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Page: of 6

Thinking
Out Loud
By_H. M. L.
!
a
Nevada City Nugget
COVERS RICHEST GOLD AREA IN CALIFORNIA
“
in the right to publish the Truth,
with good -motives and for justifiable ends.
ton.
From the Californian,
March 15, 1848: "
The Liberty of the Press consists
—Alexander Hamil_ Introduced into the Congressional Record the other day by
Senator Harry F. Byrd of Virginia, was the following statement by
Wadsworth W. Mount, assistant
director of research of the Merchant’s association of New York:
As long as the Government can>
spend all the money it wants to,
over and above.what it takes in
for taxes, merely by printing Government bonds,-selling these to
the banks, and then drawing
checks against them, how can we
ever hope to stop extravagant Government spending?
And when the Government
spends these billions in su¢h ways
that private citizens do not know
which way to turn to make money,
and therefore have comparatively
little need to borrow from. the
banks on safe terms, where else
ean banks invest, your money on
deposit but in Government bonds?
A banker knows that when the
United States Government prints
a Government bond it says in effect that the Government will tax
the people of the United States to
‘make: it good. He knows, therefore, that Government bonds are
the soundest security in the country, just so long as we do not issue
too many of them and have inflation.
Béefore the Government started
spending several billions more ~™
each vear than it took in from tax.es, the savings banks, for instance,
eould safely lend your money,
largely to people who wanted to
spend it for private or business
uses, at a high enough rate of interest to cover their expenses and
pay you 4 per cent. Under present
conditions, however, one of the
few remaining .safe*places to invest bank funds is in Government
bonds. Therefore, as the interest
rate on long term Treasury bonds
has been lowered until their average yield is now approximately
21%, per cent ,at present about ali
the saviflgs banks can safely get
for the use of your money is
enough to provide for necessary
expenses and reserves and pay you
only 2-per cent or even less on
your deposits.
The Treasury has just announced that to pay off. some $426,000,000 of oustanding obligations
which are due in September and
now carry an interest rate of 1
3/8 per cent it will offer in exdue in 5 years
three-fourths
change new ‘‘notes”’
which will pay only.
of 1 per cent.
A New York investment firm recently showed that Treasury obligations maturing in a little more
than 2 years now afford a yield of
one one-hundredth of 1 per
cent. At this rate of return, it was
pointed out that “an investor
would have to hold more than
$144,000 par value to provide an
income sufficient to buy his morning newspaper each day; he would
lWtave to hold $558,000 to provide
enough funds to buy a daily package of cigarettes.’’ As to the average interest rate on all Federal
obligations is lowered, those having money in savings accounts and
only
insurance policies which represend their personality saved ‘‘social security’? have: their interest
earnings also reduced, as a large
part of such funds are invested in
Government bonds.
This means, therefore, that it
will take you longer to pay for
your life insurance, as the annual
dividends will be less or the premiums will be more.
Some people think that only the
taxpayers of future generations
will ‘have to pay for the present
Government spending. However,
if you own a savings bank account
you are paying right now for the
increased national debt by getting
one-half or less of the amount of
interest you used to receive, and
the trend is still downward.
This means then that if, for example, you are trying to put in
the savings bank enough money to
give you $2,000 a year income,
you will now have to save $100,000.or more, where when savings
banks ‘were able to invest your
money safely and pay you 4 per
“cent you would only have had to
save $50,000 to get this same income.
Everyone in the. nation has to
pay one way or another for the
money: our Government officials
are instructed to spend. Some pay
taxes directly, but everyone pays
indirectly for all Government ser‘vices. The Government has nothing to give. to the people except
“what it gets from the people”
F. FP. Cassidy, manager of the Alpha Store at Nevada City, spent yesterday in Alleghany on business.
MINERS BREAK
ithe workings of
}store a light gray with
MeL 14 Ne 42. The County Seat Paper “NEVADA CITY, CALIF ORNIA,
pecans om}
The Gold Center FRIDAY,’FEBRUARY 9, 1940.
THROUGH T0 OLD
RUBY WORKINGS
The Saturday afternoon shift of
the Ruby mine broke into the old
workings: of the Guatamala mine,’ L.
