HYDER WEEKLY HERALD
Established 1924
Published Every Saturday at the Herald Building.
Second Avenue, Hyder, Alaska.
Telephone No. 32
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 RATES.
By mall, pottage prepaid, at the following rates i
One year in advance . $3.00
Six months in advance . 1.60
Three months in advance .90
Rates quoted applicable only to subscriptions Paid in Advance.
Delinquent Subscriptions Will be Charged for at the Rate of
$4.00 per annum.
Single copies . 10
ADVERTISING RATES.
Transient Display Advertising, per inch, per issue .$.50
Minimum Charge. 1.00
Heading Notices, per line, per issue . 20
Notice of Forfeiture, single claims, 14 issues,.$15.00
Notice of Forfeiture, additional claims, each $2.50
Applications for Patent, 10 issues, per line.50
Other legal advertising not specified, per line, .15
Unless otherwise agreed, all transient advertising is pay
able in advance at specified rates.
Note—Extra charge will be made when unusual compos
ition is required.
NOTICE TO ADVERTISERS
Changes in Display Advert ising for current weekly issue
muse be presented not later than the Wednesday evening
preceding the day of issue (Saturday) or insertion will
be delayed until the follow ing week.
AN INDEPENDENT NEWSPAPER
Tnis newspaper is not connected in any manner with any
nock 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
leved to be in full accord with fact.
Few Leaders Control
Minimizing the importance
of the reapportionment of
membership in the national
House of Representatives, Sen
ator Thomas of Oklahoma de
clares that it really does not
matter how many members
there are, as four or five men
run things anyway.
This is doubtless true. So
far as legislation is concerned,
the average congressman has
very little influence, and all
the brave speeches made on
the floor change few votes, if
any. The leaders decide what
legislation is to be passed, and
if they find that they cannot
command enough vottes to put
a measure through they just
sidetrack it and await a more
favorable time.
Hundreds of bills are intro
duced which their proposers
well know have not the slight
est chance of enactment, but
these gestures sometimes im
press folks back home, and
when they fail there is always
a plausible alibi ready.
Every Congressman performs
much useful work in Washing
ton for his constituents, how
ever, looking after matters be
fore the various executive de
partments and bureaus. Most
of them are able to get a new
postoffice building or an ap
propriation of some kind for
their district occosionally,
which add to their prestige.
But so far as influencing gen
eral legislation is concerned, a
very few members run the ma
chine. The rest might as well
stay at home.
-o
WOLVES OF WALL STREET
Financial Letter of Kerr & Co.
San Francisco.
“Wall Street: The Alma Mat
er of mergers—where business
men lured by promises of great
gain turn over unit concerns to
big business— accept stock of
mergers and learn a merger is
often a mirage—and that they
“sold themselves down the riv
er.’ ”
The Stock Exchange is re
garded as the greatest protece
ed gambling hell on earth,
where it is always open season
for suckers. Investors pit their
feeble wits against fraudulent
propaganda—frenzied market
rigging — manipulation — the
swindling margin game—ball
ooned stocks and vicious short
selling. Millions of investors
lose billions of dollars in a
“Shell game” that can’t be
beat.
Depreciation of 128G “safe
securities” on the New York
Stock Exchange from the 1929
high to recent low, is reported
at 60 billion dollars. The mind
jean comprehend that only by
comparison. If in gold loaded
on express cars—12 tons per
car—it would make a train
124 miles long. It approxi
mates $31 for every acre of
land in the United States—
$480 per head of population.
That vast sum of money rep
resents false values squeezed
out of “safe securities” on the
New York Stock Exchange. It
does not include depreciation
of stocks on other exchanges,
or loss on stock of 1345 bank
failuies in 1930, and 932 for
the first eight months of 1931.
Financial and corporation
acketeers — allied with stock
exchanges — investment bank
ers— thousands of big and lit
le banks—sold at swindling
oi ices—clearly evidenced by
present prices—billions of dol
lars of stocks, “rights, ’’mort
gages, bonds, investment trust
shares—as “safe securities.”
