Bcmaro
mi
OF SEWARD, ALASKA Established August. 19, 1904
Published daily except Sunday by
THE <■ ATE WAY PUBLISHING COM 1'ANY
Entered in the post«ffice at Seward, Alaska ns
second - class mail matter
H. V. HOBEN and E. F. JESSEN. Proprietors
E. F. Jesse a, Editor and Manager
MEMBER OF THE ASSOCIATED TRESS
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news dispatcher credited to it or not otherwise in this paper and also the local new
published herein. ____
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THE DOOR IS OPEN
Now that the gullible speculative and investing pub
lic has been disillusioned with respect to what is an
investment and a safe speculation and what is not, it
might be in order to scan the history of mining invest
ment in the United States and compute the losses in ne
purely speculative ventures by a comparison \\itli in- j
vestment in American industrials. They would find that >
mining during the past decade led the nation in point ot
safe investments, the failures being fewer than in am
other line of industrial activity. They would find that
the hazards of mining are confined to management, the
possibility of ore bodies giving out and a mistake with
respect to the geological conditions affecting the lode be
ing developed. Or they might discover that a mujoiit\
o Abe failures were not due to the secondary courses,
but the first and a more important element, the lack ot
sufficient capital to carry out the entire program as ar
ranged by men highly skilled in mining activities.
One might cite the famous Treadwell, the Alaska!
Juneau or Kennecott all of which were made by skilled
engineers provided with sufficient capital to properly de
velop. The same situation might be pointed to a thousand i
paying mines. Suppose that fifty billion of speculative
capital has been invested in Alaska lode and placer
mines! The Fairbanks Exploration Company invested
about $10,000,000 and will have more than $90,000,000
in profit from the gravels now being worked. There is
yet more than $300,000,000 in the known commercial
placers of Alaska. How much there is in the lodes can
only be conjectured in terms of hundreds of billions. In
the extraction of this wealth no one is exploited. Nature
gives her treasure to those who seek it. In the Wall
Street speculation the billions went into the pockets of
a small group, to be used as pressure to force a demo
cracy into a plutocracy.
Distributed in wages and material and to owners
of prospects it would have populated a strong nation n
the Land of the Midnight Sun, and the increment gone to
build up the gold reserve of the nation and exercise an
equal effect upon national prosperity.
If the public must play their money with the hope
of winning big odds let them select Alaska, and not Wall
Street for their activities. The game is square and the
returns will commensurate with the energies displayed.
The mines of Alaska possess virgin gold, silver, copper,
and lead; the deposits are not composed of printed paper,
and a column of figures.
We agree with President Hoover’s idea of freedom
for food. Also free food.
The Pole star can be seen at the extremity of the
handle of the Little Dipper. The gee-pole star is the one
you see when the pooches upset while you are going
down hill and it raps you behind the ear.
A woman can’t run as fast as a man, but she gener
ally catches him.
Nitroglycerine is sometimes prescribed by physi
cians to be taken in small doses. But that was before the
Volstead thing took place.
Maybe that bear debacle in Wall Street accounted
for lifting the ban on Alaska brown bears. No, the Gate
way had nothing to do with it.
The French are said to dislike distinctively Ameri
can dishes—such as French fried potatoes.
Many a New York multimillionaire’s wife will have
to give back the pearl necklace he promised her for
Christmas.
It is estimated that the average man consumes about
17 dozens of eggs annually. Thus the dwellers of the Rail
road Belt are paying out on an average of $81,600 an
nually for the imported article.
mm he*
STftTE HIM,
L0E1IS F. HT, OiES
TACOMA, dec., 5, (/P)—Former
Governor Louis F. Hart, of Wash
ington, died in his sleep last nite
at 11:35. The end came without
warning. He was 68 years old.
Mr. Hart had been in the hos
pital for the last four days as
it was feared he might have a
fatal illness but it was believed
he would have lived 'at least for
several weeks, as he was suffer
ing from a daibetic condition
which was the immediate cause
of his death.
Attending physicians said this
was followed by a stroke.
