Ifce -Bails <&la*kan
OFFICIAL CITY PAPER.
i Anlrtri aa > or mil claaa mail mattur
July 8. l?s, at the Poatofflce
at AixJt*
L. ?. K?llor, Publish*.
8ab??rlpUon Rataa.
do* moaUi by mall .7&
One saoaU by carrier 1.00
TfcPM MoatUa by mail 2.20
Six Bo&t&a by mail 4-&0
Om yaar by mail 9.00
StfcacrlpUoo* and advertisement
received by:
Itaaitt Ntn Go. .. Whitahorse, Y.
m. W. Gideon Carcroaa. Y. T.
I. L. Plllman Atlln. B. C.
?. X. Baxnett Halnee, Alaska
THE POSTAL SAVINGS BANKS
BILL.
After a hard fight the Carter pos
tal savings bank* bill passed the Sen
ate Saturday by a close vote and will
now go before the House. In-as
tuoch as most of the opposition to th
measure was among certain Senators
l* seems safe to predict that the bill
will pass the House and become a
law. a* President Taft favors it and
will Interpose no veto. The bill, if
passed, will become effective three
months from the date of its passage.
Briefly, the Carter postal savings
banks bill provides a system of sav
ings depositories to be established in
connection with all postoffices of the
fVrstf. second and third class in every
state and territory of the United
States in which sums of not less than
tl and not more than $300 can be de
posited. Interest at the rate of 2
per cent per annum will be paid upon
ill deposits. Any one over ten years
of age can make deposits and the de
posit made by a wife in her own
name is not subject to her husband's
control None of the accounts are
subject to check drawing. N'ot more
than $100 can be deposited during ai.y|
calendar month. The system shall be
under the direction of a board of
supervisors consisting of the Post
Master General, the Attorney Gener
al and the Secretary of the Treasury
of the United States.
All funds received by the postal
depositories shall be deposited in any
solvent bank subject to public inspec
tion and supervision and as nearly as
practicable in the immediate vicinity
of the postoffice where the funds are
received These banks shall give an
indemnity bond to cover such deposit
and shall pay interest on the same
at the rate of 2 1-4 per cent per an
num. The board of supervisors must
at all times maintain a reserve fund
in the treasury of the United States
? mounting to 10 per cent of all the
oostal deposits.
The bill Is desired to encourage
thrift among the working classes and
to guarantee an absolutely safe de
pository to people of small means
who lack confidence in ordinary
banks and who personally hoard their
Kurpl&B earnings rather than to en
trust them into the hands of private
banks. This practice is particularly
prevalent among people of foreign
extraction and many of these people
now resort to the use of money ord
ers made out to themselves as a meth
od of safe guarding their funds.
As there are no less than 51,000
ixw offices in the United States that
?UI become depositories under the
Carter bill It is believed that the act
win result in putting in circulation
millions of dollars that are now hoard
ed and kept out of circulation. It is
belteved that the money thus put in
circulation will go far towards reliev
ing the country in times of financial
Htringency.
The chief objections to the biU
are that it will interfere with private
banking business and is a menace to
the financial fabric of the country:
that it verges toward paternalism:
and that the system will become so
cumbersome as to seriously interfere
with the other business of the postal
department..
Another objection urged by Senator
Heyburn of Idaho, who was the lead
er of the opposition to Uhe bill, was
that the funds accumulated by the
postal depositories are turned over
?o the banks at a low rate of inter
nal and that the board of supervisors
have too much latitude in the placing
of this money; that inevitably It will
be drawn Into the larger financial cen
ters and used In stock manipulation,
and that the government will be a
heavy loser In the end through the
failure of the banks which have pos
tal deposit funds for which the gov
ernment must stand responsible.
The first objections to the bill do
not seem valid, as the postal savings
banks will undoubtedly put Into circu
lation much money that is now hoard
ed in secret hiding places and as the
banks will ultimately have the use of
this mouey at a low rate of Interest,
It seems obvious that both the banks
and the general financial condition
of the country will be helped rather !
than hurt by postal savings banks. As I
for the bill being paternalism that
hardly constitutes a fair or logical ob
jection. The tendency of the times
is verging towards paternalism.
There seems, however, to be some
substantiation in the objections made
by Senator He.vburn. As the bill was
originally drawn the disposal of the
funds secured by the postal deposit
orles is loft entirely too much In
the Judgement of the board of super
visors and their Judgement Is not
limited by law; at least not strictly
defined. Without some prohibitury
provision the money from the postal
depositories would undoubtedly gravi
tate towards the money centers and
in time of a panic the board would
be the practical arbiters of the finan
cial fate of the nation. There is a
danger In giving this power to three
men, particularly when we consider
'he posslblo porsonale of the board,
judged by the present. But this fea
ture may have been amended before
the passed tho Senate.
