Sattg Nome Snititatrial Worker.
Published Daily except Sunday
ily Nome Mine Workers' Union, No. 210, International Union of Mine,
Mill and Smelter Workers.
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“To secure to each laborer the whole product of his labor, or as |
a early as possible, Is a worthy object of any good government."—)
hbranam Lincoln
Address all Communications to Dally Nome Industrial Worker,
Boi 210 Nome, Alaska. Phone, Black 1*4.
I.MT.
Nome. Alaska, July 20,
l
WITH THU MOM'V Ml.\.
To the null who hasn't got |
enough to buy a paper lining tot i
liis hat, there i: nothing so stimulat
ing in all thi world as tie’ financial
s**( tion 11 air. of tlir great daily pa
pers. lie is taken right into a
Wonderland ot millions where the
great ones of earth discuss, with
frankness or insincerity or may be
a shade of both, eonditoins as they
are and as they ought or as they
will be.
A short time ago men who be
lieved that the United States people
were not taking a sufficiently ser
ious view ot the war uttered all
kinds of Cassandra warnings as to
the outcome and the deep note of
pessimism was hoed in the ordi
nary news pages of the papers.
But the nun .\ho keep their ling
ers on the pulses ol current events
report their findings in the ilnancial
section and tln-re one found nothing
nu' a great optimism that condi
tions looked so rosy. The prospect
of a gargantuan spending policy by
the government in all lines was re
garded with a complacency reflected
Itself ii e.ery line of the reports
as to market conditions and the
word; of earning were theiefore
regard! d as so much hull.
\!oren. -r. the w riters in recent
articles, themselves wise enough to
look beyond the grand stand .day
which foreign statesmen are like
ly to make, have begun to direct at
tention of their fellow financiers to
the remarkable decline in German
currency and securities now very
dislinelty n iticeable in neutral coun
tries and a decline which the ex
portation of gold to Holland, the
first time such has occurred since the
war began on any scale, tailed to
stop.
The collapse of the German mark
and the Austrian kroner of recent
date is considered too acute end too
remarkable to be explained wholly
by commercial facts and that it has
a political significance is dis
tinctly held by the more astute fi
nancial writers. They hold that it
is visioning the real conditions
which Germany : ■ !. 1 1 he
dangers of a prol* r..»n r. < oil and
the possibility never admitted by
statesmen of a German defeat.
It must be recollected that it is
no! the work of enemy financiers,
or ot any who are not syn-natheiu
supporters of the Central Powers
It is caused by men who have every
thing tc lose and nothing to gain
by the collapse of Hie German and
Austrian group and for that reason j
it is considered of immense signi
ficance.
Without doubt it Is,
of more importance in
guaging the actual state of things,
than any statement which might be
made by the government leaders in
either Germany or in Austria.
rue reports sent out as to Amer
ican onditions are cheerfully opti
mistic and form quite a contrast
with the conditions as depicted in
commenting upon the decline of
the n ark.
Tlie only morose note in the out
look is that of Russia. The finan
ciets do not like it n? all. As Is
we’] known, the financiers felt that
one of the- securest forms of gov
ernment from their point of view is
the autocratic form. The leading
American journal of finance said
so, and said too that the most In
secure was the socialist form. That
was all said before Nicholas retired
1o grow turnips in his back yard,
and when there was no thought
taken of a possible revolution.
Now when the revolution is an
accomplished fact, while willing to
make the best of It, as a farmer
is whose crops elsewhere are good
but where in one field they wont
grow at all. the American financiers
are quite critical. The .most sang
uine admit "the actual economic
fact or > are against Russia' and it
requites \ iv possibly helpful in*
flueiti in tli.- political and military
field t.> k- -p in the value of the
current-.'" anti the “very reverse
has been the experience for the past
month".
So it is while other sections ol !
the nation have been thinking in
terms of patriotism, democracy and
what not, tip* real leaders, the fi
nancial magnates, are thinking in
America, as elsewhere in terms of
the currency.
Turning to the recent legislation
the experts tic not like the food
control hill. What they would like
to see is that government would
leave matters alone. Thus the I’lii
ladelphi n financial correspondent
of a New York Evening paper which
specializes on the subject says "Big
industrial interests here cannot tie
said to look with favor upon the re
gulation of commodity prices. They;
even go so far as to declare that
if it assumes a broad scope and re
sults in wide price declines, it will
interfere with prosperity and cause
depression in security prices It
would lie far better, according to
Lone* of our observant business men
to let the prices he governed by
economic laws, and then have the
government tax tlie ptobts. Tip.
contention is that this course would
allow business to expand tnn with
it, the tax revenue fri m it. whereas
the policy now advocated would
operate to curtail government re
venue."
