THE NENANA DAILY NEWS
Application made April 1, 1918, at the postoffice at Nenana, Alaska,
for en:ry as second class mail matter, under the Act of March 3, 1879.
“WHERE RAIL AND RIVER MEET”
Published every afternoon except Sunday, by the Nenana Printing
Company, at First and B Streets, Nenana, Alaska.
Owned and Edited by
R. G. SOUTHWORTH ARTHUR G. BELL
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Six Months, if paid in Advance..... 9.00
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Reading Notices, per line, per issue.25
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AD CHANGES FOR TOMORROW MUST BE TURNED IN TODAY
BEFORE SIX.
MEMBER OF THE ASSOCIATED PRESS
The Associated Press is exclusively entitled to the use for re-publi
cation of all news dispatches credited to it or not otherwise credited in
this paper and also all the local news published herein.
OUTLOOK FOR THE YEAR.
The Harvard Committee on Eco
nomic Research, appointed by Har
vard university to make special
studies of economic conditions, has
just announced that the United
States may expect a check in the
upward movement of prices and of
business activity, which has been in
progress since last April, and per
haps a drop in prices. At the
present time, however, the commit
tee states, and on the basis of the
November and December figures, it
would be premature to conclude that
a violent recession in commodity!
prices is probable.
The committee was appointed by!
Har%'ard university in 1917 to assist1
in the solution of the fundamental j
economic problems which underlie
modern commerce and finance. It
provides statistical information to
federal reserve banks, for banking;
houses and large corporations, and I
includes among its publications a |
review of economic statistics which !
contains a price forecaster.
The committee bases its present
forecast upon statistical material
representing the decline in the New
York bank clearings, the volume o:
sales on the New York stock ex
change, the prices of industrial
stocks, and analysis of tlie banking
and trade situation, domestic and
foreign.
Professor Warren M. Persons,
editor of the Statistical Service pub
lished by the committee, says that
the statistics collected by the com
mittee indicate that the farmers will
continue to prosper in 1020 and that
the prosperity of this industry will
contribute to that of ail others dr.r
ing: the coming- year.
The beginning of t. • new year,
he declares, finds American manu
facturing industries in a sound and
prosperous condition.
“The tightness of the money
market and the announced policy,
already inaugurated, of the Federal
Reserve board of increasing discount
rates have caused many observers
to have grave misgivings for the
financial outlook for 1920,” he says.
“Instead of causing alarm, the ac
tion of the Federal Reserve board
should in fact he regarded as a
favorable omen. High interest rates
are the main reliance for protecting
bank reserves, and they spell not
disaster, but safety, provided they
are applied in time. Control of in
terest rates is the safe and effective
way of dealing with such a situa
tion as we now face, and it is to be
hoped that nothing—not even the
needs of the United States treasury
—-will divert the reserve board from
pui suing the only sane and con
servative course.
“The outlook for 1920 Ls for a
continuance of a large demand for
credit that will not be supplied ex
cept at increasing rates. High rates
for bank loans will eventually tend
to check the upward movement of
commodity prices as they have al
ready checked the upward trend of
security prices and the volume of
speculation on the New York Ssoek
exchange.”
Of the bplief of some business
men that the whole economic situa
ition now is abnormal, the commit
ter says: “Abnormal it certainly
is in many respects. Prices are
very high; there has been great ex
pansion of bank credit; extravagant
expenditure, both public and private,
is found on every- hand; and our
abnormally large export trade is
likely to suffer curtailment. * * * A
year ago many- observers expected
a violent drop in prices and a crisis
in 1919. Today there seems to be
less reason for expecting such de
velopments in 1920.”
The Harvard Committee on Eeo
nomis Research is planning to pub
lish this year monographs embody
ing special studies of the principal
economic conditions and forces that
will affect prices and trade through
out the world during the next five
years. The committee also will
study and classify the annual sta
tistics of industrial commerce and
finance and will construct trade in
dices based upon them. The com
mittee is composed of university
professors arid men of affairs, with
Charles .1. Bullock, professor of
economics at Harvard, as its chair
man.
WAR OF TOMORROW.
There would be no more reason
to forbid the use of gas than to
prohibit the employment of rifles
in the next war, says Major-Genera!
Sir I.ouis .Jackson of the English
royal engineers, formerly in charge
of otfensive gas production. There
were, he declared, gases which killed
painlessly, and it was easy to con
ceive cases in which it would be
more humane to use gas than ex
plosive shells. It might be possible
to come to some arrangement where
by no gas should be used that
caused unnecessary suffering.
