September 27, 1937 (4 pages)

Thinking Out Loud Nevada City Nu COVERS RICHEST GOLD AREA IN CALIFORNIA * vet it in This. newspaper tries to be helpful in all community enterprises that tend to make this a better place to live. It seeks . to stimulate a healthful growth in business. Those who subscribe to, or advertise in the Nevada City Nugget join with this endeavor. 11, No. 76. . H. M. L. Possibly by the time this is printed, the world will hear a proposal for peace, made jointly by Mussolini and Hitler that will be acceptable to France and Great Britain, and, of course, to this country. For it goes, almost without saying that whatever satisfies the two great European democracies, will be agreeable to us. A war for Mediterranean control will have been averted, Italy’s piracy therein ended. TBS Pending this proposal, it is interesting to speculate upon the terms which Germany and Mussolini might offer to guarantee European peace. We often accuse Oriental peoples of soing to preposterous extremes. to “save facé.’’ But as a matter of fact aside from England, which is content to save its belly and let its face go, there is hardly a nation in the warld that does not assiduously seek to save its face, that is, its prestige in world affairs. From this distance, a satisfactory peace proposal, it would appear, must recognize the Mediterranean as a world highway free to all nations. A guarantee of such freedom would be the dismantling of all fortifications which might be used on a moment’s notice to close that highway to world eommerce. This’ applies with equal force to the Suez canal and the Red Sea. If this sea highway from Gibral; tar to Aden needs policing then that i job should be assigned to the nations that make most. use of it, distributing the burden of cost among them equally. i htis i8 Of immediate importance also is the international war in Spain. Foreign forces, whether of land, sea or air, should withdraw if peace conditions are even to be approximated. Spain must be left to fight out. its own quarrel, permitting each faction & eect RR Ee t to buy such supplies as it can pay for from whatever source available. Whether we shall hear such a prois extremely doubtful, Russia would ecquiesce, ed in uncertainty. might be willing to disengage all forces in Spain in order to have a free hand in the Sino-Japanese controversy. and whether is also veilHowever Russia But here again we face what probably will constitute a major obstaccle to peace in Europe, that is, the war in Asia. Hitler and Mussolini have shown little inclination to take any step to relieve their democratic neighbors of embarrassment. Once assured of European peace, England and France would immediately turn their attention to the Orient. By offering any assured prospect of peace in Europe, therefore, Hitler and Mussolini would virtually permit Great Britain, and in lesser degree France, a free hand in the war between Japan and China. No question but Russia would also intervene more or less openly on behalf of the Chinese. ; { We only. know what we read, as the President is so fond of saying, }. but we really do not expect Mussolini and Hitler to make any worth while peace proposal. To ‘save their faces they cannot back out of Spain, and after all the talk of ‘‘Mare Nostrum”, Mussolini cannot be expected to sing small regarding his Mediterranean pretensions. This is contributed by a Nevada City Republican: “Among the various alphabetical utopian measures of the present administration is the well known F. bh. A., of farm loan association, which sought to aid the farmer and soak the consumer by. killing off a large percentage of the stock in order to raise ‘prices. ; “Tt is told that from New York a certain deserving worthy, who never in his life had seen a hog outside of a butchher shop, was outfitted with a gun, a plentiful supply of ammunition and a check book. He was sent forth to cover a certain rural area of upper New York state and told to do his stuff. “Coming first to a small farm which boasted of more hogs than the Pi regulations permitted, the agent showed his credentials, shot the pro9 per number, saw to their disposal, wrote out a check for the happy farmer and continued on his way. The next place yielded several cattle x which were disposed of in the same 'y manner. “The third place he visited however, proved to be a goat ranch kept iby an Italian. Here the agent was in a quandray, for he had never seen a posal made by Hitler and Mussolini, . @ny such animal, so he hastily wired _The County Seat Paper_ NEVADA CITY, “CALI IFORNIA The Gold Center “MONDAY, SEPT EMBER 27, 1937. FOREIGN BOND HOLDERS WATCH NEW YORK, Sept. 27.— Foreign holders of Chinese and Japanese gzov‘ernment obligations are following events in the Far East with ke>n interest. According to figures compiled by the American Council Institute of Pacific Relations, foreign holdings of Chinese government securities amount to approximately $543 million. Japan’s outstanding — foreign debt is about $658 million, a substantial portion of which, possibly as much as half, has been repatriated through purchase by Japanese nationals. American holdings of Chinese Obligations amount to about $34.5 million; figures for Japan cannot be estimated with any accuracy but are probably considerably larger, ‘ Chinese loans and credits held by foreigners, which amounted on July 1, to approximately $543 million in principal, are about equally divided between loans under the care of the Ministry of Finance and railway obligations. Of the former about $156.7 million are secured against customs revenues, $54.2 million against salt revenues and $60 million against miscellaneous’ securities. Approximately $62.5 million in priucipal and $58.1 million in interest are in default. Of the railway obligations about $174 million are in the form of loans, $78 million in credits of various types and $20 million in advances for which bonds have ‘ not been issued. At the end of 1930, according to Professor Remer, British investors held 31:8 per cent of such obligations;® Japanese, 31.5 per cent (including the unsecured Nishihara loans); French, 13.7 per cent; Belgjan, 6.8 per cent; ItaHan, 5.9 per cent; American, 5.9 per cent; Dutch, German and Scandinavian, 4.4. per cent. These holdings undoubtedly have shifted since 1930, while new loans have increased the share of certain countries, notably Great Britain. American interests have directly participated in four Chinese loans now amounting to about $34.5 million. These are (1) the Hukuang railway loan, originally floated by a consortioum of: British, French, German and American bankers; (2) the “Chicago Loan” of 1919, which was adjusted in April of this year after having been long in arrears; (3) the Republic of China 6 per cent Two Year Secured Gold Loan Treasury Notes of 1919 issued by the Pacific Development Co. and reorganized on SUL yeu; 1937 after default; (4) the Chinese Government 5 per cent Cotton and Wheat Loan of June 1933, originally granted in the form of cotton, wheat .anfflour by the Reconstruction Finance Corporation and the Grain Stabilization Corporation, RTHDAYSI!! BIR we Send a Greeting . to Your Friends. dosicehee 29, 1937 MARJORIE COOK Nevada City MRS. LUCILLE ©. JOHNSON Jordan Street October 1 EK. P. SUTTON Nevada City October 2 EDDIE ESPINOSA Jamptonville D. E. COUGHLAND Main Street DR. J. R. WEY Broad Street MARIE POIRER R, F. D. Nevada City October 4 MRS. CLARA PHILLIPS West Broad Street MR. MRS. _— Happy Birthday through his book of instructions, he could find no reference whaitteevr to Washington as follows: ‘I have come across some peculiar animals; they have long beards, are always on the go, and smell awful strong. What shall I do?” “The answer came quickly from headquarters and equally competent officials: “For God’s @ake don’t goat before and, looking vainly WAR IN ORIENT and now Bank. Foreign obligations of the Japanese. government were on June § 38 about $658 million, ineluding sterling (1889, 1907, 1910, 1924, 1930), one france (1910) and two dollar (1924,°1930) loans as well as sterling obligations of the South Manchuria Railway. Of these amounts approximately 60 per cent were in sterling bonds, 28 per cent in dollars and 12 per cent in franes. However, several years ago, when Japan‘ese bonds in foreign markets were selling at low prices and Hence offered high yields, considerable quantities of them were bought up by Japanese. interests. Disruption of China's foreter trade by the exigencies of war would serinusly affect customs revenues, upon which many first lien. In this connection it is of interest to note the proposal now being discussed in Shanghai, providing for collection of the Shanghai customs by a foreign organization with a. view to protecting foreign creditors. Disorganization of railway service by military operations, Japanese seizure of salt and other revenues in North China, and other consequences of war are likely to curtail other sources of funds for debt service, while there will be great pressure to ultilize the revenues remaining to China for war purposes. Japan in contrast with China, has an excellent credit record and is not subject to the-sort of difficulties ndoted above. Still, allocation of exchange for foreign debt service will doubtless be a problem for the Japanese government in view of the. present exchange stringency. STUDENTS LEARN CAROLS TO SING AT YULETIDE sy MARY MARTZ The ne choruses are well organized and are learning college and high = school songs ‘appropriate for the football season. They also sing lyrics such as “Out of the Dust to You” and “Now held by the Exporttmsort five school boys and girls} the Day is Over.’’ The girls chorus has learned as a special feature a comic song ‘‘Way”’ and the boys have harmonized ‘Timber.’ Some time in the future they will sing some A capella songs. Soon they will start Christmas carols as Mrs. Libbey said they would. prepare to sing carols through the’ town in the same fashion as they did last vear. She also plans to some sort of operetta before school closes. although nothing definite been decided. The choruses in the past few years have been a pleasure both to its members and its audiences and Mrs. Libbey may well be proud of her work with them. ROTARY TOHOLD JOINT MEETING THURSDAY NOON A group of Rotary members yesterday devoted several hours to volunteer work on the new annex to Seaman’s hall. Floor joists were laid and sub-flooring gotten well under way. Those taking part in. the work were Chester Scheemer, Clyde Gwin, ‘Oscar Odegaard,, Ted Janiss, Walter Carlson, Horace Curnow, Frank Finnegan and Harley M. Leete.A carpenter directed their activities and will continue the work this week. Next Thursday noon there will be a joint meeting of the Nevada City and Grass Valley: Rotary clubs at luncheon in the National hotel. Samuel T. Farquhar, superintendent of the University of California Press will speak on what the University of California Press does for the people of California. 