THE NOME NUGGET
Published Monday, Wednesday and Friday by the
NOME PUBLISHING CO.
NOME, ALASKA
•
Telephone: Main 125 P. O. Brx 618
$1.50 PER MONTH $16.00 A YEAR
E. P. BOUCHER .,. Managing Editor
Entered as second class matter October 14, 1943, at the postoffice
at Nome, Alaska, under the Act of March 3, 1879.
Nome, Alaska, Monday, October 29, 1951
OLD RELIABLE
TRICKS OR TREATS
The approach of Halloween reminds us that there
are practical jokers who delight to scare the wits
out of other people. This we do not mind and nothing
is really damaged.
However, some of the young people in the com
munity should be warned by their parents that de
struction of property is outside the limits of Halloween
fun and destruction of private or public property is
not fun but may result in costly expense and embar
rassment to themselves and their families.
New people in the community should be warned
that “tricks or treats" is popular here and to be pre
pared to do a little treating if called upon.
_
TAX SAVING FOR HOME-SELLERS I
The new tax bill adds something like five and
three-quarters billion dollars to the potential income
of the treasury during the next year. This is much
less than the sum requested 'by the President and,
unless spending for rearmament can be curtailed, will
not be sufficient to avoid a deficit.
Fragmentary reports of the provisions of the
measure do not enable us to pass on the merits of
the levies about to be enacted. Increases are provided
for income taxes of individuals and corporations,
the former running about ten per cent, effective Nov.
1 and the latter five per cent effective last April 1st.
One provision, which will cost the treasury an
estimated $112,000,000, is fully justified because it is
designed to protect those who sell their homes and
reinvest the “profit” in another home within a year.
Thus, one who sells his home, at a profit, will not
have to pay a capital gains tax if he constructs a re
placement residence and can claim the exemption if
he occupies the new home within eighteen months.
This is retroactive to last January.
VIEWS AND REVIEWS
Hobby: Something you go goofy over to keep from
going nuts over things in general.
Infant prodigy: Small child with highly imagi
native parents.
The tongue has no bones, but it can break bones.
—Greek Proverb
Churchill Takes
Over Post Of
Defense Minister
LONDON, (/P)—Prime Minister
Winston Churchill appointed him
self Britain’s defense minister
Saturday and assigned to dapper
Anthony Eden the jobs of for
eign secretary, deputy prime
minister and leader of the House
of Commons.
In so doing, Churchill restored
the leadership which piloted Brit
ain through World War II. The
defense ministry will run the na
tion’s three-year $13,000,000,000
defense program and thus is of
the utmost importance to Church
ill.
Ailing King George VI ap
proved eight appointments by the
new prime minister Saturday
morning at a special session of
the privy council at Buckingham
Palace. More appointments will
be made later, probably early
next week.
Downing Street sources said
Churchill named the men to his
key posts only a few hours after
taking over as Prime Minister be
cause “of the critical foreign and
economic situation.”
The new government, elected
by a minority vote, faces many
critical situations, including the
persistent failure of the nation to
pay its - way in the world trade
by which it lives, the threat of
communism and the defiant
tweaking of the British lion’s tail
by segments of the declining em
pire.
The sharp division which splits
the nation as Churchill takes over
was demonstrated by the fact that
although his Conservative party
got more parliamentary seats in
Thursday’s election than the La
borites, they did so on less of the
popular vote. In other words,
more people — some 200,000 —
voted Labor than Conservative,
but not in the right places.
Strikers Reject
President’s Appeal
Return to Work
NEW YORK, (/P)—Fist fighting
broke out in the New York dock
strike Saturday when 200 non
striking longshoremen crashed
through a wildcat picket line.
Police quickly quelled the
melee, outside Pier 92, where the
Cunard liner Britannic was due
to dock.
The violence came quickly after
the strikers rejected an appeal by
President Truman to return to
work in the interests of national
defense.
in another development as the
paralyzing strike went into its
13th day, pickets appeared for the
first time outside a U.S. navy
supply depot at Bayonne, N.J.
The 200 non-strikers, members
of Local 824 of the AFL Inter
national Longshoremen’s Union,
also fought a battle with pickets
Thursday morning.
