Idita ^od Pioneer
One Doelar Per Month. IDITAROD, ALASKA, SUNDAY, JANUARY 15, 1911. _ Two Bits Per Copy
Canadian Bank
Takes Toboggan
Toronto, Dec. 28—Caught in the sud
den failure of the Farmers Bank of
Canada, hundreds of American de
positors find themselves losers by thou
sands of dollars, while it is believed
that the stockholders of the institution
will bo entirely wiped out.
The failure seems to have been
caused by over-speculation in western
Canada real estate ventures and in
townsite booms along the Grand Trunk
railway which is not being finished as
rapidly as was expected.
Big Beef Trusters
Make Large Profits
Chicago, Jan. 5—From the statistics
compiled by the department of com
merce and labor, taken with the annual
reports of the companies, it has been
learned that six of the concerns con- j
nected with the beef trust of the United
States did a combined business during
the year of over one billion of dollars.
The net profits of the business was
twenty-five millions.
Alaska Now Has
Another Friend
I
Seattle, Jan. 2—Alaska has secured [
another friend in the election of
Michael Donohoe, representative from
the fifth district of Pennsylvania. Dono
hoe is a brother of a Nome operator
and has written for particulars regard
ing the needs of the North that he may
fight for beneficial Alaskan legislation, j
Jingoes in Army Still Basing
Manila, Dec. 28—It is persistently j
rumored in military circles here that
a plot has recently been discovered,
whereby the Japanese have secretly
mined the harbor of Manila to blow up
American warships in case of war. The
matter has reached Washington aud
will be rigidly investigated.
Assailant Pleading insanity
New York, Jan. 2—Upon the ar
raignment of Gallagher, the man who
shot Mayor Gaynor of this city, a dozen
alienists were called to the stand today
as a result of the attempt of the defense
to prove Gallagher insane when he
made the murderous assault.
Nick Tackles a Big Tiling
Washington, Jan. 4—Nicholas Long
worth, congressman from Ohio, will
tonight submit to President Taft, the
draft of the new tariff commission bill.
ABOUT THE 1¥SAIL
Contractor Snow arrived Friday noon
with about 1000 pounds of mail, having
cleaned up ail the mail that had ac
cumulated at Nulato, under an agree
ment to be paid for tho extra weight,
which money was raised by subscrip
tion.
Ho leaves at 9 o’clock this (Sunday)
morning on his return trip.
Mr. Snow assures us that the message
sent to Chief Clerk Randels will doubt
less bring results, as Randels is making
every effort to secure an emergency
service for the Iditarod, and lie may
succeed in landing a twice-a-month
.service._
Strict Prison Discipline, Nit
Boston, Dec. 29—Two suspects held
here in connection with recent counter
feiting frauds under indictment by the
grand jury, were caught counterfeiting
in their cells. It is believed they bribed
the guards to secure the properappara
tus. __
New York Was Babe to These
Washington, Dec. 31—The treasury
department intimates that it has dis
covered wholesale sugar sampling
frauds in New Orleans and San Fran
cisco that have been going on for the
last 15 years, and which when exposed,
will tUrow the New York disclosures
entirely in the shade.
A Happy Marriage
Depends largely on what one knows.
Read and get wise. We have over 000
good books in our Circulating Library,
and exchange for 25 cents. We keep
cigars and tobaccos, photo and musical
instrument supplies, sheet music and
the latest songs; picture post cords 6
for 26 cents. LandahPs Emporium,
Iditarod. __
Home-made sauerkraut-Sickinger’s.
Efres examined free—Simpson’s.
WASHINGTOIM-ALASKA BANK
IS STILL BELIEVED SOLVENT
Fairbanks, Jan. 5—Following a suspension of pay
ments yesterday by the Washington-Alaska bank, recently
consolidated with the Fairbanks Banking C<. mpany an
attachment was sued out by Jack Robarts, a depositor, and
the institution was thrown into the hands of a receiver.
Assuming charge of affairs as a court ot equity, Judge
Ovei field appointed Frank Hawkins receiver and a gradual
adjustment of the affairs of the bank will be bad. There
are deposits to the amount of a million dollars, and the
bank appears to be in bad shape, at least lor the time be
ing. Business has received a severe check, but the First
National and the American Bank of Alaska are bearing up
under a slight attack by depositors and further trouble is
not anticipated.
