* THURSDAY
» Nugget Dally Bulletin.)
i ufeVELT BANKING BILL
1 (jJ PASSED THE SENATE
' Hr -
1 ^.HINGTON, March 9. UP)—
1 W ouse today passed the Rooae
i c^mergency banking bill at 4
Te this afternoon and sent it
Senate whose banking com
jW reported it favorably as in
j^ed. The senate immediately
its consideration of the bill.
a®
wWSHINGTON, March 9, (A*)—
n< Senate passed the Roosevelt
fjQncy bill and sent it to the
.3 House for '. the president’s
stture
le
WASHINGTON, March 9, (/P)—
j^dent' Roosevelt tonight signed,
aemergency banking bill, provid
^for expansion currency and im
j^ring him to reopen all sound
• i M .
G ~
fj RELIEF IN SIGHT
‘^JNDATED, March 9. (#*)—The
gklng situation fwas further, re
^ed today as Federal Reserve
j.ka opened their coffers to fac
^jate financing of necessities.
^Secretary Woodln told Reserve
l^rds they could give currency
Tmemfoer banks for neoessary pur
-ses, In exchange for gold or
Id currency. There are indica
(ns that the administration will
►ve toward a controlled currency
sis, under the Glass-Steagall Act.
decision as to whether a nation
scrip Idea will be" abandoned,
expected soon from Roosevelt,
ter the immediate emergency is
et. He will lay a complete bank
lg reorganization plan before
ongress soon.
Clearing house scrip plans are
eing ‘held In abeyance pendign a
inal word from Washington. Checks
igainst bank ‘balance* were pr'o
xounced good for lenome tax pa.v
nents due March 15th. Millions
I’f people everywhere, continued to
pay “chanV it” when making - pur
ic bases. .
OFFERS OPTNTON
. WASHINGTON , .March 9. (/P)—
Secretary of the Treasury Wood
in in regulations today replied
that National or State banks may
exercise their usual banking func
tions to the extent absolutely nec
essary t'o meet the demands of
their Communities for food; medi
cine, and other necessities to re
lieve distress; the payment of us
ual- salaries, wages," or necessary
current expenditures for maintain
ing employment, and for other es
sential purposes.
His remarks permitted that any
banking institution tnay deliver to
the ov.ner, properly Identified, doc
uments and securities held for safe
keeping, and where settlement for
checks charged to accounts on or
before March 4th, is incomplete,
settlement may be completed where
such esttlement does not involve
payment of money or currency.
GOV. PARKS MESSAGE
TO JOINT SESSION LEG.
_
"
JUNEAU, Alaska, March 8, (A1)
—'Maintenance of taxation on the
present existing levels, the curtail
ment of appropriations and expen
ditures to Jbe drastically cut, in
order to achieve a balanced bud
get, was urged upon Alaska’s law
makers at a joint session of the
Senate' and House, Wednesday af
ternoon by Governor George A.
Parks. * -
His biennial message said, .that
while the natural resources are
unimpaired, the opportunities are
as great as ever "before, "we are
entering upon what may prove to
he, one of the most critical periods
in our history."
Governor Parks called attention,
because of the unusual and unfore
seen developments throughout the
nation during the past few days,
and the rapidly changing ecoonmic
situation which may ha-ve a far
reaching effect upon Territorial In
dustries, declared that the Terri
tory of Alaska was In fine condi
tion now and that it must be
maintained.
SUES FOR DIVORCE
„ W-; i
^ SEATTLE, March 9, (JP)—Mrs.
Anna Frieda Greenberg, poetess,
using the pseudonym of Johanna
Frieda, today sued for divorce
from Herbert Greenberg and a
share of his mining claims located
In the Cape Nome Precinct, Ter
ritory of Alaska, for which she said
he offered two hundred and fifty
thousand dollars. She said he
has a twenty thousand dollars
yearly income and that he has
been stingy with her.
JAPANESE PROCEEDING
UNDATED, March 8, (/P)—The
Japanese campaign of seizing all
of China’s fortification on the
Great Wall and garrisoning them
with Manchukuoan troops appears
to proceed with but little inter
ference. Although the Chinese ap
pear to be completely' disorganized
two more regular divisions from
Peiping have been sent out to aid
the defense against the Japanese
army approaching from Jehol City.
FRIDAY
(From Nugget Dally Bulletin.)
TO REPORT NAMES ALL
PERSONS WITHDRAWING GOLD
FROM MEMBER BANKS
WASHINGTON, March S-9, </P)
—Expressing gratification on the
pledge of cooperation from Con
gressional leaders. President Rocsr
evelt in a statement early today,
predicted the immediate passage
of the emergency banking pro
gram, by the Senate and House
soon after its introduction in hill
form.
