Valdez Daily Prospector
PUBLISHED BY THE
Prospector Publishing Co.
TERMS.
Dally Prospector.
By carrier, per month....$ 1.00
By mail, per annum. 10.00
The Weekly Miner.
By carrier, per month. 40o
By mail, per annum.93.00
The Daily Prospector and Weekly
Miner, by carrier, to one address
per month.91.25
The Daily Prospector and Weekly
Miner by mail to one address
only per year.....$12.50
Business Office and Editorial
Rooms, Phone 152.
idvertising Rates on Application.
THURSDAY, SEPTEMBER I I, ’13
THE WHEELS WITHIN WHEELS
The amendment offered to the
new currency hill prohibiting tin
officer or director of any national
or state bank from serving as an
officer or director in any other
national or state bank or hank
ing association is aimed at an
evil that has grown up in the
last dozen years by which the
management ol' a chain of banks
lias bceli controlled by interlock
ing directorates; The evil has
extended to interlocking director
ates extending over hanks, rail
roads and big industries of var
ious kinds.
The proposed amendment is
not meeting will) much favor as
the leaders in congress prefer lo
waive that feature of the hank
ing business until they consider
and pass a general law against
interlocking directorates which
will apply to all classes of cor
porations. The object of (lie
proposed new law is, of course,
to prevent monopoly, to make it
impossible for one man or group
of men to control the operation
of a group of kindred industries
through their hoards of directors.
The express companies and tins
railroad companies have been so
controlled for years anti in some
cases, like the Standard Oil Com
pany, the directors of the organ
ization have representatives on
the* hoard of directors in banks,
railroads, steamship companies
and all kinds of financial and in
dustrial concerns.
It is always popular for poli
ticians to argue in favor of such
laws as that proposed anti the
enactment anil enforcement <>1
such a law doubtless would he
of great benefit to the people, but
there is ;i serious question
whether a plan can he devised
for meeting the need. A provis
ion against interlocking director
ates does not go far enough if
this sort of business expansion
jS to he prevented. It cannot
he matte effect ive save by a law
that ^prohibits an offier^1 of a
hank from owning stock in an
. other hank or in a railroad com
pany or in any of the other cor
porations amenable to the inter
state commerce regulations; for
it is easy for a large stockoldcr
to he represented on the hoard of
directors by a small stockholder
acting as his agent. Iiuled, it is
a common practice. So if an in
terlocking directorate law sliou.ti
lie passed tile interlocking dir
ectors would simply have to re
sign and put a man on the hoards
in their place. And I tie situa
tion would I*'1 unchanged.
The prohibition against inter
locking stockholders would not
he wholly adequate,- for the stock
in iiiany a corporation stands in
the name of a dummy on the
books of the company, ami nego
tiable shares' pass from hand lo
' hand many a ‘time during the
> . year without any notice of trans
fer being served on the company.
The evil aimed at grows out of
the right which men now enjoy
of investing their money as they
Platase. If Congress desires to
interfere with this right it should
address itself to the real problem
instead of fooling away its time
in the consideration of such sup
erficial remedies as the prohibi
tion of interlocking directorates.
The evil cannot be reached in that
way.—Tacoma Tribune.
WHAT FISH PROTECTION DOES
FOR WASHINGTON.
The reports from the Strait ami
from Bellingham indicate that
thet soekeye run of salmon this
years is the largest that has been
known for the full period of
twelve years. The waters are
fairly teeming with fish and the
closed season of thirty-six hours
each week, enforced by the laws
of this state and those of Brit
ish Columbia, insure that an
S WHY NOT INVEST YOUR MONEY
AUfeUEN REAL ESTATE
The city of AUBURN is situated half-way be
tween the two great commercial centers,, Seattle
and Tacoma, on the new Interurban Railroad,
360 acres of fine, level land three-fourths of a
mile west of Auburn, had just been platted into
five-acre bracts and placed oh the market The
soil is rich and it suitable for raising any crop.
The great million-dollar freight terminal which
the Northern Pacific Railroad is constructing at
Auburn will make Auburn a most important rail
road center, busy and prosperous, and give em
ployment to thousands of people. Its monthly
payroll of thusands of dollars will make garden
products necessary to supply its wants.
The price of these tracts is $506.00 to 5700.00.
A small payment down and balance on terms to
suit.
Let us select the best unsold tract for you and if
you are not suited, you may exchange for any un
sold tract of equal value.
F. M. JORDAN & CO., American Bank Bldg, Seattle
L. HANSON, Agent, Ellamar, Alaska.
enormous number of the salmon
will reach their 'spawning
grounds unmolested.
