#enuirlt Daihi (6atiuuaii
MEMBER ASSOCIATED MKESS
SEWARD, ALASKA, MONDAY, MARCH 13, 1933.
VOLUME XXIX. NUMBER 59.
PRICE TEN CENTS
BANK OF SEWARD
GIVEN PERMISSION
OPEN IMMEDIATELY
LOCAL INSTITUTION PERMIT
TED TO OPEN FIRST DAY OF
PRESIDENTIAL ORDERS
The Bank of Seward reopened
for business at 10 o’clock this
morning thereby ending the brief
local bank holiday which was
compulsory under a national man
date to all banks in the United
States by President Roosevelt. Au
thority to reopen came following
sending one and receiving of one
telegram.
The telegram sent by President
H. S. Balderston, of the Bank of
Seward, was to the Federal Re
serve Bank of San Francisco, in
which he asked “for permission to
resume business of all usual bank
ing functions except as otherwise
prohibited.”
This morning the following tele
gram wras received from the Terri
tprial Banking Board authorizing
permission to reopen; the cable
gram is published in it’s entirety
and is sell-explanatory.
Bank of Seward,
Seward, Alaska.
The President has by decree au
thorized the appropriate authori
ties in each State t-o give licenses
to banks under their jurisdiction
other than members of the Feder
al reserve system to open for the
usual normal business, or in their
judgement may deem wise, notifi
the„ proclamation, to permit such
reopening under such restrictions
and limitations as they in their
judbement may deem wise, notifi
cation of ttje decree from the
Treasury Department stating it
will be expected that State super
intendents in granting licenses
under the authority will take under
consideration in determining their
own oolicy the general principle to
be adopted by the Tresaury as re
spects member banks; that in the
interest of depositors and the
country as a whole only sound
institutions will be permitted to
carry on all their usual functions
to the end that no bank will be
reopened on any basis that will
run the risk of being forced to
close again because of demands
which it is not able to satisfy.
Subject to the above authority,
the Banking Board grants your
bank permission to reopen Mon
day, March 13th. subject to the
following restrictions which shah
continue in effect until further
ordered by the Banking Boa^d.
1—Restrictions promulgated in
rules and regulations of the Sec
retary of the Treasury so far as
applicable, the payment of gold
certificates or bullion or the pay -
ment of currency for hoarding
purposes and foreign exchange
transactions being positively foi
bidden. „
2_A11 withdrawals from savmgo
accounts, ordinary checking and
commercial accounts, shall be re
stricted to amounts absolutely
necessary to transaction ol the
business of the community, it
being the purpose of these regula
tions to prevent hoarding or the
withdrawal of unnecessary
amounts of currency.
The officials and directors oi
each bank will be held to strict
accountability for the observance
of these regulations' and it shah
be their duty to so govern with
draw'als that legal reserve w 11 be
maintained at all times.
The Territorial Banking Board
Juneau, Alaska
uinra flow of
WASHINGTON, D. C., March 13.
—Liquor, open and unashamed,
may be flowing freely in the din
ing room of the better notels thru
out thecountry wi|hin a short
time as a consequence of the new
prohibition policy of Director
Woodcock.
The dry czar, as was announced
last week, has called off raids on
speakeasies by federal agents and
ordered further activities directed
wholly against wholesale sources
of manufacture and transportation
of liquor.
COAST CONFERENCE
CORVALLIS • .Ore., March 13, —
Oregon State’s Beavers nosed out
the Trojan quintet from Southern
California 35-33 in the first game
of the 1933 coast conference bask
etball series here. The Beavers led
at the half 19-16. After the South
erners started the scoring with a
field shot, they never again held
the lead.
MIGHTY GOLD HUNT
SAN FRANCISCO, March 13 —
The mobilization of 300,000 men
for a mighty gold hunt in Califor
nia, is the answer to the Nation’s
cry for more metal as a means of
providing sustenance and possible
profit for hunters, is being favora
bly considered by the Governor
and other officials.
