INDUSTRY IS
UNDERGOING
REVOLUTION
LONDON, July 12 (Correspondence
of Associated Press).—British rail
ways and coal mines are at present
financial invalids. Both of these .in
dustries still are controlled by the
government under war legislation.
Proposals that both should be na
tionalized are among the most im
portant reconstruction plans now be
ing agitated here.
The British railways are managed
by the new ministry of transport
with a guarantee of pre-war profits
to the shareholders. The coal mines
are operated by a controller who fixes
the compensation of the mine owners.
“The transport systems of the coun
try are financially in a semi-paralyzed
state,” the minister of transport, Sir
Eric Geddes, recently told the house
of commons. The balance sheet of
the railroads for the coming year, as
he forecast it, will show a loss of
£71,000,000 to £73j000,000, against
an annual profit of about £43,000,000
for the five last years before the war.
The annual wage bill of the rail
ways before the war was about £50,
000,000, and Sir Eric estimates the
increased war wages and other con
cessions at £57,000,000, the eight
hour day and other new concessions
to cost from £20,000,000 to £25,000,
000, and the extra cost of materials
and coal £27,000,000, making the in
creased cost of running the railroads
£104,000,000 to £107,000,000 without
. .
taking into account the great depre
ciation of plant during the war.
Some financiers contest these fig
ures strongly, and assert that the de
ficit is merely a paper one due to
failure in bookkeeping to charge the
immense government traffic at rates
which private traffic would cost, and
that the financial outlook is nowise
as bad as Sir Eric’s view of it.
The deficits of the railways and
mines are defrayed under present ar
rangements, the former directly from
the treasury out of the pockets of
the taxpayers, the latter by the
whole community through official ad
vances in the price of coal.
On July 14, the British govern
ment announced that the price of
coal would be increased six shillings
a ton.
MILLIONSARE LOST
IN WAGES BY STRIKE
WINNIPEG, Aug. 11 (b Associated
Press).—Canadian workingmen lost
$7,000,000 in wages in June, and
slightly more than half that amount
in the preceding month, according to
estimates.
The Winnipeg strike alone cost the
workingmen several million dollars.
Board of Trade officials believe the
economic loss to merchants, manu
facturers and the public, was at least
100 per cent more than the labor
loss.
In June, the eighty strikes in Can
ada involved 87,917 men, women and
children. The official estimate shows
a loss of about 1,445,021 working
days. The average wage involved in
the Winnipeg strike was about $5 per
day.
In May, there were eighty-four
! strikes, involving 77,688 workers, who
lost 893,816 working days.
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NEW RAILROAD PROPOSED FOR
HYDER MINING DISTRICT
A new railroad, designed to open
up the mining district surrounding
Hyder and the Portland canal, is un
der way, and the construction com
pany has already organized its forces.
The dock terminal at Hyder is al
ready commenced and the line of rail
way determined. Present plans call
for a road 12 miles long, paralleling
the projected government wagon road
soon to be constructed. will ter
minate at Hyder. The ultimate idea
will be to increase the road to a
length of 22 mEiles and cross the bor
der into British Columbia, but the
first stretch will be entirely upon
American territory.
HEAVY RAINFALL REPORTED
IN YUKON REGION
June and July have been record
breaking months for rainfall in the
Yukon. While the downpour is
somewhat displeasing to those who
like to bask in the sunshine, the
Klondike miner is delighted. The
reservoirs are filled with water and
the giants are spouting night and
day, tearing down their loads of grav
el from their resting place of ages. A
season like this makes tens of thou
sands of dollars difference monthly in
favor of the camp, and everyone gets
his pinch of prosperity.
Just the covering for your kitchen!
Congelum Art Rugs. They are clean,
sanitary and durable. Northwestern
Hardware Company. tr
It’s the flavor and the grain which
make the bread at the City Bakery
famous.
We always have a supply of
pasteurized sweet milk and cream on
hand. Also buttermilk and Bulgarian
buttermilk. City Dairy. Phone 187.
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Read the Daily Times ror the latest
and most reliable world news.
If you change your address, do not
notify the carrier boy—report your
new address to the office.
