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VOLUME XXV11. NUMBER 195. SEWARD, ALASKA, WEDNESDAY, SEPTEMBER 23, 1931.
PRICE TEN CENTS
MANY EMLOYEES ARE
EFFECTED BY WAGE GUT
OF LARGE INDUSTRIES
NEW YORK, Sept. 23. (^—An
nouncement of the impending wage
cuts of steel, motor, rubber and
copper industries was the subject
of a variety of interpretations. Or
ganized labor proclaimed that the
resistance of some of the financial
writers is attributed to the “not
game” business leaders.
It is believed that the step, which
led to wage reduction, will hasten
the revival of business.
Formal statements of the corpo
rations involved merely stressed
that the unsatisfactory business
conditions at present made the new
standards necessary. The value of
the U. S. Steel Corporation’s 10 per
cent cut affects some 220,000 em
ployees. Bethlehem Steel, followed
by the Youngstown Sheet and Tube
Company, and also the General Mo
tors announced a 10 to 20 per cent
cut for 2,500 salaries.
The employees of the U. S. Rub
ber Company announced a five-day
week, meaning a reduction of about
nine per cent in the wages of 25,
000 employees.
The American Smelting and Re
fining Company and the Utah Cop
per Company announced a 10 per
cent cut.
WAGE REDUCTION
NEW YORK, Sept. 23. (^)—The
United States Steel Corporation an
nounced a wage reduction of 10
per cent. The industry has been
on an unproductive basis a state
ment said.
LOUGHRAN GETS DECISION
NEW YORK, Sept. 23. (/P)—Tom
my Loughran decisioned Joe Sek
yra, Dayton heavyweight in a 10
round bout. Loughran weighed 183 |
and Sekyra 177. Loughran, a fav- j
orite as a result of his recent vic
tories, was pressed hard but beat
back the determined fight of the
challenger who had Loughran in
distress in the seventh round.
FIVE MEN KILLED
DETROIT, Sept. 23. (£>)—Five men
were killed and a sixth injured ser
iously when a sewer which they
were repairing in Dearborn col
lapsed, burying them beneath tons
cf dirt.
# •&’
CHAPLIN AND GANDHI
LONDON, Sept. 23. (^—Mahat
ma Gandhi and Charlie Chaplin
met yesterday. “Very charming
man,” Gandhi said of Chaplin.
“Most interesting figure,” Chaplin
said of Gandhi.
* * *
LIEUT. BOURNE DROWNED
WASHINGTON, Sept., 23, (/P)—
The Navy Department received
word of the death by drowning of
Lieut. Albert R. Bourne, attached
to the Nicaraguan National Guard
Detachment of the Marine Corps.
No details were reported
* ■*' ❖
BAN TO CONTINUE
NEW YORK, Sept. 23. (/P)—The
ban on “short selling” by the board
Exchange, lifted because of reports
of governors of the New York Stock
on short positions by members, j
must continue. It is believed this
will serve as a check on activities
and make the bears more cautious.
EVANS LEAVES SEATTLE
SEATTLE, Sept, 23. (/P)—The SS
Admiral Evans, of Pacific Steam
ship Company sailed from Seattle
this morning at 10 o’clock and car
ried 22 passengers. There were no
first class or steerage passengers
fo Seward when the vessel left.
JAPANESE CABINET FAILS
DECIDE AIINCMI POLICY
TOKYO, Sept. 23. (/P)—As a cab
inet meeting broke up here with
important questions of Japanese
policy in Manchuria still undecid
ed, formal announcement was made
of the dispatch of more Japanese
troops from Korea into Manchuria,
i The Minister of War proposed to
the cabinet the sending of addi
tional men into southern Manchu
ria, but he was opposed by the
Foreign Minister after five hours
of debate. The extraordinary ses
sion was adjourned until today.
SHOOT DOWN AIRPLANE
TOKYO, Sept., 23, (#)—Fresh
fighting broke out at Peitaying,
northern suburb of Mukden
Chinese forces were said to be
attacking the town which was the
first point captured by the Jap
anese Saturday morning. A Muk
den dispatch to the Rengo News
Agency said that Chinese troops
shot down a Japanese military air
plane at Husinati, 10 miles north
of Mukden.
WASHINGTON, D. C„ Sept, 23.
(/P>—The American government re
gards Great Britain’s suspension of
the gold standard as likely to im
prove the economic conditions of
England and elsewhere in the
world.
