K <i A. hi.
White Pass Lodge
* F. & A.iL No. 113
meets 2d and 4 th
Fri. Ev'gs. of each
moat "\ >itiag Droiiujrg
come, fliil A'orahams, Secretary.
W. C. Wright, W. M
Fraternal Order
levies—
Skagway Aerie
Ko. 25, Frater
nal Older of
E ;U'S racets tha first and third
■\\Vuaesiiay nig'at of each month at
their L>J1 ou Fiith a\enue. Visitiag
brothers cordially invited to attend.
John Crashel, \\\ P., J. M. Keller,
.Secretary.
B. P. O. ELKS
Skugu ay Lodg
No. 4ol, B. P. 0.
E. met'tP ever
Thursday night a
8 o'clock. Elk
club and rtsadln
rootu opoa U;'.i?y from 1 p. m. to
i j mid Visiting fcroMers cor
dially wt'ieome. "\V. C Blauciiard,
Ex. il. CIco. Magce Secretary.
Arctic Brotherhood.—
Camp Siiagway Xo. 1
A. B. meets every Tues
u. » evening at S:00 p
Visit r brothers corJial
• y a - ?. I) J Kich, Arctic Chief
■
•toi.i Iniantry Lodge, ^o. 1390.
L V. i, OKUUi OF MOOSE.
. ort Wa H. • iward, H.uncs, Alask
Re. r •- h-aS every Thursday;
night .17. m. All visiting bro
thers >.-< iii: .!> welcomed.
Ar. o.-.s esiring Information!
about - - e v. ill confer a favor j
by aciir. >iig
'1.1 SECRETARY.
i» <• • iOXAL CARDS.
Vll. L >>. KELLEIt
IVntist
. rat a>lern Methods
Erentnfa
?-12 a. tn. 3-6 p. a.
t -\£ - -.H roadway
ALAS AH.
rii i -.r,'-o'j n:i:\ co.
—JJeaiers la—
li K T.1L SUPPLIES
2^3 ' . Iki-.- j. Seattle, Wash
OrUi". > . . or cable will receive
. te ■ re
quest.
HAXD * NOBY—The Jando
Ha : Third street next
to G . Hotel, does your
vrn: it shrinking the
clo: .y wOik given care
ful a"i-;.tior.. tt.
i . .Ol NO*
■\ A "Da/
is;;
vi
\j
Z!t'J: .1 ar.-i F-.^eman,
Proprietors.
Open iu Guests and (laneial ]
Public.
i:\prything Xew ami First ,
Cia«.s.
■ ui.-ir l*rices.
A - U'i) l".>r Special Announce
: AilS :
V/hitehorse-l
• Stags
==Line==
R Mail Stage
1 'tt\ v ' H li it^iiOPi1© the
. . t . ry month
'i'vir Kii xue ami way
} Lite a'.rt <:l?o on the
s«?veu'.«.- ;th of every
xaoLtlii r Champaigne
Passengers and Freight sol
i_- Iteci. Rntes Reasonable
cin.i the Service r irst Class.
~Tl. CHA MSERS, Prop!
OFFICE
Reg. ja Hotel :: Whitehorse, Y. T
ESTIBIISHEO 1838 OLDEST OHO MEWSPilPER III JUSI1A
OFFICIAL CITY PAPJEK " * ' L. 8. KRMiEit, Publisher.
Admitted as second class mall matter July S, lfr98, at the Skagway P.O
Copy foe change ot advertisement* must be la by J o'clock p. in. to
Insure Insertion some day. Advertising rattss on application.
Tiio Dally Alaskan charges for all publications not'solicited, which
lacludea all notices, other than churches or charitable societies.
Subscription Hates:
>e moutb. by mail... — — — •">
moutti by carrier — ...1-00
Three mouths by mail .. ..2.25
Six months by mail .. ..4.50
Oue year, by mail .. .. 9.00
Subscriptions and Advertisements received by
Bennett News Co.- \Vhitehorse,l'.T. E. L. Pillman AUin, B. C.