L. Huesldonk, superintendent-of the
mine, reported that no damage was
done by the water that was draining
from the old tunnel. Although the
Saturday night shift did not go to
work due to the drainage which was
coming out to the extent of between
five and six thousand gallons a minute Sunday afternoon the Sunday
shift was back at. work. Huelsdonk
said that they expected for some
time to break into the old. workings.
They had been going by old maps
that were available and the old map
did not show the particular tunnel
that was broken into by the Saturday crew. Extra long fuse was being used by the crew for safety reasons Huelsdonk reported.
Huelsdonk said Sunday that he
had. been all through the old Guatamala workings and that the old
timbers in the mine were in perfect
condition being under water since
the mine was stopped in 1860. He
said that the Ruby has been working
on the old City of Six channel which .
(CATS WHISKERS
in the early days proved to be very
rich. :
He said ‘he expects to work the old
Guatamala into the Golden’ Bear
which is understood to have left a
large piece of channel. He said that
the Golden Bear
were very rich at this point running
between $10 and $20 a’ car. He said
that the piece of. channel that was
being worked in the Ruby mine at
the present time was fair.
One of the things that
in the rush of water was an old bamboo fishing pole and a tin can bearing the printing of the Mission.
Chemical Wax company.
The-mine is working 31 men ‘at
thé present time. It is owned by C.
L. Best and is understood to have
had a good production record during
the past several years of operation.
ALPHA STORES
MAKES ROOM FOR
MORE BUSINESS
came our
Painters are busily employed: at
Alpha Stores Ltd., and it will
be fully two weeks’ before many
changes and contemplated improvements will be made. Robert Steger
and sons have completed mezzanine
the
floor which will give about twice
the former space for furniture, New
shelving has been built for paints;
a large window put in on the east
side, and the office will be moved
back to the northeast corner for
convenience . and additional light.
Space will be made where the office
is now located for the stove, refrigerators and range department. Mrs.
Virginia Ghidotti went to San Francisco Saturday and returned Tuesday evening from atlenme ne market
week.
BOLTON'S OPEN
IN NEW STORE
MONDAY MORN}
gcc te
Mr. and Mrs. Harry E. Bolton will
complete moving their stock from
the old site on Pine street to their
newly renovated store in the Powell
Building this week and be ready for
business Monday morning.
Mr. and Mrs. Bolton conducted a
shoe store in Napa before coming to
Nevada City and a variety store was
a new venture to them. They opened
the store in’ the Masonic building
sixteen years ago this coming March
17.
Painters are finishing painting of
the interior furnishings of the new
red trimmings. The walls are a cream color,
giving plenty of light for the stock.
A neat office has been built an a
mezzanine floor in the rear of the
building.
Gores Falmbig] and John Webster motored to the veterans /hospital,at Livermore recently to visit
Fred Yost a local man who is there
for treatment for an injured. arm.
They found’ Yost much-improved in
health and in good spirits.
City.
-vices will be held in St. Canice Cath.
-. BUSINESS CENSUS OF ~ \C
NEV. CITY BEGINS SOON
Joseph W. Day, census enumerator of business firms for the @ounty;
stated yesterday that he would have
finished his enumeration of -business
houses in the rural areas and in
Truckee and would next proceed to
take the business census of Nevada
He will then proceed to Grass
Valley. The deadline for business
census returns is March 30.
Census enumeration of population
will begin April 1 and last for 30
days.
QUAKE GENTLY
ROCKS NEV. CITY
Windows rattled and floor joists
creaked shortly after midnight yesterday morning when a temblor gently rocked an area in which Nevada
City, Grass Valley, Auburn, Sacramento, Marysville, Oroville and
Chico, were included.
Reports from the valley cities indicated but little damage, though
some householders fled their homes
in their night clothing. In Nevada
City two slicks were reported, one
at 12:10 a2’ m. and a_ second» and
lesser shock at 3 a. m,
PLACER YIELDS
$1000 TO OWNER
Harry Fields, who has been working the Cat’s Whiskers’ property
above Downieville, reported this
week that since operations.have been
started at the»property 25 yards of
gravel have been washed returning
$1000 to the owner, Mrs Jeannette
Donnely.
