Alaska Mining
News Notes
<Sept. TDM Bulletin)
By Territorial Dept, of Mines
New Assessment
Work Law
We didn’t think it would pass
this year, but it did. The assess
ment work bil] changing the
deadline date was signed into
law. Starting next year, 1959, the
deadline for completing assign
ment work will be at noon on
September 1st. It has no effect
on the Dast assessment year,
which ended at noon, July 1st,
1958. People who mav now he
doing assessment work for the
assessment year that ends next
summer, should describe the work
as being done for the assessment
year ending September 1, 1959.
The clause in the original bill al
lowing for a suspension of work
on certain claims was stricken.
The amount of annual assess
ment work required on or for
each claim still remains at $100,
in spite of newspaper reports to
the contrary.
NEW EXPLORATION
ASSISTANCE PROGRAM
S. 3817 to provide for a perma
nent assistance program of ex
ploration loans was passed and
signed into law. The new law re
places the former DHEA pro
gram. Money will be loaned by
the Department of the Interior to
private concerns for exploration
for specific minerals. Applicants
will be required to prove that
funds are not available from
commercial sources at reasonable
rates. The amount of government
participation' will be limited to
$250,000 per contract, and can not
exceed 50 per cent of the cost of
the project. Repayment is to be
in the form of royalties on the
value of production from the area
covered by the contract. Interest
will be figured from the date of
the loan and will be charged at
the regular U. S. Treasury rate
plus two per cent. The program
will depend on yearly Congres
sional appropriations to keep it
alive, and has a $4 million fund
for the first year. A new Office
of Minerals Exploration will ad
minister the program.
* Fred Parker and Jack Raymond
are running the former Haven
strite placer operation near Candle
for Jack Bullock, who purchased
it last winter. Parker and Ray
mond are of the former P. R. & H.
Co., in the Circle District.
The only operation remaining
in the Candle area is that of
Otto Weinard and son, on Mud
Creek.
Some of our readers might not
know that there is a coal mine
on the Arctic Slope. It is the
Meade River Coal Mine, and is
located on the Meade River about
60 miles south of Point Barrow.
A crew of 3 generally works un
derground, and production for
the second quarter this year was
495 tons.
POLICY
THE NUGGET does not print
anonymous letters to the Edi
tor. Anyone who has a griev
ance or suggestion for the im
provement of the community
should be able to back up his
convictions by signing his name
to the communication submitted.
Chou 'Wants
U. S. To Resume
Peace Talks
TOKYO, UP — Communist
China’s Premier Chou En-Lai. to
day called on the United States
to resume ambassador level talks
“to make another effort for the
defense of peace.”
Chou’s statement, made ip a
Chinese language broadcast, said
“the Chinese government is now
prepared to resume the ambas
sador level talks to make another
effort for the defense of peace.”
Chou reiterated Red China’s
claim that Formosa and Pesca
dores Islands have always been
Chinese territory, and it was
“Chinese internal affairs to ex
ercise Chinese sovereignty and to
liberate these areas.”
The broadcast was the first
comment made by Chou on the
tense Formosa Strait situation.
The talks Chou wants resumed
broke up last Dec: 12 in Geneva.
They were opened in 1955 be
tween U. S. Ambassador Alexis
U. Johnson and Red China’s Wang
Pingna.
The implication of Chou’s state
ment was that Red China now
wants to bring the Formosa Strait
pocket war into the diplomatic
field.
On June 30, Red China made a
similar demand for a resumption
of the Geneva talks. A Peiping
Radio broadcast said then that if
Washington took no action on re
suming the talks by July 14, it
would be considered responsible
for breaking off the talks. Red
China then threw in a threat
against Formosa.
The talks were started in 1955
to negotiate "the release of 40
Americans held in Red China and
other issues. When most of the
Americans were released, the
talks switched to other issues be
tween the two nations, including
a U. S. demand for a pledge by
Red China not to use force in
the Formosa Strait area.
Four Americans are still in
prison in Red China.
In his statement Saturday, Chou
emphasized “the dispute between
the People’s Republic of China
and the United States is complete
ly separate from the current Tai
wan (Formosa) crisis.”
He said Formosa was strictly
“an internal affair of China.”
Leller-sixe and legal file folders
available al The Nome Nugget \
■S.S. Changes
Will .Affect Newly
Eligible Claimants
The Social Security Amend
ments of 1958 will provide in
creased monthly payments to about
4,900 people in Alaska beginning
with the checks which are due
early in February, 1959, according
to.E. C. Cummins, social security
district manager for Alaska. The
amount of the increase will be
about 7 per cent, although the in
crease in some checks will be
slightly more than 7 per cent while
in others it will be slightly less'.
People who are already getting
: social security payments do not
need to apply for the increase. It
i will be automatically added to the
[checks for January, which will be
[mailed out early in February.
Under other changes made by
the new law, social security bene
fits will become payable to a num
j ber of people not previously eli
! gible for payments. They must,
however, apply to their social se
curity offices before payments can
start. Among groups now eligible
because of the amendments are:
Dependents of people who axe
50 or over who are now getting
disability insurance benefits
(children under 18, a wife of any
age who has a child in her care,
or a wife 62 or over).
Disabled people 50 or over
who could not qualify for ben
efits under the old law because
they did not have as much as
IV2 years of work in the 3 years
before they were disabled (A
total of at least 5 years of work
under the law is still required).
Dependent parents whose son
or daughter died after 1939 and
who could not qualify for ben
efits under the old law because
the son or daughter left a wi
dow, widower, or child.
Adopted children whose
adopting parent began receiv
ing retirement benefits less
than 3 years after the adoption.
A person receiving benefits
who marries another person
also receiving benefits can con
tinue to receive monthly checks,
or can become eligible as a de
pendent of the new husband or
wife without wailing 3 years.
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