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NUGGET MINING AND DREDGING
MAGAZINE.
tissued Annually in October.)
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.. FIRE ALARM SIGNALS
$2.Standard Oil Co
13.Carstens Cold Storage
1$. J. J. Sesnon Co., office
15.. Headquarters Saloon
31. The Lobby
34 .Pioneers igloo
35 ..Firs Department
31.Discovery Salaon
32.. .Turkey's Cigar Store
42. . Third Ave and Lanes Way
Engine House, Phone .Alain 87 . .
7 whistles, water .. .. 3. lire out
City Official Paper
NOME, ALASKA. MARCH 30. 1915.
- * 1 ■■ '.".'LL - 1 'I - - U -I 1 ■
AMERICAN PRODIGALITY.
Reocntlv published figures concern
ing the saving tendencies of the lend
ing nations of the earth disclose a
startling confirmation of the statement
so frequently made that the Antetiear.3
are the spendthrift nation of the earth,
ucordlng to the table the American
people in general are lar behind those
of other countries in the matter of
savings, so far behind that the figures
are amazing when the industrial and
economic conditions of the several
countries are included in the compari
son. The statement, which was made
just prior to the outbreak of the pre
sent European war, shows that out of
twelve of the leading nations of the
world America ranks last in t lie
amount of saving per capita. Ten of
the Ei/ropnan nations have an average
total of 373 savings banks depositors
per rate thousand of population while
in the United States the proportion is
only ninety-nine to each one thousand.
When it is considered that the aver
age income of the people of ttie United
States, not including those who are
counted among the excessively rich, i9
far greater Ilian is that of the people
of even the wealthiest and most pros
perous of the nations of Europe this
discrepancy in the matter of savings
accounts assumes a significance rather
difficult to account for. save on the
theory that the oft-repeated allegation
of prodigality is ,to n great extent,
based on fact. It is probable that this
lack of saving instinct displayed by the
American ]>eople is not inherent but is
rather a normal result of the prosper
ous conditions prevailing in the United
States during the past twenty-five or
thirty years. It is generally conceded
that conditions of great prosperity are
not conducive to saving. When the
living is easily won il is logicul to as
sume that n tendency to prodigality
will naturally develop because of the
lack of necessity of cultivating personal
economy. Thus it would appear that
the long continued prosperous condi
tions have been the primary cause of
this failure of the American people to
provide against the future and has led
to a gradual reduction in the individual
savings until the present low average
has been reached
It has required no searching observa
tion to perceive a constant display of
the spendthrift tendency in the rank
and file of the peoples of this country.
The national carelessness in regard to
money has become so apparent as to
have become proverbial Tho useless
and extravagant waste attributed to
| the Americans has Indeed become onr
of the dominant traits of the people nnci
its workings see painfully visible
under the present stringency, due tn
the European war, which has found the
people totally unprepared to meet the
! necessity of personal economy. The
truth of the matter is that few Ameri
j cans know how to economize on
every hand is to he seen an apparently
heedless extravagance, both in per
sonal matters and in the home, and ti
I has been repeatedly pointed out l>>
economists that few of the mothers and
fathers of the land have even the most
meagre knowledge of the principles of
true economy Among the general run
of people. In matters relating to the
common affairs of life value is en
tirely secondary The desire of the
Individual will in many cases lead
him or her to expenditure* and ex
travagance* out of all proportion to
(he values received and this heedless
waste goes on year after vear. eating
up the earnings of the people and
leaving no surplus to form the founda
tion of a savings account. It is pro
bable, however, that the present
stringency Is likely to do much to
remedy tin* laxity, for it would seem
jihat one of the main results of a nut
rition such as is now prevalent would
he an increasing economy on the part
of all classes As stated. It is seldom
in post years that Americans have
j really felt the pinch of adverse con
Iditions and now that the necessity of
economy is forced upon them it is
iikelv that at least the thinking portion
■f the people will derive many valuable
lessons therefrom.
HE BOUGHT THE VALVE.
liovvii in Alabama some time ago a
man went into a store to buy a valve
He saw (he kind he wuiitevl und asked
the price. It wits Jlt>5, the dealer said.
