The Daily Alaska empire Newspaper, September 25, 1935, Page 4

e ROBERT W. BENDER - - Editor and Manager the Main | Sund Second Published every EMPIRE PRINTIN( Streets, Juneau, Al t Office in Juneau as Second Class Entered in the P matter ~ SUBSCRIPTION RATES. Oelivered by carrier In Juneau and Douglas for $1.25 per_month. the following r By mail, pos i One year, uonths, in advance, o ';'n}l;. will promptly notify th any failure or irregularity in the delivery of their papers. ’ I emhanes. News Office, 602; Business Office, 374 'MEMBER OF ASSOCIATED PRESS. The Associated Press is exclusively entitied to the use for republ 1l_news dispatches credited to i aper and also the ed in this in ALASKA CIRCULATION GUARANTEED TO BE LARGER THAN THAT OF ANY OTHER PUBLICATION | WAITKUS' FLIGHT. While the world has come to think of suchl things as commonplace, the flight of Felix Waitkus across the Atlantic Ocean, only to end in a crack-up in Ireland when he ran short of gasoline some dis- tance short of his Lithuania goal, reveals anew man's mastery of the air and the efficiency of air- planes. T It is but a few short years since the one and only Lindy spanned that vast expanse of water to land successfully in Paris and become the air hero| of all time. At that time, his flight was one of distinc- tion, not only because he did it first but because he was one of the few tomake it across the ocean at all. Plane | after plane was lost at sea never to be heard from {the proceedings, after considering the recommenda- THE DAILY ALA shall approve the plan if satisfied that it is fair nnd; equitable, gives due recognition to the right of each class of creditors and stockholders, does not dis- scriminate unfairly, will conform to the require-| ments of the law of the land, and that it meets| certain other minor requirements. Specifies that if the judge approves the plan,| he shall transmit it to the commission for a sub-| mission and referendum by the creditors and stock- | holders and that, after such referendum, the judge shall confirm the plan if two-thirds of those voting have approved it, but the judge may nevertheless| confirm the plan even if it has not been accepted| by the creditors and stockholders, if he finds that it| makes adequate provision for fair and equitable treatment for the interests of those rejecting it, that such rejection is not reasonably justified in the light | of the respective rights of those rejecting it, and the plan cenforms to the requirements of the sta- tute. | Provides that if in light of all the existing cir—" cumstances there is undue delay in a reasonably expeditious reorganization, the judge shall dismiss tion of the Interstate Commerce Commission. | THE NRA EXTENSION ACT Approved June 14, 1935 the NRA in skeletonized form until Extends April 1, 1936. Repesls all provisions of Title I of the National | Industrial Recovery Act delegating power to the President to approve or prescribe codes of fair com- | petition and providing for the enforcement of such codes. Provides that the exemption (from the anti-trust laws) provided in Section 5 of Title I of ..e Na- tional Industrial Recovery Act shall extend “only to agreements and action thereunder (1) putting into effect the requirements of Section 7a, including minimum wages, maximum hours and prohibition ol child labor; and (2) prohibiting unfair competitive | THE COASTWISE TRADE ACT OF 1935 Approved July 2, 1935 vessels from engaging in the coastwise trade: owners. ! 2. Vessels built in the United States for foreign countries or foreign purchasers. | Prevents the repatriation of old ships which again in an effort to accomplish the feat. Admiral) oy inany qualified for the coastwise trade of the Byrd made it later but cracked up on the English coa.sl.; Ruth Elder, the first woman to try it as a passenger, was picked up at sea off the Azores. Planes vir-| tually were scattered from Harbor Grace to the Irish coast, in those first valiant attempts. Again ocean distance flying was tried on the Pacific, being inaugurated with the Dole flight. ilar tragedies told the story of the airplane’s in-| efficiency at that time to meet the demand putleggier pasis, upon it. Too well the world recalls the fate of Mildred Doran, the Michigan school teacher, who Here sim-! United States and have been sold and are trying ‘to return. | THE HOME MORTGAGE RELIEF ACT | | Liberalizes the