UYDER WEEKLY HERALD
Established 1924
Published Every Saturday at the Herald Building,
Second Avenue, Hyder, Alaska.
Telephone No. 32
Chas. F. Sandford. Owner and Publisher j
Entered as second-class matter at the postoffice at Hyder,
Alaska, under the act of March 3, 1879.
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’'ending Notices, per line, per issue . 20
Notice of Forfeiture, single claims, 14 issues,.$15.00
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Unless otherwise agreed, all transient advertising is pay
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NOTICE TO ADVERTISERS
Changes in Display Advert ising for current weekly issue
must be presented not later than the Wednesday evening
preceding the day of issue (Saturday) or insertion will
oe delayed until the follow ing week.
AN INDEPENDENT NEWSPAPER
Tnis newspaper is not connect ed in any manner with any
si^ck brokerage firm or other establishment associated in or
interested in the sale of mining shares and publishes no in
rormation relative to local mining development that is not be
lieved to be in full accord with fact.
Reti cnchment ?
According to a Washington
correspondent, the new Recon
struction Finance Corporation
has already collected a rather
extensive and expensive staff.
*vhose salaries and special
fees now run from three-quar
ters of a million to a million
dollars a year. No less than
122 employees draw $5,000 a
year or more—most of them a
great deal more. Salaries of
$7,500, $10,000, $12,000 and
$15,000 are plentiful.
After all the wild clamor in
high government circles that
expenses must he reduced and
;i the heels of -large increases
of taxes to overcome the ef
fects of governmental extrava
gances, this looks somewhat
queer to the man in the street.
But even so, the R. F. C.
doesn’t begin to compete with ;
the Farm Board subsidiaries,
one of which pays $75,000 a
year to its cotton “expert”
manager.
Objectors to the high cost
tendencies displayed by the R. j
F. C. may find some consolat
ion in that.
-o
Are The Banks Standing In
In The Way?
“Bankers claim that, as cus
todians of other people's mon
ey, their duty is to keep their
institutions thoroughly safe. Ii
pursuance of this policy, they
'’emand that loans be safe
’arded by adequate colatter
or sold out. In other words
me banks have rated their own
safety first. This being so,
what logical objection can
these same bankers offer when
nervous depositors insist upon
withdrawing their funds and
putting them into strong box
“Banks that are out solely j
tor No. 1 cannot reasonably |
object to customers adopting
the same principle. Yet we all
know that that if any consider
able percentage cf depositors
were to follow ouch a course,
banks would find themselves
in a dilemna. The world’s
most famous bank, the Bank of ;
England, weathered many cris- j
es, not by hoarding its reserves;
when demand became clamor-1
ms, but by putting out funds i
icadily and generously—Forbes j
-o
Says Prohibition Is I mine ral
Discussing cunent world con
ditions, Premier Mussolini, j
whom no one will deny poss- '■
acres admirable insight, de
-lared recently that prohibit
ion is immoral; that perpetual
peace is impossible; that pros-i
perity will not return in any j
degiee within the next few
months and that capitalism is
finished and with it will go
reparations and international
debts.
-o
Thirty Years Ago
When eggs were three dozen
for 25 cents, butter 10 cents
per pound; Milk was 5 cents
a quart. The butcher gave
away liver and treated the kids
with bologna; the hired girl
received S2 a week and did the
washing. No one was ever op
erated on for appendicitis or
bought monkey glands. Mic
robes were unheard of and
folks lived to a good old age,
and everybody walked miles
to go to church or see their
friends.
Today, you know, everybody
rides in automobiles or flies,
Bays golf, shoots crap, plays
;he piano with their feet, goes
to the movies nightly, smokes
cigarets, drinks I’uckus juice,
blames the II. C. L. on the re
publican?, never go to bed the
same day they get up, and
think they are having a won
derful time.
These are the days of profit
eering, excess taxes, suffraget
ting, prohibition and bunk and
if you really think life is worth
living we wish you good luck
Uriion Reporter.
Just for Fun
-o
An economist says no good
business man is ever out of
debt. We appreciate this
eheeiing information.
Our economists know a lot
about business and finance,
but each one knows it in a dif
ferent way.
