the Q?fUnkaL oM&t fltisWis tfUand
Published every Friday at Kodiak, Alaska
Yearly Subscription Rato $7.00
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Send notices of undeliverable copies to:
THE ISLAND PUBLISHING COMPANY
Box 1307. Kodiak. Alaska
Sig J. Digree, Editor and Publisher
Betha Digree, Associate Editor
Staff Photographer.George C. Ameigh. Jr.
Mechanical Department.John Salmine and Larry Loomis
MEMBER OF ASSOCIATED PRESS
The Associated Press is exclusively entitled to the use or republics
tion of all news dispatches credited to it or not otherwise credited hi
this paper and also the local news published herein.
A Look To The Future
By IVOR SCHOTT
Superintendent of Schools
With the advent of statehood, the
public schools of Alaska are enter
ing a new era. The challenge of
providing quality education for
boys and girls, the rising costs of
education and the increasing en
rollments are all familiar prob
lems. To meet the challenge and to
provide the best approach to the
problems of education a complete
reorganization of the State Educa
tional system is needed. A start has
been made by the State Depart
ment of Education which has re
leased the report of a survey study
of Alaska’s educational system and
recommendations for establishing
a foundation program for educat
ion in Alaska.
This survey report recommends
legislative acts to create new school
districts, to define the powers and
duftigs of local school boards, to
provide for an orderly transition
from the old to the new district
organization, and to equalize the
opportunity for and cost of sup
porting quality education. Every
school paitron should become fa
miliar with the recommendations
of this foundation study report.
The study group, headed by Dr.
Lindman of the University of Cali
fornia ait Los Angeles and the Edu
cational advisory Council, which
was made up of Alaska citizens,
both strongly recommend a bona
fide State Board of Education,
local school boards of five members
with authority over fiscal and edu
cational matters in the district, a
local 4-mill tax rate with State par
ticipation adequate to support a
minimum educational program,
and all other laws necessary to
carry out the Constitutional man
date that providing public schools
for all the people of the state is a
State rather than a local obligation.
Parent Teacher Association
groups and the Kodiak Education
Association members will have an
opportunity to study this excellent
report on Alaska Schools and its
recommendations for equalizing
the cost of and opportunity for
quality education in Alaska.
Reflections
(continued from page 1)
If he only knew it the chest of
the famous Kodiak Bear would be
way out. for he has been chosen as
the mascot of the new Chinook
Junior High School in Bellevue,
Washington. The school was dedi
cated Oct. 25, 1961.
D. E. Farley of Northern Electric
Co.. Inc., a visitor to Kodiak several
months ago. wrote about it and said
in part: ‘‘Don't know if copies of
the Kodiak Mirror and photos of
Kodiak bears that I have given to
my younger son who attends Chi
nook, bad anything to do with the
choice of mascot or not.”
* * •
J. Edgar Hoover, Director of the
FBI, had this to say in his Nov.
letter to all law enforcement
agents: “Law enforcement and
journalism are locked arm in arm
by mutual obligation to improve
society and protect the dignity and
security of community and Nation.”
In conclusion he said: "The key
to meaningful cooperation between
law enforcement and the news
media i3 intelligent understanding
of the role and procedures of both
Visit Your Schools During
AMERICAN EDUCATION WEEK
November 6-11, 1961
Education is our business and yours.
Good schools mean higher incomes,
Greater purchasing power,
Better citizens, stronger community,
Stronger State, stronger Nation
KODIAK BRANCH
NATIONAL BANK
OF ALASKA
F*d«ral Deposit intvronc* Corp.
cud F»d«fol (Mint Sytitm %
professions. Not only should the
enforcement executive recognize
and appreciate the right of the pub
lic to be informed of police activi
ties, but he should consider it his
duty to assure that legitimate news
men receive full and wholehearted
assistance from every level of his
department.”
• • •
Application of this principle,
both ways, is necessary. We in our
turn recognize a duty to perform,
and gladly cooperate. Although
Hoover’s words are more applica
ble in larger communities where
crime is more rampant, crime of
whatever nature should not be hid
den even here.
* * *
A group of people have incorpor
ated, calling themselves SIXTY
NOW, and seek to amend Social
Security to permit retirement at
60, with benefits of $200 a month,
plus $100 for each dependent of
any age.
Advocates argue that at such a
benefit level, at least five million
working Americans would prompt
ly retire, and that much or all of
this retirement would result in im
mediate job openings for the six
or seven millions who are unem
ployed or only partially employed.
