■=>iuuax*il
VOLUME XXIX. NUMBER 56.
SEWARD, ALASKA, THURSDAY, MARCH 9, 1933.
PRICE TEN CENTS
GOVERNOR PUS |
SEES BLUE miini!
HOVERING. ALASKA
REFUSES TO JOIN THE PROCES-!
SION FORMED BY PRESI
DENT ROOSEVELT
,
JUNEAU. March 9, —Sounding'
a pessimistic note wholly out of
harmony with that of the national
administration, Gov. George A.
Parks in his message to the open
ing session of the Legislature
stressed the statement that the
Territory was entering the most
critical period in its history, point
ing to developments within the
past fewr days as “unusual and un
forseen changing of the economic
situation as possibly having a far
reaching effect upon our indus
tries and revenues. No one can an
ticipate' what may develop within
the next few days.”
In advocating retrenchment in
the cost of Territorial government
the Governor recommended the
suspension of all bounties covering
wolves, eagles, coyotes, hair seals,
trout destruction, aid to fairs, and
subsidies.
He advocated reduction oi ro.tu
appropriations to $100,000. "in or
der to provide funds for schools,
pensions, unemployment relief and
destitution, and other social wel
fare activities.”
He said it was impossible to con
struct the new Pioneers Home as
had been provided for. He advised
consolidation of relief and welfare
work under the sole authority oi
the Governor. He advocated a
change in the educational system
to permit of the creation of in
corporated school districts with a
limited school tax levy, and the
reduction of teachers’ salaries
eight and a third per cent and 10
per cent change in refunds; the
change of the position of Commis
sioner of Education from an elec
tive to an appointive office.
Governor Parks declared that
Territorial unemployment relief
was dangerously near the dole,
a n d recommended delegating
authority to the Governor to co
operate with municipalities in the
work of relief, and furnishing not
more than 50 per cent of the funds
needed.
LEGISLATURE IN SESSION
JUNEAU, March 0, —A resolution
introduced by Senator Campbell of
Anchorage in the Senate for the
appointment only of Alaskans to
Federal offices in the Territory,
passed Wednesday.
The House passed a resolution by
Taylor calling for the immediate
appointment of a governor
Both Houses passed the Hess
bank stabilization act giving the
banking board power to grant hol
idays to banks, suspend deposits
in whole or in part, and issue reg
ulations cla rsifying withdrawals.
The measure went to the Gov
ernor this morning, and is expect
ed to receive his approval and be
come law Friday.
MB OF KOBE CULT
TlEITEi TO SI
WINNIPEG IITUT
WINNIPEG, Man., March 9, —
Peter Verigin, leader of the Douk
hobors, and only recently released
from a deportation order, tanta
lized the Canadian government
with a threat to lead his 16,000
followers in a nude parade from
their Western settlements to Win
nipeg.
He will form such a parade, he
announced, if Ottowa authorities
deny his request for a royal com
mission to investigate the whole
Doukhobor situation.
ACTRESS CLEARED
LCS ANGELES, March 9, —Dor
is Kenyon, film actress and widow
of the late Milton Sills, was clear
ed as guarantor of an $8,000 note
endorsed as a favor to Cornelius
Cole. She thougnt she was simply
vouching for Cole’s character.
CIVIL WAR THREAT
VIENNA, March 9, —The So
cialist party voiced a threat ox!
civil war while the National So
cialists scoffed at any attempts by
Dictator Chancellor Engbert Doll
fass, to suppress demonstrations.
No matter what may be the motive
oi the government, Nazi leader
Alfred Frauenfield said the estab
lishment of a dictatorship is cer
tain to help Hitlerites.
TflUNSPORT MINE S
ENBOUTE10 SLISKI j
EMI SIN PEOi
SAN PEDRO. Calif., March 9, —
The U. S. S. Argonne departed for
Alaska Wednesday for the purpose
of participating in the survey of
the Aleutian Islands which was be
gun last season by the U. S. S.
Gannet.
At Seattle the Argonne will be
joined by the minesweepers Swal
low, with the Gannet leaving San
Pedro next Saturday, followed by
two amphibian photographic
planes on Monday which will join
the survey fleet in the Aleutians.
