ALASKA DAILY EMPIRE
tqhN W. TROY • - - EDITOR AND MANAGE!
Published every evening except Sunday by the
•RINT1NQ COMPANY at Second and Mnn Streets, Juneau
SUBSCRIPTION RATES.
silvered by ea...»i in Juneau, Douglas- Treadwell am
Thane for $1.25 per month.
By mall, postage paid, at the following rate#
'/re veir In advance. $12.tin; six month*. In advance.
*ree III* 11liv In advance. SJ.'tft; one month. In advance. 11 -t
gubscr hers will confer a favor If they will promptly notlf
"je Pur mss Office of any failure or irregularity In the ae
hi y o ' their papers.
l elephon' ,.,r Editorial and nualnes* Offices,
374.
MEMBER OF ASSOCIATED PRESS.
The Ass- dated Press Is exclusively entitled to the use ft
/-publication of all news dispatches credited to
I herwlse credited In this »*»*
Ished herein.
.- it °r "f
"rid also the local new# pub
CIRCULATION OUARANTE
t-OURI.E T1UT t IF ANY ft"
ED TO RF
'HER ALASKA
MORE THAI
NEW SPA PEI
A MINE THAT WILL MOVE MOKE EARTI
THAN THE PANAMA CANAL.
A ribacriber t< the Engineering and Minin
Jturnal-Prcss of New York writes tliat lie has hear
that there it a tingle mine in which more rock wil
ho moved than was moved in digging the Punain
Canal. An editor answers that, according to the Net
International Encyclopedia. 2152,353,0(10 cubic yards c
earth was excavated in the building of the Panam
Canal. According to the last annual report of th
Utah Copper Co., which operates a huge open-cu
mine at Bingham, t'tali, the total quantity of materia
—capping and ore removed front the property to th
end of 1021 was 145,000,000 tens, so that at th
prc.ent time the balance is heavily in favor of tli
1’anama Canal. However, Utah Copper is still
yrung mine. Or reserves were estimated at 362,
910,000 tons on January 1, 1922, which, added to tli
quantity of ore ulieady mined, 91,697,600 tons, woul
Indicate that the opet. lions at the Utah Copper min
will easily cur pas- the Panama Canal in size befor
the deposit is exhausted. In fact, when the hundred
<d thousands: of tens of capping that remain to h
stripped are coniiderexl, the total is probably mor
than twice the amount of material that was move
In building the Panama Canal. In many ways th
working of the Utah Copper mine is just as spec
tacular as the construction of the canal. A moim
tain is being razed in Utah, and a route for th
canal had to cut through many treacherous tope
graphical hindrances, from hills to swamps Both et:
(uprises have added greatly to the wealth of th
world.
AMERICAN CO-OPERATION ESSENTIAL.
Immediate co-operation with Europe in regard t
the intergovernementul dt lit question is suggested b
hr. Henry A. 1C. Chandler, economist of the Nationa
Bank of Commerce in New York. In support of hi
urgument Hr Chandler maintains in the Jauuur
number of the bank's magazine, Commerce Monthly
that conic of the principal debtors to the Unite
.States can not now effect payments without assumin
burdens that may perpetuate cliui tic conditions i
Europe. 'While he recogn/izos with the retur
to Hernia I conditions several of the debtors ought t
develop economic capacity to pay these debts, h
believer that the very existence of them operates a
oil effective block to 1 lie readjustments in Kurup
nccetsary to the return to normal conditions.
In this connection Dr. Chandler said
We may summarize the intergovernmental
debt situation as follows. With regard to
tlie economic capacity of the chief debtors
to the l nited States it would appear tliat
they will possess adequate capacity if some
thing approaching their relative prewar
productive and saving capacity can lie re
established and maintained However, wo
face such an extraordinary situation (for
which we find nothing coniparuble in pre
war history) that until more progress can
be made in the solution or present European
problems it will lie impossible to know how
tail Europe wilt return toward normal. The
principal question arises, therefore, not as to
the ultimate economic capacity hut as to the
time when the regular maintenance of this
capacity will be assured.
The capacity of the government to finance
the payment of those debts, however, is a
much more uncertain problem. Their ability
to pay depends uiHiijt so many future events,
s.ucli as the final outcome of the German in
demnity. the < ffect of future monetary read
justments, as well its political developments,
that the question of the financial capacity
of some ol the chief debtors must remain
very uncertain for a considerable time to
come.
We do know, however, that to pay these
debt" the governments ot several countries
must add great weight to tile unprecedented
burdens that they are now attempting to
carry.
