SEWARD DAILY GATEWAY
OF SEWARD, ALASKA
Established, August 19, 1904
Published daily except Sunday by
Gateway Publishing Co.
Entered in the postoffice at Seward,
Alaska, as second-class mail matter.
SELBY & HOBEN, Proprietors
SUBSCRIPTION RATES
Daily, by carrier, per month-$ 1.25
Daily, by mail, per month- 1.00
Daily, by mail, per year- 10.00
Saturday Gateway, per year- 3.00
ADVERTISING RATES
Per single column inch, one to
Bix issues, per inch _ $ .50
Per single column inch, per mo. 3.50
Legal Notices, per line per issue .15
Classified Advertisements, line .10
Notice of Final Proof. 12.00
Notice to Creditors . 15.00
Help wanted and employment wanted
notices free. *
MEMBER OF ASSOCIATED PRESS j
The Associated Press is exclusively ;
entitled to the use for republicaiion j
of all news credited to it or not other- j
wise news published herein.
All rights tor republication of spe
cial dispatches herein are reserved.
THE AIRSHIP
There is no limit to the future of
the airship—its possibilities are un
limited. There is no part of the
globe that cannot be explored and
inaccessible parts w’iill be made ac
cessible. New industrial fields will
be opened and thousands of acres of
mineral lands that have never been
seen by w’hite men will be prospects
and the gold taken out. The hard
ships of the severe winter will be
come a thing of the past because
the airship will make it unnecessary
to be exposed to the winter weather.
Everything has its day and the day
of air transportation is here. Alas
ka has a great future with untold
millions of hidden wealth and as yet
almost no means of transportation.
Airships and only airships will solve
these problems.
VAST FINANCIAL RESOURCES
One of the principal factors back
of the most extraordinary stock mar
kets which the country has seen in
years is the plentitude of money
available for the use of bullish oper
ators and in the hands of people who
are seeking investments.
Scarcely a day passes which does
not see new high record prices estab
lished for some securities, many of
which are selling at figures quite
out of proportion to their dividend
distributions. In such cases the buy
ers are looking for something of im
portance, which will justify the pur
chase of stocks, rather than the
quarterly dividends w’hich they re
ceive. The fact is, many, common
stocks, paying small dividends, are
much more active and command high
er prices than preferred stocks -which
have paid larger dividends for years.
Current valuations of such issues
are determined by increased earn
ings and by the operations of pools
who see an opportunity to run up the
prices.
Not all of the common issues, how
ever, have maintained the high pric
es at which they have sold. They
were evidently carried too far by the
excited buying of people who paid
more attention to the operations of
other people than to the earnings of
hte company -whose stock they bought.
The vast amount of money avail
able for operations of this sort ap
pears to be assured for some time
to come. The usual increase in the
•demand for money in the autumn is
referred to by New York financial
authorities with extreme satisfaction.
They say that never before in his
tory were the banks in such strong
condition or more able to take care
of credit needs. Credit for all legi
timate business should continue com
fortable.
The banks could extend themselves
greatly, were it possible for the need
to arise, without calling on the Re
serve banks for any large regree of
assistance. The plans of the gov
ernment for retrencement and for tax
reduction are factors tending to great
er ease, in the long run, in money
rates. They also-tend,to create a
wider and more positive employment
of capital in industry.
The Wall Street Journal points out
that money rates in the United States
are now the lowest in the world.
Rates in Europe are gradually drop
ing as conditions improve. Taking'
things at long range, the business
•world has every right to assume
there is a long period of easy money
ahead which should result in a great
forward surge in the production of
material wealth and comfort every
where. The effects will be felt here
first, where .conditions are stable,
and extend gradually to other, coun
tries as things improve and hatreds
subside.
A NEW NATIONAL ROAD SYSTEM
The recent action of the Interstate
Highway Board in designating a na
tional system of roads covering the
United States and touching every
state capital is a reminder that an
even more ambitious project is being
considered. The Pan-American Road
Congress, which is to meet in Buenos
Aires sometime this month at the
invitation of the Argentine govern
ment, has for one of its objects the
construction of a Pan-American high
way which will unite the countries
that compose the Pan-American
Union. The United States and a score
of other American republics will have
representatives at the meeting.
These plans for highway systems
connecting points thousands of miles
distant direct attention to the long
journeys that are now taken by au
tomobiles. It has become a common
place matter for motorists to cross
the United States. The network of
roads mapped out at the Washington
meeting provides eight transconti
nental routes from the Atlantic coast
to the Pacific and nine from the Gulf
of Mexico to Canada. Even the Old
World, where progress in road build
ing is far behind that in America,
long automobile journeys are being
taken, one of th ecurrent magazines,
for example describing a motor trip
from Western Europe to India.
The Washington committee did well
in arranging to mark the interstate
routes designated with uniform signs.
Some private associations of highway
promoters have done this in the case
of such interstate roads as the Lin
coln Highway and the Surquehanna
Trail, and it has served a good pur
pose, guiding motorists thru towns
and past intersections and making it
unnecessary to stop and inquire di
rections.
