: THE NOME NUGGET
Published Monday, Wednesday and Friday by the
NOME PUBLISHING CO.
NOME. ALASKA
Telephone. Main 125 P. O. Box 618
$1.50 PER MONTH $16.00 A YEAR
' V*. A. Boucher .Owner-Publisher
Entered as second class matter October 14. 1943, at the postofirct
at Nome, Alaska, under the Act of March 3. 1879.
Nome, Alaska, Monday, March 27, 1950
WHY BE THRIFTY?
(By George S. Benson, President Harding College)
Ben Franklin’s old wisdom: “A penny saved is a pen
ny earned” had a great part in building America. In
fact, it made enough sense to become a part of America.
Our thriftiness contributed wonderfully to building
this land of ours, and the folks who saved their pennies
had a lot to do with it. You can count over most of the
great companies that serve us so well today, and behind
nearly all of them you will discover a history of saving
and thrift that made the original idea possible.
But I say that saving money was one time a good
philosophy. That is because it was practiced. It would
be just as goocl today, and would go a long way toward
creating the jobs and opportunities upon which the fu
ture of this nation must depend—if the philosophy of
saving were put to more use. But saving and thrift have
today fallen into dishonor. Today, the man who thinks
of saving his money and then of investing those savings
is likely to be called a foolish man.
People who know facts can call such a man foolish.
There are two reasons for this attitude. First: it is near
ly impossible to save money. Government taxing poli
cies and government discouragement of private thrift
make it a well-nigh impossible feat for the few people
who have “investment size” incomes to save anything
at all. So why try? Second: there’s not sufficient incen
tive to invest. Heavy corporation and income taxes
make earnings from investments so low that very few
of those who do save will take the risk involved in put
ting new money into industry.
The people of this nation are rapidly forgetting what
those habits of personal thrift, of laying it up for the
rainy day, have meant in the growth and progress of the
nation. And this is true depite the fact that a dollar of
private investment is 14 times more effective in creat
ing jobs than a dollar of government money. When
money is put into business it goes to work, benefitting
•everyone. But money taken trom business and invest
ors is a great drag on the whole nation’s welfare.
I am seriously concerned lest our youth grow up los
ing sight of the importance of thrift. The week of Janu
ary 17 to 23 was designated “National Thrift Week,”
and it seems to me that was a good time to pause and do
our bit toward the preservation of thrift. Whether we
teach our young people thrift, both by precept and ex
ample, can have a lot to do with America’s future.
Our young folks must be taught that there is no such
thing as “easy money.” We cannot afford to educate this
generation that the best way to make money is to go
into politics, marry into it, win a radio “give away,” find
a new “racket,” wait for a rich uncle to die, win the
sweepstakes, or live on the dole. It is possible to get
money in all these ways, but they are not the right ways.
This country was not built by those wishful thinkers
who are ever looking for the quick dollar.
America was built by dreamers, however. We can
give most of the credit to those practical men and wo
men who had ideas. It was either their own hard earned
dollars or the savings of others of like courage, that
made those dreams come true. If there was any gamble,
it was simply the risk they dared place upon their own
ideas and abilities. They had the necessary courage and
vision. They had enough incentive to engage in enter
prise. In a word, that is the philosophy of free enter
prise.
May America’s philosophy always be thus. We must
know and understand the meaning of thrift. More than
that, we cannot afford to penalize those who would save
money, by any national policy or practice. Savings put
to work, in the form of capital for new and growing en
terprises, must continue to be our best insurance for
McCarthy Charges
“Pure Moonshine”
(Continued from Page One>
made public last night in a radio
broadcast.
McCarthy declined to comment
on Lattimore’s reply. He told a re
porter he might have something
to say “on the general situation”
later.
Lattimore, replying to a request
for comment from the Associated
Press last Friday, said in his cable:
“McCarthy’s off-record rantings
pure moonshine. Delighted his
whole case rests on me as this
means he will fall flat on his face
stop. Exactly what he said on the
record is unknown here so cannot
reply in detail but will be home in
a few days and will contact you
then.”
In other developments stem
ming from McCarthy’s charges:
1. Mrs. Esther Caukin Brunauer,
$9,706-a-year state departmant of
ficial, went before a Senate for
eign relations sub-committee and
denied that she or her husband,
Dr. Stephen Brunauer, is pro-com
munist. She said that on the con
trary both are strongly anti-com
munist. McCarthy had named
both Brunauers in detailing to the
committee his charges of com
munists in the government. Dr.
Brunauer, a former navy com
mandef, is now engaged in re
search for the navy.
2. Haldore Hanson, also a state
department official, complained in
a letter to Senator Tydings <D.
Md.) chairman of the Senate in
vestigating group, that “whisper
ings of suspicion and hate” have
been raised against him since Mc
Carthy’s “false accusations” that
he is pro-communist. Hanson said
I McCarthy had fired his charges
I “irresponsibly and protected by
Senatorial immunity.”
