Seward, the Alaska City of Opportunity
MEMBER ASSOCIATED PRESS
LUME XV. NUMBER 585.
SEWARD, ALASKA SATURDAY, DECEMBER 27, 1930.
PRICE TEN CENTS
I. J YORK OAK
CLOSES IIS DOORS:
OUEIO RUMORS
HAli^DEPOSITS OF NEARLY $20,
000,000; QUIZZ UNDER
WAY
NEW YORK. Dec. 27. (/P)— The
Chelsea Bank and Trust Company, j
with $18,500,600 deposits, closed its j
doors and was taken over by Jos
eph Broderick, State Superinten- j
dent of Banks- Mr. Broderick is- I
ucd a statement saying, “rumors:
rve been circulated which have
a used abnormal withdrawals of .
deposits and the banks has been j
closed for the purpose of conserv- 1
ing the assets."
Coincident with this statement I
it was made known that the State
Bureau of Securities had begun an
investigation of the short selling
of bank stocks in violation of the
law forbidding “the reckless cir
culating of false rumors" concern
ing financial institutions.
Several smaller bank failures were
reported from New England and
the south. At the same time the
Federal Reserv Bank of New York
authorized for a reduction in re
discount rate to two per cent,
which is the lowest in the hi aory
• f the bank. A rate of two and one
naif per cent prevailed since June
19.
PAID OUT SMALL SUM FOR
FLOODING STATE WITH
LITERATURE
WASHINGTON, Dec, 26. (VP) —
crt Lucas, executive director
the Republican National Com- i
'e, admitted that he person
was responsible for print
and distribution of literature i
Nebraska which sought to bring
ut the defeat of Senator George
ris, insurgent Republican, in
recent elections,
r. Lucas said that he paid out
;0 or more for the printing of
circulars because he felt Mr
rris to be a democrat, owing to '
opposition to the policies of1
sident Hoover. Mr. Lucas’ ad- !
lion raised a storm in the Sen- !
where Senator Howell of Ne
ika asked the Republican cam
o manager to resign and Sen
Glen n, regular republican, de-;
«ed his course.
senator Norris charged Mr. Lu- 1
■•as’ opposition to him was "disre
putable, dishonorable and damn
ble” because it was done "like a *
nake in the grass.”
FORE-ARMED
TTAWA, Dec., 27, (/P)—High
itives of Canadian bankers
iation conferred with Pre
Richard Bennett and his
net for formulation of plans
uard against precipitate and
;erous liquidation in the'
at market.
FIRST FLIGHT
SAN FRANCISCO, Dec. 27. (/P)
—James Rolph II, son of Gover
nor-elect James Rolph Jr., made
his first solo flight and was ac
claimed by Mills Field veteran pi
lots as a natural born flyer. Mayor
Rolph, unable to be present, tele
phoned his congratulations.
raoioTelephIs
AVAILABLE SOI
THRUOUT MiSKH
ALASKANS MAY SOON TALK
TO PARIS BY TELEPHONE,
IS THE GOOD WORD
SEATTLE. Dec., 27, (/P)— By an
agreement of all radio telephone
apparatus manufactured by the
Northern Electric C o., Seattle,
will be licensed under the tele
phone company’s patents for
ship and shore communication
and from point to point in Alas
ka.
Jens Scott, vice president of
the Northern Electric Co., said
arrangements are to make Seat
tle one of the country’s largest
manufacturing centers for rad
io and telephone equipment.
Radio telephone licenses, for
stations at Seattle, Tacoma, Ev
erett, Bellingham, Port Angeles
a n d Ii o q u i; i m \v e r e a p plied for
one year ago. These stations will
c
ers.
MOSCOW, Dec. 27. (/Pi—Home
cooking is to be ended under a re
vised system of food distribution
by Soviet Russia in a decree is
sued by the Central Committeee
of the Communist party.
Restaurants are to be brought
under the direct control of the
Workers’ Bureau, cooking is to be
abolished entirely and the food
made available only to those who
work and uphold the principles of
the Soviet government. The decree
assails the Commissariet of Sup
plies which until the present time
had control of the distribution of
food and asserts the meat and
vegetable trusts “are clogged with
anti-Soviet agents.”
The new plan is expected to
bring a more adequate food sup
ply to areas far from agriculture
centers.
MARION, Ohio, Doc., 27, »7P)—
Any plans for the dedication of
the Harding Memorial here now
await resident Hoover’s word.
The association /said no fur
ther invitation will be sent to
the President and no special
meeting of £he association will
be held to discuss the subject
MARSHALL JQFFRE
SERIOUSLY ILL IK
S HIM
SILENCE MAINTAINED CON
CERNING CONDITION
MARSHALL
PARIS, Dec. 27. (/Pi — Official
; announcement said that Marshall
Joffre is seriously ill with inflama
; tion of the arteries in his legs. Five
: physicians held a consultation in
i his home and later issued a bulle
tin revealing the critical nature of I
! the Marshall’s illness. “Marshall j
Joffre, for several months suffered ,
| from inflamation and when his !
| condition suddenly became aggra
vated and necessitated urgent in
tervention; this was carried out
by Professor LeRiehe, who attend
{ed the Marshall for som etime. He<
was aided by Professor Labbe, Dr
Bolin.
j “After momentary improvement
! which permitted everybody to bc
| come hopeful for his condition,
, the Marshall became disquieting
| in the fullfiltment of his express
wishes. ”
| Complete silence had been main- ’
’ tained up to now concerning the
war heroe’s,illness.
PORT TO
; 27. tVPi First degree' murder
charges were filed against Mrs
; Lula Hi! ingcr who ,ii >t and killed;
; her husband, a warrant officer G.