5. LEE LEITER WILL RE-ENTER BUSINESS HERE S. Lee Leiter for many years own‘er of The Lace House but recently retired when he sold it has decided to re-enter the business life of Nevada City. Mr, Leiter has purchased the Preston News Shop and on October 1 will take charge and conduct it along the same lines as did the late Ben H. Preston and Mrs. M. J. Preston who continued the business after Mr. give has foreign loans have a . COURT HONORS MEMORY E.HLARMSTRONG BURIED WITH MASONIC RITES Private funeral services were held in Grass Valley this morning for the late E. H. Charles Washburn officiated. Interment was Armstrong. Rey. in the Masonic cemetery. Madison Lodge, No. 238 F. and A. M. ducted the graveside services. Deceased passed away at his home on South Auburn street in Grass, Valley on Saturday morning following astroke. He had been in ill health since June. Elmer. H. Avnietrong was an attorney Widely known and highly respected' throughout the county. He was born at. Iowa Hill in 1869. In early life he drove stage. and freight teams. He established the Armstrong Business College in Grass Valley in 1899. In 1913,he was admitted to the bar. In 1914 he was elected district attorney and was re-elected a second term. He was rated as one of the most resourceful, efficient and effective trial lawyers in the history of the county. — He was one of the organizers of the Grass Valley Chamber of Commerce. He was a a member of Tuolumne Lodge No. 8, R. A. M., Grass Valley Chapter No. 18, R. A. M., Quartz Parlor, NS. G. W. and Grass Valley Nest No. 1547, Owls. He served also as an officer of the Nevada County Bar Association and conRoy Terrell, are two brothers, O. E. Armstrong of Beverly Hills. Two sisOF LATE E. H. ARMSTRONG When Superior Court opened this morning Attorney James Snell made a motion for adjournment out of respect to the late E. H. Armstrong of Grass Valley who. passed away SatNEVADA, PLACER HOLD EPWORTH Vv ] By MARY MARTZ The Nevada City high school: Epworth League held a rally here Friday night for the leaguers of Nevada and ‘Placer counties. The reception committee was’ composed of the new local officers. President, Thomas Rickard; first vice president, Laura from the town of Smartville try ‘for tell you that it is impossible for ediwarm. come gradually warmer scend from the mountains until they the luke warm by the time the counurday and who was secretary and a. t member of the Bar Association. has been reached. Attorneys George L. Jones, W. E. We have seen a few sickly white Wright and Lynne Kelley were ap-. fish in the water below Jones Bar, pointed by the court to prepare pro-. But those who really enjoy eating per remarks. Court was set to re-i trout would not be tempted to eat open Friday, October first to hear. the soft flabby meat of these unappetizing members ofthe fin family. . There are exceptions to every stateLEAGUE RALLIES ment, 0 salmon occasionally travel upwards. The old timers tell me that years ago salmon would venture into the Yuba and then become trapped in pot. holes and die, because the water rises and recedes to such an unealculated extent the migratory fish have long since abandoned these waters. . Fish and Game Board Asked to Withdraw Protest to Dams Committeemen for the withdrawing of protest from the California State Fish and Came Commission. Mr. W. G. Allen Smartville, California. Dear Sir: As a member of the California Hydraulic «Mining Association I am aware that the State Fish and Game Cimmission has protested the construction of a dam for the impounding of hydraulic mining debris on the Upper Narrows of the Yuba river. My husband is retired from the United States navy. Chief Mathinist’s Mate from the submarine division. Like many other retired people our principal diversion in life is to travel, hunt, and fish, The, mysterious lodestone that caused the sailors to desert their ships in the bay of San Francisco and flock to the hills has not lost one’ iota of its great power. The hills and moutains of northern California fairly swarm with men/. who have seen service in the navy. We have visited or lived in all the mining districts of Southern and Northern California. We traveled into Kennett where the proposed site of the huge Kennett Dam built. We is to be} went there to spend the ‘week end and stayed eleven months. ! to the South Fork of the Yuba river . tied in the presence of our august, on a gravel mining speculation. We . “ity born commission. But I live dirented a furnished cabin at Bridge. reetly among them and I happen to was widely known in the California. Te main attraction there, at that . State Bar. At the time of his death time, was the deer hunting and the! he was secretary of the Nevada spring and fall run of the salmon. County Bar Association. Five years ago we were attracted . Surviving the deceased attorney besides his wife and daugrter, Mrs. port (seven miles above the proposArmstrong of Bevely Hills. Two sis-. ¢@d site of the Englebright dam) and: ters, Mrs. Nell Bowers of Spokane,. lived at that resort from the first . Washington and Mrs. Mary Board-. of May until the first of October. We i man of Los Gatos also mourn his. Soon learned, to our great regret, . passing. that fishing could not be enjoyed up counmany miles. Even an-amateur fisherman. will le trout to survive in water that is And the icy, snow waters beas they dery in the vicinity of North San Juan } when this area, according to my statement above are verified by the fact that there are no fishing lodges, or clubs with headquarters on this river within five miles of the dam site or fwenty five miles or more up stream Even the people who have lived in .this country all of their lives know they have never enjoyed a day of good fishing within five miles of the dam site. And it is utterly ridiculous to try to believe anyone would attempt: to rely on fishing for subsistence in that area. The Yuba river, as low down ‘as the Narrows, is not considered good fishing territory and to. build expensive fish hatcheries to stock a