Mrs. Lattimore, residing in Bal
timore, flatly denied McCarthy’s
earlier public charge — made on
March 13—that her husband is
[ pro-communist. And Dr. Detlev
W. Bronk, president of Johns Hop
kins University, said then:
“I am sure that Professor Lat
these charges on his return to this
i timore will be quick to deal with
| country ’’
ALASKAGRAM ANSWERS TO
APPEAR IN NUGGET
Sponsors of Alaskagrams arc
| grateful for the splendid recep
tion accorded the contest by hun
dreds of Alaskans in every part
of the Territory, and wish to
thank all of them for the interest
i they have shown. Answers to puz
zles will appear in The Nomp
Nuggea in sets of three, beginning
Monday, April 10. Good luck and
best wishes.
I__
‘Lattimore, 49, is director of the
Walter Hines Page School of In
I ternational Relations at Johns
' Hopkins.
Last night columnist Drew
Pearson, on his weekly radio
broadcast, named Lattimore as the
man McCarthys accuses of being
the Soviet Union’s chief spy in the
United States. Pearson added:
“I happen to know Owen Latti
more personally—and I only wish
this country had more patriots
| like him.”
McCarthy’s charges of com
munists and fellow travelers in
the state department are being
investigated by a Senate foreign
relations sub-committee. He has
said he is willing to let all of his
charges against the state depart
ment stand or fall on the outcome '
of the Lattimore case.
The committee has been trying
to obtain FBI and other govern
ment loyalty files on persons ac
cused by McCarthy, in an effort
to judge the accusations.
—
SEATTLE, (/P)—Firmly declar
ing that he has “nothing to fear”
John S. Service, state department'
employee accused by Sen. McCar
thy <R.-Wis.) of being pro-com
| munist, left here late last night
for a Congressional investigation
he said he welcomes.
Service had reached Tokyo en
route to a new assignment as con
sul at Calcutta when he was re
called by the state department.
“I will be glad to appear before
any board or agency,” he told
newsmen. “Charges against me
! have been investigated and re-in
vestigated and I will be very hap
py to get this matter cleared
up once and for all—I have noth
ing to fear.”
I
prosperity and full employment. My hope is that we
shall become a nation of thrifty people. This would do
much to preserve our nation.
! I THESE WOMEN! By d’Alessio |
I l ' " - --
“Mr. Grimes—yoo hoo, Mr. Grimes! My goodness,
Mr. Grimes has gone off somewhere!"
• •
! NEWS IN BRIEF
(Continued from Page One)
contempt-of-Congress conviction
of Eugene Dennis, general secre
tary of the American Communist
i Party.
WASHINGTON, (^)-Two Con
gress members urged President
Truman today to move quickly in
j naming a chairman for the Na
| tional Security Resources Board,
I the key agency in civil defense
planning.
Both lawmakers, Senator Cain
(R.-Wash.) and Rep. Holifield (D.
Calif.), are members of the com
mittees which have started exten
sive studies of the civil defense
measures taken to date. They feel
that NSRB needs a permanent
chairman in order to carry out its
responsibilities.
FAIRBANKS, (/P) — The mar
shal’s office reported Saturday the
apparent suicide of an Alaska
Railroad employee at Healy, south
of here on the rail line.
He was identified as Luis Mo
cha. The marshal said death ap
parently was inflicted by a .38
caliber Colt revolver. No inquest
will be held.
^viocUa was, a member of the
American Legion at Anchorage, a
former member of the merchant
murine, auu u palmer oy trade. A
mother and sister in Czechoslova
kia surivive.
ST. JOHNS, Nfld. (/P)—The Ca
nadian sealer Algerine, first ship
to return from northern ice floes,
arrived here today with a bumper
load of 27,000 seal skins. The Al
gerine completed the voyage in
20 days—a modern record for seal
hunts.
GSTAAD, Switzerlan d , (/P) —
Mrs. Cynthia Dunn Cochrane, 27,
daughter of the United States Am
bassador to Italy, James Dunn,
and Charles Wheeler Thayer, 40,
of Philadelphia, wartime director
of the Voice of America, were
married here today in the 500-year
old chapel of St. Nicholas.
LINDSAY, Calif., (/P)—Seventy
two per cent of the 1950 Valencia
orange crop in central and north
ern California was damaged by
recent cold weather, says the
orange administrative committee
here.
Some 1700 cars will be market
ed from a possible 6,000-car crop,
the committee said.
LONDON, (/P)—A Labor party
member of Parliament, F. A.
Cobb, died today and the party’s
overall majority in the House of
Commons was reduced to three.
Cobb was re-elected Feb. 23 by
a 2,132 margin in a tough two
man race with W. E. Woolley, na
tional Liberal whose party is al
lied with the Conservatives.
Cobb’s death will bring on the
third by-election of the new Par
liament, all involving seats won
Feb. 23 by the Laborites.
-?— ■■ .
BALBOA, Canal Zone, (/P)—An
Amerocan cargo ship, the Santa
Rita, carrying 4,000 cases of dyna
mite, raced toward Balboa today
with a fire in her number 1 hold.
The 8,297-ton ship radioed that
she was about 220 miles off Bal
boa and hoped to make port by
tonight. The Grace Line ship is a
cargo-passenger liner, but agents
said she carried no passengers on
this trip.
Lerwick is the capital of the
Shetland Islands, northernmost
part of Great Britain.