— - I
THE SEWARD POLARIS !
Peninsula-Chain News
Dedicated to the Building
of the ‘‘Kenai Empire”
Independent
I'nited Press Service
Published Semi-weekly
by
il. \V. and N. M. Hunt
Sew ant. Alaska
‘.scription Kate $8 00 per year
WHAT PRICE
COLD STORAGE
o
Co.-! of Cold Storage
to Cl\ $40,000.00
Interest to retire bonds
i n same 25,200.00
D 'p"cciat:on on building
20 years 40.000.00
limit received by city over
20-\ear period* $100,000.00
Taxes reed by the City
over a 20-year period at
12 mills on a valuation
of $117,748 84 or $28,240.00
The price agreed upon is $40.
000 and these bonds have been
sold. The bond holders made an
effort to collect a year’s interest
on the $40,000.00 at then Monday
night regular meeting with Dali I
and Kennedy both voting aye.
Furious opposition to the move
was developed by Councilman No
vick ami in the audience: even
tlv> other councilmen were strong
ly against any payment, of inter
est to bond holders at this time.
Using he basic price of $40,000.
as the start, the bonds draw 6
per cent for the 20-year period.
This raises the figure $25,200.00
more or to $05,200.00.
Depreciation at 5 per cent per
year uses up the entire amount
of $40,000.00 and adds that amount
to the cost which makes a total
of $105,200.00.
The lease or ren money paid
by Riley and Pege at the rate of
$5000.00 per year for 20 years
would amount to $100,000.
This amount being used to off
set the cost would* leave a dif
ference of $5,200.00 on the red
side of the ledger. It is under
stood that they make certain im
provements and additions hut the
contract reads they may be re
moved at the end of the term of
lease.
Now. just how much actual
cash is the city OUT because of
this particular deal in which pri
vate business has been forced out:
that is business which pays a di
rect tax to the city and lessens
the tax-burden of the man in the
city?
Here it is:
Under the Tax structure set
up by Henretta, the Cold Storage
and Marine Ways should pay
$1412.98 per year in taxes.
If this is so and the figure of
millage is raised or lowered there
would be just that much fluctua
tion in that figure.
That amount figured at 1412.98
per year would mean $28,240.00
j !
j IF IT'S BEER OR LIQUOR YOU WANT j
{ TRY OUR I
| NORTHERN \
i COCKTAIL BAR OR LIQUOR STORE
1 !
] THE YELLOW CAB THAT IS PARKED I
i AT OUR DOOR IS AT YOUR SERVICE j
• .
I I he Northern Bar s
» « :
"A Gentlemans Place of Recreation'" j
‘ j
Relax While You Travel
When you go by steamer, you can relax in the luxurl
ous comfort of staterooms, lounges and decks ... sit
btfck and enjoy the scenery as you sail.
£at the Best Food —No Extra Charge
The Alaska Line is famed for the exrcllpnee of its
cuisine. You will marvel at t!ie delicio.i-lv pippirpd
meals. The cost of all meals is in. bid- ! in l!-<*
Your herth, too!
Sailings Are Frequent
0SS ALEUTIAN MAR. 25
Valdt*«, Cordova, Jun ", Wrangell, Ketchikan
enrout to Seal tie.
SS BANANCF MAR. 19 1948
Calls Juneau. Petersburg, Ketchikan, enrout Seattle
Calls til Petersburg to and from Seattle.
\ i .n\i j
loss over a 20-yoar period. ,
Adfl to that amount to$ 5,200
and you have a heavy loss to Iho
eity over the 20-year period fo
$33,440.00
Money that is needed in so
many places that the abs. nee of
finances makes the future df the
city look black, indeed.
£>
See the “POLARIS”
COM MKROIAL PKIXTINO
Air France has taken over the
Jnvalides Station in Paris as an
air terminal capable of handling
ilOO passegers an hour.
