THE NENANA DAILY NEWS
Published every afternoon except Sunday, by the Nenana Printing
Company, at First and B Streets, Nenana, Alaska.
R. G. Southworth .Editor and Manager
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THIRD LOAN BONDS
Third Loan Bonds are an obligation of the United States of
America—your own country—the highest grade of security in
the world, always the favored investment of the wealthy, now
issued in small denominations and available on equal terms to all.
Bonds dated May 9, 1918.
Interest paid twice a year, on May 9th and November 9th at
the rate of 4(4 per cent, per annum.
Principal payable September 15, 1928.
Free from all federal, state or local taxes, both as to principal
and interest, except (a) estate or inheritance taxes, and (b)
United States graduated additional income taxes (commonly known
as surtaxes) and excess profits and war-profits taxes. The inter
est on an amount of bonds and certificates authorized by said
act, the principal of which does not exceed in the aggregate $5000,
owned by any individual, partnership, association, or corporation,
shall be exempt from the taxes provided for in clause (b) above.
Bonds may be purchased in denominations of: Coupon Bonds,
$50, $100 $500, and $1,000. Registered Bonds, $100, 500. $1000
$10,000, $50,000 and $100,000.
Coupon bonds are payable to bearer, and have all the interest
“coupons” attached and are sold and transferred by simple de
livery.
Registered bonds are made out in the name of the purchaser,
registered at the treasury department; and the interest is paid
smi-annually by check from Washington.
If sold or transferred they must be returned to the treasury
department and new bonds issued in their stead.
Why You Should Buy Liberty Bonds:
1st. Because it is your patriotic* duty.
2nd. Because they are the safest investment in the world;
will bring you*a regular income of 4% per cent; are accepted by
banks as security for loans, and may be converted into cash more
readily than any other form of property.
3rd. Because bonds can be' bought for cash at par, without
any premium, or on easy terms.
Terms of Payment:
Cash
Payment in full of any subscription for an amount of bonds
at face value, without interest, may be made with the application,
if the subscriber prefers, in which case prompt delivery of a bond
or bonds dated and bearing interest from May 9, 1918, will be made.
On Installments.
5 per cent with application.
20 per cent on May 28, 1918.
35 per cent on July 18, 1918.
40 per cent on August 15, 1918, (with interest at 414 per
cent on the deferred installments.
Back Up Your Government In Its Hour of Need
THE BOUGHT AND FOUGHT
The history books tell more about Washington’s army at
Valley Forge than about how the money was raised in 1776, but
behind Washington’s army the sturdy group of patriots in the
thirteen original states dug deep into their pocketbooks to finance
the fight for Liberty.
To the original group of states the problem of finances was
difficult. They had not yet developed a strong federal govern
ment and could not levy federal taxes nor issue federal bonds like
the Liberty Bonds of today. Yet up to November, 1779, they
raised a total of $451,077,556 through issuing bills of credit and
on notes put out by the individual states.
The first bonds authorized by Congress were 4 per cent bonds
issued in October, 1776. By 1780 subscriptions to various issues
of bonds totaled $63,280,000. Holland and France loaned the
thirteen states about $12,000,000 during the war.
Today the credit of the United States is unquestioned, and
Liberty Bonds are much better security than the notes and bonds
issued by the newly formed government of 1776. The need for
money is as great, but any one who buys a Liberty Bond today
is sure that his money is safe while it fights again for Liberty.
The colonists had no such attraction when they invested their
money.
NO TIME FOR SITTING BY
I (By George Ade, Amercan Humorist.)
A house was burning. All of the neighbors, except one, were
trying to save the building. He sat on the fence. Someone sug
gested that he should help.
“They don’t need me,’’ he heplied. “ The others are so
blamed energetic and efficient that probably the fire will be put
■out without me turning a hand.”
A ship was sinking. The captain ordered all hands to the
pumps. “Keep the pumps going and I will land you safely,” was
the captain’s assurance.
All of the sailors except one sprang to the pumps. This one
sat on a coil of rope and smoked his pipe. “Do you want to
drown?” asked a shipmate.
“I won’t drown," was the cool reply. “Not while you boys
are doing my share of the work. I know you’ve got to keep the
pumps going whether I help or not.”
Once a great republic, in real need of the loyal assistance of
every citizen, called for subscriptions to a bond issue of enormous
dimensions.
One kind of man said: “I don’t believe I’ll subscribe. The
country is full of fellows that are all keyed up and patriotic and
when it comes to a showdown, they’ll make a few sacrifices and
take care of my part of the subscription, rather than see the enter
prise flatten out and fail.”
