The Daily Alaska empire Newspaper, February 23, 1935, Page 4

Daily Alaska Empire ROBERT W. BENDER - - Editor and Manager ished _every ecvening except Sunday by the IlPlRE PRINTING COMPANY at Second and Main Rtreets, Juneau, Alaska. Entered in the Post Office in Juneau as Second Class natter. SUBSCRIPTION RATES. Dellvered by carrier In Juneaw and Douglas for $1.25| per month. By mall, postage paid, at the following rates: One vear, 'In advance, $12.00; aix months, in advance, .00; one month, in advance, $1.2! Bubscribers will confer a favor 1I they will promptly notify the Business Office of any failure” or irregularity In the dellvery of their paper: Telephone for Editorial ’md Business Offices, 374. MEMBER OF ASSOCIATED PRESS. The Associated Preas is exclusively entitled to the use for republication of all news dispatches credited to It or ot otherwise credited in this paper and also the local news published herein. ALASKA CIRCULATION GUARANTEED TO BE LARGER THAN THAT OF ANY OTHER PUBLICATION. AN OLD COURT OPINION. Appropos of the Supreme Court's recent gold de- cision the following comment from the Kansas City Btar before the decision was announced is of par- ticular interest: While the country is awaiting the de- cision of the Supreme Court in the gold clause case, it is interesting to recall that 100 years ago a law was enacted reducing the gold content of the dollar about 6 per cent. At the time the law was passed there were practically no gold coins in circulation because the gold dollar was worth about 4 per cent more than the silver coins in general use and because of this difference gold coins were exported. The purpose of the law reducing the dollar’s content, as explained by Missouri’'s Senator Benton, one of its chief advocates, was to bring gold into use as money in this country. Because of his advocacy of gold Senator Benton acquired the nickname of “Old Bullion.” Andrew Jackson, archenemy of the Bank of the United States, was President and signed the act. With a ncminal bimetallic money sys- tem, both silver and gold being accepted for free coinage, the actual standard was silver because the amount of silver repre- sented by a dollar was worth less than a gold dollar. The change in the gold dollar made it worth a little less than the silver dollar, and ever since the change was made gold has actually been the standard basis of the country’s money. The constitutionality of the reducing the content of the _dollar was not questioned at the time it was passed, but more than thirty years later, when the constitutionality of the legel tender act re- lating to the demand notes, or “green- backs,” issued during the war between the States, was under consideration, the Supreme Court referred to the gold act of 1834 in the following language: Was it ever imagined that this was taking private property without com- pensation and without due process of law? . . . Has anyone in good faith avowed his belief that even a law de- basing the current coin by increasing the alloy would be taking private propetry? It might be impolitic and unjust, but could its constitutionality be doubted? The authority of Congress to abrogate the gold clause in bonds is so closely con- nected with the constitutional power to “coin money and regulate the value therof” that this opinion of the Supreme Court of sixty years ago is at least interesting in connetcion with the present case. e Unemployment Insurance. 