IHE KUSKO TIMES
A.. X- Grant, Publisher, 1 Sole,
Owner and Editor.
Twice a Week:
Wednesday and Saturday
Two Dollars Per Month., .
Address alllCommunications:
Kusko Times, McGrath, Alaska.
MCGRATH, ALASKA, JUNE 8, 1921
STRANGLING PRODUCTION.
In Kentucky tobacco farmers 8arly
In .January proposed to grow no crop in
1921. . All, kinds of tobacco were never
before so high priced. The market
prjee to*- the farmer was never before
soJovr.
Profits by the tobacco trust .help*ex
plain the colossal spread between the
oroducer and consumer. In 1885 the
W. Duke Sons Company was valued at
$21*0,000. In 1890 it was capitalized in
the American Tobacco Company at
$7,500,000. As shown by a Government
report in 1908, the capitalization of this
company had grown to $22,000,000 and
dividends and interest of $16,000,000
bad been paid to shareholders. A total
profit of nearly $39,000,000 had been
made out of an original, capital of $250,
10Cv a profit of 15,500 per cent in only
23 years.
Still further illustrating the manner
in which enormous fortunes were piled
up by men who buy tobacco from the
farmers and sell it to the public is ex
am pled in the official report of former
Commissioner Herbert Knox Smith, of
the department of Commerce.
A tobacco truat which in 1900* had
only $25,000,000 of capital was in eight
Tears expanded into a corporation of
$316,000,000*. The earnings, of 13 per
cent on the $25,000,000 rose in the
period to 19 per cent on the $316,000,
000. So'profitable were the operations
of the corporation that the good will of*
the domestic business alone was valued
at the enormous sum of $148,000,000.
The greedy money changers of the
East cannot be made to see that farm
ers have a problem. Some folks not so
far away cannot see it. The almost
criminal profits of the tobacco kings
threaten to drive tobacco farmers out
of 'production just a3 the greed of the
Max Simel
The Pioneer Trader
i Furs Bought and
Soldi
! i
MinersV Prospectors^
and Trappers’
Supplies.
Steamer On the lnoka
»' River.
Ask tbe'People of Ophir about us.
,t —
8 STATION
Fairview, Irinoko River
meat trust is strangling livestock pro
duction and causing thousands of stock
men to reduce their operations or go
out of business altogether, and just as
wheat gamblers are driving wheat
farmers to the wall.
One of the most important needs in
America today is for the people in the
cities to study and get the viewpoint of
the men and women who feed and
clothe them.—Portland Journal.
STRONGEST NEWSPAPERS.
The best twelve American i, news
papers, judged by the strength of their
editorial pages, have been determined
by a poll of American editorial writers.
The poll was made by Greenville Tal
bott, of the Augusta, Ga.« Chronicle,
for the Editorial and Publisher of New
York, perhaps the leading technical
paper for newspaper men in the coun
try. The result of the poll showed the
following as the preferred list, .alpha
betically arranged, and nob in accord
ance with their votes:..
Baltimore Sun, Boston. Transcript,
Chicago Tribune, Christian Science
Monitor, Indianapolis News, Kansas
City Star, New York Post, New York
Times, New York World, Philadelphia
Ledger, Portland Oregonian, Spring
field Republican.
A similar investigation recently as to
which newspaper in the United States
is regarded as the most useful news
paper in the countrv by the newspaper
men resulted in a verdict for the New
York World. . The verdict: was based
on the strength and clarity of its edi
torials, the breadth and usefulness of
its viewpoint and the progressive and
fearless manner in which it takes up
and presses for solution problems of
vital concern to the American people.
The immense circulation of the World
aided it in getting a decision over some
other papers which have vigorous edi
torial pages and strong, constructive
policies.—Juneau Empire.
McAdoo’s Estimate jif Wilson.
New York.—“Woodrow Wilson the
mao will die, but Woodrow. Wilson the
apostle of peace i will live forever, ”
MeAdoo declared in a letter oo the
Globe, in response to a request for his
views on the former President. “I do
not agree with those who hastily ad
judge Wilson’s work at the peace con
ference as a failure.”
Riggs to Remain in Alaska.
Juneau.—Governor Rigg% will re
main a resident of Alaska after his
term of office expires.- He announced
recently that he bad been in (Alaska
for twenty-three years and saw no rea
son why he should leave the eountrv
which has become his home.
i San Francisco.—The new scale of
pay for the members of the Alaska
Fishermen’s Union is now under ne
gotiation here. The salmon packers
have notified the union that the scale
will be cut from nine cents to six and a
half this year, with $160 as wages for
the voyage. t
ATTORNEYS
Albrecht & Taylor
Geo. W. Albrecht, Iditarod, Alaska.
i Chas. E. Taylor,>l Seattle, Wash.
Practice'in all the Courts. .
Seattle'Law Office: L. C. Smith Bldg,
Elliott 1642,_
Rough and Dressed Lum
ber of All Kinds
INNOKff LUMBER CO.
Who Said Freighting
That’s our business and that’s where we shine;
in.other words where satisfactory service is al
ways given. Freighting between all points—
McGrath* Tacotna, Ophir, Iditarod, Cripple,
evennas far as'Ruby.
WI HI Jones
Febs
" KJi.
Ger
■J
ALASKA RIVERS NAVIGATION
COMPANY
5
\ Operating Light Draught Steamers
i On theKuskokwim*
*j fiapt: WallaceLangley, JManager.
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