Sedulously promoting stock
gambling, taking billions of
dollars from legitimate busi
less, and as a result the panic
’allowed.
A few years ago Tom Lawson
hrew a monkey-wrench into
Wall Street machinery when
he called the big boys liars,
md thieves, and the tricks of
he game downright thievery.
The Armstrong committee
esulted from the Lawson ex
>ose. Hughes, the present Su
>reme court chief justice, head
>f the commission, made the
>ig boys ‘cough up” and re
form. Some fled the country
like Lightened rats- desert a
| sinking ship. History shows
what happened to some of the
| crooks.Demand of your
senator and representative leg
j islation that would make fel
Jon8 of the wolves of Wall
Street. Had this been done
years ago there would have,
been no panic. And the mil
lions now unemployed would
have jobs, shelter and food.
Just for Fun
-o-—
The most provoking husband
is undoubtedly one who talks
indistinctly in his sleep.
Foreigners in China would do
well to .make a break for the
“open door” that opens out
ward.
Fewer college girls marry,
which may indicate that higher
education improves the judge
ment.
The modern test of statesman
ship appears to be the ability
to devise a new and relatively
painless tax.
TOO MUCH!
r
I ^
••.So 1‘eckly has gone into nervous
' prostration us to where to spend his
i vacation?"
‘ Yes, and on top o' that his wife
: guve him a piece of lavendar dress
goods to match. That was his flu
, ish!”
Gambling is said to be a nor
: mal human weakness, which
may account for some of the
( marriages that take place.
■ 1 ' —
Some politicians seem more
concerned with getting credit
for relief measures than they
i are in relief itself.
—
A writer declares that con
| tented citizens are a town’s
best assets. But who ever knew
ia contented citizen?
It seems that the first step to- j
ward becoming a movie star is j
to form an addiction to a popu-1
lar brand of cigarettes.
INCOMPLETE TEST
1 "How long ilo you suppose u man I
can go without air?"
“Hard to tell. The longest sleeping
i cur I rip I ever took occupied three
days.”
In Italy it is not permissable
to make jokes about the army.
Even a second lieutenant is tak- i
; en seriously over there.
-
) A doctor advises that a per
fect observance of health rules
would add 20 years to the av
erage pei'son’s life. If he could
afford to live that long.
There is little danger of be
I ing struck by lightning or by a I
new idea.
Some fellows think inducing
a banker to renew a loan is a
good day’s work.
It appears that an economist
is a superior person who can.
tell us when we are in the mid
dle of a bad fix.
• -.as- ■
TEN YEARS OR SO AGO
From the Hyder Alaska Miner
March 8, 1922
Little Billy Stump, at one
time the only boy in Hyder, re
cently boxed three rounds at a
Pioneer smoker in Nenana.
The unusual spell of cold
weather just passed has made
14 inches of clear ice on the
pond near the sawmill and W.
L. Balch is cutting a supply for
the summer. He intends to put
up about 100 tons.
Bill Duff, who is operating a
shoemaking shop at Eleven
mile, was in town this week.
The jail is to be moved from
the piling into the Lindeborg
addition.
T. W. McDonald, Hyder’s
new deputy marshal arrived
Sunday from Ketchikan with
hi swife and child and has en
tered upon his term of office
here.
The freighter Anyox last Sun
day loaded 650 tons of Premier
are at the terminal bunkers
and cleared for the Tacoma
melter. The Granby company
tug Tartar was in Saturday and
took out a barge with 500 tons
of Premier second grade ore
worth about $50 a ton.
According to information
from Seattle the smelter re
turns from the first shipments
of Silverado ore were exceed
ingly gratifying to the operat
ors, J. J. Coughlan and Capt.
James Anderson. Two grades
of ore were shipped, and the
first grade is reported to have
yielded $475 a ton and the sec
ond grade $210.
