THE CORDOVA DAILY TIMES
Entered at the P;inioffice at Cordova,
Alaska, as second-class matter.
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H. G. STEEL
EDITOR AND PROPRIETOR
MEMBER of associated press
The Associated Press is exclusively
entitled to the use for republication of
all. news credited to it or not otherwise
credited in this paper, and also the local
credited In this paper, and also the local
news published herein.
All rights of republication of special
dispatches herein are also reserved.
TUESDAY, JANUARY 20, 1920
FUTURE OF MERCHANT MARINE
The return of normal conditions in
shipping and America’s new promi
nence in. world commerce make the
operation of our new war-built mer
chant fleet an important problem in
our national policy, the National Bank
of Commerce in New York declares
in the January issue of its magazine,
Commerce Monthly. Despite our lack
of experience in international ship
ping. there is an evident determina
tion to develop our maritime opportu
nities instead of depending on other
nations, as in the past, the bank says.
Such development is possible for
this country, the bank believes, only if
our merchant fleet is privately owned
and operated, and if the restrictions j
of our present maritime laws which
cripple American shippers in competi
tion with other nations are removed.
“It is generally recognized that the
permanent development of our mer
chant marine can be best accomplished
through private ownership and opera
tion,” Commerce Monthly says. “Com
petition in the field of overseas, trade,
ip normal times, on the economic ba
sis of profit from service rendered,
demands a measure of individual ini
tiative, freedom of judgment and
breadth of experience that can not be
had under government control.
i i j is ii. / __
OUU11U yUlU/.Y , IUC1C1UIC, 1 uquuco j
the withdrawal of the government
from the field of shipping as rapidly as j
circumstances permit. In the fulfill- j
ment of this policy, however, there are;
eertain difficulties which must be over
come. There is, first of all, the ques
tion of the price at which the govern-;
ment- owned ships shoulcj be disposed
of. The price for the which the gov- j
eminent sells it shipping can have lit
tle relation to the cost, but must be
determined on the basis of the domes
tic and foreign demand and market
prices for shipping.
“It would seem clear that the only
basis on which new capital may be
made available for the development of
our merchant marine is the prospect
of earning reasonable returns on the
investment. Before a broad field of in
vestment can be made available to the
shipping industry, however, the qual
ity and security of ship mortgages,
which are now subject to a variety
«•
of prior liens, must be improved and
standardized. Furthermore, to assure
American shipping a more nearly equal
basis of competition with foreign ship
ping, some modification of restrictions
imposed by our navigation laws, which
tend to increase unduly the relative
costs of operation, may well be con
sidered.
“As for governmental assistance in
the development of a merchant ma
rine, the United States has never fol
lowed the policy of granting general
bounties or subsidies on either con
struction or operation. It must be
understood, however, that the coast
wise trade of the United States has
since 1817 been reserved exclusively
to American-built ships operating un
der the American flag. During the war
the exclusion of foreign shipping from
our coastwise trade was suspended un
der a system of Shipping Board per
mits, but it again becomes effective
after the conclusion of peace. The
significance of our coastwise shipping
in the development of a merchant ma
rine is often overlooked. In 1914 the
American tonnage in foreign trade was
hardly more than a million gross .tons,
lnrt the tonnage in the coast trade to
taled six and three-quarters millions.
Our total tonnage was much less than
that of Great Britain, but exceeded
the tonnage of any other country.
This coastwise marine forms a nucleus
of interest, shipping experience and
capital investment, whioh in good
-
measure must be relied on in develop
ing a permanent ocean-going merchant
marine under the American flag.
“With the restoration of requisi
tioned tonnage to private control, and
the employment of government-owned
shipping in peaceful activities, the
American marine has become impor
tant in the movement of ocean-borne
commerce. Whereas, in 1914, 8.2 per
cent in value of the exports of the
United States were carried in Ameri
can bottoms, during the present year
there has been a steady increase in
the percentage of exports so carried,
from 23.3 per cent in January to 45 per
cent in September.