This piece of property was originally purchased for a summer home
by Mrs. Donnely. Fields whe is
working for her uncovered a rich
gravel channel that is being sluiced
by Fields who installed a system of riffles and screens.
Fields intends to run two tunnels
into the channel. starting this week
to test the extent of the ore body,
and if it proves to be large enough
tojustifythe-expense,-more equipment will be added to speed up the
process of recovery.
It is the belief of Fields that the
mine was abandoned by some man in
the early days, probably about the
time of the Civil. War. He believes
that the opetator of the property
left, and might have been killed or
for some reason never returned to
work the balance of the gravel. The
gold that has been recovered so far
is very coarse a number of these
pieces being as large as a pea,
Fields reports that no claims are
has
now available in Secret Canyon, the
place of his gravel deposit. He says
that every available claim in the
canyon has .been located since word
of his strike has been published.
Ken Latta reports that he is working a claim above Fields and last
week he had several large nuggets
that he said were taken from _ his
property in Secret Canyon. The
pieces were as large as a peanut.
GOLD FLAT EARLY
DAY TEACHER IS
CALLED TO REST
Miss Susie Green, who was born
in Benecia, February 27, 1856, died
at her home on the lower Grass Valley road at 10:55 a. m. yesterday.
She had resided in the home she
passed away in about 80 years and
was highly esteemed. Miss Green
graduated from the Gold Flat school;
became a teacher and was employed
at a school on Banner Mountain until
1920. Since that time she had been
custodian of the Gold Flat school,
until a week ago when she became
ill.
Left to mourn her passing is a
nephew, Will Green, who resided
with her and two niéces, Mrs. Harold
Nolan of Grass Valley and Mrs. William Longe,: Modesto. Funeral serolic“church Saturday at 10 o’clock
with Father P, J. O’Reilly officiating. Interment will be made in the
family plot in the Catholic cemetery.
Holmes Funeral Home has charge
of funeral arrangements. .
SCOOP THURMAN
ON IMPORTANT
‘COMMITTEES
By “SC OOP” TI THURMAN
Assemblyman
Your assemblyman was honored
last week by the new speaker, Gordon Garland, by being appointed
chairman of the mines and mining
committee of the lower house, This
committee is one
of the most importance to the
Sixth Assembly
' District. The writer was also appointed a member
of the ways and
means committee
which~ is one of
the two most important committees. We were also reappointed to
membership on the following, other
committees on which we served dur. ,
ing ‘the regular séssion: Fish and
game, conservation, state grounds
and parks and vere charities and
corrections.
This week will see the relief legislation debated on the floor of the
‘lower house. The relief appropriation
bill and other relief legislation ineluding the bill to return the administration of relief to the counties
will no doubt take up a good part
of the week inasmuch as they are
highly controversial. While the Senate passed the bill which would return administration to the counties,
in the lower house there is quite a
division of thought. Right now we
believe that a majority of the members favor the return of relief to the
counties but even if the bitl does
pass both houses there is still the
question as to whether the governor
will sign it. And if he should veto the
bill it will require a two thirds vote
to over ride the veto. However the
return of relief to the counties will
depend somewhat on the report that
Assemblyman Sam Yorty and_ his
committee bring back from Los Angeles county whére they have been
investigating communism in relief.
Should their report show definitely
that communists are controlling the
administration of relief in
county, those who favor the return
to the counties will have added argument in their favor. :
Assemblyman Yorty, a_ liberal
Democrat, astounded the members
of the Assembly last Thursday when
he took the floor and made a speech
attacking communism in SRA and
at the same time stated that communists are-ruining his party. Coming as it did from oné who has always been considered a most radical
liberal, his talk was most enlightening. Assemblyman Jack Tenney also
a liberal Democrat supported Yorty
in a similar talk,
To definitely realize that the communists are leaders of the pressure
groups which would force a heavy
relief load on the taxpayers, one has
but to read The Peoples World, alleged communist newspaper of San
Francisco. Here is a headline in this
radical paper, a copy of which ' we
have before us as we write these
lines: “COMMUNISTS 'LASH RELIEF SLASHES.” I't is a well known
fact that the leader of the Workers
Alliance in this state is a communist. And the WA, if you do not know
it, is one of*'the pressure groups
which continually demands large appropriations for relief.
