MONEY SPENT
BY U. S. FOR
WAR PURPOSES
WASHINGTON. I *••<-. !i The 11 nan
rial history of A.ucritu's part in tin
war is set forth by Secretary .icAdot
in his annual report, drafted before
his resignation, and made public to
day by the treasury. It is tin* history
of how tin* American people paid bil
lions in taxes, raised four great Lib
erty loans and created a tremendous
pool of credit with which the treasury
through its many war agencies paid
the bills of the army and navy, the
shipping hoard and other government
departments, loaned billions to the til
lies and millions to war industries,
helped support the families of soldiers
and sailors and tided farmers over
periods of financial stringency.
“The payment into the treasury ot
vast sums in war taxes and from bond
sales." said Secretary MeAdoo, “and
the transformation of our varied and
complex economic life to the supreme
task of winning the war have been
accomplished without shock or tinan
cial disturbance. The credit and bus
iness structure of the nation remains
sound and strong. The results of the
four Liberty loans are a tribute to
the patriotism of the American people
and to the economic strength of the
nation."
The report cun.-diiutes Secretary Me
Adoo's linal accounting of his steward
ship before retiring as the nation's
finance minister. Throughout the re
port. Mr. MeAdoo refers repeatedly to
the remarkable achievements of Amer
ica's civilian population in providing
the money and materials for war. and
acting as tie- “eager second lim* of
defense."
Commenting on the mowing ni mi
uncial arrangement- m gi .it netaii
by tin- document, trm- iry 1 i>i ri;. .
recalled tnat the limie* '-tl 1 ' ««•
the < i\ il v .ii* i huri« I in .i ,great • u I.
of mu. ' > I* *iger . and prohulds n v«*r
will lie oh icially eon. pi -. 1.
i- nr ;n i. *11 i,mm ii- milling i ■ '
Sei'ii'laty» . ii'Ailon limated tli.it
ill** actual • '-I nl tile war. with al
lowatic fur the government's or lin
ary »*xpen • -s in ordinary. tunes. wa
$ L’l,Lilli.*.oOO.ouO. Nearly half of this, or
$»;.IPP.OOO.OOO, went into permanent in
vestments in the form of ships, ship
yards, war vessels, army camps, build
ings, and in loans to allies or to Amor
it an war industries. Of the year’s ex
penses ::i.t: per cent came from taxa
tion.
Tin* civil establishment of the gov
eminent during the year spent $l.f)Of.
non,nun, while tin- war department
spent '.i.'ls I.ouihhiii and the navy $ 1.
MOs.ood.uoo. For support of the army
alone the government paid out $ 1 11J.
ooo.oon. The naval expenditures in
cluded tin construction of new ves
sels. machinery, armament, equipment
and improvements at navy yards. To
tal ordinary disbursements for the en
tire year amounted to iS.lN'di.OOO.OOO,
and ordinary receipts, excluding money
received from Liberty loans, amount
ed to $4,174,000,000. Loans to allies
during the year amounted to $4,7.’?9,
ooo.oon additional.
Looking forward. Secretary McAdoo
found great difficulty in forecasting
expenditures for the current fiseul
year which ends next June 30, on ac
count of the sudden coming of peace.
Estimates which he presented arc
bused on calculations of each depart
ment in advance of revisions since the
signing of tin- armistice ami he does
not consider them reliable. With :iris
explanation. Mr. McAdoo force.is-* ex
penditures for this year at $20,0x7.cue.
t .10 for government purposes am! -M.
37“ on...lino for loans to the a'U ■ ’-d
relii.oim.mm for redemption o:' out
s'anding certiorates anti other debt
cancellation. Total i stimated di
Imrsemenls for the year w re jet at
$7].x.ooo ooo.
Again t thi estimate .’.hiclt actual
expenses at lit - rat-- of a little non
than a billion and a half dollars '
date indicate is too high. Mr. McAdoo
calculated that the government "il
receive about $5,000,000,000 before the
•nd of the 11 sea 1 year next June lit)
trom income and profits taxes. $1,100,
000,000 from other taxes, $ lilO.OOO.OOi
from customs and $555,000,000 fron
miscellaneous sources, including $70.