Such is the import of a press telegram received here on
the last mail, which unfortunately (ails to give as full an
account of what has been happening in Fairbanks as could
he desired All that is known here is that the bank has
closed its doors, probably from a shortage o. readv cash, in
sufficient to meet a run of depositors that doubtless took
place. Following the institution of legal proceedings, the
affairs ot the bank were put up to the federal court which
will look after the hu.siite.ss through the medium of Receiver
Hawkins
Men here, who are interested in the affairs of the old
Fairbanks Banking Company aitd of the Washington
Alaska, both as stockholders and depositors are at a loss to
account for what has happened. Some think it may have
been the result of the fight between the Washington Alaska
and the First National ; otheis opine that it was stock jug
gling, or a tapid decline in securities, but the view most
entitled to respect is that offered by C. J Huilevofthe
American Bank of this city, who believes the trouble has
arisen from a gradual withdrawal of the heaviest deposits,
coupled with the consequent shortage of ready caHi and the
inability to realize on some of the securities It is Mr
Hurley’s opinion that depositors will be paid dollar for
dollar as soon as the receiver has had time to call in some
of the loans or to raise money on the bank's collateral
As near as can be learned here, the situation in Fair
banks should cause little apprehension When the Fair
banks Banking Company affected its reorganization in 1918,
there was a general slashing of old securities and lire hank
stal led out on a new basis with nothing hut what was con
sidered gill edge. It is true, that among these was a loan
to the Gold Bar Lumber Company of Seattle of $260,0110,
but this security was more than good, as the Dexter Hot ton
bank of Seattle offered to loan more than $300,000 on the
same security. At the same time Capt. Barnette loaned
the hank $200,000 for one year without interest.
L'jst fall, some time in October, the Fairbanks Banking
Company took over the Washington-Alaska, paying a
goodly ptice for the stock, and at the same time acquiring
a lot of paper that could not be considered more than or
dinarv at best. This transaction doubtless crippled the
purchasing bank, although the business was to be con
ducted in tiie name ol the Washington Alaska.
Prom this point, it is not hard to read certain difficul
ties especially since the F rs' National was starting on an
active campaign of daring investments that drew a great
deal of business.
The old loan to the Gold Bar Lumber Co was still in
existence, hut the $200,000 belonging to Barnette was
gradually withdrawn following his investments in Mexico
In addition to this, the Jt-ssou biothers, Dave Yarnall. John
McGinn and other heavy depositors began to withdraw
their deposits, preparatory to quitting Alaska. This cir
cumstance, coupled with the decline of Faitbanks as a
placer camp, and the consequent drop in local securities,
has contracted business to a point entirely foreign tp the
old regime of careless and expensive management.
In this connection it is also interesting to note that
Cap! Barnette severed his relations with Alaska on Oct
27, accotdmg to dispatcher from Outside papers. He sold
all . is stoc k in Fait hanks hanks and resigned the presidency
of the concern he was last connected with
Despite these withdrawals of the old depositors, it has
always been considered that the bank held securities of
more than ample sufficiency to meet all liabilities, and it is
the general opinion here time such will he found to he the
case
Statements received from the two local banks are
reassuring, as they aro emphatic in their assertions
that it should cause not the slightest disturbance of
business conditions here. Through their relations with
the Fairbanks bank, they are also firm in the belief that
the trouble is merely a temporary embarrassment and
will reach an early re adjustment.
_
Milwaukee, Dec. 31.—Speaking through Hugh Me
Intosh, the Australian fight promoter, who has recently
taken over the management of his pugilistic affairs,
Jack Johnson, the colored heavyweight champion of
the world, issues au open challenge for a finish tight
with a side bet of $30,000.
Milwaukee, Dec. 27.—Jack White nearly knocked
out Gene McGovern here last night in a tierce go of 10
rounds.
Boston, Dec. 27.—Hackenscbmidt, “the Russian
lion,” who is seeking another go with Prank Gotch, won
from Dr. Roller of Seattle last night in two straight
fall . The Western favorite was not in it at any stage
of the game.
