THE NOME NUGGET
Published Monday, Wednesday and Friday by the
NOME PUBLISHING CO.
NOME, ALASKA
Telephone Main 125 SI.50 PER MONTH
P.O. Box 610 • $16.00 A YEAR
E. P. BOUCHER .f.. Managing Editor
CLINTON GRAY . Prsduction Manager
Entered as second class matter October 14, 1943, at the
post office at Nome. Alaska, under Act of March 3, 1879.
Subscribers not receiving their paper by 5:30 p.m. call
Main 125 for special delivery. After 5:30 call Black 102.
Now Russians, Too, Can Go in Hock
(Christian Science Monitor)
AMERICAN CONSUMERS are in debt to the ex
tent of $35 billion for automobiles, television sets,
stoves, washing machines, diamond rings, motorboats,
.vacation trips, and other items which, by paying a
finance charge, they can enjoy while they earn.
Never loath to copy capitalist society in “exploit
ation” of the wage earner, the Russian Republic
(which constitutes more than half of the Soviet
Union) is embarking on the sea of installment sales.
Under the Communist plan, customers will be able to
buy motorcycles, bicycles, record players, cameras,
watches, clothing, and a number of other items for
20 to 25 per cent down and have six months to a year
to complete their payments.
This will be no proposition of “a ruble now and
a ruble when you catch me” with the Soviet consumer.
The state will make sure of its payment by a deduction
from his pay at the state factory where he works. In
the “robber baron” era of American mining develop
ment this would have been known as a check-off for
the company store.
But gradually the Soviet consumer is coming to
enjoy the advantages of a maturer economic society.
This is partly a matter of accumulation of enough
capital to finance installment selling or “hire pur
chase,” as the British call it. And in the Russian case
it is partly a matter of consumer sentiment registering
its demands even with a totalitarian government. If
'Ivan and Nina mean to engage Joe and Mary in peace
ful competition” over the expansion of consumer
credit, welcome to them. _
■ - r'~ -1
\
Northern Metal Works
Ocean Floor Needs
Rcsurveying After
1957 Earthquake
SEATTLE, UP)—A complete re- !
survey of the ocean floor will be
required near the center of the
massive Alaska earthquake in the
summer of 1957.
The Coast and Geodetic Survey
ship Bowie arrived back in Seat
tle Wednesday with evidence to
) support the survey ship Pathfind
1 er’s report last year that the
I earthquake apparently crumpled j
I the ocean floor into great ridges !
and gorges in the vicinity of Lit
uya Bay and elsewhere along the
fault.
Cmdr. Harold Seaborg, skipper |
of the Bowie, said waters in the
area still are deep enough for all
shipping. However, changes in
the ocean floor have made pre
sent charts obsolete, and navi
gators would not be able to locate
their positions from soundings.
The Pathfinder also returned
from this year’s charting and
oceanographic work in the Bering
Sea.
Capt. R. R. Rubottom of the
Pathfinder reported excellent
weather this summer in Alaska
wafers where his ship operated.
The Pathfinder crew was able to
take extensive samples of water
for analysis of temperature and
chemical and oxygen content.
Those samples bore out earlier
indications of at least a tempor
ary reversal in warming trends
the past few years through North
Pacific waters.
Federal Action Predicted
Soon If There Is No
Settlement of Steel Strike
WASHINGTON, W) — Govern
ment officials, taking their cue
from Secretary of Labor James
Mitchell, maintained tight-lipped
silence on the timing of possible
government intervention in the
steel strike.
Mitchell, after a long huddle
with President Eisenhower and
other top level officials Wednes
day told newsmen he would not
predict what action, if any, the
government might take, or when
it might be taken.
Despite the silence of govern
ment officials, however, informed
sources continued to predict fed- ,
eral action if the strike continues ,
much longer in the face of the
President’s appeal for hard, inten
sive collective bargaining.