The President said he had a
conference with members of the
Senate and House “over the mea
sure dfchich has been carefully
studied and prepared, which, he be
lieves will immediately relieve the
financial situation confronting the
country, ^at once and start bank
ing operations throughout the en
tire country."
Details of the plan are not dis
do ed. In the meantime the Sec
retary of the Treasury has launch
ed a drive upon gold hoarders
with a thinly -veiled threat of pub
lishing the names as arer '
Secretary Woodin’s direction ot
orders went forward to the twelve
Federal Reserve Banks to report
the nftmes of all persons who have
withdrawn gold from member
banks since February* 1st, and who
fail to deposit it by March 13 th..
Officials while reticentj indicate
that the move on the part of Roos
evep’s genii.il plan will end the
hoarding. Confidence is expressed
that a large portion of the gold
rio\^ held privately -will be turned
in for other currency before March
13th. With the gold back the
hands of the federal authorities
can be utilized as a basis of con
trol- for the currency expansion
plan, which has been substituted
for scrip money. The idea was
originally contemplated by the
leaders of both parties who attend
ed the president’s conference.
ACTIVITIES STOPPED
HOLLYWOOD, March 9, (A3)—
Following an ultimatum from pro
ducers, all activities at all stud:
ios have ceased unless there is
a drastic pay-icut by all emplpyees,
for an eight week period.
Union labor leader officials of the
association of motion picture pro
ducers are to confer on the/ pro
blem, Studios will remain open
pending a settlement.
RELIEVING BANKING PROBLEM
WlAiSHINGTQN, March 9, (vP)—
Eight regulations relaxing the
stringency of Roosevelt’s proclama
tion were announced today by
Secretary of the Treasury Wood
in, which provided for the limit
ed reopening of banks for accept
ing new deposits subject to with
draway without restriction. All
such accounts are to be kept sep
arately with full repayment on
demand of .depositor*.
The third regulation provides
for the handling of drafts for ship
ment transfer and delivery at
food-stuffs.
Fourth: Free access by customers
to s&ftejr deposit vaults.
Fifth: Making change but with
out packing out gold or gold cer
tificates.
Sixth: Cashing checks drawn on
the Treasurer of the United Stat
es but not in gold or gold certi
ficates.
Seventh: Returning without re
striction all cash, checks etc., re
ceived for deposit or collection af
ter last closing business hours and
not entered on books.
Eighth: Accepting in cash or
otherwise payments on account ot
notes or ' other obligations due
banks.
HOOVER TO RESCUE
NEW YORK, March 9, (£>)—In
a fourteen word statement, Her
bert Hobver Thursday sent out an
other call to support Roosevelt’s
efTorts to straighten out the bank
ing situation. *rtie statement came
i in respone to many requests. The
former president said "There is
;ust one thing to do and that it
is to support the president’s pro
posal."
bank holiday extended
INDEFINITELY
WASHINGTON, March 9, OP)—
•By Proclamation, President Roose
velt tonight extended the modified
•banking holiday indefinitely.
WASHINGTON, March 9, OP)—
“A national emergency still exists;
it is necessary to take fiirther meaa-1
jures extending beyond March 9tli
in order to accomplish the purpose'
intended by the orlgin.il proclama
tion of last Sunday”, said the
President’s decree.
WASHINGTON, March 9,
Friday, Secretary VVoodin issued
a statement which said it would
be the policy of the ‘Treasury • to
jopen sound banks throughout the
country, as rapidly as possible, but
■it" might take several- more days,
.especially when the treasury must
pass on the conditions cf the banks.
He invited banks to make'appli
cation for reopening. Senator Glass
said the reason the bank holi
day was extended was to give
[more banks the opportunity to seek
[shelter under the Federal Reservi
system. .'I
' i>
NOTICE TO THE PUBLIC
| President G. It.. Jackson, who Is
now in Seattle, is icing every ef
1-rt to grain-perm is lion to re-open
tmr bank under the normal enndi
lions existing prior to the holiday
declared by President. Roosevelt’s
proclamation, and wo have reason
to hope he will be successful, as
; our bank is in excellent financial
rondition. In the meantime, whUc
we are waiting for some definite
news, authority lias, been granted
us to cash checks on this bank,
by those who are in Urgent need,
i up to twenty-five dollars.
J. S. STANGROOM,
Cashier, Miners & Merchants Bank
of Alaska.
WASHINGTON, March 9, (ff)—
President Roosevelt presented con
gressional leaders Thursday night,
a bill calling for five hundred mil
lion dollars in cuts federal expen
ditures.. The reductions will be
made large of veterans appropria
tions, and government employees
salaries. It was reported that he
did not plan to cut any salaries
more than 15 percent.