A sinking pump arrived on
the Prince Rupert for the Fish
Creek Mining Company and is
being installed in 'the winze
near the crosscut on the upper
lead, which is now down 30 ft.
During the cold weather this
winter the winze was compara
tively dry, but with the spring
break-up the pump will be
needed.
John T. Reed, Hyder’s first
U. S. Commissioner, who
served from April 1, 1920, un
til he was succeeded by John
VV. Frame Dec. 1, 1921, died
in Seattle February 24 and was
buried in that city the follow
ing day, according to John Ro
nan.who returned from the east
last Thursday. His death was
due to flu and was sudden and
unexpected. Deceased was
boin in St. Johns, New Bruns
wick, Octiber 29, 1855. He
joined the Dawson rush in 18
98, and in 1900 went to Nome,
where he resided until 1910.
He later settled in Juneau and
was connected with the district
court until his appointment as
commissioner for Hyder.
No satisfaction has yet been
obtained as to the willingness
of the government to build an
approach to the dock, in spite
of estimates issued a short
time ago from Juneau. W. L.
Balch has taken over the inter
ests of Capt. Ed. Williams in
the dock project and also those
of Al. Clary. The road and
forestry officials apparently
could be looked to for no help
unless the dock is placed at the
foot of Premier Avenue and
private interests do not care to
build a dock there on account
of the prohibitive cost and the
long distance from the main
business section of the town.
INTERESTING ROTES
A Los Angeles man has in
vented an airplane in which
the angle of its single wing can
be changed at will by its pilot
to alter its lateral stability to
suit flying conditions.
New type window awnings
have been invented to admit
light and air in rooms while ex
cluding sunshine.
For testing the resistance of
steel cylinders a machine has
been perfected that can devel
op a pressure of a million
pounds to the square inch.
Blocks of wood shaped like
human heads have been intro
duced by a German for ap
prentices at the barber’s trade
to practice on.
A device using electric heat
has been designed to repair
surface cuts in automobile tires
without removing them or let
ting out the air.
OUTSTANDING RADIO VALUES
The New Crosley Battery Show Boy—
Screen grid, new 2-volt tubes, pnsh
pull output, uses new cell “A" bat
tery. no light current, no batteries
to charge—$49.50 complete, less bat
teries.
The Crosley Play Boy— Right tube
Buperhetrodyne pentode, screen grid,
moving coil dynamic speaker—com
plete $52.25.
THE NUGGET SHOP
Jewelry made to order—repair work,
anything in jewelry at short notice.
PROFESSIONAL
Ygdnz Blasie
I
FRANK A. METCALF
CIVIL t MINING ENGINEER
D. S. MINERAL SURVEYOR
JUNEAU ALASKA
CHAS ,F, SAN0F9R0
NOTARY PUBLIC
HERALD OFFICE
PORTLAND CANAL LODGE
1218
LOYAL ORDER OF MOOSE
Howard Campbell, Dictator
P. S. Jack, Secretary
Meets Second and Fourth Thursday*
Second Thursday in Hyder
Fourth Thursday in Stewart
Hyder Methodist Episcopal Church *
Rev. H. R. Cross, Pastor •
Sunday School at 10:30 a. m. •
Evening Service at 7:30 p. m. •
Everyone Is cordially Invited to •
the services. •
NOYES BOAT COMPANY
Operating M. V. Fairbanks, Carrying U. S. Mails
FREIGHT and PASSENGER SERVICE BETWEEN
HYDER and KETCHIKAN
Hyder Dock Company, Hyder Afeents
j
A. J. MAYEB
P O BOX 123
...HYDER MACHINE SHOP...
HYPER OARAGK
Plumbing Steamfitting Black-smithing General Repairs
Authorized Ford Agent
Genuine Ford Parts
AGENTS FOR FAIRBANKS, MORSE
ENGINES & MACHINERY
HYDER ALASKA