davidaulloa/AmericanStories huggingface dataset:
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1923-06-22
Notice to Creditors.

State of Idaho, )ss.
County of Kootenai
Estate Oh Timothy David Trauger, deceased.
:, Notice is hereby given by the pndaretr-ad
EE1ecutrlx OF the estate OF TImothv David
arauger deceased, to the creditors or and
a. a. persons having claims against the said
ueCeasea' 10 exhibit them with the necessarv
seouchers within Four months after fhee
F ETec pr91lcation Of this notice to the said
EEnsScutrix az the law Offices OF Mjles ~
fEgDers' in Wenz Bldg. Town Of Rati,Ss,,, r.
, miootenai County, Idaho. the same being RI"
sa az LOT the transaction of the business OF
o oS fd estate In the County OF KootenaiSta
Dated this 18th day of June, 1929.
NIELSINE TRAUGER.
Executrix. estate OF Timothy
,,,,o David Trauser. deceased,
a ttorney for Executrix
Hes: & p. O. Address
Rathdrum Idaho
't PUB June Is, p, %. July 8. 10 1922.
Public Administrator. and
administrator or estate OF
james Bradley, deceased.
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1923-06-22

a good road constructed up the
South Fork OF the Clearwater river
would open one of the greatest gold
mining districts Of the west is the
OPP MON OF Stewart Campbell, state
mine Inspector. There is more
mining activity In north Idaho.
according to Mr.. Campbell, than
there has been for years.
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1923-06-22

Iy to upset the balance. A farmer de-
livers, say, two thousand bushels OF
wheat to the Government warehouse
and the Government delivers one
thousand dollars In new money to the
farmer. When the farmer sells the
wheat he repays the loan and the Gov
eminent destroys the money. Thus
the volume OF money Is increased
precisely when goods are stored; and
the volume of money Is decreased pre-
cisely when these goods are marketed.
In other words, each transaction be-
gins by placing in circulation goods
without money to match the goods.
Dollar demand is created as the sup
ply Of goods is withdrawn; the sup |
ply of goods is created as dollar de-
mand is withdrawn.
Would it enable the farmer to Dor
row more money on his products
than he can now borrow? When Mr..
Edison contends that farmers would
obtain larger loans on their crops
than they can now obtain from banks.
he is confronted by this dilemma:
Either the banks are now refusing
to make sound loans, or, under the
Edison plan, the Government would
make unsound loans.
Neither Mr.. Edison nor Mr.. Ford 7
IAN consistently contend that banks :
low refuse to make sound loans, for ?
hat Is the way banks make most OF
heir profits, and Mr.. Edison and Mr..
ord have no doubt that banks are
n dnrfnd for haf / -
ne plan would yield larger loans to
armers only If the Government met
le risks Of unsound banking. In that
ase all that insolvent borrowers
aimed would be paid by the rest of II,
le population. which, to say the least,
not fair deal. -
Cutting Down Farm Credit "
Apparently, however, the Govern ID
ent Is not expected to run many wi
SKIS, for the farmer is allowed to he
rrow an amount no greater than Din
e-hah the average value Of his
oduct for the previous twenty-five ."
ars. But prices have risen so high | tn
ice 1896 that the farmer could bor- Ne
" on most products much less than ,ra
Il the present value OF the products.
would be much less, therefore, WI
n the farmer could borrow directly the
m the banks on graded products;
products not graded no Govern
Mt loans would be made, for there
lid be no way Of determining tho ,
price average.
However, the farmer, having OBJ NO
led the stipulated Government | WO
l on his goods, could then offer his gen
ity certificate to bank for an ad- 20,
onal loan. But the equity certin-
is virtually second mortgage, .ne
no bank would prefer a second dru
tgage to first mortgage. d
suppose the Old National Bank
willing to lend farmer eight
1red dollars on one thousand
els OF wheat. Suppose, however, 4
farmer deposited the wheat in a
raj warehouse and obtained five
red dollars from the Government. F"
ainly the bank would not lend d,
farmer three hundred dollars on 70,
equity certificate. The protec-
OF the bank would be greater II ueu
armer relied on the bank for the rheu
3 loan; for In that case the bank any
realize on its security without NAV
obliged to pay five hundred dol -,
20 get the wheat out of Govern '"'"
storage. The farmer can now dod
W more money from a bank on mean
aiuiAeu iarm products than ed wi
the Edison plan"
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1923-06-22
Expert Shows How Commodity
Money Would Make Worse the
Evils 1t Aims to Correct.
MEANS SPECIAL FAvORS
AND ADDITIONAL TAXES
would Open Way for Political Med
sling With Business and compiI-
cate tho Conduct Of Trade
and Finance.