We aha know that the critical condition
ol tlie (inames hits caused tremendous econ
omic losses since the close of the war and
that it is not impossible that the attempt
by the governments to carry too heavy litian
> rial burdens may in the future bring addi
tional economic lo se, ,>r gi-em weight. Cer
tainly the question of tlie time when normal
growth will be resumed depends to some
extent upon how soon balanced budgets,
1 table monetary conditions, normal exchanges!
t-tc., can tie reestablished. And these are
now impeded by the very existence of the
intergovernmental debt question Moreover,
the lution o 1 tliis qu<siiou in 15urope in
eluding tile question of reparation pavmeuts
is impeded by the present status of the
dobtu of the allied nations to the United
States.
Three courser, he adds, are open to the Unitei
States in ha-ndling the intergovernmental debt Bitua
Mon which is involved in many uncertainties urn
*
I coni pika! ions First, this country may insist in
I carrying out il.- :efunding program calling for early
| interest pay me - and amortization of the debts in
25 \iar Tin e argues, would contribute to the
difficulties under which European nations arc already
’ laboring and w dri endanger their chances for bring
ing about i< ration of normal business, political
and racial conditions. Second, it can let the matter
l continue to dr indefinitely, which means a passive
contribution t lie European deadlock. The third
. course involvt i titering an effective co-operation with
a view of adop ing whatever policy promises to oon
' tribute most t,> . speedy recovery of Europe.
There will he no general cancellation, all-around,
of inter allied debts, he thinks, lie thinks that their
cancellation t uitaneously with a radical reduction
r cf German imh unity would go far toward solving the
t problems but dmits that thi. procedure ts imprac
i tlcable. Titer - are alternatives between this and
'j the demand r immediate interest payments and
"j complete pavt tit of all debts in 25 years, lie advo
cates ]iberalit- in the requirements for interest pay
ment and an absolute postponement for five years of
ill intergovernmental debts and the German indem
nity. A general conference with all nations con
cerned represented at which all factors indispensable
to a wiluI ion are taken up in their proper relaticn
to each other i- in Id to lie a requisite step. "To any
one who envisages the whole European situation . . .
there shorn! be no hesitation as to what we should
do,” he concludes
Ignorance or Carelessness.
(Boston Nows Bureau.)
Despite the (tenuous effects made by the govern
nient, the pi' tlie banks anil other financial insti
' lutii its only about 25 per cent, of the called Victory
• j notes had boon presented for payment on the date set
i tor redemption. It had been anticipated that a con
siderable amount of the notes would remain in tlie
I hands of ignorant or indifferent holders, but the
Ciatiual result was far more disappointing than anyone
1 j had expected.
]; It ie a repetition on a larger scale of the story of
j j either economic illiteracy cr personal carelessness
f that already lias marked the course of our war debt
operation: Dust May, for example, it was calculated
taat tome T.ahu.OOO Liberty bond owners bud ne,’
1 looted to collect some $$3,000,000 interest due them.
e On previous occasions of “called” issues, many holders
t neglected to turn in their interest-defunct holdings.
I One can only surmise how much of tills neglect
(l is due to ignorance and how much to carelessness,
p! Probably, as yet. the former deserves the major part
of the blame, in leading to such lapses a» failure last
B ,0 exchange temporary for permanent bonds,
al’d ,l> heed or understand cull notices, or even iu
any event (o comprehend the cash quality of the
coupon. Sheer carelessness will probably bo always
with us,—us the long experience of the government
in mallei of both securities and Currency attests.
Already, without doubt, a good many war bonds
ha\e lieen lost or even destroyed. Strange repositories
J have been employed, despite all the repeated offers
0 h>' banks and others to take care of the bonds. When
Iclure refunding operations occur, and when, year.-:
hence, the maturity dates of (the big issues’ come
1 here may repeat itself this failure to attend to re
demption as well as to cash coupons—unless educa
tion shall have progressed much meanwhile.
AH *wch incidents are instructive and admonitory
a.; demonstrating how slowly the tufk of educating
-.the great public in financial affairs goes ahead- and
-also what reservoirs of capital, despite all thrift
e! campaigns, remain yet untapped.
The problem of Interesting the Kinall investor in
-uind investment and saving him from being a prey
to promoters of dubious enterprises is always a live
< nc. Unfortunately sound . securities are necessarily
sold on a very narorw margin cf profit. The smaller
investor is usually harder to sell, because the whole
subject is strange to him. than the larger investor
!• Salesmen cf “blue-sky" ,locks with a 15 per cent, to
s jU per cent- margin of profit can afford to take the
' Ume to win ''is confidence, while the reputable house
>; necessarily concentrates its, efforts largVfy on in
.| visitors of larger means In the effort to "turn” its
instock of bonds rapidly
Meanwhile Uncle Sam will, in the long run. make
. *i tut, man
pretty penny through his oltizon-investors' lau.i
III I (irui/vn ...1.1 .1 . i.
i!“,,d added to his “gains" made through re
, dr millions via sinking funds when the bond price
‘I were til b^t antially below par
3 I
Is Intelligence Dying Out!