*j -
CITY ELECTION
You cannot sign a petition un
less you have registered—Regis
tration Closing Date April 3rd at
10 P.M.
•
Buy the “POT,ARTS”
Mooseheart, III., and Moosehaven, Fla.,
Monuments to James J. Davis
r——......jm
HAITI CHILDREN VI
MOOS EH KART ILL
I
II A I'M Oi l! FOLKS \l
MillISFIIAV KN. FLA
'
James J Havis *4 former l S Secietaty uf Labor and lonnei
U S Senatoi from Pet.nsv Ivanta. died Nov 22d in Washington but
two outstanding American communities live on ■«> monuments to his
memory They ate Moose heart III famed City of Happy ...
for youngsters w hi have lost one or hoth patents, and Moosehaveti
Fla . Citv of Contentnietit for dependent old folks Hoth were founded
<M ooseheart it 1919 and Mm sehaveo in 1922 1 t > y Mr l*avis. w hi from
1906 until his death was iMreclor t>ei>eral c>f the Loyal (inlet of Moose
a fraternity dedicated tc humanitarian «' ik. and with a inemtierstnp
of HIM1,(H't1 met' throughout I hi- Fritted States am! ( anada Ni-ar Iy
1 (tuO children receive care and a top'h school education plus a trade -
at Mooseheart a 1.2tMi acre community Imaled !if> miles west of Chi
cajro Three tiundred eld folks dwell at Moosehaveti part of Oraritre
Park, Fla. on the hanks of the St John's river. 14 miles south of
Jacksonville The Loyal (infer of Moose maintains Loth communities
Mooseheart children are sons and daughters of memhers of the Moose.
Moosehaveti residents are Moose members wives of members or
widows of members
1
You can bet it’s not by accident
that RPM Compounded Motor
Oil keeps your motor cleaner, ^
gives it longer life. This oil’s t
especially compounded to end
carbon trouble, prevent corro
sion, stick to hot spots that ordinary ods leave hare
and exposed to wear, to fight oxidation, and to
eliminate air-bubbles that would
impair circulation. Best of all,
RPM Motor Oil rust proofs as
it lubricates!
V RANCH MANAGER
W. C. ERWIN
^ wpt- -- "j^jj
One of the most interesting let
ters hearing on prosperity was
published recently in the El Reno
American. It is copied below^ in
full:
“Dear Cliff:
“Well, since I sold the little
farm in Arkansas I have prosper
ed. You know we always lived
in that little one-room shack, but
I came to east Texas and bought
a farm, and pretty soon I leased
it to an oil company and was
sure lucky. They hit a big oil
field on the place ano' now I have
a big house here in Alto. It has
six roms.
“There is one we don't do any
thing but eat in. one we just sit
in, two rooms we don't do any
thing but slo p in, one room we
don't do anything but cook in,
and there is one that is all white
that has a place you can wash
all over, and over in the corner
there is a place you can wash
your face and hands in, and a
cross the room there is a place
you can wash your feet in. When
we movea* in there was two lids
on this, but we have taken them
off, we ^re using one of them for
a doughboard and the other we
framed grandpap’s picture with.
| “Why don’t you and Liz come
up some time,
I Your friend,
“JIM"
-Salt Lake City Tribune
I We afil to see anv difference
1 between a mayor who resigned
because of a matter of commis
. sion and councilmen who would
! pay themselves unearned interest
by selling the city short by on
the dollar.
e
While we are berating the
j farmer these days for the high
. cost of things we eat. let us *
| pause to remember that—
j For one hog he can get a car
penter for two days,
i For one fat lamb he can get
' a plasterer for 5 hours.
| For the eggs from 720 hens in
' one day he can hire a painter
for 8 hours.
For one venr-old steer he can
get 100 pieces of 1” x 12" lumb
er 10 feet long, usually second
grade.
For three hig turkeys lie can
got a half o'ay's work on his ear
not counting the extras.
For four good cows any estab
lished doctor will be willing to
deliver his wife's baby and pay
for tlic hospital bill for a few
days.
For twelve fat hens he can get
a tooth filled although he might
spend another hundred dollars
going and coming.
For one acre of wheat he can
get a pair of ordinary eye glas
ses.
And so we might go on ad in
finitum. but it all adds up to in
flation.
o ---
want to RTA7W
Buy ti e “POLARIS"
Biondie J •' ~ • ’’ -iN<3
SUPPER'S .
i REAPyM
!( ALL OF YOU ]
( GO BACK UP \
V_ THERE AND J
( WASH YOUR )/
• >7 HANDS r-^ ,
;3fc-v_ r-V