Inc weaknesses Of the Edison Ford
commodity money scheme to abolish
the gold standard and do awav with
monetary instability, interest charges
and speculation in farm products are
exposed by William T. Foster, Direc-
tor OF the Pollock Foundation for
"conomlc Research, in an article In
Tue Proceedings of the Academy of
Political Science. He shows that the
only result OF the plan would be to
aesravate the evils 1t aims to cure.
ihere Is presented herewith the frs.
OF series OF articles, prepared by the |
american Bankers Association, re-
viewing Mr.. Fosters argument
The plan provides, Mr.. Foster ex-
plains. for government built, owned
and controlled warehouses, to which
producers might bring basic commodi-
ties raised on American soil, on which
tney wish to borrow money A gov
eminent agent would grade the pro
oucer's goods and hand him two
pieces OF paper-a mortgage certif-
cate and an equity certificate.
mo GuiSon-fo ord Plan
The mortgage certificate could be
exchanged at any national bank for
Federal Reserve notes up to so per
cent OF the average value of the goods
Tor the previous twenty-five years. In
this way the producer would obtain a
loan OF money without mourning any
expense for the use of the money and
he would still own the goods
His equity certificate is his evl
dence OF ownership" Mr. Foster saws
He may keep it, sell 1t or present II II
az bank as security for loan. He - -
'r anyone to whom he sells 1t can pre-. -
'ent 1t at any time within a year. to- =
'ether with the exact amount of mon 2,
y that has been loaned, and receive nr
he goods. as
II the goods are not removed with re
one year the Government must sell &c
hem and thus get back the money ii
as loaned. This is to prevent an ac. pr
Emulation of goods and to make sure Oh
lat the money will be selfcanceling su'
soon as the farmer rcpavs the 49,,
an or the Government sells the nre
'ods an amount OF money is de cur
royed equal to the amount that was con
yanced. This, in all essentials, is pas
Edison commodity-money plan. the
Mora Taxea "eq
Most men will be impressed by the seil
It that It involves additional taxes, pm
ditional corps OF political appoint.
J and vast extension of govern
mt control over industry If the on
'cial privilege Of borrowing mon OF
without interest is really a boon ume
Is granted only to certain groups me
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1923-06-22
Notice Of Hearing Petition for CoDfir.
nation Of Bond Election and all Pro-
CeediDgS Hereunder

CeedinsS Hereunder.
In the District Court OF the Eighth ~.
cial District OF the State of Idaho IN ora -"
the County of Kootenai o'
| In the Matter of the Chico Tr.,ca.,
District Notice OF Hearing pettt,on saa
Confirmation of Bond Election and OH D.
| ceedings Hereunder "
Notice is hereby given that the pet,t,on :.
the Chico Irrigation District for the conas
nation OF all proceedings had and dona
relative to the bond election held in said
District May 22nd, 1928, wherein bonds In tha
sum OF S2o,OOO0O for rebuilding the frrieat,on
system OF said District were voted ana
wherein the prayer of said petition n,avs
that all proceedings touching the calling 90
sald election, the voting thereon and tho
fegaiity OF all all acts relating to said bond
election be inquired into by the Court and
.ha1 ali OF SAID proceedings be held and ad-
Juoseo gooa and valid, and confirming said
eiec.ioh ana ad)udging that said District has
soou' lawful ana legal authority to issue
oohos III the sum OF $40 10000, and that all OF
'heir acts Tor the issuance thereof have been
IN accordance with law; and that all things
ione IN connection Herewith be approved
ana confirmed, and for such other and
'urther relief as may seem. inst and eo,,,,a
Die.
Notice is hereby given, that on the rs dav
II june A. d., 1923, said petition will ba
eard at the court room in the Court bopss
the City OF Occur d'Alene, Kootenai
county, Idaho, at the hour of ten o'clock. A
|. OF SAID day, and all persons Interested
nan on or before said day demurrer or
nswer said petition or take such other nro.
ceilings as they desire and In case of their
'liure so to do, all things in said petition as
u forth VIII be taken as admitted.
olVen oy order of the Court this LIST day OF
me- A. d.. 1923. c. o. SOWDER.
Clerk OF the District Court.
Pub June l. s. Is, D.
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1923-06-22

