLE TR»\NSFL‘H j NOW OPEN Commercial Adjust- ment & Rating Bureau | Cooperating with White Service | Bureau | Room 1—Shattuck Bldg, on file | | | | —a Robert Sizapson | Opt. D. | | Graduate Los Angeles Col- lege of Optometry and Opthalmology Glasses Fitted, Lenses Ground | FINE Watch and Jewelry Repairing at very reasunavle rates WRIGHT SHOPPE PAUL BLOEDHORN i e DR. R. E. SOUTHWELL | Optometrist—Optician Room 7, Valentine Bldg. Phone 238. Office Hours: 9:3 to 12; 1:00 to 5:30 Eyes Examined—Glasses Fitted Office Phone 484; Residence | JUNEAU-YOUNG Funeral Parlors Licensed Funeral Directors and Embalmers Night Phone 1851 Day Phone 12 ! } We have 5000 local ratings 0 DENTIST OFFICE AND RESIDENCE | Gastineau Building ISR S RIS | | Dr. Richard Williams SABIN’ Everything in Furnishings for Men FORD AGENCY (Authorized Dealers) oIl GREASES Juneau Motors I FOUOT OF MAIN ST. JUNEAU SAMPLE SHOP The Little Store with the BIG VALUES JUNEAU FROCK SHOPPE “Exclusive but not Expensive” Coats, Dresses, Lingerie, Hosiery and Hats University of Washington students Phone 481 | | Monday, 4:30 p.m. Grover Winn's |gi— ) ] E nffice. adv. o =T ‘ RSl S ET £ 3 Daily Empire Want Ads Pay | Dr. A. W. Stewart { THE JuNEAU LAuNDRY f ——— = —1| DENTI?:G Franklin Street between s - > = Hours 9 am. p.m. Fry | e e SEWARD BUILDING | S ter Rel Auttle | "“"mxp;;“. Office Phone 409, Res. | PHONE 359 i | Phone 276 b .’= C. L. FENTON CHIROPRACTOR Boutn Front St., next to Brownle’s Barber S8hop orfice Hours: 10-12; 3-8 Evenings by Appointment HOTEL ZYNDA Large Sample Room ELEVATOR SERVICE 8. ZYNDA, Prop. HI-LINE SYSTEM Groceries—Produce—Fresh and Smoked Meats Hardware Co. CASH AND CARRY Front Street, opposite Harris —? > GARBAGE HAULED Reasonable Monthly Rates E. 0. DAVIS TELEPHONE 584 Phone 4753 [ ! | = 7 SO ML Your Interest in Better your own prosperity this section. V7 VR 7228 < & together here, your well as to yourself. forty-two years. It Business is direct and personal, for you know that improvement in conditions throughout all Just now, when industry and trade can use every dollar of capital that can be got important to the whole Juneau district as The B. M. Behrends Bank has been safeguarding the funds of Juneau people for tection and service that has stood the test. The B. M. Behrends Bank JUNEAU, ALASKA Miidddadififaddis4 depends upon general bank balance becomes offers you assured pro- S | | | | | | | { i A AU AR5 S MESIAN R Harry Race DRUGGIST The Squibb Store McCAUL MOTOR Il COMPANY | Dodge and Plymouth Dealers ' o 15 LT ey | Smith Electric Co. | | Gastineau Bullding 1 EVERYTHING i | ELECTRICAL { - i U B A | BRI e R T —— PSR — g