HYDER WEEKLY HERALD
\
Published Every Saturday
Application made for entry at the post office at Hyder, Al
aska, as second class matter, un^^r the Act of March 8,
1879.
Chas. F. Sandford. Editor.
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v AN INDEPENDENT NEWSPAPER
DUTIES OF THE MINING
. EXCHANGE.
• (Vancouver Sun)
A new scale of commissions,
representing a drastic cut of
nearly 50 per cent, was an
nounced yesterday by the B .C.
Mining and Stock Exchange.
This new schedule will facili
tate trading and meet with
the broad approval of the pub
lic.
But something that would
_ facilitate trading even more
and meet with even broader
approval from the public
would be an announcement
from the Exchange that it has
taken steps to standardize the
values of mining stocks in
which it deals.
Thousands of shares of min
ing stocks are put upon the
market at a price that has no
relation whatever to the actu
al value they represent. This
does not mean that the prop
erties upon which they are
drawn are worthless. But too
much money may be going to
promotion, the Company may
be over-capitalized or the min
eral deposits may be so located
as to be expensive of access.
Thus a man of small means
may investigate a proposition,
and be shown positively that
the ore is there. He buys stock
at say 100, only to find that
through one of these reasons,
his stock drops to a more nor
mal level of ten.
That man, and the thousands
like him, become embittered,
and a “knocker” of British
Columbia mines, British Col
umbia brokers and the B. C.
Mining Exchange. His experi
ence has become a definite li
ability against mining develop
ment in this province.
To afford a genuine service
of benefit to B. C. Mining de
velopment, to the public and
to itself, the Mining Exchange
should standardize the value
of mining stock after careful
investigation of the following
points:
1. The geology of the claim.
2. The geography of the
claim.
3. The capital of the company.
4. How much moeny is going
to promotion and how much to
actual development work.
5. How many shares are is
sued and how many are in the
treasury.
To buy and sell mining stock
at a price based on anything
else but the above points is
nothing but straight gambling.
The investor might just as well
buy lottery tickets.
For the Mining Exchange to
institute such a service would
be worth more to the investing
public than a commission re
duction of another 50 per
cent.
-c
ENTITLED TO THE CREDIT.
The name of Christopher
Columbus has not escaped the
notice of the “debunkers” of
history. Ever the object of at
tack by theorists who credit
the discovery of the New
World to the Vikings, it has
been even more bitterly assail
ed recently by a European
critic, who endeavored to
disprove every achievement
claimed for Columbus, from
making an egg stand on end to
.'anding on South America.
But such attacks have been
well-nigh forgotten if they ev
er attracted serious attention.
The reason is .that the voyage
of Columbus and his three
little ships, the Santa Maria,
Pinta and Nina, across un
charted seas, the days and
nights of anxiety and almost
of mutiny and the sighting
after many disappointments of
a little island in the West In
dies on October 12, 1492, form
one of the dramatic pictures
in history.
What does it matter if Col
umbus did not realize that he
had found a new world? What
if others preceded him to its
shores? If the Norsemen did
what was credited to them, it
is patent that the world was
no better off for their exploit.
But that of Columbus opened
new continents and filled
western seas with ships. Not
all the debunking that can be
done can deny or decry that
fact or take from him the
credit for that achievement.
PREMATURE HALLOWEEN.
All over the country police
orders seem to be going out
against premature celebrations
of Halloween. From the stand
point of irrepressible youth
this may seem like tyrannical
oppression. But tyrannical or
otherwise, something of the
sort seems necessary.
Yet, we cannot feel that youth
is entirely responsible for the
frequently too early celebrat
ion of this autumn festival of
witchery and mystery. What
can a healthy youth think
when it sees windows aglow
with masks, false faces, cos
tumes, table decorations and
other objects suggestive of the
Halloween season? It would
be an odd boy indeed who,
with such stimulation, did not
begin to think of tick-tacks,
chalked windows, corn-throw
ing and the more reckless
phases of the celebration.
Of course this nation cannot
become so paternalistic as to
forbid the display of a mer
chant’s goods and it cannot
very effectively control the
thinking of youth and so about
all it can do is what it is doing,
promise dire punishment for
the lads and lassies who begin
their Halloween celebrations
too far in advance of the day
set for that purpose and not
unfrequently continue them
afterward.
What, of course, is not clear
to older minds is what fun the
youngsters get out of a half
month’s celebration of Hallow
een. From recollections of
childhood the old folks can
readily understand how to
pack a lot of fun into a night
or two of revelry, but the idea
of thinning it out over a week
or more has little appeal for
the elders, though apparently
the young folks see it differ
ently.
But seeing it differently the
young folks are commencing to
find themselves face to face
with police orders and little
sympathy from the grownups,
who can readily stand a night
or two of bedlam, but do have
very justifiable objection to a
week or two of it.
Just for Fun
Living is expensive but most
people think it is worth it.
Every town has a family that
leads in everything including
the number of unpaid bills.
And that’s not kidding!
—
| An honest confession is good
for the soul, but sometimes
darned bad for the reputation.
Well, after all, very few of
the big jobs are held by men
whose clothes resemble those
in the magazine advertise
ment.