HALF-BILLION CUT,
WASHINGTON, March 13. —
President Roosevelt’s halt-billion
dollar economy program involving
heavy cuts in veterans funds and
federal salaries was approved by
the House Saturday, 267 to 138,
after an open Democratic party
fight. Ninety-one Democrats de
serted their new chief executive’s
program to vote against cutting
the billion dollar annual service
men’s appropriations. The meas
ure now goes to the Senate, where
the powerful “veterans” block is or
ganised a'nd waiting to defeat the
bill. The Senate finance commit
tee has favorably reported the bill
and it probably will be passed
upon today.
At the White House, Frank
Hines, veterans administrator, as
sured President Roosevelt he would
be willing to speed thru cuts in
veterans allowances.
The House roll call climaxed a
bitter party quarrel which at one
time threatened several fist fights.
However, the bill w'as passed with
out change. It allows the chief
executive very broad powers to cut
virtually all types of veterans ex
penses.
LONDON. March 13. — King
George sent the following message
of condolences to President Roose
velt:
'•I am deeply concerned at the
heavy loss of life occasioned by the
disastrous earthquake in Califor
nia and would ask you, Mr. Presi
dent, to accept this expression of
my sincere sympathy to all those
who sustained bereavement or in
juries as a result of this calamity.”
WASHINGTON, D. C.. March, 13.
—In a message of confidence to
the nation Saturday night, Pres
ident Roosevelt announced that all
technical difficulties in connection
with his banking program had
been ironed out and that banks
would be opened progressively on
Monday; today, Tuesday and Wed
nesday mornings.
Banks which are members of the
Federal reserve system and which
are located in the 12 Federal re
serve bank cities will open today
Banks not members of the sys
tem but which are located in cit
ies having clearing house associa
| tions. will open Tuesday.
Banks elsewhere will reopen on
Wednesday.
There are about 250 cities with
clearing house associations.
All openings are to be by licenses
issued to Federal reserve mem
bers by Federal authorities and to
State banks by their state com
missioners.
“That there may be a clear un
derstanding as to just what has
taken place during the last fevT
days,” President Roosevelt an
nounced, “it is my intention, over
the National network, at 10 o’clock
Sunday evening. Eastern Standard
Time, to explain clearly and in
simple language just what has
been achieved and the sound reas
i ons which underlie this declara
tion to you."
DIRIGIBLE READY MAY FIRST
WASHINGTON, D. C., March 13,
—The Navy Department announc
ed it expected to deliver the new
dirigible Macon to the naval air
station at Sunnyvale, Calif., about
May 1. Thenew ship will be chris
tened at Akron, Ohio, today and
will make its first trial flight
March 30.
RELIEF AGENCIES PROVIDING
FOR ALL—AMPLE FOOD
SUPPLIES
LOS ANGELES, March 13, —The
Saturday night compilation of the
known dead from the earthquake
was estimated for the entire dis
trict at 132, with the possibility it
may mount to 250. At least 4,500
were injured.
Police reported 82 dead in Long
Beach with more than 1,500 injur
ed. Shock followed shock. Build
ings were shattered and debris
tumbled upon crowds in the main
thoroughfare, Pine Avenue. Home
goers were trapped and killed or
injured. Main Street was strewn
with debris, and people on foot and
in autos were crushed.
LAUGHED AND DIED
Walls of the Woodrow Wilson
high school fell, killed a boy, in
jured four others, who a moment
before were joking together as they
dressed after a track meet.
Members of families started in
frantic search for missing loved
ones.
Frightened by one of the quakes,
Mrs. Blanche Morris, 42, of Holly
wood, rushed through the kitchen
door of her home, tripped over her
cat and fell breaking her knee cap.
MASTS SHAKEN OFF
SAN PEDRO, March 13, —Police
said that two masts on the fam
ous Old Ironsides were broken by
the force of the quake. The ves
sel was lashed to a dock at the
time.
Santa Ana officials estimated the
damage there at between $500,000
and $1,000,000. Schools wrere order
ed closed pending examination of
buildings.
