The Cordova daily times. [volume] (Cordova, Alaska) 1914-1947, 1919-04-23
VOICE OF THE ALASKA PRESS.


lars saved up there are always op-
portunities for good investment. 1t
is hard to place much less than that.
That is why wealthy men who are
self-made advise young men to begin
early and save the first thousand.
Until we went to war, in order to get
thousand dollars together one had
to go to the bank and put little away
each month or each week or tuck part
of his salary away in an old sock.
1t was troublesome to go to the bank
and the sock was too handy. Now,
however, there is an easy way to get
that first thousand. The answer is
War Savings Stamps. In them the
government of the United States,
backing those stamps with a guar
antee of four per cent interest COM
pounded quarterly, opens the way.
One can begin with "two bits. -
Wrangell Sentinel.
organized Commercial Club to secure
the dredging of Wrangell Narrows is
one which should have the backing
of every man and woman in Alaska,
from Anchorage to Ketchikan. For
some years it has been known fact
that the larger boats could not use
Wrangell Narrows except In cases of
extreme tide and were thus forced to
make the longer trip around the out
side, necessitating a longer trip, the
loss of many hours in their running
time, and in one instance the loss of a
fine big passenger liner, and it's cargo
estimated at $1,507,200. Mails and
freight have been greatly delayed and
have been endangered by storms and
rough weather. Wrangell NarroWs is
always calm, and always safe, except
in case of foggy weather, which is apt
to occur at any time at any place.
Money spent in dredging in the Mar
rows would not have to be respent in
a few years as the current keeps the
channel clear in the Narrows at all
times. In the past sixteen years the
channel has not shifted and the water
on the bar has decreased less than
two misunderstanding Report.
Governor Riggs and the Alaska leg
islature are going about the work of
preparing for territorial steamship
line between Alaska and the states
in a manner that means business.
They have determined to have an ade-
quate transportation service between
Puget Sound and Alaska at rates
which will permit of continued devel-
opment of the north. In this work
there is no doubt but that they have
the people of Alaska behind them. 1t
would be preferable to have this serv-
ice rendered by private capital and
thus permit the territorial govern
ment to devote it's attentions to
needed development in other direc-
tons. But continued advancing
freight and passenger rates and the
ever present difficulty met by those
engaged in mining and the fishing in
dustry to get their freight moved is
not promising to this preference. Gov
ernor Riggs did his best to find some
other solution for the situation than
the entrance into the shipping game
by the territory, but none was dis
covered. Governor Riggs, Senator
Price, Representative Noon and other
members of the legislature who have
given closest attention to this matter
are convinced of the practicability OF
the developing plans. The people OF
the territory have confidence in their
ability and earnestness, and they will
give them the backing and support
that may be necessary to crown their
laudable undertaking with success -
Juneau Empire.