THE NOME DAILY NUGGET
GEO S MAYNARD, Editor
RUSSELL G MAYNARD. Manager.
Pub!: bed every evening except Sunday by The Nome
Pubh. hing Company, Nome, Alaska.
SUBSCRIPTION RATES
Delivered by carrier in Nome, Little Creek and Sunset
Croat, .'or S2.00 per month. By mail postage paid out
side of N ime and vicinity, SI.50 pe month.
Entered in the Post Office in Nome as 2nd Class Matter
MEMBER OF ASSOCIATED PRESS
GOLD PROCLAM \TION
GOOD NEWS TO
ALASKA INDUSTRY
The proclamation issued
Friday by the President of
the United States, acting
under authority delegated
to him by congress in Jan
uary, 1934. continues the
present price of gold and is
of vital concern to the gold
mining industry through
out the nation and especial
ly in Alaska.
Under the act the presi
dent could alter the gold
content of the dollar, shift
ing it back, if he desired, to
what it was prior to 1934,
making the price of the
raw article $20.97, or he
can increase it even beyond
its present status.
When the president was
first given this authority he
gradually changed the gold
content, advancing the val
ue of gold step by step to
$35.00. For a time it was
expected the price would
be stepped up to $41.34. or
twice the old price,and this
may be done yet.
When America took the
lead in advancing the price
of gold, other nations grad
ually followed, until now
the world price practically
is $35. The result is that
the gold mining industry
has received a stimulus it 1
has not enjoyed before in '
modern times.
Low grade propositions 1
which heretofor could not :
be touched, are now made 1
profitable, and the width of 1
the pays'real; in Alaskan r
and other placers practical- 1
lv is doubled and hard rock 1
properties once scorned are
now eagerly sought. Tens
of thousands of men are em
ployed in mining and allied
industries who otherwise
would be idle and industr
ies supplying the mining
industry enjoy a thriving
market which they other
wise would not have.
To shift the price of gold
back now would bring par
alysis to all these new gold
enterprises and shut down
operations of all but the
very best and richest pro
perties. Investment and
operations in Alaska would
be stunned.
If any change is made at
all in respect to the gold
content of the dollar or the
fixing of the price of the
gold it should be such as
will advance the price. If
it were set at $41.34 it
would not result in an over
production. Gold is so
scarce on the whole there
is no danger of an overpro
duction. The world is hun
gry for the metal and the
nations clamor for it.
At the same time there is
a nend ; mong the nations
for a permanent fix. d and
dependable value to gold.
Values of all commod ies,
from labor to raw products
and men handise is mcas tr
ed in terms of gold, and the
yard stick of values should
not be shifting.
The world needs a stabi
lized currency, a dependa
ble one. By this token the
sooner silver as well as
gold is given a fixed and
non-shifting value the bet
ter for all. The nations
could give silver a reason
ably high price by all agree
ing to use it to a fair degree
as the United States is
doing. Speculation and
racketeering in the metal
then would be eliminated,
and the industry would sup
port an army of miners and
others who market their
products to the mining in
dustry.
The president of the Un
ited States assumed and
practically holds the place
of pace maker in respect to
the gold situation and to a
considerable degree in the .
silver situation.
Pending world stabiliza
:ion of its currencies, it is
o be hoped the American
aoliey will continue of hold
ng up the price of the
metals, especially gold, so
that Alaska and other gold
mining regions will not be
let down or subjected to
paralysis of industry. It is ■
good news to Alaska, great!'
news in fact, that the price
of her major product is to
continue high. Assurance
of this fact means a great
forward stride in her oper
ations this year and for
years to come.—From the
Fairbanks News-Miner of
January 11th.
N O M E
HOT E L
(Corner Main St. And
Hunter Way)
Single and Double Steam
heated Rooms with Bath
Reasonable Rates by Day,!
Weeks or Month
Phone MAin 108
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■
STINSON
RELIANT
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CONVENIENT SERVICE IS
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MIROW AIR SERVICE
FAST, STURDY, LUXURIOUS PLANES
NOTICE OF APPLICATION FOR
PATENT TO MISSION SITE
Mineral Survey No. 2082
.V;me Serial No. 0923
:n the united states land
OFFICE AT NOME, ALASKA.
