THE NENANA DAILY NEWS
Application made April 1, 1918, at the postoffice at Nenana, Alaska,
for en^r.as second class mail matter, under the Act of March 8, 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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Reading Notices, per line, per issue------ -26
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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-Dubli
eation of all news dispatches credited to it or not otherwise credited in
this paper and also all the local news published herein.
THE SPANISH SWINDLE.
The “Spanish Swindle” has shown
its head again, says an Associated
Press correspondent, writing from
Madrid. America has been inun
dated with letters from “a dying
prisoner, persecuted by political en
emies, only able to communicate
with the outside world through the
kindness of a prison chaplain.” The
writer of the letter claims relation
ship with the person addressed, and
explains that a valise containing
valuables has been concealed outside
of Spain, the contents to be left to
an only daughter and the American
relative.
Should the American reply, he
later receives a letter from the
"chaplain,” stating that the prisoner
is dead and that a certain sum is
required to release the prisoner’s
baggage, including the mysterious
valise. ’ Fortunately, whan the cor
respondence reaches this point the
“American relative” usually becomes
curious, and as a result the em
bassy in Madrid and the consulates
throughout Spain have a flood of
correspondence on the. subject.
In other cases, the victim takes
the bait without question and parts
with his money, or even worse still,
goes to the expense of traveling to
Spain to pay the required sum to
release the valise and claim his
share of the contents.
In the latter case the swindler is
generally brought to book, for the
Spanish police are on the lookout
and the presence of a stranger look
ing for lost relatives arouses their
suspicions.
Recently an American arrived in
Madrid with a certified check, to
claim his share of a prisoner’s es
tate. The Spanish police put him
in prison until he could be con
vinced that he had been the victim
of a clever swindler. It took all
the eloquence of an American con
sul to do this and induce the man
to return home.
FOREIGN EXCHANGE.
Three factors in the demoraliza
tion of foreign exchange, intelligi
ble to the average man, rise above
the complexities of the present situ
ation, according to oldtimers in Wall
Street. These are:
1. Allied and other nations of the
world owe the United States ap
proximately $1 i>,000,000,000;
2. American manufacturers hesi
tate, owing to peace treaty uncer
tainty, to accept big advance for
eign orders;
3. England’s virtual suspension of
gold exports outside the British
colonies is repulsing American trade.
“Just why the British pound
sterling, normally worth $4.8665 in
American gold, should have declined
so much since the war ended, and
what it all means, is an obscure
question,” said a New York financial
expert. “The present situation, Sir
George Baish’s apprehensions not
withstanding, is by no means hope
less. Prophecies of a ‘breakdown’
of credit are not well founded.
“America, the storehouse of the
world and now the world's banker,
is in the same position England was
in after the Napoleonic and Ameri
can Civil wars. She bought the
cheap securities of impoverished na
tions in a most prodigious manner
and thereby laid the foundation for
her future wealth. We must do
likewise, and do it within the next
two or three years, by which time
these abnormal conditions will have
passed.
“With the pound sterling 25 per-1
cent or more below par, England
can sell to the United States at a!
great advantage. We can sell Am- j
erican goods abroad only at a great
disadvantage, because we must add
the abnormal rate of exchange to!
the goods to get into foreign mar- j
kets. Premier Lloyd George recent-!
ly declared, when sterling was sell
ing at a discount of 15 percent,!
that the discount really represented!
a ‘protective tariff’ of 15 percent
on goods manufactured in England.
Certainly it is helping to keep Am
erican goods out of that country.
“The only remedy for this con
dition is for the United States to
buy foreign securities and extend
long time credit for merchandise.
We are in a strong economic posi
tion. The nations of Europe must
have our cotton and wheat, and,
| since they are so heavily indebted
j to us and we must extend them
[many more millions to put them on
i their feet, what is the difference
i
iwhether we buy their bonds or send
ithem our merchandise?
! “Everyone in Wall Street knows
| that if the peace treaty had been
j signed in Washingt on an interna
j tional exchange committee would
;have been organized long before
inow to s.tabilize exchange and bring
• about other necessary readjustments.
