THE KUSKO TIMES
A
TOL XI NO. 2
TAKOTNA ALASKA SATURDAY. FEBRUARY 7 1930
PRICE 25 CEKTS
Big Seattle
Institution
Goes to Wall
RUGET SOUND SAVINGS AND
LOAN ASSOCIATON CLOSED.
* BY BANK EXAMINER.
RUN ON, WASHINGTON MUTUAL
ENDS; CONCERN GETS TEN
MILLIONS FROM EAST.
SEATTLE, Feb, It).—The Puget
Sound Savings & Loan Association,
with deposits of fourteen million dol
lars, closed Monday on orders from
the state bank examiner. The insti
tution is given twenty days in which,
to straighten out its affairs, follow
ing which the State will place the
concern in the hands of receivers.
In any event, claims of the conrern
will eventually pay out 90 per rent
or better.
The action taken against the con
cern precipitated a big run, on the
Washington Mutual Savings Bank
and several smaller institutions. The
Washington Mutual paid all seeking
to draw out in full and the run on
that bank is about over. There was
no flurry among the other regular
bjuiks whatever.
The Washington Mutual Savings
Bank has deposits of about $50,000,
000. It received $10,000,000 cash to
day from New York.
NEW POLICIES ENUNCIATED
BY SECRETARY STIMSON RE
GARDING MONROE DOCTRINE
NEW YORK, Feb. 7.—Secretary of
State Stimson, in an address here last
night, enunciated new policies re
specting the Monroe Doctrine.. He
said the United States must inter
vene to protect the Panama and the
prospective Nicaragua canals by
maintaining stable governments in
Central America and islands in the
Caribbean.
TRAVELING AT 245 MILES AN
HOUR, ENGLSHMAN MAKES
WORLD AUTOMOBILE RECORD
DAYTON BEACH, Fla., Feb. 5.—
* Captain. Malcolm Campbell, English
man, today established a new world’s
automobile speed rocord. here, trav
• eLing over the speedway at the rate
of 245 miles an hour..
SEVEN HUNDRED PERISH BY
NEW ZEALAND EARTHQUAKE
WELLINGTON, N. Z.„ Feb. 4.—j
Seven, hundred persons perished
Tuesday through the earthquanes
occurring near, the towns of: Napier
and Hastings, New Zealand. Disas
trous and death-dealing fires followed
in the wake of the earthquakes.
HUNGRY PEOPLE IN~ok
LAHOMA STORM GROCERY
OKLAHOMA CITY.—Mob leaders^
who stormed a grocery store here
Tuesday shouting for food are in jail
today, as the State prepared to re
lieve suffering. Charges of inciting
*; riot will be laid against seven of
the leaders. Practically one thousand
men participated in the raid.
The State is to provide food and
shelter for one hundred persons and
the Salvation Army will take care of
tivo hundred.
Doings At
Washington
EORAH ASKS SPEEDY GOVERN
MENT RELIEF FOR ARMY
OF UNEMPLOYED.
WASHINGTON, Feb. 3.—Senator
Borah, in a Senate speech stressing
the need of speedy government reliei
for the ne.d of the distressed drought
ama, declared that he is prepared to
keep Congress in session “until the
hungry are fed, the freezing are
clothed, and the sick are cared for.”
WASHINGTON, Feb. 4.—The Sen
ate today rejected the nomination of
Chairman Smith of the power com
mission, but confirmed the nomina
. ions of Commissioners Garsaud and
Draper.
WASHINGTON, Feb. 6.—The Sen
ate Thursday adopted a resolution
requesting the United States Attor
ney General to institute ouster pro
ceedings against George Otis Smith,
chairman, of the federal power com
mission, whose nomination Hoover
declined to> withdraw.
WASHINGTON, Feb. 5.—The oldd
holdings of the United States showed
a greater gain in 1930 than in any
other recent year.
The- imports aggregated $396,054,
000, and. exports $115,967,000. The
influx of gold was still notable as the
ar ended. December imports wer
$42,778,000, and erports $36,000,000.
RUTH GARRSON, SEATTLE
MURDERESS, AFTER SERV
ING 12. YEARS, AGAIN FREE
SEATTLE, Feb. 3.—Declared sane
-jw by a jury setting here, Ruth
Garrison, who murdered Mrs. Doug
as M. Storrs twelve years ago, has
been released from the penitentiary,
where she was serving a life sen
tence, having been found insane by
the trial jury and so sentenced. She
says she no longer cares for Storrs,
for the love of whom she killed his
wife, aged 46.,
RED GROSS DRIVE
FOR DROUGHT RELIEF
WASHINGTON.—In an appeal to
the American people to donate $10,
000,000 to the Red Cross drought re
lief, over a broadcast of a nationwide
network lasting for one hour last
evening, the voice of President Hoo
ver led the rest from Washington.