Another minesweeper will follow
later, and the fleet will be under
command of H. A. Badt, instead
of Commander Hyatt, who wras in
charge last season. Commander
Hyatt is ill aboard the hospital
| ship Relief.
[ The expedition will number 600
i men, including in addition to the
Navy personnel a number of civ
ilian experts.
BLANKET NUTH08ITT
BE ASHED BK CHIEF
EXECUTIVE DF CBNCHESS
WASHINGTON, D. C., March 9,—
Fulfilling his inaugural pledge to
seek wartime powers if necessary
President Roosevelt w'as to ask Con
gress today for blanket authority
to deal with the emergency sit
uation.
While the President’s first con
cern is the banking situation, he
has also been hard at work on
plans to carry out his pledge to
balance the budget through federal
; economies.
s The President discussed banking
remedies in his first conference
: with more than 100 newspapermen
, who crowded about his desk in tne
; executive office.
Under the direction of Budget
I Director Lewis W. Douglas, the
Roosevelt program of federal re
| trenchment and consolidation is
rapidly taking form.
PEIPING, March 9, —The Japan
ese invasion of China itself start
i ed yesterday. Chinese military
| headquarters reported.
1 An official communique issued
last evening reported that the
Japanese had bombed Chinese
I troops fleeing in panic southward
! along the Peiping highway, 15
miles inside the Great Wall.
The air raid occurred over the
Kupeijou area, a pass through the
ancient but no longer impervious
barrier.
The Japanese bombing of Chin
ese troops almost wdthin sight of
Peiping, the ancient capital, left
the city terror-stricken in fear.
THE WEATHER
Fairbanks 20 above, part cloudy
and a south wind; Nenana 20
above, cloudy and a south wind;
Healy 12 above, cloudy and south
wind; Broad Pass 14 above, Dead
Horse 12, Anchorage 1 below; Bird
12 above, Portage 2 below, Tunnel
0, Grandview 12 above, Hunter 40
above, Moose Pass 0, Lakeview 12
above, Divide 16 above, Seward 32
' above, mild north wind.
All clear and calm except as
noted.
SCRIPT PLANS ARE
WASHINGTON, D. C„ March 9 —
The Roosevelt administration has
abandoned its script plans. Instead
it has decided to rely for addi
tional currency chiefly on regular
elastic privileges of the Federal
reserve system.
These are far from being
stretched to the limit and there is
room for expansion to meet the
current shortage of cash.
Behind the sudden decision to
abandon script lie three major
considerations:
Local script would be of such a
variety as to cause vast confusion
in actual business transactions. It
would amount to a form of print
ing press money.
Banks are still hoarding huge
sums of cash or assets which may
be converted into cash through
the Federal reserve system. This
apparently can be considered a
rigid form of currency expansion.
The best information is that the
government now contemplates ad
ditional currency chiefly of the
same kind hiterto issued by Fed
j eral reserve banks but without the
j words, redeemable in gold.
BILLIONS IN NEW
CM IS BEK
PAINTED. WASHINGTON
WASHINGTON, D. C., March 9.—
1 Electric lights are blazing in the
Bureau of engraving printing de
partment these nights as three
! shifts of workers hasten printing
of crisp new Federal reserve notes.
The order for speed came from
| the Federal board March 4, bureau
officials said, and workers began
i immediately the printing of bills
of higher denominations—five to
| $10,000 bills.
j The machines are now turning
j out bills in denominations of $5
I to $50. The bureau had been work
I ing one regular shift previous to
I March 1.
WASHINGTON. D. C„ March 9,—
| It was announced that since the
year 1030 the government has been
making a survey of the gold hold
ings in the nation and not only
knows the amount, but where it is
and the name of every person hav
ing appreciable quantities on hand.
Overnight the government could
commandeer this gold if condi
tions warranted.
If this gold is not volitionaliy
forthcoming should necessity arise,
it may be forced from its hiding
by taxation.
SEIMISSLEEPy
REFUSED TO GET IIP
-
| COLON", C. Z., March 9, —Sena
tor Bronson W. Cutting of New
Mexico held up the touring French
line steamer LaFayette for 30 min
utes in quarantine by refusing to
get out of bed when called.
