THE NOME NUGGET
Published Monday, Wednesday and Friday by the
NOME PUBLISHING CO.
NOME, ALASKA
E. P. BOUCHER . Managing Editor.
CLINTON GRAY . Production Manager
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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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JUST AS DEADLY
V ' i V: ^
NOT MUCH ASHES, EITHER
We’ve been hearing so much about atomic power
plants of late, we are happy to be able to pass along
some down-to-earth information on just how much
advantage there is in cracking atoms instead of
shoveling coal.
Abe Silverstein, Associate Director of the Lewis
Flight Propulsion Laboratory of the National Advisory
Committee for Aeronautics, and one of the govern
ment’s top-flight experts on aircraft powerplants, lays
it on the line for us. Writing in “Planes,” the official
publication of the Aircraft Industries Associaton, he
says that fission of one pound of uranium will pro
duce as much heat as burning two million pounds of
gasoline.
“Stated another way,” he says, “the total energy
which can be obtained from the ‘burn-up’ of a single
pound of uranium equals the energy in 3,500,000
pounds of coal, yet the uranium would be a one-and-a
half inch cube against 32 railroad cars of coal.”
But Mr. Silverstein admits that there are “formid
able technical problems that must be solved” before
we’ll be able to drive airplanes with atomic fission.
And it will probably be even longer before we can
heat up a pot of coffee or broil a steak with it.
There’s still a lot of kindling to split before we
can expects stove-length atoms.
THE PEOPLE SHRINK!
A famous pre-Soviet Russian historian, writing
of the Tsarist era, said: “The state swelled, and the
people shrank.”
That has been true of every all-powerful state
since time began — whether communist, socialist,
monarchist, or clerical. In every instance, individual
rights are destroyed one by one till none are left, and
the individual himself becomes a cipher.
When the state swells the people shrink!
VIEWS AND REVIEWS
Just remember reading last Christmas that mistle
toe is bad for trees. It may be bad for trees but it’s
fun for twos.
The easiest way to make a mountain out of a
molehill is to add a little dirt.
v .1
Major Oil Firms May Join
To Pursue Development
Of Alaska Oil Resources
ANCHORAGE, OP—Two major
oil companies may join forces this
year to pursue development of
Alaska oil resources, the Times
said Friday.
The newspaper quoted R. G.
Green, Los Angeles, exploration
manager for Union Oil Co., that
a report on combined exploratory
studies in Alaska by Union and
the Ohio Oil Co. to be completed
this year will indicate whether
the two firms will be included
among the outfits pushing oil de
velopment in the territory.
Green arrived here with two
Union and Ohio geologists on a
tour of prospecting areas in which
the two companies may line up
leases, the Times said.
NEW SOVIET OIL REFINERY
DESTROYED IN BIG BLAST
HAMBURG, Germany, UP)—1The
Hamburg newspaper Die Welt re
ported today that a newly built
Soviet oil refinery near Stalin
grad was destroyed by a tremen
dous explosion Aug. 14. The news
paper said hundreds were killed,
including two prominent officials
in the Soviet oil industry.
24 Crewmen Perish In
Crash and Burning OC
Giant B-36 Bomber
RAPID CITY, N.D., ypi—A huge
B-36 bomber carried at least 24
crewmen to death last night when
it crashed and burned during
landing attempt at Ellsworth Air
Force Base near here.
The public information office
saifl three other crewmen aboard
the plane were in “very critical”
condition at the base- hospital. The
bodies of the dead were badly
torn and burned.
Firemen reported the blazing
ship set several brush, and grass
fires. There were brought under
control, allaying the danger of a
prairie fire.
The B-36 is the nation’s largest
bomber with a wing span of 230
feet and a length of more than
162 feet.
Officers said the plane appar
ently struck a small hill as it
approached the lengthy runway
and was burst apart and fired
within seconds.
I OF I
Royalties From Natural Resources"
Proposed as Source Endowment Fund
For School and Municipal Borrowers
Government Moves To
Retrieve Millions From
Federal Housing Projects
WASHINGTON, (if)—The gov
ernment is heading for court in
a move to get back millions of
dollars in “windfall” profits paid
out of oversize federally guaran
teed loans on apartment projects.
Housing and Home Finance ad
ministrator Albert M. Cole, in a
weekend announcement of plans
for “decisive action” to that end,
said promoters who cut up such
melons violated Section 608 of
the housing law under which the
rental projects were carried out.
He said the law specifies that
only earned income may be dis
tributed to stockholders.
The pilot action, Cole said, will
be carried out at Fort Lee, N.J.,
where Sidney Sarner, president of
13 rental housing corporations,
has been directed to call meet
ings of preferred , stockholders
within 10 days for the purpose of
removing the present directors of
the corporation and selecting new
ones.
Average American Now
Lives To Age 68.9 Years
NEW YORK, (jW—Longevity of
America’s wage-earners and their
families has'reached an all-time
high, the Metropolitan Life In
surance Co. said today.
The average length of life,
based on mortality prevailing in
1953, climbed to 68.9 years for the
company’s policyholders, the firm
said. That climaxes a decade of
successive gains during which
their average lifetime increased
by five years.
In 1952 more than 13 million
U.S. families had incomes of more
than $5,000 a year.
' — ■ ■ ■ ■ —»
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LIGHTERAGE SERVICE
At Unalakleet, Nome, Kotzebue and All Way Points
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1-1
ANCHORAGE, W)—A proposal
the territory establish a revolving
endowment fund for the benefit
of school district and municipal
borrowers was made to the Alas
ka Legislative Council Friday.
A. W. Morgan, superintendent
of the Anchorage Independent
School District, suggested the
principal sources for such a fund
might be royalties from produc
tion of natural resources.
Alaska is young in development
of its resources, Morgan said.
Citing the current activity in
drilling for oil, he said now is
the time to consider what the
territory can do in the way of
a royalty system which would be
of direct benefit to everyone.
Morgan said the states of Wyo
ming and Texas made an early
start in establishing royalty sys
tems and endowment funds with
.substantial benefits resulting to
school systems in those states.
The school official said school
and municipal borrowers in Al
aska now are forced to pay ex
orbitant interest rates to outside
firms. An endowment fund would
keep interest money within the
territory or would compel outside
firms to' lower their rates and
make the market more competi
tive, he said.
Morgan was one of the final
witnesses to appear before the
council as it ended three days of
public hearings here.
During the sesjjibn, witnesses
made suggestions for changing or
adding a number of territorial;
laws, including those concerned
with juvenile problems, annexa
tion, and public utility districts.
Although time was alloted for
hearings concerning tax incentive
legislation no witnesses appeared.
Sen. Charles D. Jones of Nome
is a member of Legislative Coun
cil.
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