VOLUME XXIX. NUMBER 55.
SEWARD, ALASKA, WEDNESDAY, MARCH 8,1933.
PRICE TEN CENTS
BUNKS INSPIRED Bl
' FRESH HOPES, EIRLlf
LIFTING BF UBS
I
WASHINGTON, March 8,—The
hanking; federal reserve system is!
opening its coffers to facilitate J
financing of necessities and regu
$ lations have been clarified. Banks j
in many localities prepared for
more general lightening of bur
dens in the third day of the iinan- j
cial paralysis.
With a special session of Con
gress Thursday there are more
! distinct stirrings and business and
banks are inspired with fresh
hopes of an early lifting of the |
clouds of uncertainty.
Yesterday’s partial reopening of i
banks was somewhat restricted by j
conflicting interpretations of the
regulations. Tire scrip idea is be
ginning to wane as reserve banks
** began to provide members banks
with currency.
Both Washington and New York j
opinion is that the federal reserve
system provided a ready-made
means of emergency issuing of;
currency and it is said to be gain- j
ing ground, while the plan of hav- j
ing regional clearing house groups j
issue scrip or certificates had be
come involved in difficulties when j
means were sought to make such
a medium nationally negotiatable.
*> A permanent cure for the na
tion’s financial ills is rapidly tak
ing shape and the moral of the
nation is at a high plane with in
dications visible on every hand of
returning confidence.
FEDEI.5: IH 5T5TE
WASHINGTON. March 8'T h e j
prohibition bureau has issued or
ders to agents not to molest speak- ,
easies in the future. Director;
Woodcock said such an order has!
gone out but he v/ould not give
details immediately. He planned j
to issue a statement later.
Director Woodcock said this
move is made necessary by the j
fact that the appropriation bill
for the next fiscal year provided |
no funds for speakeasies restric-j
tions. Activities for prohibitions
agents were written into the sup- j
ply bill for the Justice Department;
by Congress at the recent session.:
Agents will concentrate on j
sources of liquor and supplies and j
leave speakeasies to the States, j
Most States have repealed liquor
laws.
WASHINGTON. March 8. —The
strategy of Secretary of Treasury
Woodin and his aides now in
charge of the country’s banking
structure to return the country to
a normal currency basis rather
than on a scrip basis, insofar as j
that is possible.
A strong inference of this inten
tion was drawn from orders relay
ing that restrictions on currency
payments set up in the President’s
proclamation declaring a national
holiday
BERLIN, March 8,—Mme. Mag- |
da Lupescu, companion of King j
Carol of Rumania, yesterday gave |
birth to a son, advices from Buch
arest stated.
Mme. Lupescu accompanied King
Caol when he rejected the Ruman
ian throne and went into exile
and upon his return to the throne
in 1930, Mme. Lupescu followed
him back.
Anna Folger was granted a di
vorce from Nels Folger by default
at Ketchikan.
DRAFT APPROVED
! TOKIO, March 8,—Japan’s de
i termination to withdraw from the
League of Nations becomes more
apparent as Japanese forces rest
ed after taking over the last im
portant pass thru the Great Wall
of China, south of Jehol City. The
Cabinet approved draft of com
munication which is expected to
be submitted to the League March
! 20.
RODStVELT IVES
SMI TO RESTORE
CONFIDENCE OF PEOPLE
WASHINGTON. D. C., March 8 — |
Backed by the Governors of al-j
most every state, President Roose
velt moved steadily forward to
restore the confidence of the peo
ple as the first step toward the
success of his sweeping program
for economic and financial recov
ery.
He planned to center his atten
tion today on conferences with
Cabinet ministers and banking ex
perts in rounding out the propo
sals that will be submitted tomor
row to Congress.
The President was hopeful that
the public would react swiftly to
his plan to open new bank ac
counts which can be drawn upon
at once.
Money put into such accounts
must be kept available by the
banks, deposited in the Federal
reserve banks or invested in gov
ernment bonds.
BUILD UP NAVY
WASHINGTON, March 8,—Score- j
tary Swanson in -his first press
conference as head of the Navy. |
said that he would make every ef- !
fort to build the American Navy
up to the limits of the London
Treaty as scon as conditions per
mit.
1
WASHINGTON, March 8-Presi- j
dent Roosevelt accepted the resig- j
nation of Theo. Roosevelt, Jr., as.
Governor General of the Philip
pines.