“In estimating the present strength
of American shipping, however, due
account must be taken of the char
acter of the tonnage itself. The ,var
emergency led to the construction of
a considerable tonnage of wooden
ships. It is doubtful whether, under
competitive conditions, they wlil be
found permanently serviceable in the
overseas trade, although they may pos
sibly be utilized to advantage in carry
ing domestic traffic. During the war,
moreover, a considerable number of
steel vessels of small tonnage were
constructed. It is generally recognized
that under normal competitive condi
tions in overseas trade large v esseis
are more efficient and economical than
smaller ships. It should be noted,
moreover, that as regards construction
since the war, the Shipping Board has
corrected its policy to provide for ships
of larger tonnage.”
Lawrence Erickson and Lawrence
Mulaley of Ketchikan have purchased
the Winston meat market. Both men
are thoroughly familiar with the meat
business, Mr. Mulaley having been
connected with Carsten’s, and Mr.
Erickson was a butcher for the same
firm.
Sugar at 25 cents a pound is one
of the prospects for the future. Oh,
yes, it’s a great life if you don't
weaken.
___
It will take a peculiar brand of
optimism to convince one that in the
sugar shortage sweet are the uses of
adversity.
Majiy a girl, who is ashamed that
her grandmother smoked a pipe, is
smoking cigarettes in an effort to for
get the past.
Now that it is said the middlemen
must be stabilized rather than elim
inated. must all the investigators start
all over again?
It is no longer considered violating
the ethics of hospitality to omit asking
a guest how many lumps of sugar he
will take in his tea.
Around the world in an airplane
sounds plausible, but what aviator
wants to stop in every town to have
the mayor sign his book?
The fellow who used to break rec
ords at corn husking bees now de
mands 10 cents a bushel in advance
before Im’ll don the armored glove.
A woman publicist says the world
needs idealism. Yet tlmre are those
who think the world is suffering front
too much that never got anywhere.
Paris hits curtailed the use of elec
tric lights, owing to coal shortage.
There are moments when Paris in
vites discredit as a leader of fashion.
It is always doubtful procedure to
attack a man as a bolshevist, in view
of the difficulty in finding out exact
ly what a bolshevist really believes or
intends to do.
Some of the mischievous publica
tions now circulated evidently do not
care whom they offend or misrepre
sent so long as they stand a chance
of making trouble.
Calico hop, January 2i.
———■—— won iiihiiiii ——MB———a—Mumm—e—
iLASSlrlLD AlmKlISlNii
LOST—Purse containing currency.
Reward if returned to Osborne
Bros. 19-tf
FOR SALE—Speed boat. Apply Gus
Cozokas. 19-tf
FOR RENT—Furnished apartment.
Call 104. 17-tf
FOR RENT—An apartment. Apply to
C. J. Goodall. 15-tf
WANTED—To buy or rent one female
canary for breeding. Call 29-2. 10-tf
WANTED—Leather couch, in good
condition. Apply Times office. 8-tf
FOR SALE—L. C. Smith typewriter;
first-class condition, $40. See Cor
dova Adjustment Co. 27tf
LOST—A monogram watch fob, with
two small diamonds in* setting. Re
turn to Times office and receive re
ward. 3-tl
FOR RENT—Furnished cabins. See
Dooley.
WANTED—Two tiemakers; good tim
ber; 40 to 45c; ties to be put in
bunches not less than three in a
bunch; parties will batch. Apply
Harry Christie, Mile 19.
||| ^,.- ...|f
||| 1^1 I i II: ill '^'''1 i' jftvr ri iaijf • §§
I 0 { SEMI-ANNUAL CLEARING SALE 1
$: X* X;
v! v. W^| // X*
II Be sure to make our store your shopping headquarters during this great §1
| Clearing Sale. No one advertisement would hold all there is to tell, nor 11
I wou^ y°u have the time to read it. Come to the store and let us show you. 1§
STARTS TOMORROW, JAN. 13TH II
LASTS TEN DAYS ONLY I1
•X *X __ • *X
X* X* ‘ —*----4 !•> .v
g: . xj
I I Let us say, first, that every article in the store £ £
IS REDUCED 15 PER CENT II
«X vl yl
| | Then we have manay special reductions which will I £
| | help you to materially reduce the H. C. of L. I £
READ READ
II EVERY HAT IN STOCK AT I i
HALF PRICE 11
| | If you want the best of the best stock in the North, | |
| | come in early. They’re all Gage & Phipps’. That I |l
| | tells the whole story. You’ll have many months’ | |
il I wear yet out of your Winter Hats. Buy them now I |
I I at half. I f
v. .v v
§ ij:j Women’s Warm Woolen Unions, $8.00 val
§ |j ues, selling at $5.00
|| WOMEN’S WOOLEN HOSIERY
i| p $1.50 values, both black and white, at..$1.25
:f p $1.25 values, both black and white, at 1.00
1 | $ 1.00 values, both black and white, at.. .75
gj p All other Hosiery reduced 15 per cent, in
| | eluding Silk, Art Silk, Fiber Silk, Lisle and
ijij g Cotton
REMEMBER
• • • ♦
!| || That our entire stock is reduced. Every arti
| || cle in the store is a bargain that you’ll need
P || shortly, if you don’t need it now.
