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Alaska Studies By Interior Dept.
Reveal Multi-Billion-Dollar Future
Secretary.of Interior Chapman’s1
statement, the first part of which
was reported in Friday’s Nugget,
rveals a multi-billion dollar future
for Alnska. His statement is con
cluded here.
Many Interior Department agen
cies took part in the Alaskan
studies, but they were supervised
by the Reclamation Bureau. Some
major conclusions:
1. Alaska's potential power
sites are so abundant that even
the most remote corner of the
territory is easily within modern
power transmission distance. New
hydroelectric power installations
ore urgently needed for civilian
and military uses and for addi
tional defense installations in the
Anchorage, Fairbanks and Nome
areas.
“There are only a few remain
ing undeveloped power sites in
the United States capable of gen
erating energy at less than three
mills per kilowatt-hour,” the re
port said.
“This has resulted in light metal
producers turning toward Canada.
“Recently, they have been eye
ing Alaska’s power potentialities,
which may well be the decisive
factor in the world struggle for
supremacy in the production of
light metals.”
2. The government should im
mediately investigate the feasi
bility of bringing about 87,000
acres of usable land lying idle,
in Alaska, into production.
3. Municipal and industrial
water supplies are urgently
needed in several localities, par
ticularly in the Fairbanks •area
where cesspools have contamin
ated well water.
4. Projects for flood control and
navigation of Alaska's inland
waterways will become increas
ingly important as the territory is
developed.
5. There are possibilities for
significant discoveries of oil. The
* territory has sufficient deposits of
ouilding materials for many of its
growing needs. Deposits of mer
cury, chromite, platinum, tin,
tungsten, zinc and antimony
might, under more favorable ec
onomic conditions, contribute im
portantly to American industrial
needs.
6. Immediate investigations of
the water resources for power
and other benefits should include
the big Susitna River basin, trans
mountain diversion of water from
the Yukon’s Lewes River drain
age basin to the Taiya River out
let 10 miles north of Skagway,
and potential power sites in south
eastern Alaska under study for
plant sites by pulp industries.
“There will be no spectacular
and overnight development of
Alaska’s power resources,” the re
port said. “Development will be
slow in the next few years, with
demands for power gaining in
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momentum with time.
“Several medium-size dams
should be constructed immediate
ly to supply pent-up demand for
power. Several more should be
constructed soon to supply power
demands -assured in the near fu
ture.
“However, by the end of the
next 10 years talk should turn to
the early construction of the
‘po*wer giants’ and plans should
be finished and ready for the go
ahead signal.”
One of the proposed giant dams,
at the Wood Canyon site on the
%
Copper River in south central
Alaska, would be 700 feet high,
second in size only to 726-foot
Hoover Dam on . the Colorado
River in Arizona and Nevada.
A proposed reservoir on the.
Kuskokwim River, in the Yukon
! region of southwestern Alaska,
would provide storage spac& for
230,000,000 acre-feet of water, as
compared to the 32,000,000 acre
feet in Lake Mead at Hoover Dam.
It would take 10 years to fill.
Another reservoir at Tuksuk, in
the Seward Peninsular region,
would store 4,500,000 acre-feet of
water and take nine ye-ars to fill.
TERRITORY OF ALASKA
OFFICE OF THE AUDITOR
JUNEAU
CERTIFICATE
OF DISSOLUTION
I, NEIL F. MOORE, Auditor of
the Territory of Alaska, -and cus
todian of corporation records for
said Territory, DO HEREBY
CERTIFY that on the 11th day
off July. 1951, the application for
Certificate of Dissolution of the
NORTHERN MINING
AND TRADING COMPANY
a corporation organized under the
laws of the Territory of Alaska,
together with proof of notice erf
Directors’ Meeting held May 14,
1951, resolution unanimously
adopted by the Board of Directors
on April 9. 1951, providing for
dissolution of corporation, proof
of publication of notice of adop
tion of such resolution, proof of
I mailing to all stockholders Of
I notice of special meeting at which
i said resolution was to be consid
| ered, and written consent of two
\ thirds of stockholders to dissolu
I tion of the corporation.
