ALASKA DAILY EMPIRE
JOHN W. TROY - - - EDITOR AND MANAGER
Published every evening except Sunday by Ih. KMPIRf.j
PRINTING COMPANY nt Second aiul Main Street*, Juneau,
Alaska. _'
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Mb rw*is*' credited In this paper and also the local news pun
HsI ed herein. _
A REAL TEST OF LEADERSHIP.
With approximately six weeks left before it ceases
to be, the Sixty-seventh Congress lias ahead of it much
work of considerable importance. If the country is to
have a rest from legislation, as President Ilarding
lias said all along is needed, the nation's lawmakers
must speed up the machine at Washington to a higher
rate than It has operated since the beginning of the
special session last November.
There is the ship subsidy bill still pending which
was tlie reason for calling Hie special November term.
It drags from day to day, kicked about from pillar to
post and kept on the dodge most of the time in an
.apparently futile effort to k^eep out of the way of the
Farm Bloc's farm credits legislation. The latter is
also a tlnrn in the side of the Administration which
is anxious to do something beneficial for Lhe agricul
tural industry without committing itself to a policy
of economic heresy. Its own conservative program for'
farm relief lias run afoul of the more radical demandsj
of. the blr.c and neither seems to have progressed!
beyond the Initial stages. Departmental re-organiza->
tion was handed a body blow almost as soon as it
appeared on tlie stage and is still to lie settled. Immi
gration legislation is hold back and a fight is being
staged between capital, which desires unfettered ad
mission of aliens, and labor which seeks to bar them
all out. The Administration’s task of steering a safe
course between these two epposites Is not made easier
by their determined advocacy of extreme courses.
Added to these matters are two or three constitutional,
amendment proiiosals. Two are included in the Ad-!
ministration's own program—elimination of tax-j
exempt securities and a child labor constitutional
amendment. The third is advanced by. some new
blcod in the Senate which seeks to abolish the elec
toral college and change the date when the new Con
gress convenes.
These are all domestic it .sues. In themselves they
contain matters of great enough moment to occupy
the entire attention of the Ad mi nit tart ion. The in
ternational situation, however, is so complicated as
to make it Impossible for it to lie ignored. Difficult
ties encountered by the United States Debt Funding:
Commission, largely bv reason of the restrictions
imposed on it under the law which created it, make
it imperative that Congress remove such limitations
as tend to prevent the Commission from functioning.
The question of whether or not, and. if so, how, the
Fnited States shall participate in any endeavor to
effect an ecommic cettlement in Europe is preeaing
hardly anil demands immediate decision.
The President has declared that there should be
no extra session of Congress this year and that Con
• ross should conclude its labors, dealing with all the
questions presented, by March 4th. It ja clearly
i .parent that it this desire is fulfilled the President
will have demonstrated his ability as a leader. It it
a real test of leadership that confronts him.
SOCIALISTIC PROJECT FAILS TO THRIVE.
Queeslund, Australia, has tried many ventures that
verse on eoclaMsm, hut practically all have come to
Krief. A state mining undertaking that appears to
hate proved even a greater failure than some of the
others, hot It from a financial point of view and from
its failure to give any material assistance to the min
ing industry, is the Irvinebank hattcry and tin treat
ment works. 1n the Uerberton district, North Queens
land, Bays a writer in the Engineering and Mining
Journal Pr< s of New York These works, together
■with a tramway 30 miles long, connecting trvlno
bank with the Cairns-t hillagoc railway at Boon moo.
were bought by the government from the lavlnebank
Mining Company in 191!>. and in the following year
lucre war trealod thereat for customers working and
owning mines in the locality a quantity of ore that
produced .'SO tons of tin,
Lai! year, aowever. the low prices ruling for
metals canned these minors to hold back their ores,
ami for the want ot supplies the smelters were closed
down, although some work was thereafter done in
the ke ping of the buttery going for a time to provide
concentrates During the calendar year the receipts
from the works were 116,800 from the sales of
metals and stores and the expenditures was £15,35:,
for Winner. wages, and general expenses, together
1 101 ihc purchase of stores, or u total
expenditure of Tho AutlUor (;e,u,ral, wllQ
is an official appointed by Parliament to investigate
and report on all revenue and expenditure received
and paid by the government, has, however, dealt will,
the accounts for the financial year, bringing them
up to the end of June last. For this period the lor
was £5.708. including interest, and the accumulated
lc. s from th< inception h. hc» n Uo-4.65^ The
asset*: are valued at .t77,43y.
