The Daily Alaska empire Newspaper, January 1, 1935, Page 7

WHY DID YOU FORGE MY SIGNATURE TO THAT CHECK FOR 451800--DO YOU REALIZE T CAN SEND YOU TO PRISON FOR SUCH AN OFFENSE--2? ] Now THEN,EGAR ,YOU AND T : ARE GOING YO HAVE A y CONFIDENTAL TALK--- FIRST OF ALL, YOURE GOING TO APOLOGIZE FOR HITTING ME IN THE EYE---YOU YOU YOUNG PUPPY " ARCHBISHOP OF - WESTMINSTER " DIES IN LONDON ‘Francis Cardinal Bourne Is Victim of Bronchitis, Heart Trouble (Continued from Page One) the same time dividing unwieldy Although always zealous for the progress of his church, it was said that none of his predecessors ex- nibited the power of sincere pat- riotism which so colored the pas- iorals of Cardinal Bourne. He de- slined to support the idea of a Catholic university or party in England, preferring that Catholics attend national universities and affiliate with the existing parties. Elcvated to College When he was elevated to the College of Cardinals he said in an address: “No power in the world is more fitted for the providential extension of the Catholic Church than that which has its symbol in the Imperial Crown of England.” {At another time when the Irish | trouble was at its height, he ad- !dressed an Irish congregation on St. Patrick’s Day, saying, among cther things: “We can proudly say that England, even more perhaps than Rome, by its world-wide in- fluence, makes jor the general good of mankind.” | Cardinal Bourne was born at Clapham, London, March 23, 1861, the second son of Henry and Ellen Byrne Bourne. His father, a high | postoffice official, was a convert to | Roman Catholicism, while his | mother was an Irish Catholic. The | cardinal was educated at St. Cuth- | bert’s College, Ushaw; St. Edmund’s | College, Ware; St. Sulpice, Paris, yand finally at the University of ioceses. i Louvain, where he was ordained in 1884. | Not since the time of Cardinal | Wolsey had an Englishman risen so | quickly to fame and eminence in | the Catholic Church as did Cardi- nal Bourne. After five years as an | assistant priest, he was made rec- | |tor of a diocesan seminary. In | 1895 Pope Leo XIII made him a monsignor and a year later, at the age of 35, he was consecrated Co- adjutor Bishop of Southwark to which see he succeeded in 1897. On the death of Cardinal Vaugh- an in 1903, he became the fourth prelate to occupy the archiepiscopal throne of Westminster, and cight ars later, at the age of 50, he made a cardinal. W FORGIVE ME, DAD, 'M SORRY-- THE STORY By CLAUDE A. JAGGER | (Associated Press Financial Editer) NEW YORK, Jan. 1.—Eager to cast away its crutches, American | business enthusiastically faces the new year. The end of 1934 finds this pow-- erful patientof -the economic doc- tors undeniably stronger than a men of convaleseence. | But the Washington physicians, | while anxious to have business back | at work supporting the huge Am- | erican family once more, assert that it is not yet able, and cannot | be permitted to return to its un- governed life of the past. They insist upon imposing permanent rules of health. . ‘The second calendar year of re- | covery, therefore, has been a year | of controversy, of trial and error, but nonetheless of progress. The' drama of 1933—a year of bold surgical operations upon the eco- nomic structure—has been lacking: Recovery during 1934 was most striking in agricultural areas, de- spite a record-breaking drought. And for the country as a whole, consumer buying swelled in the later months of the year to the largest volume since perhaps 1930. ‘While statistics on the volume of We'Fe Telling the World We’re Sending You g 3 . Leader Dept. Store George Brothers v PAY’'N TAKIT | 'the stock markel regulation was' Old papers for sale here. Christmas trade are as yet meager, Season’s Greetings @ We're proud to be able to extend the Season’s Greetings to our many friends and patrons. .If is our wish that 1935 will prove a great year for you all. year ago, and irked with the regi- I'LL SEE HOW SORRY YOuW ARE---PROMISE ME YOU'LL STAY AWAY FROM THAT BACKWODDS TRASH, SAIRY HOPKINS, AND MARRY _EDNA o0& FORD--? NO! anp = YOU SAY ONE MORE WORD _|AGAINST SAIRY OF 1934 — The American business man looks into the n.w year with increased hope, reflecting the better sentiment being reported in financial ‘¢ircles. a number of business analysts be- lieve it has been the most ahun- dant Yuletide in four years. Cost of Living Up But industrial proauctign and TUESDAY, JAN. 1, YOU'LL DO AS I SAY OR I'LL SEND YOU TO PRISON ==~ 4.