"RETURN TO GOLD STAND
ARD TO HALT INFLATION"
DENVER, (£*) — Return to the
gold standard would stop infla
tionary trends in the United States
Joseph Stagg Lawrence New York
banker, told delegates to the Colo
rado mining association conven
tion.
Addressing the association’s an
nual “Silve rand Gold” banquet,
Lawrence said a free market for
gold produced or sent to this coun
try would cure the nation’s fiscal
ailments.
“Unless we return to an honest
fiscal policy, we never again will
see an honest gold standard,” he
said, adding, “The President has
never put his finger on the one
thing that would have stopped the
rise in the cost of living—the gold
standard.’
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(Continued from Page One>
from the fishing fleets because
they “are a dangerous and out
moded method,” which is “costing
annually in fishermen’s lives and
health.”
In another action, the House
passed unanimously a bill to open
Alaska housing authority projects
to war veterans and other citizens
of the Territory.
Friday. February 4. 1949
JUNEAU, (/P)— Lively discus
sion preceded the 17-7 adoption by
the House yesterday of a bill
aimed at preventing Alaska can
neries from developing their own
power-driven fishing fleets.
The measure would impose a
tax of $5,000 for each 30-foot or
larger boat above a total of nine
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boats operated by a single owner.
Its sponsor, Rep. Alfred Owen,
!Jr., said the purpose of the bill is I
i“to spread boat ownership among!
the citizenry for the benefit of the >
Territory.”
Supporters contended that curb
ing the development of cannery
owned fleets would check the
trend of Seattle and San Francis
co crews taking big payrolls out
of the Territory.
Marcus Jensen, Douglas Demo
crat, one of the seven who oppos
ed the 'bill, declared: “It is ironic
for the House to pass a bill to
force a switch from sailboats to
power boats on Bristol Bay and
now that we have power boats, we
start taxing them.”
Wednesday, the House adopted
a measure to levy a heavy tax on
Briston Bay sail-driven fishboats.;
In other action yesterday:
The Senate taxation committee
reported out a one per cent gen
eral property tax bill but failed in
an attempt to have its amend
ments adopted before the measure
was re-routed into the finance
committee.
The House passed a Senate me
morial to federal officials to open
parts of the Bering Sea and Nor
ton Sound to salmon fishing for
the benefit of residents of Nome
and other western areas.
The House passed a Senate me
morial calling on Congress and
the civil aeronautics board to
abolish CAB authority over small
commercial air carriers in Alaska
and allow qualified larger uncer
tificated carriers to operate freely
between Alaska and the # States
with passengers and freight.
The House received “do pass”
recommendations from the ways
and means committee for a gener
al business license tax bill and a
$250,000 housing authority bill to
broaden greatly the authority’s
activities.
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Rep. Stanley McCutcheon, Dem
ocrat, introduced a House bill to
rhise salaries of Territorial elec
tive officers and heads of main
departments from $6,000 to $8,000.
The Senate finance committee
late yesterday apparently sound
ed the death knell for a bill pro
posing a Pioneer women's home
and a $100,000 appropriation.
The committee, headed by Sen.
John G. Butrovich, Jr., Republi
can, said it couldn’t recommend
passage “in view of the Territory’s
budgetary requirements and un
til definite need is shown.”
A similar bill with double its
appropriation and a proviso for a
Fairbanks home also, was intro
duced in the House this week.
A memorial was introduced in
the Senate today calling for a sur
vey next summer for the missing
highway link between Nome and
Fairbanks. The memorial was in
troduced by Senator Anderson,
Nome Democrat, asks Congress,
federal officials and the Alaska
Road Commission to launch the
survey “with a view of construc
tion as soon as possible” of the
seven hundred mile gap between
Rampart and Council. It says the
link is needed badly for the stra
tegic Nome area from military
and economic standpoints.
ROTARY CLUB
The regular luncheon meeting"
of the Nome Rotary Club was held
Thursday with Dr. George Paul
son as guest speaker. He related
the story of Gregory Ayac, King
Island native who survived 17
days exposure on the ice and who
has been his patient, and told of
his favorable condition.
HOSPITAL NEWS
Gregory Ayac is reported im
proving favorably from frozen'
hands and feet and from all indi
cations will not lose either hands
or feet. He is being removed to
the ANS hospital at Kotzebue
soon. ,
Dr. Jimmy Oliyohek. native
dentist of St. Lawrence Island,
who learned his profession with
the aid of visiting nurses and
doctors on the isolated island, de
parted for Juneau by plane yer
terday to acquire additi o n a I
knowledge and some new equip
ment and instruments.
Mr. and Mrs. Stan Bartlett of
Pan American ith their son Keith
a new daughter, returned home
on Thursday’s flight.
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