VOLUME ONE. NUMBER 237. CORDOVA, ALASKA,, TUESDAY, SEPTEMBER 14, 1915. ~ PRICE TEN CENTS.
E
’ AMERICAN BANKERS STANDING PAT FOR GOOD COLLATERAL
WORKABLE LEASE
v L
SOON READ!
“Secretary Lane is making every
effort to evolve a thoroughly practica
ble and workable form of lease for the
coal lands of Alaska,” said George W.
Evans, who has just returned from the
Bering river fields where he has made
a thorough investigation of condi-1
tions for the government. “And this
lease will be ready early in November,
when the general land office should be
willing to accept offers for leasing
units.”
This direct statement coming from
Mr. Evans is significant. He is gen
erally recognized as a coal expert and
to him was entrusted the work of mak
ing a detailed examination of the
Matanuska field, in 1913, when the j
navy expedition mined a quantity of
that coal for commecial purposes. This J
is also Mr. Evans' sixth visit to the
Bering field and the quality of coal i
he found there compares favorably
with any produced in the states.
During the past summer Mr. Evans
devoted most of his time to investi
gating Canyon creek and Shepard
creek, where the famous Cunningham
and English company’s claims are lo
cated. On his other trips he visited
the Eastern and Western ends of the
Bering feld and is throughly familiar
with conditions there. On his recent
trip Mr. Evans studied the field with I
reference iu newiy rim BeeLfUfttti mien,
making detailed observations of the!
coal outcrop and the geological struc- j
ture with reference to sectional lines.!
This was done with a view of separat
ing the field into workable units and
trying to balance each unit so that
one unit would not lia^e any great
advantage over another!
The smallest unit is S20 acres and
from that up to four square miles,
ranging from a half section to
four sections. Mr. Evans will leave
for the states tonight as he is anxious
to get his report, with maps, to
Washington, at the earliest possible
date. He feels that he will be able to J
complete his work so as to have it in
the hands of Secretary Lane by No-1
vember 15, at the latest.
There is also a force of about twenty ,
men in the Bering field, under the j
supervision of T. A. Haigh, of the |
general land office, sub-dividing the
field into sections and townships, and
they will shortly complete their la
bors.
-:o:
F. B. Tracy returned from Anchor
age on the Alameda, but will go back
to the new railroad terminal on the
next boat. He is badly crippled with
rheumatism.
—;o:—
Capt. Glenn Edgerton, of the Alas
ka Road Commission, accompanied by
his wife, were in town today on their
way to Texas City, where Capt. Ed
gerton will join his regiment.
Rev. J. H. Condit, of Juneau, Mis
sionary Superintendent of the Pres
byterian church for Alaska, spent the
day in Cordova, on his way home
from Anchorage.
— :o: —
The mail for the steamer Alameda
closes tonight at 8 o’clock.
Read the Times, Daily and weekly
and send it to your friends.
NEW YORK, Sept. 14—The Anglo-French Financial Com
mission is still in this city conferring with leading American
bankers, and financial experts, and have not yet given up hope of
realizing their desires of floating a huge loan here for the
purpose of fixing the exchange situation, and so that their
countries will not have to pay excessive prices for tin* goods
now being bought in the United States.
They plan to borrow a billion dollars in this country with
out collateral of any sort, except the insurance of government
notes of England and France. The bankers here, expected to
loan the money, taking as security, the American bonds and
stocks held by European owners. Their idea of the proper wav
to get the billion was for the loan to be secured dollar for dollar
by the depositing of these securities with the lending banks.
The Commission will find that its task is tremendously dif
ficult as they failed to realize the American point of view on the
matter, naturally believing that the loan would be forthcoming
rather than the American businessmen would face the possibiltv
of the discontinuance of the buying of large quantities of food
stuffs and other materials that is now being indulged in. The
New York bankers are sticking out for the collateral and the
point has been raised that if a straight loan on the credits of
the governments of England and France was made it would be a
violation of the strict interpretation of the neutrality of the
United States.
Tf this issuance of a straight commercial loan on the bond's
of the European governments is prevented by the desire of the
government to preserve its neutrality, and the bankers will fol
low the wishes of the administration in the matter, so that the
commission will fail to float the desired loan, a wholesale cur
tailment of American purchases will follow. England and
France will stop buying all supplies here with the exception of
war munitions, which they cannot get anywhere else in sufficient
quantities.