THEREFORE, in view of the
(above premises, I DO FURTHER
i CERTIFY that the Northern Min
;ing and Trading Company, is dis
solved, pursuant to Title 36, Chap
j ter 1, Section 146, Alaska Com
! piled Laws Annotated, 1949, upon
I the filing in this office of the
: proper proof of publication of this i
[ 00ft
, IN TESTIMONY WHEREOF, I
| have hereunto set my hand and
affixed my official seal, at Ju
neau, the Capital, this 11th day
of Julv, A.D. 1951.
(SEAL) NEIL F. MOORE,
Auditor of Alaska
Publish July30, Aug.6,13,20, 1951
i
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ARCTIC OIL DELIVERY
Phone—Shop: Black 76 — Residence: Main 52
WE CHECK YOUR TANK REGULARLY
Ben Young
f
Police Seek Motive For
Murder Paper Executive
CHICAGO, (/P) — Police delved
into the business and personal af
fairs of Charles Crane, 37, a weal
thy paper company executive, as
they hunted a motive for his
mysterious slaying.
“We have no clues at all,” said
Lieut. John Golden, chief of homi
cide detective. “The motive may
have died with him.”
Crane, who in 10 years rose
from a $50 a week dock hand to
virtual operator of the Thomas
Paper Stock Company which
grosses from $6 million to $8
million a year, was shot to death
last week.
Crane was sitting in his car out
side the company plant in the
Goose Island district, when a
green-shirted gunman approached.
He fired two shots.
Crane was married and the fa
ther of two sons, James, 2, and
Richard, six weeks.
i
For Good Printing Call Main 125
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' - ^JViigget
‘Don’t you big oil
companies get
together to set prices?”
S>
The question off gasoline price affects every
motorist: Standard Oil Company of California re
ceives some letters along these lines: “When I drive
downtown, the prices of all the major gasolines seem
to be about the same. I've heard it said that the major
oil companies got together to set prices. Isn't this trueV*
The answer is an unqualified NO. Oil com
panies do not get together to set prices, nor do we
in any way set prices by agreement. Bdt we do
think it’s in order to tell you about gasoline prictiB
and how they’re arrived at:
When you shop you find not
only gas but many products of
the same kind and about the
same quality priced about
alike. Prices just naturally
tend to even up. Here’s why—
We "set prices” only at sta
tions we own and operate—
Standard Stations, Inc. Ex
perience shows what to charge
to cover cost of product and
service, yet sell in competition.
Suppose a gas dealer were forced to
sell at 2c a gallon more than his neigh
bors. Business would soon pass him by.
Or suppose he had to sell for 2c a gallon
less, still giving full quality and service.
As his competitors cut price to hold cus
tomers, his income falls. In time he
would go broke.
« § V. . P
At Chevron Gas Stations the oper
ators are completely independent. They
make up their own minds about price.
You occasionally see a range of gasoline
prices for the same or different brands
in a single area, until competition finally
forces the prices of similar products and
services back to a common level.
«
~ ^ <tV
These imaginary exam
ples of set-price policy
show what any gas seller is
actually up against. He
must sell for enough to
cover his costs and make a
living, yet if he charges too
much he'll drive business
away. It's as simple as that.
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•9* Iff! ffrf 19 St
YK/CeS-Umtmr QUALITY
•
The result: better products
at low cost, the benefit you
always get when free com
petition is allowed to work.
Note this: aside from taxes,
and in spite of inflation,
gasoline today costs about
what it did in 1919, yet two
gallons now do the work
that required three then.
* I’d Like to Know ;. • Many people write to Standard asking
pertinent questions about the Company. We answer all letters individually,
but some points seem of general interest. We take this way of discussing
them for everyone. If you have a question, we urge you to write in care of:
“I’d Like to Know,” 225 Bush Street, San Francisco 20, California.
STANDARD OIL COMPANY OF CALIFORNIA
• plans ahead to serve you better