The Daily Alaska empire Newspaper, June 28, 1937, Page 4

Daily Alaska Empire | ROBERT W. BENDER - - Editor and Manager EMPIRE Juneau, nday b: i Main 8f Published every evening excep PRINTING COMPANY at Second a Alsska. Entered in the Post Office in Juneau as Second Class matter. SUBSCRIPTION RATES, | Delivered by carrier in June er month. By mail, postage paid. at t s One year, in ce, $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 Office of any failure or irregularity in the de- livery of their papers Telephores: News Office, 602; Business Office, 374 MEMBER OF ASSOCIATED PRESS. The Associated Press is exclusively entitled to the use for republication of all ncws dispatches credited to it or not otherwise credited in this paper and also the local news published herein. | ALASKA CIRCULATION GUARANTEED TO BE LARGER THAN THAT OF ANY OTHER PUBLICATION THIRD TERM GOSSIP It is almost a certainty now that the lazy days of summer are having their way with the politically minded. With one election past but a few months echoes are heard about one to come four years hence based on the usual rumor that the President may seek | another term. At this stage after election it is almost a tradition to have some one suggest that the Presi- dent, who has been re-elected, will seek a third term. Often the suggestion comes from those who have aspirations of their own. By keeping in the spotlight, the gongs start sounding as the time rolls around to look they direct attention to themselves and when for candidates there is the advantage of their names being generally known. Of course, that may not be the idea back of the rumors now being circulated that President Roose- More likely it is just the velt may seek a third term. summer heat, and the boys have to have something tc talk about. sinuation that he In view of the President’s recent clear in- would not seek another term, it would appear that the reports are more or less idle gossip. At any rate, there is still another “three long heard so much about iast summer, tc By that time the lines will be more def- And when they are drawn, it is pro- Roosevelt will not be among the years,” we think it over. initely drawn. bable that Mr, candidates. THE GOLD PROBLEM With the U. S. Treasury borrowing another $800,000,000, to be used principally in the purchase of gold, controversy has arisen anew of the probablc outcome. Fear is being expressed in some source: that currencies have been made too cheap and tha gold may have to be devalued. Alaska, being a big gold producer, watches with keen interest. Elliott V. Bell, writing in the New York Times, reports that four principal methods of solving thc gold problem have been suggested and enumerates them as follows: (1) To restore private ownership of gold, either through circulation of gold coins or the establishment of a free bullion market, there- by relieving the Treasury of part of the cost of buying gold. Most economists feel that it is already too late for such a remedy. In view of the uncertainties about the future of gold, demand for hoarding might be small, while the public has lost the habit of carrying gold coin and would be unlikely to take to it. (2) To allow the surplus gold to work its natural effects upon the economic system by raising prices and costs, so that eventually gold production would lose its present advan- tage and output would decline. Such a course, many hold, would carry with it the risks of general inflation and would be like burning the house to catch a rat. (3) To reduce the price of gold. This would be tantamount to an upward revalua- tion of the dollar and might lead to deflation. It would involye the Treasury in serious losses. A 10 percent reduction would mean a book- keeping loss of $1,200,000,000 on the nearly $12,000,000,000 gold now held by the govern- ment; a 15 percent cut would wipe out the Treasury's stabilization fund. Furthermore such a course might be wholly ineffective. If Britain refrained from bu; ing gold, as it is reasonable to suppose she would, the price of gold in London would merely fall to the equivalent of our new price; the relationship of the dollar and the pound would remain unchanged, and all