X*
X* vY*..W.V.V.V.V.V.V.V.W.V.V.V.V.V.V.W.V.V*V.%V.V.V.V.VAV.V.%V.#.V.V.V.V.V.V.V.*.V.V.%V.VAV.
.•/ <<<*Xv.v.v.%\XvXwX#XvX*X*X#X*>.v.vXv.\v.v*%v.v.w.v.\v.\%v.v.\v.v.v.v.\\v.\v.\v.v.\\\v.v*v.v.\v#v.
CLEARING OF SHOES
Our entire stock of Footwear for Women
and Children is offered in this sale at prices
which we can t duplicate at wholesale under
present conditions.
Frankly, we advise your buying at least two
pairs. You’ll need them, and if you don’t
buy them now you’ll pay more.
ALL SHOES REDUCED 15 PER CENT
Our regular stock is priced from $4.50 to $15
Make your own reductions and
SAVE!
Isas**?
Scarborough Pictures that please at
prices that are right. Over Cordova
drug store. Phone 140—3 rings.
Congoleum Rugs, suitable for every
room in your house, can be found at
the Northwestern Hardware Co.
Fresh Ever-Ready Flashlight Bat
teries, all sizes. Blum-O’Neill Co. 3-tf
Job printing at Daily Times office.
ROSSWOG
CANDY
THE FINEST AS
SORTMENT
OF
CAN IY
ON s
SALE
AT
C M. ROSSWOG
STATIONER, NEWSDEALER,
NOTIONS,
TOBACCOS, CONFECTIONERY.
A A AVA*AVA A A%VAVA • A A A%VA *VA A%% A A A A A%■
AVAWAVAVAVAVAVAVAWAWAVAVAVAVAWAVAV
AV^V.VAVAy.VAyAyAWAVAVAVAVAVAVAVAVA
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xxxxxxxvxx-xx-xx-xxvxvxxxxvxvxxv
POOL
TOURNAMENT
IS NOW ON
I
i
AT 7:30
Charles Brown
vs.
Slim Taylor
;
THREE PRIZES
FIRST—SUIT OF CLOTHES
SECOND—PAIR OF SHOES
THIRD—STETSON HAT
A New Shipment of
FRIESHER’S
BLACK
KNITTING
YARN
Just Received at
Aunty Keating’s
Wee Shop
Socks, Sweaters and Caps Made
to Order
i
. . ..^ _I
PEYSER
THE TAILOR
Opposite Kenny
Holden’s
Phone 188
SHOE REPAIRING
DIMON NICKALOFF
Currier Building,
C Street. P. O. Box 986.
Keist Furniture
Company
Is the Place to Buy
New and Second-Hand
Household Goods
OUR PRICES ARE RIGHT
We Sell Goods on Commission
Next door to Alaska S. S. Office
launches
PIONEER AND SWAN
Wm. J. Crooker, Owner and Master
REGULAR TRIPS TO KATALLA *
FREIGHTING AND TOWING
To All Parts of the Sound
Phone 57—2 Rings
~■ —fr
TRY THE
WINDSOR
For Rooms that are j
Comfortable
*. -—-—' —i
[just received
%
A LARGE SHIPMENT OF
LIVE CHICKENS
*
Good Roasters
JOEFREY •
Phone 22