Omaha, Deo. 27. — On behalf of Frank Gotch, the
champion wrestler of the world, Farmer Burns, who is
now looking after Gotch’s interests, has issued a sweep
ing challenge against al' comers.
Montreal, Dec. 29 —Jack Curley, manager for
Hackenschmidt, goes to Chicago to complete arrange
ments for the match with Frank Gotch.
Des Moines, Dec. 29. -Apparently tickled to death
because Hackenschmidt has accepted his challenge,
Gotch has commenced training for the bout.
Los Angeles, Jan. 2 - -Jim Flynn knocked out Tony
Caponi in the ninth round of what was to have been a
20-round contest here last night. The fight was
Flynn’s from the start.
Grand Rapids, Jan. 2.—Ad Wolgast, the present
lightweight champion, who has been laid up with a
broken arm for some weeks, has agreed to meet George
Memsic in Los Angeles on February 22.
Cleveland, Jan. 2.—Paul Rodney was given a deci
sion here last night over Frankie Madden after a 10
round go. Joe Phillips got the decision over Paul
Sykes after 10 rounds of hard mixing.
Omaha, Jan. 2.—Frank Gotch offers to place $20,
000 on Mahmout, the new Turkish wrestler, iu a match
with Hackenschmidt.
SALOON MAN ARRESTED FOR ROBBERY
Portland, Ore., Jan. 4.—James Whalen, proprietor
of the Eagle saloon of this city, has just been arrested,
charged with complicity in the Humboldt gold dust rob
bery. When confronted with the proofs of his guilt he
made a damaging confession, but refused to give the
names of local confederates. The fact that he has been
selling gold filings recently first directed attention to
him, and was the cause of his arrest. He is held on
$15,000 bail.
UTAH TRAIN ROBBERS' DEADLY WORK
Ogden, Jan. 2 —Resisted in an attempt to rob the
passengers of the Overland Limited, two masked men
at Reese, Utah, shot at random through a Pullman car
last night and instantly killed one negro porter and
fatally wounded another. The desperadoes sncceeded
in making their escape, but it is believed that they will
be captured as posses are now in close pursuit.
GOOD CHANGE TO HELP
POSTOFFICE COUPON
The undersigned hereby contributes One
Dollar for the maintenance of the Iditarod
Postoffice for the month of January, 1911.
Signed
(To lie cut cut ami forwarded to Postmaster Thurston
with ntmiet enclosed.)
Tlie foregoing coupon explains itself If some one else
j beats you to the paper, you can go over to tile office and
! hand in your dollar anyway
We are facing a condition and not a theory The job
| of post master in l his camp is a ' hank less rue. it is an itn
! position, a delusion and a snare, ft cannot be maintained
j unless steps be taken to pay the man w ho gives it bis at
tention a living wage, and the above method is ( ffVrtd as a
solution ol the difficulty There are enough people in the
camp who can aff id to give a dollar a month to see the
< ffi> e kept open and properly ac.mini-tered In our editoiinl
this week we advocate a light for better mail service, but it
seems we might fight until the cows come home, and we
could get nothing tor the local poMoffice. Hence it is a
question of every man doing bis duty with an iron sainol
euni if he wants to see the postoffice with a smile of wel
come Oil Its face
Attend to this matter at once for we are anxious to j
learn whether or not this method of raising sufficient funds
is a success. If it goes for this month, it will go for next,
and when the time comer, we will print another coupon.
Under the circumstance , as they exist heie today, it is
a plain business proposition. If you care a dollar's worth
to see the office kept open come through with the mazimra
otherwise, you will doubtless find a ‘‘To Let” sign oil the
postoffice door anti the mail sacks in cold storage until next
summer.
Next week we w ill publish a list of the responsive ones
and the postmaster will render an accounting of the money
received in this manner.
Augusta, Ga., Dec. 31.—The first regularly estab
lished school of aviation in the United States is that
which is just being opened here by the Wright brothers
of Columbus, O. They are taking on pupils in aero
nautics, using the Wright aeroplane for all beginners.
Dover, England. Dec 28.—Robert Lorraine, the
actor-aviator, who recently took to the flying game,
flew from Shepard Island today in an attempt to win
the De Forrest prize of $20,000 for the longest flight.