Federal so as to facilitate the functioning of the Federal |Home Loan Banks and enable their members to carry home mortgages over longer terms and on an i Extends the limitation of existing law with respect to the maturity of mortgages which \may be accepted as collateral for advances by Fed- was to be the first woman to fly the Pacific as eral Home Loan Banks from fiféeen to twenty years a passenger, and many others, all lost at zea. The last ten years has made a great difference in aviation as the Waitkus flight shows. We don't and makes all home mortgages up to $20,00¢ in amount—instead of those on properties valued up to $20,000—eligible as such collateral. even become concerned about an oceanic hop any more because they are unusual only when they fail. Aircraft has been so improved, navigation instru- ments have been so perfected that distance whether over sea or land has been annihilated. Waitkus will go down in aviation records as just another man to fly the Atlantic but to the average commercial Owners' Loan Act of 1933 assessments levied upon L1ights of Columbus, announced the following new officers: Frank passenger it means a great deal more. It means the airplane of today gets through. It means that‘ the time is not far distant when regular commercial air lines will girdle the globe just as Lindy pre-}Bnnk Board to determine the reasonableness of the‘ dicted after he made the Paris hop. IT TAKES “COLOR.” Not since Dempsey and Tunney fought in Chicago has so much of that thing known in the sport world as color been attached to a prize fight as the encounter last night when Joe Louis, the negro, met and conqucred Max Baer, the former idol. Here| _not only was actual color of white man against| black, but both have risen to heights in the sport- ing world due to that unusual ability to do things in a colorful and dramatic manner. That is the stuff that brings out the cash cus- tomers, and made this fight one of the greatest, money makers in ring history. Whether in sports or anything else, color, call it what you will, but, particularly that ability to do things well and with| a certain finesse, is a remarkable quality. | WHAT CONGRESS DiD, 1935. The longest session of Congress since 1922 has come to a close and a wide range of important legislation was enacted into law. In an effort to give a more thorough in- sight into the various measures adopted, The Empire is presenting a series of summaries | of the major bills passed into law. THE RAILROAD REORGANIZATION ACT Designed to simplify and improve the procedure for financial reorganization of railroads (engaged in interstate commerce) under the Bankruptcy Act and to assist the administration’s rail coordination plan. Provides that any railroad corporation which is insolvent or unable to meet its debts as they mature (or creditors of such a company having claims ag- gregating not less than 5 per cent of its indebted- ness) can file a petition in a Federal court for relief under Section 77 of the Bankrptcy Act, as amended by this new act, upon approving which the court would have exclusive jurisdiction of the property wherever located, its process extending to any judicial district. Provides that after approving the petition the judge shall appoint a trustees, or trustees, subject to the ratification of the Interstate Commerce Com- mission; that receivers' certificates may be issued; that the trustee shall file lists of all bondholders and creditors; that any one having information about the names and addresses of security holders ean be required to divulge it; that the judge shall, direct the trustees to report on ail irregularities or frauds in the debtor's management, and that the commission shall prepare data helpful in reorgani- zations. Requires the filing of a plan of reorganization by the debtor, within six months after the petition for relief, with extensions as allowed by the court; plans also would be filed by trustees or creditors cr stockholders having not less than 10 per cent of the holdings of their respective claims, or by any party in interest, with the consent of the commission, The commission must hold hearings on these plans, and, if it approves a plan, shall certify it to the court. Provides that upon certification of a plan to the court, the judge, after notice shall hear all parties on objections to the plan and that the judge Jthe corporation. Ition was