of producers, the list to be changed
from time to time, somebody must de.
eide who are to be the favored
groups, and whether that somebody is
Congress or Federal warehouse direc-
tors who are subject to partisan APP.
pointment and removal, the question
who Is to receive free money will I'M
doubleday remain in politics and will
recurrently become of great moment
as election day approaches
Mr.. Edison contends that his COM
modify dollars will be sounder than
gold dollars because there in the
warehouse lies the actual wealth, the
things we eat and wear and must con-
sumo to live At first, he says, only
few basic commodities are to be ac-
cepted, such as grain, cotton, wool,
rice. legumes, fats, fax and tobacco.
Manufactured articles, he warns US,
will not be satisfactory for this pur-
pose.
III, then, warehouse full of tobac-
co guarantees the soundness OF the
notes issued against 1t they must be
redeemable In tobacco. They are, In
fact, Federal Tobacco notes. The plan
must provide In like manner for Fed
eral Flax notes and SO on. Further
more, there would have to be as MANY
different kinds Of tobacco notes as
there were grades OF tobacco Every.
one who used money In exchange
would need to have at hand the latest
market quotations on all products &C.
,epted for storage. as they approached
market value the established loan
,alue, in order to estimate the relative
'alues of different kinds OF dollars.
Salt Cod Notes
Everybody would have to observe
arefully whether he had Grade A :
Herring notes or Grade x :,
alt Cod notes. II there was a strike
bituminous coal miners he would
oard Bituminous Coal notes. II there
as slump In cotton he would try to n
ct rid Of Cotton notes. RI
Consider on the other hand. the D.
implicitly and defniteness of a gold. o.
,cured dollar. All the world knows pl
-ecisely what is meant by the con. W
,rtib1lfty OF a paper certificate into 81
I'D All the world accepts the gold 70
exchange Its value is known In ma
cry market. It is readily tested, ~
ored, preserved, divided, transport -,
: Moreover, there are the gold re- -
rves, maintained for the very pur- -.
Sc OF conversion and for NO other --.s
q available on demand. ~
From one of Mr.. Edison's author y"
a statements, however, 1t seems
IT his plan does not provide for "a, 20
deral Tobacco notes, Federal Fish ioa
les and the like. In fact, 1t provides . ~,
no new kind of money whatever. ~.
matter what commodity the farmer oat
'oslts with Federal agents, he takes an'
mortgage certificates to a national NO ~
TX and there exchanges 1t for Fed.
reserve notes. They are Just like was
other Federal Reserve notes. nun
very we'll. If there Is nothing more gus
this in the much-discussed Edi. lne
plan for commodity money that feo
ounder than gold money this part nun
ne plan vanishes into thin air. The Cer'
son money is not sounder than the
money, for 1t is gold money" tne
The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1923-06-22

ChAMBERLAIN's Collie AND DIARR
HEA REMEDY
Every family should keep this prc-
paration at hand during the hot nj
the summer months. 1t is almost
sure 10 be needed, and when thai
'ime comes, is worth many times its
COST. Buy 1t now -adv June.
The Nenana news., 1923-06-12
SPIEL RIVER PULP MILL
 NOW RUNNING AT TOP SPEED

With three shifts working pro- duction of pulp at the Speel River plant of the Alaska Pulp and Paper Company has been boosted to 40 tons daily, according to Manager W. p. Lass, who was in Juneau re- gently. Six hundred tons of pulp are stored on the docks at the plant awaiting shipment to southern mills, MT. Lass trip to Juneau being to arrange for transportation.
 The quality of the company's pro- duce continues to be maintained at a high standard, said Mir. Lass. Re- cent shipments aggregating 1000 tons made to California mills were reported by them to be the finest they had ever handled. All of the mills who have handled it, he said, have praised it highly.
 Demand for labor throughout the district has been so heavy that it has been with difficulty that the company has been able to keep it's shifts full and it was only by combing the district that it has been able to put on three shifts. The third shift was made possible, said Mir. Lass, by pupils from the Sheldon Jackson school at Sitka who were secured by Ahim. Several students from colleges on the Pa cifc coast have been employed for the season and will arrive at the plant in the near future.
 "We have plenty of power, lots of logs, men enough to keep grind ing continuously, the plant is in fine shape. All we want now is the transportation companies to keep our docks clear" said MT. Lass. The Curaco, Admiral Line freighter. will call at Speel River southbound and take on a cargo already on hand. Mir. Lass returned to the plant this afternoon.
The Nenana news., 1923-06-12