An American expedition is
eeking Noah’s Aik. And may
be Uncle Sam will buy it for
,he Shipping Board.
One consolation is that the
radio campaign orator has to
lUiL when his time is up.
Nearly everything about the
World War has been settled
j.xcept who started it and who
.von it.
After becoming partially civ
lized a Congo tribe got heavi
y in debt and took to the jung
.e again. We can understand
hat impulse.
Few people take as much in
terest in their own business as
their neighbors do.
“The legislature is on trial as
:o its common sense and legis
lative ability.’’ says a southern
oewspaper. And it will prob
obly be found not guilty of
ither.
Americanism: Using a S300
radio to hear a record played
on a ?67.50 phonograph.
It will be hard to prevent
wars so long as nations refuse
to stay licked.
INTERESTING NOTES
More than five million packs
of American playing cards
were sold in foieign markets
last year.
The railroads of the United
states employ directly over i
me and one-half million men i
and women.
At the end of the last fiscal
year there were 48,991 Union
veterans drawing pensions
from the federal government.
The oldest company iir the
world is said to be that which
owns the Falum mine in Swed
2n, which has been working
for 700 years without a break.
English scientists have de
veloped a plant known as bre
tex that produces a textile fab
ric, wood suitable for pulp,
and seed that is an excellent
cattle food.
TEN YEARS OR SO AGO
From the Hyder, Alaska, Miner
September 13, 1922.
Arthur Hall left Sunday for
New Westminister, where he
will enter Columbia College.
.Good progress is being hade
the construction of the Sal
mon valley telephone line. The
crew under L. R. Doggett, who j
started from the upper end of j
the route, completed the line |
to Fish creek last night.
Mr. and Mrs. W. S. Sullivan
have moved into their new
store building at the corner of
Premier and Nevada, which
includes a large ground floor
store and living quarters oln
the second floor.
Yael Rozenstain has built a
large lyarm storage compart
ment connecting his store and
warehouse, making the whole
building 100 feet in length. He
has also purchased the lot di
rectly behind the building and
across the lane.
The George Copper group of
20 claims near the head of
Sear river, has been bonded
by the Granby Company, who
will commence active develop
ment as soon as the ground can
be reached in the spring. This
is the most important deal on j
Bear river since the present era |
of mining activity commenced. !
The owner of the group is W. I
B .George of Stewart.
Mrs. Helen Beil and Mrs. El
mer Smith have opened their
new roadhouse establishment j
at Fish creek on the Salmon
river road. The new hostelry
is called the “Chicken Inn,” a
name which suggests old-fash
ioned chicken dinners, with;
real country gravy and all that j
sort of delight; which was ex
actly why they chose the des-!
ignation, as they intend to
specialize in just such service.
W. J. Benson, part owner of
the Virginia group, has sold
his Union Hotel in Juneau and
has bought into partnership
with L. S. Bigham in the lat
ter’s North Star Cigar Store
and restaurant.
The new tunnel on the Fish
Creek Mining Company group,
controlled by the American
Mining & Milling Company,
has entered into a new shoot
of solid galena ore, which was
one foot wide last Sunday and
promises to become a large ore
body with development.
P. R. Backus, United States
mineral surveyor, has just com
pleted surveying the Alaska
Premier group and a contract
has been let and work started
on the construction of a winter
camp, consisting of two cabins
20 by 25 feet in size.
An improved boat service
will be provided this winter
by the Grand Tiunk system.
The best that could be done
last winter was the Prince
John or Prince Albert every
two weeks. The promise is
now made that the Prince Rup
ert wiB remain on the mn at
least until Christmas.
PROFESSIONAL
^Ernest |§luc
^otarg public
JIgbrr, Alaska
FRANK A, METCALF
CIVIL & MINING ENGINEER
U. S. MINERAL SURVEYOR
JUNEAU ALASKA
PORTLAND CANAL LODGE
P 1218
LOYAL ORDER OF MOOSE
Howard Campbell, Dictator
P. S. Jack, Secretary
Moets Second and Fourth Thursdays
Second Thursday in Hyder
Fourth Thursday in Stewart
W II V
IV i ) T ?
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Hyder, Alaska,
HYDER Vi/EEKLY HERALD:
1932
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