COMMISSION HITS SNAG.
As the foremost authorities inenfational flnau
ciai and economic conditions haw predicted for many
months, the American World-^Var Debt Funding
Commission has reached an imp.: n has found
that tt cannot carry out the program assigned to it
by the President and at the same time stay within
tl\e limits of the law under which is was created.
It has progressed tar enough with its work to discover
that either the law, which specifies the manner in
which agreements may be made with debtor nations,
must be radically amended or the Commission may as
well be discharged.
In the debt funding act passed by Congress several
months ago. the Commission was restricted to explicit
terms for rates of interest and the time limit for full
payment was fixed at a maximum of 25 years. This
is tho snag which lias stranded the Commission and
which, uni'. a removed, will probably make it impos
sible for it to function. Just what arrangements it
can make for funding the debts owed to America by
European nations is a matter for the future to decide.
The present Administration takes the attitude that
these debt- are in no way related to the reparations
question. The debtor nations, unless it lie that Great
Britain is an exception, take the contrary view and
until there is a satisfactory settlement of repfkwtlttis.
which now f erns far distant, the Commission's task
steins an impossibility, if it will facilitate that task
to remove the limitations placed thereon by Congress,
the latter should act without delay. There is no
reason why tlie (’resident and the Secretary of Treas
ury should not li" entrusted with plenary powers to
handle the matter as in their judgment seems best
and wisest. The country at large has confidence
enough in them to trust to their judgment. Congress
should net have less.
I,tinker Fnrni Credits.
(New York Evening Tost.)
In principle there Is nothing objectionable i:i the
recent action of the Federal Reserve Board in au
thorizing the rediscount by member banks of bank
ers' acceptances of six months’ maturity, drawn by
growers of staple agricultural products or co-opera
tive marketing associations. The Federal Reserve
Act has already been amended so as to extend the
rediscounting operation of Reserve banks to agricul
tural paper of six months' maturity, while tho limit
for commercial paper remains fixed at three months.
Hertaofore bankers’ acceptances of the nature indi
cated had not been officially recognized as "agricul
tural paper" and consequently were not available
for rediscount if the period of maturity exceeded
ninety days. The now ruling places a liberal inter
pretation on the meaning of agricultural paper, but
the Board is at pains to point out that "there is a
distinction between carrying products for such pe
riods as are reasonably necessary and mere specula
tive withholding from the market in the hope of
obtaining higher prices." It further directs attention
lo the fact that under the Federal Reserve Act "paper
drawn to finance speculation is ineligible for redis
count.”
The extension or a limited portion of a bank's
credit for a period of six months Is sound, provided
that the recurlty is good and provided further that
the granting of such credits is spread over a suffi
cient period lo effect a gradual succession of matur
ing obligations on successive days and thus to main
tain tlie fluidity of the member banks’ assets. Expe
rience has shown that the average maturities of paper
presented for rediscount vary from something like
a week in large cities to a hundred days In agricul
tural towns. Noll her in the case of commercial paper
nor in that of agricultural paper is there at present
a disposition to take full advantage of the limit.
Such paper Is usually held in the portfolios of the
member banks for most of the time that it is to run
and presented for rediscounts only when reserve
funds are low. There is no reason to fear, therefore,
that the Reserve Board’s recent regulation will be
followed by any demands for long-time credits that
'■ill Impair tho liquidity of the Reserve banks’ re
sources.
On the other hand, il Is a matter cf no little regret
’ iiat this action should have come at such a time
a.-, to create the impression that the Board is vielri
nig to political pressure from Congress. Members
<>1 liie farm bloc will undoubtedly interpret this action
as a concession to their demands and as affording
proof or the correctness, of their criticisms of i lie
Board. Moreover, it may tend to encourage them to
pursue with renewed vigor their demands for favors
to special classes and the adoption of unsound bank
ing policies. If the ruling of the Federal Reserve
Beard should servo to stimulate such activities it
would bo most unfortunate, not least ’for the farmers
themselves. Such additional and legitimate credit
tutilities as may be needed, for example, by stock
growers should be provided by special agencies. The
Federal Reserve System must be kept free of med
dling Influences, political and inflationary, to per
form its essential stabilizing function.