stream where fish can. not live is fool-hardy., Nor can I see why fish ladders should be built for fish that do not exist. We might just:as serjously build runways and hen houses across the top of the dam for nonexistent chickens. a] . I do not feel that sport fishing . should be given consideration ahead lof hydraulic mining, As T have stat. ed before, I have lived in this country long enough to know it intimati aly. [ know it from a city bred per. /son’s view point and from the general attitude of the old timerts who jhave spent the entire span of their . lives in this region. The old time residents may be a . little slow of spéech and a bit tongue that they dream of the day hydraulic mining will be resumed. They do not dream of a few fish to be enjoyed during the warm /summer months. yy M h ey . know are dreaming of monitors spurting water against the red sides of the ancient channels. They are dreaming of pay days every ‘two weeks. And pay days mean the ghost towns can throw aside their shrouds and step forth in the garb of new stores, new homes, and’ a new lease on life. The citizens will be supplemented by new people from all over America. They will tear down the crumbling shacks and build livable homes and fill them’ with clean, new rugs, new furniture, and stock the kitchens with good red steaks, lamb chops, and roast pork instead of the tasteless flesh of half boiled carp from the tepid waters of the lower If the trout can not live_in the . vaters above the proposed dam, com. mon sense will tellj you they cannot . ; and sportsmen but we are dedicated ive below it. I have never seen bass or salmon this region. n the streams above f course, and I suppose a few I believe the fishing conditions in Price; second vice president, Jean Martz; third vice president, Melvin Cltark; fourth vice president, Phil Angove; fifth vice president, Barbara FPhariss; secretary-treasurer, Bill Rickard; publicity reporter, Ruth Godfrey and pianist, Alice Graham, Roseville, Loomis, Auburn, Colfax and Grass Valley sent representatives and Roseville won the rally banner for the most members present. The Placer-Nevada county alliances officers were elected and were: president, Claude Pratt, first vice presidenit; Marion Cornish, second vice president; Helen Bergtholdt, third vice president, Jean Martz; fourth vice president; Bill Van Ak ezer; fifth vice’ president, Marnie Nile; and treasurer,.Phil Angove. A potlhick supper was served and an entertainment supplied *by Nevada City. The eighty five delegates proclaimed the rally a success and that they had spent a very interesting and enjoyable evening. t 18 1 t Mr. and Mrs. Harry E. Bolton of this city entertained two.sisters and brothers in law of Mrs. Bolton Sunday. They were, Mr. and Mrs. Herman E. Katzer and son, Dixon; Mr. and Mrs, Ted Sinnock and son, Colrax. 4r. and Mrs. Katzer opened a 5-10 vent store in Dixon in August i shoot them. They are the farmiess,”” Preston’s: death. and like their new home. NEVADA CITY B. P. 0. E. both past exalted rulers of Nevada City lodge of Elks and both district deputies for the district of Northern California have been elected to honorary meeting Friday night, of the lodge. Mr. member since 1899: membership both men have been very active given most generously of their time CIVIC CLUB WELCOMES have the pleasure of a visit with an address by Mrs. H. H. Vann of Colusa, president of the Northern District of Women’s Clubs of California, at the meeting tonight in the Brand Studio.-Mrs.-Vann is a pleasHONORS TWO MEMBERS ‘S Lee Leiter and P G. Scadden, life membership at the lodge October 24. Mr. Seadden ig a charter. member Leiter has been a “The honorary membership is exended to them in appreciation of heir long and faithful service to the odge. During the long years of their in the lodge work and have o the lodge. DISTRICT HEAD TONIGHT The Nevada City Civic Club will ing speaker and her coming to Nevada City is much appreciated. by} ‘the local club. a Yuba river. Mr. Baithwaite and myself stand for full consideration toward fish to the gold industry which is the backbone of this great state. The gold industry of Northern California is capable of taking every able bodied man in this region from off the relief dole, and placing them on a self respecting pay. roll. Mining in California came ‘to the rescue of the nation in the criisis of the Civil War. And mining in California will deliver us from the hell-hole of Depression in this present day national crisis if we can keep it out of the greedy hands of corrupter politicians. The gold industry will be handieapped and thwarted as long as it remains a politically impotent seection of the Department of Natural Resources. The Fish and Game Commission are a body of men whose duty it is in life to see that wealthy sportsmen and fishermen may roam over our hills and through our streams when the skies are clear and the sun is shining. The gold mining industry deserves a separate office in our government where it will be in the hands of trained, well-informed men who will keep the pay roll windows open and gold pouring into the channels of industry through the long, hard winters when the snow is deep on the ground, and the rivers frozen over and the sportsmen safe ald secure in their warm homes and offices. Up here on the North San Juan ‘Ridge I have had ample time for study and practical experience in the mining conditions. I am in position . to know if the hdraulic mines again — operate they will open a treasure’ chest wherein lies over half a billion dollars in raw gold. Let us ak twice before we allow a few self terested people from the big of trie ta slose tha Hé on that Mae treasu }for another halt