They see their plan as a “shot in
the arm’’ for the economy, with
millions retired on a spendable in
come, millions employed at full
wages to replace them, and the
market enlarged as a consequence.
■ « » '«
With present trends such as they
are, this plan has a chance of suc
ceeding to gain national accept
ance. It’s an improvement over the
old Townsend plan, and as a plan
just might succeed. However, we
wouldn’t want to voice an opinion
without further study. If you’re in
terested, write SIXTY NOW IN
CORPORATED, 2107 Ashland Ave.,
Toledo 2, Ohio, for more details.
♦ * *
“I am an old man and have
known a great many troubles, but
most of them never happened.” —
Mark Twain.
* * *
A man who has two wives to sup
port may not be married to both.
It may be that his son got married.
A spanking is administered at
one end fo impress the other.
♦ * *
Wish I’d said that department:
"The smart wife with plenty of
horse sense never becomes a nag.”
—W. Haivey Hurt, Waynesboro
(Miss) Wayne County News.
* * *
"Isn't a jury a group of people
who couldn’t exert enough influ
ence to be excused?” Gerald K.
Young.
Four Killed In
Adak Plane Crash
Four men were killed and five
survived in a crash of a twin-en
gined Navy plane in a lake on Adak
in the Aleutian Chain on Friday,
Oct. 27.
The UF2 amphibian went down
while making an aerial survey Fri
day of Andrew Lake four miles
north of the Naval Station at Adak.
The forward and after sections
have been located, and the search
has been continuing all week for
the bodies of the missing men.
High winds and snow has hamp
ered efforts of SCUBA divers who
had first located the forward sec
tion and then the latter.
Cause of the accident has not
as yet been determined.
An Alaska Department of Fish
and Game employee was among the
missing. Another Department em
ployee and a U. S. Fish and WTild
life man who were aboard were
among the survivors. Missing are:
Navy Airman John Leroy Web
ster, 21. Louisville. Ky.; Navy Air
man Helma Hoey Gray, 20, Jeffer
son City, Tenn.; Hospitalman 1C.
Donald Eugene Paul, 29, Beatrice,
Neb., and Doyle Cisney of Peters
burg, Alaska, an employe of the
Alaska Department of Fish and
Game.
STAFF PHOTO
The photograph of the new
school in the American Education
Week spread was by George
Ameigh, staff Photographer for the
Kodiak Mirror.
The Business Mans
Corner
By EUGENE ANTHONY
Management of the business unit
engages in activities to the produc
tion of profits. Recognition of the
progress made cannot be delayed
until the end of business at some
future date but must be a continu
ing process. Accordingly, the life
of the business unit is broken up
into arbitrary segments, and peri
odic statements of progress are pro
vided. The preparation of state
ments within a business continuity
may be no simple matter and norm
ally involves both estimates and
the exercise of judgement. Such
statements must be recognized as
no more than tentative reports or
‘'test readings,” since .the full story
is yet to be told and the future may
modify the inferences made in the
periodic analyses.
The INCOME STATEMENT
summarizes revenues and expenses
of the period and reports the profit
or loss resulting from the “match
ing process”. This statement thus
explains the financial progress of
the business and accounts for the
net assets and proprietorship.
The importance of the income
statement showing income meas
urement cannot be overempha
sized. Reference is made to this
statement in judging business pro
gress for a period. Also, arriving
at the value of the property owned
by a business, for it is earnings that
validate asset values. Owners, both
present and prospective, reach
estimates of business worth
through analyses of earnings and
earning potential. This statement is
also a complement to the balance
sheet in the measurement of busi
ness worth.
In applying for a performance
bond or a loan, the income state
ment is all important to the re
viewer. Some bonds or loans are
denied even though the value of
the assets may exceed the amount
of the bond or loan. This is not an
arbitrary deniaJ, but upon review
of the income statement, it is
shown in these instances that man
agement cannot perform nor is its’
earning capacity sufficient to repay
the loan within the period speci
fied. The banker is not interested
in selling your assets to satisfy a
loan. He is interested in keeping
you in business and it is high time
for management to closely review
this statement to improve opera
tions.
More about the income statement
next week.
The man who hesitates some
times profits by another’s mistakes.
SUNDAY SPECIALS
Blueberry Pie....6O0Ea
Cream Puffs.150
NAUGHTON’S BAKERY
Open Day & Nite
Phone 486—2600
For Elks
Friends
of Elks
*
-
C. P. Dance
Saturday Night
— Featuring —
Live Music
“Dance with your friends for a good cause”
ELKS HALL
Donation: $1.00
Elks, bring your friends. Swell the C.P. Fund