“I’ll get up when I am good and
ready,” he retorted when urged to
come out of his stateroom.
He dressed at leisure and pre
sently emerged.
AT THE SAME OLD STAND
j SAN FRANCISCO, March 9, —
: Pawn shop operators in this city
do not consider themselves bank
: ers and have been remaining open
| throughout the banking holiday.
A grass fire at Porcupine City
called out the Seward volunteers
today. The spreading fire was
soon quenched with no particular
damage to the landscape.
PRESIDENT RND PRESS
EXTENDED CONFERENCE
WASHINGTON, D. C., March 9
Taking a radical departure from
the customs of his predecessor’s of
fice, President Roosevelt yesterday
held an extended conference with
Washington newspaper corres
pondents, discussing every phase
of his program for stabilizing the
country .
The newspaper men were pleag- j
ed not to quote the President dir- j
ect and to accept formal bulletins, j
The conference, as announced by
the President, was for the purpose
of keeping the press of the nation
fully informed of all proceedings
so that misunderstandings and
confusion cannot result.
It was the first time a President
of the United States had talked
direct to newspapermen since the
Harding administration.
President Roosevelt settled back
in his chair and let the queries
come thick and fast. Two sten
ographers made a word by word
record of the questions and an
swers.
ABSOLUTE CONFIDENCE
| ORMOND BEACH, Fla., March 9,
! —John D. Rockefeller, Sr., retired
• oil magnate, halted in the midst
of his daily round of golf to ex
press absolute confidence in the
banking system and government
of the United States.
WASHINGTON, D. C., March 9
Here are the features of President
I Roosevelt’s program placed before
| Congress:
Authority for additional expan
sion of Federal reserve currency
instead of script.
Gradual resumption of banking
functions through relaxtion of the
bank holiday provisions.
limited extension of the four
day national moratorium which
expires tonight.
Protection of the nation's gold
supply.
Identical treatment for national
and state banks under the holiday
regulations.
Drastic federal economies and
! federal reorganizatoin to relieve
the tax burden.
Protection of the nation’s credit
structure.
WOQDIN IS STUNNEO
IN ADMIRATION PEOPLE
WASHINGTON, D. C., March 9,—
Secretary of Treasury Woodin
opened his press conference by
saying:
“I am stunned in admiration at
the cooperation of the people of
I this country during this crisis. We
see light here. Things aren’t going
to pieces. Things are going well
due to the aid of the people in ail
parts of the country.”
mu BANK ACT
DETAILS SET FORTH
JUNEAU, March 9, —The bank
stabilization act passed both of
the Houses of the Legislature and
is now in the Governor’s hands
for aproval.
The act provides that banks
may declare a holdiay and close
for five days. Upon approval of the
banking board, a further holiday
of 90 days may be declared, with
part payments on checking de
posits. All deposits accepted dur
' ing the 90-day period must t ac
, cepted as trust funds, to be check
ed against accordingly.
ALASKA LEGISLATURE
JUNEAU, March 9, —The Terri
torial House passed a resolution
addressed to President Roosevelt
recommending the appointment of
a governor who is conversant with
the needs of the Territory. The
Senate passed a resolution urging
the appointment of only boni
fide Alaskans, those who live in
Alaska, not former residents, to
various positions.
ALLOWED ARMAMENTS
PARIS, March 9, —Apprehension
on the part of France that Adolph
Hitler may announce a program
for armament on a par with other
nations will possibly be one of the
principal topics for discussion be
tween Premier Ramsay MacDon
ald of England, English Foreign
Secretary Sir John Simon and Pre
mier Deladier of France.
It is understood France will see
to prevent such a pronouncement
by Hitler through concert action
on the part of the big powers dir
I ected in the form of a pronounce
ment against Germany.
The suggestion of a dictatorship
for Austria is gaining force in the
increased sentiment for Hitler, pre
saging early cementing of an
Austrian-German union, which is
believed to be close at hand
DIVORCE AFFILIATIONS
NEW YORK, March 9, —The
Chase National Bank of New York,
the largest bank in the world, will
take immediate steps to divorce
its security affiliations with the
Chase Securities Corporation Win
throp W. Alrich, chairman, an
nounced.
pbicesmateI
NEW YORK: BOOM IS
LOOKED FDR, PRODUCE
NEW YORK, March 9. —Food
: prices are fluctuating nervously
j in New York markets as whoiesal
j ers and retailers are unable to
| foretell the source of business and
j the working of the law oi' supply
! and demand under the banking
j emergency.