Thinking Out Loud Nevada City Nu COVERS RICHEST GOLD AREA IN CALIFORNIA * vet it in This. newspaper tries to be helpful in all community enterprises that tend to make this a better place to live. It seeks . to stimulate a healthful growth in business. Those who subscribe to, or advertise in the Nevada City Nugget join with this endeavor. 11, No. 76. . H. M. L. Possibly by the time this is printed, the world will hear a proposal for peace, made jointly by Mussolini and Hitler that will be acceptable to France and Great Britain, and, of course, to this country. For it goes, almost without saying that whatever satisfies the two great European democracies, will be agreeable to us. A war for Mediterranean control will have been averted, Italy’s piracy therein ended. TBS Pending this proposal, it is interesting to speculate upon the terms which Germany and Mussolini might offer to guarantee European peace. We often accuse Oriental peoples of soing to preposterous extremes. to “save facé.’’ But as a matter of fact aside from England, which is content to save its belly and let its face go, there is hardly a nation in the warld that does not assiduously seek to save its face, that is, its prestige in world affairs. From this distance, a satisfactory peace proposal, it would appear, must recognize the Mediterranean as a world highway free to all nations. A guarantee of such freedom would be the dismantling of all fortifications which might be used on a moment’s notice to close that highway to world eommerce. This’ applies with equal force to the Suez canal and the Red Sea. If this sea highway from Gibral; tar to Aden needs policing then that i job should be assigned to the nations that make most. use of it, distributing the burden of cost among them equally. i htis i8 Of immediate importance also is the international war in Spain. Foreign forces, whether of land, sea or air, should withdraw if peace conditions are even to be approximated. Spain must be left to fight out. its own quarrel, permitting each faction & eect RR Ee t to buy such supplies as it can pay for from whatever source available. Whether we shall hear such a prois extremely doubtful, Russia would ecquiesce, ed in uncertainty. might be willing to disengage all forces in Spain in order to have a free hand in the Sino-Japanese controversy. and whether is also veilHowever Russia But here again we face what probably will constitute a major obstaccle to peace in Europe, that is, the war in Asia. Hitler and Mussolini have shown little inclination to take any step to relieve their democratic neighbors of embarrassment. Once assured of European peace, England and France would immediately turn their attention to the Orient. By offering any assured prospect of peace in Europe, therefore, Hitler and Mussolini would virtually permit Great Britain, and in lesser degree France, a free hand in the war between Japan and China. No question but Russia would also intervene more or less openly on behalf of the Chinese. ; { We only. know what we read, as the President is so fond of saying, }. but we really do not expect Mussolini and Hitler to make any worth while peace proposal. To ‘save their faces they cannot back out of Spain, and after all the talk of ‘‘Mare Nostrum”, Mussolini cannot be expected to sing small regarding his Mediterranean pretensions. This is contributed by a Nevada City Republican: “Among the various alphabetical utopian measures of the present administration is the well known F. bh. A., of farm loan association, which sought to aid the farmer and soak the consumer by. killing off a large percentage of the stock in order to raise ‘prices. ; “Tt is told that from New York a certain deserving worthy, who never in his life had seen a hog outside of a butchher shop, was outfitted with a gun, a plentiful supply of ammunition and a check book. He was sent forth to cover a certain rural area of upper New York state and told to do his stuff. “Coming first to a small farm which boasted of more hogs than the Pi regulations permitted, the agent showed his credentials, shot the pro9 per number, saw to their disposal, wrote out a check for the happy farmer and continued on his way. The next place yielded several cattle x which were disposed of in the same 'y manner. “The third place he visited however, proved to be a goat ranch kept iby an Italian. Here the agent was in a quandray, for he had never seen a posal made by Hitler and Mussolini, . @ny such animal, so he hastily wired _The County Seat Paper_ NEVADA CITY, “CALI IFORNIA The Gold Center “MONDAY, SEPT EMBER 27, 1937. FOREIGN BOND HOLDERS WATCH NEW YORK, Sept. 27.— Foreign holders of Chinese and Japanese gzov‘ernment obligations are following events in the Far East with ke>n interest. According to figures compiled by the American Council Institute of Pacific Relations, foreign holdings of Chinese government securities amount to approximately $543 million. Japan’s outstanding — foreign debt is about $658 million, a substantial portion of which, possibly as much as half, has been repatriated through purchase by Japanese nationals. American holdings of Chinese Obligations amount to about $34.5 million; figures for Japan cannot be estimated with any accuracy but are probably considerably larger, ‘ Chinese loans and credits held by foreigners, which amounted on July 1, to approximately $543 million in principal, are about equally divided between loans under the care of the Ministry of Finance and railway obligations. Of the former about $156.7 million are secured against customs revenues, $54.2 million against salt revenues and $60 million against miscellaneous’ securities. Approximately $62.5 million in priucipal and $58.1 million in interest are in default. Of the railway obligations about $174 million are in the form of loans, $78 million in credits of various types and $20 million in advances for which bonds have ‘ not been issued. At the end of 1930, according to Professor Remer, British investors held 31:8 per cent of such obligations;® Japanese, 31.5 per cent (including the unsecured Nishihara loans); French, 13.7 per cent; Belgjan, 6.8 per cent; ItaHan, 5.9 per cent; American, 5.9 per cent; Dutch, German and Scandinavian, 4.4. per cent. These holdings undoubtedly have shifted since 1930, while new loans have increased the share of certain countries, notably Great Britain. American interests have directly participated in four Chinese loans now amounting to about $34.5 million. These are (1) the Hukuang railway loan, originally floated by a consortioum of: British, French, German and American bankers; (2) the “Chicago Loan” of 1919, which was adjusted in April of this year after having been long in arrears; (3) the Republic of China 6 per cent Two Year Secured Gold Loan Treasury Notes of 1919 issued by the Pacific Development Co. and reorganized on SUL yeu; 1937 after default; (4) the Chinese Government 5 per cent Cotton and Wheat Loan of June 1933, originally granted in the form of cotton, wheat .anfflour by the Reconstruction Finance Corporation and the Grain Stabilization Corporation, RTHDAYSI!! BIR we Send a Greeting . to Your Friends. dosicehee 29, 1937 MARJORIE COOK Nevada City MRS. LUCILLE ©. JOHNSON Jordan Street October 1 EK. P. SUTTON Nevada City October 2 EDDIE ESPINOSA Jamptonville D. E. COUGHLAND Main Street DR. J. R. WEY Broad Street MARIE POIRER R, F. D. Nevada City October 4 MRS. CLARA PHILLIPS West Broad Street MR. MRS. _— Happy Birthday through his book of instructions, he could find no reference whaitteevr to Washington as follows: ‘I have come across some peculiar animals; they have long beards, are always on the go, and smell awful strong. What shall I do?” “The answer came quickly from headquarters and equally competent officials: “For God’s @ake don’t goat before and, looking vainly WAR IN ORIENT and now Bank. Foreign obligations of the Japanese. government were on June § 38 about $658 million, ineluding sterling (1889, 1907, 1910, 1924, 1930), one france (1910) and two dollar (1924,°1930) loans as well as sterling obligations of the South Manchuria Railway. Of these amounts approximately 60 per cent were in sterling bonds, 28 per cent in dollars and 12 per cent in franes. However, several years ago, when Japan‘ese bonds in foreign markets were selling at low prices and Hence offered high yields, considerable quantities of them were bought up by Japanese. interests. Disruption of China's foreter trade by the exigencies of war would serinusly affect customs revenues, upon which many first lien. In this connection it is of interest to note the proposal now being discussed in Shanghai, providing for collection of the Shanghai customs by a foreign organization with a. view to protecting foreign creditors. Disorganization of railway service by military operations, Japanese seizure of salt and other revenues in North China, and other consequences of war are likely to curtail other sources of funds for debt service, while there will be great pressure to ultilize the revenues remaining to China for war purposes. Japan in contrast with China, has an excellent credit record and is not subject to the-sort of difficulties ndoted above. Still, allocation of exchange for foreign debt service will doubtless be a problem for the Japanese government in view of the. present exchange stringency. STUDENTS LEARN CAROLS TO SING AT YULETIDE sy MARY MARTZ The ne choruses are well organized and are learning college and high = school songs ‘appropriate for the football season. They also sing lyrics such as “Out of the Dust to You” and “Now held by the Exporttmsort five school boys and girls} the Day is Over.’’ The girls chorus has learned as a special feature a comic song ‘‘Way”’ and the boys have harmonized ‘Timber.’ Some time in the future they will sing some A capella songs. Soon they will start Christmas carols as Mrs. Libbey said they would. prepare to sing carols through the’ town in the same fashion as they did last vear. She also plans to some sort of operetta before school closes. although nothing definite been decided. The choruses in the past few years have been a pleasure both to its members and its audiences and Mrs. Libbey may well be proud of her work with them. ROTARY TOHOLD JOINT MEETING THURSDAY NOON A group of Rotary members yesterday devoted several hours to volunteer work on the new annex to Seaman’s hall. Floor joists were laid and sub-flooring gotten well under way. Those taking part in. the work were Chester Scheemer, Clyde Gwin, ‘Oscar Odegaard,, Ted Janiss, Walter Carlson, Horace Curnow, Frank Finnegan and Harley M. Leete.A carpenter directed their activities and will continue the work this week. Next Thursday noon there will be a joint meeting of the Nevada City and Grass Valley: Rotary clubs at luncheon in the National hotel. Samuel T. Farquhar, superintendent of the University of California Press will speak on what the University of California Press does for the people of California. 5. LEE LEITER WILL RE-ENTER BUSINESS HERE S. Lee Leiter for many years own‘er of The Lace House but recently retired when he sold it has decided to re-enter the business life of Nevada City. Mr, Leiter has purchased the Preston News Shop and on October 1 will