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I | The times have brought new and trying problems to women— gi
| problems that have multiplied the cares of housekeeping. It has j|
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ig things. While acting as mother and business manager in the ig
j| home, she must give time to many more oroblems than hereto- i|
gi fore. gi
gi To save time and meet these many demands being made ig
ig upon her, the modern woman must simplify her household meth- ig
ig ods. This she can do by cutting out the disagreeable and irk- ig
£ some wash day, by availing herself of the help the MODERN £
! LAUNDRY offers. |
gi The Modern Laundry, with its modern equipment, efh- gi
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gi agement, is well qualified to assume, for womankind in particu- gi
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ig ods of boiling, bleaching and the washboard, the use of strong |j
£ soaps, lye and injurious soap powders—all of which tend to de- ig
| | stroy the fiber, the Modern Laundry employes scientific methods
gi of sousing, rinsing and sterilizing—returning the clothes sweetly £
i| clean and beautifully finished. gi
gi If you seek leisure for more devotion to your children, the do- gi
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| increased participation in the bigger things of life, could anything
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| Call up Phone 66, and our man will promptly be at your serv- |
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BULERY-SCOTICOMPAN'
Due to the unprecedentedly light run of Pink and
Chum Salmon, the anticipated pack of these fish has not
been secured.
Under normal conditions the revenue from the pack of
salmon, as above stated, would have been ample to have
provided for the equipment and improvements that have
been placed in the cannery at Cordova.
The present stockholders have a firm belief in the prof
its to be derived from the canning of salmon, and have
therefore decided to offer to the public an interest in the
Company. A limited number of shares are now offered
for sale in Cordova if taken at once.
i
The Hillery-Scott Company is a going concern, and sj
the offer of stock will be limited to the necessary require
ments of the Company. j
Additional and proven Salmon Fish Traps have been
secured, which, added to those now in operation by the
I Company, should assure a fair and profitable pack, this
season, of Silver Salmon.
Owdng to the fact that the cannery of the Company is
not operated by contract labor, but secures its help lo
Ically, as needed, the overhead expense is reduced to a
minimum.
» Your inspection of the cannery and equipment is in
vited.
Subscriptions will be received at the Cannery Office,
on City Dock, or at the office of Mr. Kelly R.obinson, in
the Ostrander Building.
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JUST RECEIVED
A LARGE SHIPMENT OF
LIVE CHICKENS
Good Friers
FRESH EGGS
i
FOR SALE
joeTrey
Phone 22
Manhattan Hotel
R. W. FERRELL. Prop.
Electric Lighted. Hot Water. Turkish and Tub
Baths.
OPPOSITE CORDOVA GRILL, CORDOVA, ALASKA.
PHONE 99
i
FRED M. SCHAUPP
SANITARY PLUMBING
Steam-Fitting, Marine Pipe and lank Work
Sheet Metal W/ork
SECOND STREET, NEXT DOOR TO FEDERAL JAIL
PHONE 72
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• • • • • • * • * * • .*«•»***•***•*»*•
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& SEE OUR LARGE ASSORTMENT £:
8 £
• _ • »
I Traveling Bags i
—
£ and S
V.
# • • • •
•V
omt Cases
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:$ This luggage, Just received, Is of better quality and has
♦X X* ,
•$ greater value than any we have seen :*:•!
1 I
MODERATELY PRICED
£ £
Suit Cases, $6.00 to $40.00
Traveling Bags, $12.00 to $17.50
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1 WILL CLAYSONI
Si £
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Fortunes in Texas Oil
Ninety-seven per cent of all the
companies are successful. We’ve
never recommended a company that
didn’t prove an excellent invest
ment for the investors.
Fowler Farm paid $22,500 for ev
erv $100 invested; Marine paid
$1,750 for every $100; Burk-Wag
goner paid $3,333.33 for every $100.
We are recommending three ex
cellent stocks:
Twin Gusher at $1.50 a share.
Merchants and Travelers’ at $10
a share.
E. B. Hyer Oil Company at $1.00 a
share.
Write for information concerning
the new Southwestern oil fields.
McIntosh & company
The Big Brokers of Texas
ierald Building El Paso, Texas
YOUR FURS MADE TO ORDER
Best work guaranteed. Low
est prices. Over 2,000 Alaska
customers.
R. W. Drew
Tacoma’s Expert Furreir
11th and B’dw’y, Tacoma, Wash.