BasEssses
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'5en. Bartlett last week joined
O'her Senators in co-sponsoring
i'Ms regarding taxes and veterans.
Under existing law, tax deduc
tions are provided for workers who
are contributing to their retire
ment funds pursuant to agreement
with their employers. One. of the
bdls would provide tax deductions
on a similar scale to taxpayers
having annuity, endowment, life
in surance co.nlraot or a combina
tion, other than 2 term insurance
contract.
ihe legislation introduced by
Sen. Sparkman, was submitted
m the belief that it would be of
C4 eat help to the self-employed
and to the employees of small
bf s; nesses which have no corpor
ate pension plans which would
qualify such employees to tax de
<tr :tions under existing law. The
bill includes any taxpayer who
has arranged for a voluntary re
tirement plan.
The second tax measure co-spon
sored by Sen. Baxtiett and intro
duced by Sen. Sparkman would
allow purchasers of used property
to compute depreciation fox' tax
purposes following methods pre
scribed by the 1954 Internal 'Code
for purchasers of new property.
The third measure co-sponsored
by Sen. Bartlett would give veter
ans of World War II tnd the
Korean conflict a “second chance”
to take out national service life
insurance’
Veterans who were once eligible
would be given one year in 'which
to apply.
Adm. Opposed To
Free Gold Market
The administration, speaking
through the Treosurery Depart
ment, has reaffimed its opposition
to the free marketing of gold o*r an
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mswer, cell 2504
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Try some for supper tonight!
NAUGHTON’S BAKERY
Open ©ay & Nite
Phone 2062
KOD3A C Oil SALES
UNION OIL PRODUCTS
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Unoba T5x Triton
Greases Motor Oils
UNION
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Marine Service Station
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PHONES
Dock & Plant 2411 Res. 3141
increase in the price of gold in
reporting on Senator Bartlett’s bill
to create a free makrket in the
United States for, newly mined
domestic gold and for imoprted
gold and to allow the exportation
o. such gold without restriction.
Although reporting on the terms
of that measure, the letter sent
to the Senate Banking and Cur
rency Committee by Acting Secre
tary of the Treasury Laurence B.
Robbins reflected also what the
administration’s attitude will be
on the measure introduced by
Senator Murray and co-sponsored
by Senator Bartlett and others to
raise the price of gold to $70 per
fine ounce for all gold domesti
cally mined and tendered to the
Treasury.
The free marketing bill “would,”
according to the treasury letter
“involve a second, unofficial price
for gold which would fluctuate at
variance from the offioial price
depending upon the demand for
a relatively small amount of new
gold production . . . Foreign
countries have also come to rely
on the dollar as a strong and se
cure currency firmly fixed hi varue
in terms- of gold.
“Our goals of economi c stability
and sound money require a con
tinuation of .. our policy of main
taining the price oi gold at $35 per
ounce. Accordingly, the Treasury
Department is opposed to the en
actment of legislation which would
Dave the effect of creating variable
prices for gold in terms of the
dollar in domestic and foreign mar
kets. We believe that the. adoption
of any such proposals would tend
to undermine confidence in the
currency and thus would be a
step away from tire sound riione
*, tary policy.”/
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As of'December 31, 1958, the
government was holding gold in the
total amount ol $20,534,298,622, the
major portion of about $12 :l/2
biiiion being at Fort Knox with
the rest divided among the mints at
Denver, Philadelphia and San Fran
cisco and the New York Assay of
f ice.During the 1957 calendar year,
gold in the value of $62,776,000 was
mined in the States, including
$7,541,345 in Alasa,k and the pre
liminary 1958 estimates place the
total production at $60,772,320 with
the Alaska portion totalling an esti
mated $7,525,000.
Evangelist Here
To Held Services
t
Rev. Don E. White of Anchorage,
will begin evangelistic services
tomorrow, March 1, at the Kodiak
Christian Center.
A native of Colorado, Mr. White
has been in Alaska the past three
years as director of Alaska Ad
vance Missions. During this time
he has travelled over much of
Alaska by car and plane with his
associate, Rev. Ralph Barns, who
will serve as music director for the
special services at the Christian
Center.
Mr. White was here in 1949 as
a Marine, for cold weather Maneu
vers. Following his discharge, he
entered San Diego State College,
and completed his college training
at Texas Christian University.
Rev. White’s Sunday morning
message will be “Deny Self or Fol
low Christ.” At the evening ser
vices he will show some colored
slides of his iOOO trip" down1
the Yukon? *t*eak*ra
the subject “Kodiak’s Tower of
Babel.” 1
Special services ^ill be held
each night next week beginning
at 7:30.
New Goal Set For
Center Meetings
•
The “show your Faith” emphasis
in the Sunday.School of the Kodiak
Christian Center will continue this
Sunday with another attendance
goal. This time it has been in
creased nearly 10 per cent and now
stands at 119, according to the
pastor, Rev. Leonard Wilkinson.
Anticipation became reality last
Sunday when 111 people turned
out for Sunday School at the Ko
diak Christian Center. The previ
ously set goal of 110 was exceeded
by one person, the largest ever
recorded at the Center. :
Six of the nine classes reached
their share of the goal with four
classes exceeding their goals. The
contest will end March 15. This
will be the Show Your Faith Sun
day with a special program for all
who attend.
SEEKS APPLICANTS
FOR ALASKA JOBS
Positions for a soil conservation
ist/ soil scientist and engineer
(civil, agricultural) are now open
and applicants are being sought by
the branch office of the Eleventh
U. S. Civil Service Region at An
chorage, Alaska.
Salaries in the first two posi
tions range from $4,040 to $4,980
a year and $4,480 to $5,430 a year
in the latter. In addition, there is a
25 per cent cost of living allow
ance for employment in Alaska.
Examinations will be open for
receipt of applications until fur
ther notice.
For the Best in
Radio, TV & Appliance Repair
Call 4922
Licensed Technicians
s
[■■■■■■■•.
I
“Colonic irrigation enables mechanical stimulation of the
lower intestinal tract and combatting colonic stasis by occasional
thorough flushing and evacuation. Some clinicians consider "the
intestinal tract a major secondary focus of infection.
The principle of measured suction and pressure embodied in
modern colonic treatment apparatus has made these particularly
‘ efficient and s#fe. The indications for colonic irrigation are:
*
Impactions and threatened obstructions of the large bowel;
acute or chronic toxemia, from absorption of putrefactive sub
stances; from decomposition of retained material and to remove
hardened feces and gas.”
%
Quoted from Dr. Kovacs in ‘Electrotherapy and Light therapy/
Dorothy Albrecht
Phorse 2904
. I
Mecca Bar
& Lounge
Best drinks in town
For dinner or that late snaek
go to the
Mecca “49” Room
For reservations -
Dial 3242 or 2444
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