■MSPna*1’. _■
THE KUSKO TIMES
A. X. Grant, Publisher, Sole
Owner and Editor.
Publisher] Everv Saturday
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issue (minimum charge $1)... 60
Entered as secono-ciass matter Au
gust 29th, 1923, at the postottice at
•Tokotna, Alaska, under the Act of
March 3, 1879.
THE ONE WHO SUFFERS.
(Detroit Free Press.)
Like dope, inflated currency ay ex
fiiiarate while jt is a new experience.
It can produce lovely visions and
^harming delusions of prosperity.
Hut in the end, resort to it brings
freavy penalties. Because inflated
money is dishonest money.
To understand this, there is no
need to go further than to observe
that under the present scheme for
producing currency inflation by boost
ing the market price of gold, a per
son must have 32 paper dollars rer
deemable in gold on demand at the
United States Treasury in order to
purchase the amount of metal con
mined in a S20 gold piece.
Thme man who has paper money is
(being cheated by his government.
The person who gave up gold or gold
certificates under pressure of a fies
•ture of intimidation from Washing
ton has been robbed of a third of his
The intent of the Government may ;
property.
be ever so good. We thoroughly be
lieve the purpose of the Administra
tion in Washington is good; but what
is actually being done nevertheless is
,vicious.
And in a situation produced by in
flation, who benefits and who suffers?
In 1893 in a special message dealing
■with the problem created by the ef
fort to maintain bimetalism, Presi
dent Groevr Cleveland said to Con
gress:
“There is one important aspect
of the subject which sspecially should
nver be overlooekd. At times like
the present, when the evils o unsound
finance threaten ' us, the speculator
may anticipate a harvest gathered
from the misortunes of others, the
capitalist may protect himself by
hoarding, or may even find profit in
the fluctuation of values, but the
wage earner—the first to be injured
by a depreciated currency and the
last to receive the benefit of its cor
rection-is practically defenseless.
He relies for work upon the ventures
of confident and contented capital.
This failing him, his condition is
without alleviation, for he can neither
pray upon he misfortunes of others,
nor hoard his labor.”
In the present situation, it klso is
true that the debtor who wants to
pay off obligations in cheqp money at
the expense of the creditors may
gain an advantage from inflation;
and the chance to hoard anything of
certain value has been snatched away
to a considerable degree. But it is
the wage earner who remains the
chief victim, Amid the uncerainty
and apprehension caused by fluctua
tion of values that discourages long
continuing, constructive enterprises
of any sort, he is the one that suffers.
And there is nothing he cap do to
protect himself. Currency inflation
remains what it always has been, a
stepping stone to econoimc eofnusion,
HIGHLIGHTS 0|' MICHIGAN’S
NEW LIQUOR ACT
LAPSING Mich - \ : * . I \uw
of the Mich‘s n Liquor Ctr.ti-t »,t
hfows:
A Staet ): |U'). i>Ki‘op .iy with •• •
S' :.te making all i>ri$rii::ii «n < - of
'»-.rd liquor ai: wince for a maximum
g\>ss profiv of 40 per cent:
beer of u .' i t M aleoh li.* n|iuqt
will be handled a$ at present.
A dual dispensary system of State
owned stores and an ulimited number
of designated merchants to be paid a
maximum of $1,200 a year by the
State.
Glass sales throughout the State
six days a week if voted by a ma
jority of the local legislative bodies,
with the number of places serving
hard liquor limited to 1 each 750 pop
ulation.
A five-man liquor control commis
sion, three appointed by the Governor
at $5,000 a year, and the Governor
and Secretary of State as ex-officio
members.
Sunday sale of spirits barred. No
sale of hard liquor on holidays or
election days.
Old age pensions will share in
liquor revenues.
Old-time bar banned, persons mil
der 21 cannoot buy hard liquor, and
those under 21 cannot buy hard liquor
and those under 18 cannot purchase
beer.
Wine limited to 16 per cent alcohol.
Taverns can sell beer only. Beer gar
dens continued. Restaurants and ho
tels can sell beer, wine and spirits.
