Valdez Daily Prospector
PUBLISHED BY THE
Prospector Publishing Co.
TERMS.
Daily Prospector.
By carrier, per month.a1,0®
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The Weekly Miner.
By carrier, per month.» .40
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The Dally Prospector and Weekly Miner
hy carrier to one address, per
month .11-85
The Dally Prospector and Weekly Min
er by mall to one address only, per
year .*1*®®
Business Office and Editorial Rooms,
’Phone 158.
Advertising: Rates on Application.
MONDAY, AUGUST 17, 1914.
EFFECT OF THE WAR.
The immediate effect of the open
ing of the great struggle with Europe
has been the dumping ©f vast
amounts of securities on our markets
and the stoppage of a considerable
share of our commerce with the
world, through the withdrawals of
the foreign ships from our carrying
trade. The ultimate effect is certain
to be the placing of the United tSates
in the first place in the world in
wealth, in industries and commerce.
me war wmi-u is stalling is ue
stroying enormous amounts of cap
ital. Whether it be short or long,
it will take Europe a great length
of time to recover and get industries
and commerce back on the old ba
sis. During that time all European
capital which may develop will be
needed and can be profitably employ
ed at home. The United States can
expect none of it, and will hereafter
do the financing of its own projects.
This country will suffer a tempo
rary loss of trade to some countries
in Europe, those whose ports may
be blocked and ships driven off the
seas. Its trade w'ith those which are
able to keep their ports ope'n and
ships afloat will expand. These are
results which will add to the wealth
of the United States: Americans will
not spend $300,000,000 abroad. Those
now abroad will return as speedily
as possible. By investments in ships
to do our own carrying trade, the
country may save a large share of
$200,000,000 now paid annually to for
eigners to do our carrying. The evil
effects of the new* tariff law will be
promptly dissipated, because foreign
goods will no longer be dumped up
on us, and the trade balance in our
favor will thus be restored. With
our securities formerly held abroad,
returned here and sold at low prices,
to our own citizens, the dividends and
interest on those securities will be
kept at home instead of going abroad.
Finally, we will be called upon to sup
ply the markets of South America
with goods heretofore imported by
them from Europe. Up to this time,
for example, Germany has sold to
South America more goods each year
than we have sold to Germany. If
we lose German trade, while the war
lasts, we have a chance to make
good by capturing the South Ameri
can trade as soon as we can get the
ships to handle it.—Ex.
WHAT U. S. WILL GAIN.
A general European war would be
commercially suicidal for Germany
and England. The direct cost would
be vast, but the loss in trade credits
would be even greater. The Panama
canal will soon be open. The United
'States is about to begin an aggressive
campaign for the trade of the west
coast of South America, which Eng
land and Germany have heretofore
practically dominated, and by trans
shipments at Valparaiso our merch
ants will be able to reach with bet
ter advantage into the Argentine mar
ket. The dominance which the Unit
ed States might readily acquire while
the energies of her two principal com
petitors were being exhausted in
strife might easily become over
whelming.
To Argentine alone Germany and
the United Kingdom now export about
$175,000,000 in merchandise annually;
,to Chile about $70,000,000; to Peru,
about $11,000,000; to Ecuador, about
$4,000,000; to Bolivia, about $9,000,
000. British exports to Bolivia were
double in 1910 what they were in
1909, which gives some idea of how
the South American trade has been
increasing under the stimulus of the
approaching completion of the Pan
ama canal.
Germany’s total exports of merch
andise in 1911 amounted $1,827,895,
833, and the United Kingdom’s to
$2,784,392,160. The exports of the
United States the same year were
$2,204,322,409. The British navy might
keep open the empire’s arteries of
commerce, but the handicap of war
would quickly advance the United
States to first place in the world’s
trade.
Aside from the unloading of Ameri
can securities now held abroad, which
would induce a low market, unless
a blockade of the Mediterranean and
North Europe ports were made ef
fective by the French and English
fleets, American foodstuffs would rap
idly advance in value. Indeed, tem
porarily, at least, the outpouring of
money on European battlefields would
increase the cost of living all over
the world, but the United States, be
ing a larger seller than buyer, would
benefit instead of lose.—Philaedlphia
Public Ledger.
FRENCH TRIALS AND THEATRI
CALS.
