The Daily Alaska empire Newspaper, October 23, 1936, Page 11

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THE DAILY ALASKA EMPIRE, FRIDAY, , OCT. 23, 1936. Devaluation of Franc Most Editors Approve Devaluation of the franc by the French Government, with the sym- pathetic support of Great Britain and the United States, is held by 83 per cent of commenting newspapers to carry a promise of readjustment of world trade, with stzong prospect of general currency stabilization. In i the judgment of 17 per cent of the | press, it is objectionable because it | is a step toward inflation, is an abandonment of gold in the mone- tary world, and causes loss for| French citizens. Majority sentiment on the French currency change gives credit to the | government of that country because it is a definite step in the direction of international action to remove currency difficulties. It is confi- | dently predicted by many of these | editors that because three nations are prepared to cooperate, the spirit involved will lead to better foreign ' trade conditions. “Whatever may be its immediate repercussions,” declares the Wall Street Journal (Ind.), “it must be regarded as a really constructive de- velopment, the effects of which, so far as they go, cannot but be. good. That it meets with the approvaland ! has the sympathetic support of Great Britain and the United States enhances its importance. The first step toward the desired goal of in- ternational has been taken, and even if the road to that goal is long and diffi- cult it is a great thing to have made the start.” Issues Behind the Scene “The real significance,” explains the Indianapolis News (Rep), ‘“is | ditch. The country is not disposed to adventure in the direction a frac- tion of a gold ounce more than | seems unavoidable.” “The Big Truth” “The big truth,” asserts the Jer- sey City Journal (Rep.), “is that if we persist in the Roosevelt infla- tion policies we shall presently be | imitating France and Germany and other nations which have trod the painful road downhill which is paved with inflation of government credit, deflation of the purchasing! power of money and constant jug- gling with currency; and that iié we refuse to follow this road but | adopt a hard money policy we shall | be in for a series of rough times while the water is squeezed out of mortgage and other big lien ap- praisals, while taxes are collected to pay off debts and appropriations | to prime the business pump are eli- minated from the federal spending | program, and while the dole is re- | duced to a point where once again a lazy man would rather work than | starve.” “It has been proposed,” recalls| the San Francisco Chronicle (Rep.), | “that currency be made convertible into gold when it can be done with- out causing disturbance. The time | seems rapidly approaching when it | must be done to prevent disturb- | the gold that we have. Gold is still the traditional base of currency. It is the only money that still flows freely across frontiers and is worth the same on both sides. The im- pounding of most of the gold in the world—the withdrawal of it much deeper than the mere accom- from use—is deflationary in its ef- modation of the franc to the reduc- |fect on international trade. tions made since 1931 by most other| “We can protect our gold physi- leading countries. The French elec- |cally by immuring it in a subter- tion this year swung the country far |ranean fort, but we cannot conserve to the left. It reflected popular dis- |its value if the world abandons gold satisfaction with French business under the gold standard. “The new government is radical, probably nearly Communistic if forced to take a stand. It national- ized the Bank of France, taking its control from the stockholders who have supported an able management since the time of Napoleon. This move drove capital from France. “The thrifty Frenchman who could manage to send his money abroad, either as gold or investments, has been doing so. This