the gold would continue to come here as before, with merely the saving of a 10 or 15 percent cut in price. Reduction of the gold price carries with it the dangers of serious disturbancgs to our own economy, disruption of whatever sta- bility exists among currencies, and the proba- bility that for all this nothing would be gained. (4) A world agreement to curtail gold production. In spite of the obvious diffi- culties, this course appears to many econo- mists to offer the only really promising solu- tion. It wo not meet the problem of de- hoarding, but that, at any rate, has its limits. Against the difficulties of obtaining an agree- ment to limit production from all the many gold-producing countries there may be set the factor of self-interest, which might compel agreement to avoid the danger of a lower gold price. South frica, the largest producer, s of alarm lest the in- ecad to a fall in price; and has already shown s creased production Russia, the second largest producer, has given indications lately that she has the same fear. It is, of course, possible that this problem, like the former apparent problem of a “scar- | city of gold,” may prove to be purely tempor- ary. The countries t still need gold, such as Germany, Brazil and China, may find ways of acquiring it, to the relief of thcse countries now surfeited. Other nations, like | Argentina, may absorb large amounts of gold | down of the work week. Even as it in world economic conditions of sufficient magnitude to solve the gold problem seems near at hand. TURNER LAKE Your special Turner Lake THEY'RE BITI fishing investigation committee can report faithfully, while still scratching a few mosquito bites, that the cutthroats are rising | to the fly in that spot of rugged grandeur—Turner Lake. but they have a keen appetite They are not what might be called ravenous, Without undue effort the committee was able to fill baskets with speckled beauties running from 10 o 16 inches. ome effort was directed by the fishing committey ar e B : ’ ds . Refian vl “b‘“" I Edward L. Laurie It was announced that Major|crnors as well as business heads o discover the whereabouts of that big specie of E. E. Ninnis Mitchell, &n Americas ISy M Jshould benéfit, Patliers may,expect trout, reputedly found only in Turner, but without T. J. Laversicheff [tor, had been flying over the Ger-|sons to accept advice and counsel success, that phase of the investigation being put - man lines at Verdun, making an| uynder this sway it is believed to |over until another time. The committee, however,| H*———— | inspection and reporting direet tolpe easy to make a good impression feels the matter should be followed up diligently. DA ESSON American headquarters upon cnes superi It is a prom- H“Y L SS S > lising time for see g employment The Black Gnat and the Coachman appear to be favorites with the cutthroats of that particlar lake, but any kind of a bright fly seems to do the trick The bait fishermen on the committee had equal | success, but heavy argument arose as to whether s bait caster could really qualify as a fisherman. Com- promise was finally reached with the recommendation “every man to his own racket.” At any rate, the fish are biting in Turner Lake. The Flood of Strikes (New York Times) A recent dispatch from Washington set a back- ground for the strike news which has dominated the headlines during the past week. It cited Government | figures to show that during the same month in whic! the Wagner Labor Relations Act was upheld by the Supreme Court there were more strikes in the Unite States than have occurred in any month since the| World War. Almost a third of a million workers left heir jobs, and the number of man-days of employ-| nent lost in consequence of industrial disputes was ! P® vell in exc of three million. To some extent the present trend can be explained | owever disturbing it may be, as a natural phenom- | :non of the recovery movement, A marked upturn in| business activity, occurring simultaneously with an | idvance of prices and a rise in the cost of living, 1sually accompanied by an increase of industrial con- roversy. This is because labor seeks, at such a time, sither to retain the