take charge and conduct it along the same lines as did the late Ben H. Preston and Mrs. M. J. Preston who continued the business after Mr. give has foreign loans have a . COURT HONORS MEMORY E.HLARMSTRONG BURIED WITH MASONIC RITES Private funeral services were held in Grass Valley this morning for the late E. H. Charles Washburn officiated. Interment was Armstrong. Rey. in the Masonic cemetery. Madison Lodge, No. 238 F. and A. M. ducted the graveside services. Deceased passed away at his home on South Auburn street in Grass, Valley on Saturday morning following astroke. He had been in ill health since June. Elmer. H. Avnietrong was an attorney Widely known and highly respected' throughout the county. He was born at. Iowa Hill in 1869. In early life he drove stage. and freight teams. He established the Armstrong Business College in Grass Valley in 1899. In 1913,he was admitted to the bar. In 1914 he was elected district attorney and was re-elected a second term. He was rated as one of the most resourceful, efficient and effective trial lawyers in the history of the county. — He was one of the organizers of the Grass Valley Chamber of Commerce. He was a a member of Tuolumne Lodge No. 8, R. A. M., Grass Valley Chapter No. 18, R. A. M., Quartz Parlor, NS. G. W. and Grass Valley Nest No. 1547, Owls. He served also as an officer of the Nevada County Bar Association and conRoy Terrell, are two brothers, O. E. Armstrong of Beverly Hills. Two sisOF LATE E. H. ARMSTRONG When Superior Court opened this morning Attorney James Snell made a motion for adjournment out of respect to the late E. H. Armstrong of Grass Valley who. passed away SatNEVADA, PLACER HOLD EPWORTH Vv ] By MARY MARTZ The Nevada City high school: Epworth League held a rally here Friday night for the leaguers of Nevada and ‘Placer counties. The reception committee was’ composed of the new local officers. President, Thomas Rickard; first vice president, Laura from the town of Smartville try ‘for tell you that it is impossible for ediwarm. come gradually warmer scend from the mountains until they the luke warm by the time the counurday and who was secretary and a. t member of the Bar Association. has been reached. Attorneys George L. Jones, W. E. We have seen a few sickly white Wright and Lynne Kelley were ap-. fish in the water below Jones Bar, pointed by the court to prepare pro-. But those who really enjoy eating per remarks. Court was set to re-i trout would not be tempted to eat open Friday, October first to hear. the soft flabby meat of these unappetizing members ofthe fin family. . There are exceptions to every stateLEAGUE RALLIES ment, 0 salmon occasionally travel upwards. The old timers tell me that years ago salmon would venture into the Yuba and then become trapped in pot. holes and die, because the water rises and recedes to such an unealculated extent the migratory fish have long since abandoned these waters. . Fish and Game Board Asked to Withdraw Protest to Dams Committeemen for the withdrawing of protest from the California State Fish and Came Commission. Mr. W. G. Allen Smartville, California. Dear Sir: As a member of the California Hydraulic «Mining Association I am aware that the State Fish and Game Cimmission has protested the construction of a dam for the impounding of hydraulic mining debris on the Upper Narrows of the Yuba river. My husband is retired from the United States navy. Chief Mathinist’s Mate from the submarine division. Like many other retired people our principal diversion in life is to travel, hunt, and fish, The, mysterious lodestone that caused the sailors to desert their ships in the bay of San Francisco and flock to the hills has not lost one’ iota of its great power. The hills and moutains of northern California fairly swarm with men/. who have seen service in the navy. We have visited or lived in all the mining districts of Southern and Northern California. We traveled into Kennett where the proposed site of the huge Kennett Dam built. We is to be} went there to spend the ‘week end and stayed eleven months. ! to the South Fork of the Yuba river . tied in the presence of our august, on a gravel mining speculation. We . “ity born commission. But I live dirented a furnished cabin at Bridge. reetly among them and I happen to was widely known in the California. Te main attraction there, at that . State Bar. At the time of his death time, was the deer hunting and the! he was secretary of the Nevada spring and fall run of the salmon. County Bar Association. Five years ago we were attracted . Surviving the deceased attorney besides his wife and daugrter, Mrs. port (seven miles above the proposArmstrong of Bevely Hills. Two sis-. ¢@d site of the Englebright dam) and: ters, Mrs. Nell Bowers of Spokane,. lived at that resort from the first . Washington and Mrs. Mary Board-. of May until the first of October. We i man of Los Gatos also mourn his. Soon learned, to our great regret, . passing. that fishing could not be enjoyed up counmany miles. Even an-amateur fisherman. will le trout to survive in water that is And the icy, snow waters beas they dery in the vicinity of North San Juan } when this area, according to my statement above are verified by the fact that there are no fishing lodges, or clubs with headquarters on this river within five miles of the dam site or fwenty five miles or more up stream Even the people who have lived in .this country all of their lives know they have never enjoyed a day of good fishing within five miles of the dam site. And it is utterly ridiculous to try to believe anyone would attempt: to rely on fishing for subsistence in that area. The Yuba river, as low down ‘as the Narrows, is not considered good fishing territory and to. build expensive fish hatcheries to stock a stream where