VOLUME XVI. NUMBER 29.
SEWARD, ALASKA, THURSDAY, FEBRUARY 5, 1931.
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PRESENTED THIS TERM
OF CONGRESS
WASHINGTON, Feb., 4. UP)—
Spurred by bank failures in re
cent montlis. members of Con
gress expect to lay the ground
work at this session for the most
important banking legislation
since the Federal Reserve act.
The clash between the unit
rank proponents and the group
or chain bank advocates prom
ises to precipitate a battle during
this session.
The house banking and cur
rency committee, which has been
making an exhaustive study of
group, chain and branch bank
ing, hopes to complete the gath
ering of information during this
session and may make recom
mendations for the newr Congress.
A sub-committee of the Senate
committee on banking and cur
rency is conducting an inquiry
under a resolution providing
for a complete survey of the
national and federal reserve
ranking systems, and recom
mendations for legislation as
soon as practicable.
A bill introduced by Represent
ative B e e d y, Republican o f
Maine, would authorize national
banks to establish or acquire
tranches within the limits of
the respective federal reserve
districts.
A measure sponsored by Rep
resentative Strong, Republican of
Kansas, is designed to prohibit
group or chain banking.
A bill introduced by Repre
sentative Goldsborough, Demo
crat of Maryland, would restrict
hain and branch banking.
Representative Me F a d d e n’s
measure wrould authorize the
omptroller of the currency to
•xainine each federal reserve
oank, and every member bank
-nd affiliated corporation of such
bank
SUM REINDEER
TREKING TO HH
PORT ARTHUR, Ontario,!^,
(A5)—N. H. Dimond, one of the
owners of the Dimond Reindeer
company, St. Michael, Alaska,
and Charles Botesom, owners of
the Dimond reindeer ranch at
Grand Marias, Minnesota, ar
rived at Lakehead to arrange for
grazing privileges in the Lake
><ipgon area.
They plan to bring 1,000 rein
deer from Alaska soon. It is said
the climate is well suited and
that reindeer moss is plentiful.
One who had ocassion to be up
early a few mornings ago, report
ed that for about one-half hour
s series of light quakes “shim
mied.”
REPORT CONFIRMED
PLYMOUTH, England, Feb., 5,
(/P)—it has been confirmed that
nine were killed and three offi
cers seriously injured when the
Royal Air Corps seaplane dove
|into the sea and exploded, as
| was first reported yesterday.
I _—_
CITY PEOPLE EAGER
TO MOVE BACK
TO THE COMM
I HUNDREDS OF THOUSANDS OF
PEOPLE MAKE APPLICA
TIONS HOMESTEADS
! WASHINGTON. Feb., 5. (A5)—
i Thousands of city dwellers are
!seeking homesteads in the West
at the rate of 400 to 600 a day.
! Land office employes say the
I same thing occurs in every per
iod of depression.
Most of the letters come from
the thickly populated centers of
the East and from Central
United States. Many are from
i farmers of the East seeking a
chance, while some are from
the white collar class.
During the fiscal year which
ended last June, 434.550 home
| stead entries were recorded over
the number of the past year. It
| is thought this year will see an
increase of 500,000 to a million.
NEW THEMIS TOPPLE
BUILDINGS III DUE
TIE. NEW Mi
NAPIER, New Zealand, Feb., 5.
| UP)—New tremors toppled stand
ing buildings about the rescue
squads today.
Napier and Hastings are speed
ing complete evacuaiton and
this city sent an appeal to the
railroads at Wellington to fur
nish rolling stock to remove the
: populace to camps w^here they
can be cared for until sanitary
conditions are resiShred.
The death toll is mounting and
it is believed the total will ad
i vance to 1,000 with several thou
sand injured.
OCEAN LINERS POWERED
BT RADIO HI FUTURE
LONDON, Feb., 4, (JP)—Speak
ing in a somewhat whimsical
vein the Earl of Inehcape, ship
ping magnate, envisioned a pos
sible future day when ocean lin
ers would be propelled, heated
and lighted by wireless from a
: central power station ashore, or
i even by the shackled rays of
the sun.
“What the future may hold
expressed in power units and
| their application,” he said, “no
iman alive today can foretell.”
FOUL CHARGES
MSI BUTLER
BUTLER AND COUNSEL SAY
NEXT MOVE IS UP TO
DEPARTMENT
WASHINGTON, Feb., 5, (A3)—
With copies of the formal charg
es against General Smedley But
ler served on the Marine and
Navy departments in the hands
of said department, it has not
been decided whether or not to
make them public.
At the same time, Vanderbilt,
jin Phoenix, Arizona, said that
j the General had misquoted him
jin telling of the Mussolini inci
dent.
The Navy department had
previously said publication was
up to Butler. Butler’s counsel
last night told Navy and Marine
officials that his client and him
' self have not sought publicity
nor avoided it, or endeavored to
prevent publication, but thought
that the department should de
j cide the question.
1 1
I USD Bill FIGHT
OPENS. BEFITS TIE
EBISCO EXAMINEE)
Says the San Fransieo Examiner
of January 19:
ANCHORAGE. (Alaska), Jan. 18.
—(INS)—Uncle Sam is about to
I have private opposition to his
; Alaskan railroad.
