THE CORDOVA DAILY TIMES
Entered at the Postoffice at Cordova,
Alaska, as second-class matter.
H. G. STEEL
EDITOR AND PROPRIETOR
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SATURDAY, JULY 12, 1919
MR. M’ADOO A CANDIDATE
When Mr. McAdoo, as director gen-'
eral of the railroads, raised the wages
of the great bulk of the railroad em
ployes of the United States, the opin
ion was freely expressed that he was
laying the basis for his candidacy for
the presidency. It was argued that
by that move he thought to make him
self solid with the railroad vote. Of
course that was far from his purpose.
His only idea was to get more money
into circulation. He would not at that
time have considered the possibility
of ever becoming a presidential can
didate. So the suspicious public was
entirely wrong. Of course it is true
that “where the treasure is, there the
heart is also,” and the railroad men
whose wages w-ere increased might
well have a feeling of gratitude toward
Mr. McAdoo for his generous action.
Or was it generosity?
Gratitude has been defined as “a
lively sense of favors to come.” We
wonder if it would be very far wrong
if we should define generosity as “a
lively expectation of political support
to come.” A candidate will go around
the country kissing all the babies, to
say nothing of the young and pretty
women, but perish the thought that
anyone ever entertained the idea of
using public funds to further political
fortunes. No, we are certain that the
public were wrong and that the state
ment made by Mr. McAdoo that the
wages paid were too low wras the real
and only reason he had for advancing
them.
So America am mis: iNapuieun
said “I am the state.” It remains for
Mr. McAdoo to say in effect “I am
America.” That is a great assump
tion. but the truth is that he is not
America, nor was the money which
he handed out to the railroad men his
money.
The fact of the business is that Mr.
McAdoo took advantage of his tempo
rary authority to give increases in
wages to a deserving class of people,
hut the increases did not come out of
his pocket, but out of the public treas
ury. It was not his money, nor were
the employes whom he thus favored
government employes, but employes
of private corporations, and the in
crease to them was nothing more nor
less than an outrageous abuse of au
thority.
We see the result of the abuse of
this authority in the statement that
the net loss of the railroads for the
month of April was $58,000,000. This
loss would not have occurred had Mr.
McAdoo managed the railroads as
they should have been managed. It
is true that he was not in charge dur
ing the month of April, but we do not
see that it is entirely to his credit
to get the railroad systems of the coun
try into such a jangle and then resign
and leave' it for someone else to un
tangle them.
Possibly some people thought that
when Mr. McAdoo told the customs
men, inferentially, that they were bet
ter able to revise the customs laws
than the members of the congress, he
was baiting his hook for their votes,
but they were certainly mistaken. At
that time he had no idea of becoming
a presidential candidate. No, that
came later. Possibly his long service
as a “movie lawyer” had something
to do with inducing him to stifle his
ambitions to become a great lawyer
and to sacrifice his personal feelings
for the benefit of his country. Any
way, he is a candidate, and has opened
headquarters in New York city. Let
every good American rush to his sup
port.
As a starter, Mr. McAdoo says that
“a Democratic administration waged a
successful war.” Yes, the administra
tion waged the war just as Mr. Mc
Adoo is America. As a matter of fact,
the administration got its main sup
port from the opposition party. The
opposition party voted the appropri
ations, voted the administration au
thority to conduct the war, and from
the pockets of members of the oppo
sition party originally came most of
the money that went to pay the bills.
The administration was swamped un
til it called in able members of the
opposition party, the party of protec
tion, if you please, and turned over to
them the task of pulling the govern
ment out of the hole that the free
trade administration had plunged it
into.
It is worthy of any man’s ambition
to be President of the United States.
Some good man will be, next term.
It used to be said that when a boy
showed no promise of ever amounting
to anything his people educated him
to become a lawyer. Nowadays it
seems that when a man has proved a
failure at everything else he is con
sidered by certain solicitous friends to
be good “presidential timber.” But
we started to say that Mr. McAdoo
will be a candidate for the presidency.
He may even receive the nomination.
However, he will never be President.
Usual weekly Eagle dance tonight
in Eagle hall. Empress orchestra.
Good floor. Good time.
Special dinner served from 11:30
o’clock every day at the City Bakery.
Just received, a shipment of fresh
cottage cheese. Get it at Blum
O’Neill’s, Cash Grocery, or City Dairy.
Phone 187.
(Official Publication)
Report of the Financial Condition of
THE FIRST BANK
OF CORDOVA
Located at Cordova, Territory of
Alaska, at the close of business
on the 30th day of June, 1919
RESOURCES
Loans and discounts.$322,944.94
Overdrafts . 16,097.53
United States Liberty bonds 65,729.14
Other bonds . 140,478.47
Banking house, furniture
and fixtures . 23,000.00
Checks on other banks and
other cash items . 9,390.71
Cash on hand and due from
banks . 162,618.54
Total . $740,259.33
LIABILITIES
Capital stock paid in.$ 50,000.00
Surplus fund . 7,500.00
Undivided profits, less ex
penses paid . 5,426.28
Due to banks—deposits. 1,287.61
Dividends unpaid . 2,500.00
Deposits . 670,337.88
Certified checks . 25.73
Cashier’s checks . 3,181.83
Total .$740,259.33
United States of America, Territory
of Alaska, Third Judicial Divi
sion, ss.
