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Entered as oecopa-class matter. Au,
gus^ 29th,, J^2S* at the po^fljce^at
rpkotna^ Alaska, under the Act of
March S, 1879.
Takotna, Alaska, April 1} 198a
ROOSEVELT SET TO SLASH
COSTS BY HALF A BILLION
WASHINGTON.—President Roose
relt- will ask Congress for blanket
authority to wipe a half billion dol
lars from the Federal budget in cuts
in veterans’ compensation und_ {sal
aries.
He also probably wjtbday before
Congress a pfoppsai f'pr a S500,000c
#00 .bond issue spent in employ
ing approximately 500,900 men in re
forestation, flood control, power de
velopment and vast internal improve-,
merits.
Astonished ,Congressional leaders
were kept at the White House until'
after midnight, listening to the far
reaching program and talking it over.
General support was indicated,_ but
general agreement was sought or
reached.
The bill to go before Congress at
noon today puts the authority in the
hands of the President to make the'
reductions he contemplates. There
are limitations, however.
The salary reductions for Govern
ment workers and officers are to be
based on the cost of living standard.
The. cuts may not exceed a total of
15 per cent. That total is to include
the existing pay jcut. of about 8 1-3
per cent.. How^vjer, the present pay
reduction^ and furlough system are
wiped out t.n]fci£elyrafldkj» “new deal”
is due on -salaries. ^
As for the,veterans, it4s fo.be stip
ulated that persona,.entijjqd to pen
sions or compensation Up be those
whose disabilities originated in
service.
Reduction also is to be ipadftlin..the,i
compensation for emergency officers’
retirement pay. They will receive
reductions equal to the cuts to be
made for retirement pay of the reg
ular army officers.
The estimates for savings on the
veterans’ compensation run from
$330,000,000 to $400,000,000. An ad-1
ditional $100,0000,000 saving is to *be
.eff ected by the salary cuts.
Discussion was n9t completed on
the unemployment bond issue, but the
legislation is fairly well in shape for
presentation to Congress.
This money is to be used under the
Departments of Interior. War, Labor;
and Agriculture. An establishment
to carry out the project is now being
shaped by the President. He is pre
paring ways and means, also, of get
ting the idle of the metropolitan cen
ters into action on the inland im- j
provements.
‘GOI^D HOARDERS’ NAME^
WII^ $E JCAggN.,.$&!!. S. |.
WASHINGTON— Instructiims to
to forward Jtq, W.ajhjpgton Harney.
of all individuals , who . ,\iave with
drawn gold from piember.fcbijnkft since
February 1 have beep dispatched to
the twelve Federal jResppve b^nfcs.Jjy
the Reserve Board her?,
Reserve Board officials ^ indicated
that the move wgs- made as a. partj.pf
Preside .'Jgf IMjpsjk :.v plat}
for drawing hoarded gold baeH«into
the vaults of the Reserve. .Svstem
where it can, be made the basis for
an expaBsipnj gf tj^e ^rjenc^. y
The instructions as revealed..at; tre b
Federal Reserve. Pank. jp Richmond,
Va., were that i^ie names of all who
withdrew gold since February -jl andt
still hel dit on Marcel? should be
submitted. ,j
Whether the qUiircatp ^pur^ose „of
the order is the publication, of the
names of gold hoarders was not re
vealed, but officji^s were .confident'
that the veiled threat of such action
would, l\e i,succfspful ; in bringing
large amounts out of hiding* r
President Roo^eyelt emphasized in
his bank holiday proelagiation the
necessity for rigidly conserving the
nation’s gold stocks and at the same
time placed an embargo upon gold
exports,,
BANKS GET HOARDED .GOLD ;
WASHINGTON. — In a golden
stream, hoarded . treasure continued
to flo wfrom individual; owners into
the banks of the country. Well in
excess of $400,000,000 has been re
turned to financial institutions in the
two weeks since President Rooseyelt
announced that the hoarding of. gold
wps hurting the nation and warned
hoarders to bring their treasure, out.
hiding and put it into Federal JRp- ;
serve banks, where it could be pjade.
the bajsis of currency issue,.. ...
> A
SQVROLOUGH TRUHNG POST
\ MgGJtATH, ALASKA
S
Groceries
Clothing
,. ANYTHING FROM A. NEEDLE TO AN ANCHOR, . ;.
Except a Few Missing Links
Cfme and Look Things Over.