December 20. 1935.
NOTICE is hereby given that
he CALIFORNIA YEARLY
MEETING OF FRIENDS CHUR
CH. a : . l.gious corporation whose
P ' luffire address and principal
place f busir.ss is Whittier, Cal
ifornia. has made application in
he United States Land Office at
N me, Alaska, 'or a patent for
its mission site to be known as
the "Friends Mission Reserve” at
Kotzebue, Noatak-Kobuk Pre
cinct, Territory of Alaika, and
within the Nome Land Office Dis
trict. and officially designated U.
S. Survey No. 2082, the exterior
boundar.es thereof being as foll
ows, magnetic declination 22 de
grees, 30 min. E.
Beginning at Cor. 1 whence U.
S. Location Monument No. 2082
bears N. 45 deg. 55 min. W., 8 94
chains: thence S. 44 deg. 05 min.
W., 4.00 chain? to Cor. 2; thence
S. 45 deg., 55 min. E., 29.46 chains
to Witness Corner, and .40 chains
further in the same direction to
Cor. 3: from Cor. 3 S. 67 deg. 48
min. W., 10.60 chains to Cor. 4;
thence N. 45 deg. 55 min. W., .30
chains to Witness Corner, and
25.30 chains further in the same
direction to Cor. 5; thence S. 44
deg. 65 min. W„ 13.30 chains to
Cor. 6: . mnee N. 45 deg. 55 min.
W., 8.94 chain- to Cor. 7; thence
N. 44 deg. 05 min. E., 12.92 chains
to Cor. 8; thence N. 45 deg. 55
min W., 6.00 chains to Cor. 9;
thence N. 43 deg. 09 min. E.. 14.12
chains to Cor. 10: thence N. 45
deg. 55 non. W„ 1.30 chains to
Witness Corner and .49 chains fur
ther in the same direction to Cor.
11: thence N. 55 deg. 35 min. E.,
3.29 chains to Cor. 12; thence S.
27 deg. 38 min. E., .68 chains to j
Witness Corn r and 1.31 chains
further in the same direction to
Cor. 13: thence S. 14 deg. 05 min.
W„ 2.60 chain; to Cor. 14; thence
S. 45 deg. 55 min. E., 2.25 chain.'
-o Co1'. 15: thence N. 44 deg. 05
min. E, 1.10 chains to Cor. 16:
he cc S. 45 deg. 55 min. E., .70
chain, to Cor. 17; thence S. 44
deg. 05 min. W., 1.10 chains to1
Co". 18: thence S. 45 deg. 55 min.
E.. 1.30 chains to said U. S. Loca
tion Monument No. 2082, and S.
45 deg. 55 min. E., 8.94 chain
further in the same direction to
Cor. 1, the place of beginning;:
the total area being 59.50 acres;
and excepting therefrom a tract
of 0.28 acres known as the “Ver- \
in n tract” for a description of
which commencing at Cor. 1 of
said “Vernon tract" from whence
aid U. S. Location Monument No.
2082 bears N. 55 deg. 54 min. E..
11.87 chains; thence S. 44 deg. 05
min. W., 2.00 chains to Cor. 2 of
said tract; thence N. 45 deg. 55
min. W., 1.40 chains to Cor. 3 of
said tract: thence N. 44 deg. 05!'
min. E., 2.00 chains to Cor. 4 of
said tract, thence S. 45 deg. 55
min. E., 1.40 chains to Cor. 1 or
the place of beginning on said
tract; leaving a net of 59.22 acres.
This mission site is on unsur- .
veyed ground and is within and
adjoining the town of Kotzebue.
Moatak-Kobuk Precinct, Terri
tory of Alaska.
U. S. Location Monument No.
2082 to which this site or reserve
is tied is situated in Latitude 66
deg. 53 min. N., Longitude 162
deg. 38 min. 30 sec. W., in the
said town of Kotzebue.
ALMER RYDEEN.
, Register
First Publication Jan. 14, 1936.
Last Publication March 16, 1936.
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