Their spawn and that which
will be hatched in the government
hatcheries will be sufficient to
provide an equal or a larger num
ber when the four year period
again rolls around, and the fish
hatched from the present spawn
in their turn come back to the
racial breeding grounds on the
Fraser river.
Through the enforcement of
longer closed periods permitting
sullicient fish to get up to the
spawning grounds, and by the
conducting of a greater number
of hatcheries, the salmon supply
lias not only been kept from ex
haustion but the indications are
that it will, under intelligent reg
ulation, actually increase rather
than diminish in the future.—
Seattle Post-Intelligencer.
PRESIDENT TO SEE
TARGETPRACTICE
New York, Sept. II.— President
Wilson will witness (lie target
practice of I he Atlantic Heel, and
will arrive in this cily October IS.
He will be I In1 guest of Hon.
Josephus Daniels. Secretary of
the Navy.
muliim
PERMMT
Colehruok, N. H., Sepl. II —
Ex-President Taft yeslerday
dedicated I lie monument which
had been erected here to com
memorate the victories of Com
mander Perry one hundred years
ago.
KIRBY PRESIDENT
OF THE JO HOOS
St. Louis, Sept. I*. Kir
by, a number, of the Texas leg
islature, has been elected presi
dent'of the Order of Hoo Hoos.
The congress has completed its
business and adjourned.
Schedule of the Donaldson.
The following schedule for
launch “Lieut. 0. V. Donaldson”
will take effect today. All orders
to the contrary are revoked.
Daily, Saturday and Sunday, ex
cepted:
Leave Fort Liscuni, Alaska,
8:15 a. in. and 1:15 p. m.
Leave Valdez, Alaska, 9:45 a.
m. and 4:00 p. in.
Tuesdays:
Leave Fort Liscuni, Alaska,
8:15 a. m. 1:15 p. ni. and 5:00 p.
m.
Leave Valdez, Alaska, 9:45 a.
in. 2:00 p. in. and 5:30 p. m.
.Saturdays:
Leave Fort Liscuni, Alaska,
1:15 p. in. and 7:00 p. m.
Leave Valdez, Alaska, 4:00 p.
m. and 10:30 p. m.
There will be no trips for the
launch on the 2nd and 4th Fri
days of each month, these days
being used to clean hollers.
Special trips or cancelling of
the above will be made without
notice only to meet the exigen
cies of the services
By order of Lieut. Col. O’Neil.
R. G. SHERRARD,
Second Lieut. 30th Infantry,
Quartermaster. _
SUMMONS FOR PUBLICATION. |
In the United States District i
Court for the Territory of
Alaska, Third Division.
Fred L. Peck, plaintiff, vs. An
nie Peck, defendant—No. 610—
Summons for Publication.
The President of the United
States of America, greeting :
To the above-named defend
ant, Annie Peck:
You are hereby required to ap
pear in the District Court for the
Territory of Alaska, Third divis
ion, within thirty (30) days after
the completion of the service of
this summons upon you, and an
swer the complaint of the above
named plaintiff, the original of
said complaint is on file with the
clerk of the above court, at Val
dez, Alaska, and unless you so
appear and answer, the plaintiff
will apply to the Court for the
relief demanded in said com
plaint.
This action is brought to se
cure a divorce from the defend
ant upon the grounds of deser
tion and abandonment, and this
summons is served upon you by
publication thereof, pursuant to
an order of the above Court,
made and entered on the 27th day
of June, 1913.
Witness the Honorable Fred
M. Brown, Judge of said Court,
this 30th dav of August, in the
Volar of our Lord one thousand
nine hundred and thirteen, and of
our independence the one hun
dred and Ihirtv-seventh.
ARTHUR LAND,
(Seal) Clerk.
First pub. Aug. 30, 1913.
Last pub. Oct. 6, 1913.
NOTICE OF APPLICATION FOA
PATENT.--Survey No. 993.—
Serial No. (IIOIH. United Stales
Land Oll'ice, Juneau, Alaska,
August 20, 1913.
Notice Is hereby given that in pursii
ance of the act of Congress approved
-May 10, 1872, Fred Liljegren, whose
postolTIce address Is Ellamar, Alaska, has
made application for a patent for 1,500
linear feet on the Copper Bullion No. I
lode mining claim and for 1,500 linear
feet on the Copper Bullion No. 2 lode
mining claim, bearing copper, together
with surrace grounds as allowed bv law,
lying, being and situate In the record
ing precinct or Valdez, Alaska, and de
scribed by the official plat and by the
Held notes of II. S. .Mineral Survey No.
903, on llle in the office or the Register
or the Juneau Land District, at Juneau,
Alaska, as lollows, to-wit;
Copper Bullion No. 1 Lode.
