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ICE CREAU1
'REPORT FAVORS LOCATION
OF MENTAL HOSPITAL IN
VALLE Y
The Amorican Medical Association comnittoo
that rocontly survcyocT Alaska, has recom
mended in a report to Sccrotory of Inter
ior Krug that a 350 to 400-bod psychiatric
hospitdl be established in the M:\tanuska
Veiloy, disproving current procedure of
sonding patients to Morningsido,
Additional facilities and bettor salaries
to attract doctors and dontists to tho ZNS
staff, conditioning of housing subsidies
upon a'proliibition against the salo of
liquor, coordination of health activities '
in Alaska rorc among other reconnendations.
I lost urgent A1 ask a health problems rero
listed as tuborculosis, shortage of doctors,
lack of adoquatc hospital-bods and of any
psychiatric hospital, inadequate control
of vonorcal disoase; lack of adequate can
itation, alcoholism, eye diseases, shortago
of dontists and lou housing standards.
THE CREDIT UNION
A credit union is as important as the vis
ion of the people rho organizo it. It nay
bo a noons of conbating usury. It nay bo
a convenient and humane ray of saving noncy
and nuking loans at lor rates. Or it nay
be tho foundation of a better and full or
community life. It nay be tho bridgehead
of Democracy on the forbidding coast of
finance, ^hat it shall bo is up to the
noribers.
Slnco the credit union is run like a club
rith nost of the nenbors being acquainted
rith each other, officers serving for tho
nost part rithout pay and the o^pcnscs of
doing business quite lor—the credit union
is on econonical source of credit. Interest
rates oro novor higher than 1 per cont por
nonth on unpaid balance, viiilo loan com
panies charge as high as 3^ per cent per
nonth. Thus a credit union loan of ‘‘JlOO
paid off‘in ton months rould cost $5.50 in
interest, rhile tho some loon from a loan
company rould cost as nuch as 019.25.
Credit Union cannings arc used to defray
expensos, to sot up a roservo fund against
uncollectible loons and to pay dividends on
savings accounts. Losses in credit unions,'
rhich are almost alrays covered by resovvos,
have been remarkably lor, averaging abc. t
ono-tenth of one nor cenxjthc feeling c
loyalty to the credit union accounts io. chi,