COAST GUARD CUTTER
STARTS ON ANNUAL
BERING SEA PATROL
SEATTLE, (/P) — The cutter
Storis sailed from Seattle late Fri
day on the Coast Guard’s annual
Bering Sea patrol.
The Storis will be on the patrol
for four months, making calls
along Alaska's western and north
ern shores and at the Pribilof
and Aleutian Islands.
The summer patrol supplies
Coast Guard stations, provides
medical and .dental care for the
natives and acts as a floating fed
eral court with jurisdiction over
local cases.
The cutter Northwind, now on
duty in the Atlantic, has made the
patrol in previous years.
The Rev. Bernard R. Hub
bard, Alaska’s “Glacier Priest,”
will be a passenger aboard the
Storis.
\ Golden Goose *•
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U.S. Dollar Devaluation in ’53 with $50
j /
Gold Price Predicted by Canadian
TORONTO, Can-, May 30—Devaluation of the Amer
ican dollar is coming in 1953, Frank Pick, noted cur
rency analyst, predicted at the closing luncheon of the
Canadian Prospectors convention. It will probably be
a $50 U.S. gold price, but may be $70. The matter has
recently been officially discussed in top political circles.
Nearly ail ireeaom-ioving coun-^
tries of the world have come very
near the end of the road of mis
managed paper currency. To il
lustrate this, the speaker cited a
memorandum to U.S. Secretary of
State Dean Acheson from Britain’s
Foreign Secretary Anthony Eden
and Foreign Minister R. Schuman.
It pointed out the nearly hope
less positions of their respective
countries’ currencies, and asked
for further financial aid.
Knowing that Congress is in no
mood to increase the U.S. tax
load, France and England’s finan
cial experts proposed that the U.S.
raise the price of gold from the
present $35 level to $50 an ounce.
Such a step would raise the paper
value of the U.S. gold stock about
$10 billion. This amount would
then be lent to Western Europe in
gold. These countries would in
turn accept free convertibility of
their respective currencies.
Fictitious Gold Prices
“We simply cannot continue to
go along with fictitious money,
'
fictitious gold prices and fictitious
balance sheets,” Pick stated. The
illusion of maintaining a stable
value of our countries currencies
was called only a* “pipedream of
politicians,” which has brought
the world to the gates of complete
bankruptcy. Every country in the
world, except Canada, is spending
more than it takes in. Deficit
spending has reached proportions
of a world-wide plague. •
Gold production will fall sharp
ly unless the price of gold is raised
soon, says Charles A. Banks,
president of Placer Development
Limited, one of the major gold
gravel dredging companies in the
world.
“Gold mining companies every
where are still suffering severely
from rising costs of labor and
supplies,” declared Banks. “A
substantial upward revaluation of
gold must be brought about before
very long if production is to be
maintained at anything like the
past level.”
In the District Court for the Dis
trict of Alaska, Second Judicial
Division, United States of Amer
ica, Plaintiff, vs. 30.03 acres of
land, more or less, being tracts 1,
2 and 3 of the military acquisition
at Cape Prince of Wales, Alaska,
comprising that portion of U.S.
Mineral Survey No. 336 A, desig
nated as the Fourth of July Lode
Claim, the Monroe Lode Claim
and the Planet Lode Claim (part
only), all of U.S. Mineral Survey
No. 336 B, designated as the
Northwestern Mill Site and all ai
U.S. Mineral Survey No. *09 B,
designated as U. S. Mill Site
Claim, in the Port Clarence Min
ing and Recording District (now
incorporated into the Cape Nome
Mining and Recording District),
Second Judicial Division, Terri
tory of Alaska, the Empire Tin
Mining Company, a corporation
created under the laws of Arizona,
Carl M. Welte, Henry G. Krakaur,
surviving members of the last
board of directors of the Empire
Tin Mining Company, the United
States Alaska Tin Mining Com
pany, a corporation created under
the laws of the territory of Ari
zona, Willet M. Spooner, trustee,
of Milwaukee, Wisconsin, and all
other persons or parties unknown
claiming any right, title, estate,
lien, or interest in the real estate
described herein, et al, Defend
ants. No. 3921. Notice. To: Empire
Tin Mining Company, c/o* Carl M.
Welte, 34 East Town Street, Nor
wich Town, Connecticut; Mr. Carl
M. Welte, 34 East Town Street,
Norwich Town, Connecticut; Mr.
Henry G. Krakaur, c/o Carl M.