1834 act (Kansas City Times.) Unemployment insurance will help to purchasing power during a depression but it will not solve the problem of the business cycle nor is it a cure for depressions, says Prof. Edwin E. Witte in an article in the winter issue of Econoomic Forum. Professor Witte is Exetutxve Director of sustain THE DAILY ALASKA EMPIRE SATURDAY, FEB. 23, the Committee on Economic Security appointed bv‘ the President to advise him on a program of somal‘ insurance. Although he declares himself to be stanch be- liever in unemployment insurance Dr. Witte warns against expecting too much from this form of security. It gvill not, he says, give jobs to the mil- lions of wAge-earners now unemployed, nor will it make relief unnecessary. It will not directly benefit | lany group in society other than the wage-earners land salaried employees, which excludes about 20 per cent of our gainful workers who are farmers, merchants, professional men, etc.; and it is not well-suited to many groups of workers, such as| those employed casually or part-time. Dr. Witte also warns against the danger of neg- lecting the 75 to 80 per cent of workers who are still employed, in our concern for the 20 or 25 per cent who are jobless. “Real progress is made not by depressing all to the lowest prevailing level, but rather by raising the submerged to higher stand- ards. No one denies that those who are at present unemployed need help very badly; but it is equally |true that the steadily employed, those who held |their jobs throughout the depression or were the first to be re-employed, are in need of a greater degree of security than they now have.” The article points out that unemployment insur- ance alone cannot meet the hazard of unemploy- ment, because if it is real insurance it is of limited | |duration and because it cannot meet the problem |of the old worker who has lost his job and is| |unable to secure another. In spite of these limitations which prevent it |from being a cure-all, Dr. Witte declares, unemploy- | — | ment insurance would be of great value in furnish- |ing a reserve on which to draw in time of economic, crisis. Such reserves, accumulated in insurance| funds, would serve the same purpose as individual savings of workers, which have probably in the | present depression “furnished a larger |the support of the unemployed and their families than the great expenditures for public relief.” Nor would this mean the freezing of additional sums| which should be spent, for Professor Witte feels ‘Lhat it is likely to replace other forms of saving |rather than add to them. The writer points out| .lhat if unemployment insurance is to be effective, | /the question of the investment of the funds becomes | |important. They must be invested “in such a way | as actually to be available when needed and capable |of liquidation, when the depression set in, without |increasing deflationary tendencies.” | | As far as the employer is concerned, Dr. Witte | believes “ that while unemployment insurance will |probably increase costs initially it may actually |mean reduced costs in the long run. Such a Iresult is to be expected if it encourages the regularization of industry.” { On his recent visit to Columbia, Mo, Prof. | Stephen Leacock, head of the Department of Politi- cal Economy of M:Gill University, recalied an en- ccunter with the great Barrett Wendell, before his death the Harvard pundit on English literature. For diversion Professor Leacock has tossed off some| humorous bocks, as well as serious studies in econ- omics. “Ah,” said the glad to meet you read your books.” “My mother re adian. “I am children Havardite, My condescending Professcr Leacock retorted Can- yours,” the This comment from Dr. Samuel Johnson on .one of his acquaintances stirs a faint echo in our soul: “He has a rage for saying something when tkere is nothing to be said.” Poradoxes of the New Deal as reported by a Western Kansas editor at Topeka on Kansas Day: There is more money in the banks, more business at the stores, more people on relief and more jobs going begging that at any time in two years. Ex-Senator Fess is writing a book in which he will argue the superiority of the two-party If he proves his point, it ought to be adopted.