Joseph P. Ryan, ILA president,
has opposed the strike. The strike
was initiated by some ILA fac
tions dissatisfied with terms of a
recent contract between the union
and shipping owners. The union
membership had ratified the
agreement. ' •
It took the strike committee
just 15 minutes to turn down the
President’s request that they end
the wildcat walkout “at once” in
the interest of national defense.
Mr. Truman may now invoke
the Taft-Hartley Act. He also can
call in the Wage Stabilization
Board, which is consulted in mat
ters affecting defense.
Truman Attacks
Price Control Law
WASHINGTON, (/?) — Presi- j
dent Truman said Saturday that
“The tools Congress has given us,;
to curb inflation are not good
enough to da the job as it should
be done.”
But he pledged his administra- ,
tion to do “its best” with the
tools at hand.
Mr. Truman’s latent attack on |
the price control law was in a I
speech prepared for the dedica-;
tion of a small triangular park- !
way here to the memory of Sam
uel Gompers, pioneer American |
labor leader.
j
“Scores of special interests have |
ganged up together for the pur- j
pose of securing special short-!
run advantages for themselves at I
the expense of all of us,” Mr. *
Truman said. He added:
“These special interests have
adopted the principle that price i
control is all right if it does not |
require them to absorb a penny i
more in costs, or forego a penny
of profit, no matter how high their
profits may be. This is the main ,
idea behind the terrible Capehart
l Amendment, which I tried to
have removed from the Price
Control Law.”
This referred to a provision
written into the law to allow cer
tain increases in ceiling prices in
proportion to the production cost
increases since the original price
freeze.
Mr. Truman always refers to
the provision as the Capehart
amendment, although Senator
Capehart (R-Ind) insists he was
only one of several senators spon
soring the measure. The adminis
tration failed in efforts to elimi
nate the provision before Con
gress adjourned last week.
Balloons Explode At
Armistice Site
PANMUNJOM, Korea, (JP) —
One of four big yellow balloons
marking the new armistice con
ference site exploded yesterday
and burned three American sol- j
diers.
The men had lowered the
balloon for refilling with hydro
gen. “It exploded all at once,
flames and all,” said Pvt. Donald
Ryun, Los Angeles. He was un
hurt.
Some soldiers jumped into a
nearby stream to extinguish their
flaming clothing.
Said the skunk when the wind
changed, “It all comes back to
me now.”
V
VFW Protests
CAB Closure
Of iNon-Skeds
WASHINGTON, W)—'The Vet
erans of Foreign Wars said it is
dismayed by a proposal to cancel
the operating permit of Air
Transport Associates of Seattle,
Wash.
The veterans organization filed
its statement with the Civil
Aeronautics Board. It asked the
agency to reconsider its order
that Air Transports Associates go
out of business.
The proposed revocation was
based on findings that the com
pany, licensed as an irregular
carrier, had conducted regular
operations between Seattle and
Anchorage, over a long period.
In the protest, the VFW con
tended that the Veterans Admin
istration and the War Assets Of
fice, which had surplus war
planes for sale had encouraged
World War II fliers to get into
aviation, but that CAB had been
“hacking away at the enterprises
of many veterans who entered the
field with the encouragement and
assistance of the government.”
The organization contended
that air links with Alaska consti
tute an important item of national
defense.
The original CAB order re
quired Air Transport Associates
to suspend Oct. 21. However, a
30 - day extension of operating
authority was granted when the
line asked reconsideration.
t
Indicates Chance For
Settlement of Anglo
Iranian Oil Dispute
NEW YORK, (£>)_An Iranian
government oil specialist arrived
from Tehran Saturday on sum
mons by Premier Mohammed
Mossadegh and said his trip
might indicate a chance for set
tlement of Iran’s oil dispute with
Britain. i
Kazim Hassibi, Iran’s special
undersecretary of finance for oil,
said Mossadegh had called him to
Washington.
“My presence here is some in
dication that there might be a
chance for a settlement,” Hassibi
told reporters as he stepped from
a Transworld Airlines plane.
But he said “Our positions can
not change. We have not asked
something illogical. Logic can’t be
changed.
Mossadegh conferred in Wash
ington with President Truman
after presenting Iran’s version of
the oil dispute to the United Na
tions here.
See Samples of . . .
Christmas
Greeting Cards
— also —
Christmas Business Stationery
at the NOME NUGGET