Deputy Marshal Fred E. Handy of Ketchikan, and Captain Nelson of the Coast Guard cutter Smith raid ed the Loring cannery crew recent ly, with the result that they brought back some packages of opium, nor phine and large quantity of mau- rama, Mexican drug which is not included in the list of narcotics acts but which is said to have "an awful kick One of the character istics of the latter drug is that the user of it will always consider him self far better fighter than Jack Dempsey.
The Nenana news., 1923-06-12
WHAT AILS ALASKA

Maladministration of Alaskan af- fairs due to unavoidable laws, mis- conceived ideas and decentralized control, bar the development and utilization of the Territory's re- sources, says the American Mining Congress Journal. With its popula- ton steadily declining and industri- al progress at a standssill. the situa- tion is one which demands the appli- cation of drastic remedies Lack of a responsible local government own ership, restrictive leasing laws, con- f1icing administrative authority, and failure to coordinate governmental functions are contributing factors to the unfortunate lethargy which now grips this great Territory.
The Nenana news., 1923-06-12
FOREST SERVICE SHIPS
 CEDAR FOR EXPERIMENT

The local office of the U. s. For est Service has sent 300 board feet of clear Alaska cedar to the Madi- son Wood Testing Laboratory of the Forest Service, at Madison, Wiscon- sin, to be used in painting and vanishing experiments, according to B. F. Heintzleman, Assistant Dis trict Supervisor. .~--~.
 The wood, which has great pos abilities for furniture manufacture, has been found not to retain paint and varnish very well. when ordi- nary methods are used and the laboratory will seek the kinds of paints and varnishes and the meth ods which are most satisfactory to it, Mir. Heintzleman said.
The Nenana news., 1923-06-12
MAY AID FARMERS

The Federal Farm Loan Board is sending investigators to Alaska to find out the requirements and facili- ties to take care of the loan policy in this Territory, according to ad- vices received at Juneau recently. says the Empire. If the findings are satisfactory the Board will make necessary arrangements which will make it possible for the farmers in Alaska to borrow money to purchase equipment and other necessary sup plies for their industry.
 If after investigating it is de- cided that fox farming and reindeer grazing come within the scope of the act, the fox farmers operating in the Territory will be able to get money.
 It is not known how soon the in vestigators will come to Alaska.
The Nenana news., 1923-06-12
UPPER YUKON DAM PROJECT
 FEASIBLE SAYS ENGINEER

J. P. Forde, Canadian govern ment engineer, who has been on tour of the Lake Tagish district, where he inspected the reservoir dam proposition under contempla- ton by the White Pass & Yukon railway, announced, recently, upon his return to Skagway, that in his opinion the plan is feasible and will prove surprisingly inexpensive when compared with benefits to be derived. ~ ... .:"~ .~.@..:
 According to MT. Forde, the scheme of the comany will render available sufficient water at White horse to permit navigation opening by May l, of each year and enable vessels 10 play waters of the Yukon for about three weeks later in the season making a total season more than month longer than at present
The Nenana news., 1923-06-12
STEAMER PIONEER IN

The steamer Pioneer, Captain George Black, arrived from the Kan tishna district Sunday afternoon. The boat took in a load of gen eral freight and Alaska Road Com mission supplies, and returned with several passengers. Bob Eli and Walter Forrest made the trip to Roosevelt and French John and Dan Winquist were picked up along the river.
 Captain Black does not know what his next move will be but thinks it probable he will make trip to Fairbanks with his boat within the next few days.
The Nenana news., 1923-06-12
NOTICE OF SETTLEMENT OF
 FINAL ACCOUNT

In the probate court for the Terri tory of Alaska, Fourth Division, Nenana, Precinct.
 In the matter of the Estate of Clara Alfred, Deceased.
 Notice is hereby given, that the undersigned has filed his final Ac- count as Administrator of the above entitled estate, and has petitioned for distribution, and the Court has fixed Friday June 29th, 1923 at the hour of 200 p. m. of said day, at the Court room of said Court in Ne mana, Alaska as the time and place for hearing same, and any persons having any objection thereto should file same on or before said date.
 E. T. SULLIVAN
 Administrator
The Nenana news., 1923-06-12

Fred W. Carter, one of the best known and most popular of old time Nome residents, and later may or of Fairbanks, where he lived for several years, is now a mem Der of the sale force of Ewing & Clark, the big real estate dealers. Mir. Carter is stopping at the Se- ward Hotel. Of course, Fred had to have an Alaska atmosphere about him, hence he took a position with the two sourdoughs who compose the real estate firm. =.. .:
The Nenana news., 1923-06-12
Ketchikan's two leading