— (Detroit News.) It's taken a lot of experimenting to do it, but the New Deal has certainly made the country Su- |preme Court conscious.—(Philadelphia Inquirer.) “What is handicap in bridge?” an earnest fem- |inine reader is asking. Well, my dear, it might be one's husband.—(Boston Herald.) | R s L | “Is a ton of coal very mucn papa?” | | “Tr_mz depends, my son, on whether you are shoveling or buying it”"—(Boston Transcript.) G. O. P. charge is that under the New Deal this country is just wasting away.—(Dallas News.) Parents, interested in helping their children, |if he has foolish parents. SPECIAL DANCE TONIGHT MIKE'’S PLACE DOUGLAS Music by Niemi and Edwards SPECIAL DOOR PRIZES | 7 COME EARLY! i i | might bear in mind that you can't fool a child, eveni | [ TR Attention! ALL MASONS Stated Communication MONDAY EVENING Dinner at 6:30 50 cents Masonic Temple Address by M. J. Jorgensen, S. W. N | Coal Co. In 1933 there was one death in the first year of life for every 17| | children born, while in 1915 one| of every 10 died. Y LATE! Mayor Convicted Mayor Rutherford B. Irones (above) of San Diego, Cal., wai| convicted by a jury of a hit-run charge in that city. (Associated | Press Photo) . BODY OF MlNlNG MAN IS ON BOAT u Only recently a northbound pas-| the body of Robert Clark is being shipped south on the Victoria. part of |senger as a gold mining engineer, | Clark was a passenger for Valdez | on the last northern trip of the Yukon. the nearby Ramsey-Rutherford mine. There he died recently, victim of stomach disorders. SHOP IN JUNEAU FIRST! Butler Mauro Druyg Co. “Express Money Orders Anytime” Phone 134 Free Delivery D e "LUDWIG NELSON JEWELER Watch Repairing He went from Valdez into| the | Phiteo—General Elcctric Ageney | | - FRONT STREET ]TITTP,S-S!!;VC’;S Shop LADIES'—CHILDREN'S READY-TO-WEAR Seward Street Near Third Builders’ and She:f HARDW _RI éThomas Hardware Co. IIIIIIIIIIIIIIIllIIIIIIIIIII||IIIIIIIIIIIIIII|I Pay nTaklt George Bros. LOWER LIQUOR PRICES ALWAYS |Pay’n Takit George Bros. Phone Your Orders! Store open until midnight 1T T Our Responsibility We are responsible for every ton of coal we selli+f Your satisfaction is our objective. The purchase of your fuel from us will convince you on a cost-and-comfort basis of the advantage a responsible coal merchant offers you. Pacific Coast. HAPPY. tions and best wishes today, their | birthday anniversary, to the follow- 8 | ing: BIRTHDAY| The Empire extends congratula- FEBRUARY 23 George V. Kudzoff Bob Martin Bernard F. Kane FEBRUARY 24 Harry Sperling Mrs. Helen Moder Laurel C. McKechnie Jackie Harrington BETTY MAC BEAUTY SHOP In New Location at 12th and B Strects PHONE 547 . ! | | 1 | i Ld FREE Tickets to the Uptown Theatre given to persons whose names appear in the Want Ads. [Iind your name, call at the thet. your tickets. tre box office for McCAUL MOTOR COMPANY Dodge and Plymauth Denfers r } | | | THE . . MARKET BASKET Provisions, Fruits, Vegetables Phone 342 Free Delivery }i 1 I JUNEAU Drug Co. “THE CORNER DRUG STORE” P. O. Substation No. 1 FREE DELIVERY THE JUNEAU LAUNDRY Franklin Street between Front and Second Streets PHONE 358 JUNEAU-YOUNG Funeral Parlors Licensed Funeral Directors and Embalmers Night Phone 1851 Day Phone 12 1935. { | WHY Not Because We Are Cheaper BUT BETTER RICE & AHLERS CO. r"UMBING HEATING “We tell you in advance what Job will cost” TYPEWRITERS RENTFD $5.00 per month ! 1. B. Burford & Co. | 1 “Our doorsten Is warn by satis- fled customers HOTEL ZYNDA Large Sample Room o *— ) ELEVATOR SERVICE l 8. ZYNDA, Prop. CONTESTS Vhy wnot organize a team wumong your friends, =nd set in on thc fun? Teams from all parts of the city and representing many or- ganizations have already en- tered this first series. Brunswick Alleys Rheinlander Beer on Draaght POOL BILLIARDS BARBER SHOP 1 AGENCY (Authorized Dealers) GREASES GAS OILS Juneau Motors POOT OF MAIN ST. PHONE 36 For very prompt LIQUOR DELIVERY , JUNEAU FROCK SHOPPE “Exclusive but not Expensive” | PROFESSIONAL | Tlelene WL Albrecht | | PHYSIOTHERAPY i | Massage, Electricity, Infra Red | Ray, Medical Gymnastics, ! 