In a recent address at London
before some of the leading lights in
the military world he stated that
the world was on the eve of the
most extensive modifications in the
art of war known to history, and
' the changes made in the recent war
were only the beginning. It was
! necessary to develop new arms w'th
the knowledge that the nation which
best did so would have a great ad
vantage in the next war.
The tanks were not likely to be
used in future wars, but they had
shown that mechanical transport was
not dependent on highways, and
.that therefore the whole transport
i of an army could be carried by
vehicles with caterpillar wheels inde
pendently of the roads.
Air fighting would be enormously
developed. The short rifle would be
replaced by a short carbine which
would be accurate up to a range
!of 500 yards.
Artillery would be much more
mobile, and if they were to allo>v
jfor an advance of 12 miles a day,
the guns must be capable of an ef
fective barrage up to 18,000 yards.
He thought that a short 4:2 gun
with an accurate ranee of 12,000
yards and a long 4:2 gun with a
range of 20,000 yards might meet
the requirements of the future.
He said that the futuVe soldier
must be absolutely different from
his predecessor. The days had gone
j by when initiative for considered i
i not only unnecessary, but dangerous.
' In addition to his rifle, the soldier
should be able to handle a Lewis or
machine-gun and to help the ar
tillery. He should know something
of explosives, have a knowledge of
fuses, understand signaling, and Oe
able to handle a ground wireless
set. He should receive intensive
training.
Suits mended, pressed and cleaned
Underwear renovated Old furs re
modeled, bought and sold. Goods
called for and delivered. Telephone
32 Green.
D’ORSAY TAILOR SHOP
Third and A Streets.
Nenana, the Gateway to McKinley
national Park.
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Right
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NOTICE OF FORFEITURE.
To .James McLoughiin, Dan Sul
livan, Pat Fleming,1 J. McNeil, Mar
tin Kelly, George Chambers, James
Daily and John Donnelly, your heirs,
! executors, administrators and assigns
|and all persons claiming an interest
through either of you:
You and each of you are hereby
notified that we, the undersigned,
iyour co-owners, have expended in
| labor and improvements the sum of
not less than one hundred dollars
($100.00) for each of the years of
1014, 1015, 1910, and certain other
sums for the years 1017, 1918 and
1910, upon the following placer min
ing claim, to-wit: The Raven Asso
ciation, situated on Monument creek,
! a tributary of the Salatna river,
the said claim being situated in the
Nulato Recording Precinct, Terri-1
cory of Alaska; lhat such labor was
performed and expense incurred on
said claim for the purpose of de
veloping said claim and constitutes
the annual assessment work upon
said claim for the years 1914, 1915.
1916, 1917, 1918 and 1919, in com
pliance with section 2324 of the Re
vised Statutes of the United States,
and subsequent legislation.
You and each of you are further
(notified that if at the expiration of
ninety (90) days after the last pub
lication of this notice you fail or
refuse to contribute your proportion
!of such expenditure, your interest in
; said claim will become the property
Jof the undersigned your co-owners
! under section 2324, Rexised Statutes
; of the United States.
PATRICK SAVAGE,
PATRICK POWERS,
. Co-Owners.
First publication Feb. 4, 1920.
Last publication April 28, 1920.
NOTICE OF MARSHAL’S SALE.
United States of America, Fourth
Division of Alaska, ss:
Public notice is hereby given, that
by virtue of a writ of Fieri Facias
(or execution), dated February' 9th,
A. D. 1920, issued out of the Dis
trict Court of the United States for
the Fourth Division of Alaska, on a
WANT ADS
TWO TENTS FOR SALE —One lOx
12. and one 12x14. Inquire News.
THE DWYER HOME FOR SALE. 1
Terms reasonable. tf j
TWO GOOD DOGS for sale. Inquire
for S. E. Gardner, at Cooneys, j
WELL-FURNISHED two room cabin, I
with (rood water and large cache, |
for sale cheap. Inquire News!
office. tf j
WANTED—Position by woman as ■
cook in camp. Inquire at News !
office. ;
WANTED TO BUY--Two or three;
good dogs. Must be cheap. In- j
quire at Terminal.
FOUND—Bunch of keys. Inquire ;
at Central Cafe.
FOR RENT—Suite of three rooms, j
suitable for light housekeeping,]
w ith heat and light and hot and'
cold water in connection. Also'
office rooms, at The Arctic.
FOR SALE—Two-room house, part-i
ly furnished, with lot. Desirable
locality. Inquire News office. tf j
FOR RENT—Cascade laundry. Fully]
equipped and with established in
come. No cash required. Inquire i
at Arctic.
