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VOLUME 9, NUMBER 10.
HYDER, ALASKA, SATURDAY, JANUARY 28, 1933.
SINGLE COPIES 10 CENTS
WHEELER SILVER BILL
REJECTED BY SENATE
The much discussed Wheeler
bill, providing for the remone
tization of silver by the United
States on a ratio of 16 to 1 with
gold was rejected Tuesday by
the Senate.
The vote on the measure, as
reported in radio broadcasts,
was 18 for and 59 against.
Details of the debate on the
measure have not been re
ceived and will be published
later. Editorial comment will
be found on page 2.
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Stewart Residents Elect
New Village Commissioners
W. It. Tooth, William Newell
and Joseph H. Wilson were
selected by the voters of Stew
art to guide the destinies of
their fair city as Village Com
missioners in the annual mu
nicipal election held there
Thursday.
Six candidates, two of whom
were members of the old com
mission, contested for the hou
ters. A total of 118 ballots
were cast, one cf which war
rejected. Following is the list
of candidates and the votes re
ceived by each:
William Reid Tooth . 81
William Newell . 6^
Joseph H. Wilson. 51
Samuel Deschamps.39
Henry A. Stewart.38
Jocob P. Hawkinson.36
The new Commissioners will
meet later and select one of
their number as chairman of
the board; a position corres
ponding to that of mayor in an
American town. As the honor
is customarily given to the com
missioner receiving the highest
number of votes in the election
Mr. Tooth will be His Honor,
the next may or of Stewart, suc
ceeding Harry P. Gibson, who
declined to seek further polit
ical honors this year.
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Premier Shares in Sharp Rise
A sudden and sharp increase
in Premier shares on the Van
couver Stock Exchange this
week was reported in radio
bi oadcasts. From an opening
of 65 on Monday, shares
rose sharply to a close at 73.
In another rally Thursday the
stock hit 77 cents. The in
crease was indicated to have
had its inception in report,
that new ore bodies had beer
opened up at depth in the Pre
mier, although the rumors hac
not been officially confirmed
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Mrs. Holger Johnson is re
ported well on the way to re
covery from her recent illness
REP. GREEN TO URGE
UNEMPLOYMENT RELIEF
,, Plans and suggestions for
1 Territorial assistance in local
unemployment relief in con
nection with the flood control
! project and federal or Territor
ial road work were discussed
by Representative-elect J. K.
Green and the board of direct
ors of the Hyder Chamber of
Commerce at a special meeting
of the latter body held Monday
morning.
The session was called at the
request of Mr. Green, who
wished to ascertain the views
of the board regarding various
proposals which will help to re
lieve the increasingly serious
labor situation.
Among various suggestions
• discussed was one to induce
legislative approval of a pro
| posal that the Territory pro
! vide an annual allowance for
| the maintenance of the present
lcod control system until Con
gressional sanction of the con
rol plans recommended by the
U. 8. Engineers can be ob
ained. It was pointed out that
uch action would not only pro
vide further temporary protect
on for the town but would also
preserve the present temporary
control system,which is in dan
ger of being lost through lack
of maintenance, in addition to
providing employment for vir
ually all local labor.
Consideration was also given
to proposals aimed at securing
additional road maintenance
and trail work through the For
est Service trail bureau or Bu
reau of Public Roads. These
ncluded proposals looking to
he construction of the pro
posed Moose l ark road, which
ms already received unofficial
ecognition from Forestry of
icials.
Mr. Green plans to do every
hing possible to induce favor
ible action by Territorial 01
ederal agencies and will urgt
he critical unemployment con
ditions as incentive to favor
ible and speedy action.
In addition to pressing the
lood control maintenance pro
posal before the legislature,
Mr. Green will also urge the
new Alaska Delegate to Cong
•ess, A. J. Diamond, to take all
oossible steps to induce favor
ible action by Congress on the
War Department Engineers'
:ontrol works plans, which
ire now awaiting action by the
House of Representatives.
---o
Wm. McGrew, of Hyder, was
granted a divorce by default in
the district court at Ketchikan
. a few days ago, according to
,1 reports from the First City.
LATE DEVELOPMENTS IN
THE SILVER MOVEMENT
That rejection of the Wheel
er 16 to 1 silver remonetization
bill does not spell the defeat of
the silver restoration move
ment is indicated in late Wash
ington reports announcing that
several new measures provid
ing for the use of silver in our
currency system are still to be
considered both in the senate
and lower house.
Among the measures men
tioned is one by chairman Stea
gall of the house banking com
mittee authorizing the treas
ury to purchase silver in the
open market at the current
market price-, paying for it
with silver certificates which
would be legal tender. The
bill directs the treasury to pur
chase $250,000,000 worth of
silver bullion. Each month
thereafter, the specified purch
ases would be one-twelfth of
the estimated annual product
ion of silver bullion in the Unit
ed States, Alaska and the Phil
ippines.