Dale says he knows of a town
down south where the people
were so stupid they had to
burn the schoojihouse to get
some of the pupils out of the
second grade.
It costs $12,000 a year to
launder the elephants of a
large circus. They are regular
ly soaped, sandpapered and
rubbed with olive oil. Yet very
few achieve that schoolgirl
complexion.
Scientists say the moon is
backing away from the earth
at the rate of about seven feet
a century, and if it has not al
ready come to your attention
it is possible you need glasses.
The night was stormy, ' and
the captain’s son stood watch
ing his father steering the
little vessel. Wishing to con
sult his chart, the captain said
to the boy:
“Here, take the wheel, I’ll be
back in a few minutes. Steer
by that star and you will be
all right.”
The boy began to steer the
vessel, and soon got her out of
her course. When the star ap
peared at the stern instead of
ahead, he shouted proudly to
his father:
“Come and find me another
?tar, dad, I’ve passed that
one.”
That is almost as good as the
story they tell of a well known
local citizen who made a trip
down Portland Canal with the
late Fred Dorey in the Silver
Heels. The day was foggy as
'.hey pulled out from the land
ing on Main Street and pro
ceeded down the Canal. Off
che wharf, the engine started
to pound and Fred wanted to
go below to see what was up.
“Can you steer?” he asked
the aforesaid local citizen.
"Sure,” the latter replied,
“Nothing to it.*
“All right,” said Fred,’ ’keep
her dead ahead.”
Fred found some difficulty in
fixing the engine and some
time elapsed before he was
aroused by a sudden shout
from the pilot house:
“Fred! come quick! I see a
steamer coming through the
fog and I don’t know which
side to go on!
Fred hurried up, glanced out
of the .window and asked:
“Where is your steamer?”
“Right over there,” was the
answer.
“Steamer,” Fred snorted after
a glance in the indicated di
rection, “That’s no steamer,
you fish. You’re heading
straight for the saw-mill!”
She (in bootblack parlor):
“So you studied Greek, too?”
He: “Enough to acquire a
polish.”
Chamber
of
Commerce
Hyder, Alaska
-o—
Reliable hfonnatioD
Relative To
PORTLAND CANAL
MINING DISTRICT
Ed Reynolds says it tnight be
quite a shock to one-half of
the world to find out how the
other half lives.
Quite a lot of people have re
covered from their vacations,
even though their bank ac
counts haven’t.
The short skirt has plenty of
legs to stand on.
Few, if any, of our larger
bronze monuments have been
erected to the memory of
gentlemen who felt it compul
sory to have their initials
stamped on their cigarets.
Many a bachelor who has
been thought matrimonially
dead has been married alive!
It must be some satisfaction
to a barber to know that he is
in close touch with the heads
of many organizations.
Why must secrets worry us?
They are nothing to speak of.
Our last Scotch importation
tells of how Sandy MacPher
* HILL’S HAND LAUNDRY
* WORK GUARANTEED
* PRICES REASONABLE
* — Office at The —
* Boundary Gift Shop
* Hyder, — Alaska
******* ****
PORTLAND CANAL LODGE
1218
LOYAL ORDER OF MOOSE
Meets Second and Fourth
Thursdays
Second Thursday in Hyder
Fourth Thursday in Stewart
GEORGE B. GRIGSBY
Attorney - at - Law
KETCHIKAN. ALASKA
son decided to leave school be
cause he had to pay attention.
“University of Chicago girls
vote all men dull”—headline.
Just the same, no home is
complete without one.
Ole Olson had been working
as an engine wiper, and his
boss a thriftly man, had been
coaching him for promotion to
fireman with such advice as:
"Now, Ole, don’t waste a drop
of oil—that costs money. And
don’t waste the waste, either—
that’s getting expensive, too.”
When Ole went up to be quest
ioned on his eligibility for an
engineman he was asked
“Suppose you are on your en
gine on a single track. You
go around a curve, and you
see rushing toward you an ex
press. What would you do?”
To which Ole replied:
“I grab the oil-can; I grab the
waste—and I yump.”— Ar
kansas Utility News.
PROFESSIONAL
Jimtzt pim
^ttontcg at ^a&>
Alaska
FRANK A. METCALF
CIVIL ft MINING ENGINEER
U. S. MINERAL SURVEYOR
JUNEAU ALASKA
John Hovland
MINING
Hyder, Alaska
CHAS. F. SANDFORQ
NOTARY PUBLIC
HERALD OFFICE
Hyder Dock Co., Inc.
DEALERS IN
Coal, Hay and Grain
GIANT EXPLOSIVES
AGENTS: STANDARD OIL COMPANY.
NORTHLAND TRANSPORTATION CO.
HOLGER JOHNSON, Manager.
A. J. MAYER P O BOX 123.
...HYDER MACHINE SHOP
• • •
HYPER GARAGE
Plumbing Steamfitting Black* smithing General Repairs
Authorized Ford Agent
Genuine Ford Parts
AGENTS FOR FAIRBANKS, MORSE
ENGINES A MACHINERY
HYDER ALASKA
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