THE NOME NUGGET
Published Monday, Wednesday and Friday by the
NOME PUBLISHING CO.
NOME, ALASKA
Telephone Main 125 $1.50 PER MONTH
P.O. Box 610 $16.00 A YEAR
E. P. BOUCHER . Managing Editor
CLINTON GRAY .777.. Production 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. cal]
Main 125 for special delivery. After 5:30 call Black 102.
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A Vote of Confidence
MR. E. J. RUSING, president of the Miners and
Merchants Bank, was recently elected president
of the Pacific Northwest Trade Association. This
places a well known and active Alaskan civic leader j
at the head of an important organization which not
only includes the Northwestern States, but British
Columbia as well.
Although Mr. Rusing is not as well known here as
he is in Fairbanks, where he is vice president of the
Alaska National Bank, his outstanding work toward
the development of the Fairbanks area has not gone I
unnoticed, and those who have worked with him have
every confidence that under his leadership Alaska has
much to gain, as well as do the other States and
Canadian regions.
Good News for Our Senior Citizens
BIG AND GOOD NEWS for millions of our elderly
citizens comes from the American Medical Asso
ciation. The A.M.A.’s House of Delegates, by unani
mous vote, has approved a proposal which calls for
physicians to provide medical services at adjusted
rates to persons over 65 years of age with reduced
incomes and modest resources.
Specifically, the proposal asks insurance com
panies and medical prepayment plans to develop new
policies at special low premium rates for people in
this category. It further provides that if the income
and resources of the insured falls below a specified
sum, doctors would agree to adjust their rates accord
ingly. Doctors throughout the country are urged to
“accept a level of compensation for medical services
rendered . . . that will permit the development of such
insurance and prepayment plans.”
J. E. Corette, president of the Montana Power
Company, says: “If tax-free federal government (en
terprises) continue to expand and tax-free coopera
tives continue to increase, it will lead to complete
government ownership of all business because gov
ernment either must get money in the form of taxes
from prosperous business and prosperous wage earners
or it will have to take over the entire business and run
that business for government profit.”
Dollar Remains
Steady Despite
Heavy Gold Export
WASHINGTON, iff) — Treasury
officials say the United States
will not devaluate the dollar de
spite the increasing flow of gold
from the country.
As of last Tuesday, the Treas
ury reported Friday, there was
about 2014 billion dollars worth
of gold on hand. This meant that
almost 200 million dollars worth
moved to foreign countries in
about six weeks. On Tuesday
alone, the United States shipped
10 million dollars worth.
The news pushed up the prices
of gold mining stock Friday on
the New York Stock Exchange.
In London, the price of gold bul
lion in the free world reached its
highest price since postwar trad
ing began five years ago.
The obvious implication was
that speculators expect the United
States to raise the price it will
pay for gold, another way Of say
ing it will devaluate the dollar.
International trade accounts for
the shift of gold. The United
States has been importing large
‘amounts of goods and services.
But there has been a big drop in
exports. And it is continuing.
Because ‘of this, the past year
and a half has seen the United
States pay out more money than
it is taking in. To balance these
international papments, geld has
been taken from the United States
and transferred to foreign banks.
Hungry, Jobless Itinerant
Rescued on Highway by
Alert Helicopter Pilot
ANCHORAGE, UP) — Good
Samaritans turn up in the darnd
est ways. Arthur Allen can vouch
for that.
Kav Simmons,- 30, a helicopter
pilot, was on a trip to Tok Junc
tor Wednesday when he spotted
Allen lying face down on the
highway.
He landed the helicopter along
side the man to find out what was
wrong. He learned Allen was okay,
just weak from doing without
food for two days.
Al’.en. a hospital orderly and
truck driver, told Simmons he ha '
flown to Alaska to look for work.
He had about $25 when he arrived
and that lasted one week. When
the money ran out he started
hitchhiking back to California.
Simmons loaded Allen in the
helicopter and flew him to Tok
Junction where he fed him and
they spent the night. Then he
brought him back to Anchorage
and found Allen a place to stay
while he again looks for a job.
Allen is single, and about 45.
He told the pilot he heard there
was so much work available in
Alaska he thought he would be
able to get a job immediately.
