Ridgway Says No Troop
Withdrawals from Europe
In Foreseeable Future
WASHINGTON, (tf—Gen. Mat
thew B. Ridgway testified Tues
day that Western Europe cannot
■take over its own defense alone
“in the foreseeable future.”
The retiring commander of
North Atlantic Treaty organiza
tions forces also told the Senate
Foreign Relations Committee that
the Russian “peace offensive” is
putting brakes on the military
build-up of the free world thru
its effect on public opinion in
Europe.
Appearing in support of the ad
r
ministration’s $5,800,000,000 for
eign aid program for the year
beginning July 1, Ridgway said
“It is going to take a long time
to develop self-sufficiency in the
military field” so that American
troops can come home.
When he was NATO command
er, President Eisenhower spoke
hopefully of being able to begin
U.S. troop withdrawals some time
in 1954.
Sen, Gillette (D-Iowa) asked if
the European defense community
could take over Western Europe’s
defenses alone when it comes into
being or shortly thereafter.
“I don’t see it for the fore
seeable future,” Ridgway replied.
WEATHER FORECAST
Compiled by the
U.S. Dept, of Commerce Weather Bureau
Continued clear tonight and
Thursday. Winds light and vari
able occasionally becoming N E
10 to 15 mph. Lowest tempera
ture expected tonight 40, high to
morrow 60.
Nome data last 24 hours as of
7 a.m. today: High temperature
61, low 37. Max. wind 12 mph
from the north. Sunrise at 2:23
a.m., sunset at 9:33 p.m.
Temperatures a year ago today:
high 38, low 31. Extremes this
date since 1907: high 57 in 1912,
low 12 in 1933.
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_A
A REPORT TO OUR OPERATIONS
May 14, 1953
Last year for your information we published a statement covering revenue and expenses on our
Alaska operations for the post-war years during which our business had been conducted on a private
basis—1949, 1950, 1951. In this report those years, adjusted as of March 31, 1953, are included along
with the results of our 1952 operations as of that date. '
A year which was expected to be a success on the basis of anticipated traffic movement and ad
vance passenger reservations, 1952 proved to be one of our worst due largely to two strikes which in
terrupted operations for a total of 86 days, a major portion of which was in the heart of the heavy
traffic season.
The overall result of the past five years has been most disappointing. However, we are continu
ing our efforts to improve our service and to operate with the utmost economy and efficiency.
D. E. SKINNER
Vice-President and General Manager ■
Revenue A Expenses—Alaska Operations 1949 1950 1951 1952
REVENUES:
Freight.$12,928,471 $12,186,505 $15,158,350 $13,089,942
Passenger. 1,724,310 1,437,943 1,6)9,704 1,198,939
Other.__ 41,405 110,986 191,282 131,782
TOTAL REVENUE . . . $14,694,186 $13,735,434 $16,969,336 $14,420,663
OPERATING EXPENSES:
Wages (Inc. Overtime, Vacations
& Payroll Taxes).$ 4,076,362 $ 3,695,892 $ 4,859,579 $ 4,388,496
Subsistence—Board & Lodging . . 956,677 850,470 1,002,001 852,229
Stores, Supplies, Equipment. . . 527,666 452,170 660,946 514,733
Maintenance & Repairs .... 675,661 527,524 537,938 489,263
Fuel.. 988,594 778,422 1,012,401 767,881
Insurance (Hull & Other) . . . 872,140 732,786 672,431 626,244
Insurance (P. & I. A
Claim Expense). 312,736 335,157 482,440 368,896
Charter Hire. 759,959 480,838 662,629 514,817
Other Vessel & Voyage Expense . 121,461 172,865 192,406 1 97,831
Stevedoring. 3,710,001 3,543,077 4,685,442 • 3,788,179
Wharfage & Dockage .... 217,772 211,105 241,655 283,071
Brokerage—Freight & Passenger . 58,232 56,321 99,241 88,417
Other Port & Cargo Expense . . 314,819 332,541 465,857 452,921
Depreciation ........ 181,309 207,198 223,424 189,249
Overhead. 1,037,772 1,177,193 / 1,164,045 1,307,108
TOTAL EXPENSE . . . $14,811,161 $13,553,559 $16,962,435 $14,829,335
. =—— __ = \ •
NET RESULT.($ 116,975) $ 181,875 $ 6,901 ($ 408,672)
Loss Loss
ALASKA STEAMSHIP COMPANY
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