—Business Faces New, Year Eager to Cast Off “Crutches™ | working satisfactorily by the end | of the year. | Foundations Are Laid The year in banking and finance was less spectacular than 1933, but 193¢ may have been the.year in factory payrolls do not show much | which foundations were laid for change from a year ago. The en- tire 12 months of 1934 were well the normal functioning of the great credit and money mechanism. ahead of the previous year, but|There was no more than seasonal that was due in no small measure to the extremely poor record of the early months of 1933. Factory pay- rolls, according to recent statis- tics, are only moderately above the levels prevailing toward the end of last year. And the cost of living has risen too. Despite improvement in wages and employment here and there, relief roles continued to mount in 1934 as more and more families that had managed to get by on savings or the help of relatives found their resources exhausted. How to get the millions back to work? That is the challenge to 1935. The government’s emergency ex- penditures swelled to a flood rival- ing that of wartime, and in the opinion of most analysts were an important factor in the year’s im- provement in sales of consumers’ 800ds. But the heavy lines of industry, such as construction, steel, railway equipment, made limited progress. These lines, together with innum- erable miscellaneous services and distributive activities which require general prosperitiy, accounted large- ly for the defiant problem of un- employment. Farmer’s Income Rises Emergency outlays and credits of the government came close to $4,- 500,000,000. Benefits and bonuses paid to farmers, together with the higher crop prices, gave the cash income of the agricultural areas a husky boost. Some estimates have placed total farm income at more than 25 per cent above 1933. ‘With hard cash in his pocket for the first time in years, the farmer has shown himself no miser. The automobile industry made and sold more cars than in any year since 1930. In the final month of the year, retail sales reports from the south, middle west and southwest registered gains of 20 to 25 per cent over the previous year. ‘While industrial production 1s still close to the levels of Decem-~ ber, 1933, it has followed a more tic year. There was a spring expan- sion, a pronounced summer lull, and moderate seasonal pickup in autumn. That was almost the re- verse of 1933. Both industry and finance have had an opportunity in 1934 to ad- Jjust themselves to the new order of government regulation. And the regulation has undergone adjust- NRA has been revamped, and the securities act of 1933 has been amended. Regulation was expanded to embrace stock exchanges, and ‘Wall street groaned for a time, but it was rather widely agreed that normal pattern than in that hec- | ment to business and finance. The | expansion of bank credit during the year. And while the govern- ment was pouring out its $4,500,~ 000,000 of special expenditures and advances, new capital raised by corporations through issue of se- curities, according to registrations ¥ith the securities and exchange ommission, amounted to not much more than 10 percent of that. Yet banking authorities say that she potentialities of credit expan- sion now existing in the banking | structure are almost unlimited, and some express concern that once credit starts to move, it may be difficult to prevent a dangerous, runaway boom. The outsianding financial step of the year was taken last January, when the dollar was placed on a tentative gold bullion standard at 59.06 per cent of its old parity. This boosted the gold reserves, as reckoned in terms of the new dol- lars, to record-breaking levels, and