JET LANDING CANCELLED
The NCL F-27 prop-jet plane
which had been scheduled into
Nome last Saturday, cancelled the
flight because of other commit
ments.
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Proprietors
Average American
Owes $47,221.18
Future Income Tax
CHICAGO—Mr. Average Amer
ican at age 29 can look forward to
paying taxes totaling a minimum
of $47,221.18, or 25.3 per cent of
his earnings in the 36 years re
maining of his working life, ac
cording to Commerce Clearing
House, national reporting authori
ty on tax and business law.
During these years taxes will
take approximately $5.05 for ev
ery working day, on the average,
or $25.23 a week and $1,311.70 a
year.
These figures for the best years
of a man’s life are taken from a
review of federal, state and local
taxes reported to CCH’s magazine,
“Taxes.” The title of the report is
“Who is The Average American
Taxpayer?”
They present Mr. Average Tax
payer of 1959 as having an annual
income of $5,183.71, a wife,
daughter age 2 and son age 5,
a low-priced car and a mortgaged
home, the latter taxed at $214.17
per year. He and his family will
smoke one pack of cigarettes a
day, drink a six-pack of beer each
week and a fifth of hard liqhor
a month. He will pay taxes on his
telephone, on the one fur coat
he buys for his wife and excise
taxes on the household appliances
he may need during the 36 years
to replace those worn out.
Taking into account the changes
in his tax picture as his children
grow up and become self-support
ing, the girl at 19 and the boy at
22, Mr. Average American files a
joint federal income tax return
with his wife and they take the
President Selects
Thomas Gates to
Fill Quarles’ Post
WASHINGTON, UP) — Thomas
S. Gates Jr., retiring Secretary or
the Navy, was picked today to be
the new Deputy Secretary of
Defense.
He will succeed the late Donald
A. Quarles, who died earlier this
month.
Gates had planned to return to
private business at the end of
this month. Instead President Eis
enhower picked him to be the
No. 2 man in the Defense Depart
ment.
The choice promptly touched off
speculation as to whether Gates
later this year will be named to
succeed Neil H. McElroy as Sec
retary of Defense. Prior to
Qliarles’ d'eath 10 days ago, Mc
Elroy had said several times that
he would like to resign by the
end of this year.
The White House announced
that Gates’ formal nomination will
go to the Senate later this week.
Gates,- 53-year-old Republican,
had intended to return to -his in
vestment banking business. He
was a partner in Drexel & Co.
before entering government
service.
standard deduction. For the next
17 years, with four dependents,
he pays $453.07 a year in federal
income taxes, but he still has 19
more years of earnings after the
children grow up. During this per
iod his annual tax jumps to
$093.07. Higher earnings during
the years would boost the federal
income tax amount.
WINTER SCHEDULE
Fairbanks to Nome (via Kotzebue)
Each Monday, Wednesday & Friday — Fit. 311
Leave Fairbanks 9:00 a.m. Arrive Hughes
Leave Hughes Arrive Kotzebue 10:35 a.m.
Leave Kotzebue 11:15 a.m. Arrive Nome 12:25 p.m.
Nome to Fairbanks (Direct)
Each Monday, Wednesday & Friday — Fit. 312
Leave Nome 1:25 p.m. Arrive Galena
Leave Galena Arrive Tanana
Leave Tanana Arrive Fairbanks 5:25 p.m.
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Fairbanks to Nome (Direct)
Each Tuesday, Thursday & Saturday — Fit. 311
Leave Fairbanks 9:00 a.m. Arrive Tanana
Leave Tanana Arrive Galena
Leave Galena Arrive Nome 11:00 a.m.
-1
Nome to Fairbanks (via Kotzebue)
Each Tuesday, Thursday & Saturday — Fit. 312
Leave Nome 12:00 p.m. Arrive Kotzebue 1:10 p.m.
Leave Kotzebue 1:50 p.m. Arrive Hughes
Leave Hughes Arrive Fairbanks 5:25 p.m.
All Times are Alaska Standard and Bering Standard Time
Fairchild Pressurized F-27
Prop Jets Coming Soon!
Phone: Wien Alaska Airlines Station Mgr. I
MAIN 4S .“First In Alaska” Pete. Walsh
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