The Daily Alaska empire Newspaper, July 9, 1942, Page 4

Fiture Of Finance (NeWw York Times) | It is a notable fact that in the midst of war, Second and Maln Streets, Juneau, Alaska. | when Government § intervening more and more in HELEN TROY MONSEN - - - i President ‘(ux economic life, there is a growing confidence in vy e - Vice-President and Business Manaer | ;0 fyture of private enterprise in this country. The Entered in the Post 'Ollkc #‘rf&'fi“&'fi’zf’“" Class Matter. | truly extraordinary job that industry has done in Dellvered by carrier o Juncau and Dousias for $1.30 per month, | WAT production, the exemiplay fashion in which fi- stage paid, at the following rat | nance has subordinatetl itself to the requirements of . $15.00; six months, in advance, $7.50; h, in advance, $1.25. m’\lhe national effort and ihe obvious need for genuing ribers will confer a favor if they will promptly not o " iness e ttice of ahy failure or Wrbsularity in the “v\u)opm'\mn between Government and bus have Hvery of their papers. all combined to sweep away some of the doubts which, Telephones: News Offlce, 803; Biisineat Offlce, 314, leven a few months ago, led pessimists to declare that the falling stock market was “discounting the end of MEMBER OF ASSOCIATED PRESS The Assoclated Press 15 exclusively entftled to the use for | .1 italism.” This changing viewpoint was well illustrated in republication of all news dispatehes credited to it or not other- wise credited in this paper and also the local news published e VR e 1 W __ |the exchange of views hetween representatives of the | ALASKA CIRCULATION GUARANTEED TO BE LARGER stock exchanges afid of the Securities and Exchange { Gl Wi "K?fm P“”c‘“o"'_ Commission which took place in Philadelphia at the | ESENTATIVES — Alaska Newspapers, 1011 | quarterly meeting of the governors of the Association i Ko of Stock Exchange Firms. Emil Schram, president of the New York Stock Exchange, predicting an “inevit- able revival of our private capital markets,” bespoke a continuation of fair-minded and friendly coopera- tion between the financiui community and SEC. Gan- Purcell, chairman of SEC, responded in like Daily Alaska Em pir;c Published every evening except Sunday by the EMPIRE PRINTING COMPANY son spirit by proposing that the Commission and the | stock exchanges institute a | oration for maintaining a sound national economy during and after the war. | Mr. Purcell’s speech was in refreshing contrast to | the peevish utteyances of some of his predecessors. In it he recognized a “joint responsibility” of Gov- | ernment and finance. Putting aside the narrow view | of SEC as a mere policeman of the markets, he as- | serted that Government has its “obligations to the ——— | welfare of private commerce and industry.” All this | evokes the hope that Government regulation of the | financial markets has finally come of age. Undoubt- A revised copy of the press censorship code has edly there is greater wisdom today on the side both | of SEC and of the financial community than could been issued to newspapers by the Office of Censor- | ship and is to be tucked awi AlAiER new- | | be hoped for a few years ago. The whole tone of the Philadelphia meeting suggests that. This is a We believe that the Offfce of | pioo encouraging prosvect. Censorship has done a fine job in setting up rules to ing of the security markets is essential to the flow follow, but obvious usclessness of such a code When of capital upon which economic progress depends. the military make its own rules on the matter is ap- | Friendly collaboration between SEC and the stock parent exchanges to that end can be of incalculable value One of the new restrictions of the revised regu-|in assuring the future of private finance. lations forbids the “premature disclosure of diplo-| matic negotiations or conversations.” We are in favor | of this rule only when to disclose such negotiations is to give