Never during the darkest days of
.the war, when the Germans were
almost at Paris, did British and
.French exchange go to where it is
:now. The British, during the war,
| by a system of credits with the
i United States, had sterling ‘pegged’
'to $4.52.
“The tension over and gold ex
ports curtailed, there was nothing
to keep it that close to parity. In
deed, unless the United States
loosens its purse strings, there are
London financial experts who say
the pound sterling will drop as low
as §2.50. That would be a calami
ty. It would be a two-edged sword
injuring both England and the Unit
ed States.
j “Europe is like a man on the ;
|verge of death due to starvation. ,
'When you find such an unfortu
nate you feed him gradually until
jthe stomach becomes accustomed ,
| to digesting food. Now our aim ;
jhas been all along to ‘stuff’ Europe ,
| with all kinds of American prod
ucts. We have piled up a trade
balance, according to former Sec- ,
retary of Commerce Redfield, ag
gregating §4,000,000,000 a year.
Europe’s financial system, like the
starved human stomach, has been
unable to assimilate it. Consequent-*
ly, we thus contribute to the de- '
moralization of foreign exchange :
and, incidentally, by inflation help
to lower the purchasing power of 1
our own dollar.
“When you consider, as Mr. Red
field points oat, that $4,000,000,000
represents American dollars at par
and must be paid by those who owe
it in depreciated currencies, making
it the equivalent of $5,000,000,000,
the result cannot be healthful to
future American trade and com
merce. Foreign buyers are going
into more favorable markets."
EXPLORER CALLS
SUGGESTED PLAN
FOOLISH NOTION
NEW YORK.—The movement to
modernize the Eskimo by providing
him with concrete huts in place of
his picturesque snow "igloos,” as
suggested by an official of the
United States bureau of fisheries,
would be the death of the denizen
of the icy North, in the opinion of
Vilhjalmur Stefansson, the Arctic
explorer. Not only is the Eskimo
as devoted to his age-long habita
tion as the South Sea islanders are
to their traditional garb of flower
garlands and fresh smiles; but he
is far healthier, warmer and more
comfortable in his domed mansion
of snow blocks than he could be in
any modern house of concrete.
The statement that the natives of
the Pribiloff islands were about to
discard their snow huts for modem
concrete huts, finding the gales of
Bering sea too srtrong for the for
mer, upon which the story of the
intended change of Eskimo habits
was based, Mr. Stefansson charac
terized as too silly for discussion.
The explorer, talking at his head
quarters at the National Geograph
ical Society building here, said that
the Pribiloff islanders had never
lived in snow' huts, but in wooden
huts, and that farther north, where
the natives do live in snow houses,
it would be next to impossible to
convert them to any other dwelling.
“Their igloo serves as a home
for two or three weeks. Then they
build a new one. Because it is
new, it is clean and sanitary. It is
as warm and comfortable as your
library. A candle gives as much
illumination as three electric lights,
because of the intense whiteness of
the snow'. The snow house will
stand under any conditions. In all,
the igloo is as comfortable a home
as a man could wish.
“The concrete hut, like the wood
en hut, must be uncomfortable and
unsanitary. Wherever the natives
have changed from the snow to the
j wooden home there has followed
[pneumonia and typhoid and a tre
[mendous increase in the death rate.
| "The Eskimos are a migratory
race. Contact with civilization has
affected them and they are dying
off. They must soon be extinct, anil
the concrete hut hastens that ex
tinction. The Eskimos are like the
ervnsios. Trv to ko.pn n n-vnsv in n
iouse of concrete and see what
lappens.
‘Still, the Eskimos might be eon
’erted to the concrete hut,” went
in Mr. Stefansson, smiling. “If it
lecomes the fashion. Should con
crete homes become fashionable, all
Eskimos would soon be living in
hem. Human nature is the same
he world over. Let someone in
roduce the wearing of furs, as a
ashion, in the South Sea islands,
ind the natives there would wear
rurs. Women wear furs in Cali
fornia and Florida, where the cli
nate is just as hot as on the South
Sea islands. So, you see, you never
ran tell.”