It was made clear in the highest
quarters that so far as the United
States is concerned it may bring
stronger competion to certain ex-1
ports where the American business!
is in competion with products of!
other nations.
BIG FISH CARGO
When the SS Starr left the Port
of Seward this morning the vessel
carried 150 barrels of salted salmon
bellies fom Sanak, 146 barrels of
salted salmon bellies from False
Pass, 37 tierces of salt herring from
Makushin, and many bales of dried
codfish from Unga and a large con- !
signment of fresh codfish.
HENRY NERMAN APPOINTED
JUDGE SUPREME COURT!
OLYMPIA, Wash., Sept. 23. (/P)—i
Governor Hartley announced the!
appointment of Henry E. T. Her- ?
man, Spokane attorney, to the1
State Supreme Court bench to sue- 1
ceed Judge Mark A. Fullerton, who!
died September 15.
Herman is classed with the wets;
and carried his views to the Re^ j
publican State Convention at Bel- ;
lingham where he is credited with |
being the leader of a movement;
which gained the anti-prohibition!
expression from the convention. ]
Nels Michaelson, age 72, passed
away recently in Petersburg, ac
cording to the Petersburg Press.
'
KING GEORGE SIKES
ASSENT TO [UNO'S
SOLO SUSPENSION ACT
! -
i
LONDON, Sept. 23. </P> — King
! George gave assent to the govern
; ment’s bill suspending the gold
j standard. Among the reactions to
‘this action were:
| (1) The pound sterling, hereto
i fore pegged at a value of $4.86, now
j will seek a truer value estimated
[between $4.00 and $4.40, probably
j nearer the latter figure,
j (2) New York and Paris ex
changes, representing the nation’s
! controlling the world’s gold supply,
| remain open, steadying after early
| declines. Berlin, Vienna, Brussels,
'Tokyo and other exchanges closed
; to await results in England.
(3) Despite the abandoning of
I the gold standard, the British pub
lic remains calm, showing no signs
i of unwarranted panic.
(4) Chancellor Snowden of
Great Britain urges an intemation- j
al conference to establish values
land discuss the gold standard.
(5) President Hoover invites
Premier M. Laval of France to con
i fer on world problems in Washing
| ton, reliable sources indicating that
; Laval will come to Washington
within six weeks.
"WE WANT BEER" IS
PLEA MADE TO HOOVER
B( TRUST? SOLDIERS
DETROIT, Sept. 23. (/P) —‘Our
first duty is to the people of the
United States.” This sentence, in
serted in President Hoover’s ad
dress at the last moment before the j
American Legion in which he urged
them to renounce their demand
for a bonus, brought the World war
veterans to their feet in cheers.
However, at the conclusion of
the speech, which was received re- ;
spectfully and enthusiastically, the j
soldiers broke out in a ribald!
chant, “We want beer.” This j
seemed to be the tenor of the con- !
vention.
Many of the Post headquarters
had been raided the night before;
by a flying squad of prohibition!
agents and the boys were angry j
and showed it. The President told ,
the soldiers the government rev- \
enues had been cut in half since j
the depression set in.
STANDARD UNCHANGED
WASHINGTON, D. C., Sept. 23.
(A*)—President Hoover’s anxiety to
maintain the present standard of
living, it was said at the White
Hou^e, will be unaltered despite j
the wage cuts of leading corpora- j
tions.
AMERICAN IJ5AGUE
St. Louis 5, Boston 2.
Chicago 2, Washington 7.
Philadelphia 8, Detroit 6.
NATIONAL LEAGUE
Philadelphia 2, Pittsburgh 3.
Brooklyn 6, St. Louis 3.
Only National games played.
PACIFIC COAST
Oakland 5-8, Seattle 4-7.
Sacramento 4, Portland 5.
Missions 5, Los Angeles 10.
Hollywood 1, San Francisco 3. ]
VESSEL LEAVES BARROW
POINT BARROW, Sept. 23. (/P)~
A favorable wind opened a small
lead to the south, allowing the
schooner Balchimo to leave at day- j
break. Barrow is in the grip of j
winter.
WANT CONVERT BOXER i
INTO MEDIEAL SHIP
SEATTLE, Sept. 23. (A*)—Repre
sentatives of the Bureau of Indian
Affairs here are urging that the
schooner Boxer, on her last voyage
in the supply ship service, be con
verted into a medical vessel for
Southeastern Alaska.