Postal savings bank# aro now estab
lished in England. Canada, Belgium.
Japan. Italy. Netherlands. France.
Austria. Sweden. Hungary. Finland
and Russia and all havo worked out
successfully. There seems to be no
reason why the system should not
prove extremely beneficial in the Un
ited States and go far towards pro
moting thrift among the people of
smaller means.
Certainly the postal savings banks
will be especially appreciated In Al
aska and the other territories, where
the existing banks do not always
provf desirable depositories.
It's Important! t
This matter of writing paper,
?on'ti experiment. Use the paper
that everybody knows is correct.
It is "Made in Berkshire" by
EATON, CRANE A PIKE
and we carry it in many styles.
WILLIAM BRITT,
Druggist Skagway
> wtoitftx ?
tact to
I COME IN AND GET OUR PRICES ON
Choice, Dainty Pieces of Carved Ivory
tucb *s Cribbage boards, Paper wf^buand Knive* and Napkin rings
Alaska Silver and Copper Novelties
Suvenir spoons, Br?ce!cts, EnvHope opcoera and P*p?;r knives
Cut Mass, Hand Painted Japanese China and Nugget
Jewelry
Alaska Cedar Pacques, Leather Wall, Banners, and
Sofa Pillow with Burnt Designs
I J. IKma ?"?'!
? III ?!! I HI II HI III II II III II II I III Ml ?llll !? HIIM Mill II I
&EATED AND LIGH . ED FINE SAMPLE KOOM
BY ITS OWN PLANT FOR DRUMMERS
Ulbiic Pass fiotel
P. D McMillan, Manager
Cargesi and best appointed Hotel in the Yukon
choice B.v, stock miwebom, ?.
RATES MODERATC
f
HEADQUARTERS FOR FIRST CLASS CAFE
ATLIN-CONRAD STAGE IN CONNECTION V
CHOICE BAR STOCK V
Caribou Hotel
E. W. GIDEON. Proprietor
NICELY FURNISHED ROOMS
FURNACE HEATED
i
Carcross, Y. T. |
n
MOORE'S lAiHHRF CO.
Terminu? W. P. <k Y. Route
All South Bound Steamers Arrive and Deoart FromThla Dock
REGULATIONS 1909
Warehouse open for delivery of merchandise from 8 a. ra. to 5 p.m.
Perishables kNLY delivered on Sunday or at night.
All frttght s i Ipraents destined southbound must be accompanied by a
Shippf-.k's Manifest (papers can be obtained at the U. 8. customs
office) -cd must be delivered before 5 pm. No freight will bo ro
ceived on wharf after this nour.
BAGGAGE? Tolls win oe collected on Checked Baggage Onli. No
charge for baps and grips when unchecked. t
The wharf gato will be clo'-jd to the public when steamer is nearlng n
doclc and will be oport d only whin passengers have disembarked
Wharfaire Tariff can bo o*d ?>n ?poHcation at office on dock,
P. O. Box 176. E. J. SHAW RESIDENT, MANAGER
iimMimiiiiissssasssummiimiimimimnimmmiimmmmnmnmuag:?
TheWhitePass &Yukon Route
TIME TABLE NJ. 22.
(Daily Except Sunday.)
No. 1. N. Bound No. 2. S. Bound
1st class 1st class
8 30 a. m. Leaves SKAC UAY Arrived 3 20 p. m.
10 00 " " WHITE PASS " 1 45 "
11 00 " ? " LOG ABIN M 12 42 "
11 30 " " BENNETT M 12 10 "
1 30 p. m. " CARIBOU " 10 25 a. m.
3 45 " Arrives WHITE HORSE Leaves 8 15 "
Passengers must be at depo j In time to have Baggage inspect
ed and checked. Inspection is stopp d 30 minutes before leaving time of
train.
150 pounds of baggage will be checked free with each full fare
ticket and 75 pounds with each half tare tlckat
| WARMER WEATHER COMING |
umxmm:u:::Buu:::u:uxx:x:u::u:x::iii.
Tbe roitiiii 0) 1 1>?- obuervnuoo iuKcd
nt Moor? wdnrf at midnU'M, Mar. 0,
It 1 I, 1(1
remjieraturo t,iiue otihervai n 7 ?rx?ve
Max. temp, preceding 24 bourn above
Min " " " 4 above
Mean " ? ?' " above
Barometer 2!l ^8
Cloudy and souib Wit d
INTERIOR WEATHER.
Whiteborse 18 below
| Lower Lc barge li "
I Atlin ;t ??
! Hootalinqua Ill "
I Big Salmon n ?'
