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 ...a. 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. cab
Main 125 for special delivery. After 5:30 call Black 102.
SHALL WE TELl'hIM?
__,_•_:_ I
‘BUY NOW - PAY LATFR’
INSTALLMENT SELLING has been in effect in the
Soviet Union long enough now to get some reports
on how it is being used. The first conclusion recorded
by Moscow newspapers is that the plan is being used
extensively and is popular.
At the same time one of the current crops of sta
tistics on consumer credit in America has been gath
ered and is the subject of mild warnings from Dr.
Raymond J. Saulnier, chairman of the President’s
Council of Economic Advisers, and A. L. Mills, Jr., of
the Federal Reserve Board.
From a low point of 32.9 billion dollars in early
1958, installment credit in the United States has
increased to 370 billion, a rise of 14 per cent. This
causes Dr. Saulnier to caution against such a rise of
deferred-payment purchases as preceded the business
recession of late 1957. Mr. Mills had a word to say
about the desirability of commercial banks not tying
up too much money in installment paper.
In the figures both from Moscow and from Wash
ington it is possible to find aspects which are not too
flattering to either the Soviet or the American
economy.
When the Communist planners introduced in
stallment sales they assumed the monthly payment
plan would be used chiefly for radio-phonograph sets,
sewing machines, watches, cameras and furs. But
the largest sales have been made in certain types of
wool and silk clothing. This would seem v to indicate
that a new suit or winter coat is still a considerable
strain on the average Soviet worker’s salary.
In the American figures it has been noted that
on nearly three-fourths of the automobiles financed
by a representative group of smaller companies the
payments were being spread over a period of more
than 2% years, that more oars are being bought on
small down payments, and that in many cases the
down payment is made with borrowed money.
This is not a very healthy credit situation. If
spread over the household appliances and other fields,
it could become a source of financial weakness in
adverse times.
Alaska Airlines Sets New
Seat tie-Fairbanks Record
SEATTLE, (JV—Alaska Airlines
claimed a Fairbanks-to-Seattle
speed record of 3 hours, 59 min
utes Friday.
The airline’s officials said the
previous marks were 4 hours, 8
minutes, which it set recently,
and Pan American’s 4 hours, 5
minutes.
Captain John Thompson, Se
attle, who piloted the Alaska Air
lines” DC6-C, said there were
“terrific” tail winds during the
flight.
Letter-size and legal tile folder
available at The Nome Nuggel
MONDAY
WEDNESDAY
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FRIDAY
★ Flight 311 *
Lv. Fairbanks 8:00 am
Ar. Kotzebue 8:50 am
Lv. Kotzebue 9:30 am
Ar. Nome 10:20 am
★ Flight 312 ★
Lv. Nome 11:20 am
Ar. Fairbanks 2:30 pm
TUESDAY
THURSDAY
SATURDAY
★ Flight 311 ★
Lv. Fairbanks 8:00 am
Ar. Nome 9:10 am
| ★ Flight 312 ★
Lv. Nome 10:10 am
Ar. Kotzebue 11:00 am
Lv. Kotzebue 11:40 am
Ar. Fairbanks 2:30 pm
TWIN BEECH
SERVICE
Between
KOTZEBUE and NOME
and on
Tuesday and Friday
Serving
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jNew Year’s Events,
| Celebrations, Draw
Record Crowds
(Bu The Associated Press)
Fun and frolic greeted the first
hours of 1960 Friday, followed
by church services, parades and
bowl football games. ,
The advent of a new decade
gave added impetus to celebra
tions, with hopes high for an era
of happiness and prosperity.
Merrymakers throughout the
world cut loose with cheery greet
ings and noisemakers. Auto horns
blared in Paris and in other cities
and towns. Fireworks added to
the din in such far-removed areas
as Germany and Red China.
Although most parties were
held in private homes in the So
viet Union, crowds thronged Mos
cow streets amid special decora
tions.
President Eisenhower spent the
holiday with friends and family
at Augusta, Ga.
In Rome, Pope John XXIII
gave his blessings to 20,000 Ro
mans and tourists gathered in
Vatican City’s St. Peter’s Square.
It was a chilly day at Pasadena,
Calif., but more than a million
persons turned out to view the
annual Tournament of Roses
parade. Acting as Grand Marshal
was Vice President Richard M.
Nixon, who was accompanied by
his wife Pat. Their two daughters,
Julie, 11, and Patricia, 14 were
among those in the grandstand
along with Chief Justice Earl
Warren and California Governor
Edmund G. Brown.
More than 330,000 football fans
turned out for the contests at
Pasadena (Rose Bowl), Dallas
(Cotton Bowl), New Orleans
(Sugar Bowl), and Miami (Orange
Bowl).
Nightspots everywhere recorded
record business, and New York’s
Times Square — roped off for
celebrants — drew more than
300,000 persons.
A-F REPORTS HOLIDAY CRASH
WASHINGTON, OR — The Air
Force Saturday reported two
fliers were killed in the crash of
a jet interceptor in Iceland on
Thursday.
13-Year-Old Girl Never
Stirred During Her
7 V2 Years in Coma
YONKERS, N. Y., UPt — Little
Beverly Nilsson, 13, died in St.
Joseph’s Hospital Saturday after
lying in a coma for 7Vfe years
after a brain injury.
Medical experts had exhausted
the full resources of science in
efforts to restore her conscious
ness.
Beverly suffered the brain in
jury in an automobile accident at
Keller, Va„ July 12, 1952. First
efforts to treat her were made at
Johns Hopkins Hospital in Bal
timore. Further measures were
unsuccessful in a New York City
institution before she was brought
here seven years ago.
Her parents, Mr. and Mrs. Er
nest Nilsson, had spent much of
their free time at the hospital, re
fusing to give up hope for the
girl’s recovery. But not once dur
ing the years was there a flicker
of consciousness. Even so, the girl
continued to grow and was close
to normal weight and height at
her death.
Hospital attendants had fed her
through a tube inserted in her
stomach. A special rocking bed
and a special standing box en
abled attendants to give her daily
exercises.
Numbered Duplicate Stub Tickets
For Sale at The Nugget
GLUE POT
Soda Fountain
CIGARS, CIGARETS
TOBACCO
CANDY
FRESH ICE CREAM j
EVERY DAY
How Your March of Dimes Dollar
Was Used 1938-1959
PATIENT AID
54%
I
)
FUND-RAISING
EXPENSE
13%
RESEARCH. POLIO PREVENTION
EDUCATION AND MEDICAL CARE
22%
4%
Your New March of Dimes dollar is leading the fight to
prevent crippling birth defects, arthritis and polio These
diseases affect the lives of one out of every four American
families. Your dollar over the years provided aid for polio
patients and produced the Salk vaccine. In 1960 your dollar
will bring renewed hope and expectancy to millions of
Americans. It will help prevent crippling diseases.
(