vital information to the enemy. But we expect that this regulation will be abused REVISED CENSOR CODE as far as papers are concerned Smart Work! (Bremerton News-Searchlight) Here is another forward step of naval efficiency Weather regulations in the new rules also are In its application of humanitarian effort: Delivery relaxed to permit publication of weather news for, Of blood plasma by Navy plane within slightly more an entire and for 150 miles in any direction| |than an hour after it was requested for the relief of Shamn s ity of Diblication regardises'of shate Lnea-fon PuIvivars CILE FEMELL g 1 e Weshitig}. It also permits publication of the effect of weather | 100 coast at Port p;]ngeslcs.r;s x{ral.sed by Rear Admiral s o or fwotis. siena Ehen WRd 1 dp’\“.mv}ghhsteei‘!rl(\‘fl;:?al District Bv."I.‘h':‘ cooperation of the condition of the grouns, or as a reason for postpon-| American Red Cross and the Seattle City Police De- | partgient with the Navy the commandant stated, ! “in carrying a requested consignment of blood plasma state ing scheduled events. Thus reference could be made “muddy field,” “wet grounds,” or “game called because of weather.” Previously games were just “called.” Of course the Japs aren’t smart enough to figure out that the game was called because of rain to | { | sinking of a merchant vessel off the | coast, was a splendid example of what can be ex- pected in the event of future emergencies on this | coast. The fact that, in the end, no plasma was re- { quired by the medical authorities does not in the least detract from the cooperative achiévement of the var- jous interested agencies. This is a proof that donors | of blood to the plasma banks throughout the nation have not given in vain.” The request received from Port Angeles by the Red Cross clinic in Seattle was filled at once from plasma supplies located here by Stibjects taboo to the Australian censors are plen- | the National Red Cross. Containers were carried tiful, Mention of political wrangles, quite @ bit of |8¢ross. the city to the Sanid Point Naval Al Babio whisn his ‘B&R' shin on there, are not pabmitie.|br ofticers of the FEBIUS ol D LA Aen HHEED Similarly, stories about an Australia First movement, | aboard a waiting Navy plane, Which completed thel gnment to Port Angeles. patthirid after the unwise America Mirstéis in this | 7RG assignm 8 country, never saw the light of print Betty Grable receives 1,000 requests a week, most References to strikes or other labor problems "Hor them from soldiers, for pictures of her, indicating | any subject relating to the nation’s administration |pat the Japs aren't the only ones who go in for face were blue penciled by the censors and reporters had | saving. It just happens that our soldiers have better to take official handouts or nothing faste. ‘\RL."T \l ONE WE The U. 8. correspondents tralin report that they Aussie forbidden to send out anything pertaining te the internal conditions of the down un- der continent | returning from Aus- | are having a tough time with censors, are The Japs have landed on the Rat Islands in the When the Royal Air Force paid that recent visit Aleutians group. Well, they must have felt right at to Cologne we suppose that Hermann Goering had | home. to stop and count to 1,250 before losing his temper. Washinalon Merry- Go-Round (Continued from Page Oue) | reoreanization of WPB has run in- to White ouse trouble. The President does not like Nel- son’s plan, under which major phases of the civilian war produc- | tion oreanization would be turned | over to the control of Army brass- | hats. 3 . Y | The cope with increasingly serious labor | coons shortages. Secretary of Labor Perk-| oy pangs on key WPB divisions (o X ¢ Nelsun has straight-armed these en- These committees shouldn’t be : trusted with too much confidential GoACHOIBig SRS - S Sy phan b {4 s 4 i | backed him up 100 percent. But information,” she cautioned, “be- 