London, Dec. 20.—Owing to an accident to his en
gine, which stopped bis flight, Lorraine failed to break
the long-distance record.
Etmars, France, Dec. 29.—After a flight of two
hours and a half in a snowstorm that was blinding, Far
man, the famons aviator, was compelled to alight as his
machine had accumulated over 190 pounds of ice.
Los Angeles, Jan. 2.—In an exhibition flight here
today, Radley, the English aviator, was caught in some
cross-currents in the upper atmosphere and nearly cap
sized his machine. He had a narrow escape from death.
Washington, Jan. 5 —After a lingering illness,
during which a consultation board of physicians kept
him sleeping in the open air for days, Senator Stephen
B. Elkins, of West Virginia, one of the most powerful
figures in the United States senate and a foremost coal
magnate of the country, died here today, blood poison
ing being the immediate cause of death.
Elkins was a delegate to the Forty third congress
from New Mexico, and served on the Republican na
tional committee during tnree presidential campaigns.
He was elected to the senate from West Virginia in
1891, and has served ever since, his present term to have
expired in 1913. It is the daughter of Senator Elkins
who is still supposed to be betrothed to the Duke d’Ab
ruzzi, of Italy, which marriage has been strenuosly op
posed by the queen dowager of Italy. Senator Elkins
married a daughter of the venerable Henry Gassaway
Davis, who was a candidate for vice president in 1904.
Train Heid Up ftfear Seattle
Seattle, Jan. 5.—As the North Coast Limited was
leaving over the Northern Pacific lines last night from
the Union depot the train was boarded by two masked
men. At a lonely spot a few miles out of the city they
climbed over the locomotive tender and stopped the
train, compelling the engineer to detach the mail and
express cars and run up the track a distance of two
miles. Here they dynamited the safes and rifled the
mail after shooting the clerk. The exact amount of the
haul is not yet known.
Still Slobbering
Over Bank Wrecker
■Washington, Dec. 28—-Fearing that
their petition for the pardon of Charles
Morse, the man who wrecked the
Knickerbocker Trust Company and
precipitated the panic of 1907, will not
be granted, the friends of the convicted
banker, now serving 15 years at At
lanta, will ask for a commutation of the
sentence.
FGEt SALE—One-third interest in lay
on 2-a. bench, hrst tier, left limit,
Otter ereek; must be sold immedi
ately. Inquire Ed McMullen, Irnpe
tial eigar store, Iditarod.
Enjoy yourself at Johnstone’s pool
room.
Home-made sauerkraut—Sickinger’s.
Opera Bouffe War
In Central America
New Orleans, Jan. 2—At the head of
a large array, former President Bonilla
of Honduras, has re-entered the country,
following the recent revolution, and
has again declared himself the pre
eminent head of the country.
Puerto Cortez, Dec. 31—The presence
of the revolutionary gunboat Hornet,
which is known to be a few miles off
shore, has caused the greatest appre
hension here, as an attack is hourly ex
pected. Commander Davis of the U.
S. cruiser Tacoma, now in the harbor,
has warned all Americans to remain
indoors and will order the marines
ashore at once.
Home-made sauerkraut—Sickinger’s.
The Miner’s Home sells Bock cigars.
Third Generation
of Native Cattle
From the experience in the Tanana
valley it would seem that there should
be little trouble in raising dairy stock
in Alaska, but perhaps it would be
better to say that cattle can be raised
successfully although still expensively.
The third generation of native-born
cattle can be seen at Hinckley’s dairy
in B'airbanks. A calf born there the
first of December came to greet its
father, mother and grandmother—all
of which were born and raised in Fair
banks. __
When yo" visit Flat creek call at
Carroll’s Globe Bakery and Coffee
House for a lunch.
Manuel sells Bock cigars.
First Women's jury
Lands on More Man
For the first time in the history of
the United Slates courts, 12 women sat
on a jury in San Francisco recently to
try a divorce $ase. The husband ac
cused the wife of infidelity, and asked
for a divorce and the custody of the
children. The jury decided that he
could have the divorce but gave the
custody of the children to the mother.