high purchasing power of wages bile as fast at night as in the day- THE DAILY ALASKA EMPIRE, MONDAY, JUNE 28 HAPPY . : BIRTHDAY, 2() Years Ago The Empire ertends congratula-| tions and best wishes today, thélr| birthday anniversary, to the jollo- | 4 i JUNE 28, 1017 Paris was flooded with American | naval officers and blue jackets from ships that accompanied the Am- erican Expeditionary Army from the [conflict with strongly be nefit in- | United States to France. The offi- |tluences, according to astrology. It cers and men were feted, cheered|is a day for positive idcas and de- Sigrid L. Coolin . land petted by adoring crowds every- | termined activities. Mrs. Laurel McKechnie | where they went The morning hours are favorable Gordon Wahto - for those who direct others. Gov- Horoscope “ha, i From The Empire AR tars incline *| but do not compel” o & TUESDAY, JUNE 29, 137. Adverse planetary aspeets today JUNE 28 Etta Mae Kolasa Viola Converse Pearl Seeds Kenneth L. Cohen A lesson in patriotism was given|or promotion. IN ENGLISH |/ > 2 Juneau by the efforts of Eva and| Labor conditions again may be | By W. L. Gordon | | Albert Ward, two little tols of unatistactory in many parts of the Thane. When their mother explain-|country. Astrologers forecast world FUERESS .SV T 3. ed to them that to “Do your bit"| . i i < T g R E {upheavals which will be reflected Words Often Misused: Do not Sa¥, meant to help raise money for the i1 the United States. fighting for the American | Arient. Mrdnces Wil Giouse When do you mean to see Charles Gove “When do you intend to see f ot &k | i e S i adia flag. Albert and Eva got busy andlanxicty and necessary restrictions -1 S did their best “to dc elr or . . v oaid for t nemployed w Often Mispronounced: Floral. Pro- country. For ten days. they oo fm_f",:h )":b,:,’nsm:u:’ei w’i’ | nounce the o as in floor, not as ir daily from Thane up to L g ognized, astrologers declare. As national treasuries are drained or heep Creek bs mile tramp _—_— Original Chippewa Work and Dress VAN'S 228 Front Today’s News Today—Embpire. “Alaska” by Lester D our [ Don’t Be Satisfied! Unless It’s Perfect! If your home or business refrigeration isn't working 100% perfectly, if it is too noisy, or doesn't freeze properly phone New Refrigeration Servic> Department Ask for John Houk, the Refrigeration Man Often Misspelled serve the eze ventable, i times 3 |crease our vocabulary by mastering $51 made by a little boy one word each day 1 o+ | L Synonyms Word Stu and it is yours.’ Trapeze. Ob- Today’ up and back: there they picked wild tributed to the Red Cross $51- and girl, “to do their Let us in- con word: tru g 12 miles daily LOOK and LEARN By A. C. Gordon D. C. He was at the Gastineau Ho- tel. 1. Is it safe to drive received during the period of depression or to share on time? 1 rising scale in the larger earnings of business during | 1 period of greater prosperity. before, in this respect, is now ppening again. But in | ‘he present case the trend toward strikes is greatly accelerated by the influence of two additional factors, One of these is the adoption by Congress of the very act—the Wagner Labor Relations Act—which was spe- cifically intended, according to its own title, “to dim- 1ish the causes of labor dispute: Senator Wagner imself frankly expressed the opinion that labor diffi- ulties have been® increasing “not in spite of,” but| largely because of,” the enactment of the law which years his name. It is entirely natural, he asserted, hat labor should now be moved to assert its rights, nce these rights have been recognized by law. As Mr. Wagner sees it, the real responsibility for the ensuing {isturbances rests with the employers who are unwilling o0 bargain collectively, and effectively, with their em- Jloyees. Others will dispute this view. But in either ase the Wagner act, embodying the Administration »romises to labor, has unmistakably stimulated the de- nand for union recognition—and the Government’s ywn records show that more strikes are now being called n an attempt to force union recognition than for any sther purpose. The other new factor which has been introduced nto the present situation is the split in the ranks f