Senator Bankhead, of Ala
bama, has also introduced a
senate bill directing the treas
ury to purchase silver bullion
and pay for it in silver certif
icates which would be legal
tender in the payment of all
public and private debts.
Bankhead explained that un
der his bill an additional vol
ume of sound money would be
placed in circulation and that
the price of silver throughout
the world would be increased.
In turn this would provide a
method for China and South
American countries to buy
American goods and pay for
hem in silver bullion.
Representatives McSwain, of
'outh Carolina, and Busby, of
Mississippi, have also introd
duced bills which include sil
ver remonetization provisions
The McSwain measure i:
sharacterized as a “three-way
bill,” and would expand the
national currency, remonetize
silver, and prevent the export
of gold.
The currency expansion pro
posals are said to follow closely
the lines of the Busby bill,
which would provide for a
maximum issue of $3,000,000.
000, secured by bonds. The
money would be used to pay
running expenses and i n
debtedness of the government.
The silver provisions of the
McSwain measure direct the
treasury to purchase $10,000,
000 worth of silver at one cenl
per ounce above the currenl
market price each month untii
one billion dollars worth has
been obtained and coined intc
I NO MORE “LAME DUCK”
SESSIONS HEREAFTER
The so-called “lame duck”
amendment to the federal con
stitution, doing away with the
short session of Congress prior
to the beginning of a new ad
ministration, received the rati
fication of the required 36
states on Wednesday, when the
Missouri legislature gave the
amendment the last vote re
quired to make it effective.
The amendment provides
that new administrations will
take office in January, thus
doing away with legislation by
congressional representatives
who have been rejected by the
voters at the preceding Novem
ber elections.
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Donators Increase Public
Library Book List
Some excellent new books are
now available at the Hvder
Public Library as a result of
generous donations by seven
local residents, Messrs. Thomas
Powers, Hubert Thomas, Wm.
McGrew, Thomas Kelly, Harry
Hicks, Sidney Anderson and A1
Phillips.
The new list includes about
twenty books.
The books are all by promi
nent authors and form an inter
esting new group for the enter
tainment of library patrons.
silver dollars.
Under the gold export inhib
ition clause, written permission
of the federal reserve board
would be necessary to export
gold, and then only for the
payment of actual trade balan
ces.
Chairman Somers of the
House coinage committee has
also proposed 'a silver bill de
signed to secure a stable and
normal price level through the
establishment of an auxiliary
monetary reserve of silver and
the issuance of silver certifi
cates under conditions assur
:ng the maintenance of the
gold standard, and has invited
leading bankers, monetary ex
perts and economists to appear
before his committee to give
their views on the measure.
Senator William Borah, in a
brilliant and history! making
address in the Senate on Janu
ary fourth, declared that to
pave the way for economic re
covery the world must first ad
just the monetary situation and
remonetize silver to give the
Orient back its purchasing
1 power. Ilis statement was in
many respects the most im
portant that has been made
regarding silver's position in
; the present world situation.
HOVLAND ADVISES
HOLDING FAST HERE
Advising his fellow citizens
of the Salmon River district to
have courage and to stand fast
in the present crisis and declar
ing that they will be well re
warded, John Hovland, presi
dent and general manager of
Unicorn Mines, Ltd., whose ex
tensive holdings adjoin the Big
Missouri, writes from Seattle
under a late January date line
in decidedly optimistic if some
what cryptic manner, stating
that the Salmon district is “go
ing to have a new deal in the
near future—something bigger
and better than anything that
has ever happened before.”
Mr. Hovland gives no explan
ation as to the basis for his
cheerful exhortation, which is
asumed to be the result of in
formation which he is not at
liberty or desirous of divulging
at this time.
Among other matters re
ferred to in his letter, Mr. Hov
land says he attended the an
nual meeting of the Big Missou
ri Mining Company at Tacoma
on January 10. The meeting
was poorly attended and little
information was given out re
garding the affairs of the
company. Wm. Archbold,
manager of the mines division
of the Consolidated Mining &
Smelting Company, which con
trols the Big Missouri property,
and Major Duncan MacVichie,
manager of the Big Missouri
company, were among those
present. Mr. MacVichie in
formed the gathring that Dr.
H. E. Jure’s report of his geo
logical examination of the Big
Missouri last fall was “favor
able” but mentioned no details
of Dr. Jure’s findings.
•o
Famed Klondiker Passes On
“Klondike” Bob. Henderson,
famed as one of the discoverers
of the Yukon gold diggings
which started the great Klon
dike stampede in 1896, died in
Vancouver, B. C., last Wednes
day. Henderson was 76 years
of age and a native of Nova
Scotia.
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Former Local Man Passes
Benjamin Nygren, former
well known local resident,
passed away in the Ketchikan
hospital last week as a result
of a rupture of the appendix.
Since leaving here some six
or eight years ago, Nygren has
been engaged in fishing in and
around Ketchikan, operating a
power boat.
He was a member of the Pion
S eer order and was buried un
der the auspices of that organ
! ization. So far as known he
leaves no relatives in this coun
try.