fixed at $300,000,000. Increases the borrowing power of the Home Owners’ Loan Corporation from $3,000,000,000 to $4,- 1750,000,000 to provide for applications already filed &and for applicants who in good faith sought relief 'prior to the enactment of the new act or who filed | their applications within thirty days thereafter. Provides that for the purposes of the Home real property by special districts organized in any 'State for public improvements should be treatel as general-tax levies, leaving it to the Home Loan annual tax burden on property securing loans by Removes the prohibition against making a de- duction from the loanable value of the property1 where the aggregate amount of the annual taxes,| levies and assessments does not exceed 5 per cent! 'of the value of the property as determined by the! appraisal. | Permits State-chartered institutions which are | State charter. to purchase: (1) Federal Home Loan Bank bonds, | debentures or notes (including consolidated bonds | or debentures); (2) full-paid income shares of Fed- | eral savings and loan associations on the same terms | and conditions and within the same limitations| as in the case of purchases of such shares by the Secretary of the Treasury after the funds made| available have been exhausted, and (3) shares m! any institution which is a member of a Federal Home Loan Bank and whose accounts are insured | under Title IV of the National Housing Act, if thei institution is eligible for such insurance. The total amount available to the corporation under this sec- | Increases by $200,000 the amounts made available to the Federal Home Loan Bank Board for encourag- ing the promition, organization and development of Federal loans and savings associations. | Extends from January 1, 1936, to April 1, 1936, the time within which loans must be made in order | to be eligible for insurance under Section 2 of thel National Housing Act and makes loans up to $50,- 000 eligible for such insurance if made for the pur- | pose of financing sl&mnons. repairs and improve-| ments with respect to real property “improved by. lor to be converted into apartment or muitiple fam- ily houses, hotels, offices, business or other com- \mercial buildings, hospitals, orphanages, colleges, schools or manufacturing or industrial plants.” Britain and Ethiopia. | (Current History.) | Behind Great Britain's efforts to halt Italian| 'aggression against Ethiopia lie very tangible inter- | ests in Northeast Africa. These concern not only’ 'a secure route to South Africa but also the depend-! ence of Egypt and the Anglo-Egyptian Sudan upon | the Ethiopian sourccs of the ‘Nile, and particularly upon the Blue Nile, which flows out from Lake Tsana on the Ethiopian plateau and joins the White | ‘Nile at Khartum. Adequate water supply for irri- gation is the most vital of all questions to 15,000,- | 000 Egyptians and to 5,600,000 Sudanese who live ! under the condonium. Without it they would perish, and any political development affecting the owner- | ship of the headwaters of the Nile is of primary importance to them. | Great Britain, as the protector of Egypt and as Joint ruler of the Sudan, has followed no “muddling | through” policy in regard to the Nile. In fact, for |about four decades it has been a cardinal point of | |British African policy that no foreign power shall control the headwaters of the Nile. Long’s guards were fast, “but not fast enough,”| according to onge of them. There is no point in ton, W. Va. Times) Home Loan Bank Act Authorizes the Home Owners Loan Corpornuon‘}mr being fast at all if one is not fast enough.—Charles- ‘F, i Generally fortunate planetary in-| SEPTEMBER 25 | fluences are active today, accord- Mrs. J. F. Mullen |ing to astrology. It is a day in Patricia Jean Stanyer | which certain ill omens are seen, v - | but it should be fairly lucky. | Women are subject to stimulat- i 7ling and inspiring aspects which ; 20 YEARS AGO {philanthropy and politics, From The Empire SEPTEMBER 25, 1915 Russia Administers older women apply. The stars favor Severe Blow to Invaders; Headlines: HAPPY ——BIRTHDAY| The Empire extends congratula- tions and best wishes today, their WEDNESDAY, SEPT. 25, 1935. || “The stars incline Horoscope but do not compel” THURSDAY, September 26, 1935 | promote their organized efforts in but | there will be much enmity and jeal- D! among them. This a promising day