Mme. Caillaux has been acquitted
by a French jury on the charge of
having murdered Gaston Calmette,
editor of Figaro. The facts of the
murder were not disputed but the
trial, which partook of all the fea
tures of the stage performance of a
lurid melodrama, could not have had
the proper dramatic climax without
the acquittal of the somewhat blood
stained heroine, and so the jury, out
of respect for the dramatic verities,
brought in a verdict of not guilty and
the heroine was carried fainting from
the court room while the lawyers and
chief witnesses exchanged cards prep
aratory to the series of duels that
have grown out of the court proceed
ings. 1
Americans can not understand the
French court methods. We cannot
imagine a witness haranguing the
jury, a juror challenging an attorney
or the judge promises to perforate a
learned advocate as soon as the ver
dict is returned. Yet such incidents
marked the trial of Mme. Caillaux.
In a trial in a French court the pris
oner and the witnesses are not cut
short by heartless rules of evidence,
by requests to confine themselves to
things wholly within their own
knowledge. They say pretty much any
thing that comes into their heads, and
with such appeals to “Heaven” and
the “Deity” and with such fine stage
effect as excite their audiences to the
highest pitch of admiration or furious
hate. No wonder Sardou and other
French playwrights thrill one so.
They had living models to work from.
They had only to transcribe sympa
thetically what they had often wit
nessed. Imagine French courts con
ducted under English methods of pro
cedure, and you imagine the impos
sible, you imagine what would pro
voke a storm of protest and perhaps
a revolution.
The Caillaux case was finely staged
and the actors all acquitted them
selves splendidly.—Ex.
TEDDY OPPOSES
PEACEJREATIES
HARTFORD, Conn., Aug. 17.—Col.
Roosevelt in a speech here last Sat
urday night at the State Progressive
convention stated that the Monroe
doctrine was the only thing that sav
ed the United States from being in
volved in the present European war.
The colonel also stated that the
treaties which had been negotiated
by Secretary of State Bryan are use
less as a means of maintaining peace
and would only tie our hands in case
of a dispute with some other gov
ernment and prevent us from pre
paring for a war while our enemies
were making ready.
The road commission automobile
left yesterday afternoon with Lieut.
Kunzig and Sam Blum for Chitina.
Colonel Richardson will leave on the
steamer Sampson for Cordova and
will join Lieut. Kunzig at Chitina with
one thousand pounds of mail, which
will arrive at Cordova on the steamer
Alameda.
An “Old Line” Company with “New Line” Ideas.
NORTHERN LIFE INSURANCE COMPANY
ufai'th Providing
HEALTH W* ERFECT
ACCIDENT * ROTECTION
Premiums Paid for You on Your Life Insurance
If Permanendy Disabled.
-IOME OFFICE, WHITE BUILDING, SEATTLE, U. S. A.
A. E. RANSOM. E. A. PALMER. R«*ld«nt Aaant.
Diriuo* Sift, far Alub.OBfc» wtt C C. GiSy-J. 0. Bw 2S>.
300.000.00 DEPOSITED WITH STATE TREASURER.
SHIPPING BILL
IB BE AMENDED
Administration to Care for New Con
ditions By Passing Law Modeled
After the English Bill.
WASHINGTON Aug. 17.—The ad
ministration is having prepared a
shipping bill modeled after that of
England to provide for the manner
and method by which the large num
ber of foreign ships now in the Un
ited States might come under the
protection of the American govern
ment.
Shipping men are fighting the bill
so are the labor organizations, who
claim that no cheaply operated ships
paying starvation wages are to be
run under the American flag. Peace
advocates are also opposing any bill
which will allow German ships to
take American register, fearing that
we are certain to be involved in the
war which has brought almost the
entire world into the most terrible
conflict that has ever been known.
It is rumored here that the Eng
lish ambassador has protested to the
State department against any bill al
lowing German ships to use the
American flag, and has intimated that
his government would be displeased
if the United States attempted to
carry out the effort to protect Ger
man shipping. The rumor is denied,
however, by friends of the presi
dent, who say that if the bill is pass
ed it will be done with the consent
of the English government.
SULZER TO FIGHT
FOR NOMINATION
. __ »•
He and Governor Glynn Both Enter
Democratic Primaries—Expect
Big Vote Be Cast.
»
NEW YORK, Aug. 17.—Governor
Glynn today announced his candl
dacy for the nomination as governor
on the Democratic ticket. His nomi
nation was hardly made before form
er Governor Sulzer, now an assem
blyman from New York, also an
nounced that he would run in the
Democratic primaries.
A big vote is expected by the
friends of both men. The Tammany
organization will fight desperately to
prevent the nomination of Sulzer and
also to encompass his defeat should
he secure the nomination at the pri
maries and run against District At
torney Whitman, who is almost cer
tain to be •'he Republican nominee,
although Col. Roosevelt is making
a hard fight in the Republican.party
to secure the nomination of Harvey
Hinman, whom he favors and who
would secure the endorsement of the
Bull Moosers.