resulted in _a drain on the gold supply that made the present policy imperative. Un- doubtedly the United States Ad- ministration and the British gov- ernment were influenced to cooper- ate by a desire to stay the radical movement in France.” “It is an important contribution to world currency stability and the rebuilding of international trade,’ thinks the Kansas City Star (Ind). “The leading nations seem willing now to shake off some of the bonds of fear and economic jealously,” states the Chattanooga Times (Dem.). “It is hailed as a move toward international stabilization of cur- rencies, tending to promote world trade and prevent war,” says the Bloomington (Ill) Pantagraph (Ind). “The internal situation in France the next few weeks,” according to the Newark Evening News (Ind.) “may develop peril for the Blum Ministry. It will call for delicate handling, but every possible pro- vision appears to have been taken to cushion_ the retaliations that a too rapid rise in the cost of living would occasion. . . .” Stabilization Prospects The prospect of stabilization is recognized by the Kalamazoo Gaz- ette (Rep.), the McKeesport (Pa.) News (Ind.), the Cincinnati Times- Star (Rep.), the Providence Bulle- tin (Dem.), and the Asheville Times (Dem.). “If the currencies of the three great demgcracies can be kept into line with "each other, much good | will follow,” maintains the Wil- mington (Del.), News (Ind.), while the Macon Telegraph (Dem.), holds that the action “may mark the be- ginning - of a healthier period in international trade.” “In theory,” according to the Grand Rapids Press (Rep.), “a cheaper currency would let France sell more abroad and buy less. French economy differs, however, from that of most nations, in that | & the greater part of her exports are | luxury goods not usually based upon | a narrow price range. Her indus- tries need raw materials, which a gold currency can more cheaply | purchase. ' “A devaluation of the franc can as a monetary base.” PAIN IN NECK IS NOW TRACED BY 2 DOCTORS Whys Are Stated, Routes| Designated — Some BAI_{i‘JEY GOOGLE AND SPARK PLUG PaPPY--\f HESH UP AFORE T BODACIOUSLY Rl AL 80X YORE EARS-T HEV TOLE YE NINE HUNNERT TIMES WEAZY (S A ONSU(TABLE MATCH FER YE NAOW--ACCUMELATE YORESE'F AN' GIT A LEETLE GUMPTION- 1 JES' CAN'T G(T WEAZY oUT'N MAH HAID-PIECE - 5~1F GNIF T KNOW HE'S PIVIN' AN' PINDLIN' HS HEART OUT .4 was discovered by putting blue dye in sinuses of cats. The dye passed down to pharyngeal glands near the lymphatics at the base of the neck, and then into the right side of the heart. The heart sent the dye into the lungs. It took several years to verify this devious routing and to prove currency stabilization |ance and to conserve the value in |that it had no connection with sinus infections which might pass down the throat and windpipe. What harm may be done when the infections reach heart and lungs remains to be discovered. But the physicians suggested that this hidden route may explain some cases of tuberculosis. The infection could start, uney said, in sinuses, and when it reached the lungs might result in the pulmonary disease. OPTIONS ARE TAKEN ON MANY PROPERTIES IN GOODPASTER AREA Among the lucky holders of gold quartz mining claims in the Good- paster area who made deals with |the American Smelting and Refin- ing Company in the negotiations closed here this week were Mrs, Emma Johnson and Oscar Tweiten, says the Fairbanks News-Miner. | The list of those entering into the agreements of the company as an- | nounced did not contain the names of these two. Discovery Left By HOWARD W. BLAKESLEE (Associated Press Science Editor) NEW YORK, Oct. 23. — The “pain in the neck” which strikes by two doctors. Likewise, aching shoulders, and a direct route to the heart itself from nasal sinuses, were traced in the same discovery which was an- nounced to eye, ear, nose and throat specialists at the opening session of the annual meeting of The Am- erican Academy of Ophthalmology and