Everything with this one exception which is now being
bought here can be obtained in other places. Wheat, cotton
and meats can be bought in large quantities in South America
and other points, and the remarkable exports of the United
States, which have been growing steadily the past months, will
dwindle alarmingly. Because of this the European Financial
Commission believe that they have the upper hand as they do
not figure that the American bankers will allow such a catas
trophe which would spell ruin in large letters for many Ameri
can farmers and cattle men to happen. The situation is an in
teresting one, and presents many difficulties to be solved before
a satisfactory solution can be arrived at.
• W ASHINGTON, Sept. 14—The government has decided to
take no action officially in regard to the attempt being made by
the Anglo-French Financial Commission to raise a loan of a bill
ion dollars in this country. Much pressure has been brought
on the administration to have the matter of the loan disap
proved, feeling if such were done the financial men in New York
wquld respect the wishes of the president. It has been decided
by ilson and his advisers neither to approve or disapprove the
loan. ' .
MOST DISAVOW ATTACK ON STR. ARABIC
WASHINGTON, Kept. 14—High government oflicials in
this city are saying privately that the administration is not yet
willing to even discuss with Germany the question of arbitra
tion of the Arabic torpedoing. • The question is a knotty one
for \\ ilson and his advisers to unravel, as they have determined
not to yield the principle at issue, and yet are desirous of reach- i
ing an amicable settlement of tin* whole controversy. The ques t
tion of what would be a proper indemnity to pay for the loss of
the American lives on tin* Arabic, the government is willing to
submit to arbitration. Lansing and Wilson are holding fro
quent conferences on the matter, and every effort is being made
to reach a conclusion as tin* administration wishes to satisfy
the people that no unnecessary delay will be allowed.
WASmNGTON, Sept. 14-—It was stated authoritatively -
-
today that the American government wishes German to dis
avow the attack made by her submarine on the Arabic. If|
Berlin will go to this extent, then America may submit the!
question of indemnity to arbitration, tint nothing will be suit
mitted for settlement unless a disavowal is made. Unless this
is done, it is almost certain that a breach between the two coun-l
tries will appear. The views of Wilson and his advisers have
been submitted to the German foreign office by the embassy
here, and a reply to this suggestion will remain in status quo. I
'I'he views of the president concerning the Arabic have been im
pressed upon Von Bernstorff by the Secretary of the State, and
the officials of the government are hopeful that Berlin will I
disavow the attack, when the facts in the possession of the
State Department are made known to the heads of the German
government.
*
Teutons Battering Away at the Russians.
LONDON, Sept. 14—Hindenberg’s offensive near Dvinsk,
the city which is the junction point or the Vilna and Petrograd
railroads, lias again assumed serious proportions, and is now
strongly menacing the line of communications with Petrograd.
The Russians are strongly placed here, but the Teutonsn forces
are battering away at their positions with heavy guns, and a
veritable hail of artillery fire is falling upon the Russians. In
other sections of the eastern front the comprehensive Russian
successes have caused the Russian general staff to regard the
latest German danger rather calmly. Military experts in this
city state that the German campaign in Courland has been verv
costly in both men and supplies, and is more than likely to fail
if Russia manages to continue her recently inaugurated offen
sive at the other extreme of the long front.
Turks Preparing to Desert Dardanelles Straits.
LONDON, Sept. 14—The Turkish troops along the Aisiatic
side of the Dardanelles straits are setting fire to and destroying
all villages. There is a possibility that they are preparing to
abandon their positions here, and leave the straits in the hands
of the allies. All the shore batteries on the Aisatic side, have
been subjected to a heavy bombardment from the big guns of the
allied fleet, and seem to have been thoroughly silenced as the re
turn fire slackened away to almost nothing.
British Losses are Placed at 382,000.
LONDON, Sept. 14—The war office issued an official an
nouncement today along with a new list of killed and wounded,
stating that the total British losses to date in killed, wounded'
and missing, as far as could be figured, amounted to 382,000.
This includes both officers and men. The number killed was
not seperately stated.
Another Fruitless Zeppelin Attack.
LONDON, Sept. 14—Another Zeppelin raid was made on
the east coast of England' last night which was as abortive in its
effects as tin* one the night before. There were no deaths and
no casualities of any kind' although many bombs were dropped.
Most ot the missiles fell in the open fields and no damage to
property of any nature has been reported.
