Seward Daily Gateway
OF SEWARD, ALASKA — EeUbllNied Augrurt 19, 1804
Published Dally except Sunday by
THB GATEWAY PUBLISHING COMPANY__
Entered In the oo«t office at Seward, Alaska, as second-class matter
H V HOBEN and E. F. J ESSEN, Proprietors
E. F, Jessen Editor and Manager
Otto G. Sandbeck. Associate Editor Bdwin A. Sandbeck. Uty Editor
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PANIC-PROOF BANKS
While the banking and financial reports of Alaska
do not reveal it, there are more banks per capita In the
Territory than any other part of the nation. And differ
ing from th$ recognized financial institutions these banks
are practically unbreakable. Not only that, but they con
tain the largest deposits and are owned by individuals
rather than corporations. In this individual ownership
their overhead is reduced to a point that would please
the greatest banking economist of the nation. There are
no high salaries, expensive buildings and the usual ob
ligations and responsibilities encompassing such- institu
tions, neither are there vaults, or policemen to guard
them. The gold standard or bi-metallism cannot affect
them.
These are the placer mines, owned and operated by
that branch of industry which refuses to hang around
waiting to get onto somebody's payroll, but are out in the
hills digging from one to several thousand dollars annual
ly and using a shovel and pan for a check book.
One never hears these banker's complaining about
panics or hard times. They might chafe under the isola
tion of several months in the year, but they are as inde
pendent as a “pig in a goober patch." When things be
come tedious, they walk and leave the bank door open,
have a fling outside and return in spring, load up a col
lection of grub that would make a beehive dweller's eyes
bulge out, and are off again for another orgy of check
drawing.
As one old Kuyokuk miner put it: “Id like to see a
cracksman try to tap my bank. Maybe it might do him
goo..—he'd learn to swing a pick and shovel and might
turn honest."
In past and present crises, the farewell address of
George Washington on September 17, 1796, contained a
message which still holds true today. He warned his
countrymen against cherishing “inveterate antipathies”
or “passionate attachments" for any other nations, and
urged that we might keep ourselves front all entangling
alliances with Europe, which had a set of interests un
shared by us.
“You have done the things you ought not to have done,
and have left undone the things you ought to have done,"
said the parson, shoving his burned steak and raw bis
cuits toward his wife.
It is. said that fanatics are the ones who change his
tory. If so, will some fanatic please come forward and
change the present dormant Alaska attitude?
Why all this fuss about lack-marriage? There is
3ittl? left for other thrilling adventures. They'll come
back to it.
After only four hours of instruction, Helen Potter of
San Francisco recently took a plane aloft and flew solo
for more than an hour.
By the will of John J. Contrado of Pardoe, Pa., each
of his friends who attended his’funeral will receive $100.
J. L. Schlotthauer of Columbia, Pa., claims to have a
canary bird that not only talks but also laughs.
“Scram!" yelled the rooster when he observed the
lady of the house with friend husband's old derby making
a survey of his rear decorations.
The Literary Digest says music has flown from Eur
ope to America. Evidently it meant to say “the chips."
/FMember 1q31%
National Editorial Association
SEWARD HO CLOD
> WILL CLEAH-UP NOISE
.!_
i
; Preliminary steps are being ta-j
1 j ken by the Seward Radio Club with
a view to cutting out interference
to broadcast reception and they
have secured the services of Mr.
Anderson, to seek out possible
sources of noise. He visited sever
al business establishments Wednes
day to look over motors and el
ectrical equipment, to study their
type, etc, for the adaption of
preventive measures to the noise
j bothering broadcast reception.
Mr. Anderson said that the Ra
dio Club of Seward . is going to
receive a sensitive noise detector
which will definitely show any
cause for noise and also show
| its intensity.
! With this noise indicator, Mr.
! Anderson said that it would be
possible to materially improve lo
cal reception inasmuch as electri
cal devices making noise can be
properly shielded or otherwise
made preventive of serving as so
called ideal transmitters of noise.
Mr. Anderson, has been in the
Seward area for some time being j
engaged in tie-cutting. However, he
says, radio and electricity are his
specialties and it is his interest
in the work that prompts him to
volunteer his services.
CHINESE REPUBLIC TO
STll 10-MI PUN
j WASHINGTON, D. C. Nov. 27.
! (TP)—China is considering a 10-year J
| industrialization plan involving the J
construction of State plants to pro- i
duce $11,000,000,000 worth of ma- I
chinery and contemplating a total ]
expenditure of more than $2,000,- j
000,000, according to reports to the i
Department of Commerce, reports \
the United States Daily.
The plan, proposed by the Jdin- J
istry of industries, centers around i
14 major projects which include |
construction of transportation fa- ]
cilities, development of# natural re- i
sources, and construction of various
industrial plants, reports explain.
Most of these projects would be
State-owned.
The plan is considered by for
eign observers to be the ultimate
which might be expected with a
firm central government and after
discontinuation of internal hostil
ities, advices add. Assistance of
foreign countries with enormous
loans would be necessary, however,
foreign observers point out.
The present state of war with
Canton, the Sino-Japanese dificul
ties, and other political disorders,
are major factors precluding the j
start of such a program at the
present time, the Department has
been informed.
... Fifty per cent off on all clean
ing and pressing work (not rush
work) received on Monday. Sew
ard Steam Laundry.
Try our HORLUCK’S Danish Ice
Cream. There's none better. Candy
Cottage.
...
j Motorship I
j Princess Pat I
| SPEED — COMFORT |
* Serving All Cook Inlet |
; Points and Connecting j
| Weekly with Admiral I
j Line Steamers l
J Towing and Special Trips a
I By Arrangement i
i CHAMBERS & COLWELL !
i , Seldovia, Agents J
■ FRED M. O'NEILL, Skipper «
...J
%
A BIG 9-REEL UNDERWORLD
PICTURE
/
The Public Enemy’
A Fast Action Play Showing the Causes and
Effects and Operation of the Present
Crime Wave. Starting in 1909,
It Follows Down to the
Present Day.
* * *
WITH IT WE WILL SHOW A TWO-REEL COMEDY—
FRENCH KISSES”
x
Healy River Coal
Economical Dependable
Safe
FREE FROM SOOT
GRADED TO SUIT EVERY NEED
PRICED TO SUIT EVERY PURSE
Healy River Coal Corp.
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BUILDERS’ SUPPLIES
Crosley Radio 124 Series-Eight Tube Supers
PRICES: $49.75 — $65.00 — 575.00 — $85.00 — 99&00
EQUAL TO THE BEST AND BETTER THAN MOST
Chas. Curtice for Installation and Servicing
c. ivl e.
__JZHSSJKffiJK.