! Wholesale wheat prices rose
; sharply in one per cent advances.
Butter and eggs advanced in
j the wholesale market;; produce
merchants said booming prices
were certain unless the free flow
of produce from grower to market
was quickly assured.
DOLLAR STAGED RECOVERY
PARIS, March 9. —The Ameri
can dollar staged a sharp recovery
in unofficial transactions here yes
terday when traders were apprais
ed of the Woodin statement that
script plans had been abandoned.
JIM SEES NOTICE
imSHUTS
GENEVA, March 9, —Japan last
night served formal notice on the
world that she intends to increase
her armaments.
In an official note to the League
secretary the Tokio government
announced Japan will continue to
participate in the international
conference despite her intention
to withdraw from the League of
Nations.
TODAY IS THE END
SEATTLE, March 9, —Today
marks the adjournment of the
State legislature and shelving of
hundreds of bills and measures;
uncompleted business.
STARR GASSING UP
j The SS Starr, Capt. Arthur Ryn
ing, heaved off her binding haw
sers today at the San Juan dock
and moved over to the oil dock to
gas up for the March 11 sailing to
Westward ports.
BUNK HOLIDAY MAY
BE EXTENDED A FEW
BAYS MODE, CONGRESS
WASHINGTON, D. C., March 9,—
An extraordinary session of Con
gress convened today for the pur
pose of enacting legislation to im
mediately relieve the banking sit
uation. This is the last day of the
Roosevelt bank holiday, but it may
be extended if -conditions warrant.
The currency bill now under
consideration calling for extend
ed new currency issuance may not
have the backing of gold, but it
will be issued on the same basis
of treasury notes having the back
ing of government bonds.
It was announced by Chairman
Steagall of the House committee on
banking, that the committee be
lieves the national banks will be
the first to reopen, with state
banks following.
The sudden flurry in the price
of foodstuffs have left conditions
! about the same with the exception
i of pork, which dropped on the
Chicago market after the earliev
upward movement.
President Roosevelt announced
■ today that he was satisfied with
' the outlook.
CURRENCY EXPANSION
IS DECIDER UPON TO
USE PRESENT CRISIS
WASHINGTON, D. C.. March 9,—
Expansion of the currency was do
J cided upon, yesterday by the Fed
' eral government to ease the hank
f hig crisis. Tliis means about $2,
800.000.000 additional Federal re
; serve currency can be issued.
The proposal to place the gov
ernment’s credit behind a national
issue of script was abandoned.
Congress probably will be asked
to give statutoiy authority for
further controlled curi'ency expan
! .sion.
Federal disavowal of script on a
nation-wide scale was announced
by Secretary of Treasury Woodux,
while clearing houses throughout
the country had or were about to
1 circulate this form of money.
4
DEM IN IDE DM OE
SAN FRANCISCO. March 9, —
| As the Southern Pacific "Lark"
! sped southward toward San Mig
; uel shortly before 2 a. m„ and
passengers slept snugly in their
1 berths. W. H. Thompson, the en
' gineer, died in his cab.
A heart attack was believed the
i cause. Engineer and firemen had
j checked signals together only three
miles from the place where Mr.
Thompson collapsed.
The body was taken from the
train at Paso Robles and is being
returned to Mr. Thompson’s home
city, San Jose, for funeral services
RUSSIA'S OFFICIlT
REFUSAL RECEIVED
GENEVA, March 9, —Russia’s re
j fusal to adhere to the League of
j Nations assembly’s Sino-Japanese
report, was received here y ester
j day.
Maxin Lithuaneff, Russian com
misar for foreign affairs, stated
in the communication that Rus
sia also refuses to join the Leag
ue’s advisory committee on the
Manchurian situation.
IMPORTANT VICTORY
SACRAMENTO. Calif., March 9,
—Opponents of the bill to abolish
capital punishment in California
won an important victory when
the assembly committee on crime
, problems gave the measure unan
! imous approval after adopting two
amendments.