like to see the government ‘‘take
over” any of our major indus
tries. That would bring them a
step nearer their own goal: “tak
ing-over.” How has the profit of
steel and other industries, des
pite big increases in sales, been
kept so low? The main reasons:
enormous operating costs and
heavy taxation. Only a very large
and efficiently managed industry
could operate successfully -under
these conditions.
Steel, like other industries, re
qires constant reinvestment of new
funds. Moreover, a large portion
of profits have to be returned ta
the business. In 1946, when net
income was about 5.5 cents per
dollar of sales, about 2.5 cents
was put back into the steel busi
ness. This left only 3 cents to be
given to the owners and investors,
It is easy to see that if industry
is not allowed to make profits,
our business cannot continue to
make goods we need and offer
jobs for all. Adequate profit
is a blessing, not a crime.
PIONEER CARD PARTY
WILL BE SATURDAY NIGHT
The Pioneers of Alaska will
hold the last party in their series
of popular card games tomorrow
evening at 8:00 p.m. in the Pion
eer Hall. Trophy awards will be
given for the high scores for the
series of games played this winter
I"1"'1 ■
i Nation Observes
Army Day
WASHINGTON, — (A3)—The na
tion paid special tribute to the
men of its army Tuesday—the
anniversary of America’s entry
! into World War I.
President Truman and his cab
inet led the country’s observance
i of Army Day by reviewing a par
ade here of special contingents
of soldiers, sailors, marines and
national guardsmen.
Across the country high rank
| ing figures of all the armed ser
vices spoke at civic gatherings.
For each occasion the theme was
the same—preparedness through
I increased manpower.
In his St. Patrick’s Day address
j to Congress President Truman
used this phrase to set a keynote
! for preparedness now—
“We must be prepared to pay j
I the price of peace, or assuredly,
; we shall pay the price of war.”
I
HOWARD BURKHER GOES
HOME TO ANCHORAGE
Howard Burkher, supervisor of
communications for the Alaska
native service, has returned to
his base at Anchorage. Burkher
I install3d three fifty-watt stations
in the service at Koyuk, Golovin
and Elim.
B1B—““
CHUGACH AIR THEATRES
• •
Anchorage, Alaska
SPECIAL REPRESENTATIVE
Bell and Howell Company
Encyclopaedia Britannica Films
16-mm R.K.O. and Warner Bros. Pictures
> Society for Visual Education Films and Equipment
Churchcraft Pictures
MEMBER OF NATIONAL ASSOCIATION
OF VISUAL EDUCATION DEALERS
Experienced Legislator Proven Ability
t
Re-elect
HOWARD LYNG
To The
ALASKA SENATE
4
Alaska Born and Raised University Graduate
M ■ ■■ ■
Aggressive Russia I
Holds Spotlight
UNDATED INTERNATIONAL
(>P)—The Russians today ruled out
a four-power investigation of the
British-Soviet plane collision over|
Berlin Monday and called the
British version of the crash ?
slander.
Marshal Vassily D. Sokolovsky,
the Russian commander in Ger
many blamed the British for the
crash. He declared that unless
he is assured the British will ob
serve four-power flight rules, the
Russians “will take measures for
the protection of the safety of air
traffic over the Soviet occupa-!
tion zone.” I
Sokolovsky did not say whether
he intended to use fighter planes..
The British and Americans alert
ed fighters for escort duty after
the Monday incident, but recinded
the order when the Russians gave
what the British called “a satis
factory explanation.”
The crash killed 14 aboard the
British plane, including two Amer
icans, and the Soviet fighter pilot.
Sokolovsky said the Russians
will agree to a British-Russian
inquiry, but a four-power invest
igation is not warranted.
U. S. Gen. Lucius D. Clay, the
U. S. military governor, said in
his monthly report yesterday the
Russians and their satellites have
grabbed the lion’s share of indus
trial reparations from the U. S.
zone of Germany—nearly twice
as much as was delivered to 12
western allied nations.
Russia, despite the crucial April
18 Italian elections, appeared
ready to veto Italy’s application
for membership in the United Na
tions. She insists that all former
German allies, including Finland,
Romania, Hfingarv and Bulgaria
be admitted in a bloc.
Moscow accused Italy of two
peace treaty violations. Tass, the
Soviet news agency, attacked the
Rome government’s plans for 400,
000 watchers at the polls. Im
plying that the poll watchers would
be armed, it said Italy thus vio
lated the clause limiting her armed
and police forces to 300,000. Tass
said the other violation lay in in
stallation of machineguns on Ital
ian cargo vessels.
Italy’s communists attacked the
letter-writing campaign of ItaV
ian-Americans in the United States
urging defeat of the communists
in the elections.
In Trieste Free Territory, the
British and Americans announced
limited power will be transferred
to local civilian hands in the zone
•
Monday, but communists will be
barred from taking part.
In Washington, Paul G. Hoffman,
the new’ boss of the multi-billion
dollar European Recovery Pro
gram swung into action. Congress
temporarily shunted aside plans
for universal military training and
put added pressure behind a drive
for a bigger and better Air Force.
With an eye to her defense needs
America is seeking more oil from
Latin America, officials said in
Bogota, Colombia, where the ninth
International Conference of Am
erican States is in progress.
In Palestine, Jerusalem was
threatened by a critical water
shortage in the continuing Arab
Jewish strife. Unofficial sources
said Arab attackers cut a water
pipeline from Ras Elein, 15 miles
northeast of Tel Aviv.
A Jewish convoy of about 50
trucks, the second in three days,
arrived in Jerusalem with food
for the Holy City’s 100,000 Jews.
Haganah, the Jewish militia, es
corted it on the perilous journey.
Juneau Loggers
Out On Strike
JUNEAU, —(/P)—Operations at
the Edna Bay logging camp of the
Juneau Spruce Corporation were
shut down yesterday in a dispute
between the company and the
CIO international woodworkers of
America.
Company manager E. S. Haw
kins said the company had re
fused to negotiate with the union,
He contender! the Taft-Hartley
Act provides that no company
shall negotiate with a group unless
it is certified by the NRLB. He
said the union had not been certi
fied in this case. Comment was
not immediately available from
the union.
Hawkins said about 60 men re
Gen. Gaffney To
J
Alaska Command
WASINGTON, —f/P)—*The Air
Force said today that Brig. Gen.
Dale V. Gaffney is scheduled for
assignment to Alaska about May
20.
Officials here said that Gaff
ney’s assignment is not definite
but that he may succeed Brig.
Gen. Frank F. Everest, now com
manding general of the Yukon sec
tor. Everest is scheduled to return
to the United States in June for
duty with headquarters of the Air
Force.
Gaffney now is special assistant
for Arctic affairs in the operations
section of headquarters here.
mained at the camp. He said they
will be evicted.
SOUVENIRS
Alaska Aprons Albums
Table Cloths Pillow Tops
Plates Ivory Curios
J
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