“Federal Offieials Cannot Lawfully be Appointed to any Territorial Oftice.”
—Attorney General of Alaska John Rustprard.
MEMBER ASSOCIATED PRESS
VOLUME XXVIII. NUMBER 13. SEWARD, ALASKA,SATURDAY, JANUARY 16, 1932.
PRICE TEN CENTS
Mineral Production
of Alaska in 1931
* The Department of the Interior announces, through
advance statements prepared by the Alaska branch of
the Geological Survey, that mines in Alaska are estimated
to have produced minerals valued at $12,010,000 in 1931 as
against 13,812,000 in 1930. The total value of the mineral
output of Alaska since 1880 is approximately $641,000,000.
ft
The figures for 1931, which are
preliminary estimates and conse
quently subject to revision, are
taken from the Geological Survey’s
annual report on the mineral re
sources of Alaska, now in prepara
tion. The source of this mineral
wealth was approximately as fol
lows :
Estimated Value of Mineral Output
of Alaska in 1931
Gold .
Copper .
Silver
Coal
Other minerals
$9,342,000 j
1,712,000 I
99,000 i
567.000
290.000
Total .$12,010,000
General Conditions
• General industrial conditions
throughout Alaska in 1931, reflect
ed more or less closely the condi-!
‘ions in the States, though the se-!
verity of the depression in Alaska ;
i was by no means so acute. As a ;
result the mining industry as a
whole was slowed down, and the ’
search for ore deposits and develop
ment of mines, other than those
whose ore was primarily valuable
tor gold, was suspended or mater
ally curtailed. This condition was
the inevitable outcome of the ex- j
tremely low prices that prevailed I
or all of the mineral commodities j
^ xcept gold.
For instance, the average selling j
>rice of copper in 1931, according ,
to the Bureau of Mines, was 8.3
nts a pound as against 13 cents j
n 1930, a decrease equivalent to ;
more than one-third of the price !
paid in 1930. Essentially the same j
condition prevailed for silver and
cad. the prices for which, accord- j
ng to the Bureau of Mines, were 1
espectively 29 cents an ounce and >
3.8 cents a pound in 1931 against!
33l/2 cents and 5 cents in 1930. Ini
tact, it is estimated that had the
amounts of these three metals that
were produced in Alaska in 1931
t>een sold at the prices that were '
paid in 1930, their combined value !
would have been over $1,000,000
greater than the amount stated in
A ‘hese estimates.
Not only are the low prices paid
Jor the metals reflected in the val
le of the minerals produced but
also they had a great, though in
determinate, effect on restricting
production and discouraging the
undertaking of new developments.
In the face of this general reduc
f lion the large increase in the out
put of gold from Alaska is extreme
ly encouraging.
Gold
The total production of gold from
Alaska mines in 1931 is estimated
at $9,342,000, about $866,000 more
than in 1930. This marks a not
able increase not only over the pre
ceding year but over any of the
years since 1919. Together with
the value of gold mined hi earlier
years, it brings the total value of
gold produced from the Territory
to the sizeable figure of almost
*400,000,000.
According to preliminary esti
mates, the production of gold was
* almost evenly distributed between
the lode and placer mines, about
4914 per cent having come from the
lode mines and about 50 V2 per cent
from the placers. This marks a
rather notable change from the
ratio in 1930, when less than 43
per cent came from the lodes and
more than 57 per cent from the
placers.
The pronounced change in the
ratio for 1931 was brought about by
the very large increase in the value
of the gold recovered from the lode
mines and the slight dcrease in
that from the placer mines over
the value of the gold recovered
from these sources in 1930. In the
period since gold mining began, the
ratio between the value of the gold
from the two sources is about 34
per cent from lodes and 66 per cent
from placers.
Obviously, as the Alaska placers
are more easily and extensively
worked, they contributed most
largely to the output of the Terri
tory in the early days, but as their
extent is limited they will be the
first to be exhausted. The lodes,
on the other hand, are relatively
more expensive to develop, but if
they are skillfully managed they
are much more likely to afford
continuous output and thus equal
ize or even reverse the ratio that
formerly existed between their out
put and that from the placers.