As Our Markets Disappear.
(Cincinnati Enquirer.)
No doubt it Is silly to make a fetish of the policy
or isolation amt even worse lo permit tile powers of
the Government to be used for the benefit of a class
or a special interest. Both Blaine and McKinley,
ardent disciples of the protective tariff school, saw
and preached the necessity for reciprocity. McKin
ley's last public words formed a plea lor its exercise.
Through a hasty and ill-considered special tariff
we have driven away, to a great extent, the trade
and commerce with our neighbor to the north, the
Dominion of Canada. That growing country must,
therefore, find her markets elsewhere. Already it has
entered tho imperial combination with England and
her sister dominions about the earth whereby ad
vantageous preferences are granted her products
when exported.
There is now being completed a special Franco
Canadlan commercial treaty under which those coun
tries stand to profit commonly, while this country
cannot but help lose as long as tho present tariffs
remain as they are. France is given preference
alter Great Britain, and many Canadian exports will
enter the French market at lower rates of duty.
The Fielding treaty of reciprocity, negotiated by
the Taft Administration, remains unratltted, though
Canada has sent her representatives to Washington
seeking favorable action. While our markets are thus
clipping away under our very noses, we are regaled
with pompous turgldlties in Congress concerning our
"magnificent isolation" and "superb independence”
and "untied hands." Presently we shall be in the
p<‘orhouse of nations. What was it that the hungry
women of Paris said to the bomlastic and tiresome
National Convention during the French Revolution?
Was it not: ' Bread and not long discourses, mes
sieurs?'’ There is to be found here a parallel.
Because the Electoral College hasn't a winning
football team W»Y he the reason some folks think It
out of date.— (Pittsbni .'h Gazette-Time- )
Trade stall'ti — indie. 9 that we have reached that
stage of the busin* le known as the buy-cycle.
— (New York Poet
There are .x V on' s in Congress. It is hoped
It will not prove i othe ase of “too much Johnson.”
— (Pittsburgh nis At-h )
! ALONG LIFE’S DETOUR
By SAM HILL
l
■-■
Observations of Oldest Inhabitant
Tho old-fashioned man who was
content to get $2 a day for a real
day's work now has a son who
growls because they expect him to
give any kind cf service at $4 an
hour.
May Be Right, at That
“Pa, what is a cynic?” asked j
Clarence.
‘lit is a man who thinks that even
if .1 woman lost her voice, both.
hand.,, her feet and her eyes in a
wret k ohe still would find a way to
talk,” replied his dad.
Fool Questions
“Disgusted” asks. “Why on earth
do they ever release these terriblei
comedy films? They ought to be
kept in for life without it chance of
pardon—most of ’em being unpardon
able.” May be Governor Len Small
has charge of that part of the busi
ness.
That Was Different
“Tho cook has taken her ! 'ave,”
cried Mrs. Smart.
“Well, if It was hors she had a |
rieht to take H didn't she?” asked
her facetious husband.
“Yes, but she took our silver, my
rings, your diamond pin and the bot !
tl - of brandy yon were saving up
for tlie Fourth of July,” retorted his
wife.
The mention of tho brandy was
why ho engaged every detective
agency in town (o get busy on the
job.
Evidently Colors Were Not Fast—or
Were They?
(From Divorce Notes in Dalasi
News.)
(freon French vs. Mary If. French,;
divorce; dismissed by plaintiff.
Dink Irvan vs. Lydia Irvan, di
vorce; dismissed for want of prose
cution.
Gems From Guide Book to Success j
The hud becomes a wondrous flow-1
er only by absorbing the elements
which contribute to its progress. In
like manner does the boy or youth
become a man of worth.—J. E. F.
A Pertinent Subject
(Church Notice Limped in Manches
ter Guardian.)
Services at 10:30 a. m.
Subject:
"The Three Groat Failures."