Pioneers of Alaska
Nenana Igloo No. 17
MEETS AT UNION HALL
FIRST AND THIRD MONDAYS
OF MONTH, AT 8:00 P. M.
Visiting Members Always
Welcome.
Frank Rourke, Martin Nash,
Secretary. President.
i
judgment rendered in said Court,
on the 31st day of January, A. D. :
1920, in favor of VV. H. Gilcher and !
against N'enana Labor Union (an un
incorporated society et al.), 1 have, j
on this 20th day of February, A. D. 1
1920, levied upon the following de-1
scribed real estate, situated in the:
Xcnana Mining and Recording Dis- j
trict, Fourth Division, Territory of
Alaska, to-wit:
All the right, title and interest of
the above named defendant, Nenana ;
Labor Union (an unincorporated so- ;
ciety) in and to the following de
scribed real estate, to-wit: All of Lot j
Xo. 4, Block No. 2, and the south fif
teen feet of Lot No. 3, Block Xo. 2, J
and two story-frame building thereon,!
in the Townsite of Nenana, Alaska,
and that I will, accordingly, offer
said real estate for sale, at public
vendue to the highest and best bid
der, for cash, on the 26th day of
March, A. D. 1920, at two o'clock
P. M., at the front door of the
Marshal’s Office in Nenana, Alaska.
Dated, Nenana, Alaska, February
20th, A. D. 1920.
L. T. ERWIN,
U. S. Marshal, Fourth Division of j
Alaska.
By JAMES HAGAN,
JOHN A. CLARK, Deputy.
Plaintiff’s Attorney.
Date of first publication, Febru
ary 21, 1920.
Date of last publication, March
20, 1920.
*SSS500(*HS»^^
GARDEN and FLOWER
JUST ARRIVED OVER TRAIL
FOWLER & MORRIS
^ .. ^ ♦
We Strive to Please I
! EVERYTHING THE BEST !
% ---— X
| Tavern Cafe and Bakery j
WM. RODIGKEIT
Proprietor
x~xk-x-xk-xk~xk~x~x~x-<~x~x~x*<~x~x~x~x-x~x~x~x-x~x~x-*
NENANA HOUSE
Large Barn-In Connection-Dog Kennels
MRS. A. B. EAS FERL.Y, Proprietress.
J
NENANA LODGE No. 1193 |
L 0. 0. M.
MEETS AT MOOSE HALL;
Fourth and B Streets
Second and Fourth Mondays*
At 8:00 P. M.
AJLEX FOWLER M. V. TYLER,
Secretary Dictator.
Dr. J. R. 80WEN
DENTIST
Prices Most Reasonable
THE BOWEN BUILDING
Department of the Interior
Alaskan Engineering Commission
NOTICE
Passengers are required to pur
chase tickets before entering trains.
Tickets can bo purchased from
the station agent, whose office is in
th** employment office, on the ground
floor of the General Office Building.
Alaskan Engineering Commission, or
at Camp 415 (North Nenana).
Tickets will be on saie at any
time during office hours, and can be
purchased in sufficient time before
the departure of the trains.
Regular trains for the south leave
the foot of A street on Wednesdays
and Saturdays at 8 a. m., and from
Camp 415 (North Nenana), for
Fairbanks, Tuesdays and Fridays, at
1 p. m.
The following is the schedule be
tween North Nenana and Fairbanks,
subject to change without notice:
Leave Fairbanks at 7:00 a. m ;
arrive North Nenana, 11:30 a. m
Leave North Nenana 1:00 p. m :
arrive Fairbanks, 5:30 p. m.
No tickets will be sold crossing
the river. Those intending to trav
el to Fairbanks must make their
own arrangements for reaching
North Nenana.
Trappers and Traders of Alaska
SELL YOUR FURS TO A HOME INDUSTRY. WE GUARANTEE
YOU HIGHER PRICES THAN OUTSIDE
CONCERNS WILL PAY.
During the last season we conducted an advertising campaign
throughout the North and are prepared to send you the names of
people in all sections of Alaska and the Yukon who will verify our
statements. ,
Our excellent Eastern coanections, and the tremendous amount
of mail order business we are receiving from all parts of the
States for furs made to order enables us to turn our stock quickly
at a reasonable profit, but we must*have fur, for which we guar
antee top prices.
Make us a trial shipment. If our price does not suit you, the
goods will be returned charges prepaid.
WE MAKE FURS TO ORDER
at more 'reasonable rates than can be obtained Outside. At present
we are working three operators, and need others. If you are an
operator and finisher, and want a good year-around job, com
municate with us.
CHAS. GOLDSTEIN & CO.
if JUNEAU, ALASKA
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