The bulk of the lode gold contin
ued to come from Southeastern Al
aska, especially from the proper
ties of the Alaska Juneau Gold Min
ing Company in the Juneau dis
trict. At this place search for new
ore bodies, as well as for exten
sion of those already known, was
conducted with special activity, and
the results appear to have been dis
tinctly encouraging, so that the
work will be continued and will
probably be reflected in increased ,
production in the not dstant fu
ture.
The second largest gold lode pro
ducer in Southeastern Alaska is
the Chichagof Mines (Ltd.), whose
property lies some 60 miles north
west of Sitka. The Willow Creek
gold lode district, which lies north
of the head of Cood Inlet, has long
been a notable producer, though
for the past few years its output
has been small.
The resumption of extensive min
ing on the property of the Willow
Creek Mines (Ltd.) on Craigie
Creek and operations at a number
of small mines in this camp brought
this distrct in 1931 into second
place among the gold lode produc
ers of the Territory, and the devel
opments already made there indi
cate that it will probably continue
to yield an equal or even greater
volume of gold in the succeeding
years.
The Fairbanks district was third
of the Alaskan districts in its out
put of lode gold in 1931, and from
the information now available its
production appears to have been
materially greater than n 1930. De
velopments in progress in that dis
trict promise well for an even great
(Plea^e turn to Page Six)
JOBLESS RALLY TO
FOl THEIR 01
NATIONAL PARTY
CHARGES MADE AS TO SINCER
ITY UNEMPLOYED MARCH
ON WASHINGTON
PITTSBURGH, Jan. 13. (&)—To
reply to charges of -attempting to
embarrass the Hoover administra -
tion by the march of unemployed
upon Washington on the record of
Rev. James Cox, he is now forming
a National party of jobless.
Seventy thousand unemployed
came to Pittsburgh on foot, by car
and by special train for a rally at
the Pitt Stadium. West Virginia,
Ohio and Pennsylvania are ail be
ing represented at the rally of the
unemployed.
In commenting upon Cox's move,
Republican committees have made
the statement that the Washing
ton march of two weeks ago was
inspired by forces opposed to Pres
ident Hoover.
The priest said that the charges
made against the sincere purpose
of the “hunger marchers” was the
work of “political minds.”
The National party of jobless
will hold a convention in St. Louis
on Labor Day.
RAIDERS ATTACK SIKHS
BOMBAY, Jan. 16. (JP)—A danger
ous situation threatened Kashmir
after Moslem raiders attacked
Sikhs in the Murpur district. Re
inforcements were sent to end
threats of attack on the police.
HOOVER'S PRINCIPLE
HD-TIME IEME0T
WASHINGTON, D. C., Jan. 16.
(iP)—President Hoover’s principal |
legislative remedy for hard times
was speeding through Congress
with strong bi-partisan support.
It was the reconstruction finance
corporation proposed by the Chief
Executive to infuse new life to the
extent of $2,000,000,000 worth of j
credit into the nation’s industrial
and commercial arteries.
The proposal was written and
approved in bill form by a Senate
Banking Sub-Committee, the full
committee was called together late
to give its indorsement and the
measure will be taken up by the
Senate; leaders forecast a quick
passage.
The bill would provide that the
corporation be established with a
$500,000,000 government capital; it
has authority to issue bonds up to
$1,500,000,000. The Treasury is au
thorized, if necessary, to buy or sell
these bonds.
INVESTIGATION ASSURED
WASHINGTON, D. C., Jan. 15.
(TP)—Congressional investigation of
the United States Shipping Board
was virtually assured when the
House Merchant Marine Committee
voted its support of the inquiry.
Action followed submission to Con
I gress of a sensational report by
Comptroller General McCarl charg
| ing the board with wholesale fi
' nancial irregularities.
mm WOULD LET
STATES SOLVE OWN
LIQUOR PROBLEMS
WASHINGTON, D. C., Jan. 15.
(JP) — Democratic National Chair
man Raskob began a campaign to
persuade the Democratic party to
declare for a prohibition referen
dum. He began the action on the
poll of Democratic campaign con
tributors, showing 91 per cent fav
oring a referendum.
Raskob announced his opposition
to a platform plank favoring re
peal of the 18th Amendment or
modification of the Volstead Act,
stating it was his belief that the
Wets and Drys can be reconciled
by a plank w h i c h would have
Democratic legislators submit to
the voters a constitutional amend
ment permitting each State to solve
its own liquor problem. He cited
recent support of Wet candidates
in many States.