The President simuitaniously an-j
nounced the reappointment of j
John II. Holiday of Missouri, the j
present Vice-General of the Is
land. All'. Holiday will be acting
Governor General after Governor
General Roosevelt sails for the
United States as he hopes to do
March 24.
NO HOLIDAY
PORTLAND, March 8—Scorning
the bank holiday, two bandits heid
up the Union State Bank here* and
fled with $10,000 in actual money.
Harry Mix, cashier, fired three
shots at the men as they escaped
in a new automobile.
FISH WHEEL HOT
MIT BE DECIDED BV
VOTE OF THE PEOPLE
The Columbia River fish wheel
bill, passed by the House in
amended form, will be referred to
the people if it receives Senate ap
proval, Representative Judd of
Clatsop County, at the mouth of
the Columbia River, predicted.
Terming it “the most vicious bill
i introduced this session,” Judd said
he was certain fishing interests
would be able to obtain enough
signatures to refer the measure.
Fish wheels were abolished several
years ago by popular vote.
A lobby fight to reconsider the
bill changing the deadline on fish
wheels in the upper Columbia ap
peared certain as game officials
declared they had been “double
crossed” by The Dalles interests
The bill passed the House in
amended form, placing the dead
line for wheels at the mouth of
the Deschutes River instead of
, down below the falls on the Co
lumbia.
SCRIP SITU1ITIQN IS
EXPLAINED T9 HUG:
question debated:
WASHINGTON, D. C., March 8,— i
j Scrip to be issued by cities'" under
[ supervision of federal authorities
: will be put in circulation in this
j way:
If you work for John Smith &
Co., and the company has plenty
of money in the bank, but under
the banking moratorium it cannot
get any to pay you. The company
goes to its bank or to the city
clearing house; there it obtains
the amount of scrip needed to
meet the payroll.
The scrip is handed out to you
and your fellow workers. You spend
it and as it finds its way back to
the clearing house the amount is
charged off against the company’s
bank balance.
Whether the government should
issue national scrip is one of the
questions still being debated by the
Treasury officials in their unceas
ing rounds of conferences with
bankers, economists and legisla
tors.
The scrip situation yesterday i
was as follows:
Blanket authorization was given
to clearing houses to issue scrip.
Such scrip may not be issued be
fore Friday, March 10, without spe
cial authorization from the Sec
retary of the Treasury.
II. S. EMBASSy LODGES
STUB PROTEST BERLIN
THEM IMEfflCMS
BERLIN, March 8—The United!
States Embassy here lodged a ;
strong protest with the German j
Foreign Office against the beat-j
ing of three American citizens by j
Nazi storm troops of Chancellor j
Adolf Hitler and demanding that
Americans be protected by the
German Government.
Tlie representation was made
by first Secretary of Embassy Al
fred W. Kliefcth on instructions
from Ambassador F r e d e r i k M.
Sackett who is ill.
Nathanial S. Wolf of Rochester.
N. Y., Henry Salter of New York
City, and Edwin Dakin, writer of j
Hannibal, Mo., were the victims of j
the attack.
BERTHED. IS LEASED
Schwa bacher's Wharf, historic
terminal at the foot of Union St.,
in Seattle, w-here the steamship
Portland landed the consignment
of treasure -which started the
Klondike gold rush of 1907, has
been leased by L. C. Healy and
Eliott R. Henderson from the Sch
wabacher Lands Company.
Healy was with W. F. Jahn. &
Co., for nearly 10 years, operating
Piers 11-A and B for that firm.
Henderson is a Seattle business
man. J. C. Carrol, manager of
the Schwabacher Wharf and an
employe at the dock for many
y6ars, will continue in his old po
sition under Healy and Henderson.
The Wills Navigation Co., will
retain their offices at the wharf
under the new management
Not only the Portland but the
gold ship Humboldt, which brot
tons of treasure from Alaska to
Seattle, berthed at the Schwabach
er Pier.
10 PERCENT INCREASE
PHILADELPHIA, March 8, —In
order to stimulate business and
bring back confidence and a nor
mal purchasing power to consum
ers, the Globe Union Mfg. Co., or
dered a 10 percent wage increase.
DRAFT COMPLETED
TOKIO, March 8—A draft of
Japan’s formal withdrawal from
hte League of Nations has been
complete' dand ^ .11 go before the
Cabinet at 4 p. m. today for ap
proval, the newspaper Asahi said.
Who’s Who
in the Cabinet
I
ATTORNEY GENERAL
Homer Stille Cummings—lawyer.