The plans prepared at Washington
will not be carried into effect, of
course, for.some time. It is not to be
imagined that in a few months there
will be eight unbroken ribbons of
pavement extending from coast to
coast. Not even the Lincoln High
way has been paved in its entirety,
although it has been a well-traveled
transcontinental route for a number
of years.
Only a program has been prepared
by the Interstate Highway Board,
but in its adoption a stop froward
has been taken in the facilitation of
long distance motor travel.
MIGHT MISS SOMETHING.
Another indictment has been lodg
ed against friend husband by mem
bers of a woman’s club in Athens,
Ga., who passed resolutions request
ing the local postmaster to see that
letters addressed to “Mr. and Mrs.”
be delivered at their homes, instead
of to their husband’s’ offices. The
charge is made that either through
forgetfulness or design husbands had
failed to hand over these letters,
which often contained important so
cial invitations.
NATURE REVERSED
From Des Moines a reporter sends
the story that a cat, belonging to R.
C. Price of that city, after her kit
tens were drowned, adopted and
mothere'd three baby rats. Wouldn’t
T. R. have enjoyed flaying a nature
faker like that?
ATTENTION!
COURT WITNESSES.
Airship pictures will be a diversion
from fish cases. Come up and see the
pictures and ask any question about
the freight and passenger craft, the
ore carriers, and heavy duty aircraft
for local and long distance service.
Right over the bank, plenty close
enough to court house. Bring your
pipe and come early and ooften. Noth
ing on sale, no obligation; just sim
ply welcome—come every day. Give
us your-confidence,
tf ALASKA AIRSHIP COMPANY.
If the weather is a bit unusual
you may recall that it is usually
that way.
Presumably, that fundamentalist
college to be started at Dayton, Tenn.,
will not need laboratories for the
study of biology.
A railroad man says that reckless
driving at grade crossings is decreas
ing. Possibly because so many reck
less drivers have been eliminated.
That Indiana university which for
bids students having automobiles is
severe on them. What’ll they do if
they can’t put in theri time riding?
Metallurgical engineers announce
the discovery of a process of hard
ening lead. Now we know what has
been thematter with pencils we have
bought lately.
“There is nothing more wearing,’’
observes David Lloyd George, “than
a long rest lor a formerly busy per
son,’’ and considering its source this
can hardly be considered hearsay.
When Mrs. Harriet Owen of St.
Paul was asked her age in a court
where she appeared as a witness, she
replied: “Old enough to tell the
truth.”
In a riot during a prizedrawing
in a church at Munich twTo wemen
were fatally injured.
A monster shark was lassoed by
the tail near Weymouth, Eng., and
16 men were required to haul it
ashore.
Miss Rachel Walton of Chicago
was wounded in the shoulder by a
bullet fired through a window of the
train on which she was riding.
Two occupants of an automobile
near Cardiff leaped to safety before
it plunged over a 600-foot precipice.
Fred McKenzie of London was jail
ed for forging documents annulling his
marriage.
Samuel Mitchell of Duluth received
a two-year sentence for teaching his
son and daughter to steal.
GERMAN POLICE DOGS
Have three males and one fe
male puppy, nicely marked. Just
right age to train. Priced right.
Roy E. Clarke
Kodiak, Alaska
Marathon
CAFE
JOSIE EMSWILER, Propr.
THE HOME OF WELL
COOKED FOOD
SEWARD, ALASKA
The Alaska Railroad
TRAINS LEAVE SEWARD
7:30 A. M.
MONDAYS AND THURSDAYS
TRAINS ARRIVE SEWARD
7:30 P. M.
WEDNESDAYS AND SATURDAYS
Barber Shop
I FRED MTLLER
I BATHS-:-OPEN SUNDAY A.M.
ii TtiiiiiiiiiiiimiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiimiiiiiiiuiiiiiiiiEiiii
4
4
imiimmiiiimimmmmmiimmimmmimmmiimmimiiiinTfniimimmiiiiifir
SEE THE INTERIOR!
& ' % -VIA
THE GOLDEN BELT §
To the end that the countless places of scenic and other inter- E
ests in the Territory may be thoroughly enjoyed and understood, and E
to enable them to acquire first hand and accurate information con- EE
% cerning all Alaskan activities and development; travelers to the 5
Northland are urged to visit
ALASKA’S “GOLDEN HEART”
Interior Alaska and places en route—including Kenai Lake, the
“Loop District,” Spencer and Bartlett Glaciers, Tumagain Arm, An
chorage, the Matanuska Valley, Curry, Nenana River Canyon, Mt. Me
kinley National Park, Nenana, the Tanana Valley and Fairbanks, hold
much of interest to everyone, whether on business or pleasure bent;
and a tour through these regions creates a true conception of the
good things that Alaska has to offer.
For train and automobile schedules, passenger rates and other in- 5
formation, confer with any steamship agent, or
§ >
DEPARTMENT OF THE INTERIOR =
The Alaska Railroad \
(McKinley Park Route) E
Seward Anchorage Curry Nenana Fairbanks E *
iiiiiiiiiiiiiiiiiiiijttiiiiiiiiiiiiiiiuiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiimHiiuimiiiiiiiiiil