The Hyder Weekly Herald
Established 1924
Published Saturday at the Her
ald Building in Hyder, Alaska.
Chas. F. Sandford
Owner and Publisher
Entered as second-class matter
at the postoffice at Hyder,
Alaska, under the act of March
3, 1879.
Subscription price $3.00 per
year in advance by mail or
carrier.
Advertising Rates
on application
An Independent Newspaper
Proving The Theory
The young Duchess of York,
tiring of repeatedly pouring
tea into small teacups f o r
her family and guests, pm-ch
a sell sumt: icii&ei tupa, uuiumg
nearly a pint. The simple ob
ject was to save herself a lot of
unnecessary effort in refilling
cups.
But it so happened that newj
of her sensible utilitarian pur
chase got abroad and all the
elite and others who could af
ford it hastened to do likewise.
Fine for the cupmakers and
dealers- and what a splendid
justification of Mr. Darwin’s
famous theory!
-o
Jefferson’s Warning
Against Banker Control
That too far-reaching con
trol by bankers of the national
currency is fraught with dire
danger to the people was for
seen by Thomas Jefferson is
disclosed by the following
wise and far-seeing statement
from his pen:
“If the American people ever
allow private banks to control
the issue of their currency,
first bv inflation and then b/
deflation, the banks and cor
porations that will grow up
around them will deprive the
people of all property until
their children will wake up
homeless on the continent their
fathers' conquered.”
However much one may de
plore the wide-spread pench
ant for denouncing bankers as
a class, disclosures of the inside
operations of the banking in
terests in recent years have
shown clearly that Jefferson
was right. Not all bankers
were involved in the deplorable
financial exploitations which
have been declared by compe
tent investigators as the basis
of our present economic dis
tress. Indeed only a very
small number of them can be
rightfully charged with impli
cation. But it has been dis
closed beyond question that
powerful banking interests
have for years virtually dictat
ed the issuance and distribut
icn of our currency and 30
manipulated money and credit
that they were able 13 domi
nate and practically control
the industry and wealth pro
duction of the nation.
Also it has been shown con
clusively that they were to a
very great degree responsible
for the vast inflation of securi
ties prior to the cataclysmic
market crash of 1929 and that
throughout the long period of
subsequent deflation the big
banking interests were the
principal opponents of all pro
posals or efforts to bring about
reflation.
Was it not admitted by one
of the great financial journals
controlled by Wall Street that
“it was understood at the start
of the depression that there
was a conspiracy to make it as
’ong and as deep as possible”?
Has it not been shown that
certain great bankers ordered
he deflation of record high
cotton prices and by their de
flative methods all but ruined
that great industry?
What are these but plain evi
dences that they had and
used their control of money
and credit to bring about in
flation and deflation?
Making all allowance for in
accuracies of evidence enough
till remains to demonstrate
clearly that the great financial
interests were hand in giove
with the depressive tendencies
until they gained such over
whelming momentum as to de
fy control and the country was
all but ruined industrially and
financially. But for this un
looked for eventuality it is
probable that, as Jefferson
j warned, the children of the
country would have awakened
! to find themselves homeless on
the continent their fathers con
quered.
As it is countless thousands
of them are today in exactly
that situation.
Just for Fun
o
Beauty contests have been
condemned by the Big Sisters’
Association, possibly because
the little sisters have carried
o'ff the honors.
As assistant secretary of ag
riculture, Professor Tugwell
will have plenty of opportuni
ties to live up to his name.
Next thing we know some
body will want to prosecute the
administration’s “brain trust”
under provisions of the Sher
man anti-trust act.
Giving unusual powers to the
President by Congress may be
justified on the theory that one
man is likely to make fewer
mistakes than 531.
Poor old Hindenberg! Who
could have thought he would
ever become a Nazi rubber
stamp?
TEN YEARS OR SO AGO
From the Hyder, Alaska, Miner
March 7, 1923.
-—_o
Dr. C. D. Carter announced
this week he will open a dent
al parlor here March 14.
i
Mrs. Chace, wife of Dr. W.
D’Arcy Chace, local physician,
visited her spouse during the
stay of the Jefiferson. Mrs.
Chace was enroute to Juneau
after visiting their son, who is
attending school in Seattle.
James S. Pitcher returned
Thursday from a visit in Ketch
ikan, where he was appointed
game warden for this district,
succeeding Sam Bartholemew,
resigned. He will have his
headquarters in Ketchikan and
will return there next week.
Mrs. Pitcher will remain in Hy
der until May.
The freighter Latouche, the
largest vessel to dock at the
Hyder wharf up to this time,
discharged about 250 tons of
machinery and supplies of var
ious kinds last Tuesday. The
consignment included a large
boiler and other machinery for
the Hyder Lumber Company,
80 tons of hay for the Premier
and 100 tons of coal for the lo
cal dealers.
Modern mine machinery and |
equipment is being installed in
the Indian mine and all the
men have been employed who
can work to advantage. A Chi
cago pneumatic air compressor
with a capacity of 310 feet has
been purchased and will be in
stalled shortly, a new bunk
under way and 400 barrels of;
oil have been taken in. The
upper tunnel is now in 400 feet
and is in ore all the way from
the portal. The No. 3 tunnel
has reached a lateral depth of
130 feet, the last 100 being in
ore, and No. 2 tunnel has been ;
| advanced to 1,300 feet.
INTERESTING NOTES
A beehive from which the :
honey is extracted automatic- j
ally through a faucet without :
destroying the comb or the bees ■
has been patented.
Within the past 100 years the j
| world’s Jewish population has j
grown from 3,000,000 to 16,
000,000.
I -
A hotel built on the rim of
the crater of a volcano in Ha
waii is heated by steam from
■the volcano.
A silent cannon which emits j
no smoke or flame when fired
may become an innovation in
the Italian artillery.
FRANK A. METCALF
am ft MINING ENGINEER
U. S. MINERAL SURVEYOR
JUNEAU ALASKA
Hyder
Methodist Episcopal
* Church
Rev. F. Bush-field, Pastor.
Hyder Methodist Episcopal Church
Sunday School at 10:30 a. m.
Evening Service at 7:30 p. m.
Everyone is cordially Invited to
the services.
I
PORTLAND CANAL LODGE
1218
LOYAL ORDER OF MOOSE
D. J. McLean, Dictator
P. S. Jack, Secretary
Meets Second and Fourth Thursdays
Second Thursday in Hyder
Fourth Thursday in Stewart
CHAS ,F, SAN0F3RD
NOTARY PUBLIC
HERALD OFFICE
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