Don’t perch on the fence when your neighbor’s house is burning.
Don’t sit on a coil of rope when the ship is sinking.
Don’t fail to subscribe for the third issue of Liberty Loan Bonds.
FOOD SHIPPED TO
ALLIES AMOUNTS
TO URGE SUM
From July 1, 1914, to January 1,
1918, the United States exported to
the European allies sufficient food
to furnish complete yearly rations
for 57,100, 933 people. In addition,
there was a surplus of protein cap
able of supplying this portion of the
diet for 22,194,570 additional men.
These figures were compiled bv the
United States Food Administration.
Russia received only a small pro
tion of the enormous total. Statis
tics compiled by the food administra
tion show that the three and one
half years’ exports in terms of untri
tive units totaled 08,159,934,000.000
calories. Of this amount only 52,
017.000. 000 calories went to Russia,
England, France and Italy received
68.107.917.000. 000 calories—more
than 99 per cent of the total.
United Kingdom Got Mott
Of nearly all commodities, by far
the largest amounts have gone to the
United Kingdom. In the case of
oats, olemargarine, and corn oil cake
and meal the amount exported to
France has exceeded that of the
other countries, while Italy has been
the largest recipient of corn oil and
syrup.
The total export of wheat and
wheat flour to the three principal
allies is equivalent to about 384,
000,000 bushels, or an average of
about 110,000,000 bushels per year.
The pork exports for the three and
a half years amounted to almost
j 2,000,000,000 pounds. This includes
I all pork products—bacon, hams, lard,
| shoulders, neutral lard, fresh and
pickled pork.
The sugar exports to the three
principal allies show a yearly aver
age of about 648,000,000 pounds.
Grains and wheat maintained a
steady lead. The three and a half
years' exports of wheat (grain and
flour) totaled 383,946,557 bushels.
Oots ran second, with a total of
212,751.197 bushels; corn, third, 24,
310,299 bushels; rye next, 3,618,662
bushels.
During the three and a half year?
the United Kingdom received enough
j food to furnish complete rations foi
,27,334,441 people for one year. This
| would supply rations for a yearly
! average of almost 8,000,000 people
I In addition to this there was a large
excess of fats and also an excess
of protein.
Amount Sent to France.
j France received sufficient food tc
j furnish complete rations for about
15,000,000 people—a little more thar
one-half the number supplied ir
England. Italy received about one
fourth as much as went to Englarn:
—complete rations for about 7,250,
000 men. All three received materia
excesses of fats and protein.
The exports of fresh beef amount
ed to 443,484,400 pounds in the
three and a half years. The buttei
exports to the three principal allies
and Russia showed a grand total ol
^ 28,998,891 pounds. The cheese ex
! ports were much greater, with f
| total of 103,465,426 pounds. 01
I condensed milk there was a tota
| export of 126,356,679 pounds. Then
were large exports of cottonseed ant
linseed and other oil products anc
by-products to be used for feeding
cattle. They showed a total of 611,
656, 154 pounds.
There was an increase of $2.5(
in the first class passenger rate fron
Cordova to Seattle, effective April 1
The steerage rate is unchanged.
George R. Goshow, formerly dep
uty marshal on the Alaska coast
and afterward a resident of Chisanj
and Chitina, has enlisted for servict
in the army. He was detailed foi
training as an officer in the tan!
service and is now at Camp Meade
near Annopolis, Md.
Chris Tjosevig, the well knowr
mining man, who sold his interest:
last year for a good sum, has pur
chased the Clark-Graham cannerj
on Eyak creek and will operate I
this year. Mr. Tjosevig’s property
is a one-line plant at the presem
time but he will add another line oJ
machinery and make a number ol
improvements before the fishing sea
son opens.
ARE NOW READY
The use of immigrant quarters at
Ellis Island by the army and navj
!
1 for wounded soldiers and sailors was
assumed March 7, when it was an
nounced by the department of laboi
that a definite agreement had beer
signed. Negotiations between the
| three departments have been pend
| ing for several months, and the de
lay has been caused by the unwill
ingness of the department of laboi
to turn over its property to the army
' and navy while there was any doubl
| as to the responsibilities for damage
I under a joint occupancy.
Separate Agreements Made
The problem has been solved b>
abandoning the plan for joint occu
pancy and executing separate agree
i ments with each department. The
' war needs of the immigration service
are taken care of by the retentior
of parts of the property and the use
of the various steamship docks ir
New York harbor for immigratior
inspection.