"Good gracious," said the man. “I
lean get the same thing from the mail
; order house for tl.35."
"That’s less than it cost me " said the
I lealer. "hut I’ll sell it on the same
'terms as the mail-order house, lust the
! same.”
“All right." said the customer, "you
■an send it along and charge it to rny
i o count."
Not on your life.” the dealer re
•ilted "No charge accounts You
■ m't do business with tlie mail-order
louse that way Fork over the cash."
The customer complied
"Now. two cents postage and five
uts for a money-order"
"What—”
"Now. wo cents postage and five
'■nls for money-order. To a mail-order
house, you know.”
The customer, inwardly raving, kept
to his agreement and paid the seven
cents
“Now, twenty-rtve cents expressitge."
"Well, I’ll he —-," lie said, but paid
it. saying: "Now. hand me that valve
and I'll take it home myself and lie rid
of this foolery.”
"Hand it to you ‘ Where do you tliitdi
you are? You’re in Alabama and I'm
in Chicago, and you'll have to wait two
weeks for that valve."
Whereupon the dealer placed the
valve on a shelf and put the money in
his cash-drawer.
"That makes A1. H T.” lie said. "It
has cost you two v ents more and taken
you two weeks longer to get it than
it* yon had paid mv price in the first
place.”
100 TONS OF FLOUR
Bread only 60. North Pol# Bakary
and Anvil Bakery.
ALASKA
NOTES
«
o- (From wur Exchanges.)
In Alaska there are 275 fish traps,
about 65 per cent, of which are In the
Southeastern part of the territory.
The Sk.igway launch, Supberli, with
• death roll of thirteen, has gone to her
last resting place in the bottom of
Lynn canal.
The steam freighter Delhi, which was
wrecked recently in Sumner strait, was
insured for two thirds of her value. It
is believed the steamer can lie saved.
She was vaiued at $250,000.
The capacity if the Pacific Const
(Ivpsuni company, at Gyjsuln. Alaska,
is to he greatly enlarged A bare vie -
i.lining 100.000 feet of lumber vv s re
cently brought in the mine fo rn Puget
Sound.
_
Recent telegraphic messages from
Washington state that the government
is soon to install live powerful radio
stations in different parts of tlie coun
try. it is believed that one of the
stations will he erected on the Alaska
oast.
The «in111iit .f the Idiiarod district
for the past year amounted to $42.
058,390.40, and is but litile greater than
1913 The closing down of the big
dredges at an early date caused tlie
output tu fall short of earlier estimates
of the camp's output. ^
Andred Johnson, Peter Carlson, M.
L. Uergniann and owners of the Sum
dam Placer Mining Association claims,
have completed the negotiations and
signed up an option for the sale of said
property to Messrs Ernest Warren,
Johnson. Thane and others.
The Alaska Silver Fox and Fur
Farms Company tiled articles of in
corporation with Secretary Davidson.
This is a Delaware corporation with
ils home office in Wilmington. The
1 upital stock is placed at $500.(100. F.
S Gordon, of Fairbanks, is named us
Alaska agent.
Fairbanks papers claim *tWai tho
Iditarod mail service from Seward to
the interior camp has proved a dismal
failure. No mail was received in Idit
nrod botvveer October 4 and November
25. other lower Yukon river points
are reported to have suffered to an
even greater extent.
A new transportation corporation
will operate in the Cook Inlet section
next spring. They are having built in
Seattle a light draught stern wheel
boat, 70 feet in length, costing $30,000.
They have also purchased the hargo
Sperm, and in addition own the stern
wheel vessel Jane and the power boats
Alaska Traveler and Aurora. Front
Knik the vessels will run to all points
on the susitna and Knik rivers and
Turnagain Arm.
The Juneau land office has rejected
the application for patent for tfio acres
of coal land In the Bering river dis
trict, known as the Ruthbone group.