You see that the observant bus
inessmen and the powerful interests
are not affected as to their dinners
or their living by the high prices.
They think in terms of currency
and profits and that is their sole
concern.
it is almost as interesting to ob
serve that it is declared by tlie
same correspondent Iron, t lie
Quaker City that the “most promi
nent and powerful interests” feel
that "eventually labor will have to
he regulated as part of the regular
war program”, a statement shows
why tlie war is so enthusiastically
seized upon by Big Business as a
pr-dext lor curtailing the so-called
rights of labor.
The workers should not overlook
the financial sections of tlie great
papers. It is there that the capital
ist mind unfolds itself in all its
tin. domed beauty. It is there that
Huy will find what are the ideals
and what are the facts of the great
movements which they note around
them. •
They get behind the scenes so to
say. For, look you, take the com
ment above quoted upon the food
control bill which comment is a
sketch of the actual doings going
on behind the scenes, and contrast
that with what was done on the
stage, are reported from the on
lookers of til" play, and it will be
an explanation of why the senators
eliminated the control of so many
commodities from the food bill and
why they finally voted upon sttVli
emasculated measure.
indeed those who followed the
financial papers, and die plans
which they had outlined were likely
to be correct in their forecast not
only as to public policies but as to
the entire national sweep of affairs.
Only in one matter was there any
sliarj. conflict of opinion and that
was on the proper course as re
gards Mexico. There have been two
elements even in the financial
world: one advocating national in
tervention and the otlur urging sup
port ot the constitutionalists with
recognition therefore of Carranza.
Right now, and it is important
I that ihe fact should not be over
looked, there is quite a general de
mand for the regulation of labor.
This demand is growing and it is
growing in strength by reason ot
the increasing drive upon labor to
demand higher pay by reason of
i
the higher costs of living, the finan
ciers think should be left wholly to
take care of themselves.
These are indeed great clays for
the plutocrats It is their innings.
Whatever they touch seems to turn
into money. They have acquired
the Midas touch and they would
be well to bethink themselves of
the hard fate of him who found
gold hard enough food.
Yet their paens of triumph and
their gloat over prosperity, a local
prosperity for the most part, and
their triumphant reports of the di
vidends payable by this or that
company—their successful political
drive against a tax upon excess pro
fits—ail these things reveal the
fact that not in the history of fin
ance have things been so ideal and
so splendid and was there such a
complete assumption of space by
optimism and such a complete evic
tion of pessimism in domestic finan
cial circles.
Yet just because this condition
does prevail theie is a note of an
xiety that it may not last. Theirs
is the same concern over the future
as was the concern described by
tiie poet of the miser that his
hoard was so small:
Hoards after boards his rising rap
tures swell
Yet still he sighs for hoards are
wanting still.
They look at the discontent of
labor; they observe the frequency
of strikes; they regard with anxiety
the labor laws which are enforced;
they view with much concern a de
mocracy in reality in Russia and
they fear for tHe future.
Hence for labor they would pro
vide strict government regulation
quite regardless of constitutional
amendments as to involuntary
servitude; they would prevent
strikes; they would suspend labor
laws and they did secure from a
greater portion of the legislatures
of the land, including our own Al
aska, the power to suspend all labor
laws if they thought fit. They
would devise for Russia a more li
mited degree of freedom and their
pressmen in the journals of the
country are deploring the fact that
the Slavs mistake license for liber
ty. They want law and order, the
law and order doubtless of Holly
Grove, of Calumet, of Everett, of
Ludlow, of Bisbee, of Jerome and
a host of other places where demo
cracy with a gilding performed au
tocratic wonders.
The tremendous force which the
financial interests control, and the
wonderful and sympathetic alliance
which is reflected in the unity of
opinion is very hard to exaggerate
and certainly is reflected in no other
iine of human endeavor. The con
sciousness that the interests of one
and another in the financial world
are identical was never at any time
in the world's history so manifest
as today and there is hardly any
doubt that the tremendous power,!
the great and all encompassing in
fluence of the financial factor in the
social situation is due more to
such class consciousness than to
anything else. It, has enabled
them to move llor.g under varying
forms through the most difficult
routes and to take with tueir pro
gressive movements many who were
not at all in the same category so
ciologically speaking as themselves.