Speaking of ‘the return of relief
to the counties here is a sample telegram we received this week from a
citizen of the district: “Just a word
to say we hope the Assembly passes
Senate Bill 50 to geturn the control
of relief to the counties where needed relief and not politics will govern
the spending of our tax money.”
In our mail on the same day we
received a letter from one of the
Democratic County Central Committees opposing the return of relief to
the counties.
we received a letter from the Farm
Bureau of the same county urging
that we vote in favor of the bill to
‘return relief to the various counties.
The Farm Bureau also went on record favoring the making of the relief rolls public.
Both the grand jury of Placer
County and of Nevada County, the
two largest counties in the Sixth Assembly District have recommended
the return of relief to the counties.
It is a big question and one which
will require considerable thought by
the members of the legislature.
The writer has always believed
that,
And in the same matt
FIRE DEPARTMENT HAS
A BUSY TWO DAYS
Nevada City firemen had a busy /'
time the past two days responding
to fire alarms. While extinguishing
the-fire at the Dr. David Reeder
house on the Red Dog road Wednesday they received a call to go to
Glenbrook to put out a fire at the
home of Mr. and Mrs. L. Rusk. At
nine o’clo¢ék that evening they were
called to the Sierra Hotel in Nevada
City to extinguish a chimney fire.
Yesterday forenoon a call came in
from the home of Mrs. Florence
Evans at the foot of Boulder street.
There ‘seemed to be a chimney fire
and as it became overheated the
blaze sp ead to the roof. Firemen
responde and extinguished it at
once. The Reeder and Rusk houses
were a total loss but the firemen did
all in their power to control them
but the calls came too late.
SCOUTS GUESTS
OF ROTARY CLUB
Rudolph Albrecht, district Y. M.
C. A. supervisor with headquarters
at Marysville; was the speaker 1i
yesterday’s Rotary luncheon. Guests
of the club were Scout Masters Cecil
Klee and Albert Pratti, Scout Executive Edgar Williams, Judge Geo.
L. Jones of the regional scout council, and five scout patrol leaders, assistant scout-masters and local members of the scout council, including
Dr. C. W. Chapman, recently honored by the regional council for twenty five.years devoted service in scoutAlbrecht’s address was directed alternately to Rotary members and to
the Boy Scouts, Since his life work
is among boys and young men he has
had many moving experiences in redeeming boys that were thought to
be beyond redemption. He told of
one boy, who had come out to this
state from some small village in
Pennsylvania with fifty dollars, that
he had earned before his departure.
This boy was fifteen years old he
had earned the money in a. Pennsylvania coal mine, Arrived in a California city, he was picked up as a
suspicious character, apparently because he had fifty dollars of his own
money in his pockets. Albrecht,
convinced that the boy, was telling
the truth, obtained his release and
found him a job. Today the boy is a
man and holds an important post of
responsibility in a big financial institution.
The boy’s story was one of a broken home. His father, addicted to
drink, frightfully abused his mother until she died. His father married
a second time. The boy’s step mother became fond of him, and did all
she could to rear the bor decently.
His father, however, began to beat
his second wife, and the boy despairing of a chance at a decent living,
took his savings and came out. to
California, only to run afoul of the
police before he had a chance to
find a job.
Mr. Albrecht stressed the need of}
training, character and leadership
among the boys of today. Especially
in these days, he said, every boy
needs these things while growing to
manhood. The ‘‘man and boy’ combination, the man sharing the boy’s
problems and joys, and the boy looking to the man for companionship,
but the man needs the boy still more.
He urged all Rotary members to give
more time and thought to the’ boys.
For the little they put into scouting
and aid to young folks, he declared,
the results are astounding and splendid.
