HYDER WEEKLY HERALD
Established 1924
Published Every Saturday at. the Herald Building,
Second Avenue, Hyder, Alaska.
Telephone No 32
Chas. F. Sandford. Owner and Publisher !
Entered as second-class matter at the postoffice at Hyder, j
Alaska, under the act of March 3, 1879.
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AN INDEPENDENT NEWSPAPER
Tnis newspaper is not connected in any manner with any
stock brokerage firm or other establishment associated in or
interested in the sale of mining shares and publishes no in
formation relative to local mining development that is not be
lieved to be in full accord with fact.
Read AH Of This Or None
It is a gloomy moment in his
tory. Not for many years—
not in the lifetime of most men
who read this paper—has;
there been so much grave and
deep apprehension; never has
the future seemed so incalcul
able as at this time. In our own
country there is universal com
mercial prostration and panic,
and thousands of our poorest
fellow citizens are turned out |
against the approaching win- J
ter without employment, and
without the prospect of it.
In France, the political cal-;
dron seethes and bubbles with
uncertainty; Russia hangs, as
usual, like a cloud, dark and
silent upon the horizon of
Europe; while all the energies
resources and influences of thi
British Empire are sorely tried
and are yet to be tried more
sorely, in coping with the vast
and deadly Indian insurrec
tion, and with its disturbed re !
lations in China.
It is a solemn moment, and
no man can feel an indiffer
ence (which, happily, no man
pretends to feel) in the issue
of events.
Of our troubles no man can j
see the end. They are, fortu-1
nately, as yet mainly com-1
mercial; and if we are only to
lose money, and by painful
poverty to be taught wisdom—
the wisdom of honor, of faith;
of sympathy and of charity—
no man need seriously to de
spair. And yet the very haste
to be rich, which is the occas
sion of this widespread cal- ;
amity, has also tended to de- i
troy the moral forces with |
which we are to resist and sub
due the calamity.
Good friends—let our con
duct prove that the call come?
to men who have large hearts
however narrowed their home*;
may be; who have nothing
but manhood, strong in its
faith in God, to rely upon; and
whoever shows himself truly a
God-fearing man now, by
helping wherever and however
he can, will be as blessed and
beloved as a great light in
darkness.
Now comes the remarkable fact.
What you have just read was not
written yesterday, about the condition
of today—but is a verbatim reprint
ot an editorial which appeared in
Harper's Weekly on October 10, 1S57.
July of that year was normal. Sep
tember marked the beginning of de
pression. This editorial appeared in
October. Seventeen months later, in
March of 1859, business was back at
normal again.
'•Of our own troubles no man can
see end.” They said it in 1857, and
it has been said many times, before
and since. Depressions have occurred
in American business since the Rev
olutionary war, and every one has
looked black, and seemed unending.
Every one has been followed by re
covery—and prosperity.
----. o
A Way Out Is Suggested
Eliminate short selling, ab
olish the capital gain tax, put
the administration of anti
trust laws under the Interstate
Commerce Commission—then
the country will pull out of the
depression without waiting foi
.he rest of the world.
These, in brief, are the sug
gestions of Robert J. Caldwell
former director of the Sea
boaid National Bank of New
York, cotton manufactured
and author, who has often
served as a special commission
er for the government in inter
national industrial relations.
If short selling were stopped
by federal or state legislation,
it would give the stock market
a chance to stabilize, restore
eonfidence, and loosen up some
jf the money now being hoard
ed, which in turn would pro
note buying, especially of
commodities, according to Dr.
Caldwell’s statement. He also
contends that the capital gain
ax operates to discourage in
vestments, which he explains
hus:
“The capital gain tax holds
back investments, for people
reason that they will have to
divide with the government if
hey gain. When in a speculat
ive mood they buy regardless
of high prices, but when the
market falls they hesitate to
•>ell, because they will be tax
id if they sell at a profit. So
hey often follow the market
down until they are cleaned
jut; thus the government los
es the tax and the security
holder takes the entire loss.”
All of which is only another
way of saying that ill-advised
government interference with
business is bad business for all
concerned.
Just for Fun
Farmers are said tn he split
over the question of relief.
But they haven’t had a great
deal of relief to split.
Americanism: Squad of Bos
ton police airmed with sawed
off shot guns guarding funeral
of two slain gangsters.
LATER THAN THAT
Mr. HoUem—Why, It’s nearly half- \
past eleven. It’s time to go.
Miss Kittling—Oil, It's surely later
l!u>n that _
Dentist: “Where is that
aeli'ng tooth V”
Theater Usher: “Balconj \
l'uv-t row to ih ? right ’
Japan says she is doing in
Manchuria only what we did
in Nicaragua. Mr. Stimson;
will have to think up an an- j
swer to that.
From reading about that i
Culbertson - Lentz contract i
bridge tournament we gather j
that an expert is one who1
makes what he bids at least \
50 per cent of the time.
I
KNEW THE BOSS
'itr
•‘The boss wants you In Ills office
right away. 1 guess It's the bounce
for yours.”
“Nix. He only wants to find out
the name of that player who made
that home run hit at yesterday's
same.”
The waiter was taking the
order of a pretty girl who was
accompanied by a florid,
podgy, middle-aged man.
“And how about the lob
ster?” the waiter inquired.
“Oh, he can order whatever
he likes,” came the startling
reply.
“My boy,” said the million
aire, lecturing his son on the
| importance o f economy,
“when I was your age I car
| l ied water for a gang of brick
layers.”