If a”.d when the government
decides to move in, the first step
might be an allocation system for
parcelling out the dwindling sufP
plies of steel. Defense require
ments would be given high prior
ity.
Fine Jcb Printing At The Nugget.
THE
BIBLE
BAPTIST
CHURCH
— Front and Steadman —
Invites You to Hear
THE
WORD OF GOD
— SERVICES —
SUNDAY MORNING
• 10 a.m.—Sunday School
• 11 a.m.—Gospel Message
SUNDAY NIGHT
• 7 p.m.—Gospel Message
And Song Service
WEDNESDAY NIGHT
• 7:00 p.m.—Bible Study
BOB LEIGHT
Missionary Pastor
EVERYONE WELCOME !
11_ .
jgV Freea ' s
p Get ready
now
£j • with I
Our budget plan spreads the cost of your heating oil
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ill Now’s the time to call your Standard Man and arrange < -
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}'' ^ Far information on any petroleum product, call your local Standard Man
STANDARD OIL COMPANY
OF CALIFORNIA
Mr. K. Plugs for Russian - U.S. Trade
By ARTHUR EDSON
PITTSBURGH, (JPI — Nikita
Khrushchev, in one of his gayest,
bounciest moods, Thursday plug
ged for Russian -American trade,
offered to sign for equipment
right now, and then swapped his
watch for a cheap cigar.
The discussion, and the unusual
exchange of gifts, took place dur
ing a visit to the Mesta Machin
ery Co.
An optimistic note has come
from Adlai Stevenson, the 1952-56
Democratic presidential candi
date. After talking with Khrush
chev in Iowa Wednesday, Steven
son said:
“I think Mr. Khrushchev is ser
ious and wants to reduce the bur
den and danger of armaments
step by step with simultaneous in
spection and control appropriate
to each step.
“At least this proposal should
be carefully considered and not
dismissed as propaganda.”
Khrushchev Thursday repeat
edly discussed trade, and, then,
as if to prove how ready he is to
do some swapping, this took
place:
As Khrushchev was greeting
workers at the Mesta plant, one
of them, Kenneth Jackey, of fere 4
him a cigar, the kind that for 31
cents you get five.
Swaps Watch For Cigar
Khrushchev gratefully accepte:!
it, and whipped off his wrist
watch and gave it to Jackey. So
viet officials said 'the watch is
worth between $25 and $40.
As he toured the big Mesta
plant, Khrushchev admired the
big machinery that is used to
equip steel mills. Repeatedly he
said:
“Let’s buy it. Let’s sign now.”
“Sure,” replied his escort, com
pany vice president W.W. Powell.
“Yes, yes, yes, sure, sure, sure,
NOME SANITARY
SERVICE
Phone Main 1
P. O. Box 460
but you don’t do anything about
it,” Khrushchev shot back.
Nearly all the big machinery
Khrushchev saw has been em
bargoed from shipment to Russia
becau.se of its war potential.
Khrushcjiev twitted his hosts
with:
“How is it you Americans have
lost one of your features peculiar
to Americans? You used to be
very bold, and you used to t”ade
with the whole world. But of late
some kind of devil must have
frightened you because vo: are
afraid to stick out your -asa for
fear the devil will imprison you.”
The Soviet leader, p ration
Showing on his forehead f >m the
hot blast furnaces, at c-'e point
ventured so close to a machine
that his official esco't, Ambassa
dor Henry Cabot Led e, called
out:
“Stop! Stop! It’s very danger
ous. Don’t let him get too close.”
Khrushchev inspected the com
pany kitchen, dining room and
even the company conference
room where he said he would sit
down “If I can find something
for a profit.”
He gaily invited half a dozen
waitresses to fly back to Mos
cow with him.
“Sure, why not?” one replied.
But Khrushchev walked on with
out taking her along
Reporters who have been with
Khrushchev agreed that rarely
has he been in A better mood.
Possibly there was a reason. The
crowds were the largest since he
left New York.