E. W. Gideon._ _Carcross, Y. T.
editorial page
THE REGIONAL BANKS.
The most lucid explanation of the
operations of the proposed region
al banks which are to be establish
ed by the government ia various
commercial centers of the United
States appeared in a recent issue
of the Tacoma Tribune and was
made by Ralph S. Stacy, president
ox" the National Bank of Tacorrm at
an informal gathering of profess
ional and business mwi at the com
mercial club in that city. He said:
"The existing national bank sys
tem has been in effect since 1S63
and from time to time its inade
quacy has been demonstrated by pe
riodical ••panics" and times of mon
ey "stringency". in 1907, when
business admittedly was good and
the crops large, a panic crippled
people and halted Industry. This
panic was due entirely to the bad
currency system."
"There are five principal features
in the new law. I*. centralizes a
system cf bank reserves in from
eight to twelve banks, one for each
reserve district in the place of the
scattering of bank reserves through
out the country. Instead of having
to send to New York for money, a
member bank will obtain it from its
district reserve bank.
"Tho general funds «. i the Unit
ed States treasury, amounting to
$o22,S32,915, on December 1, 1913'
will be deposited in the reserve
banks and thua placed in circulation
Government bonds also can be de-;
posited in these banks as a basis
or currency issue.
'•The provisions for note issues
Kre that. 1">e regional banks may is
aue currency against United States
bonds or against commercial pa
per on the basis of 60 per cent of
its face value, the balance of 40
per cent being cash. This provision
will *»reveiit panics.
"In.eases of extreme urgency the
federal reserve board may suspend
the reserve regulations and the
amount of the reserve required to
be held may be reduced from 15 to
10 per cout. This provision will ren
der any breaking down of the na
tional banking system Impossible.
"To put the law into effect a
commission consisting of the secre
taries of the treasury and of agri
culture is now touring the country
to establish the regional bank dis
tricts, which must be completed
within 60 days from the date of the
signing of the bill by the president,
and every bank intending to enter
thp new system must notify the
treasury department on or before
February 22. The regional banks
may number from eight to twelve,
but it is probable that not more
than 10 will be established at this
time. Thereafter the banks in each
district must get together and elect
six directors for the regional bank;
three more being appointed by the
federal reserre board.
"The composition of the federal
reserve board will bo such that
some members of the board will
carry over two administrations. The
regional bank directorships will be
organized in such a way that these
banks cannot be controlled by any
one set rf men. The law provides
for the division of the member
banks into three classes, according
to their size, and each of these
classes wiil have an equal voice in
the election of the directors of the
regional banks. The capital of
each regional bank must not be less
than $4,000,000. On the basis of
this capitalization the bank to be
established on the Pacific coast
would need the banks of the seven
western states as subscribers, each
paying in 6 per cent of the amount
of its capital and surplus and being
finally liable to another 6 per cent,
should it be required. Outside of
these subscriptions by the mem
bership banks, the only funds which
the regional banks will have will
be government funds. The region
, al banks will accept no deposits
' from the public.
"The law provides that the re
gional banks may rediscount any
notes, drafts or bills of exchange
representing actual commercial
transactions upon the indorsement
of the bank presenting such paper,
and also notes representing ware
house receipts, agricultural and
livestock products. The bill "gets
back" at Wall street by refusing
discount of notes representing the
carrying of stocks and bonds—stock
exchange transactions.
"The bill carries 90 per cent of
the provisions of the Aldrich bill
but it substitutes the district re
serve banks for the one central
bank proposed by Mr. Aldrich. It
is the result of many years of work
by the currency commission, Mr.
Aldrich and bankers' organizations,
and is the greatest piece of leg
islation passed in 50 years.
In addition to the regional re
serve banks the measure provides
for the establishment of branches
If Seattle fails to obtain a regional
bank and San Francisco is selected
for the only reserve bank on the
Pacific coast, Portland, Los Angeles
and Seattle will have branches, at
whi<:h local bankers will be able to
transact their business almost as
expeditiously as at the regional banl
itself.