“I’m proud of you father,”
answered his off-spring; “if it
hadn’t been for your pluck
and perseverence, I might
have had to do something of
that sort myself.”
Her better half a'rived home
at 2 a. m. and at 2 .f>0 after
she had finished her lecture
she said, “\Y ell, what have
you to say?”
“I sure am glad that I ain’t
King Solomon,” he mumbled,
crawling into bed.
TEN YEARS OR SO AGO
From the Hyder Alaska Miner
January 11, 1922
A private radio message this
week from Juneau announced
that $36,000 has been alloted
to the Forestry Reserve for re
pairing flood damages and
protection against the future,
also part of the cost of con
structing an approach to Hy
der Dock.
While helping Harry Gor
don on the Dominion telegraph
line Saturday, Harry Hume
fell over a cliff about 40 feet
high and received numerous
cuts about the forehead and j
face. Harry patched him up j
with adhesive tape and Danny j
is little the worse for his ex
perience — thanks to the
abundance of soft, cool snow
in which he landed.
The fourth quarterly state
ment of the Salmon River
Banking Co., published in this
issue of the Miner, showed
loans and discounts of $10,
412.84; loans on real estate
of $5,600, total resources of
$40,811.57, and individual and
savings deposits of $22,880.45.
Pete Lowe, who christened
the T. H. Empress on its in
itial trip up the Salmon, under
took the other day to act as
conductor for a trip, and let
himself in for a lot of trouble.
He left the rig for half a min
ute, and the horses bolted up
the road, with Pete in hot pur
suit, and gaining at every
jump. But alas and alack—
the seven hounds that run
with the rig became mixed up
with his legs, throwing him in
the snow and jarring loose an
eruption of language that
woke the hibernating bears
and caused the mountain goats j
to jump from precipice to
precipice and back again. Be-!
fore Pete could kick the slats
out of the K9s w-ith his No.
9s, the cayuses collided with
a freight team coming down
from the Premier. The rest
isn’t fit to print.
Noel Traversy took the ham
out of Bingham. He painted a
sign: “Bing’s Lunch” on the
window of L. S. Bingham's
new eating establishment.
Now we know where the ham
sandwiches come from.
Harry Howson, superintend
ent of the Forty-Nine when
that proprety was operating,
returned Friday after a long
absence. He says interest in
the mining circles Outside
centers largely in this district
and he anticipates great min
ing activity here after finan
cial conditions in the big mon
ey centers have become ad
justed.
Fred Dory reports that the
piling for the proposed walk
from First street to the wire
less station has been delivered
and the walk will be built by
the Commercial Association
when funds are available.
A large painting of the back
ground of tlie mountains as
seen from Hyder, done by Mrs.
L. A. Willard, former owner
of of the Miners’ Hotel, which
was recently presented to the
Commercial Association, will
be raffled at the picture show
Saturday, regardless of the
number of tickets that have
been sold.
It takes a high-priced radio
comedian to make the old
jokes sound funny again.
ixy—> MIJZ3XB.j ■'%»
INTERESTING NOTES
New York City has some 1,
600,000 telephones over which
7,000,000 calls are made daily.
Irish harps are becoming so
rare in Ireland that some were
sold recently for $500 each.
South Africans paid nearly
$17,000,000 for drinks and
smokes in the 1930-1931 fiscal
year.
Since 1924 the German gov
ernment has built 1,751,685
apartments and single dwell
ings designed to benefit the
poor.
Out of 5,231 graduates of
agricultural courses in land
grant colleges, only 937 en
tered farm work, according to
a recent survey by the Office
of Education.
OUTSTANDING RADIO VALUES
The New Crosley Battery Show Boy—
Screen grid, new 2-volt tubes, push
pull output, uses new cell “A" bat
tery, no light current, no batteries
to charge—$49.50 complete, less bat
teries.
The Crosley Play Boy—Eight tube
superhetrodyne pentode, screen grid,
moving coil dynamic speaker—com
plete $52.25.
THE NUGGET SHOP
Jewelry made to order—repair work,
anything in jewelry at short notice.
fUL.W..
PROFESSIONAL
JSvmzt pim
(Attorney at ^ato
JJgfcer, JKlaska
FRANK A. METCALF
CIVIL & MINING ENGINEER
U. S. MINERAL SURVEYOR
JUNEAU ALASKA
CHAS ,F. JANDFORD
NOTARY PUBLIC
HERALD OFFICE
PORTLAND CANAL LODGE
1218
LOYAL ORDER OF MOOSE
Howard Campbell, Dictator
P. S. Jack, Secretary
Meets Second and Fourth Thursdays
Second Thursday in Hyder
Fourth Thursday in Stewart
***•**•*'•••
* Hyder Methodist Episcopal Church *
* Rev. H. R. Cross, Pastor *
* Sunday School at 10:30 a. in. *
* Evening Service at 7:30 p. m. •
* Everyone is cordially invited to •
* the services. •
NOYES BOAT COMPANY
Operating M. V. Fairbanks, Carrying U. S. Mails
FREIGHT and PASSENGER SERVICE BETWEEN
HYDER and KETCHIKAN
Hyder Dock Company, Hyder Afcenta
A. J. MAYER P O BOX 122
...HYDER MACHINE SHOP...
UYDER Ci A B A GE
Plumbing Steamfitting Black-smithing General Repairs
Authorized Ford Agent
Genuine Ford Parts
AGENTS FOR FAIRBANKS, MORSE
ENGINES & MACHINERY
HYDER ALASKA