Welte, 34 East Town Street, Nor
wich Town, Connecticut; The
United States Alaska Tin Mining
Company, c/o Willet M. Spooner,
Trustee, Milwaukee, Wisconsin.
iou Are Hereby Notified that a
complaint in condemnation has
heretofore been filed in the office
of the Clerk of the United States
District Court for the Second Ju
dicial Division, District of Alaska,
in the Federal Building, Nome,
Alaska, for the taking of an estate
in fee simple for use of the /United
States Air Force, of the following
described property in which you
have or claim an interest: Tract 1.
All of the Fourth of July Lode,
all of the Monroe Lode and a por
tion of the Planet Lode tin mining
claims, embracing a portion of U.
S. Mineral Survey No. 336 A in
the Port Clarence Mining District,
Second Judicial Division, Alaska,
and more particularly described
as follows: Commencing at a point
that is common to Corners No. 1
of the Fourth of July Lode, No.
4 of the Planet Lode and No. 3 ,
of the Monroe Lode of Mineral!
Survey No. 336 A and from which
! paint U.S L.M. No. 336, latitude
65° 34' 34 9" N.. longitude 167°
58' 41.7" W. bears N. 84° 29' E.
4019.50 feet: thence N. 66° 45' E.
279.10 feet *o Corner No. 4 of the
Monroe Lode; thence S. 33° 00' E.
1052.80 feet to Corner No. 1 of the
Monroe Lode: thence S. 66° 45' W.
279.10 feet ta Corner No. 2 of the
Monroe Lode, said corner being a
point on the line common to the
Monroe Lode and the Planet Lode
and from which the Point of Be
ginning of this description bears
N. 33° 00' W. 1052.80 feet; thence
N. 48° 20' W. across the Planet
Lode 1085.34 feet to 3 point on
the line common to the Planet
Lode and the Fourth of July Lode
and from which the Point of Be
ginning of this description bears
N. 55° 47' E. 287.06 feet; thence
S. 55° 47' W. 293.84 feet to the
corner common to Corner No 3 of
the Planet Lode and Corner No. 2
of the Fourth of July Lode; thence
N. 18° 07' W. 704.00 feet to’ Corner
No. 3 of the Fourth of July Lode;
thence N. 38° 50' W. 410.50 feet to
Comer No. 4 of the Fourth of July
Lode: thence N. 55° 47' E. 531.90
feet -to Corner No. 5 of the Fourth
of July Lode; thence S. 40° 16' E.
413.20 feet to Corner No. 6 of the
Fourth of July Lode; thence S.
21° 08' E. 692.60 feet to the point
: of beginning of this description.
The above described lands contain
23.39 acres. Traci 2. All of the
Northwestern Mill Site as shown
on U.S. Mineral Survey No. 336 B
in the Port Clarence Mining Dis
; trict, Second Judicial Division,
Alaska, and more particularly de
1 scribed as follows: Commencing
a*t Corner No. 1 of the North
western Mill Site Claim, Mineral
| Survey No. 336 B, and from which
l corner U.S.L.M. No. 336 latitude
65° 34' 34.9" N., longitude 167°
I 58' 41.7" W. bears N. 27° 28' 24"
W. 5038.60 feet; thence S. 28° 19'
j E. 372.50 feet to Corner No. 2;
! thence S. 61° 39' W. 472.00 feet
! to Corner No. 3; thence N. 28° 19'
W. 373.00 feet to Corner No. 4;
thence N. 61° 43' E. *72.00 feet to
| the point of beginning. The above
| described land contains 4.04 acres.
Tract 3. All of the U.S. Mill Site
as shown on U.S. Mineral Survey
No. 409 B in the Port Clarence
Mining District, Second Judicial
Division, Alaska, and more par
ticularly described as follows:
Commencing at Corner No. 1 of
the U.S. Mill Site Claim, Mineral
Survey No. 409 B, and from which
corner U.S.L.M. No. 336, latitude
65° 34' 34.9" N., Longitude 167°
58' 41.7" W., bears N. 34° 13' W.
5179.90 feet; thence N. 68° 23' E.
256.30 feet to Corner No. 2; thence
S. 4° 49' E. 373.10 feet to Corner
No. 3; thence S. 6S° 23' W. 256.30
I feet to Corner No. 4; thence N.
: 4° 49' W. 373.10 feet to the point
1 of beginning. The above described
parcel of land contains 2.10 acres.
The authority for the taking is
the Act of Congress approved Feb
ruary 26, 1931 (46 Stat. 1421, 40
U.S.C., Sec. 258 a), and acts sup
plementary thereto and amenda
j tory thereof, and under the fur
; ther authority of the Act of Con
gress approved August 1, 1838 (25
Stat. 357; 40 U.S.C., Sec. 257), and
Act of Congress approved August
18, 1890 (26 Stat. 316), as amended
by the Acts of Congress approved
July 2, 1917 (40 Stat. 241) and
April 11, 1918 (40 Stat. 518; *50
U.S.p., Sec. 171), which Acts au
thorize the acquisition of land for
military purposes, the Act of Con
gress approved August 12, 1935
(49 Stat. 610; 611; 10 U.S.C., Secs.