for these who ceek employment, bui the young are to be chosen where is Greek;those who think and act acording Armies Are Ready For Any Emer-|to modern ideas. gency; War Loan Negotiations Are Crumbling. “Scotty” | dogs to Seattle, sailing on the Sen- practices which offend against existing law, in-| cluding anti-trust laws, or which constitute unfair | 3tOT- methods of competition under the Federal Trade | Commission Act.” VArrivals Amends Section 27 of the Merchant Marine Act|2 day with excellent prospects in of 1920 so as to prohibit the following classes of | Sight. It is stated that every indi- | cation points to this dredge being 1. Vessels built in or documented under the laws an exceptionally good producer as of the United States and later sold to foreign there is lots of good ground in | sight. The Kelliher dredge is also running and is reported to be do-| ing well. The miners througfout the district are somewhat handicapped by the scarcity of water and min- ing operations are not nearly so| extensive as last year.”—Nome Nug- get. A dispatch from Fairbanks read Weddings are epidemic here at the present time. Four brides arrived from the States today and accord- ing to reports more of the fair sex are on their way to M. Rene Haas, | consul here, but a subaltern in the| Revolt against standardization French army out, had returned here and the day before purchased 100 Alaskan sled dogs which were to be taken by him to the front, for use by the Al-| ! pine Chausseurs. were several dogs r\Dnr!ing sweep-stake thoroughbreds. Allan was to take the | from tne Kougarck | statestate that the Taylor dredge is | doing exceptionally well and is tak- ing out on the average of $1,600! It is a favorable day for shop- {ping and merchants should. profit for there will be a desire to pur- Frénch | chate what 45 costly and unique, in since the war broke|dre:s and coiffure is prognosticated. Lawyers and professors now are fortunate, for the stars presage new honors for them as leaders amonz the people. Brain trusts that aid small groups are to be numerous in the coming winter when there will be much discussion of public ques- tions. Reaction in favor of states’ rights and independence is to be strong in certain parts of the country, the seers forecast. Warning is given that the conflictbetwecn federal pator nalism and ctate independence wiil e stubborn and wili result in mud- ‘dled loyalties. itors from foreign lands will numerous and secret missions appear to be indicated. Distin- former In the string of the Allan- arrive incognito. This is an auspicious date for en- tertaining guests who are much in the public eye. Many short-lived honors will be bestowed upon men and women with political ambitions. Fersons whose birthdate it is have the augury of a year of in-'® tellectual interests. But there may be romances as well and too many play days. 5 ably will be exceadingly kindly and intelligent. Subjocts of this sign {uzuzally have th of expres- sion in ye: [ This Week’s Special Ends Wednesday Madame Bushnell’s Electric Facials—NOW S$1.00 Regular price £1.50 “You'll be amazed at the beauty of your skin!” Peter Pan Beauty Shop MARGARET LINDSAY | Helere W_[.. Albrecht | PHYSIOTHERAPY e, Electricity, Infra Red | Ray. Medical Gymnastic 307 Goldsteir Building Phone Offi | D#S. KASLR & FREEBURGER | heart and home of some sour- ‘ ' en or spoken. dcugh.” George W. s, capitalist, was sy {born on this day 1858. Others who A Seward paper reporied thap|have celebratad it as a birthday in- | Frank Cotter was to open a branch | clude store at Anchorage. Senator Dan Sut ed the interests of Dan McCarth; on Flat Creek, Ruby District. Archbishop d A. Boyle, Grand Knight; Deputy Grand Knight; J. { White, CARD OF THANKS We desire to acknowledge with converted into Federal savings and loan associa-|Sincere thanks the many kind ex- tions to continue to make loans in the territory in|Pressions of sympathyand the beau- | which they made loans while operating under a|Uful floral offerings at the funeral of our beloved mother, Mrs. Susie garet Ptack. MR. and MRS. BEN MELVIN MR. and MRS. ED LANE SHOP IN JUNEAU! | RADIO SERVICE and SUPPLY BERT WHITFIELD “Next First National Bank” PHONE 534 g Bachellor, author, 1853; {Danicl W. Voorhces, statesman, {1827, Washingion Irving Babeock, naval architect, 1853, \ (Copyright, 1935) ,eoe— and purc Daily Empire Want Ads Pa Seghers