The reorganization of the bank
ing system required to meet the re
quirements of the new law will
not cripple the local banks at all.
Thirty six months is allowed for
the gradual transfer of reserve
funds from other banks where they
ire deposited. There aro three i
classes of government deposits in
the national banks at present, .
treasury, customs and postofflce
funds. In cities having reserve
hanks all these funds will go to
those institutions, but in other cit
ies only the treasury funds will be
lost. _
HANDICAPPED.
rhis is the Case With Many Alas
kau People.
Too many Alaskan citizens are I
handicapped with ba backs. The
unceasing pain causes constant mis
sry, making work a burden and stoop
ing or lifting an impossibility. The
back aches at night, preventing re
freshing rest and in the morning is
stiff and lame. Plasters and lini
ments may give relief but cannot
reach the cause if the kidneys are
weak. To eliminate the pains and
aches of kidney backache you must
cure the kidneys.
Doan's Kidney Pills are for dis
ordered kidneys.
The following statement should
convince every Alaskan reader of
their efficiency.
Mrs. S. E. Ralnwatr, 1207 E. Wa
ter St., Albany, Ore., says: "I am
always willing to speak a good word
for Doan's Kidney Pills in return fo
the benefit they brought me after
other medicines and doctors' treat
ment had failed. 1 could get no J
sleep and in the morning was all tir :
ed out. Doan's Kidney Pills made j
a cure. Since then when I have had }
slight attackB of the old trouble, I j
have taken Doan's Kidney Pills. •
They have always given the best re- j
suits."
For sale by all dealers. Price 50
cents. Foster-Milburn Co., Buffalo,
New York, sole agents for the Uni
ted States.
Remember the name—Doan's—
and take no other. .
Location Notices, placer auc.
quartz, 50c. a dozen at the D&i'J i
Alaskan office. U
Take "Purola" SODIUM PHOS- !
PHATE and give your liver a shake.
For Sale by Keller Bros. Drug Co.
Olympia Beer on draught at the
Board of Trade. This famous brew,
both on draft and in bottles is kept
constantly fresh. This is the Board
of Trade Bar where the celebrated
Rainier Beer Is also kept in bot
tlee. * tf.
Only One "BROMO QUININE," that is <
l^axative JJrorao Quinine
Cores a Coldin One Day, Crip in 2 Days
§r2b&^m^ £
CRAB MEAT COCK TAILS
at
The Pack Train Restaurant
Service a la carte.
What's a Skagway Omelet? You'll
sever find out until you visit the
New Idea Bakery and Delicatessen.
A reminder:—If you have attend
ed the sales and are too late to
jet a good lunch or dinner ready
rou will always find something to
'ill the need at the New Idea Bak
?ry and Delicatessen. tf.
—Notice to —
PROSPECTORS
Parties Intending to go pros
pecting or hunting in the In
terior, will find it to their in
terest to write
CAM SMITH
AVhiteborse, Y. T.
Kor Information.
Mr. Smith has all kinds of
power boats from four horse
power to fifteen which he
will sell or rent at reasonable
rates.
Automobile Stage daily from
AVhitehorse to the Atlas min
SEATTLE'S
Leadiaa Popular Priced Hotel
Hotel
Georgian
European rian
All Outi-kle Surtny
Rooms. Elenanrly.
Furnished
C I^arnple Rooms.
Comraerela & Fam
ily trade solicited
m AXES
Siusle T?oom.s SI up
Roomswltli bath$1 50
Two persons $2.50 up
C. S. STAFFORD
Manager.
lake East LaKe car from Union!
)epot to Fourth. FOURTH AVE
>etwepn Union & Pik».
junmi SttanwlM Co.