That a time may came when the
masses will reveal a similar spirit
and a similar solidarity, is a con-1
summation devoutly to he wished. ,
SIX HUNDRED THOUSAND
MAXIMUM CAN DE SENT
WASHINGTON', D. C., July 25 —
it is setnl-officially announced that
by reason of the lack of ships the
government cannot send to France
or any other section of Europe more
than six hundred thousand troops
WANTED AT ONCE
FIVE HUNDRED MEN
Let us do your cleaning, press
ing and repairing. We’ll make your
clothes look like new. We do Dry
and gasoline cleaning for Ladies
and Gentlemen. We do steam clean
ing. We make alterations. W'e
guarantee first class workman ship.
Our prices are reasonable.
Once a customer, yo’ll always be
a customer. Drop in and see us,
and we’ll give you our prices before
we do your work. And we appre
ciate your patronage.
Suits made to oivier.
NOME TAILORING CO.
Next door to Segerstrom & Hagen.
before September next year. The
submarinings will necessitate the
government utilizing more and
more tonnage for supplies and be
fore September 191S, it will be im
possible to have such a fleet ready
as would keep up and maintain
supplied an army of any larger size
in Europe before that time.
As it is to provide equipment,
transportation of food, munition and
reinforcements for a regular army,
of six hundred thousand men will
tax the ship capacity of the coun
try to the utmost, for it must be
tecollected the Entente nations will
also have to receive food and some
if no’ much raw munition material,
especially metals.
Sl ItlWCE WATER TKOERI.K.
A. G. Anderson who Is sinking on
the submarine is somewhat troubled
with surface water. He is within
ten feet ol bed lock.
******** ******************
**************************
WATER
1M >U A X & \V KST K Ml A VER
Formerly A. D. I’oleet.
RHONE RED 112-*
WATER
**********************
4* •!*!• *1* 4* *5* 4**1
»j« »j«
D. E. Crowley *
»|4 *[• »J« *J« ►]« *•« A *?« »|< J* 1
-I* -rS
S. S. Standard
Sails every SIX DAYS to
DIME1' AND WAY POINTS
weather permitting
From Snake River.
( HAS WKCKMAN.
Why worry
About wash day
THAT’S OUR BUSINESS.
Satisfaction Guaranteed.
BOSTON
STEAM LAUNDRY
•III Front St. Phone Main 53
INDEPENDENT
MEAT MARKET
\V. H. Webb prop. Phone M.ltt
BOARD OFTRADE
Restaurant
and
LUNCH ROOM
George Modini,
Proprietor
ALASKA STEAMSHIP CO.
S. S. VICTORIA
LEAVE SEATTLE: LEAVE NOME:
Via Seward, Valdez and Cordova
AUG. 1. AUG. 13.
SEPTEMBER 2 SEPTEMBER 14.
SAILING SUBJECT TO CHANGE WITHOUT NOTICE.
R. A. Carroll, Agent, Nome
From Nome |
August 4th.
^ From Seattle
August 18th.
SEPTEMBER 15.
OCTOBER 13.
AUGUST 31.
SEPTEMBER 28.
OCTOBER 25.
RIGHT RESERVED TO CHANGE THIS SCHEDULE.
PACIFIC STEAMSHIP CO.
ALASKA L. & C. CO.
AGENTS
At Dock.
F. J. O’CONNOR,
Commercial Agent.
Front St. and Steadman Ave.
Charles L. Ross
Milling, Lumber, Contractor
HAVING TAKEN OVER THE FREIGHTING & TRANSFER
BUSINESS OF IV. STEIGERMAIER ANI) OF LEO KENT,
FREIGHT ORDERS AND TRANSFER CONTRACTS WILL RE
CEIVE PROMPT ATTENTION.
3RD AND B STREET. PHONE BLACK 162.
Si
The Rose Candy Siore And
Arctic Bakery
Agency for Augustine & Kyer Chocolates and Bonbons.
The Quality of our Home-Made Candies and Nome Dairy Ice
Cream speaks for itself. Bread, Pastry and good Lunches.
SUNDAYS AND WEDNESDAYS FRESH WHIPPED CREAM
PUFFS.
CAUCiO IN'SL'ltAXC’K. We ran Insure any and all freight in
and nut of Nome to Kotzebue and way points, St. Michaels and
way points. Dime Creek and Marshal, Seattle and San Francisco.
■ ALffl LIGHTERAGE a 0011 00.
ACiFXTS: Standard Marine Insurance Co.
1 THE NOME INDUSTRIAL WORKER
is prepared to handle
all kinds of
I JOB PRINTING
I Let us figure on your
1 work. Call up Black
1134 or call at jj
THE INDUSTRIAL WORKER OFFICE j
s !
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