THE CORDOVA DAILY TIME!
Entered at the Postofflee at Cordova
Alaska, as second-class matter.
H. G. STEEL
EDITOR AND PROPRIETOR
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FRIDAY, MARCH 28, 1919
BOLSHEVISM IN AMERICA
To the loyal American citizen on
of the greatest surprises furnished b
the war was the considerable amour
of disloyalty among our foreign-bor
citizens, especially those formerl
owing allegiance to some autocrat!
ruler or government of continent!
Europe. In our smug self-satisfactio
it came as a shock to find that thes
foreign-born citizens should not b
even more eager to support the goi
eminent of free America than thos
who as native-born citizens took th
freedom and equality of our goverr
ment as a matter of course.
. In Germany, on the other hand, sui
prise was manifested that the amoun
of disaffection in America was so neg
ligible. The enemy had counted o:
disloyalty to a government which was
as reported in German newspapers
corrupt to the core, and in which graf
and robbery of the government wer
rampant—an idea gained from readini
a certain class of American publics
lions.
Recently a Philadelphia judge, Join
M. Patterson of the Philadelphia cour
of common pleas, said in a public ad
dress that Bolshevism in this countr;
was encouraged by “a flippant atti
tude” toward law and those placed h
authority, and he added:
*ijuioucvm movement nas
found root here because thought
less remarks are made about men
we have selected or appointed to
public office. If these people don’t
like the President of the United
States, or if they can not show
him the respect to which his posi
tion entitles him, let them move
on. If those who came here be
cause they could not tolerate con
ditions in their own country find
that our ways are not to their
liking, let them return whence
they came. Our public officials
should be respected until they
prove corrupt, and then there is a
lawful way of removing them.”
Revolutionary and anarchistic doc
trines in this country have received
their greatest impetus in this country
in those radical newspapers, usually
printed in foreign languages, which
♦appeal to the “class” prejudices oi
the working people. But these have
been greatly encouraged by the atti
ftude of other publications which in
dulge in extravagant and reckless
statement to bolster up arguments fot
extreme political views. Thus the
foreign-born laborer, whose reading is
not usually general, but generally con
fined to a so-called “labor” paper or
cheap sensational city daily which
caters to the class spirit, receives but
a warped and distorted view of Ameri
can politics, and that he is led to be
lieve that government and capitalist,
business and production are all in a
■conspiracy to rob him, is not to be won
dered at.
If ever a serious economic disturb
ance should threaten to disrupt the
government of the United States, the
fallacious preachings of the radical
newspapers will be largely responsible
But a greater degree of responsibility
will rest upon those newspapers and
periodicals which, supposedly con
ducted by patriotic citizens, give voice
to every slander against those in au
thority, giving credence fo every
whisper of alleged graft and crooked
ness, and creating the impression thai
federal, state and municipal govern
ments are honeycombed with rotten
ness and corruption. And this respoji
sibility will be shared by those poll
ticians who, for political advantage
impugn the motives and distort tin
actions of their opponents, helping t<
bolster the impression that "all ii
graft.” The ignorant or half-educatei
are not always able to sift the chaf
from the wheat In these effusions, an'
' where revolutionary sentiments liavt
* been instilled, this kind of "argument’
; is but added fuel to the flame.
’ The judge quoted above says: "0
course we have a right to discuss mat
ters affecting our welfare, but thai
- does rot mean that we should attac1
8 those who differ with us.”
\ -•
3 DRIFTING, JUST DRIFTING
5
f There are two ways for 'a govern
f ment to raise money. One—the di
1 rect way—is by an issue of bonds
, notes or obligations having a definiti
maturity. The other—the indirec
! way—by an issue of paper money. Thi
latter is sometimes called an “invol
untary loan,” the quality of compul
sion arising where the governmen
issues irredeemable paper money pay
able after an uncertain event, say thi
end of a war. This quality of com
pulsion, however, does not exist wher
the government stands ready to re
deem in gold the notes which it force;
upon its creditor.
