Valdez Daily Prospector!
PUBLISHED BY THE
Prospector Publishing Co.
TERMS.
Daily Prospector.
By carrier, per month.11.00
By mall, per annum.10.00
The Weekly Miner.
By carrier, per month.♦ .40
By mall, per annum. 3.00
The Dally prospector and Weekly Miner
hy carrier to one address, per
month .....11.25
the Dally Prospector and Weekly Min
er by mall to one address only, per
year .212.50
Business Office and Editorial Rooms,
’Phone 152.
Advertising: Rates on Application.
FRIDAY, NOVEMBER 6, 1914.
THE WEEK IN BUSINESS.
Trade in many departments con
tinues to show the irregularity noted
ever since the outbreak of the war;
. or, more correctly, ever since the first
of the present year. A few lines show
great activity, due in part to extraor
dinary war demands, but in gener
al conservatism is strongly in evi
dence. Economies are being put in
effect wherever possible, both by in
dustrial establishments and by the
people generally. These economies,
W'hile they are resulting in a consid
erable increase in the total amount
of capital which must soon or late
seek investment, mean also reduced
consumption, and by necessity reduc
ed production.
The iron and steel industry is work
ing on a 50 per cent, basis; building
operations the country over have de
creased by 30 per cent. The railroads
are suffering from diminished earn
ings, with little prospect of relief
in sight until the Interstate Com
merce Commission acts in its own
good time; capital is not to be en
listed in the production of new en
terprises.
While the tendency is to charge
the existence of these conditions to
the war, the war has had little to
do with them directly. Charles G.
Dawes, formerly controller of the cur
rency, calls attention to the fact that
if the war should cut off one-third
of our entire foreign trade it would
mean but a reduction of one-third
of 1 per cent, in the total business
of the country, that being the propor
tion between our domestic trade and
our foreign trade.
But our foreign trade, small as its
importance in comparison with our
domestic trade, is rapidly coming
back to the normal. Exports are av
eraging greater in amount now than
they were before the war. Our trade
with no country save Germany and
Austria is now adversely affected by
the war.
The amount of money in circulation
in the United States is the greatest
ever known. It is 38 per cent, great
er, according to treasury statistics,
than it was fourteen years ago. It
is greater than that in any other
country in the world.
There must be an explanation oth
er than the war for the present in
tense conservatism. The true expla
nation is that everyone is more or
less afraid of congress, and of th»
workings of the new laws affecting
business which it insists on passing.
What the country has asked and
-which congress has refused to grant
it is, as stated by one of the most
ardent newspaper champions of the
'present administration, “wise encour
agement of industry rather than the
heavy hand of restraint.”
Still a change for the better may
be expected when the new banking
system gets fairly in effect.—Ex.
THE IRON MASTERS OF ESSEN.
“Great oaks from little acorns
grow.” So with the house of Krupp,
which had its inception in a small
forging plant near Essen that one
time did not have sufficient business
to support it
The founder of the line, Freidrich,
who was born at Essen, endeavored
to make cast steel, the secret of
which was carefully guarded in Eng
land. And in 1810 he founded a small
forging plant near Essen for the pro
duction of cast steel after a process
he had evolved. Mint dies, stamps
for buttons, etc., were manufactured,
but so small was the demand, the
works could not be kept in opera
tion. And soon after 1820, Krupp
was obliged to give up his house to oc
cupy a one-story laborer’s cottage
near his plant. The hut is still pre
served in the midst of the present
gigantic establishment.
Shortly after his death, however,
the first of the present-day Krupps
, confided to his son, Alfred, the sec
ret of making cast steel, which the
laifeV developed successfully. Alfred,
with the indomitable perseverance
that captivates the imagination, con
tinued in the face of mountainous
difficulties his endeavors to Improve
the manufacture of steel.
Then came the Krupp opportunity
—the great exhibition at London
in 1861. The obscure Rhenish steel
maker from Essen electrified the mil
itary universe with a six-pounder of
flawless cast steel. Since then the
German army and navy have bought
29,000 Krupp guns. And 30,000 Krupp
guns have been sold in the last half
century to 52 nations throughout the
world—23 in Europe, 18 in America,
six in Asia and five in Africa.
But the Krupps have never manu
factured munitions of war for France.
Alfred Krupp’s breech-loading rifle
and cannon, adopted by the Prussian
army in 1861, proved their superior
ity in the Franco-Prussian war. From
then on the factory became world
famous for its manufacture of heavy
ordnance and armor plate. Under the
next Krupp the output of the gun
factory was increased and diversified
by the incorporation of other enter
prises.