NEAL MINEAR PASSES —
.Friendsin.Nevada City received
the message of the death of Neal
Minear in Sacramento Monday morning. He died from injuries received
when struck by an. automobile. The
funeral services were held in Redding Wednésday. Mineéar resided on
Grove street for two years with his
mother leaving several months ago
to make his home in Sacramento.
that if the counties administered relief there would be less chiseling and
the communists and other pregsure
groups would not get to first base in
their attempt to make relief almost
unbearable for the ‘taxpayers.
We desire at this time-also to inform the elderly citizens that we are
a co-author on two bills which have
as their purpose the eliminating of
the property lien on old age pensions.
We believe that this legislation will
be approved and the lien cause eliminated, : :
are a ene :
TERMS OF THREE
COUNCILMEN TO
EXPIRE SOON
The terms of. three councilmen
expire this year, and the city council
last night set Tuesday, April 9, as
municipal election day. Polling places will be the city hall and the fire
house on Main street.
The councilmen whose terms expire are James’ Penrose, Charles
Leiter and Frank Davies.
Two representatives from the.
Women’s Civic Club appeared before
the council to ask for the use of the
library basement as a meeting place.
The council suggested that one of the
fire houses would:be more suitable
and deferred any definite action until it could be investigated.
Members of Banner Mountain
Post, V. F. W. asked that the practice of giving free peddler’s licenses
. to any veteran that comes into the
city be discontinued, since-in a great
many cases it is being made a racket.
They said that a law -prohibited
everyone but disabled veterans from
getting the licenses, The matter will
be referred to the city attorney,
Frank Finnegan. ’ .
By unanimous vote the council decided to have timber removed from
near the airport, thus eliminating a
dangerous hazard to the flyers.
The following bills were ordered
paid:
GENERAL FUND
Jas. Allen $125.00;
$150.00; Sam Hooper $100.00; Garfield Robson $150.00; George H.
Calanan $20.00; Max Solaro $71.50;
Dr. E. M. Roesner $40.00; Mrs. E.
Foley $12.50; Miles P. Coughlan
$12.50; Lin Davies $125.00; Eugene
(Continued on Page Two)
HYDRAULIC ASSN.
TO HEAR SEAWELL
AND THURMAN
The California Hydraulic Miners
Association will meet tomorrow afternoon in the National Hotel. Assemblyman Allen Thurman and Senator Jerrold Seawell will be present
and give a resume of the ‘problems
and measures which the special session of the state legislature is now
considering. C. E. Church, engineer
in charge of making the soundings
for the Bear River debris dam, and
head of the committee making appraisals of land in the debris dam
areas, preparatory to condemnation
proceedings, is also expected to discuss the work, in which he is engaged. Col. Chambers of the California
Debris Commission has indicated that
he will be a guest of the association.
at this meeting.
SERVICES HELD
IN SEATTLE FOR
FORMER NATIVE
Funeral services were .held Sunday in Seattle for the late Frank M.
Fenton, native of French Corral,
aged 65 years, who left Nevada
County when 21 years of age and has
returned from time to time to visit
relatives. He followed mining in
Alaska returning to his wife and four
children at Seattle each of the 46
. years he spent there. He came down
from Fairbanks in September because
of illness.
Frank Fenton has had a fine record in mining. In 1900 he entered:
the employ of/the Bullion mine in
the Caribou country near Ashcroft,
B. C. later he went to the North Bri©
tish Co., to Telegraph Creek in the
Cassiar district. In 1919 he was superintendent of the Yukon Gold Co.,
near Dawson in the Klondike, remaining with them until 1925. At
time of his death he was superintendent-of stripping a large area for the
United States Smelting Co.
He leaves a wife, two sons, two
daughters, two grandchildren and
one great grandson. His 89 year old
mother, Mrs. Mary Fenton, and sister
Mrs. Will Robenson, Richmond: Mrs.
Frank Wyllie, Oakland; Ben F :
Berkeley; Miss Manie Fenton.
Will Fenton, Nevada City; and
following nieces and nephew, J
Fran Healy, Berkeley; Mrs, Tom .
Vallejo; Mrs. Ethel Coleman,
land and Bud Wyllie, Jr.
H. S. Hallett .