"3
<By Associated Press)
PITTSBURG Pa., Jan. 12.—America
probably will have a commercial lead
at the close of the war but the na
tion’s energies will require quicken
ing if this lead is to be maintained,
it was pointed out in a paper by John
Clausen, vice president of the Crock
er National bank of San Francisco,
read here before a conference of the
committee of fifteen on educational
preparation for foreign service ap
pointed by P. P. Claxton, commission
er of education of the United States.
Trade combinations for the advance
ment of extra-territorial business, im
proved banking facilities, relations,
practices and with the investment
abroad of capital hitherto held at
home, and training in commercial
languages and business fundamentals
were advocated by Mr. Clausen. He
pointed out that with modern labor
saving devices and tremendous out
puts, high wages to employes, as com
pared with other countries need not
mean a disadvantage in the market.
“The automobile business affords a
familiar illustration,” the paper said.
'‘The wages paid in automobile factor
ies are very high, but owing to the
scale upon which the automobile in
dustry is organized, the costs of pro
duction have been lower here than
abroad, with the result that our man
ufacturers have led the world in low
priced cars. Wages are higher in the
United States than in most countries
and probably will remain so, coupled
with highly organized capital and
equipped with the most modern appli
ances of production, the labor-factor
may be low, notwithstanding high
wages.”
Home markets according to Mr.
Clausen will not keep busy the tre
mendously efficient manufacturing
ability of the country; foreign mar
Wets must be sought, and “the only
way we will be able to make the ex
port sales hoped for will be by using
our capital to finance the purchases.”
This procedure, Mr. Clausen pointed
out, was followed by Great Britain in
making herself pre-eminent in foreign 1
trade, and in all continental countries
large bodies of investors are found
who are used to buying securities any
where in the w'orld.
“Manufacturers are beginning to
realize that their most aggressive com
petitors are not their fellow country
men engaged in international trade,”
Mr. Clausen continued in his paper,
“but rather the powerful combina
tions of merchants in other countries.
Co-operative combinations such as
may be deemed expedient to develop
our foreign relations in normal times
are essential, and should in no sense
be considered a contractional restraint
of free trading.”
He commenued the Webb bill, legal
izing joint foreign trading agencies
of American exporters which passed
the house in June and is now before
i
the senate, and urged the planting of
jointly owned banks abroad, under
' the federal reserve system, comparing
British overseas banks capitalized at
—■wim-rni—mn i m ..
more than $500,000,000 with some $5,
000,000 or $6,000,000 so invested by
North American interests. Modern
ized credit facilities, including a wid
er use of trade acceptances as against
open book accounts were advocated, j
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♦ Gossip About Events of National t
Importance and the Person* *
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♦ Who Are in the Head- ♦
^ Liner Classes. *
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PASADENA, Cal.. Jan. 12.—The
east and the west are not indulging
in any football contest here as in the
past due to the failure of the war de
1 partment to sanction the proposed
trip of the Allentown. Pa., ambulance
corps team, but California and the
northwest were to lock horns In a
gridiron battle that promised plenty
of thrills. The game is between 'he
Marines of Mare Island, Cal., and the
soldiers team of the American Lake,
Washington, cantonment. It is a fea
ture of the annual tournament, of
roses here.
Lieutenant W. L. Stanton, coach of
the Pomona and Occidental college
elevens in Southern California, is
handling the soldiers. The marines
are being handled by lingo Bezdek,
coach of the University of Washing
ton football squads and manager of
the Pittsburg Pirates. The marines
have a distinctive University of Ore
gon flavor, as Bailey, right tackle;
Hall, right guard; Beckett, left tackle;
Mitchell, left end and Huntington,
full back, hail from the northern in
stitution. They all have the Bezdek
IH.IH IUIMU I- ILUH «■« muiw' I 4
s-vsteni at their nnger tips.
The soldiers' team is not only the
pick of the cantonment but of most
(lf the far western universities and
athletic associations. The Camp Lewis
outfit is outweighed, but Lieutenant
Stanton says his charges will more
than offsett this in fighting spirit.
SAN JOSE, Cal.. Jan. 12.—Eddie
tiallinan, one time Infielders with the
St Louis National league ball team
and later with Sacramento and Salt
Bake in the Pacific Coast league, is
a full-fledged soldier. He was draft
ed at San Kranclcso and on account
of his experience as a fireman was
sent to Camp Fremont to join the
newly organized fire fighting brigade
there.
