The Hyder Weekly Herald
Established 1924
Published Saturday at the Her
ald Building in Hyder, Alaska.
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 price $3.00 per
year in advance by mail or
carrier.
Advertising Rates
on application
An Independent Newspaper
What Next?
Having reduced the value of
the dollar as measured in terms
of gold to 59.06 cents, the re
cult will be waited, with more
than average intesest both at
home and abroad.
So far the results, both cf the
dollar devaluation and the in
crease of the price of gold to
$35 per ounce have not been
highly satisfactory to the gov
ernment, according to Wash
ington reports.
Indeed, Washington is frank
ly disappointed with the world
reaction to the new 59 cent dol
lar and it is plain to be seen
from financial comment that no
one is quite sure just what will
develop.
Prospects of a gigantic war
with Europe f.or control of the
world’s foreign exchange loom
as a result of President Roose
velt’s effort to bring the dollar
in.,o line with commodity price
levels and no one appears to
know just what will be the ef
fects of such an eventuality.
Secretary of the Treasury
Morgenthau has already indi
cated that a currency war be
tween United States and Brit
ain would be “coistly” to both
countries, and it has been
prophesied by those supposed
co know, that the two billion
dollar fund created by Cong
ress a few days ago for use in
stabilizing the value of the dbl
lar abroad will be entirely in
adequate if England, finding
that Mr. Roosevelt’s policies
clash with her own interests,
wields her three-fourths billion
equalization fund in an effort
to control foreign exchange.
It all goes 'to show that even
the wisest of the financial ex
perts are far from possessing a
clear understanding of the
money question.
There is an old saying that
when the doctors disagree the
patient dies, and we sincerely
hope that with the financial
doctors plainly groping for
remedies the same fate will not
overtake the world’s sick finan
cial system.
Silver Is On Its Way
President Roosevelt has clear
ly indicated that his step to
ward restoring silver to its
money rights is merely a first
Step. The second step, he in
dicates, will depend on the re
sults of the world agreement
worked out by Senator Pittman
at the London Conference.
A first step is better than ino
step at all. But those who
have studied the monetary sit
uation for the past dozen years
insist that w.orld-wide stability
cannot be restored until silver
is remonetized at approximate
ly its old ratio of 16-to-l.
The President’s references to
silver indicate that he is aware
of its historical position and
sympathetic with the 1,400,
000,000 “poor” people who
will benefit by its domplete
remonetization.
He may not be moving as
! rapidly as many of us might
wish, but at least he is doing
more than any predecessor has
done to wipe out the “crime of
’73.”
He deserves' confidence and
support.—Mining Truth
Just for Fun
o
He: Who spilled mustard in
this waffle, dear?”
She: “Oh, John! How could
you? That is lemon pie.”
Teacher: “Now, James, can
you tell me what George Wash
ington was famous for?”
James pondered the question
deeply. “Well,” he finally an
swered, “I guess it must’ve just
come natural to him.”
Clerk: “About how much sal
ary should a chap get before
marrying?”
Bookkeeper: “Oh, just a bit
more than he ever will.”
Dinner was being served in
the boarding house. The land
lady, bringing in a dish of soup
to the star boarder, remarked,
“It looks like rain.”
“Yes, it doles,” the boarder
replied sadly, “but it smells a
little like soup.”
Dear Old Lady (on boat) :
“Captain, would you help me
find my stateroom?”
Captain: “Have you forgotten
what number it is, madame?”
D. O. L.: “Yes*, but I'll know
it if I see it again; there was a
lighthouse just outside the win
dow.”
It was customary for the con
gregation to repeat the 23rd
Psalm in unison, but invariably
1 Mrs. Brown would keep about
| a dozen words ahead of the
! rest. “Who,” asked a visitor
| one Sunday, “was the lady who
was already by the still waters
when the rest of us were lying
down in green pastures?”
TEN YEARS OR $0 AGO
From the Hyder, Alaska, Miner
May 16, 1924.
-o
Last Sunday, the Prince
George brought mining sup
plies and equipment for the
Ruby Silver, Terminus and
Dunwell properties.
Purchase of the Bulldog
group of claims, near the Dun
well by the Silver Ledge Min
ing Co. is reported from Victor
ia. The owners were Jack Mc
Geod and H. Horstman.
-o
Dan Anderson, one of the vet
eran prospectors of the district,
has organized outside, the
■Chief Metals Mining Co., to
take ever and operate the Star
group near the Big Missouri.
K. Reeder, Premier Mine em
ployee, was killed in the J. J.
stope of the mine when caught
in the stope when his shots
went off. He had trouble spit
ting the fuses for his 12 holes,
and the first went off before
the last was lit, the inquest dis
closed.
F. C. Lawrence, pioneer jew
eler of Hyder, died in Seattle
on the 2nd day of this month
and was buried on the 5th, ac
cording to a letter received
from Mrs. Lawrence. Death
came very suddenly and was
unexpected. Deceased was
past 70.
At a general meeting of the
Texas Creek Comstock Mining
Co., J. K. Green was elected
president; Joe Jackson, vice
president; H. Hummel, second
vice-president; Frank Fisher,
treasurer, and Harold Johnson,
secretary. H. Hummel was ap
pointed mine manager.
MENTAL NUTS
Can You Crack Them?
Sight, Sound or Bullet—
Three men on the bank of a
river argue who first knew of
the discharge of a rifle on .the
'opposite bank. No. 1 heard
the report; No. 2 saw the
smoke of the discharge; No. 3
saw the bullet' strike in the riv
er at his feet. Which was
right ?
The Farmers—
i Two farmers, A and B, have
adjoining farms. A says to B,
“Give me 7 acres, and our
farms will be equal.” B re
plies, “You give me 7 acres,
and my farm will be twice the
size of yours.” How many
acres have each?
(Answers next week)
Answers to last problems
The Cats and the Rats—
The same three cats.
The Chase—
Hound 111 1-9, Fox 11 1-9.
FRANK A. METCALF
CIVIL & MINING ENGINEER
U. S. MINERAL SURVEYOR
JUNEAU ALASKA
Hyder *
Methodist Episcopal *
* Church *
* Rev. P. Bushfield, Pastor. *
* Hyder Methodist Episcopal Church ♦
* Sunday School at 10:30 a. in. •
* Evening Service at 7:30 p. m. •
* Everyone is cordially invited to *
* the services. •
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, WNDFaRO
NOTARY PUBLIC
HERALD OFFICE
HYPER FI JKT, <^Q.
DEALERS IN
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GIANT POWDER AND EVERYTHING NECESSARY
t-§ FOR BLASTING §-f
Hauling and Storage —o— General Dock Agent*
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