Otolaryngology. The newly found pain routes are two, one via nerves, the other through glands. They were des- cribed by Olof Larsell, M.D., and Ralph A. Fenton, M.D,, of Portland, Ore. One pain route starts with the nerves which normaly regulate the blood supply to nasal organs. Sinus trouble seated about the back of the nose may interfere with | them. The result, in the cases described, | is that nearby system of sympathe- | tic nerves which regulate blood to shoulders and side of the neck go | temporarily out of commission. Shoulders and neck, starved for blood, respond with shooting pains. Rubbing treatments usualy ease the pain because they stimulate circu- lation. The second pain route, via glands, Other owners of claims in the | area who made deals with the big | company include E. W. Hershberg- er, discoverer of the field; Lawrence Johnson, Wm. Eisenmenger, Louis D. Colbert, Wm. McConn, Patrick R. Doherty, Carl Tweiten, George |without apparent cause, has been Warmbold and Sidney Higgings. As- Itraced to sinuses around the nose sociated with Mr. Hershberger are Carl Anderson, Victor Anderson, Victor B. Ross, well-known aviator, and William Oliver of Candle. John Butrovich is associated with Lawr- ence in the group. The large group of some 50 claims optioned and taken under lease by the company was organ- ized by Jack McCord and C. W. Tibbetts, who, under agreements, share in the benefits to be de- rived under and by virtue of the transactions. HARDY PIONEER OKLAHOMA CITY, Oct. 23.—MTrs. Florence Hensley, 72, suffered a broken arm. “Pooh,” she said to a physician in spurning a suggested hypodermic to ease the pain. “Pooh,” she said the next day in | rejecting ether before the bane was set at a hospital. A few hours later, she went shopping. P Mrs. Eva Willis has received her appointment as postmaster at Dutch Harbor. MOST ELIGIBLE “BACHELOR GIRLS” ¥ hardly be such a momentous oc- | i casion as that dramatic instance five years ago when the English pound was taken off the gold stand- ard. And its effect upon the world | will hardly be as great.” i “The nations which have emwr' gone off the gold standard entire- ly, or cut the gold value of their | respective currencies,” it is pointed ; out by the Hartford Times (Dem.), ! “have been those whose domest!: ; political situation kept the step ' from inviting revolutions. They have “World opinion welcomes French franc devaluation, both as indica- tive of better stabilized political conditions in Prance, and as prom- ising great assistance toward French economic recovery which automati- cally must assist world economic re- covery. | “If France should devalue to an to imperil the future by currency inflation. The course has been re- sisted almost to a These four girls, daughters of wealth, are first rank “bachelor girle® —all eligible. Left is Ethel Du Pon". Philadelphia and Vlllmlnmz N. J., favorite. Upper center is Barbara Field of chlcao.:, daughter Marshall Field. her is Dorothy Fell, daughter Mrs. M. At the right ls another Canaiists, Gloria Baker, dauuhtor Emerson. (Associated Press Photo) Mills. At the right is another likely of Mrs, Margaret States Find Advertising Pays; Maine Is Pioneer back of the throat, thence to the| (National Publisher) Tourist advertising pays! Exhibit A is the state of Maine which has increased its annual ap- propriation for tourist advertising from $25,000 in 1925 to $100,000 in 1936. The development program of the New England state, which was host to the National Editorial Association last. June, has become a model for other states to follow. In comparison with five other states in New England, Maine takes part in the $100,000 advertising cam- paign of the New England Council. Announcement was made recently that the 1936 fund had produced three times the response of last year. Tourisu advertising, no longer an experiment, has become matter-of- fact in many states. This is par-| ticularly the case of states which enjoy the reputation of having scen- ic