It is possible for the immigratior
bureau to make way for army need
because of the drop in immigration
I Only 60,000 per annum now pas:
through Ellis Island. This is les:
than one-tenth of the former number
Uses of the Space
It is the intention of the navy
department to use its space for the
accommodation of several thousam
sailors pending their assignment t<
ships, and the war department ex
pects to use its space as temporal-;
quarters for wounded men before re
moving them to permanent hospitals
Part of the property has already
been occupied by the military branch
es of the government, and the re
mainder of the plant will be for
mally turned over to its new tenant
immediately.
ORDNANCE BASE
FOR U.S. TROOPS
NOW IN FRANCE
An ordnance base that will cos
approximately $25,000,000 is unde
construction in France and gooi
progress in building is reported. Th<
ordnance base will include approxi
mately 20 large storehouses, 12 sho]
buildings, 100 smaller shops am
magazines and machine tool equip
ment costing about $5,000,000.
Gun Repair Plant
The project includes a gun-repai
plant equipped to reline more thai
800 guns a month; a carriage re
pair plant of large capacity; a moto
, vehicle repair plant, capable of over
hauling more than 1,200 vehicles pe
■ month; a small arms repair plan
with a capacity for repair of som
58,000 small arms and machine gun
• per month; a large shop for the re
pair of horse and infantry equipment
and a reloading plant capable of re
loading about 100,000 artillery cart
ridges cases per day.
There will be ,in addition, forges
carpenter shops, and other auxiliar;
buildings.
Much of the construction materia
and equipment has arrived in Franc
and actual construction was begu:
quite a while ago. Practically all o
the essential materials have bee:
contracted for an priorty orders is
sued by the War Industries boar
have expedited deliveries.
It is estimated that for the main
tenance of the ordnance base ap
proximately 450 officers and 16,00:
men will be required. Some diffi
culty was experienced in obtainini
! the initial units trained in manu
facturing industries.
When it was found impracticabl
i to obtain enlisted men in large nun
I bers and of the required qualifies
1 tions from the selective draft arm>
! a recruiting campaign was institute*
by the Ordnance Base division an*
; by the first of the year 8,000 me:
had been enlisted for this specia
' work. The training of technics
troops for service with the ordnanc
base has proceeded satisfactorily an*
\ 1
NELSON’S
SELLING OUT SALE
SHOES AND GENT’S
FURNISHINGS
Remaining Stock To Go At Cost
i both from the recruited forces and f
i I
the selected draft personnel men will j
be obtained to operate the immense ' t
I
George J. Jenkins, who resigned
; his position as railway conductor on
the Anchorage division lines recently 1
, and left for Seattle to join the 31st i
j Engineers, has been associated with '
Col. Mears in various capacities >
since 1898. In that year he served i
; with the former commissioner in the ]
army in the Philippines, later going
to the Isthmus of Panama to work
i I
or him, and in 1915 followed him to
ilaska. Mr. Jenkins will now serve
inder his old chief in France as a
irivate in Col. Mear's regiment.
S. W . Emerson, a mining engineer
rom Seattle left Valdez recently
vith a crew of eight men for Port
.Veils, where operations will be re
umed on the Mineral King, for
nerly known as the Hermann-Eaton
iroperty. The output will be pushed
he property already being highly
mproved.
THE SOURDOUGHS' HOME
The Arctic
DAVIS & TAYLOR, Props.
Soft Drinks Cigars Tobaccos
Pocket Billiards
Rooms
FURNISHED ROOMS FOR RENT
EVERYTHING FIRST CLASS
ir. " ..'.i i. i.
Have Yovtr
Wood Sawed
By ^ R. E. COOLEY
i
i QUICK ACTION Office at Cooney Hotel
FOWLER & MORRIS
GROCERIES
DRY GOODS
COMPLETE LINE LOWEST PRICES
1
Hamilton HXIlatcb
“THE RAILROAD TIMEKEEPER OF AMERICA ”
WM. TAYLOR
WATCHMAKER
AGENT
JEWELER
ENGRAVER
We Are Closing Out Our Entire St"ck of
HARDWARE
Saws, Axes, Planes, Hammer and Axe Handles, Stove
Pipe, Graniteware, Kitchen Utensils and Many
Other Household Utensils We Have In Stock
MUST GO IMMEDIATELY
See Us For Bargains In Any of the Above Lines
COONEYS’
Stage Headquarters
THE PORTLAND
CIGARS POOL
SOFT DRINKS
First and A Streets
CONFECTIONERY
ICE CREAM
Jackson & Brakke