The President said: “It is unthink
able that any of our people should be
allowed to suffer fro mhunger and
want and that the heart of the nation
will not permit such a thing.”
Calvin Coolidge from Northampton
said American generosity cannot
stand for misery among its own peo
ple.
HALF MILLION DOLLARS
FOR ALASKA RAILROAD
WASHINGTON.—The Senate to
day adopted the amendment to the
Department of the Interior bill, pro
viding $250,000 of the Alaska Rail
road appropriation be expended to
develop tonnage and another $250,000
to be used for capital expenditures
for permanent improvements.
Senator Howell offered the amend
ment. Howell' said the Interior De
partment concurred in the recom
mendation that passenger rates be
raised to 10 cents per mile and that
freight rates be raised 50 per cent.
LAW ENFORCEMENT REPORT
NOT A HARMONIOUS ONE
WASHINGTON.—Enough of the
inside story of the Wickersham law
I enforcement commission has been
disclosed to indicate bitterness over
some of the internal differences, but
there is no authoritative support for
the report that disagreement arose
; either from interference by President
I Hoover or alteration of the report
after it had been signed.
In the course of preparation the
wording was changed frequently in
an attempt to compile the draft so
that all eleven commissioners could
sign it, and in the end all but Monte
l.emann of New Orleans signed it.
Lemann so far has declined to make
any comment on the report, but may
be asked along with others to appear
before the Senate investigating com
mittee. Commissioners who have
talked privately continue to deny
that President Hoover headed off a
modification proposal and said all of
the main disagreements arose among
the commissioners themselves.
WASHINGTON—The Wickersham
report was not preceded by any
statement that opinion was divided,
yet six of the eleven members of the
commissiqn declared in appended
statements that they favored revision
or repeal and two alluded to review
as if they understood the full com
mission was for it. Until the mem
bers all speak, the report will con
tinue to be interpreted as a wet and
itry straddle.
j
i
I
i
RICHMOND, Va.—Colonel Henry
W. Anderson, member of the Wicker
sham law enforcement commission,
who in the report submitted to Pres
ident Hoover Monday and transmit
ted to Congress yesterday recom
mended federally controlled and pri
vately operated liquor establishments
and was endorsed by three other
members of the commission, said
iiere last night: “Taken as a whole,
the commission favors modification.
A flat recommendation of that sort
was not contained in the general re
port, but individual reports show five
members favor modification now and
four others favor modification if fur
ther trials fail, and two others favor
repeal of the eighteenth amendment.”
WASHINGTON.—Senator Blaine
of Wisconsin introduced a resolution
n the Senate Tuesday for a substi
•u.te prohibition amendment similar
o that outlined by the Wickersham
uw enforcement commission, which
. iv.icised concurrent state and na- j
> al jurisdiction. The Blaine pro
posal would give Congress power to
regulate liquor traffic but not pro
hibit such traffic.
Telegraphic Ticks.
SEATTLE,. Fteh. S.—Fire rhief
Manor rtsgned today, the mayor ap
pointing Robert Laing, fire marshal,
as his successor. Manor has been in
bad with big insurance companies for
some time.
NEW YORK, Feb. 4.—Amelia
Earhart, nated aviatrix, and George
P. Putnam, publisher, were married
Monday in Noruk county.
0,000,000 GALLONS WHISKEY;
FOR MEDICINAL USE ONLY
WASHINGTON, Feb. 7. — The
Treasury Department has ordered
Kentucky and Pennsylvania distil
leries to make two million gallons
more medicinal whiskey.
Minerals
Of Alaska
VALUE OF MINERAL OUTPUT OF
ALASKA DURING THE PAST
YEAR.
WASHINGTON.—The Department
of the Interior estimates through ad
vance statements prepare^ by the
Alaskan branch of the Geological
Survey, that mines in Alaska are es
timated to have produced minerals to
the value of $13,602,000 in 1930 as
against $16,066,000 in 1929. The total
value of the mineral output of Alas
ka since 1880 is approximately $629,
000,000. The figures for 1930, which
are preliminary estimates and conse
quently subject to revision, are taken
from the Geological Survey’s annual
report on the mineral resources of
Alaska, now in preparation. The
source of this mineral wealth was
approximately as follows:
Value of Mineral Output of Alaska
in 1930 and 1929.