Beginning at Cor. No. I, whence II. S.
Mineral .Monument No. 8 bears N. 40 de
grees 44 minutes 2t seconds E. 6I3.92 reel
distant; thence N. ill deg. 09 min. w. 600
reet to Cor. No. 2; thence N. 28 deg. 51
min. E. 15oo feet to Cor. No. 3; thence
S. 61 deg. 09 min. E. 600 feet to cor.
No. 4; thence S. 28 deg. 51 mill. \V. 1500
feel lo Cor. No. 1, place of beginning.
Area <20.661 acres. The Additional ami
Amended Location Ccrltllcnte of the Cop
per Bullion No. 1 lode claim Is duly ol
record in Book 14 of the Records of the
Valdez Recording Precinct at page 361.
This claim Is bounded on the nolth by
the Copper Bullion No. 2 lode claim.
Ooppar Bullion No. 2 Lodt.
Beginning at Cor. No. I, Identical with
Cor. No. 4, Copper Bullion No. 1 Lode of
this survey previously described, whence
II. S. Mineral Monument No. 8 bears S.
17 deg. 12 mill. 50 sec. W. 934.98 reel
distant; thence N. 61 deg. 09 min. W.
600 reel to Cor. No. 2, identical with
Cor. No. 3. Copper Bullion No. 1 Lode;
thence N.,28 deg. 51 min. E. 4500 feet
to Cor. 3, whence a witness corner, a post
marked C B No. 2 Cor. 3 W C bears S. 28
deg. 51 min. W. 383.40 reet; thence Trom
true corner S. 61 deg. 09 min. E. 600
reet to Cor. No. 4, whence a witness cor
ner, a post marked C B No. 2 corner 4
W C hears S. 28 deg. 51 min. W. 141.70
reet; thence rrom true corner S. 28 deg.
51 mill. W. 1500 feet to Cor. No. I, the
place or beginning. Area 20.661 acres.
The Additional and Amended Location
Certiorate or the Copper Bullion No. 2
lode claim Is duly or record In Book 14
or Records of llle Valdez Recording Pre
cinct at page 362. This claim is bound
ed on the south by the Copper Bullion No.
1 lode.
Anv and all persons claiming adversely
any portion of said milling claims or sur
face ground, are hereby required lo llle
their adverse claims with the Register
or the II. S. Land Office at JiTneau, Alaska,
within the time prescribed by law, or they
will be barred by virtue or the provis
ions or the statute.
FRICD LII.JEOREN,
Claimant.
It Is hereby ordered i..at the roregoing
notice or application be published in the
Valdez Dally Prospector, the newspaper
published nearest the said mining claims,
for a period or sixty days.
C. fe. WALKER,
Register.
Date or first publication Aug. 27, 1913.
Date or last publication Nov. 6, 1913.
Every Sale We Make
whether it is a
Hart Schaffner & marx Suit
or a pair of fifty-cent socks must give one hundred
per cent satisfaction to you. And no sale is final
here until you are sure it is all right.
The home of Hart Schaffner & Marx
%
Fine Clothes.
Copper River
Draying Co
Freighting and passengers to all pans
of the interior. General Trucking
hid. Wood, • Proprietor
McKimey St, Valdez
Chas. R. Crawford
Wall Street Phone 159
PUtea glue, window glass, roofing and
building papers, roofing pitch, lime, ce
ment, plaster lath, shingles, builders'
hardware. Shop and job work of all kinds
Windows, Doors, Moulding, Finish
ing Lumber
Agents for Fairbanks, Morse & Co.
Valdez Sheet Metal Works
Manufacturers of
YAKSHAW STOVES
Pltimbing, Steam and Hot
Water Heating, Pumps and
Well Point*.'
Sheet Metal Work of Every
Description, Hose Valves,
Iroi °ipe, Fittings.
..
GET THE HABIT
Otpbeum fflovks
Every Evening
BE A BOOSTER
A. H. PINKUS, Mgr.
A G-E
Sewing Machine Motor
Will sew 100 yards of cloth for One Cent
The outfit is the essence of simplicity and
durability—may be attached in a few mo
ments —can be run by a child.
Ends the drudgery of foot pedalling.
Turn the switch—guide your work
That's All.
• Let us send an outfit on free trial.
ALASKA WATER, LIGHT A TEL
EPHONE CO., INC.
, M-I34 A
We do a firfl Si *■! Banki?
general I ^■■BflExEEBSffiSpH^H rear ®.f
Bankind^KdSfSM^^^H fic^td!
Business l jP^SEnflsBBK^^EEEl^^3| department
We Pay 4 Per (eni Interest on lime Certificates at Deposit. - , _ J