Born Chicago, 1870; Ph. b. Yale,
1891, LL.B-, 1893. Admitted to bar,
1893, and since in practice at
Stamford, Conn.; mayor Stamford,
three terms, 1900-01, 1901-02; cor
poration counsel, 1908-1912. Del. at
lg. Dem. Nat. Convs., 1900, 1904,
1924; memb. Dem. Nat. Com. since
1900 (v-chm., 1913-19., chm., Feb
26, 1919-20). Candidate for Cong.,
Conn., at large, 1902, for U. S. Sen
ator, 1916; temp. chm. Dem. Nat.
Conv., San Francisco, 1920; chm.
Com. on Resolutions, Dem. Nat.
Conv., New York, 1924; State’s
Atty- for Fairfield, Co., Conn., July
1, 1914-Nov 1, 1924 (resigned); dir.
First Stamford Nat. Bank, Pres,
j Mayors’ association of Conn., 1902
I 3, Stamford Bd. of Trade, 1903-09.
! Mem. Conn. State Council Defense,
! 1917. Home, Stamford, Conn.
___
AMERICAN SHARES
USED FIRM TUESDAY
ON LONDON MARKET
I LONDON, March 8. —Favorite
i American shares closed firm in
j dealings Tuesday with buying re
ported from Montreal.
Canadian Pacific closed at 12 1-2,
up one: International Nickel 10 7-8,
up 7-8ths; U .S. Steel 39 1-4, up
3-4, London equivalents.
In most instances Kaffirs closed
at the highest levels touched dur
ing the day.
Official trading was permitted
! in all foreign currency except the
American dollar.
FIRST FREE STROLL
NEW YORK. March 8—Rest and j
a round of conferences prefaced |
his first stroll among fellow citi- J
1 zens in four years without a sur-;
rounding secret service guard‘
made up Herbert Hoover’s program;
as a private citizen.
DALLAS. Tex., March 8. —Be
cause the baby swallowed twro
dimes, the E. P. White family w’as
down to 25 cents in cash.
Mrs. White left two dimes and a
quarter on a dresser and went to
buy food- The coins were all the
money in the house. Patsy Ann
Burns, 22-months-old granddaugh
ter, swallowed the dimes like pills
and then tried to persuade the
grandmother to swallow the quar
ter.
DECREASING
LONDON, March 8,—The unem
ployed in Great Britain on Febru
ary 20, totaled 2,850,000, a decrease
of 46,000 in a month.
KING IMPROVING
LONDON, ftjirch 8, —King
George, confined to Buckingham
palace with a head cold, wras con
siderably improved.
OLD
FORT SMITH, Ark., March 6,(IP)
—Neighbors of young M. D. Wag
non of Bond Special community
turned back the pages of time
when he was married here and cel
ebrated with a “log-rolling” anent
the gay 90’s.
Sixty-four men and women at
tended the celebration. The menj
went into the woods early in the
morning, cut logs and built a
house containing two rooms 14
feet square, while the women'
plied their needles making quilts. •
The Gateway’s meteorological i
department reports the coming
summer will be similar to tnat of,
a few years ago when 105 days
straight of sunshine—no rain—was
enjoyed.
FILM PROBLEMS
HOLLYWOOD, March 8, —With
an ultimatum from producers that
all activities at all studios cease
unless drastic paycuts are made by
all and employees placed on an
eight-week period, Union Labor
leaders and officials of the asso
ciation of motion picture produc
ers are to confer on the problem.!
Studios will remain open pending!
settlement.
i
JUDGE POSTPONED
ARRAIGNMENT KILLED
imm FOR ONE 9AY
—
MIAMI, Fla., March 8, Arraign
ment of Guiseppe Zangara, slay
er of Mayor Anton J. Cermak of
Chicago, in a bungled attempt to
assassinate Franklin D. Roosevelt
here February 15, was postponed;
by Judge E. O. Thompson until;
Thursday on motion of defense;
counsel.
A request for delay was based j
upon the desire of the appointed'
counsel to confer with Zangara
and to determine what his pleas;
to a charge of first degree murder j
shall be.
Zangara, garbed in a flowery,
shirt and straw-striped trousers j
and two-tone tan shoes, was smil-;
ing and joking as he was brought!
into the courtroom. He maintained
his air of contempt distain of his j
possible death in the electric1
chair. “Me no sorry,” he said re-,
peatedly.
