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England Closes
Cotton Exchange
WASHINGTON, UP) — Senator
O’Mahoney (D.-Wyo.) contended
today that Great Britain is “using
out own loans against us” in a
battle for world trade centering
around such products as wool and
cotton.
The Wyoming Senator, who
voted for the $3,750,000,000 Brit
ish loan when it was approved by
Congress a year ago, told a re
porter he regards recent action by
the British Parliament as putting
an end to private cotton trading.
(Parliament earlier this month
passed a bill banning private im
portation of cotton and closing the
Liverpool cotton exchange. The
bill provides for a government
commission to buy the fiber in
bulk lots, as was done during the
war. England also maintains con- i
trols over wool transactions.)
“We are up against a wall of
state monopolies in the sale of
wool and cotton and any interna
tional trade agreement is doomed
to failure until we succeed in get
ting Great Briatin and Russia to
agree to a private trading system
again,” O’Mahoney declared, add
ing: “The British are using our
own loans to finance these opera
tions. The Russians are doing the
same thing in the way of operat
ing state monopolies.”
N. C. STORE REBUILDING
BASEMENT WALL
The N. C. Store have been busy;
pouring cement for a new wall of
the basement, to replace that part
of the building which was dam
aged during the storm last fall.
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WEST PALM BEACH, Fla. t/P) I
Morrison army airfield reported <
early today that six survivors
from the 15-man crew of a B-17
flying fortress that crashed into
the dense jungle of Alamicamba,
Nicaragua, had been sighted in
the vicinity of Alamicamba.
For Good Printing Call Main 125
I PIONEERS HELD
SMORGESBORD FRIDAY
j »
Friday evening the Pioneers of
Alaska and the members of the
Women’s Auxiliary held a smor
gesbord party at the Pioneer Ig
loo as a final get together of the
season and in the words of the
main speaker of the evening, M.
J: Walsh, “to celebrate spring.”
A special reason for the party
being given at this time was to
honor Mr. and Mrs. Charles Pen
nycook, who are leaving tonight
for Scotland on a visit to relatives
and friends.
Mr. Penny cook, past president
of the organization was praised
for his fine work in the organizing
of the new Igloo and his splendid
co-operative spirit.
A gift of a camera was present
ed to them to bring back lasting
memories of their trip.
Mrs. Helen Nordlind, president
of the women’s auxiliary present
ed all the ladies with lovely cor
sages of fresh peonies.
Robert Baldwin, who has served
several years with remuneration
as secretary of the order was pre
sented with a check as a token of
appreciation for his faithful work.
After the dinner which was in
charge of Mrs. M. J. Walsh, the
group enjoyed a few games of
cards with the following winning
prizes: Carrie McLain, Karen
Baldwin, Olga Hay, Jake Over
baugh, Ole Hay and Henry Ulrich.
BARROW ICE POOL
STEADILY CROWING
Oliver Morris, sponsor of the
Barrow Ice Pool, states that he
estimates that the pool, which is
growing rapidly, may reoch $50,
000 by June fifth at which time
the pool closes.
The committee in charge of the
pool are Rusty Huerlin. David
Brower and George Leavitt all of
Barrow.
Since 1936 when the pool start
ed the ice has moved out only
twice in June, the earliest being
June 27. The latest date on the
record is July 16. A late break-up
is predicted.
NOME BEAUTY SHOP
Specializing in Permanent Waving
Helene Curtis Elastic Curl
Children’s Permanents a Specialty
" <
Temporary Location, Whaley House
Evening Appointments
RUTH REED Phone BLACK 13
Announcing - - -
The Opening of the
* /
Nome Flying School
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Piper Trainer, Piper Super-Cruiser
CIVILIANS - VETERANS
Permit for G. I. Training
For information consult
LESTER BRONSON LOUIS SOHA
Owner Instructor
Pan American Inaugurates
Orient Clipper Service
; _
Direct flying Clipper service
between the United States and
Shanghai, bringing China within
approximately 50 hours travel
time of San Francisco, will be in
augurated Tuesday, June 3 by Pan
American World Airways.
t
This announcement was made
by Thomas Wolfe, vice-president
of Pan American’s Pacific-Alaska
division, following approval by
the Civil Aeronautics Board of an
exemption order permitting direct
Clipper flights between Guam and
Shanghai. ^
The Shanghai service, the first
scheduled one-carrier commercial
air service between the U. S. and
China since Pearl Harbor, will be
inaugurated on a weekly basis
and will be flown by four-engine
Douglas-built landplanes.
NEW COOK ARRIVES FOR
NOTH POLE BAKERY
Mr. R. Hildebrandt arrived from
Anchorage to be employed by the
North Pole Bakery as cook.
Canadians Can’t
Hoard U. S. Money
OTTAWA, i^P)—Moving to cur
tail hoarding of privately-obtained
United States currency, Canadian
finance minister Douglas Abbott
today announced regulations re
quiring Canadians possessing
more than $10 in U. S. funds sell
them to the Bank of Canada.
The minister emphasized that
no change was being made in the
policy of making “any reasonable
amount” of U. S. funds available
to Canadian residents for legiti
mate travel purposes. As in the
past, residents would obtain neces
sary funds and permits from the
foreign exchange control board
through the banks.
Abbott emphasized the new reg
ulations would not affect the free
dom of American tourists to bring,
funds into Canada or to take home !
any money not spent during their
stay in the Dominion.
Nugget Ads Bring Quick Results
Navy Seeks To
Convert Vessels
WASHINGTON, </P)—The navj
asked Congress today for pei mis
sion to equip four submarines unc
three ships for polar operations
and to convert nine big destroyer!
into special anti-submarine ves
sels.
The program was outlined to i
House armed services sub-corn
mittee by Vice Admiral Earl W
Mills, chief of the bureau of ships
Mills told the committee twr
submarines will be converted intc
troop-carriers equipped to trans
port 100 fighting men each as far
as 3.000 miles underseas. A third
submarine will become a cargo
carrier, if Congress approves, and
another will be equipped as a
“polar picket craft.”
The conversion program als<
contemplates, he said, refitting
two docklanding ships and one at
tack cargo vessel for operation ir
polar waters.
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by two convenient routes
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