(New York Wold.)
Prof. Terman of Stafford University, one of the
1 foremost experimenters with intelligence tests,
reaches two disheartening conclusions about tile
j human race and makes them public simultaneously
.Pint, if a man isn't born with an unusual mental
j equipment lie will never be unusual; second the
! average intelligence ot tiie race is decreasing and
j genius will be scarcer in the future than in the past
j This being the case, would it not be better for hu
manity to quit now while its reputation is still good
.than to descend from century to century into darker
neptIts of uupidity, culminating, no doubt, in the
j oblivion of the oyster?
If Mr. Term an is correct, we have passed high
'water m*rk and the rest is going down. Hut human
intelligence is a difficult field to chart and Mr. Tor
man may be wrong, lie who would sit in judgment
jun the brain of his neighbor should first know every
I thing there Is to he known, and no professor of
education ever knew anything . He who would decide
■ whether ancients or moderns take the palm on the
| average for mother-wit should have all the data on
, hand, and there are practically no data on this
i subject.
It is true that the past offers more specimens of
khmi genius than the present, hut that would always
be true, for vastly more men have lived than are now
'Inc and each age has had a man or two of note
A tor Mr. Termans final clinching argument that
mentally competent are slower in reproduction
Milan the mentally incompetent, could it not have been
! arguod as convincingly in any age, in the age ot
, Pluto as well as in our own? Yet there were great
jmen after Plato, and in spite of ail lie can suv to the
contrary there may be great men utter Prof Terman
Austrian doctors are said to have fixed upon a
leaf of bread as the fee at present for an ordinary
' fTue visit, but no surgical cases an- treated prob
ahiy without a commensurate amount of butter —
i New York Herald I
The saloon was the "the poor man's club" berore
I prohibition, and in these days or sort-drink stands
i club life attracts many who care nothing for pop -J
' Louisville Courier-Journal.)
Thanksgiving or no Thanksgiving, the cost of
Turkey to the civilized world Is going to rise higher
and higher.— (Boston Transcript.)
History of man: 20 to 30, hardship; 30 to 40.
hard-boiled; 60 to 70, hard arteries—(Baltimore
I Sun .)
1 ■__
Amcrlcans aro ready to disarm, provided their
i wives will do It Qrst.—(Nashville Tennessean.)
■-■
ALONG LIFE’S DETOUR
By SAM HILL
i
I———-■
Observations of Oldest Inhabitant
What has become of the old-fash
ioned nirl who thought she had t >
get under the mistletoe to he kissed?
Not So Good
"Pa." said Clarence, “they always
'are talking about the good old days,
but weren't the nights good, too?" j
Ma being present his dad didn't i
dure say a word about those happy |
times.
Famous Lies
“It won't hurt you."
"Yes. the price has been greatly
reduced.”
"This is the .real stuff."
“Never again."
“I get 20 ou a gallon."
“Youll never have any trouble
with this car."
“1 was detained at the office."
"Til return this tomorrow," etc.,
etc., ad infinitum.
Of All Sad Words, Etc.
An ad in Tramp Starr's Milan
ilnd.) mag. says: "The appreciate T
| gift comes from Beer, the jeweler.
"Still, Tramp, we know a lot of fel-|
'lows around these diggings wh >
would appreciate the Be *r -hut never
; mind the Jeweler.
If It Fits—
T!ie reason a boy likes his father:
, better than he does his mother is
I because his dad npver thinks be
looks < \>te with Ions curls or dolled I
up like a sir],
Uter he has been married a while
| a man thinks the government should
make the bachelors pay all the taxes,
and exempt all the married men.
A good many people's religion r >
minds us of a kid's music- They
i never practice it enough to make
] much of a hit with it.
it is as natural for women to be
jealous us it Is for them to breath *.
Otherwise* the woman who has mar
ried a dumbbell who looks lika
something the cat brought in never
would lie awake nights worrying lest
| some vamp was going to walk off
with him.
Pride often does what love won't.
Many a man who doesn't care much
{ for his life 'partner will buy her tine
clothes because he wants his wife
! to be dressed better than any one
| dse.
II is getting so any girl is willing
, to marry any man if lie lias enough
money saved up to pay the first in
stallment on a motor car.