The judge in the case expressed his
dissatisfaction with the verdict.
Founder of Bremerton Dead
Seattle, Dec 28—Wm. Bremer, the
founder of the Bremerton Navy Yard
passed away today in this city from
heart disease.
Are Now After
Big Ocean Carriers
New York, Jan. 5—The government
has just instituted suit against 13of the
principal ttans-Atlantic carriers, charg
ing illegal combination in restraint of
trade. It further charges that a work
ing agreement has existed between the
large carriers to the exclusion of the
smaller companies.
Arctic Club Very Prosperous
Seattle, Dec. 28—At a rousing smoker
held here last evening, the Arctic club
of this city took up $3500 worth of out
standing bonds held against the club
building.
Save the piecesbroken lenses re
1 placed at Simpson’s,
Portland Theatre's
Sate Blown Open
Portland, Dec. 27—Following a record
performance of a comic opera company
which has been playing here for the
last week, the safe at the Heilig Thea
tre in this city was blown open by ex
perienced safe-blowers last night and
the entire contents taken. The haul
amounted to something over $2000.
(This theatre has long been under the
roanagementof a brother of Fred Heilig,
formerly editor of the Fairbank*
Times). _
Linemen Mix With
Deputy Sheriffs
Los Angeles, Dec. 28—As a result, of
a pitched battle between the striking
linemen of the local telephone and trol
ley companies, and a large force of
deputy sheriffs who were sent out to
quell riots, two men are dead and 59
are under arrest for participating in
the trouble. The battle was fiercely
waged with revolvers and many by
standers were wounded.
Mexican Revolution
Appears to Grumble
Chihauhau, Mex., Jan 2—Reports of
complete disorganization in the ranks
of the rebel forces continue to come in
from the front, and it i3 generally be
lieved that the government has been
victorious in nearly all the provinces.
The outlaw Patillido, recently captured
by the insurrectos is supposed to have
been shot.
Newspaper M Will Lead
Albany, Jan. 4 —Following a brilliant
campaign during the fight preceding
the last election, Daniel Frisbe, a news
paper editor of Middleburgh, has
achieved a leadership that will land
him in the speaker’s chair of the next
assembly. _
Bathtub Trust Says All White
Detroit, Dec. 23 —In answer to a
prosecution instituted by the attorney
general on behalf of the United States,
charging the makers of enameled bath
room fixtures with maintaining a trust
in restraint of trade, the defendants
have entered a lengthy plea of not
guilty._
New Concern in Whale Business
Seattle, Dec. 27—Asking for bids for
the construction of a big fleet of new
whaling vessels, tho United States
Whaling Co., under the management of
Capt. Elnar Abrabamsen of Norway,
is entering tlie North Pacific whaling
industry on a huge scale.
Harry Was an Expensive Boy
Pittsburg, Dec. 29—Harry Thaw, the
slayer of Stanford White, was dis
charged from bankruptcy in thi6 city
today. The proceedings before the
referee in bankruptcy show tbe lia
bilities to have been over *'100,009,
while the assets amounted to only
*128,000. _
No Ragtime for the Sosfonesa
Boston, Dec. 29—At a convention of
the Music Teachers National Associa
tion just held here, it was unanimously
decided that the association should use
its utmost efforts to down rag tiruw
music, and at the same time discourage
cheeriDg by college students. After
this there will be no more rooting at
football games—maybe.
Engagement of Popular
Couple Is Announced
Although the parties seem to have
shielded the news carefully from their
friend* in the Iditarod, it was for a
Fairbanks paper to announce the en
gagement of Miss Gertrude Jones of
this city and Thomas Jackson, of Flat
creek, the wedding to take place some
lime in the late spring or summer.
Miss Jones is a popular young lady of
wide acquaintance in Dawson, Fair
banks and Iditarod. In the two former
places she was connected with the tele
phone exchanges and it was in Daw
son that Mr. Jackson first met her. The
groom-to-be is one of the partnership
known as the Guggenheims on the
Wildcat association on Flat creek
where they expect to take out a goodly
stake next season. The many friends
of the couple will be pleased to hear
of this promised culmination of an ex
tended romance.
Full line optical goods at Simpson’*.
Baird sells Bock c-igars.