One State-owned store to be estab
lished in each of the smaller coun
ties, and one to each 75,000 popjation.
If You Are Looking for the Best in
Clothing Furnishings
Boots and Shoes
Seud Your Mai) Orders to Koslosky’s, THE FRIENDLY STORE,
Anchorage, Alaska
Highest Market Prices Paid for Furs
We Pay the Plahe Charges on Fur Shipnents
' 1 ———————.
I. Koslosky Sc Sons
Alaska’s Leading Fur Merchants
ANCHORAGE, ALASKA
Wire or Write for Late Market Quotations
SOCIAL LEADER MAKES
DEATH DASH IN PLANE
JACKSONVILLE, Fla.—the best-'
less waters of the Atlantic apparent-1
ly have formed a grave for Mrs..'
Louise Tuck Stanton, who borrowed a
plane here and ffiro seaward to meet
her death wherever th rxhaustion of
the fuel carried by the craft would
cause it to drop.
This beautiful and accomplished ,
junior leaguer recently lost her ho -
band in an auto apcident. Notes left -
by her asked that her act not b<
cauueid “suicide,” for she wrote, '**1
particularly dislike the wor.'." S e
further expla'ned sha just wanted ot
go out irtto space to find cut what it
is all about atnd if there is not some-'
thing somewhere that is O. K.”
Two hours after the woman flew
eastward with sufficient gasoline to
iast four hours the airport authori
ties found the mote and began a
search. _ in the note she begged the
authorities not to undertake the dan
gerous search, which, she said, would
do n© good.
REVEALMENT.
Yesterday, Life to me was dull.
Rut like a rainbow through mist and
sunshine past
The scales from my eyes were
dropped at last.
I saw a ceestial glow in the glisten
ing foliage of the birch.
I heard and looked and saw the
strange light in the silver
winding brook.
The rainbow, souls of fllowers shown
Was only one of Nature’s loans
To send me home from sea.
All argued for Him, but to prove the
point of view
Came a yellow willow warbler, who
chortled his message to me.
His magic twittering flowed forth
Like shafts of light
And through my snmatrc frame Life
coursed anew.
My soul tremered for the greatness
of it all.
BEZRAE S. BOYD.
The One Was Won
Miss Slater—Are you living in the
handsome home left you by your aunt,
Colonel—the home you went to law
about ?
Colonel-—No; my lawyer resides
there.—Peterson’s.
Before T. M. Garland, United States
Commissioner and ex-officio Pro
bate Judge, Otter Precinct, Fourth
Division, Territory of Alaska.
In the matter of the estate of Peter
Claustrup, deceased.
To All Persons to whom these
presents shall come, greeting:
Know Ye that it appearing to T.
M. Garland, U. S. Commissioner for
the aforesaid precinct, that T. M.
Garland, the former administrator of
the aforesaid estate, has resigned, and
I find it necessary to appoint another
administrator, the said Peter Claus
trup leaving at the time of his death
property in this precinct, and that
said Commissioner has duly appointed
Harry Donnelley administrator for
the estate of Peter Claustrup, de
ceased.
In testimony whereof X have here
unto set my hand and Qiy seal
this 3rd day of September, 1933.
(Seal) T. M. GARLAND,
Commissioner and ex-OAcio
Probate Judge.
First pub Sept 30; last Oct 28 (35)
In the Probate Court for Otter Pre
cinct, uoFrtb Division, Territory
of Alaska.
In the matter of the of
Alex Jerue, deceased^
Notice of Final Hearing.
Notice is hereby given that Hie Ad
ministrator of the above es
| tate has filed his final report in the
Probate Court above named and that
said report will he heard before the
said Probate Conrt for Otter Precinct
at Flat, Alaska, on Tuesday, the 10th
day of April, 1934, at 2 ofclndk jp. m.
of said day, at which ml place
all persons interested may appear
and show cause, if any they bave, why
said report shcadd nut be ^approved
and confirmed.
HARRY DONNELLEY,
First pub. Dec. 29
.. JTJ™'
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