Ketchikan's two leading instru- mental musical organizations, the Community Orchestra and the City Band, have voted to join in the nationwide movement for the ad vancement of music, by joining the National Federation of Music Clubs. This movement for the promotion of music has taken rapid strides since the advent of the radio, and many hundreds of music clubs have recently enrolled in the national or ganization.
The Nenana news., 1923-06-12

The following have been named officers of the Cordova Chamber of Commerce for the next year: Presi- dent, George C. Hazalet; vice-presi- dent, Caleb Corser; secretary, Ed ward F. Madley; treasurer, John Muller; executive committee, Nath- ahiel Greene, T. J. Donchie, Charles J. Goodall, A. J. Adams, Caleb Cors- CT, James L. Galen and Harry G. Steel. ~-
The Nenana news., 1923-06-12
Walter E. Mason, a merchant Q

Walter E. Mason, merchant of Kelawik, died of heart failure of the sixteenth of the month. He is known as the jade king of the KO bulk and was buried on the banks of the river by the same name, be- sside the grave of an Eskimo boy who saved his life years ago
The Nenana news., 1923-06-12

The little steamer Nenana, which went into winter quarters down the river last fall, was brought into port last week by Jack Bailey and Chas Smith and now is tied up on the Nenana waterfront.
The Nenana news., 1923-06-12

Dry Officer Seneff came down from Fairbanks yesterday in a gas boat, and continued on down river on an official trip. He was joined by Deputy Marshal Hagan at Nenana
The Nenana news., 1923-06-12
MINING GROUND FOR SALE

Group of three claims (placer) on Glacier Creek, Kantishna district. Nos. 17,18 and 19. (No. 17 worked out.) Shallow ground, from six inches to five feet to bedrock. Coarse gold. Automatic dam, boxes, tools, complete camp outfit. For furthers particulars inquire at News Office. ...
The Nenana news., 1923-06-12

c. ". Felch, we'll known travel ing man returned to Nenana last week from trip down the river.
The Nenana news., 1923-06-12


 president of the Seattle Chamber of Commerce, making vigorous pro- test against the selection of Falcon Joslin as a member of the Seattle committee to meet President Hard ing when he arrives from the East next month on his way to Alaska. MT. Frank Warehouse, President,
 Seattle Chamber of Commerce,
 Seattle, Wash.
 Dear Sir: MT. Falcon Joslin is among the men appointed by you as a reception committee to enter tain the president and his official party on their arrivals in Seattle, en route to Alaska, according to an- nouncements in the newspapers.
 I have no word to say against MT. Joslin personally but trust I may say with propriety that his appointment on such a committee might naturally cause very grave misapprehensions and misunder- standings over the country generally and innocently place the president in prejudicial light in his announc- ed purpose to investigate conditions in Alaska impartially.
 Mir. Joslin has $een for many years the lobbyist in Alaska and in Washington, D. C., for the Morgan Guggenheim interests in Alaska. in cluding their Alaska Steamship com pany, of which he is a director. or was at last accounts, and of their Boring River Coal company, of which he is president, or was at last accounts. In hearings before the senate committee on territories IS months ago. 1t was proven that MT. Joslin operating behind the mask of the Alaska bureau of the Seattle Chamber of Commerce. was responsible for the bill then pending in congress, known as the Alaska board bill, by which all public prop erty of every kind in Alaska-gold. silver, copper. lead, timber. fisher ies, agricultural and grazing lands, the Alaska railroad, all inclusive was to be transferred to this board. the members to be appointed by the president, but to be virtually i'm mune from removal, with full and unrestricted authority to sell such property at any price, in the boards discretion
 As one who helped to defeat the pernicious measure in the commit tee hearings, in cooperation with Delegates Dan Sutherland and At torney General John Rustgard of Alaska, am in a position to say that the impression it created on the minds of the committee and on the minds of other high officials in Washington, was that it consti- tuted an attempt at legislated au- thority for graft on the most gi- gantic Scale known in many years. The use that was then made of the name of the Alaska bureau of the Seattle Chamber of Commerce as the ostensible sponsor of that bill inflicted an injury on the standing and influence of the Seattle Cham Der Of commerce in Washington from which it has not yet recovered. The fact that the Alaska bureau was abolished in consequence of others of like nature does not i'm prove conditions if the president of the Seattle Chamber of Commerce now appoints the author of that bill on committee to entertain the president.
 This is but one of many instances of Mir. Joslin's work in Alaska and in Washington, D. C., which make his appointment on such a committee unfair to the president,