3 Sase 58 S Bibn Rre BBL to bé under the very hush-hush reorgani- indischebt > zation plau Nelson has sumlttw to Tn= 3ecielary of Labor continued the Whits Hbike, e (Fea 19 s véln For sbma time. Fin: il 14k MHAYG0.8 Jlvgr platter a larce chunk of his administrative e member of the Board in- terrupted poRE &) ez Uhalrman . e siorled, “from | L 0sdiE, 10 MEE JONORR AR 16 my long ('qwru“m'(- n pllbilf af- Ne]sf)n., higme: . The Bll—impofll'_lflt Galts, T Tiave found that It s much | SETAHPY, Ao PursbAss. Birision saf to trust an indiscreet man gh WEB: 1o be: irageiarert i sifie than an judiscreet woman.” |Army. I return, the Army-Navy ravegu: countries for similar rec- 2 s 8 Mun:iirns Board, a secondary agen- | ognition . Unitéd Mine Work- cy which handles priorifles relating | er insid CAPITAL CHAFF | to munitions, would become a WPB | s planning to raise the salaty ofj »1 how he liked his new job|bureau The predent head of me‘m.s ugtithter Kathryn from '$7,500 as pux,.l’ relations counsel to the | Boara, Ferdinand Eberstadt, ‘would |to $8.200 e vear. Miss Lewis has Secictary of War, Herbert Bayard|be named Deputy Chairman of been cn the UMW payroll many Swope, ex-cditor of The New York WPB—thai is, second man to Nex-,years as her father’s most trusted Worid, replied: “I'm trying to an-|son | lieutenzant. She now operates as noy as few people as possible.” Eberstadt is a former Wall Street | his whip-cracker in District 50, Senator Iilbo of Mississippi came bank into a friend’s office, found him|furthe: increase $l-a-year man rule | revolt reading a scathing newspaper at-| 'm Wi‘B, despite the caustic de- | rule. tack acaipst him (Bilbo). The Sen- | ; nunciatior. of such rule by the Tru- | ator picked it up, perused it care-|man col ittee. fully, iinolly remarked: “That fel- Insive word low certainly can write.” is very The Burchfield Hardware Company | plan, The Yukon Consolidated Gold of Bearmcnt, Tex., patriotically sent | give too much authority to the|Corporation, Timited, will probably Secretary Ickes a brand new cor- | military over matters he feels should | cease operations in the Yukon at| rugated rubber mat weighing 200{be kept in the hands of cw\lianlme end of the p:‘esem season and pounds ac its donation to the rub- |admiuistrutors. He is credited with|for the duration of the ‘war. Se-! ber cempaign, . . . From now on | the view that production is a ei\'-‘\ere labor shortage and impossibil- Ickes won't have to “steal” rubber|ilian responsibility and should not|ity of obtaining supplies and ma- mats f;om the White House .{be turned over to military manage- | chinery because of lack of priorities At tie last Alfalfa Club Dinner,| ment. | has brought about the closing de- Eugene Mayer, publisher of the This alse is the opinion of some ! cision. Washisgton Post, was accosted by of Neicon's chief assistants, who| Jess: Jones. When he received an- | privatety arc sore at his latest tac-| SHORTAGE IN DAWSON other Alfalfa Club invitation re-|/ties. One objector is reported to| Due to the lack of steamers ply- cently, Meyer inquired: “Shall T/#e William Batt, hard-hitting head‘ing the Yukon, Dawson reports a bring swords or pistols?” {of ti:e Requirements Committee,|shortage of eggs and oranges, both MOKE WPB TROUBLE | who long has wanted to houseclean articles dear to the heart of the Doncld Nelson'’s long overdue WPB of its $l-a-year deadwood. Yukoners. Batt, Nelson has offered him the vice ciairmanship of WPB. Just| how this title would rank with the propos-d deputy chairmanship for Eberstadt is not clear. Mecnwhile, the President is hold- ing up Nelson’s Scheme and has called m Dr. pert on to look into the miatter and make a repurt, power-hungry military ty- have been wanting to get MERRY-GO-ROUND Postmas.er General Frank Walk- er drew a lot of applause when he issued a special 5-cent “Chinese Resistance” stamp, commemorating the heroic anti-Jap resistance