000,000 from increased postage, milk
ing estimated receipts from ordinary
sources $6,840,000,000. In addition hi
figured roughly on u little more than
$5,000,000,000 from further Issues ol
Liberty bonds and $1,200,000,000 from
war savings. These figures added t<
receipts from Liberty bonds already
sold make $14,168,000,000 the total ol
popular borrowings expected during
the year. On this basis total estimated
receipts would be $21,022,000,000 oi
$6,695,000,000 less than tentative esti
mated disbursements. Actual develop
meats are expected to change these
calculations greatly.
—♦
WANTED—Restaurant or chamber
maid work by woman Apply
HOW ALASKA MAILS
ARE DESPATCHED
All mails for Alaska are dispatched
i from Seattle. Wash . only Steamers
.leave Seattle lor Cordova about seven
times per month, arriving at Cordova
in from six to ten days. Steamers
| leave Seattle for Skagway about ten
times per month, reaching Skagway in
! mm four to seven days.
During the winter months (approxi
mately ()< loher 1 to May ", 1 i n.a'ls
for Nome and St Michael and vioin
I it v; for points on the Yukon river
below Tanana; for Fairbanks and all
, Tanana river and Koyukuk river
points; and for Dead wood and Miller
House, are dispatched by steamer to
| Cordova, going forward from that
point via tin* Kennecott & Cordova
| Cl* and Chitina-Kairbanks-Tannana
route.
Mails leave Chitina tor Fairbanks
every Tuesday and Friday. October
1 to November 23. and March 21 to
May 31, and every Tuesday, Friday
and Sunday. November 21. to March
2<». and are due at Fairbanks in eleven
i days.
Mails for Tanana and points beyond
Heave Fairbanks once a week October
in to December 3 and April 1 to May
31. and twice a week December 4 to
Manh 31. on arrival of mail from
| Chitina, and are due at Tanana in
nine days. St. Michael in twenty-!
seven days and Nome* in thirty-three
clays.
Mails for Dawson. Y T.. and joints
in British Columbia and Yukon tor- j
ritory between Skagway and Dawson
arc carried overland from terminus
of White Bass Yukon railroad
twice a week between Skagway and
Dawson and three times a month
from Daw on in Fugle Mails are due
to arrive* at Dawson in about nine
clays, and Fugle in about twelve day
after departure from Skagway.
Service is performed on route from
F *g! \ by Si*"1 iTct'k, .lack Wade and
Franklin, in Chicken, twice a month.
1 ii cl. i uippln (I mice ;i week from
Fairbanks, and Fort Yukmi is sun
; 1 ' ' i • ,i month from < ’iivlc (*ir
' le I a Iso Uppl'e'l n 11 e e :• l: mill.
Nov e: her 1 In V pri! frm K mb
Mail '■>: ii'atepart i rli p; \ Inal \ :a
Fairbanks
Derim: i!ie winter ‘-•■asnn mails for
all points in \laska above referred to
are restricted in letters in their ordi
nary fonn. iru biding post card . < v
eepting where the quantity of sn« h
other mail does not equal the weight
limit, in which rase singly wrapped
newspapers and periodicals from the
oillce of publication addressed to in
dividual subscribers, public libraries
and new; paper publishers, transient
newspapers and periodicals. and
printed matter of all kinds (except
books, trade catalogues and circulars i
will be admitted to make up the full
amount
(hi the routes centering at Kagh
the limit of weight which may be dis
patched is as follows: Six hundred
pounds per trip between Kagle and
Chicken; 200 pounds per trip between
Kagle and Circle; 8n0 pounds per trip
between Dawson and Kagle.
The weights that may be dispatched
via Chitina. over the routes beyond
that point, are ns follows: 800 j
pounds per trip October 1 to Novem
ber 23, and March 21 to May 21. and
; 1,600 pounds per trip November 24
to March 20. between Chitina and
Fairbanks; 800 pounds per trip Oc
tober 10 to December 3 and April 1
to May 31. and 1,200 pounds per trip
December 4 to March 31 between
Fairbanks and Tatiana; 600 pounds,
per week October 16 to December 12
[iml April 1" to Mny 31. and 1,360
pounds per week December 13 to
April 9 between Tanana and St.'