PORTION OF GREAT
SUM IS SET ASIDE
AS AID JO FARMERS
WASHINGTON, D. C., Jan. 15.
(/?)—Two hundred million dollars
of the $2,000,000,000 Hoover recon
struction fund was set aside Thurs
day by the House for loaning to
needy farmers and a final enact
ment of the House’s action on the
measure is expected next week.
The $200,000,000 is to be used in
the form of a loan to intermediate
credit banks, farm loan associa
tions and farm institutions upon
which the farmer is of necessity
dependent for a solution of his fi
nancial and marketing problems.
S IP
8 SUITABLE WON
TACOMA, Jan. 16. (£>)—After a
diligent search, E. M. Keyes of
Fairbanks has found some wagons
here.
He wanted a wagon to haul sluice
boxes, so enlisted the Chamber of
Commerce to help him in his hunt.
Keyes, on Friday, had a list of half
a dozen more or less serviceable
vehicles from which he hopes to
select one to take back next Tues
day.
The Stock Market
SEATTLE, Jan. 16. (^—Yester
day’s quotations on the stock mar
ket:
Alaska Juneau .13*4
American Can .64%
Borden .39
Canada Dry.12%
General Motors .23%
International Nickle Can.8%
International Tel. & Tel.10%
Kennecott Copper.12%
Radio . 8%
Reynolds Tobacco (b) .39%
Richfield Oil . %
Standard Oil of Calif.26%
Standard Oil of N. J.29%
Standard Oil of N. Y.10
Union Oil of Calif.13%
U. S. Steel.45%
Cities Service .6%
Durant Motors . %
TWO BILLION LOAN
TO BIG FELLOWS IS
JUST ABOUT READY
AMOUNT, HOWEVER, IS THREE
BILLION DOLLARS SHORT
OF WHAT IS NEEDED
WASHINGTON, D. C., Jan. 15.
(/P)—The giant government cor
poration, to loan much needed
money to railroads, financial in
stitutions and possibly to nearly
bankrupt cities, probably will start
functioning late this week.
President Hoover’s $2,000,000,000
emergency bill will be taken up in
both Houses of Congress and prob
ably will be sent to the President
for signature immediately after
ward. The Senate agreed to remain
in session until the measure is
voted upon. The House is expect
ed to pass it after several day’s de -
bate.
Congressional consideration of
the measure last week resulted in
an upturn in the stock market and
administration leaders are hopeful
that its enactment and commence
ment of corporation operations will
restore a _ confidence which will
tend to stop the fall in commodity
prices and downward trend of gen.
eral economic conditions.
Demand by Mayor James Walker
of New York City that municipali
ties be allowed to borrow directly
from the corporation’s funds re
sulted in the introduction of an
amendment to the bill by Senator
Royal Copeland of New York au
thorizing loans to cities.
VICEROY VICTORIOUS
I FIRST CLiiS!! WITH
111 1TIOILISTS
NEW DELHI, India, Jan. 16. (£>)—
Viceroy Wlllingdon emerged vic
torious from the first clash with the
Indian Nationalists when the gov
ernment extended repressive or
dinances to Bombay and other
areas, declared provincial and dis
trict congress committees unlawful,
raided Nationalist offices through
out India, jailed rebel leaders and
issued orders empowering police to
make arrests in cases of reasonable
belief that public safety is threat
ened.
Opposition of Hindu and Moslem
business men to the proposed boy
cott of foreign goods also handi
capped the Nationalist movement.
Meanwhile Gandhi sits calmly in
solitary confinement at Yeravda
prison spinning and calling on fol
lowers to continue the indepedence
war.
HEARTS ARE YOUNG
SEATTLE, Jan. 16. (/P) —-George
Ford, 80, a retired Alaska-Yukon
pioneer, married Mrs. Margaret
Champneys, 85, here Thursday
night at the home of her nephew
after a courtship of four months
| but a friendship of 16 years.
LEVINSKY WINNER
CHICAGO, Jan. 16. (/P) — King
Levinsky was awarded the decision
over Paulino Uzcudun in a 10
round battle Friday night. There
were no knockdowns.