The Hyder Weekly Herald
Established 1924
Published Saturday at the Herald
Building, Second Ave., Hyder, Alaska.
Chas. F. Sandford
Sole Owner and Publisher
Entered as second-class matter at the
postoffice at Hyder. Alaska, under the
act of March 3, 187!).
Subscription price 83.00 per year in
advance by mail or carrier
Advertising Rates on application.
OUT OF TOWN SUBSCRIBERS
When you move report your new
address to the Herald, instead of to
your local postoffice. Unless you do
so, your papers will not be forwarded
by the postoffice without payment of
extra postage for forwarding. Just
write your old as well as your new ad
dress on a penny post card and mail
direct to us.
GOVERNMENT TO OPEN
JUNEAU TAX OFFICE
Income taxes and other Inter
nal Revenue taxes, heretofore
payable to the Tacoma office
of the Bureau of Internal Rev
enue, will hereafter be paid at
Juneau, according to reports
from the capital city announc
ing the opening there on or
about June 1 of a permanent
office of the Internal Revenue
department with George Buss
ko in charge.
From the information at
hand it appears that the Treas
ury department has created an
Alaska division of the Internal
Revenue Bureau and has trans
ferred to it the control of all
federal tax collections in the
Territory.
The change of system is said
t o be due to greatly increased
buisness incident to the legal
ized sale of beer and alcoholic
liquors, which can be handled
X ~ 1_XX__a-_L_1*1_
an Alaska office.
--o
Bank Failures Reduced
Only twenty-five bank fail
ures occurred in the United
States during the first three
months of the present year, ac
cording to a recent press an
nouncement. This was hailed
as an achievement without par
allel in thirteen years
To many this may look like
an inconsiderable number in
view of the vast number of
bank failures securing during
the past four years, but it actu
ally represents a remarkable
1 eduction in the average of
bank“?mashes” in this country.
During the 15 years between
1919 and the first quarter of
1934 there were no less than
13,809 bank failures in the
country, of which 2,430 'oc
curred in 1932 and 3,500 ini
1933. Thu: in the 13 years!
preceding the tw'o m'ost disas
trous depression years there
were 7,970 failures, or an aver
age of 612 failures every year.
This was a yearly average over
12 times greater than will oc
cur this year if the record of
the first three months is main
tained throughout the year.
SELUKWE REITERATES
POSITION REGARDING
B. C. SILVER DEAL
The Selukwe Gold Mining &
Finance Company, Ltd., in the
annual report to shareholders,
issued in London late last
month, offers no prospect <of a
resumption of development or
mining activities on the local
B. C. Silver property, which
has now been closed down for
three years, although admitt
edly containing somewhere be
tween five and ten million dol
lar? worth of commercial ore.
Neither ^does the report sug
gest any likelihood of an ad
justment of interests which
would permit operation 'of the
property by the Premier Gold
Mining Company, owning the
adjoining Premier property
and having underground con
| nections and every facility for
! doing so in a very economical
I manner, in addition to owning
a 38 per cent share interest in
the B. C. Silver company,
which in turn is controlled by
Selukwe.
Replying to the statement
contained in the last annual re
port of the Premier company,
!o the effect that although
j proposals for Premier opera-!
tion of the B. C. Silver were ap-j
proved 'by the president 'of the j
! latter company, no basis of ag-l
I greement acceptable t)o thei
Selukwe had been found that j
would at the same time be ben
eficial to Premier, the Selukwe
report says:
“Your directors have ex
pressed readiness to entertain
any scheme that would deal
equitably with the interests of
Selukwe shareholders.
“No mining work is being
cttrncu on, out me ore, so iar
developed, was estimated by
Mr. C. A. Banks to contain a
value between $6,000,000 and
$10,000,000.”
Both statements are in effect
a reiteration of position ex
pressed by both companies in
their annual reports for several
years past, hence it appears
that little or no progress has
been made toward reaching an
agreement which will enable
the exploitation of this un
doubtedly very valuable prop
erty. And in the meantime the
shareholders of the three
companies who have invested
in B. C. Silver Somewhere j
around a ^pillion dollars con-j
tinue to wait for dividends
which are unquestionably re
posing in the ground but are
withheld year after year for
reasons which no official infor
mation clearly reveals.
Whether this situation is due
to actual cbnflicts of interest
or merely to official obduracy,
the shareholders can find no
consolation in the results.
-o
The latest census of China,
compiled by the ministry of the
interior shows the population
to be 474,787,000.
B. C. DEBT CRISIS
TO BE RELIEVED BY
FEDERAL LOANS
Early relief for British Col
umbia’s serious debt situation
is promised in late reports from
Ottawa that an understanding
has been reached between Pre
mier R. B. Bennett and Pre
mir L. D. Patuilo, of British
Columbia, whereby the federal
government will advance funds
in the form of loans from time
to time to enable the province
to meet its obligations and car
ry on recovery efforts with re
spect to work and wages.
The ultimate amount iof the
loan was not made known.
Commenting on the new ac
cord, Premier Patuilo said
there was nlo reason why Brit
ish Columbia should not go
ahead full speed toward re
covery.
■-o
Irregularities Charged in
Haines City Election
Not in many years ha's Alas
ka had a real election scandal,
although scandalous charges
hurled between rival candi
dates in the heat of election
campaigns have been by nc
means rare.
However, it now appears that
a real old-fashioned election I
scandal with all the trimmings
may develop in connection with
the recent municipal election
at Haines, if charges made in
a legal action started a few
days ago in the district court at
Juneau by Attorney Albert
White and R. E. Baumgartner,
late candidate for the Demo
cratic nomination for the Terr
itorial Legislature, are substan
tiated.
Newspaper reports state that .
the complaint seeks to set aside
the election and ohtain the or
dering of a new ,one because of
alleged fraud and intimidation
on the part of the victorious
candidates. It is alleged that
rfon-residents and minors were j
permitted to Vote; that a
signed ballot was counted, and
that the wife of one of the suc
cessful , candidates was an
election judge and assisted a
number of voters in making out
their ballots; but that no oath,
statement or return gave evi
dence of the assistance gend
ered by her in this respect.
-o
Natl. Parks Service Takes
Over Old Kassan Village
Transfer of sixteen National
Monuments, including Old Ka
ssan in Alaska, from the juris
diction of the Department of
Agriculture to that of the
National Park Service Of the
Department of the Interior,
was announced recently by
Secretary of the Interior Ickes.
Old Kassan is an abandoned
Haida Indian village contain
ing many picturesque and in
teresting tbtem poles, grave
houses and monuments deft by
the aboriginal inhabitants of an
earlier period.
FRANK A. METCALF
am ft MINING ENGINEER
U. S. MINERAL SURVEYOR
JUNEAU ALASKA
Hyder
Methodist Episcopal
Church
Rev. F. Bushfield, 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.
TLrr.T'
PORTLAND CANAL LODGfc
1218
LOYAL ORDER OF MOOSE
D. J. McLean, Dictator
P. S. Jack, Secretary
Meets Second and Fourth Thursday*
Second Thursday in Hyder
Fourth Thursday in Stewart
CHAS ,F, SANDF9R3
NOTARY PUBLIC
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