A man always is putting off the
things he ought to do, but have you
ever noticed how prompt he is in
doing the cussed things he ought not
J to do?
We don't envy a preacher. If he
preaches long sermons folks growl
j because he is so long winded, and if
| he makes his sermons brief they
kick because be is too lazy to earn,
i his money.
This world never will be perfect
until it Is as easy to get rid of colds,
j as it is of money.
Many a girl would make a fine* j
artist's model, but never could quali-l
i fy as a model wife.
I _
Daily Sentence Sermon
Age is the traffic cop that slows
| up a fast man.
—
News of the Names Club
j Will -Seagravns, of Lebanon, Tenn..
j is an undertaker, so L. M. informs
us. You say it.
I. Board, of Indianapolis, lias just
been married, so lie no longer has to.
Will Bugler, of Plymouth, Mass.,
has been engaged to sound reveille
and taps for the club.
Says Africa Flows
With Milk and Honey
NEW YORK. Jan. 10.—Africa as!
Hu Cortt in en of (iia.;. .\i:.-uu 1 t-J
standings, rather than the Park Con-1
j tinent, and as a land flowing with
milk and hon - instead of the Last I
| Fronltier for i nar.'tteists athirst for!
j wild thrills, the theme of a re-!
: l-ort publish.-1 today by the Phelps
Stokes Fund for an interna.lonal!
| commission, wireh has just returned
j tram a 10 ui mths' investigation. |
Tiie immense and varied physical
| resources of Africa are virtually un-j
j known to civil ignition, says Dr.
I Thomas Jess . Jones, author of the
report, because previous research is
were made for private or governmen
tal us.*, and the results ewre not pub
i Ifshod. lie i-ml f»ts that the popular
| conception o| Africa was derived
i from journalistic accounts.
-- -
Old bundles ot newspapers at tb*
Empire, 25 cents.
British Debt Commission
Now in America.
This phc-tcgt'aph is cf Stanley j
Baldwin, British Chancellor of the j
Exchequer, wft . with members of i
t.he Britifh Dobi Commission, has
arrived in the I'nited States to |
dismiss the British war debt and
to attempt to fund the debt and
reduce the interest charge of 4 1 j
per cent demanded by Congress.
When Marion Harris, one of vaude
ville's brightest stars, made her first
phonograph record some years ago her
total capital was 37 cents Miss Harris
still has the 37 ccnt3 and almost a
hundred thousand dollars besides to
say nothing of a beautiful country
place at Great Neck. Long Island, and
a winter home in North Carolina.
These vaudeville and phonograph sing
ers must find life "one grand sweet
•ong”—what?
ATTENTION A. N. B.
Election of'officers of the Alaska
Native Brotherhood on Thursday!
afternoon next at four o’clock. Mem-!
hors must rente.
SEWARD KNI'Z.
—adv. President.
Ixtst something? You can get It
hack by using the “Ixtst and Found" ,
column of The Empire.
ALASKAN VEGETABLES
We have an abundance of cab
bage. carrots and rutabagas for
immediate delivery from our
warn c'zrzzi
CONCRETE PRODUCTS
MFG. CO.
Willoughby Ave. Phone 32.
BEST EVER
MUTUAL LIFE
INSURANCE CO.
Now offers additional attractive
Disability Benefit features.
NONE OTHER SO LIBERAL.
ALLEN SHATTUCK
INSURANCE REAL ESTATE
ESTABLISHED 1898
JUNEAU TRANSFER
COMPANY
Move*, Packs and Stores Freight
and Baggage.
Prompt Delivery of
LADYSMITH COAL
Phone 48.
PROFESSIONAL
i
1
Dr*. Kaser & Freeburger
DENTISTS
1 and 3 Goldstein Bldg.
PHONE £6
Hours 9 a. m. t& 9 p. e.
Dr. Charles P. .fence
DENTIST
Rooms 8 and 9 Valentine Bldg.
Telephone 176.
Dr. DeVighne
Malony Building
Hours 1 to 4, 7 to 9.
Phones: Office, 104; Res. jog.
■--1
Dr. A. W. Stewart
DENTIST
Hours, 9 A. M. to 9 P. M.
SEWARD BUILDING
Office Phone 469.
Re?. Phone 27 6
Dr. W. A. Borland
Physician and Surgeon
Juneau Music House Bldg.
Telephone 172.
Sitka Hot Springs
Visit the Famous
Dr. F. L. Goddard’s Sanitarium
Rates $3.00 Per Day and Up
Every Comfort
GEO. L. BARTON
(PALMER)
CHIROPRACTOR
201 Goldstein Bldg. Phone 269
Office Hours: 10 to 12 A. M.,
2 to 5 and 7 to 8 P. M.