1 307 Goldstein Building | Phone Office, 218 1 1 | E.R. WILSON Chiropodi~.—Foot Specialist 401 Goldstein Building | PHONE 496 — DRS. KASER & FREFBURGER |/ DENTISTS Blomgren Building YHONE 56 Hours 8 am. 0 9 pm. Dr. C. P. Jenne DENTIST Rooms 8 and 9 Valentine Building Telepnone 176 o Dr. Ceo. 1. Barton CHIMOPRACTGR 201 Goldstein Bldg. Phone 214 Office hours--9-12, 1-5. Even- ings by appointment L e 1 Dr. Richard Williums DENTIST OFFICE AND RESIDENCE Gastineau Bullding Phone 481 DR. R. E. SOUTHWELL Optometrist—Optician Eyes Examined—Qlasses Fitted Room 17, Valentine Bldg. Office Phone 484; Residence | Phone 238. Office Hours: 9:30 | to 12; 1:00 to 5:30 | MGl D B Al —_————————¢ T Dr. A. W. Stewart | DENTIST Hours 9 am. 1. 6 pm. SEWAR. BUILDING Office Phone 409, Rcs. Phone 276 Fraternal Societies oF Gastineau Channel ] B. P. O. ELKS meets every Wednesday at € am. Visiting brothers welcome. T John H. Walmer, Ex- alted Ruler. M. H. Sides, Secretary KNIGHTS OF COLUMBUS “eghers Council No. .760. Meetings second wnd last Monday at 7:30 p. m. Transient brothers urged to at- ‘end. Council Cham- sers, Fifth St. JOHN F. MULLEN, 3. K, H. J. TURNER, Secretary. MOUNT JUN¥AU LODGE NO. 147 Scottish Rite Temple, beginning at 7:30 p.m. EIVERS, Secretary. Second and fourth Mon~ e day of each month in HOWARD D. STABLER, “Jorshipful Master; JAMES W DOUGLAS AERIE 117 F. O. B. feevs first and third Mondays, & m., Eagles’ Hall, Dous!as. Visiting vothers welcome. Sanvwe Degar, ~. P, T. W. Cashen, Secretary. 0O \\\HE B —a | Our tru*a go ..y place m_vlI time. A tank for Diesel Oil i and a tank for crude oil save burner trouble. PHONE 149; NIGHAT 148 | RELIABLE TRANSFER I, Commercial Adjust- ment & Rating Burean Cooperating with Whlte Serv- | ice Bureau ! Roixn 1--Shattuck Bldg. We have 5,000 local ratings on lile Alaska Transfer Co. GENERAL HAULING ED JEWELL, Proprietor PHONES 269—1134 Robert Simpson Opr. D. Graduate Los Angelos Col- ‘ege of Optometry and Opthalinology Glasses Titted ~enses Ground n R DR. H. VANCE OSTEOPATN Consultation and examination Free. Hours 10 to 12; 1 to 5; 7 to 8:30 and by appointment. Office Grand Apts., near Gas- tineau Hotel. Phone 117 —_———3 Dr. J. W. Bayne , DENTIST Rooms 5-6 Triangle Bldg. Office hours, 9 am. to § pm. I Evenings by appointmont ‘ PHONE 321 [ — ] GARBAGE HAULED Reasonable Monthly Rates E. 0. DAVIS TELEPHONE 584 Phone 4753 Watch and Jewelry Repalring at very reasonable rates I ’ PAUL BLOEDHORN | FRONT STREET OLD NEWSPAPERS In bundles for sale at The Em- pire office, 25c. Fine for starting your fires these chilly mornings. THE NE W YEAR Has Started Well Cigars Cigarettes Candy Cards The for the world’s business—but always busi- ness success depends upon more than a choice of “the right time.” 'l{‘l}sle right banking connection is important, 0. Through its service to its business patrons, The B. M. Behrends Bank, has greatly aided the Territory’s industrial and commercial development. It is ready to serve your enterprise helpfully. The B. M. Behrends Bank JUNEAU, ALASKA New Arctic Pabst Famous Draught Beer On Tap “JIMMY" CARLSON SEE BIG VAN Guns, and Ammunition LOWER FRONT STREET Next to Midget Lunch Drucs anp Sunpries or LIQUORS IN A YMURRY! PHONE 97 Fast Free Delivery Guy L. Smith Drug Store Next to Coliseura — Hollywood' Style Shop Formerly COLEMAN'S Pay Less—Much Less Pront at Main Street BEULAH HICKEY REPAIR Telephone 65 HENRY PIGG For Qluck RADIO . Harry Race DRUGGIST IDEAL PAINT SHOP If It's Paint We Have It! WENDT & GARSTER T4P BEER IN TOWN! e W3 THE MINERS" Recreation Parlors fllld & Liquor Store