I, Thos. S. Scott, cashier of the
above-named bank, do solemnly swear
that the foregoing statement is true
to the best of my knowledge and be
lief. THOS. S. SCOTT,
Cashier.
Correct—Attest:
H. A. SLATER
M. BROCK
A. E. LATIJROP
Directors
Subscribed and sworn to before me
this 11th day of July, 1919.
(Seal) WM. L. FURSMAN,
Notary Public in and for the Terri
tory of Alaska. My commission ex
pires Nov. 2, 1920.
FOR SALE
FOR SALE
Choice business and residence
property.
FOR RENT—
Furnished and unfurnished
apartments and cottages.
INSURANCE—
Fire and marine, life and ac
cident.
BONDS
Fidelity and surety.
CORDOVA ABSTRACT &
REALTY COMPANY
ROOM 1 ADAMS BUILDING
Cordova Dairy
Fresh Milk, Fresh
Cream, Bulgarian
Buttermilk
— «
LEAVE ORDERS
FINKELSTEIN & SAPIRO
22 BRITISH SAILORS
TO BE EXCHANGED FOR
ONE RUSSIAN ADMIRAL
LONDON, July 12 (by Associated
Press).—British naval authorities are
holding at Helsingfors the Bolshevik
“Admiral” Raskelinkoff, to exchange
him and his aide-de-camp for twenty
two British sailors who have been
prisoners in Russia for some time.,
Raskelinkoff was captured when a
Russian destroyer was taken by the
British while engaged in laying mines
in the Baltic.
When the British first proposed his
exchange for twenty-two sailors, the
Bolsheviki demurred on the ground
that the exchange was not fair, but
the “admiral’s” wife interfered and
persuaded them to make the exL
change.
PAPER MONEY ISSUED
BY KERENSKY TABOOED
TOKIO, July 12 (by Associated
Press).—Decision by the Omsk gov
ernment of Siberia to withdraw from
circulation the paper money issued
by the Kerensky regime has created
consternation among the Japanese at
Vladivostok and Harbin, who are large
holders of the Kerensky notes. Banks
conducted by Japanese have refused
to accept Kerensky notes.
The Omsk decree affects chiefly the
small 20 and 40-ruble notes. For one
month conversion of the notes was to
be conducted at banks; after June 16
the notes were not to be accepted for
conversion.
Japanese manufacturers and busi
ness men in Siberia were panic
stricken when the order was issued,
and sent a telegram to the Japanese
foreign office asking for help.
Dawn, a Russian newspaper pub
lished at Omsk, explains that the
measure of withdrawal was taken to
save the money situation in Russia,
which was going from bad to worse.
It says that the Kerensky note exclu
sion bill aims at protecting the coun
try from being flooded with Bolshevik
and bogus Kerensky bills, at the same
time suppressing speculation in ruble
notes. The newspaper declares that
the Kerensky paper has been issued
by the Bolshevik soviets far beyond
the limits of discretion.
Usual weekly Eagle dance tonight
in Eagle hall. Empress orchestra.
Good floor. Good time. !
I
Send the Saturday Times to a Friend Outside
New Rea >rds I
Let us play for you some of our new July
Pathe Records, including the famous Lieutenant
Jim Europe’s (Hell Fighters) Band, the most
famous jazz band in the world.
EMERSON RECORDS, 40c l
These are a 7-inch Record that play on any
phonograph, and we have them in all the latest
selections.
PHONOGRAPHS $ 15.00
We are now handling the Vanaphone, the
wonderful little machine that plays any record.
Cordova Drug Co. -
Good Printing
A Specialty at The Daily Times Office J
P " — ""■J” r """ .-.■igsj..11 iLaixiaii.:i...a,.,,i,r..,.,.T,Tr,i.'lvisrg:"..1 t '==?
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CORDOVA’S Iff If]?™ VW*
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| Gage Hats |
Conde & Palmer c^nn* ciq-tc
m n I n *>Z.UU to $15.75
Dolmans, Coats,
■ Suits jj
| $15.00 to $75.00 |
Lady Duff Gordon
Gowns, Dresses
1 $32.50 to $125.00 ‘ I
•:n.
H CHILDREN’S
Frocks, Dresses wash goods
_ _ CHILDREN’S
$15.00 tO $65.00 DRESSES and HATS
| Phone 107-Or MAIL YOUR ORDERS-Phone 107 |
E. S. HEWITT & CO.
JUNEAU
DEALERS IN
FILING EQUIPMENT AND SUPPLIES
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REASONABLE PRICES PROMPT SERVICE
NORTHERN MEAT MARKET
WHOLESALE AND RETAIL DEALERS IN
Fresh Beef, Pork, Veal, Mutton
and Provisions
Particular Attention and Prompt Service Given to Orders from
Mining Camps, Roadhouses and Interior Points. Halibut and other
Fresh Fish of all kinds will be kept in stock when available.
SMITH & GLASSBRENNER, Props. '
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