Michael; 500 pounds per trip between j
Cnalakleet and Nome.
Betties and Nolan are supplied once |
a month from Tanana, weight limit
L’oo pounds per trip.
♦
RESOLUTIONS OF CONDOLENCE
Adopted by Camp Chitina No. 31,
Arctic Brotherhood
Whereas, Our dearly boioved
brother. William Merrohl. has been
suddenly called from our midst, by
the C,r»*at Creator:
Resolved. That in the death of i
Brother Herrold a great loss has been
suffered, not only by the Arctic Broth
ers, but by his relatives and his many
friends in the Copper River valley, and
that we sincerely mourn his loss, and
bow to the will of (Jod; and be it
further
Resolved, That a copy of these reso- i
lotions be spread on the records of j
Camp Chitina No 31, and a copy be j
sent to his bereaved mother and sis
ers, and a copy he sent to the papers
of Cordova and McCarthy.
Chitina. Dec. 2. 1918.
•-♦
AND GOT
COLD FEET.
I sent my
daughter to a
cooking school
to fit her for
niurrkigrv.
Wan the ex
periment a sue
cess ?
No. the man
she was en
gaged to found
t out.
4
Reliable war news in the Times
BUILDING MATERIALS OF
ALL KINDS
Brick and Lime
CORDOVA MILL AND
LUMBER CO.
II i ——*
* ^
WILLOW CREEK,!
ALASKA
will soon become a second
Cripple Creek
$100 Invested Today in the
Little Gem Mine
will make you several thousand dollars within
a year or two.
1 am authorized to'place a limited amount
of shares at
TEN CENTS A SHARE
and will accept Liberty Bonds at par value.
Will be at Smith s Hotel for one yveek
only.
R. DAVID REESE
Mining Engineer
NOTICE TO CREDITORS
In United Staten Commissioner's
Pourt in and for Cordova Precinct,
Territory of Alaska (In Probate).
In tin* matter of the Estate of An
drew Nelson, deceased.
Notice is hereby given r»y the un
dersigned administrator of the estate
of Andrew Nelson, deeeased. to the
creditors of and all persons having
claims against the said deceased, to
present the same, with the necessary
vouchers, within six months from the
date of the first publication of this
notice, to the administrator at h is
place of business in Cordova, t«-rri
tory of Alaska, the same being the
place for the transaction ot Haul
estate. K. K. HOLDEN,
Administrator.
NOTICE TO CREDITORS
It; the Drifted State’s Domini ■-sioner’f
(’ourt. (’hitina Precinct, Third Divi
sion, Territory of Alaska (In Pro
hate) In the matter of the Estate
of Edward (Justafson. tier-eased
Notice is hereby given by the under
signed administrator of the estate of
Edward (Justafson. deceased, to the
i creditors and all persons having
claims against the* said Kdward Cub
tafson. deceased. to present the came,
w iti) the necessary vom her . within
six months from the date of the first
publication of this notice. tn the ad
mlnistrator at his pla< e <»• business
at StreJna, in fhitina prec-imt, ferri
lory of Alaska, the same being the
place tor tin trail action of tin bu )
ness of tin said • late
V .1 ItWYKK, \dmiti’ trafor
hate of first puhliea I ion. Nov 1!5,
11* IS.
I )at«* of las t public ation. I )» c '*,0
1 !• 1 S
Rocks—Sulphurous Waters—Oils
—just as they come “ITi
Press” takes them on and
beats them. There never
was such a boot for wear.
The most heart-breaking
service merely brings it
back for more. Miners find
they do not have to attach
k leather hob-nailed soles to
I • ( • I
v ; r
Mr. Business
Man
By the recent addition of many new
type faces and other equipment we have
made of our JOB DEPARTMENT one
of the finest in Alaska. We are now in
a position to handle your orders with
even more neatness and dispatch than
before. How about that order for sta
tionery you were wanting right away?
Just step to the phone and call us—
we will do the rest.
Prices? Well—, you will find them
always RIGHT.
Cordova Daily
Times
1 i
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