the labor movement. Taking the field in open rivalry o the American Federation of Labor, the C.I.O. is under onstant pressure to call strikes. This pressure develops n two ways. The high command of the CI.O. is ag- ;ressively seeking new recruits, and in order to increast .ts membership rapidly has been driven into staging a eries of spectacular strikes in the mass-production in- lustries. At the same time, the whole C.1.O. has been Sut together so hastily that the high command itself acks effective control of the fringes of the movement. Hence the succession of “unauthorized” strikes which 1ave followed in the wake of C.I1.O., and such fool- 1ardly demonstrations of power as the capital of Michi- ;an witnessed last week. It remains to be seen whether the present leaders *f the C.I1.O. will be able to retain command of their >wn movement. It also remains to be seen whether the ‘industrial unionism™ sponsored by the C.I.O. will in he end prove to have greater staying qualities than the ‘craft unionism” of the AF. of L. At the moment the rend seems to run strongly in favor of the C1.O. But before concluding that the present trend is permanent it would be well to remember (hat once before, in the years from 1870 to 1890, American labor experimented vith “industrial unidénism” and that the experiment hen ended in failure. It ended in failure because this ype of unionism did not give sufficient autonomy to he various trade crafts, because internal dissensions wrose in consequence of this, and because the inelusion »f great numbers of unskilled workers in trade union ‘anks weakened the movement financially. It was this ‘xperience which led the shrewdest leader that Ameri- -an labor has had thus far, Samuel Gompers, to ins hat the future lay with the craft unions. Time itseli must show whether conditions have changed so funda- nentally as to prove Mr. Gompers a prophet withou: honor. i (Philadelphia Record) Development of air transport, vital to peace-time progress and wartime defense, is being held up by a | group of Coingressmen who are concerned about Ihc} possble loss of their free passes on airlines. This incredibly cheap attitude has been disclosed " by those fighting the sky-riding Congressmen over | the Administration bill to transfer regulation of air commerce from the Commerce Department, which has badly bungled it, to the Interstate Commerce Commis: sion—where it belongs. The bill as it stands contains an. “objectionable” provision against free passes by airlines. ! Since Congressmen already get an ample mileage allowance for their transportation to and from Wash- ington, the free air ride means they can take a 100 percent profit, running as high as $1000 a session in the case of Representatives from the Pacific Coast. And that seems to be a consideration important enough to certain statesmen (?) for them to hold up a change which the experience of the past few years shows is necessary if our air lines are to develop. Not even for the sake of the lesson it would teach, would anyone wish an air crash involving a Congres- sional passenger riding free on his pass. But a forced landing made necessary by failure of the Commerce Department’s air regulations might have a salutary effect on Congressional chiselers. There's no sense going further with this cutting s, a man needs five days of work to recover from his two days off.— Chicago News “Wallis cocktail” the Duke concocted contains two jiggers -of gin, one of ‘cointreau and enough else as a consequence of their expanding trade balances, thereby easing a problem of this country. At the monent, however, no change to make any moon look like a honey.—Philadelphia Bulletin. manners in the Py What has happened |Miles Standish” 3. Do the distre nd for any words? Who wrote “The Courtship of - ey D. Charles, former editor an automo- © Dispatch, left. for: the West- ward to take over the editorial desk of the Anchorage Times. Alyce E. Anderson, of Ninilchik, s letters S. O, S, arrived in Juneau from the West- ward and was at the 4. What is the plural for “son- pugyst Buschmann, superinten- s 1 dent of the cannery at Cape Ed- o “’“f‘f is the meaning of warqs was in Juneau with his wife Yangtze,” the river in China? and two daughters ANSWERS Grant Baldwin, business man of 1. No, as visibility is much better Juneau, left on the Princess Alice in the daytime. ange details in c ction 2. Longfellow. ith his piling contracts. 