THE NOME DAILY NUGGET
GEO. S. MAYNARD. Editor
RUSSELL G. MAYNARD, Manager.
Published every evening except Sunday by The Nome
Publishing Company, Nome, Alaska.
SUBSCRIPTION RATES
Delivered by carrier in Nome, Little Creek and Sunset
Creek, for $2.00 per month. By mail postage paid out
side of Nome and vicinity, $1.50 pc month.
Entered in the Post Office in Nome as 2nd Class Matter
MEMBER OF ASSOCIATED PRESS
(CITY OFFICIAL NEWSPAPER)
FIGHT AGAINST CRIME
No one argues that crime can be prevented or that
the results of crime can be repaired by law. On the
other hand there is abundant proof that some laws af
ford the most secure defenses of criminals and that in
some respects a lack of law permits evasion of just pen
alties. Conflict of state laws often makes any one state
a sanctuary for fugitives from other states. Governors
occasionally are moved by bad judgment or caprice in
honoring or rejecting writs of extradition issued by
other governors. Thee is uniformity neither in law nor
in the practice of executive courtesy. In the national
field, congress has set an example of what needs to be
done by and among the states. The conspicuous suc
cesses of the Department of Justice’s G-men would not
have been possible but for the breaking down of arbi
trary and acchaic barriers. All state legislatures
should give prompt consideration to the Crime Com
sission’s program—Seattle Times.
She Fell For It.
“That fellow was an impudent fraud. How did he
manage to wheedle money out of you?
“Oh, John, hetold me such a sad, pitiful tale about
his poor wife who was a widow with her six children.”
“That man lives off the snaps of life.”
“What kind of a job does he claim?”
He a bone specialtist—sets broken arms and legs.”
Essential
Mrs. Jibbs—Henry, what do you have to do to draw
money from te bank?
Henry—Well, the first thign you must do is to put
some money in. _
Interesting Items
About Alaskans
Culled From Exchanges
Cordovan Passes
A colorful figure was taken
suddenly from Cordova's fishing
industry when Joseph (Smokeyi
Joe) Schulte was found dead in
his fishing boat recently at Ell_
mar, near Valdez. He was born
in Michigan 43 years ago. Schulte
was a veteran of the great war
and served overseas.
Women’s Clubs Elect
— —““ .
Mrs. Robert Atwood of Anch- ^
orage has been chosen as new j
president of the American Feder-1
ation of Women’s Clubs. She will
be assisted by Mrs. H. P. Hansen
of Ketchikan, director; Mrs. Al
fred Balls of Anchorage, secre_
tary; Mrs. Roy J. Storey of Cor-1
dova, treasurer, and Mrs. J. M. \
Chase of Juneau, custodian.
The Nome Daily Nugget carries]
several forms of printing blanks!
for your convenience — Dredge
Logs, thawing and drill reports, j
Mining Deeds, Placer and Lode1
Location Notices. Vouchers, and
Special Power of Attorney forms, i
Subscribe for The Nome
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Is Equipped To Handle Your Job
Printing Needs, Efficiently
Speedily Executed.
AT REASONABLE PRICES
The Nugget—Best Advertising Medium
HOMELESS CHILDREN BROUGH! TO MADRID
i_
i ~ "ZP ~P ■ > ■ "
Too tiny to realize what It le all about, these children were brought to Majjrid by their mothers from
nearby territory since occupied by Fascist troops In their drive upon the Spanish capital. A difficult prob
lem of providing food and shelter for thousands of refugees 'aeed the government. (Associated Press
Photo)
Gold Mining Is
Called 1 Safest
Of Investments
Plenty of Yellow Metal Is In The
Ground and Problem Is To
Produce it at a Profit
(By The Ass(«ciated Press')
MOJAVE, Calif, Nov. 14 —
>
Contrary to .popular belief, gold
mining is not gambling. In fast,
it is the safest investment known.
Gold is the only article on earth
for which there is always a mar
ket and the demand always ex_
ceeds the supply. Therefore, all
the hazards of marketing—which
are of vital importance to the
success of all other business—are
eliminated, says A. J. Bruce, mill
designer and mine operator in
the Mojave district.
There never has been a time
when there was sufficient gold
to supply the needs of the world.
Mrs. Roosevelt
Not Recognized
Union Station
(By The Associated Press)
KANSAS CITY, Nov. 16, —
Mrs. Franklin D. Roosevelt, here
over the weekend for an address,
sat for fifteen minutes, unrecog
nized, in the main lobby of the
Union Station last night, while
a sleeping child lay sprawled
on a nearby seat.