of the Crinese. alize that in doing piling up a lot of headaches for himseli. Since the issuance of the Chinese siamp, he has béen deluged with demands f{romi other AXis- against iron-fisted Lewis (Lupyright, 1942, by United Feature Syndicate, Inc.) —— TO CEASE ‘OPERATIONS is that critical | | the - Presi- | of Nelsons“ on the ground that it would | — e program of active collab- | The healthy function- | commandant of the| | to assist in treating in‘ured men who survived the, Washington | | Apprrently in an effort to mollify | Luther Gulick, an ex-! gouvernment reorganization, | But Walker didn't re-| this he was, say that Johih L. Lewis| aud his elevation would still | which 1s in the throes of a violent | 20 YEARS AGO [ supine JULY 9, 1922 Secretary of Interior A. B. Fall still had plans to come to Alaska during the summer months, according to word recelved by Gov. Scott C. Bone. Nothing defipite regardihg the time of his trip was learned other thah original plans were altered #nd the trlp was to be a short one. HAPPY BIRTHDAY JULY § Robert E. Coughlin Michael Grummett william Walthers Mrs. T. R. Wilson Tom Powers Laina Aalto Addie Sawyer William R. Mulvihill Margaret Jewell W. L. Tonee Walter Jewell R. F. Standley Mrs. Effie Thompsen HOROSCOPE “The stars incline but do not compel” Mrs. J. K. Campbell was to leave Juneau the followitg day for Vancouver on her way to her old home; Toronto, Canada, which she had not visited since she had left it as a bride. She was to be joined in Vancouver by a school day friend who had Ileft Toronto at the same time, and who had also visited the Campbells in Junedu. ! —_— Eighteen hundred dollars had been raised for the benefit of the cight orphaned Jellich children who were to be ‘sent to the family home in Dubornik, Jugoslavia, according to Mayor R. E. Robertson. Plans for sending the children to their relatives were completed ahd {they were to sail from New York on the liner Argentina. Mayor \Rober!son had been advised that railway and steamship companies ‘wun]d give special attention to the children and speclal rates had been obtained. R. H. Becker, contributor of the “Woods and Waters” column, Chicago Tribune, arrived in Juneau accompanied by Mrs. Becker. They planned to make a trip to the Westward as far as Seward and then to ithe White River country to hunt big game and gather material for features for his column. FRIDAY, JULY 10 After the early morning hours {benefic aspects rule today. War news will change from bad to good .before sundown. This is a ecrucial periov that may cause great anxiety in the United States. i | HEART AND HOME: Women jare urder a fortunate direction ot the stars today whi¢h is most prom- ising for their constructive work. It 15 lucky for those who entertain Walter B. Heisel, of the local Field Service Headquarters, General ! Land Office, was to leave on the Ventura for a five-day trip on official business. He was to investigate homesteads and Indian allotments, touching at Icy Straits points and Hoonah. The first crop of strawberries at Shelter Island was ripe and being |lhc public as actresses or ingers. | picked, according to V. A. Paine, who, with Mrs. Paine and their guests, There a sign that seems to in- | Mr. and Mrs. George Booth, had returned the previous evening from a | dicate much interest in occult in-|trip to Lynn Canal. vestizaddoLs. Girls who desire to| peer it the future will find little | | reward in psychic experimentation | because the period of traffic in un-! |wcu forces has given way to serious | | scientific study | BUSINESS AFFAIRS: The Iul]‘ | Moon of next week indicates unity | between (he British and American | forces, Iuncreased initiative by tlw‘ demociacies seems to presage suc- | jcess for the United Nations. Of-| fenslv>s on an immense scale will | |have un etfect upon business that In a splendid test of the financial | resources of the United States. Sales \ Say of war