W. Hilsinger. Homer Cameron, Mrs.
. Hilsinger’s alleged admirer, told
the coroner’s jury that the woman
used his gun to do the shooting:
which followed the fight when Hi! •
I singer found Cameron with his
wife. Cameron said the quarrel
started over money which Hilsing -
I er alleged Cameron owed him.
Cameron i s being held as a wit
I ness.
StlfMWl
ACCOUNT RDM
SACRAMENTO, Dec. 27. (JP) —
| Charles A. Whitmore, of the State
j Building and Loan Commission
■ resigned as a result of the recent
i revelation in the acounts of the
I Guaranty Building and Loan As
sociation of Los Angeles by Gil
bert H- Beesmyer, secretary-mana
ger.
Gov. Young accepted the resig
nation to become effective January
6th, when Governor-elect Rolph
will take office and appoint Whit
more’s successor.
GUILTY LARCENY
NEW YORK, Dec. 27. '/?» -J
Russel Ryder, former partner of
the brookerage firm of Woods and
Company which failed for mor?
than $2,000,000 last June, plea dec,
guilty to an indictment charging
him with first degree larceny. Ho
will be sentenced February 27th.
Ryder was accused of devoting to
his owm use money given him for
stock purchases.
WOMEN DEMAND
LONDON, Dec., 27, (/P)— De
mand that women of India be
granted a definite number of
places in future legislation, was
made before the India Round
Table conference by Begum Shah
Nawaz and Mrs. Subbarayan,
women delegates.
SMir
CZAR OF RUSSIA:
R'/KOFF OUSTED
LAST OF OLD LENIN GROUP
NOW ENTIRELY OUT OF
PARTY
MOSCOW. Dec 28. (VP)—Joseph
Stalin, dictator of Soviet Russia,
gathered into his own hands the
last remnant of power by relieving
from office Alexei Rykoff, presi
dent of. the peoples’ council of
Commissary which corresponds to
the office of prime minister. Ry
koff also was removed from his
position as president of the council
of labor and defense and in his
place Viacheslav Molotoff, intimate
of Stalin, has assumed both offices.
Rykoff’s powers constantly
dwindled in the union and the of
ficial announcement said that, he
had been removed at his own re
quest.
M. Stalin, who heads the Com
munist party, has now real con
trol of the head of the govern
menfc,. having disposed of the last
of the -'Id Lenin group. Officially
St'din holds no position in Rossis
dni*f- fey the virtual dismissal of
the prime minister his actual po
wer is revealed.
CORDOVA. Dec. 27. (JP)— Another
mystery death in the McCarthy
district, 165 miles northeast of
Cordova was reported when Dan
Person, a prospector, was found
in a cabin his head riddled with
bullets.
The last death is the sixth found
dead under mysterious circum
stances in lonely cabins of that
region in recent months.
Immediately preceding this last
killing another prospector Howard
Poster was found dead by Person.
Person insisted that Foster was
murdered despite the coroner’s
jury’s verdict of suicide.
Authorities believe that Person
was murdered in revenge by Fos
ters’ slayer.
hue 1ST m
PERSONAL MIS
ROCHESTER, Minn- Dec. 27. (/P)
_Knute Rockne, famous football
coach of Notre Dame, must limit
his strenuous activities or face the
possibility of a complete break
down, Dr. C. J. Barborks, of the
Mayo Clinic, announced.
Outside interests, coupled with
the work of coaching, are too much
for one man, the physician said.
READY TO KISS
—-.—
SETTLEMENT OF THE MINOR
ITIES QUESTION ESSEN
TIAL TO PROGRESS
LONDON, Dec., 27, (/P»—Solu
tion of the dispute between the
Hindus and Moslem’s which ap
I pears as the pricipal obstacle in
! the way of a satisfactory settle
ment of the India Round Table
| conference, seemed nearer than
j ever as the meeting adjourned
I for the holidays.
Conferences between Hindu
| and Moslem leaders continue in
I secret and Premier MacDonald
will meet delegates at Chequers.
! There is hope that an agree
ment will be announced in a few'
days.
I Just before the conference end
ed rernior MacDonald said: “The
i settlement of the minorities
question is essential to political
progress of India. Your object is
to be masters in your own home
Now that the time for realization
■ of that hope has come, is it wise
that yau remain divided in your
I own ranks?”
! The Premier’s speech was well
rectevrd and *a spirit -of.concilia
tion seemer to pervade the meet
ir
NO DIVIDENDS THIS YEAR
OWING TO FUR PRICES,
POOR BUSINESS
LONDON, Dec., 27, (>?)—'The
! announcement that the “Com
pany of Adventurers of England
; trading in the Hudson Bay ”
| won’t, for the present, receive
i their usual dividends which will
| mark another of the many flunc
jtuations of the romantic Hud
|son Bay Company,
j After the stock market crash
I in New York last October, the
price of furs fell 45 per cent and
1 to protect the income from fluc
tuations the company, has gone
j further into the sale of land on
j a big scale and also into retail
merchandising thru chain stores
scattered over the Dominion.
But the plight of Canadian
wheat farmers during the past
j year has told heavily on the
i farmers. These two sources have
j contributed to dissatisfy stock
| holders who have obtained a
! committee to look into the en
1 tire situation.
i
CEREBRAL HEMORRHAGE
JUNEAU, Dec. 27- (/P)—Bishop
Amhitophy, in charge of the north
ern diocese of the Alaska-Russian
church suffered a cerebral hemor
rhage Wednesday at his home at
Unalaska, which left the Bishop
afflicted with paralysis and men
tality impaired. The Bishop, wTho
was 68 years of age, was advised
last sumer to take a complete rest
| but his clerical duties prevented
; his going to California.