But issues of paper money, whethe
they be voluntary or involuntary loans
have this common characteristic: I
they are issued in greater amoun
than the business of the country re
quires, they produce inflation. Bus
= ness is unduly stimulated by the cheat
ness of money; the signs become ir
= evitable that prices are going higher
everybody begins to buy for the rise
money itself taking on a depreciate;
e value, and we have before us an er;
y of rising prices, inflated values, an ecc
t nomic situation which is thorough!
a artificial and unsound, and which ha
y hidden within itself dangerous ter
c dencies and probabilities.
.1 For this reason it is plain that th;
1 best way for a government to borrow
e money is by the direct way. Loan
a made to the government are soum
- when they represent savings and th;
3 method of payment is perfectly soum
9 when it, too, represents savings in th;
- form of taxes. All of this is very ele
mentary, no doubt, but if there eve
was a time for the American peopli
t to realize it, it is the present. Pei
haps the same thing might also b<
j said of the banks; for it is a ques
tion if they do sufficiently realize it
as the time draws near for the rais
^ ing of the largest loan which a natioi
was ever called upon to raise and un
r der conditions which, to say the least
’ are not propitious.
Everybody realizes that the motivt
of patriotism, which so materially
1 helped across all other loans growing
1 out of this war, is so far lacking tc
this forthcoming Victory loan. Th<
r next thing to say, then, is that h
should be made an investment propo
* sition^ pure and simple. That is very
easily s&id, but what about the effect
upon all other existing investments?
They can not compete with govern
ment obligations bearing a high rate
of interest. On one side, therefore
the matter must be watched that there
be not caused a slump in the invest
ment market.
We hear it said: “The banks have
all the money in the country, and they
should make this loan.” Well, the
banks can do it. How can they tic
it? By turning six or seven billions
of their deposits into bonds? No, that
would manifestly be impossible, not
withstanding the wise remark we have
just quoted. The banks of the country
could not turn such a proportion of
their deposits into fixed investments
and continue to administer to the busi
ness of the country. They would have
to get rid of the bonds, which they
would do by rediscounting them at the
Federal banks, taking in their place
Federal Reserve notes, or what is the
same thing, credit for them at the
Federal banks.
What has been accomplished? By
an indirect means the government has
raised its money by issues of paper
money. There are six billions of
bonds in the Federal banks, and there
are six billions of currency added to
the money of the country. Can this
spectacle be contemplated without ut
ter dismay? What becomes of this iri
descent dream, getting back to nor
mal? Is there gold enough in the
country to act as cover for such a
deluge? Perhaps there is, but what
becomes the effect when this gold be
gins to leave our shores? Is our
boasted Federal Reserve system capa
ble of handling any such proposition?
Manifestly, it was not created for any
such purpose. It was created to han
dle in a scientific manner the busi
ness of the country, and it is doing it,
grandly doing it. But it was not cre
ated to become the agency of govern
ment borrowing in a simple stagger
ing amount.
We are no alarmist, but this is the
time when the plain truth should be
spoken, not merely by those who in
their sanctums view the battle from
afar, but by the bankers of the coun
try, who will have to face the music.
They should begin now to appreciate
what they rffe up against. It is time
to do away with drifting, just drifting
i into the campaign. We conceive it
i to be the duty of every bank in this
i country, big or little, to get out some
1 form of notice, letter or circular, show
: lng their customers that now is not
[ the time for them to let down, explain
ing that the banks can’t serve the
government in so large a measure and
them too, and making it clear that if
! they ever want things to become nor
mal and sound again they must do
their part, no matter how small that
; part may be, in assisting the govern
ment in meeting the obligations the
war has forced upon it, and which, un
less they are met, makes us a bank
rupt nation.—Pacific Banker.
-♦
VOICE OF THE ALASKA PRESS
, With that recent cold, windy snap
; behind us, we will not start bragging
s about the wonderful winter weather
. we are having. Such little touches
- of weather only add variety to life in
; Alaska. They are the squirt of lemon
- that relieves the monotony of the con
s tinued sweetness of things.—Douglas
- News.