1 Yukon Ctotwiog lo "
; Selkirk l.S "
; Coffee Creek 20 "
, Stewart 14 "
i Oi'ilvie IS "
Dawson L'.'l "
Our Christmas Poultry, Oysters,
etc., will arrive on the Cot
tage City, and as usual, our stock of
Turkeys, Geese, Ducks, Chickens and
Oysters will be the very choicest to
be found In any market in the North.
FRYE-BRUHN CO.
French Briar Pipes, Meerschaum
Pipes, Cigar Cas*es and Tobacco
Pouches at TONY DORTERO'S.
Come in or phone orders for Gibsoi
I Ryo and Val Blatz Beer; delivered to
! your home by Tho Mascot.
B. B. B. pipes need no description
1 and can only be bad at TONY DOR
I TERO'S.
JUNEAU S. IS. GO'S.
ELECTRIC LIGHTED STEAM
HEATED STEAMER
Carrying U. S. Mall
For Haines, Beruers Bay, Juneau,
Hoonn, Tcuakee, Sitka un?i Wayporu
-S^ILS ?
March 2, 8, 14, 20, 26
at 8:00 a. m.
WILLIS NOWELL, Mgr . Jineiu
W. W. BOUUHTOJN, A# -n:
Rrovlwav and Fifth At.' ? hon<
U. S- Mail Steamer
Carrying Passengers and Mail will
leave Skagway for Ilaines
Evory
Monday, Wednesday and Friday
Returning leaves Haines for Skas
way at 2 P. M.
FARE ONEWAY 51.50: ROUND TRiP 52.50
; BOAT CAN BE CHARTERED FOB
EXCURSIONS SUNDAYS AND
EVENINGS
' Cable Code "HeRB" Phon<* 8C
SKAGWAY
STEAMERS FOR
Seattle, Tacojha
Vi.oria, Vaocouvei , Anacorlw. Belling!, n- >
Everett, Olympia, Port Townser.d, bvu.'.
Ijellinginim, Eurc't.i, Sant.i Barbara. Mcxi <>
San Francisco, Los AngeSes, Sam Diego j
G. \V. ANDREWS. G. A. P. D . C. D. DUNANN. G. P. A.
1 13 j-'iuri St., ? I !2 Market St., Si.ii rrsncijcu
Rlnht reerved to chongo this Schedule
NEXT S AH LUNGS WILL ?E
S. S. COTTAGE CITY
March 3-15-27
FRANK H. STUART Agent, 2nd and Broadway, SKAGWAY
<3
A
ALASKA STEAMSHIP
COMPANY
rvtrnr U S MaII *nd A1**** I'ncltfc Expreu
N*rt .sallir.r of t.h? Kant Fj^oocfr Steamer
i S. S JEFFERSON
February 25th March 8th, 20th
Company reaervPH rijrhi to citanfcro nailing date without notice)
C. 13. GL'PTJLL, Agent. Phone 66
Canadian Pacific Ry.
(B. C. COAST SERVICE)
' STCAMSMP^.
PRINCESS MAY
FEBRUARY 25
March 8 18 28 April 8 18 28
to chitoee wit.i"ut notice
\ ; iivh, Viet' ria. Seattle, via Prince Rupert
r>hor 87 F. F W lOWLE ?g-nt
. ss :? ?. i in n wi
^ - - ? -
I IB
Will .Sail From
SEAGWAY for SEATTLE and Way Ports
March 6 - 18-30
bailing -datt> subject to change without notice.
? SEATTLE OFFICE W< W> BOUGHTON, g|
x 103 YESLER WAY phone 90 agt. 5th & Broadway
aWmkimumw-i II IB HI IIHIIIII llll IIIIBI II il ?? I? Wlllli II
.2J&r
fhrough Line From
Skagway to At in, White Horse, Big Salmon, Dawson and Intermedia'e Yukon River Points.
Tne new placer camps in the Alsek ?nd Kluane Mining Districts are reached only via Whito Horse
Winter Route Stage Service
During the winter season, when navigation is closed, daily trains will continue runniotf between
Skajway and White Horse. A through Mail, Passenger and Freight Service will be rnaintaioed
by ? Thoroughly Equipped Stage Line between White Horse and Dawsou.
Repular stages, carrying mail, express and passengers, leave White Horse for Dawson and
intermediate points.
Kor Conrad City, located in the heart of the newly discovered and fabulously rich quattr camp
of the Windv Arm District, take our daily trains to Caribou.
?'- ? information relative tit pa^seagei, freight .;m1 telegraphic rates, apply
to any agent of tb? Company, or to:
TRAFFIC DEPARTMENT
Vancouver, B. C.
A r, i '.ICR DOE, Gen. Mngr F1. B. WURZPACHER Gen Apn
Vancouver B C. ad Rkaeuay, \'a?kr ^Waguay, Aloska