DAIRIES DONATE MILK
Hearing from relief work head
quarters it would be several days
before Huntington Park, Compton
and Long Beach wrould be cleared
of debris, the Los Angeles milk ar
bitration board voted to donate to
the Red Cross and Salvation Army
a daily allotment of 11.200 quarts
of milk.
The threatened food shortage in
Long Beach hits been averted but
hundreds of persons are tempor
arily homeless.
LITTLE LOOTING REPORTED
Navy, Marine Corps and regular
army detachments, were aided by
civil officers in assuring security
of porperty from possibFe looting
and vandalism.- The California na
tional guard patrolled Santa- Ana
and Anaheim Sunday, this pre
caution being taken primarily to
prevent looting of business houses.
At Garden Grove, a section sev
erely affected, with damage run
ning high. American legion men
were placed in charge and the
town closed to all visitors. Similar
precaution was taken at Buena
Park,
SCHOOLS CLOSE
LOS ANGELES, March 13.—The
Board of Education ordered all
city schools closed for a week to
permit of inspectors to determine
if school houses still are safe af
ter the damaging earthquakes of
the weekend.
SCORES ARRIVING
At the United Airport here offi
cials reported scores of persons,
I unable to get word from relatives
i in Long Beach, were arriving by
| airplane from points as far distant
i as El Paso, Texas. Twelve air
; planes were charteredby persons
unable to get thru Long Beach po
j lice lines. They awaited the lifting
of a dense fog to fly there for news
of relatives.
Wrecked buildings in Long Beach
included the California Home The
ater, Ward’s Drug Store, the 10
story Farmers and Merchants
Bank building and the Steamship
Salvage Companybuilding.
STEAM SHOVEL WORKS
In Los Angeles police roped off
two buildings opposite the City
Hall. The old Edison building, at
Third and Broadway, was roped
off to protect pedestrians in the
event weakened wills should col
i lapse.
j A steam shovel began tearing
down damaged walls in Compton.
Scores of ruined automobiles were
under wreckage along the main
streets there. The Compton Tele
phone building will be razed and a
new one constructed, officials of
the Southern California Telephone
Company announced. They said
buildings in Compton and Long
the telephone company loss of two
Beach would exceed $500,000
(Continued on i'eio* Three j
CONFIDENCE AND
FAITH OF PUBLIC
ESSENTIAL SUCCESS
_ i
BRIEF SUMMARY OF ROOSE
VELT’S BROADCAST LATE
SUNDAY AFTERNOON
WASHINGTON. D. C., March 13,
—President Roosevelt told the
nation Sunday night that the
banking system is ready to reopen
Monday on a progressive basis and
asked for renewed confidence and
faith by the people.
Catching a spare moment for
the first time in, his eight days in
the White House, the President
used the press and radio to tell the
people in his own words what has
been done and what he intends to
do.
He promised assistance of the
R. F. C., to Federal Reserve mem
ber banks to make sure the open
ing of sound, State and Territory
institutions outside the Federal
Reserve, with the warning that
some banks might not be reopened
at once but asked no concern be
felt, explaining they that probably
would be opened shortly.
Licensed banks will be opened
in 12 Reserve cities Monday; in
more than 250 cities with clearing
house^. association on Tuesday and
in otner communities from Wed
nesday on, President Roosevelt ex
plained.
REOPENING EXTENDED
He scored those bankers who
“had shown themselves incompe
tent or dishonest”, and asserted,
“it wTas the government’s job to
straighten out this situation, to do
it as quickly as possible and that
the job is being performed.”
He said confidence and courage
on the part of the people is essen
tial to the success of the plan.
“The question you will ask, is
this, why all the banks will not
be reopened at the same time. The
answer is simple. Your government
doesn’t intend the history of the
last few years shall be repeated.
We do not want and will not have
another epidemic of bank failures!
“If it is necessary that the re
opening of banks will be extended
over a period in order to permit
banks to make applications neces
sary and loans to obtain currency
needed to meet their requirements
and to enable the government to
make a common sense check up.