Now he has been drafted a second!
time. Major Jenjamin F. Pope, maim-]
ger of the All-army baseball teain,^
having requisitioned his services as
a member of the all-star army team.
BERKELEY, Cal., Jan. 12—In re
viewing football season of the Uni
versity of California there has been
considerable discussion among fol
lowers of the game anent the slump
taken by the team at the close of the
season. Men who have studied the
game ascribe the cause to the make
up of the schedule. With the princi
pal game of the season coming in the
middle of the program, it is contend-i
ed that the subsequent contests are a
mere anti-climax and interest is on
the wane. With the team brought tol
concert pitch in mid-season it is con-j
tended to be rarity where the men can
be brought up again to this condition
in the same season, especially for min
or games.
|r'v:1: v 's'liji 1^1; m .j.«
NOTICE
We have one of the finest and best
assorted stock of men’s out-of
| door wearing apparal
Iin Alaska.
» ®ur **ne °f Fell Shoes, Moccasins, Shoe Pacs
of all brands, "heavy Sox, Artie over-Shoes,
I Mackinaw Shirts, Leather Vests, Sheep Sox
Fur Caps, Cloth Caps, Heavy Blankets and Quilts make
us the leaders. You get goods at the RIGHT PRICE.
Our specialty is the Kenyon Water-Proof mack
inaw-Coat. It will be a pleasure to show you and
to your benefit to see our goods before buying.
Weatherproofs
FINKELSTEIN & SAPIRO
INCORPORATED
GROCERIES 21 - PHONES - OFFICE 74
*
* ttvr
-- ___ ,J
Y©^ ALASKA
\ ~1 STEAMSHIP CO.
This company reserves the right to change schedule of steamers
without notice.
i LEAVES SEATTLE
VICTORIA.7.JANUARY lOtii
NORTHWESTERN . JANUARY 16th
LEAVES CORDOVA
ALASKA . JANUARY 11th
VICTORIA . JANUARY 17th
The freighters Cordova, Latouche, Juneau, Valdez
and Ketchikan also make regular trips.
Tickets on aale at up-town office Alaska Steamship Bldg. Baggage
or freight will not to received at the deck later then one hour before
eelllng time.
*\ b. TRACY. 8 R. HEDGES,
Qenerel Agent _ Agent
—Next Steamer—
S. S. ADMIRAL EVANS
LEAVES SEATTLE . JANUARY 12th
DUE CORDOVA, WESTBOUfD . JANUARY 18th
SAILS SOUTH FROM CORDOVA . JANUARY 21st
CALIFORNIA ROUTE
Special Ocean Excursions from Seattle to Sunny California. $33 to
* San Fra"cisco and return, final limit of sale February 28th. $50 to
Los Angeles and return. $54 to San Diego and return. Three sail
■ mgs a week from Seattle to California points. Arrange your winter
outing through your local agent.
FOR FULL PARTICULARS APPLY
w. A, NOURSE, Agent. Empress Building.
DELIVERY OF COAL
On account of eight hour law, coal orders must be re
ceived before 1 p. m. to insure delivery same day. No
coal delivered after 5 p. m.
ALASKA TRANSFER
COMPANY
Office—Northern Hotel Building. Phone 8.5,
! NORTHERN MEAT MARKET I
is --——-—-t $
M holesale and Retail Dealers in
1 FRESH BEEF, pork, veal, mutton and PRO- li
I VISIONS
:|:i Particular Attention and Prompt Service Given to ordor* fr#m ”
Mining Camps, Roadhouses and Interior Point*
| haliBUT and Other Fresh Fish of all Kinds Will be I
RePt in Stock When Available.
| SMITH & GLASBRENNER, Props. |
&v>x-:v:vxv WSSKi&ii gsaj.
■■■' - — - - ---
—
Sixty Steam Heated Rooms Eletric Lighted
Hot and Cold Water in Every Room
With or Without Bath.
Cordo.va House
DOOLEY AND GREENIG
Headquarters for Railroad and Mining Men
Satisfaction Quran teed
Rates Reasonable
| Foos Gas Engines |
4 to 500 Horse Power
General Electric Motors
Roebling Tramways I
Pelton Water Wheels 1
Chicago Oil Engines and Compressors |
| HarmonMachineryCo.Ine j
Oxy-Acetylene Welding and Cutting
CORDOVA, ALASKA I