And now the Krupp von Bohlens
not only have the immense plant at
Essen, which comprises an- area of
1,200 acres, 235 of them under one
roof, but many other plants as well.
At Essen, at the three neighboring
15-mile long gun ranges of Meppen,
39.000 men are employed.
i At Krupp colleries in Rhineland
Westphalia and Silesia, 10,000 miners
dig coal for Krupp branch works at
Annen and Gruson, where armor
plate is made, and for Krupp blast
turnaces at Rheinhausen, Druisburg,
Ncuwied and Engers, which, between
them, keep another 15,000 pairs of
hands busy.
At Kiel 6,100 shipwrights build bat
tleships, torpedo boats and subma
rines in Krupp’s 55-acre Germania
dockyard.
In Germany and far away Spain
5.000 miners are disembowlling ore
from Krupp iron mines, which, in the
case of that mined in Spain, is ship
ped in Krupp steamers that unload
their burden at Krupp docks at Rot
terdam, there to be transshipped
down the Rhine.
For all those employes the krupp
payroll totals $25,000,000 a year.
When the last of the Krupp men
(lied he gave the Krupp works to
Bertha, his oldest daughter, now 28.
She married, after a love affair at
Borne, a young Prussian diplomat at
tached to the. legation there, Dr.
Krupp von Bohlen, und Halbach. He
is now managing director of the vast
system of which she is sole own
er. He no longer is merely Bertha
Krupp's husband, however. He no
longer' is simply the man who mar
ried the greatest fortune in Germany.
He has become the master of Essen
in reality. The 75,000 members of
the Krupp staff, and the community
of 300,000 souls dependent upon
Krupp employment, today look up to
Krupp von Bohlen with the same
spirit of reverential royalty that in
spired three generations of workmen
to regard Krupps as their liege lords.
In "The Mfn About the Kaiser,”
Frederick William Wile paints about
the couple a happy picture. The vast
bulk of their time, he writes, is de
voted to their home, their three chil
dren and their work people.
The social work of the Kruppsat
their foundries and factories among
their work people dates back to 1861.
At that time, finding there were not
in Essen sufficient houses for their
employes, the Krupps began building
dwellings. Now, some !400 houses
are provided, many being given rent
free to widows or former employes.
A co-operative society divides pro
fits according to the amounts pur
chased. A boarding house for bach
elors now accommodates. 1,000. Bath
houses are provided, and employes re
ceive free medical attention. Acci
den*, life and sickness insurance so
cieties among the men are given
$60,000 a year by the firm for their
support. There is a trust fund of
$250,000 for the benefit of the needy
who are not qualified to receive pen
sions. There Is also a fund for a
building association. And technical
and manual training schools are pro
vided.
“Altogether,” sums up Mr. Wile,
“the Krupp von Bohlens are inspir
ing reminders that the age of luxury
and splurge is still adorned by folk
to whom great riches can never be
a curse.”
And it is in the hands of the Krupp
von Bohlens that the fate of Germany
may rest.—Pittsburg Dispatch.
LOCAL BREVITIES.
Representative Robert Gray arrived
in Valdez this morning from Katal
la.
A Kitchen Queen table for sale
cheap. Enquire at Prospector. tf
Just arrived Fall and Winter hats
and coats at Harvey’s Toggery. tf
FOR RENT—Furnished house with
bath; close in. 120 both phones.
FOR SALE—One new, ready to run
3% horse power Fulton engine. Com
plete equipment. No wires; no
batteries. Enquire at this office.
Suits pressed for $1.00 at Silver
man’s the tailor. Telephone 198.
FOR SALE—Oak extension dining
table, chiffoniers, etc. Guy F. Cam
eron.
LOCAL BREVITIES.
Select your Christmas presents now
at 50c on the dollar. Plant & Co.
Suits pressed for $1.00 at Silver
man’s the tailor. Tel> phone 198.
Ladies leather and silver hand bags
at 60 per cent. off. Plant & Co.
New Hot Point electric neaters,
cooking appliances and six-pound
irons arriving at the Emporium. Op
en from 1 to 9 p. m. tf
C. O. Jensen was admitted to citi
zenship this morning by Judge F. M.
Brown.
W. L. Smith, Chris and Scotty Sin
clair will leave in the morning for
Portage bay, where they will spend
the winter prospecting.