bends will greatly increase. | ist.” | Bankers aad financiers will aid the Goveriomelit ATIONAL ISSUES: Dr. G. C. Freeburger left on the Spokane for a vacation trip to Portland and Puget Sound cities on which he planned to be away for about three weeks. Weather was rainy with a maximum temperature of 68 and a mini- mum of 62. Dally Lessons in English % WORDS OFTEN MISUSED: Do not say, “Mary is some pianist.” “Mary is a GOOD (TALENTED, or an ACCOMPLISHED) pian- . L. GORDON OFTEN MISPRONOUNCED: New Orleans. Pronounce second word { or-le-anz, O as in OR, E as in ME, A as in AN unstressed, and accent Fires and | first syllable, not or-leenz, with accent on last syllable. accideuts that seem to reveal sabo- OFTEN MISSPELLED: Lacquer; observe the CQU. tage will alarm many coast dwell-| SYNONYMS: Vision, dream, trance, reverie, fancy, ers, enst and west. More ‘mnge'“rlucmatlon feguarding against machination of | WORD STUDY: “Use a word three times and it is yours.” Let us European aliens will be advocated j;crease our vocabulary by mastering one word each day. Today's word: by certain legislators. AStroloers ,y; ypEMENT; that which tempts, entices, or attracts. “She has all [om st an act of serious results|. ... ements of a coquette.” MODERN ETIQUETTE ® goggrra LEE to eremics within the nation. The | seers emphasize the cunning and| resourcefuliiess of Axis agents who will muitiply this month. | | INTERNATIONAL AFFPAIRS: |Ccanads and South Africa are un-: | der aspects that are most promisuig | Q. When a hostess knows that her guest is very strict about at- |for the futuré when they will em- | tending church, should she arrange her schedule so that the guest has |erge from war, strengthened and in- llhis opportunity? A. Yes; the hostess should suggest it. Q. Is it permissible to use the phone to accept an invitation? A. Not unless the invitation is extended over the telephone. Q. Is it proper when eating to stack two or three dishes, in order . depeicent. It is prophesied that | -the Biitiso people will tufn to Can- to make more room on the table? A. No; one should not do this. fantasy, hal- lada with*an access of faith in its| | future. There is a sign read as | | presaging unprecedented growth due to the migration of many thousands | from the British Isles. The domin- | jons o the present are to be free in thc future, if the stars are right- Iy read. Persons who$e birthdate it Is| have the augury of a year of many | joys, despite war conditions. Love | affairs and domestic devotion are indicaled Chiidrev born on this day prob- ably will be fortunate in their car- - S leers lor tirey are likely to be g\fwdj What is irn'trlclde? land ambitious. These Cancer nat- | ANBWERS: ives nave strong personalities and Amella Earhart. ther know how to gain what they | é;‘:n“fi seven pounds. 2. desirs. b | 4 Thebat. ! . Act of orie who kills his own brother. | B e e Who was the first woman to fly across an ocean alone? How much does the blood in the average human body weigh? Of what country was Cathay the ancient name? What is the only true mammal that can fly? (Copyright, 1942) Navy Secrefary Knox Staris Something; Has | Starfling Own Policy (Continued from Page One) o/ T[] 'ACROSS 81. Long stick L miamlnnlni 32. fl;vm‘ little '.‘Ancllbrlll (!ru)}'l $8. Pronoun speak- sl fhonk- 1. Pine impertinence: (0. G 'n % alectic inbo: . Always %lnl on_which 44. bira 43. Large isanen ® Laurle * Eb 41. Pe dlould-. Ao nmct ERISERIEE > oS =l |c) léss than three times what it had two years ago) and estimates are in the next fiscal year—more than that it will take on 500,000 more 40,000 a month. A two and a half months’ freeze, duplicating the | Navy'’s experiment, would elimin- ate' more than 100,000 salaries, at the same time probably raise effi- ciency and cut red tape. Will the other wartime agencies follow suit? They will unless the |public is blind and dumb — ahd {there’s hardly an observer on the | Washington scene these days “who ]won't say outright that the public never was more wide awake. CORRECTION! Because the OPA has released |eitrbis fruit juices from price regula- luons dnd because wholesale prices have gone up accordingly, Orchard ‘Galden grapefruit juice, as adver- Itised by the 20th Cefitury Groee {in Wednesday’s Empire shouid hi 79-cents for three 46-oufice tins, instead of 69-cents. Pete Clements, 20th Century proprietor made the correction in |his ad and The Empire made the {error in making the correction. Left out of the ad, through the error, |was “Standby Fruit Cocktail, but- fet size, each 10-cents.” ——o———— BUY DEFENSE BONDS CREEm - o] w1 < i3 SENEERID m| [~ o= [o[%] § llt: !_:unn titla efec Solution OF Yesterdy's Put'zio . Color unlll!'x’ 6. thlcn qn Mix circuial IS. Cook !nll "y n 24, el collga. 26. é‘i'lx‘d Minute nrme. 30. T¢ ? in Penn- g; Small e i nowu 1. City fi Ohlo 2. First man 8. Very important 4. Carpenter’s tool 5. T 6. American lake 1. Bnanu glove e “aREE dud S e TP L e @’ 1" - 5' AriiEis ot bellér En?:um -umo& W 1] 7 /////// wld AN rocee: Increllod in side 41. Stair 44k Bivats rorm / Violently THURSDAY Professional DIRECTORY Fraternal Sociates Drs. Kaser and Freeburger DENTISTS Blomgren Building Phone 56 Dr. A. W. Stewart DENTIST 20TH CENTURY BUILDING Office Phone 469 Dr. John H. Geyer DENTIST Room §—Valentine Bldg. _ PHONE 762 Hours; 9 am. to 6 p.m. ROBERT SIMPSON, OPT. D. Graduate Los Angeles College nf Optometry and Opthalmology Glasses Fitted Lenses Ground The Charles W. Carter Mortuary Fourth and Franklin Sts. PHONE 136 First Aid Headquarters for Abused Hair Parker Herbex Treatments Will Correct Hair Problems Sigrid’s Jones-Stevens Shop LADIES’—MISSES’ READY-TO-WEAR Seward Street Near Third JAMES C. COOPER C.P.A. Business Counselor L. C. Smith and Corona TYPEWRITERS Sold and Serviced by J. B. Burford & Co. “Our Doorstep Is Worn by Satisfled Customers” DR. H. VANCE OSTEOPATH " Consultation and examination free. Hours 10 to 12; 1 to 5; 7 to 8:00 by appointment. Gastineau Hotel Annex South Franklin St. Phone 177 “Say It With Flowers” but “SAY IT WITH OURS!” Juneau Florists Phone 311 Rice & Ahlers Co. Plumbing—Oil Burners Heating Phone 34 Sheet Metal n” Guy Smith-Drugs” (c-reful Prescriptionists) NYAL Family Rentedies HORLUCK'S DANISH ICE CREAM T JUNEAU - YOUNG | Hardware Company PAINTS—OIL—GLASS Shelf and Heavy Hardware Guns and Ammunition I For Victory Buy U. S.DEFENSE BONDS STAMPS COOPER BUILDING eau Channel 3 MOUNT JUNEAU LODGE NO. 147 SECOND and FOURTH Monday of each month in Scottish Rite Temple beginning at 7:30 p. m. R. W. COWLING, Wor- shipful Master; JAMES Wi LEIV- , Secretary. B.P. 0. ELKS Meets every 2nd and 4th Wednes- days at 8 P. M. Visiting Brothers welcome. ARTHUR ADAMS, Exalted Ruler; M. H. SID! Secretary. PIGGLY WIGGLY For BETTER Groceries Phone 16—34 ""The Rexall Store” Your Reliable Pharmacists BUTLER-MAURO DRUG CO. TIDE CALENDARS FREE | Harry Race, Druggist gy gk SABIN’S Front St—Triangle Bldg. You'll Find Food Finer and Service More Complete at THE BARANOF COFEFE SHOP FINE Watch and Jewelry Repairing at very reasonable rates Paul Bloedhorn S. FRANKLIN STREET RCA Victor Radios and RECORDS Juneau Melody House Next to Truesdell Gun Shsp Second Street Phone 65 INSURANCE Shailu;figency CALIFORNIA | Grocery and Meat Market 478—PHONES—371 High Quality Foods at Moderate Prices super WHITE eower TRUCKS and BUSSES NASH CARS Christensen Bros. Garage m WEST 12TH STREET “HORLUCK’S DANISH” Ice Cream Flavors Peppermint Candy, Fudge Ripple, Rum Royal, Cocoanut Grove, Lemon Custard, Black Cherry, Caramel Pecan, Black Walnut, Raspberry Ripple, New York, Rock Road, Chocolate, Strawber- ry and Vanilla— |at the GUY SMITH DRUG H. S. GRAVES “The Clothing Man” HOME OF HART SCHAFFNER & MARX CLOTHING ZORIC SYSTEM CLEANING Phone 15 Alaska Laundry 1891<Half 2 Centary of Banking—1941 The B.M.Behrends Bank Oldest Bank in Alaska SAVINGS