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NUGGET ADS PAY DIVIDENDS'
FOR IMMEDIATE
DELIVERY
ONE NEW D-6
‘CATERPILLAR’
TRACTOR
6 - CYLINDER DIESEL ENGINE
WITH EXTRA LONG TRACKS
LARGE DIAMETER IDLERS
AND EQUIPPED WITH
NEW STYLE
HYDRAULIC BULLDOZER
LA PLANTE CHOATE
Northern Commercial Co.
CATERPILLAR DEPARTMENT
NOME, FAIRBANKS, ANCHORAGE,
JUNEAU and WHITEHORSE, Y. T.
HOME OFFICE—Main 22
Vets Receive 43
Loans Totaling
Quarter Million
JUNEAU, July 19, —43 loans to
taling over a quarter of a million
dollars have already been made
to Alaskan veterans under the
Territorial Veterans’ Act, passed
by the special session of the leg
| islature on April 2, 1946, it was
j revealed in the report which Ter
ritorial Veterans’ Commissioner
Norman Haley made to the board
at its second meeting in Juneau,
July 15, 1946. The first loan
was made June 20, 1946.
An overwhelming majority of
requests are for loans with com
paratively few veterans asking
for the bonus, which is an alter
native to loan provisions of the
Act.
On a single day this month
checks were mailed in the amount
of $32,150.00 on direct loans re
ceiving final action, while bonus
es totaling $790.00 were paid on
the same day. One bonus went to
a convalescent veteran who will
be unable to work for several
months. Another was to a man
on his way to receive hospitaliza
tion for an injury received while
in the armed services. Direct
loans to the extent of $123,500.00
have been made from the revolv
ing fund created by the Act, while
banks have granted loans amount
• ing to $145,000.00 under the guar
, antee provisions.
The majority of the Territory’s
banks are cooperating in the guar
antee loan feature, under which
the banks make a direct loan at
4 percent to the veteran, 90 per
cent of the loan being guaranteed
through the office of the Terri
torial Commissioner of Veterans
Affairs.
Mr. Haley said, “I cannot em
phasize too strongly the excellent
cooperation the participating
banks have shown in carrying out
their part of the guarantee pro
vision. This is particularly help
ful at a time when funds avail
able in the revolving section of
the Act are limited and requests
for loans numerous. The region
al directors are also making dir
ect loans from the revolving fund,”
Mr. Maley said.
Loans have been approved in
every Division of Alaska, and in
clude, among others, homes, ap
artments, commercial lodges, the
aters, fishing boats, canneries,
farms, general merchandise stores,
and mines.
At present one Territorial Com
missioner and three regional dir
ectors are administering the Act,
with a second man to be appoint
ed for the Anchorage section to
take care of the large number of
requests from that district.
Mr. Haley advises all applicants
for benefits under the Act to deal
directly with their regional offices.
This will speed up action on ap
plications.
Regional Directors already ap
pointed are: Frank Clayton of the
First Division, with Headquarters
in the Commercial building, box
151, Ketchikan. Harry Palmer,
who administers the Second and
Fourth Divisions, office located
in the building formerly occupied
by the U. S. Engineers, near the
F .E. Company office on Garden
Island, Box 1148, Fairbanks.
Brooks Drayton of the Third Div
ision with offices in the Pearl
building. Box 1399, Anchorage.
Wage Agreement
For Bosses
WASHINGTON, July 19, —(&)—
A government-granted wage ag
reement covering 136 soft coal
mine supervisors, gave John L.
Lewis a new toe-hold yesterday
in the soft coal industry.
It means that Lewis and his
Members of the board are:
R. E. Ellis, First Division; John
Cross, Second Division; John Hel
lenthal, Third Division; Paul Sol
ka, Jr., Fourth Division; and L.
Embert Demmert, member at
large.”
United Mine Workers (AFL)
have won the first contract speci
fying supervisors’ wages and work
conditions ever negotiated in the
industry’s history.
Mine owners for years have re
sisted all attempts to enter into
union contracts applicable to sup
ervisors on the contention that
supervisors represent manage
ment.
In recent weeks the operators
sought unsuccessfully to restrain
the government from entering in
to such an agreement. The
mines still are under federal own
ership as a result of the seizure
order which grew out of the two
month bituminous strike this
I spring.
SEE US FOR MINING EQUIPMENT
LOMEN
Commercial Co.
NEW STORE
HOURS
9am t() gpm
To conform with the
N. C. Co. eight hour
work day for employees.
Deliveries
Three deliveries daily:
10:15 a. m.
3 p.m. 4:30 p. m.
Phone Main 133
Northern Commercial
Company