Alaska Settlement i
Will Aid Defense i
WASHINGTON, [&)—An Alas
kan resident and a veterans’ rep
antative urged the House public
1: r.ds committee yesterday to set
tle veterans in the Territory as a
bulwark of defense in the event of
an >ther war.
The ’egislation is designed to
give veterans up to 640 acres of
agricultural land, 1,920 acres of
gi ;7.ing lands, 1,920 acres of timber
land or a combination of any two
• ‘ the categories, and 920 acres for
■ fur raising.
“It is a rich desirable, generous
b‘it empty land,” Gilbert P. Ses
sions, Ketchikan, testified. “Alaska
needs veterans now. It has been
cl '.led the last frontier, but unless
we proceed to settle it with our
own kind, it will become our lost
frontier.
I
“If we do not occupy it, others
will. Russia’s sons are just across
, a channel, 50 miles from our lands.
and they are said to be there in
numbers up to 1,000,000. The same
number of our sons should be on
our side of the line.”
Sessions said that alien groups
seek to place “vast hordes of al
iens” in Alaska and that "others j
with a pinkish tinge apparently
seek to delay and obstruct a com
plete American settlement.”
John R. Scott, Baltimore, assist
ant legislative director of the Vet
erans of Foreign Wars, testified
that approval of the legislation
would open Alaska to settlement
by veterans and that thousands had
indicated their desire to go to the
Territory. .
"Alaska is a strategic keystone
to the defense of America,” he
said, “for it is a logical point for
an enemy to attack in order to ob
tain a base for further aggression
in North America. . . .
"Our economic and military se
curity will depend upon the type
of people who settle Alaska. Who
are better guardians than our vet
erans?”
Industrialize Un
developed Areas
Congress has been asked to au
thorize the appropriation of four
million dollars to stimulate devel
opment and industrialization of
underdeveloped areas in the United
States, its territories and posses
sions.
The enabling legislation, intro
duced in the Senate by Senator
Flanders of Vermont and in the
House by Congressman Hays of
Arkansas, seeks to increase em
ployment opportunities for surplus
farmers and other workers in such
regions.
The funds would be used by the
secretaries of agriculture, com
merce and labor to provide techni
cal aid and assistance to all indi
viduals and groups interested in
encouraging establishment of new
industries and greater employment
opportunities. Preparation and dis
tribution of technical and econo
mic information and training of
workers would be accomplished
under the provisions of the two
bills.
Northwestern Alaska Fair Association
NINTH ANNUAL FAIR
. • *
For $ J 0 0
A ticket can be purchased enabling the lucky holder to win one of the
following worthy prizes which are to be given away at the Fair!
“PHILCO” Radio-Phonograph
“FRIGIDAIRE”
“THOR” Washing Machine
1st Lucky Number drawn gets choice of any one of the three prizes.
2nd Lucky Number drawn gets choice of any one of the two remain
ing prizes.
3rd Lucky Number drawn gets the remaining prize.
Drawing will be at 11:30 P.M., April 19th
Alaska R.R. Has
Moved Backlog
SEATTLE, (/P)—Col. J. J. John
[ son, general manager of the Alas
ka Railroad, left for Anchorage on
a 7 a.m. plane today after confer
ences here with maritime commis
sion and steamship line officials to
j coordinate service on ship and rail
1 movements to Alaska.
I
The government-owned road
has completely caught up with the
backlog caused by the shipping
I strike and severe winter weather
i which slowed operations, he said.
February was the road’s peak
month.
The railway is prepared to han
dle all the goods needed at interior
points and the shipping picture
now looks “very favorable,” he
added. He was here also .to recruit
workers for the railroad’s rehabili
tation program.
Meantime, major shippers to
Alaska reported various amounts
of freight, ranging from 500 to
2,000 tons, currently being held up
in their respective warehouses,
but all seemed to feel the situation
is “clearing up,” a spokesman said.
Capt. A. E. Lathrop, Fairbanks
business man, also was nere.
A Fairbanks chamber of com
merce was scheduled to leave An
chorage to fly to Washington, D.
C., to protest asserted Seattle “de
lays” in Alaska shipping service.
Egyptian ladies in 900 B.C. car
ried vanity cases made of iron.
Portraits Photo Finishing
Photostats Photo Copies
ABBEFOTO
24-Hour Service
2nd and “B” St. Phone Main 161
PIONEER WATER DELIVERY
Phone Main 94
ERIC NELSON
Swing Into Spring
with
Fashion Originals
from
VI’S DRESS SHOP
(OFFICIAL PUBLICATION)
Report of the Financial Condition
OF THE
Miners and Merchants Bank of Alaska
Located at Nome, Territory of Alaska, at the close of business on the
I 31st day of March, 1947.
RESOURCES
Loans and discounts .$ 473,926.45
iToans on real estate. 76,891.86
United States bonds and securities. 855,847.27
Other bonds and warrants . 48,943.75
Banking house, furniture and fixtures. 37,794.06
Other real estate owned. 3,989.84
Due from other banks ..'... 379.139.69
Checks on other banks and other cash items. 11,160.66
Cash on hand . 133,262.00
i Gold bullion on hand. 743.73
Prepaid insurance . 1,792.45
TOTAL .$2,023,491.76
LIABILITIES
| Capital stock paid in.$ 100,000.00
| Surplus fund . 25,000.00
1 Undivided profits less expenses paid. 115,720.17
1 Demand deposits . 1,346,311.54
Time deposits .t. 433,981.26
Reserve for repair of storm damage. 2,478.79
TOTAL . $2,023,491.76
UNITED STATES OF AMERICA )
TERRITORY OF ALASKA ) SS.
SECOND JUDICIAL DIVISION )
I, Alva A. Daue, Cashier of the above named bank, do solemnly
! swear that the foregoing statement is true to the best of my knowl
edge and belief. »
ALVA A. DAUE, Cashier
(CORRECT ATTEST) I
ALVA A. DAUE,
Director.
(NOTARIAL SEAL)
Subscribed and sworn to before me this first day of April, 1947
BEVERLY A. MORGAN,
Notary Public in and for the Territory of Alaska.
My commission expires December 27 1947.