Once more the time has come for a
! general spring cleanup of the town.
Let us start early that we may have
a ‘‘City Beautiful” for months. There
’ are a great many shacks, the old relics
^ of early days of the town, that should
be removed, or remodeled and painted.
They disfigure their neighbors, as it
were, and incidentally depreciate the
value of adjoining property, not speak
ing of neglected appearance they
| leave on the minds of strangers visit
J iug our town. Moreover, in dry sea
son they constitute a menace to the
town. Let the council get busy and
r clean them up. It is done in all well
j regulated communities. — Ketchikan
Miner.
j An inheritance tax is proposed in a
r bill introduced in the legislature of
, Representative Nordale. It is a move
l in the right direction. Economists
j everywhere have agreed that the in
[ heritance tax is just. The right to de
, vise property is a law made right, and
. society has a right to determine the
■ terms under which the right may be
> exercised.
Most States which have adopted the
! inheritance tax have either elimipated
■ from taxation small estates or pqr
, tions of estates where the heirs or
• legatees are dependent children, a de
i pendent wife or dependent parents, or
made the rate of taxation lower in
i such cases than otherwise. However,
this is a detail and does not affect the
principle involved. Mr. Nordale has
started good legislation.—Juneau Em
pire.
To convey a correct expression of
the climate of Alaska to our Eastern
friends, we should refer to Weir
'knowledge of the British Isles, ar^l of
the Scandinavian countries, by com
paring the weather conditions of cer
tain sections of the territory with
parts of these countries in the same
latitude. For instance, Sitka is in the
same latitude as Edingurgh, and the
climates of the two are about the
same. The position of Alaska direct
ly north of the groat Pacific ocear
gives it even better exposure to warm
ocean winds than that of the BritisI
Isles, while it ir, far ahead of that ol
the Scandinavian countries. Central
Russia, farther south than central
AlaBka, is considerably colder, be
cause it has no mountains like the
nd'cott range to shut oft the frigid
blasts from the north.—Fairbankf
Citizen.
Wonder what became of that mil
lion-dollar appropriation for the de
velopment of the Matanuska coa
fields? The government deals in bil
lions now and such a small appropria
tion as a million is probably not con
sidered worthy of serious considera
tion. Still, it would help thing!
around here quite a bit.—Anchorage
Times.
-«
Under direction of the Northwest
Mounted Police, places suspected of
conducting gambling in Dawson were
raided recently and many alleged
gamblers and owners taken into cus
tody. Jail sentences or fines wer
meted out to all. One man accepted
the alternative of heading down the
Yukon river in weather 50 degrees be
low zero.
-*
The Daily Times job plant li
SUMMONS BY PUBLICATION
No. C-150
In the District Court for the Territory
of Alaska, Third Division—Celia
Grayes, Plaintiff, vs. William H.
Graves, Defendant.
The President of the United States of
America to the above-named defend
ant, William H. Graves, greeting:
You are hereby required and sum
moned to appear in the .district court
for the territory of Alaska, Third divi
sion, within thirty days after the- ter
mination of the required six weeks’
period of publication of this summons
and answer the complaint of the
above-named plaintiff, the original of
which complaint is on file with the
clerk of the above-entitled court, and
unless you so appear and answer said
complaint judgment will be rendered
against you for want thereof, and
plaintiff will apply to the court for
the relief demanded in said complaint,
to wit, for a decree of absolute • di
vorce dissolving the bonds of matri
mony now existing between said
plaintiff and defendant upon the
ground of desertion and non-support.
This summons is served upon you
by publication thereof in accordance
with an order of the above-entitled
court made and entered on the 24th
day of March, 1919.
First date of publication, March 28,
1919.
Last date of publication, May 9,
1919.
Witness the Honorable Fred M.
Brown, judge of said court, this 24th
day of March, 1918.
(Seal) ARTHUR LANG, Clerk.
F. H. Foster, Attorney for Plaintiff,
Cordova, Alaska.