I If you want to buy Granite stock
see John Emel. tf
Solid gold and gold filled watches
with all kinds of movements at 50c
on the dollar. Plant & Co.
.. Shorthand Class Meets Tonight.
The shorthand class to be conduct
ed by Judge F. M. Brown will hold
its first meeting this evening at the
school building. All those who in
tend to take the course should at
tend the first meeting and bring
their notebooks.
Jeweler.
Tod Winter, the jeweler, is now
located at E. Winter’s store and is
prepared to do all kinds of jewelry
repairing. Nugget jewelry made from
your own designs. Expert watch re
pairing. All work guaranteed. tf
One dollar watches at 50c. Plant &
Co.
Taxes Due.
Taxes for the Town of Valdez for
the year 1914 are now due and pay
able at my office, in the Valdez Elec
tric Company office, in the Copper
block. Taxes will be delinquent on
Monday, December 7, 1914, at 0 o'clock
p. m. and unless paid prior thereto,
a penalty of 10 per cent, will be add
ed to the amount and interest at the
rate of 12 per cent, per annum.
No interest will be allowed on town
warrants in payment of taxes after
Latest War News!
Santa Claus Breaks Through the German Ranks
With Toys for S. Blum & Co.
It is generally understood that the United States has
been importing most of its Toys and a great many Holi
day Novelties from Germany, and that owing to the war
all importations have ceased. Limited supplies, how
ever reached this country prior to the declaration of
war, ond owing to the presence of our MR. KRAMER IN
EASTERN MARKETS at the RIGHT TIME we have
been able to secure a large and well assorted stock of
Toys and Christmas Novelties
We are now busily engaged in opening and displaying
these goods, and in a few days we will be ready to have
our many patrons call and inspect them. You will not
be compelled to send out for anything, either on account
of assortment or price. OUR PRICES WIIX BE AS
EOW AS THOSE IN THE STATES.
Respectfully,
November 1, 1914.
Office hours: 10 a. m. to 12 m.
and 2 p. m. to 4 p. m„ except Sun
days. Dated this 4th day of Novem
ber, 1914.
E. G. AMES,
Town Treasurer.
Photos by American Press Association.
German Guns and Russian Cossacks
The machine guns of the German army are expected to play terrible
havoc with the enemies of the kaiser. The gunners of the German army are
agreed to be the moat expert In the world. The Russian Cossacks compose
the flower of the splendid army of the czar. They have no fear of the
withering fire of the machine guns.
WIRE COILS TO ENTANGLE SHELLS.
Photo copyright, 1914, by American Press Association.
The Germans took thousands of colls of win with them from Hamburg ;
Into Prance and used them as protection against artillery fire. The H1* wen 1
placed In front of trachea to smother shells that fell la them.
Copper River Lumber Co., Inc.
ALL KINDS OP
Native and | | Tli^DCD and Building
Puget Sound L U lViOllilN. Material
CONSTANTLY ON HAND
Prices Right YV. M. FINICAL, Mgr. Phone 18
Patronize a Home Industry
ALASKA
STEAMSHIP CO.
S. S. Mariposa and S. S. Alameda sail from Seattle
the 1st, 8th, 16th and 24th
EVERY MONTH
From Valdez south-7th, 15th, 23rd and 30th for Cordova,
Juneau, Ketchikan and Seattle.
Regular freight service for Ketchikan. Juneau. Sheep creek Treadwell, Douglas*
Cordova. Ellamar. Valdez and Latouche. Explosives. S S Seward. S S Seward. 5th*
S S Latouche. 15th: S S Cordova. 25th of each .month—Right reserved to change this
schedule without notice.
F B. Tracy, Gen’l Agt- Valdez Dock Co., Local Agt
Pacific Alaska
Navigation Company
Alaska Pacific S. S. Co. Alaska Coast Co.
PUGET SOUND-ALASKA ROUTE
Steamers sail from Seattle
Nov. 15th, Dec. 5th and 25th
via the Inside Passage for Ketchikan, Juneau, Yakutat, Ka
talla, Cordova, Valdez, Seward, Cook Inlet points and Kodiak.
PUGET SOUND—CALIFORNIA ROUTE
Seattle-San Francisco, connecting with steamers Yale and
Harvard for southern California ports.
Bight reserved to change dates and steamers without notloe
VALDEZ DOCK CO.
Local Aftst 1
I BcrtTltt IN H>Nt> I
FULL
QUART
BOTTLED IN BOND...
Has Had no Peers for Fifty Years
SOLD BY ALL DEALERS _