There is need for such a craft at
Juneau to carry physicians and
nurses to isolated native villages
in that part of the North.
They said the Boxer, a former
Naval training ship on the Atlantic
coast, was only loaned by the Navy
Department to the bureau. She
must be returned to the Navy be
fore it can be commissioned a med
ical vessel.
The new supply ship for the bu
reau is to be launched by the Berg
Shipbuilders in December.
FINAL DIVIDEND
NEW YORK, Sept. 23. (JP)—'The
Calumet Arizona Mining Company
declared its final dividend of $2.50
payable October 18 to stockholders
on record for October 3. The divi
dend declaration resulted from an
agreement under which the above
company is to be merged with the
Phelps-Dodge.
PANGBGRN AND HERNDON
TRY FDR DISTANCE MARA
TOKYO, Sept. 23. UP)—Pangborn
and Herndon said it would be about
a week before they would be able j
to start on their hop from Tokyo !
across the Pacific ocean.
They said they had been delayed
in the outfitting of their plane and
with the installation of additional
of additional fixtures. The fliers
also said that they might abandon
their idea of landing in Seattle and
might try for a long distance record.
Seldovia has been assured of a
central high school, and this may
be a possibility in 1932, according
to the Seldovia Herald.
William Weir, aged 54 years, died
of heart complications in Peters
burg recently, reports the Peters
burg Press.
NEW MINING PIPED
STARTS IN EL PASO
EL PASO, Texas, Sept. 23. </P>— ;
“American Gold Miner,” a new <
weekly newspaper which will be '
devoted to a review of the news 1
of the mining industry of the ]
United States, Mexico and Canada,
and especially gold mining ac- ;
tivities, to be published here, made
its initial appearance Saturday, .
August 15.
The paper is edited by Fred L.
Miner, who is widely known as a ,
mining writer and mining operator ]
in Colorado, Nevada and Califor
nia during the past 30 years. Be- i
lief that El Paso is to become 1
one of the great mining centers 1
of the Southwest induced the se- ;
ection of this city as headquarters. :
Ml COLD omen
CHS EXCITEMENT
N. T. STOCK EXCHANGE
NEW YORK, Sept. 23. (/P)—A gold
brick appeared on the floor of the
New York Stock Exchange. It
proved to be real gold brick which
Ben Smith, prominent operator
who recently returned from Alaska,
had.
The large lump of gold is valued
at $30,000. The precious metal was
escorted to the post at which gold
mining stocks were dealt in and
soon attracted much more atten
tion than the stock quotation*.
Incidentally, the gold shares are
having a little upward flurry. The
brick was borne into the exchange
by two men. It weighed about
1,500 ounces, troy weight.
NANKING, Sept., 23, (/P)—
China's flood horror was spread
before the eyes of Colonel and
Mrs. Charles A- Lindbergh as they
flew their monoplane over north
ern Kiang-Su Province on the
first of a series of survey flight's
they volunteered to aid the flood
relief commission.
In four hours and 40 minutes of
flying, the Lindberghs secured
data which a representative of
the relief commission said was of
the utmost value.
REED A PROSPECT
KANSAS CITY. Sept., 23, (/P)—
Speculation over the Democratic
Presidential prospects again em
braces in the name of former
Senator Reed of Missouri. Two
newspapers, the Kansas City Star
and the St. Louis Globe, Demo
cratic, said Reed would make an
active bid for the Presidential
run. Observers saw in the situa
tion a threat to Roosevelt’s
strength.
MIKES 2-POINT IAISE
FLUCTUATING MARKET
NEW YORK, Sept. 23. (/P)~Fi
nancial markets fluctuated uncer
tainly but have calmed down since
Monday as the world’s reaction to
Britain’s crisis proved less serious
than was expected.
The stocks oscillated on a com
paratively narrow range and ended
the trading day Tuesday in a rather
leavy tone with several of the is
sues down from one to three points,
rhe utilities, under pressure toward
the last, remained completely nor
nal.
The functioning of the market is
still prevented by the prohibitive
t>an not allowing “short selling.”
\ turnover of about 2,000,000 quar
ter shares of American Telephone
vas made. The North American
Standard gas lost two and three
points.
It was pointed out that the Al
iska Juneau Gold Mining Compnay
vas strong for a time, rising about
-wo points. The Sterling Exchange
it 4:12 p. m. Tuesday was off about
JO cents.