attractions for summer tourist trade. Texas Is Ad Conscious The State of Texas, centennial- minded, has become advertising conscious, it would seem to appear. Lieut. Governor Walter Woodul, chairman of the Centennial com- mission on control, urges a $1,000,- 000 state appropriation to extol the merits of Texas in a five-year ad- vertising program. Oregon, too, has found a judic- ious use of newspaper space brings dollars into the state. The Highway jCommission reports that results of its $28,000 campaign have been “ex- ceedingly gratifying.” The Mississippi Legislature has appropriated $100,000 to advertise Ithe state over a four-year period. The Mississippi Press Association will contribute $125,000 in adver- | tising space, and all activities are under the direction of Ed Lips- comb, former managing editor of the Gulfport (Miss.) Guide, owned by Clayton Rand. An All Florida Advertising com- | mission is proposed to promote the state. Ralph Nicholson, general manager of the Tampa Daily Times, |has been appointed by Gov. Dave |Sholtz to represent the Governor's All Florida Advertising committee lin drafting the legislative bill. | Wisconsin, Minnesota, and Mich- igan have state appropriations for tourist advertising. Maine’s First Fund Maine started its advertising movement way back in 1922 when $29,570 was raised by private sub- COME OVER HERE, MARCELLY-- WE'LL Go THROUGH SOME ' THIS FAN-MAIL- scription to finance the operation| of the Maine Publicity Bureau. Most of the money was used for display advertising in daily news- | papers, east of Chicago, north of| Cleveland, south as far as Wash- ington, and ncrth to Montreal and| Toronto. While the tourist bureau, financ- ed by the state after 1925, served as a clearing house and an information bureau, tne next step was to organ- ize an official board duly author- ized for handling the funds ap- propriataed by towns and cities. Thus the Maine Development As- sociation was formed at Augusta, the state capital, and it comprised the chairmen of 16 counties as chos- en by representatives from the cit- ies and towns contributing to the fund. The total amount has been | from $25,000 to $50,000. Benefits Are Many Fold Maine, up at the northeastern part| & of the nation, began to be talked about. Americans, by the hun- dreds of thousands, headed north- ward for Maine. In 1927 the state increased its tourist appropriation and changed the development association into a commission, while the publicity bureau continued as the service or-| ganization for the general plan. The benefits of tourist advertising to Maine are many fold. Construc- tion of summer homes has added! valuation to the tax books, bringing new tax revenue for schools, roads and other civic improvements. It has brought close to $100,000,000 in- to Maine, summer trade has be-, come an industry of first magni- tude. Maine business men, sagac- ious in their foresight, know also that while it is difficult to induce out-of-state capital t6 try Maine for a vacation. That is why the slogan was adopted: “Bring them to play and persuade them to stay.” — .- ANCHORAGE VFW ELECT A. J. Strigga was elected comman- der of Denali Post No. 1685, Veter- ans of Foreign Wars at Anchorage recently. Other officers elected were Ro- land George, senior vice comman- der; George Blackman, junior vice commander; Harvey E. Smith, quar- termaster; Claude Mitchell, chap- lain, and C. C. Black trustee. — e SADLER’S BODY TO SOUTH The body of Harold Sadler, who was killed in an accident at the Alaska Juneau last Sunday, will be sent to Ventura, California, for burial, on the southbound steamer Northwestern. Try an Empire ad. RUSSIAN STEAM BATHS and SHOWERS OPEN 1:00 P. M. TO 1:00 A. M. WEDNESDAYS——FRIDAYS——SATURDAYS 186A Gastineau Avenue Open Wednesdays and Saturdays after 1 a.m. by appointment only. Phone 349 JUNEAU CASH GROCER CASH GROCERS Corner Second and Seward Streeis Free Delivery PHONE 5% AFTER 6:00 P, M. PHONE 226 If your Daily Alaska Empire has not reached you PHONE 226 and a copy SPECIAL CARRIER to you IMMEDIATELY. 