Sore Throat. Golds
Quickly Relieved By Hamlin’s
Wizard Oil
Hamlin’s Wizard Oil is a simple
and effective treatment for sore
throat and chest colds. Used as a
gargle for sore throat it brings quick
relief. Rubbed on the chest it will
often loosen up a hard, deep seated
cold in one night.
How often sprains, bruises, cuts
and burns occur in every family, as
well as little troubles like earache,
toothache, cold sores, canker sores,
stiff neck, and •tired aching feet
Soothing, healing Wizard Oil will al«
ways bring quick relief.
Get it from druggists for 30 cents.
If not satisfied return the bottle and
get your money back.
Ever constipated or have sick
headache? Just try Wizard Liver
Whips, pleasant little pink pills, 3Q
cents. Guaranteed.
JUST RECEIVED
A LARGE SHIPMENT OF
LIVE CHICKENS
Excellent Roasters
FRESH EGGS
FOR SALE
joeTrey
Phone 22
LUMBER
BUILDING MATERIALS OF
ALL KINDS
Brick and Lime
CORDOVA MULL AND
LUMBER CO.
r 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
FOURTH I
LIBERTY LOAN
BONDS
The final installment of Fourth Liberty Loan
Bonds purchased through this Bank has been
i received. Owners please call for same.
Arrangements can be made for the safe keep
ing of Liberty Bonds without charge.
BANK OF ALASKA
Capital $170,000.00
CORDOVA SKAGWAY ANCHORAGE WRANGELL
---!-—-" '■ --<_1__
TRAPPERS ATTENTION traders]
SHIP TO
GEORGE R. GOSHAW, Inc.
DEALER IN
RAW FURS
AI NeW York—
Alaska Building 127 w. 27th Street
We do business direct with you and solicit all Raw Purs Your shio
ments are handled by expert graders and New York market prices are
paid on correct grading the day received. If desired, your shipments will
be kept separate in order that our prices may be approved by you. Pro
viding that our valuation does not prove satisfactory, the furs will be
returned to you, transportation charges prepaid. Ship by insured parcel
post or express. Ship in a dry condition. Always -inclose an itemized
list of contents, with name and address. Also attach duplicate list to
the outside of bundle. Special instructions, if any, must accompany ship
ments. Payments are made by check on the Seattle National Bank or
in any other manner desired. Ship now.
NICHOLLS TRANSPORTATION CO.
WEEKLY TRIPS BETWEEN
Chitina and Fairbanks
Carrying Passenger's and Freight from
Either End
Fred Nicholls and Ed Bartlett have joined forces and are now prepared
to give a Regular Service to and from the Interior
i
-
ARE YOU GOING OUT THIS FALL?
Visit San Francisco and Stop with
Mark C. Thompson
at his new hotel in the heart of the city between
Powell and Mason Streets.
The Dale- Tallac Hotel
140 ELLIS STREET
Special Rates and Headquarters for Alaskans.
_\_
Manhattan Hotel
R. W. FERRELL, Prop.
Electric Lighted. Hot Water. Turkish and Tub
Baths.
OPPOSITE CORDOVA GRILL, CORDOVA, ALASKA.
^ PHONE 99
i~ - -.—
argain Stor
«
JUST RECEIVED
A LINE OF SHIRTS, PANTS, WOOL BLANKETS
^QUILTS, ETC. FROM F. A. PATRICK AND CO.
We also handle the Hirsch-Weis and Co. "Rose City"
brand of Mackinaws, Loggers’ Shirts, Rainset and Au
apelle Clothing.
Black Bear brand of union made Overalls and Jackets.
A complete line of Wool and Cotton Blankets, Quilts of all kinds,
Bed 8preads, Sheets and Pillow Slips, Wool Sox and Inaolea.
Parkeea, Gloves and Mittens, Shoe Pace and Rubber Overahoes.
Tents, Bed 8heets, Pack 8acka and Clothes Bags.
Towers’ Fish Brand Oil Coats.
L--.... - -