“It is possible when banks re-,
same very few people who have
not recovered from their fears may !
again begin withdrawals. I can j
assure you it’s safer to keep your j
money 'in reopened banks than j
under a mattress.’”
TOKIO, March 13.—The Cninese |
attacked in force at Fanchiakow, i
west of Hsihfehgkow, in southern;
Jehol Province, at dawn yesterday,
inflicting losses on the Japanese
garrison there, dispatches from
the war zone reported.
The Japanese reported 15 dead
and 20 wounded, including a cap
tain of the* artillery battery which
■was attacked.
1 VATICAN CITY, Italy, March 13.
Pope Pius XI. will make caustic
indictment of the world’s states
men today on their inability to ar
rive at a disarmament plan.
The criticism by the pontiff will
be part of a statement at a secret
j consitory, when he will nominate
'six cardinals, it was learned. The
’ Pope speaking only before the
I cardinals, will deplore the suspi
i cions or nations and international
■ disruption.
-V
“BOOTLEG’’ ATHLETICS
MONTCALM, N. J., March 13, —
Prof. Adam Leroy Jones, of Colum
bia University, leader in the cam
paign of the Middle States Asso
ciation of Colleges and secondary
schools to bring about the aboli
tion of all athletic scholarships,
belittled a fear that such act.-on
will develop “bootleg athletics.”
PAYMENT HOLIDAY ON AUTOS
SACRAMENTO, Calif., March 13,
Another moratorium bill was in
troduced in the State Assembly
providing a “holiday on payments
due under condition of sale con
tracts of automobiles and loans se
emed by motor vehicles and imple
ments of husbandray.”
BABCOCK RESIGNING
VICTORIA, B. C., March 13.— j
John Pease Babcock, assistant fish- I
ery commissioner of British Col
umbia and member of the Intema
itonal Fisheries Commission, re
signs June 1. However, it is stat
ed, Mr. Babcock, one of the most j
noted fisheries authoriites in Can-!
ada and the United States, will1
continue as a member of the In
ternational Fisheries Commission.1
_*_
I
IMPERIAL FLAG OF
GERMANY IS RESTORED:
RECALLS GLORIOOS PAST
BERLIN, March 13.—President
Paul Von Hindenburg issued a de
cree Sunday abolishing the red,
black and gold flag of republican
Germany and restoring the old
imperial black, white and red em
blem of prewar days.
Simultaneously the aged Presi
dent ordered the swastika, emblem
of the Hitlerite party, made offi
cial. In his decree the chief ex
ecutive said:
“Today when the black, white!
and red flag is flown at half-mast |
thruout the country in memory of I
the war dead, I decree from tomor- ;
row on, ending with definite regu- !
lations the flag question, the black, i
white and red flag and the swasti
ka are to be hoisted together.
These flags united the glorious
past of the empire and shall con
tinue to.”
NAVAL MANEUVERS
POSTPONED FOR WEEK
WASHINGTON, D. C., March 13.
—Naval maneuvers scheduled to
begin today off the Pacific coast
have been postponed a week to en
able officers and sailors to do
earthquake relief work in Califor
noa.
The change in Ians was ordered |
by Admiral Richard H. Leigh. I
commander in chief of the fleet, j
Further instructions for resump-1
tion of maneuvers, it was stated,
Leigh todaq.
will be announced by Admiral j
WASHINGTON, D. C„ March 13.1
—A smashing victory for President
Roosevelt in the first major tilt1
of Congress was forecast even by
Senatorial opponents in his de
mand that Congress give him un
precedented powers to shear $500.
000.000 or more from governmental
costs.
Approval Tuesday or Wednesday j
in the Senate without change was
seen, for the measure has already
passed by the House which would
permit the Chief Executive to
slash the Veterans benefits and
Federal salaries.
EVER) SINK IN SIN
REOPEN IM PER CENT
SAN FRANCISCO, March 13, —
Every bank in San Francisco will
respond on a 100 per cent with
drawal basis as soon as permission
can be' obtained from the Secretary
of the Treasury. This was the un
official but authoritive word re
ceived here.
It was based on unconfirmed re
ports that Washington officials
had assured financiers here that
their examination had resulted
in every San Francisco institution
passing the stringent terms nec
essary.
The nine clearing house banks |
made simultaneous application for;
a license to reopen. Presidents of;
the institutions announced they
hoped to be able to resume full op
j erations by today.
Stock exchange officials here
! were expected to meet soon to dis
| cuss plans for reopening as soon
[ as the New York exchange began
I operations.
MAKING CHANGES
NEW YORK, March 13, —The
Harriman National Bank did not
open for business today when oth
er Federal Rreserve members re
s led operations. At the bank it
was stated certain changes will be
made in the bank’s affairs as pro
vided in the new Bank Act.
OiE BEAUTIFUL
SEASIDE CITY IS
NOW SHAMBLES
AMATEUR RADIO OPERATORS
KEPT COMMUNICATION
LINES OPEN
LONG BEACH, Calif., March 13,
—This city, Saturday night, took
a shaky, unsteady step out of ite
shambles in defiance of the con
tinued rumblings and rocking of
the earth which, Friday night,
shook this once beautiful seaside
city to its core.
Reluctantly the fog which shroud
ed the deep gashes in once majes
tic buildings, lifted to give the
weary populace a glimpse of the
devastation which sent more than
70 to their death and injured per
haps a thousand others.
The damage alone in the city
was estimated at $25,000,000. The
latest estimate of the dead was 7a.
Thousands of homeless folk stood
at breakfast in City and Lincoln
Parks, after passing one or two
nights in the hills.
KEPA NET OPEN
Just after breakfast a piping hot
breakfast wras furnished the peo
ple wrho had seen their homes
shaken down over their heads.
The city is without postal con
tact, the postal building being unfit
and dangerous to enter. The new'
$700,000 building in process of
construction, an imposing stone
structure, was badly cracked.
Amateur radio operators and
stations, centered ijg. and around
Los Angeles, Long Beach, Anaheim,
San Diego, Santa Ana, Garden
Grove, Orange, Compton and other
little towns in Southern California,
were the first to take over the
communication system with the
outside world. The amateurs, who
had reliable schedules with points
such as San Francisco, San Diego,
Santa Barbara, handled hundreds
of radiograms for the public when
all other means of communication
were crippled.
A number of Los Angeles ama
teurs formed a net and kept the
outside cities posted as to the des
truction, number of people killed
and hurt and also helped in lining
up rescue work, ordering of Red
Cross supplies and general assis
tance. The radio amateur is to be
praised for the work done in time
of national emergency and need.
A service without pay. compensa
tion in any way, but yet a public
convenience and necessity.
PARIS. March 13—The Ameri
can dollar returned to pasity Sat
urday when the Banks of France
and England and the Federal Re
serve joined to check speculation.
They agreed to furnish dollars to
shorts in the tollar so they could
shorts in the dollar so they could
European groups stand to lose $1,
000,000 thru their short operations.
Dollar transactions will be official
ly resumed on the Bourse next
wreek.
ICE HOCKEY SCORES
Detroit 2, New York 3.
Chicago 3, Ottawa 3.
N. Y. Amer. 2, Boston 0.
JMESE CABINET
TOKIO, March 13. —Japan's de
cision to resign from the League of
Nations because of its condemna
tion of her Manchurian campaign,
was approved by the cabinet.
In addition to the two years no
tice of resignation, the documents
include notification of Japan’s in
tention of retaining the former
German islands in the Pacific
which she holds under League
mandate.
The islands are of vital strate
gic and communications value and
their possible fortification would
be of concern to the United States.
NON-ATHLETIC ACTIVITIES
NEW YORK, March 13.—Seven
ty-seven kings’ crowns have been
awarded to Columbia College stu
dents by the king’s crown board,
it was announced by Benjamin a
Hubbard, graduate treasurer of the
board. The award is the highest
recognition for non-athletic activ
ities.