1" i will be sent by OHOH- LOOKIT THISY DIESEL OIL—UTAH COAL STORAGE and CRATING JUNEAU TRANSFER Phone 48 /PRINCE By BILLIE DE BECK N MISS MARCELLY WILKINS DBK STUDIOS DEAR MISS WILKINS -- I HAVE JUST SEEN YOUR “S82 ONANOFFSKI o0 PICTURE IN THE LONDON ROTOGRAVURE-AM SAILING TODAY ON THE S.S.SEAGULL-:- BELIEVE ME-- T AM BUGS ABOUT YoU-- — BUSINESS PROFESSIONAL When in Need of DIRECTORY ! PROFESSIONAL | GENERAL HAULING CALL US [ Helene W. L. Albrecht Massage, Electricity, Infra Red PHYSIOTHERAPY Ray, Medical Gymnastics 307 GOLDSTEIN BLDG. Phone Office, 216 Night Phone 4703 D ] | DRS. KASER & FREEBURGER DENTISTS Blomgren Building PHONE 56 Hours 9 ax. to 9 pm. compound Butler Mauro Drug Co. SPECIALIZING in French | and Italian Dinners Gastineau Cafe Short Orders at All Hours S e ] GUNS Ammunition See—BIG Van SOUTH FRANKLIN Phone 479 Ludwig Nelson WATCHMAKER and JEWELER Juneau, Alaska Valentine Building TELEPHONE 176 " Dr. Richard Williams DENTIST OFFICE AND RESIDENCE GOLDSTEIN BUILDING —_— Dr. A. W. Stewart DENTIST Hours 9 am. to 6 pm. SEWARD BUILDING Office Phone 469 Office Hours—9 a.m. to 10 pm. Dr. W. A. Rystrom DENTIST Over First Nationsl Bank X-kn¥Y R AN U R R — 4 DR. RAE LILLIAN CARLSON Optumetrist Eyes Examined, Glasses Fitted Office in Ludwig Nelson’s Jewelry Store o Robert Simpson, Opt. D. Graduate Los Angeles Col. lege of Optometry and ~ Guy Smith DRUGS PUROLA REMEDIES PRESCRIPTIONS CARE- FULLY (OMPOUNDED Front Street Next Celiseum Jones-Stevens Shop LADIES—MISSES’ READY-TO-WEAR If you're out to please the man || of the family . . . let us help rou! good all best. A grand selection of food . . . vegetables and the things that men like PHONE 83 or 85 Samnitary Grocery “The Store That Pleases” — N you enjoy indeor sports— - Here’s one of the best—TRY BOWLING! BRUNSWICK BOWLING ALLEYS Rheinlander and Alt Heidelberg BEER ON TAP Seward Street Near Third —_—— i DR H. VANCE OSTEOPATH Consultation and examination free. Hours 10 to 12; 1 to 5; 7 to 9:30 by appointment. Gastineau Hotel Annex South Franklin St. Phone 177 l it A S S S TYPEWRITERS RENTED $5.00 per month J. B. Burford & Co. “Our doorstep is worn by satisfied customers” — Stratton & Beers | MUNICIPAL ENGINEERS SURVEYORS VALENTINE BLDG. Telephone 502 — e Hardwood Floors Waxing Polishing % PHONE b WARRACK | Construction Co. Juneau Phone 487 P S —— Rice & Ahlers Co. HEATING PLUMBING SHEET METAL WORK PHONE 34 FRATERNAL SOCIETIES GASTINEAU CHANNEL —_ % Fraternal Societies | of Gastineau | Channel l — % B. P. 0. E. ELKS meets every Wednesday at 8 p. m. Visiting ‘brothers welcome. WALTER P. SCOTT, Exalted Ruler. M. H. SIDES, Secretary. MOUNT JUJNEAU LODGE NO. 14 Second and fourth Monday of each montk in Scottish Rite Temple 4 beginning at 7:30 p. m. MARTIN S. JORGEN- SEN, worshipful Master; JAMES W. LEIVERS, Secretary. REBEKAHS ;| Perseverance Lodge No. 2 A meets every second and fourth Wednes. % (day, I. O. O. F. Hall. EDNA M BUTTS, Noble Grand; MILDRED CASHEN, Secretary. f Juneau Ice Cream Parlors Ice Cream, Soft Drinks, Candy COFFEE SHOP Percy Reynolds, Manager I T RELIABLE TRANSFER | Our trucks go any place any time. A tank for Diesel Oil and a tank for Crude Oil save burner trouble. PHONE 149; NIGHT 148 IR WHEN IN A HURRY CALL COLE FOR OIL! 34 plus or 27 gravity, in any amount . . . QUICK! COLE TRANSFER Phone 3441 or Night 1803 I It's Paint We Have It! IDEAL PAINT SHOP FRED W. WENDT PHONE 549 FINE Watch and Jewelry Repairing PAUL BLOEDHORN at very reasonable rates Home of Hart Schaffner and Marx Clothing Reasonable Monthly Rates E. 0. DAVIS TELEPHONE 212 ) 3 Phone 753 ! New York Life INSURANCE KEITH G. WILDES PHONES Office 601—Residence 601-2 Juneau Coffee Shop MRS. T. J. JACOBSON Home Cooked Meals Served from 6:30 am. to 8:30 p.m. Catering to Dinner Plrfl.—J B e e JUNEAU-YOUNG | Hardware Conl:my | PAINTS_OR—GI | Shelf and Heavy Hardware e e I

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