1343 a, b and c) which Act au
thorizes the acquisition of land for
Air Corps stations and depots, the
National Security Act of 1947, ap
proved July 26, 1947 (61 Stat. 495)
and the Act of Congress approved
September 6, 1950 (Public Law
759, 81st Congress) which Act ap
propriated funds for such pur
poses. You Are Further Notified
that if you desire to present any
objection or defense to the taking
of your property you are required
to serve your answer on the plain
tiffs attorney at the address here
in designated within twenty days
after the date of service. Your an
swer shall identify the property
in which you claim to have an in
terest, state the nature and extent
of the interest you claim, and
state all of your objections and
t defenses to the taking of your
! property. All defenses and objec
; lions not so presented are waived
j and in case of your failure so to
; answer the complaint, judgment
i of condemnation of that part of
the above described property in
which you have or claim an inter
est will be rendered. But without
answering, you may serve on the
plantiff’s attorney a notice of ap
pearance designating the property
in which you claim to be inter
ested. Thereafter you will receive
notice of all proceedings affecting
it. At the trial of the issue of just
compensation, whether or not you
have previously appeared or an
swered, you may present evidence
as to the amount of the compensa
tion to be paid for your property,
and you may share in the distri
bution of the award. Dated at
Nome, Alaska, this 13th day of
September, 1951. Everett W. Hepp,
United States Attorney; Hubert A.
Gilbert, Assistant United States
Attorney. Address: Federal Build
ing, Nome, Alaska.
Publish June 4, 11, 18, 1952.
RADIO PROGRAMI
ARMED FORCES RADIO SERVICE — NOME FIELD I
Monday
5:00—Jack Kirkwood
5:15—Jack Smith
5:30—Symphonic Portraits
6:00—News Shapes Tomor.
6:15—Sportscope
5-6:30—News & Baseball
(Reception permitting)
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12:00—Jukebox USA
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Tuesday
8:00—S4rike up the Band
6:15—Jack Baker
6:30—Rise and Shine
7:00—News
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7:05—Rise & Shine, Cont.
8:00—Morn. News Rndup
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5 - 6:30—News & Baseball
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! 8:30—Howard Barlow
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10:00—Requestfully Yours
11:00—Club 15
11:15—Words with Music
11:30—One Night Stand
12:00—Jukebox USA
12:30—At Ease
12:55—News
Wednesday
6:00—Strike up the Band
6:15—Jack Baker
6:30—Rise and Shine
7:00—News
7:05—Rise & Shine, Cont.
8:00—Morn. News Rndup
8:15—Dixieland Club
8:30—Morning Devotions
8:45—Jack Berch
9:00—A1 Goodman
9:30 -You Name It
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10:05—You be Weatherman
10:30—Harmony Rangers
11:00—Dave Garroway
11:15—Music from S. A.
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Noon—News
12:15—Platter Parade
1:00—Jane Pickens
, 1:15—Hillbilly Jamboree
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3:30—Meet the Band
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4:15—Curt Massey
4:30—Musical Wonderland
5:00—Jack Kirkwood
PRINTING - ALL KINDS • The Nugget
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SAVE SAVE SAVE
Savings up to 40% on all food and household
items. Standard brand items such as Libby’s,
Del Monte, Stokely, etc. Nome and Kotzebue
boats leaving Seattle June 4th and July 9th.
Write for your copy of our latest price list.
ALASKA FOOD ENTERPRISES
P. O. Box 133 Anchorage. Alaska
FRESH SEAFOOD
OYSTERS — CRAB — PRAWNS
ALASKAN SHRIMP — CRAB MEAT
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Hours: 6:30 a.m. to 10 p.m.
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Glenn Carrington and Co.
is pleased to announce that
The “Builders Supply Co.”
with Don Perkins as manager
will continue to operate the
Internationa] Harvester Agency
TRACTOR — TRUCK — POWER UNFITS
A COMPLETE STOCK OF PARTS -
IS AVAILABLE FOR YOUR
MINING and CONTRACTING EQUIPMENT
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WE WISH TO EXTEND OUR THANKS TO
OUR PAST PATRONS OF THE SEWARD
PENINSULA AND SUCCESS TO THE
BUILDERS SUPPLY COMPANY
IN THEIR NEW VENTURE
Glenn Carrington and Co.
C. A. Roust, Manager
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