HYDER WEEKLY HERALD
Established 1924
Published Every Saturday at the Herald Building,
Second Avenue, Hyder, Alaska.
Telephone No. 82
Chas. P. Sandford .Owner and Publisher
Entered'as second-class matter at the postoffice at Hyder,
Alaska, under the act of March 8, 1879.
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AN INDEPENDENT NEWSPAPER
T.iis newspaper is not connect ed in any manner with any
stock brokerage firm or other establishment associated in or
interested in the sale of mining shares and publishes no in
formation relative, to local min ing development that is not be
lieved to be in full accord with fact.
Wheat Pool Troubles
That pooling of farm prod
ucts, even o.n the largest scale,
is not a panacea for the farm
er’s ills, seems to be illustrated
by the difficulties that now be
set the great Canadian wheat
pool, which has been forced to
limit first payments on the
present crop to 60 cents a bush
el. In former years the initial
payment has never been less
than 85 cents.
„ As the 60 cents a bushel ad
vanced by the pool is consider
ably less than the market price,
and as many farmers have
pressing obligations to meet,
there is a great temptation to
“bootleg” wheat to buyers out
side the pool, instead of accept
ing the 60 cents advance and
waiting for the remainder due.
Last fall the pool withheld
much wheat from sale in an un
successful effort to force up
prices in foreign markets. Now
it is faced with a carry-over of
about 128 million bushels in
addition to the large new crop.
It all comes back to the old
law of supply and demand.
The fact is that there is more
wheat in the world than can be
sold at a price which will yield
farmers a profit. And while
cooperative marketing as ex
amplified by the pool may
sometimes work advantageous
ly, it seems doomed to break
down when a world situation
such as the present persists ov
er a long period.
-o
Hard Times Savings
Savings deposits are about
the poorest barometer of pros
perity, according to a state
ment by the Federal Reserve
Board, which shows that sav
ings accounts in member banks
are greater now than in the
early part of the boom year
1929.
Several r*asone are given for
this situation. One is that peo
ple are more disposed to pinch
and save in dull times, another
is that much money which
might be used for purchases of
securities in normal times is
now placed on time deposit.
When people are reluctant tc
make new improvements or in
vestments they are inclined to
use the savings account as a
means of obtaining at least a
small return on their cash cap
ital.
Therefore little can be judged
concerning general conditions
| by the amount of savings de
posits at any given time.
--o
A? Expected
(From Stroller’s Weekly)
I As expected it would do, the
Senatorial Committee that
| came north to look over the
Alaska Railroad made some
radical changes in the operat
ion of the road, and this in
spite of the fact that no fault
was found in the management
of Superintendent Ohlson. But
i it was up to the Senatorial com
mittee to do something and
they did it.
They did not do anything
that will effect a saving except
abolish the Chicago office, fire
the Assistant Secretary of the
Secretary of the Interior and
tun one passenger train a week
instead of two and, with the ex
ception of a rolling stock, the
I latter is not a saving.Itisdoubt
i ful if the whole thing as left
;by the committee will result in
the saving of fifty thousand
i a year, but they had to do
something to camouflage their
trip.
The Alaska Railroad always
has, since put on a business
plan, been a growing proposit
ion but the growth was not in
accord with what the committ
ee thought it should be, hence
the changes suggested. It is
what was expected would be
done. The actions of the sup
erintendent, while he wa,s not
in anyway censured, were re
pudiated and the railroad must
now be run according to the
ideas of the committee that
was never in the railroad bus
iness and knows nothing about
railroads. But they had to do
something to justify their trip.
It is doubtful if the suggest
ions made by the committee
will save anything of any ac
count and at the same time"
they may lose more than they
save. It is a tough proposition
when a committee of senators
that knowns nothing about rail
roadin can dictate the policy of
a road.
Just for Fun
The saddest Scotch joke is on
the fellow who buys it think
ing it is really Scotch.
Skirts are getting lower, but
their price isn’t.
Bernarr McFadden says sex
should be extolled and deified.
And Bernarr seems to be doing
his bit in that direction.
A man’s true worth probably
j lies somewhere between his
own estimate and that of other
people.
You are not considered very
important if each mail doesn’t
bring you a questionnaire or
j two.
Anyway, we are glad that
Mr. Gerard’s list of 64 ‘rulers”
didn’t include a crooning tenor.
There is a world surplus of
sugar. A good time for that
kind of daddies to stock up.
Hosiery manufacturers prob
ably consider the bare-legged
fad decidedly immoral.
The midget golf industry is
getting almost big enough to
warrant a Senatorial investi
gation.
Henry Ford says business will
get better but we won’t know
it when it does. Maybe it’s
better already, for all we
know.