Council, | GARLAND BOGGAN | Hardwood Floors , e R. Atchizon, Chancellor; Harley . P | Turner, Recorder; F. W. Hebert, Wuxmg POhSl"ng | Financlal Secretary; G. M. Simp- [ Sanding kins, Treasurer. if PHONE 582 Weather: Maximum, 52; mini- mum, 35; rain, .85 inch. SRS AT i . N ‘\\‘\'r" 7/[/ Y R e % \Fi TN = f 5 STRIKE! | BRUNSWICK | BOWLING ALLEYS Rheinlander Beer on Tap h The B. M. Behrends Bank Juneau, Alaska enjoys the distinetion of being one of the best known institu- tions in the Territory and in terms of facilities, resources, contacts and scope of service is qualified to efficiently care for the financial needs of its customers, Children born on this day prob—‘ ! " LUDWIG NELSON guiched Europeans and Asiatics wiil . DRY CLEANING e dort Water Washiug . four ALASKA LAUNDRY | 1 DENTIST I ! | 1 Front St. Phone 221 3 DENTISTS | Blomgren Building = ) PHONE 56 | Hours ¢ am. to 9 pm. | Daily Empire Want Ads Pay! | f2. S by | SR L T i - o |5 et - ! Dr. C. P. Jenne i DENTIST | | | Rooms 8 and 9 Valentine | 4 11 Building ! Telephone 176 I Dr. Richard Williams i DENTIST OFFICE AND RESIDENCE ! Gastineau Building | Phone 481 Dr. A. W. Sic.art Hours 9 am. to 6 pm. SEWARD RUILDING Offize Pnone 469 Fohert Si mpson ‘ Opt. D. L2 Graduate Angeles Col- PHONE )5 | lege of Optometry and | Opthalmology SoTmTr oo rerm oI || Uldsses Pitted . Lenses Grovng .- - ® | L2 — Jones-Stevens Shop || — R. H. VANCE LADIES' — MISSES’ OSTEOPATH ) READY-TO-WEAR Uomsulsation and examination Beward Street Near Third Free. Kours 10 to 12; 1 to 5; . o '} 7 to 8:30 and by appointment. Office Grand Apts., near Gas- s e tineau Hotel. Phcne 177 | JUNEAU-YOUNG || Hardware Company |/ PAINTS —OIL—GLASS 1 . Shelf and Heavy Hardware Guns and Ammunition TYPEWRITERS RENTED $5.00 per month J. B. Burford & Co. “Our doorstep is worn by eatisfied customers” JE'VELER Watch Repairing Phileo—General Electric Agency FRONT STREET Grocery James Ramsay & Son FRESH FRUITS and VEGZTABLES FRESH MEATS Phone 182 Free Delivery. MUSICIANS LOCAL NO. 1 Meets Second and Fourth Sun- THE BEST I} TAP BEER IN TOWN! [ {HE MINERS Recreation Parlors and Liguor Store BILL DOUGLAS o s et r“«Guy Smith DRUGS PUROLA REMEDIES PRESCRIPTIONS CARE- FULLY COMPOUNDED | i days Every Month—3 P. M. Front St. Next Coliseum | DUDE HAYNES, PHONE 97—Free Delivery | Secretary o i — i FINE f| H.S GRAVES | Watch and Jewelry Repalring. | i “The Tlothing Man’ i | at very reasonable rates | | | pome of Hart dchattner and | | | Marx “'nthing | PAUL BLOEDHORN l ————— FRONT STREET & e = r——m‘—‘[ L Builders’ and Shelf i HARDARE | AMMUNITION Guns for rent, bought sold and exchanged—Always Open SEE BIG VAN Lower Front Street | | Thomas Hardware Co, | —_————— HOTEL ZYNDA Large Sample Room ELEVATOR SERVICE S. ZYNDA, Prop. IDEAL PAINT SHOP I | It It's Paint We Have It! i ; | | WENDT & GARSTER s PHONE 54 . ] o Harry Race DRUGGIST 7 'l‘l;Q Squibb Siore” CONSTRUCTION CO. Phone 107 Juneau SHOP IN JUNEAU! [RE! iy | 1 | Fraternal Societies {4 e g i | Gastinecu Channel B. P .0. ELKS meets every ‘Wednesday at 8 P. M. Visiting bothers welcome. M. E. MONAGLE, Ex- i alied Ruler. | M. H. SIDES, Secretary. KNIGHTS Oor COLUMPUS Seghers Council No. 4 1760.. Meetings second and last Monday at 7:30 p. m. Transient brotress urged to at- tend. Ceowre?' Cham- pers. Pfth St. JOHN F. MULLFl, G. K, . J. TURNER, Secretary [ 2y MOGPT JUNEAU LODGE NO. 141 Second and Fourth Mon+ day nf each month v Scottish Rit2 Temple, beginning at 7:30 p.m. HOW *RD D. STABLER, Worshipful Master; J..MES W, Secretary. LEIVERS, DOUGLAS N AERIE S | 11, F O E w%%,tm Meets first and third Mondays, p.m. Eagles’ Hall, Douglas. Visiting Yrothers welcome. J. B. Martin W. P, T. N. Cashen, Secretary. | ‘Our t.ucks go any place any | | time. A tank for Diesel Oil | | and @ tank for crude oil save | burner trouble. PHCNE 149; NIGHT 148 ReviaBLE TRANSFER 5 o F T P A S | Commercial Adjust- | ment & Rating Bureau roperating with White Serv- ice Bureau Room 1—Shattuck Bldg. | ‘We have 5,000 local ratings | }- on file = JUNEAU FROCK. SHOPPE “Exclusive but not Ezpenstve” Lingerie, [ McCAUL MOTOR ) COMPANY ]M"MMMI — = e e \ FORD AGENCY (Authorized Dealers) GREASES L GAS—OILS JUNEAU MOTORS Foot, of Main Street | e — J e e | Phone | Cardinal 't Cabs e e e e 3 i g | { THE MARKET RASKET Provisions, Fruits, Vegetables Phone 342 Free Delivery | Sy PHONE 36 For very prompt LIQUOR DELIVERY THE JuNEAU LAUNDRY N i 3 |