3. No. —— k P AT D ! een, city Jibrari- gt s a - s' vacation. By Roberta Q. Should a p: home, are no visitors? 50 is perfectly company the table from the left side of the A. Yes, at all tiwmes. is not courteous at home seldom is while the practices good manners in the home at ease when in public, of others. Q. Should beverages guest? the right, all other dishes at left. ' Q. What is considered to be the highest form of courtesy? | A. Beverages should A. The dinner invi considered. MODERN ETIQUETTE on practice good e Today’s News Today,—Empire. Weather: highest, 54; lowest, 48; cloudy Lee ot ¢ pepper when One who one who in the be served at be se: | i | FEMMER’S TRANSFER | PHONE 114 | | Call us for all kinds of Trans | ferring, Rock and Gravel Haul- | | ing. We also sell Cement, Coal, | l Kindling, Feed, Hay and Fresh | tation is | Dressed Poultry. D. B. Femmer | [ Guy Smith DRUGS PUROLA REMEDIES | | PRESCRIPTIONS FULLY COMPOUNDED Front Street PHONE 97--Free | Next Coliseum § | | | CHARTER THE CRUISER i VIDA f | BUSINESS OR PLEASURE § PHONE 623 Clean—Speedy—Comfortable MARINE AIRWAYS FLOAT CARE- | | Money Saved | is { Money Earned EARN AT Delivery 2 43| PHONE 36 For very prompt LIQUOR DELIVERY PIGGLY WIGGLY W The Resources Oyver Two and One-Half Million. Dollars B.M :Behrcnds Bank Juneau, Alaska COMMERCIAL and SAVINGS Hotel Zynda. Schilling |to a dangero; ~_'each week. While the summer reation and prosperit flowers. In Juneau they found al'® ngont B Unavoldable, unpre- ready sale for their flowers, and;Tultiply, astrologers point out. Thc sistible that required another six miles of {P°Nds of sympathy between Ital word three 'walking back and forth, But they 80d Germany will grow stronger level perils to peace will bring rec- to many citi- I fatinos - AGH] 5. 0. thieut n Wi, it zens of the United States, it will' propaganda is a measure to the AL emphasize economic problems of | ace of the world Col. Wildes P. Richardson, chair- 8 moment, astrologers an- 2 - - an of the Alaska Road Commis- Dounce. sion, arrived in Juneau on the Ala-i" Néw alliances of closer ties meda after a trip to Washington, 8mong nations already iriendly are to be established before the autumn when Mars, Isles, indic ising over the tes increase threugh strength of arms.. Persons whose birthdate it is have the ideas will aid c¢ men change of who Children e, intel Subjects of will em will be im: lectual profit through o; bo and indu n are ¢ this s and independent. Will Senator, Others kinson, w m S Borah, United Stati bern on this day celebrated i and writer, 1835; poet, 1836; William librarian, 1873. (Copyright, 1937) ‘Women Mony offi e NOTICE the Moose 8 pm. of Ay at to Installation GERTIE OLEEN, Recorder, British of power wgury of a year of progress in business or professional affairs. New tain men and wo- a n on this day prob- ginative and sensi- stricus. irageous es 1865. meet of D Tennis rackets restruig. Clarence adv erguson 81 Phone 3C3. GRID'S BEAUTY SALON “YOUR APPEARANCE IS OUR RESPONSIBILITY” Bldg. Shattuck PHONE 206 Phone 313 Juneau Radio Service For Your RADIO Troubles 122 Second St.—Next door tc San Francisco Bakery | ' HOTEL JUNEAU !f Formerly Hotel Zynda | CLARENCE WISE Manager Compounaed exactly as written Juneau Drug Co. "Tomonow's Styles Today” GREEN TOP CABS PHONE 678 Rice & Ahlers I PHONE 34 Company W. E. Day “u1s coupon at the boyx office of the Capitol Theatre self and a f relative to see “The Great Ziegield” Ae & paid-up subscriber of The Daily Alaska Empire Good only for current offering. Your Name May Appear Tomorrow WATCH THIS SPACE Remember!!! i your “"Daily Alaska Empire” has not been delivered By 6:00 P. M. PHONE 226 A copy will be sent you IMMED- IATELY by SPECIAL CARRIER. You are invited to present “nd receive tickets for your- I e e e e e CHEVROLET Distributors PONTIAC BUICK Cerephone 411 CONNORS MOTOR CC., Inc Juneau R WINDOW CLEANING PHONE 488 INSURANCE Allen Shattuck Established 1898 Alaska i