To save writing letters, mail »
‘*i>y of Tlie No!mo \'neurit i n
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NOTICE
I
,Anyone receiving news of friend?
others returning to. Nome at
any’ time, the Nugget would appre
ciate an opportunity of making
^tocal mention of same.
SUMMONS
No. 442w
In the District Court for the Sec
ond Division of the Territory of
Alaska.
J. S, Stangroom, Plaintiff,
vs
A. V. Cordovado and a Cordovado
Gold Dredging Company, Corpor
ation, Defendants.
The President of The United,Stat
es of America, to the above-nam
ed Defendants, Greeting: —
You and each of yon are here-'
by required to appear in the Dis
trict Court for the Territory of
Alaska. Second Division, within
fliirty days after the fast publica
tion of this Summons, pamely: with
in thirty days after the eleventh
day of March, 1933, in case this
Summons is published, or , wilthin
forty (40) days after the date
of its service upon you, personal
ly, and Snower the, complaint of
the above-named plaintiff on file
in the said Court' in the above-en
titled action.
The said plaintiff in said action
demands the following relief: The
adjudication of th© amount due
and the foreclosure of twenity-flve
(25) labor liens which were filed
against all the mining claims own
ed by defendants on the Inmachuk
River, on its bench, and adjacent
thereto, In the Fairhaven Record
ing Precinct, Territory of Alaska,
Second Division, also, upon all the
waiter rights, ditches, mining equip
ment, mining tools, paimp, camp
outfits, buildings, and all personal
property of every kind and name
owned by defendants and used by
defendants In carrying on Wining
operations; on said mining pro
perty, and which are situated on
or adjacent to said mining property.
'And' in the event you fail to
appear and answer the plaintiff
will take Judgment against you
for want thereof, and will apply
to the Oonrt for the relief demand
ed In hi®? complaint, and as here
inabove stated.
Witness the Honorable Lester 0.
Gore, Judge of said Oonrt, and
the Seal of said Court hereunto
attached on this 14th day of Feb
ruary, 108*.
(SEAL)
THOS. D. JENSEN,
District Clerk
By NORVIN W. LEWIS
Deputy Clerk
Publish—Feb. 18,SB, March 4.
11. IBM.
NOTICE OF FORFEITURE
TO M. J. SHEEHAihf; and TO
YOUR HEIRS AND LEGAL RE
PRESENTATIVES:
You and eacn oil you are hereby
notified that the undersigned has
expended the sum of two hundred
dollars during each of tho years
1930 and 1931 in annual labors
and improvements upon the A. B.
C. and I. X. L. PLACER CLAIMS,
Of forty acres each; the said A.
B. C. Placer Claim is situated on
Armstrong Gulch in the Cape Nome
Precinct, Territory of Alaska, the
location notice of which is record
ed in Vol. 208, Page 472, of the
Records of the said Cape Nome „
Precinct; the said I. X. L. Plac
er Claim is situated on Willow
Creek, in the Cape Noane Precinct,
Territory of Alaska, the location
notice of ■ which is recorded in Vol.
208, Page 473, of the said Cape*
Nome Precinct; also, l^iat the un
dersigned has ex-pended the sum'of
two hundred dollars during' each
of the years from 1924 to 1931
upon - each of the following placer
claims of forty acres, viz., SINN
FEIN and the L1LLEY PLACER"
CLAIMS; the said Sinn Fein Plac
er Claim is-situated on the ijight
limit . of Cripple River and the
right limit of Willow Creek in the
Cape Nome Precinct, Territory of
Alaska; the location notice of the
Sinn Fein Claim is recorded In Vol.
208, Page 165., of the records of
the said Cape Noma.-Precinct; the
said Lilley Placer Ciatm is sit
uated on Cripple River below the
tnouth of Willow Creek in the
wume jrr©cancx, Terri
tory of Alaska, and the location
.notice of said claim is recorded
in Vol. 208, Page 224, of the
Records of the said Capa Nome Pre- •
cinct; that said sums were expend
ed upon each of the said four
placer claims during each of the
years above specified in order to
bold said, placer claims under the
provisions of the laws of the Unit
ed States and of teh Territory of '
Alaska concerning annual labor up
in placer mining claims.
YOU AND EACH OP YOU ARB
FURTHER. NOTIFIED that if with
in ninety days from the comple
tion of the publication hereof yon
fall or refuse to contribute 'to the 7 ^
undersigned your proportionate
share of such expenditures, as a
co-owner, your interest in each of
said claims will become the pfo
perty of the undersigned, co-own
er, who has made such required
expenditures.
Dated: Nome, Alaska. Decem
ber 31st, 1932.
WM. A. SHEEHAN,
Publish—Dec. 81, 1982, Jan. V.
14. 31, 2*. Feb. 4, 11, 1$, 1*,.
March 4. 11, if, 2*. 1921.