Administration Changes
Today in Washington, D. C.,
triumphant Democracy will
again take over control of the
national government. Franklin
D. Roosevelt, exponent cf a
“new deal” for the people and
champion of the “forgotten
man,” will succeed Herbert
Hoover, alleged minion of
“high finance,” “predatory
wealth,” and other gold-plated
rnterests, whose administation
will be long remembered as
the most disastrous in our hist
ory.
What the “new deal” will
mean for the nation only time
can tell and Heaven alone
knows whether the “forgotten
man” will be any better re
membered than in the past
Perhaps both the “new deal”
and the “forgotten man” are
merely cleverly conceived po
litical catch-phrases that mean
nothing at all after election.
We shall see.
-o
Stuart Steele and Campbell
Bushfield, who spent some
days here while awaiting the
outcome of the labor strike ai
Anyox, returned theie Tues
day to resume their employ
ment in the Granby mill.
MONEY AND THE
PRICE LEVEL
Continued from page 3.
terchangeable with gold
throughout the civilized world
on the basis of a minimum val
ue of $20,67 per ounce. This
w o u 1 d contemporaneously
quadruple the purchasing pow
er of all the silver standard
nations-well over 60 per cent
of the civilized world-establish
a rigid financial yardstick for
international exchange and
provide, in my opinion, an un
limited market at a fixed min
imum price for all our surplus
of raw. material and manufact
ured products of all kinds
which would absorb the prod
ucts of the automobile, elect
rical and other factories for a
period of 20 years if run at full
capacity, but far greater and j
more desirable than this,
would insure a profitable price
to the agriculturists, represent
ing practically 30 per cent of
our population, for their prod
ucts within two years and
quadruple the present land
values, making same desirable
collateral instead of undesir
able, as same have been the
past decade or more.
All must concede that cur
new wealth is produced entire
ly from the ground and the
waters, and unless cost of pro
duction and a fair profit are as
sured we will have no new
wealth and ultimately be de
prived of the food and suste
nance necessary for life itself.
For over 50 years now we
have been thrilled or shocked,
dependant upon the individ
ual’s. viewpoint, with rumors of
international conferences or in
ternational agreements for the
remonetization of silver. Un
doubtedly, there are many hon
est advocates of international
bimetallism believing that the
United States by independent
action can not affect a rigid
ratio of interchangeability be
tween the two metals. Histor
ical tacts justify the assertion
chat there are many geld mon
ometallists bitterly opposed to '
bimetallism not only whether
established by international
agreement or independent act
ion on the part of the United
States, who hypocritically pose |
as international bimetallists,
thereby creating a barrage to
prevent possible action by the
United States alone.
I can understand why nations
with a depreciated currency
might not want the United
States to remonetize silver at a
ratio’of 16 to 1 as this would
increase their cost of product
ion notwithstanding the fact
that they would be compensat
ed by the increase in purchas
ing power of their silver cur
rency. I can understand why
England might not want to see
silver remonetized by the
United States because it is to
England’s advantage that pro
duction costs here should re
main at the present high level, j
as this gives her a very great:
commercial advantage as an
exporter of manufact u r e d
goods. For the same reason, I
can understand why Japan and
Germany might like to have U3
remain cn our high pedestal of j
i gold so that they can undersell i
us in the markets cf the world. ;
But as an American citizen
and interested first of all in the
prosperity and happiness of the
American people, I cannot un
derstand why anyone who
wants prosperity to return to i
'the United States should ob
ject to the remonetization of
silver by the1 United States
without waiting for the con
sent of other nations who bene- ■
fit commercially by the United
States remaining upon the gold
standard.
The End.
WHEN IN STEWART:—
Club Cafe and Bakery.
SAVE with SAFETY
at
The Store
W ^BESBramBSBM
PRESCRIPTIONS CAREFULLY COMPOUNDED
HYDER I3RUG CO.
( AT THE POST OFFICE )
________——--——-'
N O Y E S BOA T COMP A N Y
Operating M. V. Fairbanks, Carrying U. S. Mails
FREIGHT and PASSENGER SERVICE BETWEEN
HYDER and KETCHIKAN
Hyder Dock Company, Hyder Agents
Hyder Grocery
FRANK REICHENBACK, PROPRIETOR.
Staple and Fancy Groceries
* f At Right Prices f *
FRESH FRUITS and VEGETABLES
IN SEASON A SPECIALTY
INTERNATIONAL AVE. HYDER. ALASKA
FOR A WARM, CLEAN, COMFORTABLE
PLACE TO STOP
WHEN IN IIYDER, ALASKA
GO TO THE
BUNGALOW HOTEL
(iKOHC'.K BUOWX, PROP.
Largs Lobby & Reading Room Cigars, Tobaccos & Soft Drinks
Hyder Dock Co., Inc.
DEALERS IN
Coal, Hay and Grain
GIANT EXPLOSIVES
AGENTS: STANDARD OIL COMPANY.
WILLS NAVIGATION. CO.
HOLGER JOHNSON, Manager.
MUH.MM.PTwrTT^wrr.-- -*7^ rTSKmgm
Something You Nave Wanted
A REDUCTION IN PRICES
WE ARE THE FIRST TO ANNOUNCE IT •
15%’ OFF 15%
ON SHIRTS, TIES, SOCKS AND GLOVES
Watch This Space For Further Announcements
BOUNDARY GIFT SHOP
PHONE 109 HUBERT THOMAS. PROP. PHONE t 09
From $15 to $25 per M.
at the
HYDER SAWMILL '
PHONE 106
HOUSE, SIGN and AUTO PAINTING
—o PAPERING and TINTING o—
—o— For Estimates See Traversy —o—
A. J. Mayer. Prop. P. 0. Box 123
..HYDER MACHINE SHOP..
HYD ER OAR A «K
Plumbing Steamfitting Black-smithing General Repairs
Authorized Ford Agent
Genuine Ford Parts
AGENTS FOR FAIRBANKS, MORSE
ENGINES & MACHINERY
Of All Household Tasks =
R
WASHING IS THE MOST THANKLESS. IT IS ALSO THE
MOST AGEING WORK A WOMAN CAN DO. HOW TOPSY
TURVY IT CAN TURN A PEACEFUL HOUSEHOLD!
SEND IT TO THE LAUNDRY. YOU'LL SAVE HALF YOUR
ENERGY AND THAT IS PRICELESS
DRY CLEANING. SUITS CLEANED AND PRESSED.
—o— FAMILY SERVICE — 0—
WE CALL AND DELIVER
PORTLAND CANAL ELECTRIC LAUNDRY, LTD. ■;
J. P. Hawkinson, Manager.
a'miim:iim>mH>»»*>aaiBiaaaaaiainaia!,,aaaiaaaa*^sl*R9ai!,a>iiai>a>mrn
. ...
jj
Hyder Radio & Telegraph Company
Telephone 100
TELEGRAPH SERVICE TO ALL PARTS OF THE WORLD
Modern Equipment “At Your Service”
HYDER, ALASKA
j- __.. . :
Send in your subscription to the »
Hyder Weekly Herald *
It You Wish to Keep in Touch With Local Development l
* ..... . 1