Following announcement from
| Washington that Secretary of the
| Interior Ray Lyman Wilbur had
| favored a 50 per cent increase on
! freight and a possible 40 per cent
; passenger increase for the rail
; road, a delegation of Anchorage
i business men today were on their
! way to Seattle for the purpose of
| purchasing a steamship o op
lerate direct to Anchor. in com
petition with the railroad.
A similar effort failed two years
ago, when the railroad refused the
use and service of the Govern
ment dock here.
Under the new rates the cost
of freight on a ton of groceries
from Seattle to Anchorage would
be $46 as against $33 at present
Simultaneously comes the an
nouncement that the White Pass
Railroad is contemplating drastic
cuts in its rate in order to cap
ture all interior business.
A representative of the Pacific
International Airways of Alaska
is said to be conferring with of
ficials in Fairbanks on the pro
posed establishment of an air
passenger route to Seattle, with
rates lower than the railroad.
MASONIC SERVICE
The Seward Masons Lodge
held private Masonic funeral ser
vices at 2 p. m. today for H. E.
D. Wallace, whose remains will
be sent East for interment.
BRONZE AGE GRAVES
KISKEROS, Hungary, Feb., 5,
(/P)—Sixty graves of the bronze
age, about 4,500 years ago, have
| been found by the school master
near this town in the center of
! the Great Plain of Hungary. The
| Hungarian National Museum is
| supervising excavation work,
i_____
MI OF SMITH
TO POWER OFFICE
ISSUE IS UNPRECEDENTED IN
HISTORY OF COUNTRY,
IT IS SAID
j WASHINGTON, Feb., 5, (/P)—
iThe Senate considers today Seh
I ato* Walsh's resolution to test
jin court Chairman Smith’s, of the
I Power commission, right to of
j fice after voting 40 to 33 reject
i ing Smith.
j Although President Hoover re
1 fused the Senate request to re
turn the nominations for recon
sideration, he was put into office.
The issue involved an unpre
cedented action in American his
i tory.
I The Senate voted to reconfirm
i the nominations of Commission
ers Marcel Garvaud and Claude
; Draper but the dispute arose af
j ter three of the five commission
I ers were dismissed as members
S of the commission staff.
MURDERESS RELESSED
IT JIT AFTER TWELKE
TEARS II PRISON
SEATTLE, Feb., 5, (/Pi— Ruth
Garrison, poison murderer of
i Mrs. Douglas Storrs, wife of
Ruth’s sweetheart, a deputy
| sheriff here, was granted her
| freedom from the criminal in
Isane ward of the State peniten
tiary after 12 years.
A superior court jury was out
35 minutes after a three-day
: hearing.
! Ruth was immediately releas
|ed. The jury decided she was a
safe and sane person to be at
large.
MAGNETOGORSK, U. S. S. R.
Feb., 5,(/P)—Here are some fig
ures to show the size of the Rus
sian job in building this new
“steel city:”
Its ultimate population, it is
estimated, will be 80,000—and its
estimated cost will approximate
$400,000,000.
Annual capacities of the com
pleted steel plant are to include
2,670,000 tons of steel, 2,500,000
tons of pig iron, 2,100,000 tons of
rolled metal with ultimate ex
pansion to 4,000,000 tons of pig
iron.
E1LMD GAPES
III FORD PUNT
ON THAMES BANK
NO TWO AREAS PRESENT THE
SAME PROBLEM, CLAIM
ENGINEERS
DAGENHAM, England, Feb., 5,
(/P)~Before a wide-awake con
gregation of conservative British
industry, Henry Ford’s engineers
are rearing here a brain-child of
concrete, glass and steel in a
huge automobile factory.
In this structure, which takes
advantage of *>very stray beam
of English sunlight, workmen
I will have “ no more privacy than
! goldfish” as they assemble 1,000
; automobiles daily when the pro
duction peak is reached.
Built on land that v/as for
meriy a “spoil bank” on the
I Thames, the factory also serves
| to reclaim a large section of
| waste land.
S Even as the Chicago packers
'are heralded as using all the hog
save the squeal, so will the new
factory take advantage of the
| surroundings.
The electrical equipage of this
I new factory will have a cops hty
. equal to the requirements of a
'city of 250,000. Production is fore
cast for the fall of this year.
Driving approximately 13,500
piles 50, 60, 70 and even 80 feet
. into the ground, no two areas of
| the 500 acres reclaimed present
ed the same problem to engin
j eers.
THElWlffi
A. Juneau 9, A. Can. 12%, Ban
i corporation 24, 24%, Cities 18,
Cons. Gas. 92, Zellerbach 5%.
Durant 1%, Motors 38%, Gold
man 7, Int. Tel. 27, Kennecott
23%, Lehigh 6%, Radio 16%,
! Richfield 5, Stand. N. J. 47%,
! Carbide 60%, Union, Calif., 23%,
j Steel 141.
TOOK NINE IBEtsT
AGREES PHI EINE BE
PLANTING THOUSAND
NEW YORK, Feb., 4, (£>)—
A citizen of New York State is
still paying one of the strang
est Christmas debts so far re
corded.
WTien charged by an officer of
the state conservation depart
ment with cutting down ever
green trees on forest ..reserve
land to sell as Christmas decor
ation, he was fined the custo
mary penalty of $10 for each
tree.
But unable to pay the fine, he
begged to be permitted to work
out his penalty by replacing the
nine trees with 1,000 more.
Under this agreement he has
since been busy repaying his
debt to the scenic beauty of the
state.
Army vs High School
Tonight 8 o’clock Sharp