Frelh Groceries, Fancy and Sta
tic. Fowlar & Morris.
PINES WILL BE PAID
BY BUYING SECURITIES
SAN FRANCISCO—San Francis
:o police judges have agreed to a
proposal from officers of the war
oan organization here that convict
id persons hereafter may be com
pelled to buy War Savings Stamps
rather than be fined or sent to jail.
WANT ADS;
FOR SALE — Large second-hand
heater,* good as new. Cheap. In
quire News office. k22
FOR SALE—Two-room house, part
ly furnished, with lot. Desirable
locality. Inquire News office. tf
FOR SALE—Rug, Linoleum, Office
Desk and Chair, Rocker, Large
Mirror, Leather Couch, Electric (
Burner, I^arge Trunk and Kitchen
Cupboard. Inquire of Mrs. R. R. !
Myers.
FOR RENT—Cascade laundry. Fully'
equipped and with established in
come. No cash required. Inquire'
at Arctic.
WANTED—Position as cook, town
or camp, or hour work of any i
kind in private homes, cooking,
housework, or taking care of chil
dren. Inquire at the Arctic.
LOST—Pair of glasses in black case.
Reward for return to News office.
BUNCH OF KEYS found. Owner
can reeover by calling at News
office and paying for this adver- ■
tisement.
CHICAGO.—Charles A. Comiskey.
owner of the Chicago Americans,'
is laying plans to build up a strong
pitching staff with young material j
for the 1920 season. He has taken ;
his first step in this direction by:
signing Milton Steemgrafe, a semi-!
pro of Oakland, Cal. He is a
young right-hander, weighs 170
pounds and has been so successful!
that players and scouts strongly
urged Comiskey to get him.
—
COLUMBUS, Ohio. — Plans arc
under consideration to build a huge
athletic stadium costng several hun
dred thousand dollars at Ohio State
university. The present stadium
seats only 15,000 persons.
MINNEAPOLIS. — Although the
University of Minnesota football
team had one of the freakiest sea
sons in history, varsity followers
are sanguine over the prospects for
i 1920. Six veterans will be lost, but
Coach Williams will have a strong
squad of experienced men from
which to pick his first team.
CLEVELAND, O.—Dave Daven
port, the big right-handed pitcher
who quit the St. Louis Americans
last season, is through with the big
leagues. He intends to pitch for a
local semi-pro team. Davenport
will make his home here, as he has
entered the employ of a large cor
poration.
| -
Henana, Where Rail* ul Blvers Meet
FRESH STOCK
Groceries, Clothing and Footwear
SAVE TIME AND MONEY
All Necessities for Trail and Camp
GO TO
FOWLER & MORRIS
«k*«k~xk~x~x~x~X“X-m-*
We Strive to Please
EVERYTHING THE BEST
Tavern Cafe and Bakery
WM. RODIGKEIT : , Pr«pri.*or
WM. RODIGKEIT
•x-s-x-x-x-xk-x-xx-x-:-:^
A Thoroughly Modern Hotel
Tom Smith, Prop.
NE^ANA HOUSE
Just Gome In and Sit Down and Look Ont.
MRS. A. B. EASTERLY, ProprWtreM.
DR. R. R. MYERS
DENTIST
ARCTIC HOTEL
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.
ALEX FOWLER M. V. TYLER,
Secretary Dictator.
I _~
Department of tile Interior
Alaskan Engineering Commission
NOTICE
Passengers are required to pur
chase tickets before entering trains.
Tickets can be purchased from
the station agent, whose office is in
the employment office, on tJbe ground
floor of the General Office Building.
Alaskan Engineering Commission, or
at Camp 415 (North Nenana).
Tickets will be on sale at uny
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), fl>r
Fairbanks, Tuesdays and Fridays, at
1 p. m.
The following is the schedule be
tween North Nenana and Fairbanks,
jsubject 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
I el to Fairbanks must make thc:r
ovrn arrangements for reaching
North Nenana.
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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 connections, 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.
JUNEAU, ALASKA
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