Gold ...$8,934,000 $7,761,000
Copper . 4,100,000 7,130,000
Silver . 158,000 252,000
Coal . 609,000 528,000
Other min
erals* . 341,000 395,000
Totals .$13,602,000 $16,006,000
(*Lead, petroleum, tin, platinum,
etc.)
General industrial conditions sim
ilar to those of the United States and
practically all other countries of the
world prevailed in Alaska in 1930 and
are reflected in the decreased value
of its mineral output. The prices paid
for the mineral commodities other
than gold were so abnormally low as
compared with 1929 that more than
two million dollars of the decrease
was due to this cause alone. The low
prices, however, had perhaps an even
greater eect in deterring develop
ment of mines whose ores carry prin
cipally the base metals, so that their
output was either curtailed or alto
gether stopped. Obviously this is a
temporary condition that will disap
pear in time, and there is nothing in
the general condition of the Alaska
mining industry to indicate a perma
nent decline. In fact, the increased
production of gold from the Territory
in 1930 in the face of the serious de
pression in so many of the nation’s
industries is an encouraging feature
that gives assurance of still further
growth as general conditions im
prove and capital and effort once
more seek productive employment.
The growing education of people to
the really favorable conditions that
prevail in Alaska, the constast im
provement in transportation facili
ties, the experiense gained in past
mining ventures, and the success of
mining enterprises throughout the
Territory, although diminishing the
glamour of Alaska, are all aiding in
removing handicaps that hampered
development of several of its basic
industries, of which minig will long
continue to be one of the most pro
ductive.
The total production of gold from
Alaska mines in 1930 is estimated at
$8,394,000, or aboot two-thirds of a
million dollars more than in 1929.
This marks a noteworthy increase,1
not only over the preceding year but
over any of the preceding ten years.
By far the largest amount of gold
appears to have come from the placer
mines, which yielded about 57 per
:ent of the total gold, as against 43
(Continued on Page 3.)
To Confer
On Highway
INTERNATIONAL COMMITTEE IS
NAMED TO CONSIDER THE
BIG ROAD PROJECT.
VICTORIA, B. C., Feb. 6.—The
formation of the international com
mittee representing Canada, the
United States and British Columbia,
to consider the whole of the proposed
Alaska-Yukon r<jad project, was an
nounced by Premier Tolmie today, as
follows:
For Canada-*-J. M. Warble, chief
engineer of parks, Banff, represent
ing the federal government; James
McNeill, of Dawson, representing the
Yukon, road superintendent of Yukon
Territory; George P. Napier, of Vic
toria, representing British Columbia,
assistant chief engineer of public
works department.
United States—Herbert H. Rice, of
Detroit, assistant to the president of
General Motors; Ernest Walker Saw
yer, executive assistant to Secretary
of Interior; Major Malcolm Elliott,
chairman of the Alaska Road Com
mission.
DREDGE MAY SOON OPERATE
AT MOUTH OF (JANES CREEK
That there will be something doing
at an early date on the mining
ground at the mouth of Ganes creek
is indicated in a telegram received a
few days ago by Charles L. Baker
from H. G. Wallick, who left here
last fall for the Outside. The par
ties interested in these claims, which
cover a stretch of perhaps four or
five miles, are Mr. Baker, John Rieck
and Dick Stevenson. What prospect
ing has already been done on these
claims, according to Mr. Baker, has
been most encouraging for dredging
operations. The telegram to Mr.
Baker follows:
“San Francisco, Jan. 14.
“Charles Baker, Takotna:
“Have control of drill and dredge.
You and Rieck get together. Wire
your best terms on claims, following
it with detailed letter. Will start
drilling as soon as I can get there
and get drill with supplies on ground,
hill move dredge to property as soon
as sufficient values - show proper lo
cation. H. C. WALLICK.”
VOLSTEAD ILL.
MINNEAPOLIS, Feb. 7.—Andrew
Volstead, author of the noted prohi
bition act, stricken with appendicitis,
was operated on Thursday night.
Pilot Frank Dorbandt, flying a
Pacific International plane, arrived
here Thursday following a flight to
Bethel Also making the flight to
Bethel were Edward Lowe Jr. and
Mrs. Lowe. Mr. Lowe, who is presi
dent of the Pacific International Air
ways, and Mrs. Lowe, arrived at An
chorage a few days ago, coming from
the Outside in their $35,000 Fleetster
private cruiser. Mr. Lowe, who has
already visited many parts of the
Territory gathering information and
data concerning airplane matters, is
in Alaska for the purpose of gather
ing information and data concerning
airplane matters, which investiga
tions may result i« expansion of the
system throughout the Territory. He
and Mrs. Lowe left Friday with
Pilot Dorbandt for Anchorage, and
their next flight will probably be ta
Nome.