ALL BEET SUGAR
HAS BEEN SOLD
KANSAS CITY, Mo., Aug. 17.—The
market here of beet sugar has been
cleaned, and although the California
and Colorado beet sugar factories are
supposed to have started up about
August 1, no new sugar has arrived,
and it is believed that the trust will
hold back the supply at the factories,
thus forcing the price of sugar still
higher. Thousands of tons of sugar
have been shipped to Canada for ship
ment to Europe, while many cargoes
are being made ready in New York
for shipment to Europe.
SPAIN ABOLISHES
FOOD IMPORT TAX
MADRID, Aug. 17.—The govern
ment has abolished all taxes upon
foodstuffs entering this country and
hopes to induce the people of other
countries to send to Spain flour, corn
and other eatables and thus to keep
down the high rates now being paid
for foods. The duty on coal has al
so been taken off.
Merely a brief survey of the base
ball world Is needed to show that a
"Tinker to Evers to Chance" play
nowadays would require some tall,
cross-country throwing.
Fox
Fox
Fox
Fox
Another Line for
The Ladies
This Time It’s the
Famous Fox
4
Priced
3 to 4.50
Priced
3 to 4.50
I
Line of Low Shoes.
None Better In the World.
Fox
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,
Fox
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PROFESSIONAL
Dr. H. COCKER1LLE
Graduate of National University
Washington, D. C.
DENTIST
in both companies Fourteen years in
Office Rooms over VALDEZ
Valdez Drug Co.
DR. GERMAN
Phone ,9 THE DENTIST
Office rooms over Owl Druk store. Office hours
9 a. m.. to 6 p. m., 7 p. m., to 9 p. in. Sundays
by appointment AH work irunranteed
DR. M. O. ADAMS
Dentist
Office on Wall St. next Pro*pector office
Valdez, Alaska.
New Company’s. Phone No. S8
HOURS—9 to 12 1 to 6 and 7 to9p. m.
DR. C. H. VANCE
the OSTEOPATH
Graduate American School of
Osteopathy. Kikrsvilla. Mo.
OFFICE HOURS—11* 12 a.. 1 US p. a., er W
esoetatassl.
TREATMENT S2.SO
Office end Residence!Court St. FHONE 2t
E. E. RITCHIE
LAWYER
PHONEri3»! Valdez, Alaska
C. E. BUNNELL
ATTORNE Y-AT-L A W
Offices Wall Street
Phone 31 VALDEZ
A. C. BALDWIN
Civil Engineer and
U. S. Deputy Land
and Mineral Surveyor.
Formerly Surveyor Alaska Boundary Survey®
Valdes, Alaska. P. 0. BOX 274
F. butterworth:
Civil Enfinaar and
U. S. Daputy Land and
Minaral Surveyor
Bln* Printing Valdas. Alaaka.
' Steam Heat Electric Lights
THE COPPER BLOCK
Finely Furnished Rooms All Modern Conveniences
Good Tyr DlirrCT G °0 d
Goods I IlL DUiTlI Goods
Copper River Lumber Co., Inc.
ALL KINDS OP
^Native and I I Tliif DCD and Building
Puget Sound 1jU1V1DJL1\ Material
CONSTANTLY ON HAND
Price* Right W: M. FINICAL, Mgr. Phone 18
Patronize a Home Industry
MILK-MILK-MILK
Fresh Milk and Cream
VALDEZ DAIRY
Telephone order* to Phone 187
STANTON STAGE LINE
Carrying U. S. Mail, Pas
sengers, Freight, Express
from Valdez to Gulkana.
Ltwei VtlJei ltt tad 15th of each month
For rate* ••• Valdez Transfer Co. Phone 60
f “ OLYMPIAN ” i
The Train of Luxury
TO
Butte, Miles City, Sioux City, Minneapolis,
and St. Paul, Milwaukee, Chicago
All Points East, via the
“MILWAUKEE”
Leaves Seattle Daily at 10.15 A. M.
“A TOUR DE LUXE” is an expression supremely fitting in con
nection with a trip to the East on this palatial all-steel transconti
nental train. It combines the enjoyment of rare scenic beautiet
with the pleasure of a journey in absolute ease and comfort.
No Extra Fare on This Train
For further information regarding fares, train service, reservations,
etc., call.on or address
C. H. Kraemer. General Amt Alnaka SteameM; Co. and Alaika Coatt S. S. Co.
VALDEZ. ALASKA
Chr Ticket OAcna. CUcnio, Mllwnnkee A St fnul Railway. 441 Haatinn St We*
VANCOUVER. R C. ^
SECOND AVI. AND CHERRY ST- SEATTLE /jfi