fish can. not live is fool-hardy., Nor can I see why fish ladders should be built for fish that do not exist. We might just:as serjously build runways and hen houses across the top of the dam for nonexistent chickens. a] . I do not feel that sport fishing . should be given consideration ahead lof hydraulic mining, As T have stat. ed before, I have lived in this country long enough to know it intimati aly. [ know it from a city bred per. /son’s view point and from the general attitude of the old timerts who jhave spent the entire span of their . lives in this region. The old time residents may be a . little slow of spéech and a bit tongue that they dream of the day hydraulic mining will be resumed. They do not dream of a few fish to be enjoyed during the warm /summer months. yy M h ey . know are dreaming of monitors spurting water against the red sides of the ancient channels. They are dreaming of pay days every ‘two weeks. And pay days mean the ghost towns can throw aside their shrouds and step forth in the garb of new stores, new homes, and’ a new lease on life. The citizens will be supplemented by new people from all over America. They will tear down the crumbling shacks and build livable homes and fill them’ with clean, new rugs, new furniture, and stock the kitchens with good red steaks, lamb chops, and roast pork instead of the tasteless flesh of half boiled carp from the tepid waters of the lower If the trout can not live_in the . vaters above the proposed dam, com. mon sense will tellj you they cannot . ; and sportsmen but we are dedicated ive below it. I have never seen bass or salmon this region. n the streams above f course, and I suppose a few I believe the fishing conditions in Price; second vice president, Jean Martz; third vice president, Melvin Cltark; fourth vice president, Phil Angove; fifth vice president, Barbara FPhariss; secretary-treasurer, Bill Rickard; publicity reporter, Ruth Godfrey and pianist, Alice Graham, Roseville, Loomis, Auburn, Colfax and Grass Valley sent representatives and Roseville won the rally banner for the most members present. The Placer-Nevada county alliances officers were elected and were: president, Claude Pratt, first vice presidenit; Marion Cornish, second vice president; Helen Bergtholdt, third vice president, Jean Martz; fourth vice president; Bill Van Ak ezer; fifth vice’ president, Marnie Nile; and treasurer,.Phil Angove. A potlhick supper was served and an entertainment supplied *by Nevada City. The eighty five delegates proclaimed the rally a success and that they had spent a very interesting and enjoyable evening. t 18 1 t Mr. and Mrs. Harry E. Bolton of this city entertained two.sisters and brothers in law of Mrs. Bolton Sunday. They were, Mr. and Mrs. Herman E. Katzer and son, Dixon; Mr. and Mrs, Ted Sinnock and son, Colrax. 4r. and Mrs. Katzer opened a 5-10 vent store in Dixon in August i shoot them. They are the farmiess,”” Preston’s: death. and like their new home. NEVADA CITY B. P. 0. E. both past exalted rulers of Nevada City lodge of Elks and both district deputies for the district of Northern California have been elected to honorary meeting Friday night, of the lodge. Mr. member since 1899: membership both men have been very active given most generously of their time CIVIC CLUB WELCOMES have the pleasure of a visit with an address by Mrs. H. H. Vann of Colusa, president of the Northern District of Women’s Clubs of California, at the meeting tonight in the Brand Studio.-Mrs.-Vann is a pleasHONORS TWO MEMBERS ‘S Lee Leiter and P G. Scadden, life membership at the lodge October 24. Mr. Seadden ig a charter. member Leiter has been a “The honorary membership is exended to them in appreciation of heir long and faithful service to the odge. During the long years of their in the lodge work and have o the lodge. DISTRICT HEAD TONIGHT The Nevada City Civic Club will ing speaker and her coming to Nevada City is much appreciated. by} ‘the local club. a Yuba river. Mr. Baithwaite and myself stand for full consideration toward fish to the gold industry which is the backbone of this great state. The gold industry of Northern California is capable of taking every able bodied man in this region from off the relief dole, and placing them on a self respecting pay. roll. Mining in California came ‘to the rescue of the nation in the criisis of the Civil War. And mining in California will deliver us from the hell-hole of Depression in this present day national crisis if we can keep it out of the greedy hands of corrupter politicians. The gold industry will be handieapped and thwarted as long as it remains a politically impotent seection of the Department of Natural Resources. The Fish and Game Commission are a body of men whose duty it is in life to see that wealthy sportsmen and fishermen may roam over our hills and through our streams when the skies are clear and the sun is shining. The gold mining industry deserves a separate office in our government where it will be in the hands of trained, well-informed men who will keep the pay roll windows open and gold pouring into the channels of industry through the long, hard winters when the snow is deep on the ground, and the rivers frozen over and the sportsmen safe ald secure in their warm homes and offices. Up here on the North San Juan ‘Ridge I have had ample time for study and practical experience in the mining conditions. I am in position . to know if the hdraulic mines again — operate they will open a treasure’ chest wherein lies over half a billion dollars in raw gold. Let us ak twice before we allow a few self terested people from the big of trie ta slose tha Hé on that Mae treasu }for another halt