Rdtlibone is reported to have sold the
r.wL-tmi 1- . . ■ jb-js-w g
i claims to a resident of Manila, P. I.,
who "ill sustain the loss by the action
of the government.
lames Fairborn, of Fairbanks, is evi
dently one of the best single-handed
talkers in Alaska, having recently
talked the Fairbanks city council Into
reducing his assessment from $40,0001
to $30,000. He talked until the mem
bers of the council made the reduction I
rather than stay nil night.
I Kd Woh-ott, of Fairbanks, who was
enjoying a vacation in California, has
I returned home, hav ing been appointed
, mrt stenographer ivy Judge Itunnell
Wolcott Is an exceptionally capable
stenographer and one of the best ac
countants in Alaska.
Ueectit developments have led to the
belief that the tire which destroyed the
warehouses and wharf at Skagway
was the work of an incendiary. \n at
tempt was recently made to burn the
depot in which the general offices of
the company are located. Oil-soaked [
rags had been placed within the build
ing and ignited The fire was dis
covered at midnight and was extin
guished before much damage was done
Kind Norman, a Swede fisherman,
was marooned for two months on Duke
Island, Southeastern Alaska, by tile
breaking down of his gasoline engine
lie lived on clams and (Ish and was in
a had condition when taken off by a
passing boat, lie was taken to Ketchi
kan. where tils mental condition was
inquired into ami physicians express
the belief that lie will fully recover
w ith rest and proper food.
NEW DANCING SCHOOL
Minors Home Ciud Danoing School
[Tuesday and Friday evening at 8 p. m
Tangos, Hesitations, as well as all the
older dances. Mrs. Oliver and Mrs
Peterson, teachers.
For fresh peanut candies, salted
peanuts and salted almons go to the
Pose Candy Store.
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' • ^VVWWVVWWVVVWVVWVV-^
!; TARIFF DID IT.
S Imported Goods. Domestic Prices i>
.lust received a large line of
/ l. X I.. pocket kniv es from < >
j j > Schettield. England. < |
;S Fresh stock Peters ammunition
! < J Also something new in 2£ rifles S
!| DARLING & DEAN ij
| COMPANY j
| A^AAAAA^AV'AAAAAAAAA^A^^
-- ■■ ..
3* For Ch ice Beef, Mutton, Pork, <[
3> Veal, Reindeer and Poultry, also ,1
<3 Black Cod, Halibut and Salmon
<3 go to the j,
INDEPENDENT I
MEAT MARKET jj
<[ W. H. WEBB Prop. j!
j < J Telephone Main 15. <3
■waesj'a . i_ .
r~
Polet’s Panama International
Exposition Contest News
Select your candidate or present yeur own name not later than « p. m. Wednesday evening in order
to get the benefit o£ the 1000 free votes.
t ommencing with the morning of April 1st every purchase or every hill paid in will he entitled to vote
as many votes as are cents paid in.
In addition we will offer special price inducements. Sales will omntPnce on the first of each week and
end at tin* last of the week. All prices are just for that week only
This Week Specials are on Fish
AS THIS IS THE LAST WEEK IN LENT. LAY IN A SUPPLY NOW WHILE YOU CAN SAVE CON
SIDERABLY.
ipolets
[ WHOLES QROCKKS
KOR IMPORTED DELICACIES. |i
{ W. J. ROWE j
I TRANSFER ANO FREIGHTING ?
; : i
Dealer in all kinds of Lumber
1 Mav and Grain
' %
» Horses For Sale
«■ 4
♦ Board of Trade *
A ' ' ‘ " A
J - A
+ A Resort for Gentlemen X
A ^ha jLaryst t^ittiai*^ arirt Poet Room in Cltaska A
| KIJSS DOW NINO, I KOI j
HstablishoJ June I mod
fltoto Biiokinf dim
Sale Deposit (ompdny
Paid-Up Cdpitaj $125,000
A Q.nar.l Banking Buatnaa. Tr» a
aota*
Miners k Merchants
Bank ot Alaska
NOME. Al ASKA
Capital - - $100,000
<>l(! 1 hisi i im liiiMM)
i»t«l \ .■*•>.1 V«*ll
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