U. 8. MAIL STEAMER
Juneau-Sitka Route
Leaves Juneau for Hoonah, Gyp
sum, Teuakee, Killienoo and Sit
a Nov. 30, Dec. 6, 12, 18, 24, 30
Ian. 5, 11, 17, 23, 29. Feb. 4,
10. 10. 22. 28. Mar. 6. 12, 18,
4, 30.
Juneau-Skagway Route
Leave® Juneau for Pearl Harbor,
Eagle River, Yankee Cove, Comet,
Sentinel Light Station, Eldred
Rock Light Station. Haines and
"kagway Nov. 28, Dec. 4, 19, 16,
2, 28. Jan. 3, 0. 15. 21. 27. Feb.
8, 14, 20 26. March 4, 10. 16,
»2, 28.
WILLIS E. NOWEXiL. Manager.
FIRE
INSURANCE
That
Insures
WR1TIEN BY
Phil Abrahams, Agt.
Pack Train
Restaurant
TONY STANICH. Proprietor
For 14 Yeiri We Hare Served only
The Best in the Markets
aid today it it the
Most Popular Eating
House in the North
New Location
Broadway, between 3rd and 4th
The Delmonico of Alaska
X?^c"c£\ ' STEAMERS FOR
Seattle, Tacomaj
\jSv^ V Victoria, Vancouver,. Anacortes, Bellingham
Everett, Olj.pia, Port Towiuwvl, South
Be! .iogliam, Eureka, Santa Barbara, Mexico
San Francisco, Los Angeles, Sa n Diego \
H BRANDT, - A. P. D. c. d. dunann, p. t. m. !
i 13 James St., ScaLtle 112 Marked St., San Francisce I
R'nh* reserved to cbanga fchi*. Schedalo
NEXT SAILINGS WILL BE J
5. S. SPOKANE
Jan. 29 Feb. 9, 20
V. A. PETERSON, Agent
Phone 50 2ud <fc Broadway, Skagway, Alaska
THE SHORTEST TRAIL TO
CHISANA GOLD FIELDS
IS VIA CORDOVA
FROM McCarthy—so MILES
PASSING EN ROUTE
10 ROAD HOUSES AND 2 CAMPS
I/ALASKA STEAMSHIP CO.
Sftext Sailing Dates
From i "N* Western" - Jan. 31
|j SKAGWAY \ ■ » C U 1 ■?
Mariposa - reb. 11
I SEATTLE ( "N' Western" - Feb. 21
SAILINGS from skagway
PRINCESS SOPHIA
Jan. 21 . Feb. 4»
Mar. 4> 14. 25 April 4
(Subjcct to Cliangc)
Prince Rupert, Vancouver, Victoria,Seattle,&c
Rail ami Sleeper Tickets to all points.
Pn*ne 87 ' F. F. V". LQWLE, Agent
Steamship Humboldt
THE ONLY INDEPENDENT STEAMSHIP OPERA!IN6 TO S. E. ALASKA
Sailing Date From Skagway
to be Announced Shortly.
THROUGH TICKETS HONORED
Seattle Olftoe: H. M. Hartwigson, 5th & Broadway.
716 Second Atsuug. Tickets mu! all Information.
Trai
The Newest and Shortest Line to the East
Crossing the Cascade Mount:;'-- the Kittitas Valley, the Colum
bia River, the Bitter Root Mcunnns a.id Montana Canyon, trav
ersing a country of surpassing sc-'nic grandeur, historical interest
and wonderful development.
TWO FAST THROUGH TRAINS DAILY
"Tfie Olympian" and "The Cckmkian"
The NEW ALL-STEEL, TRAINS to
BUTTE. MILES CITY, SIOUX CITY.
MINNEAPOLIS, ST. PACI., MILWAUKEE and CHICAGO
For further information regaining (ares, train service, reservations^ etc.,
cal on or address ^
C. T. Lyons, Apent
Alaska Steamship Co.. Skagway, Alaska
City Ticket Offices, Chicago, Milwaukee & St. Paul Railway
443 Hastings St. U'est, Vancouver, B. C.
Second Av;. and Cherry St., Seattle