“Se.est thou a man diligent in
his business? He .'••hall stand
before kings.” And also be
fore the Federal Trade Com
mission.
Whether administrations are
responsible or not, they get
blamed for bad times. And
never fail to take credit for
good ones.
Bone-dry insurance for tee
totalers is the latest develop
ment in that field. Bone-head
insurance remains to be
worked out.
A banker advises using as
much care in selecting Cong
ressmen as is given to selecting
golf and fishing outfits. Thai
would be bad for a lot of Cong
ressmen.
The war memorial on Stone
Mountain should also include
a scene depicting the war over
carving it.
A prison baseball nine beat
Washington police, 13 to 6.
Probably through greater skill
in base stealing.
Mohammedan women are de
manding the right to see their
prospective husbands before
marriage. The male attitude
on the subject has not been re
vealed.
WHAT’S NEW?
Non-poisonous dyes have
been developed by scientists in
Minnesota which color cut
flowers but do not injure them.
A new safety device has been
designed for automobiles by
which the slightest impact
against the bumper brings the
car to a quick stop.
A wedge has been invented
for splitting logs in "which a
e-harge of powder is placed
and fired with a fuse.
Two engineers in France
j have invented a motion picture
! -.creen which permits showing
pictures outdoors and in light
ed halls.
Glasses can now be designed
i to fit in direct contact with the
eye, just as false teeth are
made for the mouth, the eye
glasses being held in place by
i capillary suction.
It is now possible to extract
jthe oil from citrus peels by a
[new squeezing machine, and
j the oil is used for flavoring
jsoft drinks, candy, bakery
; products, pharmaceuticals and
i extracts.
INTERESTING NOTES
Of the white nations, Irish
have the largest families and
the French the smallest.
—
Iceland, with an area about
i as large as Kentucky and a
(population of nearly 100,000,
■ has no railroads.
—
In the manufacture of glass
j in the United States, a little
less than 2,000,000 tons of
sand are used every year.
Dr.’ William M. Steuavt, di
rector of the census, says there
is one person born in the Unit
ed States every 20 seconds.
A Catholic women’s convent
| tion in Baltimore declared the
j stockingless fad for women to
be un-Christian.
J. B. Hargis and Charles
j Creighton drove an automobile
j backward from New York to
Los Angeles in 456 hours.
St. Louis Cardinals won the
longest baseball game of the
season, defeating the Chicago
Cubs, 8 to 7, in 20 innings.
It is estimated that 96,000
people travel between New
York and Philadelphia each
week; 79,000 between New
York and Washington.
Recently the Prince of Wales
received three military promot
ions simultaneously-from cap
tain to air marshal, from capt
ain to vice-admiral, and from
colonel to lieutenant-general.
A harvester-thrasher has
been invented for the small
grain grower which cuts and
threshes an acre in half an
hour.
PORTLAND CANAL LODGE
1218
LOYAL ORDER OF MOOSE
Meets Second and Fourth
Thursdays
Second Thursday in Hyder
Fourth Thursday in Stewart I
WATCHES! WATCHES!
Waltham 17 and 23 Jewels j
Hamilton 19 and 21 Jewels
Elgin 7 and 15 Jewels
Wrist watches, Waltham, El
gin & Hofes, $12.50 to $25.00
Jewelry made to order, repair
work Anything in jewelry fur
nished on short notice.
Crosley Radios on Hand. Come
In And Look Them Over.
THE NUGGET SHOP
We have temporarily discon
tinued the local manufacture
of rubber stamps, but will re
ceive orders for outside deliv
ery. Phone 82.
PROFESSIONAL
, ^intest |8lue
Attorney at 'JiSatoi
Jlgbfr, JMaska
C. H. SUNDMACHER
ATTORNEY-AT-LAW
NOTARY PUBLIC
Office Bungalow Hotel
FRANK A. METCALF
CIVIL & MINING ENGINEER
0. S. MINERAL SURVEYOR
JUNEAU ALASKA
CHAS. F. SANOFORD
NOTARY PUBLIC
HERALD OFFICE
r
NOYES B O A T C O M P A N Y
Operating M. V. Fairbanks, Carrying U. S. Mails
FREIGHT and PASSENGER SERVICE BETWEEN
HYDER and KETCHIKAN
Hyder Dock Company, Hyder Afcents
v
A. J. MAYER P 0 BOX 123
...HYDER MACHINE SHOP...
HYPER OARA «E
Plumbing Steamfitting Black-smithing General Renairs
Authorized Ford Agent
Genuine Ford Parts
AGENTS FOR FAIRBANKS, MORSE
ENGINES & MACHINERY
HYDER ALASKA