Dr. H. Vance
OSTEOPATH
437 Goldstein Building
Hours: 9:30 to 12; 1 to 6;
7 to 8, or by appointment.
Licensed osteopathic physician.
Phonos: Office, 107; res., <672.
All Alaskan Trails End at
HOTEL ATWOOD
First Ave. and Pine St., Seattle
Popular Prices. Nearest to Ev
erything. J. A. Farnham and
Ted Taylor, Props.
H
HOTEL SEATTLE
i
“Home of Alaskans”
Prices reasonable. European
plan. Seattle, Wash.
R. L.. HODGDON, Manager
■-1
It's all in knowing HOW to do
lirst-class cleaning and dyeing.
CAPITAL DYE WORKS
C. Meldner, Professional Dyer
and Cleaner. Phone 177.
I-I
■-,
j JAPANESE TOY SHOP '
- I
H. 2 MAKING
Front Street
! F. 0. Box 218 for Mail Orden
i-1
Fraternal Societies
-OF
Gaslineau Channel
O . ELKS
Meeting Wednesday
Evening's at 8:00
o'clock, Elks' Hall.
ARTHUR B. COLE,
Exalted Ruler.
JOHN A. DAVIS,
Secretary.
Co-Ordinate Bodiei
of Freemasonry
Scottish Rite
Regular meetings
second and fourth
Fridays each month
at 7:30 p. m. Odd
! Fellows’ Hall.
WALTER B HEISEL, Secretary.
i. o. o. r.
SILVER BOW
LODGE NO. S A.
Meeets every Thursday at 8 P. M.,
■ Odd Fellows’ Hall.
Merle P. Morgan. Noble Grand; Frank
O'Brien, Secretary.
MOUNT JUNEAU LODSi
11 No. 147, F. & A. M.
Stated Communication
Second and Fourth' Mondays
of each Month, In Odd Fellows
l Hall, beginning at 7:3# o’clock.
_ R R. YOUNG. Maater.
CHAS E. NAGHEL. Secretary.
Order of the
EASTERN STAR
Second and Fourth Tues
days of each month.
At 8 o’clock, I. O. O. F. Hall.
ALICE BROWN, W. 11.
LOIS NORDLING, Secretary.
KNIGHTS OF
COLUMBUS
SECHBRS COUNCIL No.
1760. Meetings second
and last Monday* at 7:3tl
^ rn. Traissient Broth
ers urged to attend. Council Chambers
Fifth Street. John F. Mullen, Q. K.
,1. L. McCloskey, Secretary.
AMERICAN LEGION
Alford John Bradford
Post No. 4.
Juneau, Alaska.
Meets fourth Thursday
each month at 8 p. m.
! Elks’ Lodge Room. John F. Starr,
! Post Commander, Phone 971; G. E.
Mann, Post Adjutant, Phone 196.
t LOYAL ORDER 0»
\swXim MOOSE.
Juneau Lodge 700
Meets every Friday
night, 8 o'clock,
m Moose Hall. Thoa.
B. Judeon, Dictator; R. H. Stevsna,
Secretary.
* WOMEN OF MQOST.BEART
. I LEGION
Juneau Chapter No. 489
| Meeting second and fourth
I Tuesday of each month, 8
o'clock, Moose Hall. Senior Ra
[ gent, Mrs. Sigurd Wallatadt.
| Secretary, Mrs. C. H. Chamber*
| lain.
I | ■ ■■■.»■ a ■■ ■ ■—
» # AUXILIARY, PIONEERS OF
ALASKA, Igloo No. 6.
Meets the 2d Monday In Moose
Hall, at 8 o'clock.
In Moose Hall, at 8 o’clock.
ALICE LAUGH LIN, President.
LILLIE BURFORD, Secretary.
-■
PERSEVERANCE REBEKAH
LODGE NO. 2A.
Meets every first and third |
Tuesdays In I. O. O. F. Hall, at
8:00 P M. BESSIE MANNING,
N. G ALPHONSINE CARTER,
Secretary.
I
WHY A SAVINGS ACCOUNT
IS A GOOD INVESTMENT r
fiYou may add to the account at any time in any
'amount.
flYour account is not subject to market fluctuations
but is constantly g-rowing.
flYour account is always available and provides an
unfailing reserve for emergencies and business op
portunities.
JfPays four per cent per annum, compounded twice
a year. If you do not withdraw your interest it
continues to earn interest upon the interest, making
the rate better than four per cent per annum.
Accounts of One Dollar or more may be opened in our 2
v Savings Department. Ts
Tiie B. M. Behrends Bank
JUNEAU, ALASKA.