LOOKING
AHEAD
tv GFOKGF S 8fN<0N
Seamy. Arkansas
TAX LEAKS
Prophets of business trends for
several years before Pearl Har
bor were predicting a building
boom to be in pr >gress aboih
now. They reasoned that one
fourth of America’s pop Nation, j
an unusually large share, would '
reach an age to he married be- ,
tween 1940 and I94fi. It seemed
reasonable enough to guess that
a lively demand for new homes
would develop quite naturally.
Wor'd War No. 2 gave this
forecast a setback but did not
change the facts much. A record
bre:< ung number of new families
and the looked-for building boom
i;- growing whlie t waits. “When
war end- and restrictions are re
moved fr >m lumber and hard
ware." the experts say, "Look out
for a big. hurry-up demand for
places to live ”
BUILD GOOD HOMES
A home is a valuable th:ng.
worth owning; every new one
brings lasting benefit to a com
munity if the house is worth what
it costs. But houses that are not ,
of sound construction are public |
liabilities. The owner of a good
house in a good community pays ;
taxes on his property willingly j
^ .1. » ft..k • t J. J. J.J. J
but an abandoned house yields no
taxes and lowers the value otf
every other house for blocks
, around.
Most res donees are built before
they are sold and are bought with
UvAn.xd cupi i.i. .J money Ion 1
er holding a mortgage. There was
a time when a mortgage was am
ple protection because land gain
ed value faster than houses lost
it. but not lately. Houses cost five
to ten times as much as lots and
back in 1936, the government be
gan insuring mortgages to keep
business active.
COSTS YOU AND ME
The depress on-born idea still
lives. The banker carries the
house-buyer and the national
treasury carries the banker, bul
who carries the Treasury? An
swer: the taxpayer! If Mr. Buy
er's new house is a “jerry" he
abandons it. The banker takes i
over and the Treasury pays of!
but the payer of federal taxes is
stuck. He has a financial interest j
in every government-financed |
hou^e.
Local taxes are involved even j
more. Building helps a town, in- ]
deed. Each new home in a good !
subdivision means a new man to |
help pay the cost of running the j
city, “broadens the tax base.
But vacant houses pay no taxes.
They only raise the rates on other
older homes in more substantial
parts of town. Such leaks of rev
enue ought to stop. With every
economy, taxes will be higher
after this war than ever before.
| NORTHERN LIGHT & |
I POWER CO. |
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I* OUR DOLLARS ARE AT THE FRONT |
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MORE ARE NEEDED 1
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GROWING WITH ALASKA H
*; *. • :
:• Wien Alaska Airlines, Inc. !!
j: +
;; Nowr Offers *\
;; Modem, Comfortable & Convenient
• Transportation with , !!
* * •• . ii
Boeing Transports
o J;
;; Thrice - Weekly Between Nome and Fairbanks ;i
«• j\
:! NOME FAIRBANKS ;;
!! Main 46 Office, Harvard 573 j;
| Black 153 Hangar, Harvard 115 j;
Building booms affect every
body. Business improves when
they start, prospers while they
last and goes into a lull when
they stop. But a boom can be a
■-vvmtprfeit. T.oan^ ought to bo
.-joy on well-built houses ana im
possible on poor ones. When gov
ernment underwrites a shoddy
$hack it amounts to making tax
payers guarantee a sweet profit
to any dishonest builder who can
fool a banker. It has been done.
At a very small additional cost
any honorable builder can give
assurance of a quality structure
to his customers, to their bank
ers and to the Treasury, with a
certificate of structural rating. Or- ;
ganizations of established real es-'
tate brokers have power to en
force standards of home con
struction as high as any com
munity demands. Workable ma
V. « * * « • * * * * *
chinery exists already, at the
command of civic leaders and
taxing officials.
A DUST HARVEST
LITCHFIELD PARK, Ariz. —
CAP>—Dus* if the !:•* •••! rrr
of the Goodyear Farms here.
Nine 55-gallon drums of Arizona
dust recently were sent to St.
Paul, Minn., where manufactur
ers of air cleaners wanted the j
dust for test purposes.
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Oh. Oh! 'S Wrong Way!
COAL In CustomersWith
advertising
i I'soked by (rood Service f
i*+•>
! MINERS & MERCHANTS j
! BANK OF ALASKA | *
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| NOME :: ALASKA $
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II ERE is the estimated rate of U. S. war spending per minute V*
I I for the fiscal year beginning July I, 1944. Figures are «*►
based on an estimate by Budget Director Harold D. Smith. JlL
X I X
❖ ♦ An AP FEATURES PICTOORAPH _ H< <£4
♦> # # .... ❖
^Actually the war is now in its critical stage, which is just why >4
«£► our men need your support as never before, why they need you to ♦>
help pay for the mass of materials of all kinds that will bring! crush- «?♦
♦♦♦ ing defeat to our enemies that much sooner.. i
Of course, you’ve done your part in the several loan drives—
4$4 but they’ve done theirs in the grim, bloody battle and THEY aren t
«$> resting on what they’ve done before! Jt4
They’re carrying thev fight to the enemy wherever they can
Y reach him, every day—more of your dollars are needed every day, V
Y too! Y
Y Y
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I PACIFIC AMERICAN |
| FISHERIES, INC. I*
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