166 Casualties in Five Aircraft Raids.
LONDON, Sept. 14—The London Star has compiled the‘
statistics of the killed and wounded fro mthe five Zeppelin
raids which have harassed the east coast of England the past:
week. The paper says that the total casulities amounted to:
Kid, most ot which ocurred in the third raid', and none of which I
occurred in the last two. Of this number, the greater portion
were wounded, the deaths being about forty. With few excep
tions the killed were all civilians, and largely women and chil
dren.
Germans Claim They Did Not Sink Hesperian. «
BERLIN, Sept. 14—The foreign office delivered a note to
j Ambassador Gerard today dealing with the reputed' attack on
the Hesperian by a German submarine. Inquiries had been
directed to German on the matter by the United States, as the
English version made the attack seem like a violation of the re
cent assurances given to America by Germany on the submarine
warfare. In the note today the government said that is was
satisfied that the Hesperian was not attacked bv a German sub
marine, and must therefore have struck a mine.
Conscription Still Being Considered in England.
LONDON, Sept. 14—Premier Herbert Asquith, admitted,’
today that the matter of conscription was being seriously con-'1
sidered by the cabinet, and it is felt from what the premier fi t
drop, that the majority of the cabinet is in favor of such an
action, but are only waiting in order to properly judge the ^
temper ot the country on the matter, as considerable opposition
to conscription has developed in labor union circles the British
Trade Congress voting overwhelmingly againit it.
Fire Did Not Destroy Steamer Santa Ana. ‘
NEW \()RK, Sept. 14—All fears as to the safety of the
steamer Santa Ana which caught afire at sea while bound from t
this Naples with 1600 Italian reservists have been removed by ,
further wireless dipatches received from the ship today. The i
fire has been extinguished, and the ship is proceeding on her
voyage under the escort of English men of war. There were no
deaths and no injuries on the boat as a result of the fire. i
TAKING MOVIES
IN ALL PARTS
ALASKA
C. C. Garisford, president and gen
eral manager of the Silver Fox Films,
of the Moose Bay Fur and Trading
Company, of Chicago, arrived in Cor
dova this morning, accompanied by
three photographers and they expect
to remain here for some time, taking
educational films of Alaska. This
work has been in progress for two
years, and is wide in its scope and
covers practically every section of the
northiand.
They are taking pictures of all the
mining interests, including the famous
Bonanza and Jumbo mines at Kenne
cott, the gold quartz properties at
Juneau and* in fact every mine of any
note in Alaska. A number of films
are taken of each operation, showing
how the ore is taken out of the mines
and the process it goes through in
the mill. .
Scenes have been taken along the
Copper River & Northwestern rail
way, including the glaciers and other
points of interest. The same has been
done at Anchorage, where the gov
ernment road is being built.
The fishing industry is shown in all
of its phases. They have taken pic
tures of the canneries, hatcheries and
show how the fish is treated from the
time they are caught until served on
the table. Street scenes have also
been taken in all of the towns, and the
panoramic views of the country will
give tourists an excellent idea of the
scenery and conditions, which will un
doubtedly provq one of the greatest
aHvartlQOmonla Alaalrn bnn AnAH AA
joyed.
This collection of views is recog
nized as one of the best that has ever
been taken and it is the intention to
show it on the screens throughout the
United States.
Mr. Garisford is making Juneau his
headquarters for Southeastern Alaska
and Cordova his headquarters for
Southwestern Alaska.
-:o:-—
THREE ATORNEYS ARE
ADMITTED IN THE THIRD
The office of Secretary of Alaska
las been notified that three new at
:orneys had been admitted to practice
Hefore the courts of Alaska. They
ill r-6ide at Anchorage, and they were
ill admitted in the Third Division. The
here admitted were Robert M. Ais
rop, Royden D. Chase, and John Leo
Javey.
-:o.—~———
J. \V. Forrester and wifp came down
rom Chitina on last night's train.
—:o:—
J. F. R. Appleby and wife have re
urned from Valdez, where the form
r was employed with the Alaska Road
"ommission.
Oscar Myers is back from an ex
ended trip to Seward and Anchorage.
Felix Brown and W. A. Ashley, form
r Nomeites, who are operating in the
loose Pass country, are passengers
it the Alameda for the states.
-—:o: —
The steamer Alameda arrived from
he westward early, this morning and
rill remain in port until midnight.
Hading sixteen cars of copper ore.
Rev. ,J. L. McBride returned this
norning from a trip to Anchorage.