THE NOME NUGGET
Published Monday, Wednesday and Friday by the
NOME PUBLISHING CO.
NOME, ALASKA
E. P. BOUCHER .. Managing Editor
CLINTON GRAY ... Production Manager
Telephone: Main 125 $1.50 PER MONTH
P.O. Box 618 $16.00 A YEAR
Subscribers not receiving tueir papers by 5:30 p.m. call
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Entered as second class matter October 14, 1943 at the
postoffice at Nome, Alaska, under Act of March 3, 1879
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7\
DIVIDENDS PAY FOR NECESSITIES
The News-Herald, of Italy, Texas, has made this
editorial statement: “The American way of capitalizing
industry amounts to a partnership of millions of wage
earners and investors.
“A survey of this community to determine the
number of people who benefit from stock dividends
would surprise many who have the antiquated picture
in their mind of a stockholder as a bloated individual
manipulating a pair of shears as he clips coupons. It
would show more than a few, we are sure, who depend
on their dividents to help pay for the necessities of life.”
In this modern era, stock ownership is primarily
for the many with moderate incomes, rather than for
the few in the upper brackets.
—
KEY TO ECONOMIC ADVANCE
Harley L. Lutz, an authority on taxation, recently
made this important contribution to current discussions
of revision of our tax system: “. . . there has been some
disposition to repeat the age-old but fallacious argu
ment that what is needed is more consumption rather
than more investment. This is the issue of a static
versus a dynamic economy. The key to future economic
advance and to the maintenance of employment, pro
duction, and income, is capital formation.”
A sound and constructive tax policy must do every
thing within reason to encourage people to invest their
savings in productive, employing enterprise, both large
and small. And that means, in turn, that the people
who take the risks involved must see an opportunity to
earn a fair return on their investmen.
Great Falls, Mont., Leader: “We have evidence
there is a brand new philosophy being promoted in
Washington. It comes from Secretary of the Treasury
Humphrey. He says: ‘The people can spend their own
money for their own account and in their own way
for what they want much better than the government
can spend it for them.’ For more than 20 years the
people have been given to understand that only
Washington had all the answers.”
We hear that next year’s bathing suits are barely
big enough to keep a girl from being tanned where
she ought to be.
Supreme Court Rules Out Segregation
Twenty-one states which maintain schools ior Negroes are snaded in this map. The U. S. Supreme
Court unanimously outlawed racial segregation in public school as a violation of the constitution.
Secretary McKay and Party Will
Spend July 23 In The Nome Area
<AP Special Washington Servirel
WASHINGTON, UP) — The In
terior Department announced the
Secretary McKay will arrive at
Anchorage on July 17 to start a
busy 10-day inspection tour of
Alaska.
He will be accompanied by
Mrs. McKay and department of
ficials, including Director Wil
liam C. Strand of the Office of
Territories, former Fairbanks
newspaperman.
The detailed plans:
July 17—The secretary’s party
will inspect the ANS hospital at
Anchorage. He will also inspect
the F&WS seaplane port and sur
vey facilities of the Alaska Rail
road.
July 18—After church services
at Anchorage, the party will tra
vel by the Alaska Railroad to
Whittier to inspect the transporta
tion base there, and then on to
Seward to inspect the Seward
docks and other facilities.
July 19—A tour of Elmendorf
Air Force Base and Fort Richard
son will be followed by a flight
to Valdez. A drive through Key
stone Canyon to Thompson Pass
will be followed by a reception
at Cordova.
July 20—A motor tour will be
made to the department’s Eklutna
hydroelectric project on the way
to Palmer, where the Secretary
will join municipal officials and
others for a tour through the
Matanuska Valley to Wasilla.
Then the party will travel by rail
to Mount McKinley.
July 21—The party will travel
by rail to Fairbanks to inspect
railroad facilities, the University
of Alaska and gold dredging op
erations.
July 22 — The Secretary will
visit the Arctic Research Labora
tory at Barrow and meet with
Eskimo community leaders. A
visit to Kotzebue to inspect seal
and fishery operations will be fol
lowed by a flight to Nome.
July 23 — Most of the day
will be spent touring the Nome
area and meeting with various
Eskimo groups. A reception and
lunch have been arranged by
the Chamber of Commerce,
after which the Secretary will
fly back to Fairbanks and make
an evening inspection of Ladd
Air Force Base.
July 24—The party will fly to
Juneau, with a stopover at White
■>-1
horse, Canada. The secretary will j
visit the famous Mendenhall Gla
cier. The secretary and Mrs. Mc
Kay will be guests at an after
noon public reception given by
Gov. Frank Heintzleman at the
Governor’s mansion.
July 25—After church services
at Juneau the party will watch
the final day of fishing in the
Golden North Salmon Derby.
July 26—The party will inspect
Mount Edgecumbe hospital and
the Pioneer Home at Sitka, and
luncheon at Petersburg.
July 27—The party will confer
with business and community
leaders in the Ketchikan area,
have lunch at the new pulp mill,
leave late in the afternoon on
the return to Seattle.
McKay will be the first Secre
tary of the Interior to visit Al
aska since 1946 and the second to
go there in 22 years.
Alaska Spuds Produce
Potato Chips As Good Or
Better Than Stateside
Potato chips from locally grown
tubers provide a potential market
for Alaskan potato farmers, Cur
tis H. Dearborn, University of Al
aska extension horticulturalist,
said recently.
Clarence Nelson and Earl Stene
hjen of the Anchorage Potato
Chip Co. work with Dearborn to
test potato varieties. So far the
Kennebec potato is the only com
mercial variety considered satis
factory for chipping purposes.
Both Arctic Seedling and Knik
varieties are rated low for potato
chips, Dearborn said.
Of the four new varieties avail
able through the Alaska Certified
Seed Growers Association for
commercial production, 114-3 and
47.3 produce chips as good or
better than chips made from
stateside potatoes. The numbered
varieties will be given names soon
so that homemakers may ask for
them in the stores another year.
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