Choir.
Sermon..
■Pipe Organ Offertory.
If It Fits—
The way thoir sons turn out does
rtt: worry some mothers, but it near !
iy mortifies them to death to have
their daughters turn out to be old I
maids.
When a husband and wife won’t
fall in with each other's plans they |
are pretty sure to fall out.
Nobody believes more in the value
of a good appearance than a hypo
crite.
You can do a lot of things, but '
you can't make the girl who thinks I
she was born to be a Movie Queen!
believe her mother has any right to
ask her to help wash dishes.
It doesn't make any difference how
hot-headed a woman may bp, she al
ways goes to bed with cold feet.
An expert is a man who always
can toll the other fellow how to do
the things that he himself can't do.
A physician says tight shoes ag
gravate attack; of neuralgia, but a
woman would rather suffer from a
splitting hoadacho any day than
have her feet look big.
It ‘is getting o a daughter thinks
her parents ought to he reported to
the S. P. C. A. if they try to makej
her put on high shoos just beeause’
it is down to zero and there as a '
foot of snow on the ground.
The ladies aro now wearing long I
linos, long sleeves, and long skirts;
and since such fashions require so
much long green the men are wear
ing long faces.
A highway cin't be any more In !
dignant it : n ; ug so little on his1
vietdni lii.in ins wife can be when
sue find's i little in his trousers
pockets when she frisks them.
Many a wife would be satisfied il
her husband would treat her with
n much consideration as he does his
stenographer, and this stenographerj
would lie satisfied if only she could j
talk back to him as his wife does.
And there you .n‘o!
Daily Sentence Sermon
You've got to ho a *10,000 man
to get that kind of a job.
News of the Names Club
1 R. Selph reported from Dal
las. Ion say it yourself.
A. Hogg, of Memphis, not being
of the road hop variety, has been i
admitted to the club.
We have notified C. M. that Dina
Mate, who, ho says, lives in Macon
Is too explosive to have around, so
we ha Vo turned hor down.
IDAHO PENITENTIARY
MAKES MONEY RAISING
turkeys for holidays
DOI.SK. Idaho, Jan. 1S.—Tur
raised at tIk- Idaho State Pen
t:ary hero and sold during the
cent holiday -< ; jon, netted *fi
according to announcement by ’
den Cuddy Tia ■ turkey flock at
prison is one of 'the largest in
Mate and each year a large
: earned through sale of tile 1
to California and Eastern buyers
Old papers ror rate at Bmpir
Japan’s Prince Regent
Goes to Worship.
The Prince Resent of Japan,
heir to the throne, fa shown here
leaving a temple of Tokio. where
he had been to worship the spirits
of his ancestors.
ELECTRIC HEATING
SAID TO BE SUCCESS
TACOMA. Jan. 18.- Electric heat
ing Is a success when homes are
especially built for that purpose,
in tho opinion of the Seattle section
of tho American Institute of Elec
trical Engineers at a meeting here.
The result of electrical heating were
discussed with tho conclusion that
houses isliruhl be built to,retain boa; j
if the use of electricity is to be
come both economical an l efficient..
More homes arc heated by elec-,
tricity hero than in any other city:
in the Unite I Stat: a it is claimed.!
a total of 1,!)78 being s-t» heated in
1922. This i:t thought due to low
heating rate of $9 a kilowatt peri
year, and only tiie limited capacity!
of tho present city waterpower plant!
prevents many additional families i
from adopting electrical heat.
Work by the city of constructing:
a n 'tv po wer plant on I.ak ■ Cush- j
man is now in progress, and with
its completion, in a fetv years, a
great increase in Ino uso of elec
tricity for heating and cooking is
anticipated.
The city’s income from electrical
heating is now more titan $100,000
annually.
YOU Ft ’'UNUSED" ASSETS—that
typewriter, musical instrument, fur
niture. office fixture or appliance—
are marketable, for cash, through
Die classified columns (jf The Empire.
ALASKAN VEGETABLES
We have an abundance of cab
bage, carrots and rutabagas for
immediate delivery from our
warm storage.
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
BRIQUETS
Ideal
luel for
every
purpose
Large stocks on hand
Ladysmith coal.