1,1 1 ■ .. ■ ^ v-'*?."hr ***!
im INSURANCE
[You should carry a liberal amount of fire insurance
for the your credit and your peace of, mind,
leedless tq say, this insurance should be of the very
| highest quality.
That's tfeo Kind Written Bjr
aska Insurance Agency
rUDANU, ALASKA
of Koako Han.
_ tn • tri 1- ___
RUSSIA MAY#JSr RQUR •:
BRITONS FOR SABOTAGE"
MO.SOO\V.—Determination of the
Soviet authorities to try four British
subjects arrested a few days ago
>n charge^ of “wrecking activities”
was apnounc^.tjgst. Saturday from
}fficial quarters. The Britishers and
i number of native Russians are ac
.•used of sabotage while employed in
i he Metropolitan Vickers Electrical.
?pmpapy, an English concern which
jpti atrs under supervision, of Rnssjap
government officials and inspectors.
"the specific charges are that the
Britishers with thejr Russian co
workers tried to put various power
suuions oui of commission..
“All of. the accused w.Ul be given a.,
public trial within a month,” the Rusc
<ian official statepient said.
“No pressure- or menace from the
Vickers company, can prevent , the
trial of the Britishers and theirjRus-,
sian fellow workers.”
, .The British. workers are L„ C-i
thorn ton, chief erecting engineer; W.j
ft. MacDonald And. John Cusrney, en-l
gjneers, and a man named Gregory,
who is a pipe fitter,
When,,the arrests were made last,;
week, officials„of the British govern
ment in Londgp. declared that they :
were convinced pf. the. innocence,, oft
the accused ^rifishe^s, and the report j
became current in London that Brit
ain, unless h^r ,?uhj§cts were released,
would break commercial dtul diplo
matic relations with Russia.
\
WH0T VEOP^E SJkJJLEi,.
fi
“Why don,’t you dress hetter ? j
CHothes make the man.”
“Yes, but in my case the man won’t I
make, the clothes,”—Woch.e in Bildj
(Alten). |
Mistress—I’ve, a^ked Mr. and Mrs. |
Smith to dinner_at 7. Mary, but I
tbink we’ll give tjvem a, quarter of an
hour’s grace..
,-Mary—Well, ma'am,. I’m religious
myself, but I think that’s rather
overdoing it.—Tid Bits (London).
Magistrate—Yqji’ve committed six
burglaries in a week.
Prisoner^fThat’s right. If every |
one worked .as.hard as I do we’d be
on the road to. prosperity.—Humorist
(London).,....
Binkg—I don’.t, know anything
worse t^han letting your wife find a
letter you’ve forgotten to mail.
- •Tompkins—Oh, jres, there isl Let
ting hej^find one you’ve forgotten to
burn!—Evening Bulletin (Phila-i
--- 1
da “Now, efiildren,” said the teacher,
“I vjapt.you to he perfectly still, so
still that you can hear a pin drop.”
„.For a moment silence reigned su
preme; then a small urchin exclaim-,
ed, “Let ’er drop!”—Christian Science
Monitor,
Junior—l owe ..all J have to one
woman, , ;
Sophomore—Your; mother?
Junior—No, K my landlady.—Long,
Lines.
“Gas§owny’s speeches have im
proved a lot since he got somehody
else to write them for bin)-”
“Yes, and they’d he improved a lot,,
more if he’d get. somebody else to. de
liver them.”—Pathfinder (Wash.).
Texas—Yes, indeed,( Texas a
great State. You can boarjdft- iKfdn
at dawn and 24 hours Inter ypayvill
still be in |?exas.
Miss Smalltown—Yes, we’ve '.got
trains like that in our State( too^—
Evening Bulletin. (Phila.)
i
| f¥ank «L Goskey
* Notary PuWifc
!
"Y*
Takotna General Stroe
TAKOTNA* •»
I
1
We shall continue to handler ^Com
plete Stock of Merchandise., ..
RROMJfl SKHVK'K" I- o*, Me%w>.
Takotna Pool Hall
Fresh Fruits
Tobaccos.
Apples
Candies Soft, Brinks
Cigars Cipracete^
Oranges
J* W. Downey*
Phiju
■ >*
TAKOTNA ROADHOUSE \
Best of Meats, and Rooms
iv>
Where Everyth in it la
Where Yea Are .*
At if
if**,
GOOD DOG HOUSES
BARKS
* ' :. A
• H
t; m
Max Sirael Sr
STATION: • V AtBPifiW. INN OK O B
Miners’, Prospectors’ and
Trappers’ Supplies
I