I
KNEU NOTE
IN NS ISE ILL
INFLUENCE SOVIET
MOSCOW, Dec., 5, (/P)—1The Sov
iet resentment against the notes
from powers reminding Russia
of her obligations under the Kel
logg pact was emphasized again
last night by Maxim Letvinoff,
acting commissioner of foreign
affairs, who said this approach
would in no wise influence the
Soviet original position with re
gard to the conflict with China
over the Eastern railroad.
He advised the powers that in
stead of constituting themselves
as the “protectors of the Kellogg
pact to turn their attention to
the affairs of their own neigh
bors.”
MAN BURNS TO DEATH
The tragic death of a Chinese
cook at Yakatat who was burned to
death when his two room house
caught on fire, was made known
last week to the Cordova Times.
The name of the victim was un
known but it was said that he evi
dently had tried to escape as evi
dence showed that he rose from his
bed and had struggled into the liv
ing room when he succumbed, pro
bably to the smoke and was burned
to a crisp.
A daughter, weight eight pounds,
was born to Mr. and Mrs. Frank
Gilbert at Fairbanks. Mr. Gilbert
is in charge of the mechanical de
partment on the northern division
of hte Alaska Railroad.
There will be a Masonic meet
ing this evening at the usual
hour and club rooms.
With $100.00 purchase in the
clothing department between now
and Christma s—Free Magnon
prone, four records and case, value
$30.00. BROWN & HAWKINS Corp.
LEGAL NOTICE
IN THE PROBATE COURT FOR
THE TERRITORY OF ALASKA,
THIRD DIVISION, SEWARD
PRECINCT, AT SEWARD.
IN THE MATTER OF THE ESTATE
OF CHARLES T. DAGGETT, De
ceased.
NOTICE TO CREDITORS
Notice Is hereby given that the
. undersigned, A. J. Dimond, was on
1 September 7th, 1928, by the Ordei
and Decree of the above named
| Probate Court, duly appointed and
he now is the lawful administrator
of the estate of the above named
Charles T. Daggett, deceased; anc
that all creditors of said estate and
persons having claims against said
estate, are hereby required to pre
sent their claims with the neces
sary vouchers to the undersignec
administrator at his office at Val
dez, Alaska, within six (6) month:
from the date of this notice.
; This notice is dated and the dat»
of its first publication is the 26tl
day of November, 1929.
First publication, November 26
December 3, 10, 17, 24, 1929,
A. J. DIMOND, Administrator o
the Estate of Charles T. Daggett
.deceased.
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IS I LIBERTY THEATER I I ,
;« S >
| Saturday I
= One show — 8’clock 5
I SPECIAL SPECIAL I
= =
ONE OF THE BIG HITS OF THE YEAR f
I “ The Gorilla ” [
An eight-reel absorbing story of several mys
terious murders—the efforts of two detectives
| to solve them—the marks of a gorilla—the
the haunted house—the threats and terror
the involved love affair—all made into a play
that is simply alive with comical action and
mysterious happenings. 5
1 CHARLIE MURRAY I
I TULLY MARSHALL' S
| CLAUDE GILLINGWATER |
! = with - §
ALICE DAY and FRED KELSEY
§ Give a performance that is just simply E
= SUPER ENTERTAINMENT 1 %
A play in a hundred that you must not miss.
With it we will show you an interesting 5
NEWS REEL and an EDUCATIONAL
<oii!iiiiiiiiiaitiitiiiimutiittin!iiiUiitiiiitHiiuiiUutiiiiiC2i!!iiiiir
EAT CARL'S BREAD
The bread that is bread
Made clean. Baked clean,
Sold clean §j
OUALiTY BAKERY '
(H
THE HOUSE OF QUALITY
Fresh Beef, Pork, Mutton and Poultry
on every boat
We are pleased to have you inspect our
freezers any time.
Carstens Packing Co.
Phone Main 130 Gus Manthey, Mgr.
I .- .— ..
hotel mm
Open under new management; the hotel is
now undergoing alterations from top to bot
tom* but is open for business.
JULY 16
AUG. 13
SEPT. 10
OCT. 15
NOV. 12
DEC 31
Nels Rosengren, Manager.
1930 SALE
JAN. 8
FEB. 12
MARCH 19
APRIL 16
MAY 14
JUNE 11
n
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