Nanaimo cos'
PACIFIC COAST COAL
' . COMPANY
Phono 418.
PROFESSIONAL
a
.
a
Drs. Kaser & Freeburger
DENTISTS
1 and 3 Goldstein Bldg.
PHONE 58
Hours 9 a. ns. to 9 p. k.
a—--—-— -
Dr. Charles P. Jenna
DENTIST
Rooms 8 and 9 Valentine Bldg.
Telephone 176.
GEO. L. BABTOH
(PALMER)
CHIROPRACTOR
201 Goldstein Bldg. Phone 269
Office Hours: 10 to 12 A. M.,
2 to 6 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.
Phones: Office, 167; res., 1672.
All Alaskan Trails End at
HOTEL ATWOOD
Firpt Ave. and Pine St., Seattle
Popular Prices. Nearest to Ev
erything. J. A. Farnham and
Ted Taylor, Props.
HOTEL SEATTLE
"Home of Alaskans”
Prices reasonable. European
plan. Seattle, Wash.
R. U flODQDON, Manager
It’s all In knowing HOW to do
first-class cleaning ar.d dyeing.
CAPITAL DYE WORKS
C. Meldner, Professional Dyer
and Cleaner. Phono 177.
■---a
■-J
[ JAPANESE TOY SHOP I
r -
H 8. MAKIH0
I Front Street
I P. 0. Box 218 for Mail Orders
Fraternal Societies
-GP
Gastineau Channel
0 . SLXI
Meeting Wednesday
Evenings 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 tourth
Fridays each month
at 7:30 p. m. Odd
Fellows’ Hall.
WALTER B HEISEL, Secretary.
I. O. O. F.
SILVER BOW
LODGE NO. I A
Meeets every Thursday at 8 P. M.,
Odd Fellows’ Hall.
Charles E. Perelle, Noble Grand;
Merle P. Morgan, Secretary.
MOUNT JIJNEAU LOOfl
No. 147, F. a A. M.
St.ited Communication
Seer,ml and F nirtti Mondaj
of each Month. In Odd Fallon
Hall, beginning at 7.JO o’clocl
R„ R YOUNG Master.
CHAS E. NAOHEL. Secretar
Order of the
EASTERN STAR
Second and Fourth Tueo
duya of each month.
At 8 o'clock. I. O. O. F. Hall.
ALICE BROWN, W. M.
LOIS NORDLINQ, Secretary.
KNIGHTS OF
COLUMBUS
FEGHE RS COUNCIL No.
17U0. Meetings second
and last Mondays at 7:3ft
p. m. Transient Broth
to attend. Council Chamber*
John F. Mullen, Q. K.
pru urged
Fifth Street.
1. L. McCloskey, Secretary.
Elks
AMERICAN LEGION
Alford John Bradford
Post No. 4.
Juneau, Alaska.
Meets fourth Thursday
each month at 8 p. m.
Lodge Room. John F. Starr,
Post Commander, Phone 978; G. IS.
Mann, Post Adjutant, Phone 196.
LOYAL ORDER 0*
MOOSE.
Juneau Lodge 700
Meets every Friday
night, 8 o’clock.
Moose Hall. Thoa.
B. Judeon, Dictator; R. H. 8t evens,
| Secretary.
I
WOMEN OF M00SEHEART
LEGION
Juneau Chapter No. 439
Meeting second and fourth
Tuesday of each month, 8
o’clock, Moose Hall. Mrs. C. W.
Bender, Senior Regent; Mrs. A.
F. McKinnon, Secretary.
AUXILIARY, PIONEERS OF
ALASKA, Igloo No. 6.
Meets the 2d Monday In Moom
Hall, at 8 o'clock.
ALICE LAUGHLIN, 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. ALPHONSINB CARTER.
Secretary. ,
--l
WHY A SAVINGS ACCOUNT
IS A GOOD INVESTMENT
flYou may add to the account at any time in any
amount.
fiYour account is not subject to market fluctuations
but is constantly growing.
fiYour account is always available and provides an
unfailing reserve for emergencies and business op
portunities.
f[Pays 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
Savings Department.
The B. M. Be! trends Bank
JUWEA r. A 'KA. u
1