DEFENDED TITLE
NEW YORK, March 8, —Jim
Browning of Missouri defended
successfully his claim to the world
heavyweight wrestling champion
ship by throwing Sammy Stein of
New Work in 46.48 minutes of their
scheduled finish match before 19,
009 fans in Madison Square Gar
den.
EXPECTED JUDD SCniP
NEW YORK, March 8,—Prepara - \
ations for a minor business boom |
were being made by merchants in j
; New York and thruout the coun- l
try with the approacning issuance!
of clearing house scrip as a sub- j
stitule for money during the Nat
ional banking holiday.
For almost a week in the New •
| York area and longer elsewhere.
; buying has been kept down to a
| minimum. People have been
! hoarding money and holding back
! necessary purchases.
_*_
SHORT-LIVED
ATHENS, March 8,—A short-liv- j
ed military dictatorship in Greece
came to an end and administrative |
power changed hands for the I
fourth time in 24 hours.
NEW ALASKAN HISTORY
j Archie W. Shiels of Bellingham,
t who has one of the most import
! ant libraries on Northwest Ameri
I cana, has written and published a
new volume, “Seward’s Icebox”. In
it he summarized the history and
development of Alaska from March >
30, 1867, the date of the purchase j
of the Territory from Russia, to;
1932.
I
!
The privately printed edition of;
500 copies is dedicated to the j
memory of M. J. Heney, veteran
railroad builder.
Shiels’ book is not the result of
a summer’s cruise. It contains the
gathered facts of a boy who grew
to manhood working his way up
from purser on Alaskan ships to
the presidency of the Pacificj
American Fisheries, one of the1
world’s largest salmon canneries. !
Shiels bosses the company’s own
fleet of ships, not only to bring
down the canned saimon, but to!
take gome hunters, Russian priests i
and school teachers to the
outer posts on the Aleutian Islands
and along the Bering Sea.
FEDERAL RESERVE BANKS
OPEN COFFERS FACILITATE
NECESSARY FINANCING
WASHINGTON. March 8,—The
bank situation has been further
relieved as Federal reserve banks
opened coffers to facilitate financ
ing of necessities.
Secretary of Treasurer Woodin
told reserve banks they could give
currency to members banks for
necessary purposes in exchange
for gold or gold currency.
There are indications that the
administration would move toward
controlled currency expansion un
der the Glass-Steagall Act. Decis
ion as to whether the National
scrip idea will be abandoned is ex
pected soon.
President Roosevelt after the
immediate emergency, met with
leaders and will lay a complete
banking reorganization plan before
Congress.
A1 Smith of New York said State
scrip board banks will open in
various localities for such opera
tions as financing for food, medi
cine, payrolls and making change.
Some food commodities, notable
hogs, rose in price.
Clearing house scrip plans are
being held in abeyance pending
final word from Washington.
Checks against bank balances
are pronounced good for income
tax payments due March 15.
Millions of people every where
continued to say “charge it.”
The unity of the people is a
source of great satisfaction to the
new administration.
BANK RESTRICTIONS
Film RELAXED TO
MEET EMERGENCIES
WASHINGTON, March 8,—Bank,
holiday restrictions were further
relaxed Tuesday to permit limited
action to meet payrolls. This step,
vital to millions of employees thru
out the country, followed similar
exceptions to insure that food,
would be available during the
emergency.
Acting under authority granted
in the Presidential proclamation,
Secretary of the Treasury Wooden
issued orders that subject to cer
tain restrictions any bank could
resume usual functioning to meet
absolute needs of its community
with respect to food, medicine,
payment of wages and salaries,
relief of distress, currency for
necessary expenditures and for
maintaining employment.
ALLEGED KIDNAPPER
SLASHED THROAT, WRIST
DENVER, Colo., March 8.—One
i of Charles Boettchers. 2nd., kid
nappers was arrested last night in
his hide-out in the South Dakota
hills and attempted to commit sui
cide by slashing his wrist and
throat in the jail at Chamberlain.
S. D.
Chief of Police A. T. Clark an
nounced the prisoner is Arthur
Youngberg. A confession was said
to have been made.
I
I TOKIO, March 3,—The Chinese
marshal Chang Chiso Liano who
has been directing the campaign
against invaders, resigned as mili
tary overlord for North China.
He assumed the blame for the
loss of the province to the Japan
i ese. Jehol City is being occupied
| by Japanese and the last import
• ant gateway in the region to fall
I to the invaders. It is 65 miles
northwest of Peipin. The next
, move of the Japanese is awaited.
The Juneau High School Rifle
dub has been issued a charter by
National Rifle Association,