When her car was connected
to the outgoing train, she was
recognized while boarding it, she
9aid.
If all the known refined gold at
the end of the year 1934 were cast
in a cube, each side would meas
ure only 33.4 feet.
Plenty of Gold in Ground
Gold being one of the yard
sticks of value, to provide more
of it for necessities is a constant
problem; and the man who can
deliver it performs a valuable
service. There is plenty of gold
in the ground. The only diffi.
cutty is to get it out at a profit.
The recent increase in price
from $20.67 to $35.04 an ounce
has made possible the profitable
operation of a great many gold
mines which at the old price
could not possibly be operated at
a profit, and has increased con
siderably the profits of all well
managed mines.
Price Was $10 an Ounce
For over a century prior to
1834 the price of gold in the
world markets was fixed at $10
an ounce. At the end of that j
ti/ne the price was raised to
$20.67 an ounce. This price was
maintained in the world mar
kets until the beginning of the
year 1933, at which time foreign j
nations began to pay a higher
price for the meta^ the United
States later following suit.
Finally, in 1934, the United
States fixed the price of gold at
$35.04, since which time this has
been the minimum price.
An important master to consid
er is the mining and refining of:
the metal at a cost whereby a!
profit may be had.
Standard Methods Used
There is no mystery in the pro. ■
duction of gold. It is necessary
only that well established, and
known methods of mining and |
refining be used to make a gold
mine pay, providing there is suf
_
JUST RECEIVED
OLYMPIC AND SCHLITZ BEER.
Also Bulk Wines and Liquors. We Are Closing out
Our Entire line of Mens Furnishings Rubbers
Boots and Pacs.
NOME LIQUOR STORE
(Next Door To Fire Station)
. . I
--
ARCTIC BEER PARLOR
AND CARD ROOM
Between Pioneer Drug Store And Dream Thaatre
Jack Solomon, Pron.
ficient gold in the ore being work
ed. Nor is there any great diffi
culty in determining the quant,
ity of gold in a mine. There are
well established and proven rul
es of calculating these values,
both as to quantity and quality.
If standard methods of mine ex
animations and mill construction
and operations are used, under
efficient management, there is no
reason ever for loss in a gold
mining investment.
No Other Is Safer
If these rules are observed there
is no other business in the world
where the investment is so secur^
It must be remembered in this
connection that many of the larg
est fortunes in the United States
were founded on mining opera,
tions. And there is no reason to
believe that there will not again
* ■ ——
be bonanza mines opened up with
in the boundaries of this count
ry. These facts show the consist
ent soundness of the gold mining
industry. To be sure, it is true
that a great deal of money is lost
in mining ventures. These loss,
es are due in the main to the fol
lowing reasons:
Dishonest Operations
Inefficient, or crooked engineers
making first examinations and re
commendations. Poorly and im
properly designed mills and re.
duction plants.
In many instances large sums
of money are expended on the in
stallation of mills before a suffi.
cient quantity of ore has been
developed to warrant it; and fre
quently it is later learned that
the equipment on which vast
sums have been spent is not of
the proper type.
By far the greatest proportion
of losses sustained by investors
is caused by crooked stock man
ipulators. In a great many in.
stances the values are in the
mines and were the mines in the
hands of efficient engineers and
businessmen they would pay a
handsome profit without the ex
penditure of more than is often
spent on the property by crook,
ed promoters who are not look
ing for legitimate profit from
mine operation.
If reports by honest and effi
cient engineers show that there
exists in the mine a certain
amount of gold; if a well plan
ned mill is constructed; and if
the business as a whole is hand,
led in as efficient a manner as are
other successful businesses, with
low overhead and not excessive
capitalization a gold mining in
vestment js the safest in the wor
Id and has the possibility of
yielding an unlimited return.
SHIP YOUR
MINKS
EARLY
We Solicit Your Patronage
THE ALASKA-CHICAGO FUR EXCHANGE
368 Central Ave.,
Highland Park, Illinois.
'
MILK OF
MAGNESIA
Is one of the most valuable
medicines your druggist
has to offer.
Two Sizes
25cts & 50cts
NOME’S OWN DRUG STORE
OUR NEW STOCK OF
SOURDOUGH
LETTER HEADS AND
ENVELOPES
NOW ON SALE AT
THE NUGGET OFFICE