GOY&srjr? JI.tf.-E3 PLAN3 FOR A...Af'Zk
PULP.
The U. 3. Forest Service has disclosed that
it has taken the primary concrete step to
ward promoting and establishing pulpwood •
and nor dpriu.t industry. An agreement has
been made by the Forest Scrvico by request
of a group of Toy? York and ’Test Coast fin
anciers. The agreement is for the salo of
8,000,000,000 board foot of pulp timber'
from the areas in and around Petersburg,
Thomas Bay and T’rangcll, Alaska.
The Terms of the agreement specify the suc
cessful bidder must have no loss than
$8,000,000 available’ immediately for con
struction of a plant. Tho quantity of tim
ber covorod by tho agreement mould bo suf
ficient to mantain a nowsprint plant pro
duction of 505 tons por day for fifty
years.
Closing of the deal would mean the expen
diture of $30,000',000 to 040,000,000 to
build a pulp mill, power plant and a town
of 2,000 to 2,500- one of the largest in
Alaska- 16 miles o.: st of Petersburg.
The firm which wins the bid'will have to
spend from $300,000 to ^5^",000 in tho
first yoar on plans and surveys. If the
sale is held early enough for surveys to
begin this year, production nay "'©gin in
1950.
* s|c sjc >k V: * & * * 5{c sjc >io4e * sjc
SALS OF FATURAL COLD
Treasury Department officials have infor
med Dclogatc Bartlett that they are my
stified b” recent publicity given to a rog
‘ulation standing since 1954 which allows thj
purchase and sale cf natural gold on tho |
domestic market.
From the notrs accounts rhich appeared in
Alaska papers as well as those throughout
tho rest of the country it would ap 'ear tha
a no*- and more profitable market has been
opened to gold minors,. but Delegate Bart
lett’s inquiry at the Treasury Department
stemming from his bcliof that ho inter
pretation of tho Gold Reserve Art of 1934
had long been known and carried out resul
ted in confirmation of his belief by tho
Trot sury ''opartmont* s General Counsel. The
latitude given miners in soil in.;- mold with
out license untreated by hoot or chemicals
tc domestic purchasers such as jewellers
and dentists, has been In effect for -13
years.
'The advantage to the miner -..'ho sells gold
in the natural state on such a market over
and'above tho Treasury orico for gold of
035.00 a fine ounce is not substantial
since the number of purchasers is limited.
Sc sjofc; jjc >je jjc 5|c ^ >»e :{< sjcijc i ■ sjerf: >!<
for* TpiKl llC I,' ; , W,"
T, "I i.l:> I • Hi 'OV} K^*l~*» •
vr
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MONDAY'S:
TUESDAYS:
" TEfc^SIJiYS:
Story TTour by—
Qt’PQ p.m to 4:00 p.r.j
v Its. L. Rorrison
7':f00 p.m. 'to 9:00 p .m..
0 J;ts. .3arl Craves
2:00 p.n. to 4:00 p.m.
Mrs. H.S. Bauer
2:0r p.m,' -to 4:00 ~>.r.
' lirs.'tf.C. HPu *•'
. • Mrs. Mail Mi 11 or
2-:no p.m. to 4:00 p.m.
Mrs. Ceo. Gei'-’it"
7:00 p.m. to 8:00 p.n.
Mrs. Walter 7oilo
; n
1 I PLfTiER
I 6p
hum
r
ODy i EnOER
\l L \l/
ACETYLENE WELDING
FURNITURE REPAIR
f, A
PHONE 7YIL fa !/
1 '/V -v.Sf ^
\A. <x ;^
rqij" k n^rl(®
!
i
Good FajRAs,'r'ithin {3- jtoT-lj miles of tori:.
Acre Tpoicts in- 5-lb*-f!0- iacras-close in.
For RoFiderrt?ill -Iw'e&tiQn^ 'now available.
LIST YOra FASTIS & TC'"i'T P3C75RTY. 1'CT,
s ‘ V t ’ V '* • •* ' ■* ;
*f i i i /> i < ■ r— «— .'/'/.*% . a ^ rv ^ i /% i
bV>. *
97 ACEpsjF&H - 33/^refs; under
cultivation - c:-:cc 1' ont vegetable !
and potato land. CLOST TO :5AU"SH.
7 room house-full concrete cellar
77611'.house - elec+ric ■"rn» • -■,yarn:;©
barn. : E3 3S1S-J&&: LOOmblf I? ' * 1
L' ’ TrlOTSIh- • V7C .La . MCD23. IT'' .Y • &1IC3&
The man who gives no ompiboj-mont which'I
nust have or suffer, that man id my mas
tor, lot me call him •■//'.at I will.
—Henry George