attracted a flood of bullion from abroad. Bond prices soared for a time, bank deposits mounted, and institutional investors found diffi- culty in employing surplus funds profitably. ‘There was a momentary inflation scare in the money markets in August and early September, but a few weeks before the election, fed- eral government spokesmen began a campaign of reassurance. Business Sentiment Better 1935. By BIL LE DE BECK YOUR LUCKY STAR YEAR \ er opportunity to enjoy Anoth our job of serving you in a friendly, helpful way. Every good wish for your continued well-being is in our hearts. DISTRIBUTED BY ALASKA-RHEINLANDER DIsTkIfiU'i QRS A D For prompt service and immediate delivery of either Rheinlander draught or bottled beer PHONE 114—Femmer's Dock, SGHUOLS UPEN —i HAROLD L. STABLER, Local Agent - AS SGHEDULED ‘== | SAYS_[]FFII}IAI.' INSURANCE | Allen Shattuck, Inc. Juneau, Ahlkll % Superintendent Denies Ru- mor — Classes to Meet Tomorrow Well, Johnny and Jane, it looks as though you'd go back to school tomorrow as scheduled—rumors to the contrary notwithstanding. Which is just one way of saying| that the “talk” prevalent around the city last night that neither the high school nor the grammar | school would open on schedule to- | morrow due to influenza cases, is not true. School will hold tomor- row. Take the word of A. B. Phillips, Superintendent of Schools. “I don't know where the rumor that school would not be held came from,” Phillips said this morning. “I haven’t hinted any| such action. Say for me that all students in both high school and | grammar school are due for attend- | ance tomorrow morning.” | The unverified rumors hinted that the fact that several “flu”| case among both the students and | the faculty would force a return| from the holiday vacation from | tomorrow until next Monday. i EXPECT BIG YEAR IN ALASKA TRAVEL Established 1898 FRESH FRUITS and VEGETABLES ALWAYS CALIFORNIA GROCERY Telephone 478 Pl.'omp! Delivery Business sentiment, most observ- ers report has takem a sharp lift in the past two months. While some business and financial spokes- men still urge an early balancing of the budget and withdrawal of the government from most of its emergency activities as essential to the restoration of businass confi- dence, leaders in the a¢ministra- tion reply that government ex- penditures will be curtafled as soon as business ds able to take up the slack in employment. In the meantime, there is little doubt that many business and fi- nancial leaders look to 1935 with high hopes that the challenge to resume employment and get rid of the crutches can be met. NOTICE ON AND AFTER JANUARY 1, 1935 the scale of pay per hour will be $1.20 for carpenters as allowed |Northern Zone by the P.W.A. #CARPENTERS LOCAL NO. 1. — - Two dahlias grown by Mrs. R. T | Moore of Nashville, Tenn., are call- |ed the ‘‘Siamese twins,” by her nef s because they are joined | together on one stem. ————— (Seattle Times) | L. W. Baker, Traffic Manager oll the Alaska Steamship Company, | who was back at his desk today| after a trip to Chicago and St. Paul where he conferred with pas- senger officials of the transcontin ental railroads, said 1935 will be a banner see-America year and tour-| ist travel to Alaska may break all| records. | Mr. Baker addressed annual| meetings of Great Northern Rail- way Company traffic officials in St. Paul December 2 and Northern Pacific traffic men in Chicago De- cember 6, discussing Alaska travel, He also conferred with Milwaukee Railroad and Union Pacific traffic| officials and various transcontin- 2| UNITED FOOD CO. “The consensus of all the rail- way passenger men with whom I Phone 16 - We Deliver = Meats—Phone 16 talked was that we may look for PIN LIGHT WHERE IT IS NEEDED and Power Co. a g JUNEAU-—Phone 6 DOUGLAS—Phone 18 a banner see-America movement of tourists in 1935 and Alaska travel may break all records,” said Mr. Baker, ———,————— OLSON RETURNS | | 4 sol: ¥ .3 § sohn G o ened 10 | Juneau Cash Grocery neau ncess N¢ it | et Bec s it vily £ Soactig CASH GROCERS MMM.W-_:h_._ Corner Second and Seward Shop in Jupeau! - ren; Deliveny