THE NOME DAILY NUGGET
GEO S. MAYNARD. Editor
RUSSELL G MAYNARD. Manager
Published every evening except Sunday by The Nome
Publishing Company, Nome, Alaska.
SUBSCRIPTION RATES
Delivered by carrier in Nome, Little Creek and Sunset
Creek, for $2.00 per month. By mail postage paid out
side of Nome and vicinity, $1.50 pe month.
Entered in the Post Office in Nome as 2nd Class Matter
MEMBER OF ASSOCIATED PRESS
Government Loan
Facilities Being
Brought Alaska
FIRST OF YEAR WILL SEE
NEW ENTERPRISE UNDER
ALASKA FED. CHARTER
Under Charter Number 1.306
granted by the Federal Home
Loan Bank Board, and the first
charter of the Alaska Federal
Savings and Loan Associations, a
group of thirty four Juneau busi.
ness men, representing all lines
of local commercial activity, will
soon put into operation in Jun
eau. the latest of the New Deal
systems for furthering home own
ership by United States citizens,
it was announced here, by Thos.
A. Morgan, chairman of the new
Association, according to a recent
December issue of the Juneau
Empire.
The act under which the Fed.
eral Savings and Loan Associa.
tions are now becoming increas
ingly important in the States, Mr.
Morgan said, is really an exten.
sion of the old Home Owners’
Loan Corporation and is intended
to make Federal Government
funds available for low cost, long
term mortages on small homes.
Under the Act, for every dollar
of funds raised locally by a mem.
ber association, the Secretary of
the Treasury subscribes three
dollars.
Local Subscribers to Meet
The thirty.four subscribers to
the local association will hold an
organization meeting, at which
time officers will be elected, an
office site selected, and all other
plans for the Association’s opera,
tion will be completed. Full de.
tails of the enterprise will be
made public following the organ
ization meeting, Mr. Morgan said.
Soon Ready for Business
It is expected that the local
•
agency will be ready by the first
of next year to commence handl.
ing FHA paper, making loans for
new construction and re.financ.
ing old lqans, up to $20,000 and
up to periods of twenty years, at
low interest rates. Mr. Morgan
added. Besides making loans,
the association will also be em_
powered to receive savings de_
posits, which will be protected by
Federal Deposit Insurance. All
activities of the association are
conducted under Federal Govern
ment supervision and with Gov.
ernment money. Although the
new association will receive sav.
ings deposits, the main purpose
will be that of making loans read
ily available in this community,
and eventually to all of Alaska,
Mr. Morgan said in conclusion.
Mr. Morgan further declared
that the purpose of the local busi
ness men in obtaining the charter
for Juneau, is to speed and facili.
tate obtaining government funds
for local home construction, by
doing away with the necessity of
loans going through Seattle or
Portland banks, as has been the
case with FHA loans obtained for
construction here. A local agency
authorized to dispense the home
loan funds will be able to do
away with much delay and red
tape in the granting and putting
through of such loans, through
the knowledge of local conditions
that it will have.
Harry Neibling
Returns by Plane
Harry Neibling was a return
ing passenger on one of the PAA
planes from the states where he
had been serving a sentence up.
on conviction in Nome last win.
ter for an assault with a danger
ous weapon upon the person of
Sammy Mogg, having been re.
leased on parole from the insti.
tution. ... v.— ~ ■ - — -
I
MiROW LOCKHEED VEGA PLANE
FASTEST THROUGH
SERVICE
TO SKAGWAY
We Will Make Your Reservations For
The Boat
FOR RATES AND INFORMATION CALL
MIROW AIR SERVICE
NOME, ALASKA.
CONTINUES IN LODGE TR A D1TION j
Thirty-four-year-old Henry Cabot Lodge, Jr., smiled happily at his Bos
ton home over his election to the United States senate where hie
famed grandfather sat. Equally delighted with hie victory were hla
wife (left) and hie mother, Mrs. George Cabot Lodge. A Republican,
Lodge defeated Gov. James M. Curley of Massachusetts by a wMs
margin, although Prealdent Roosevelt carried the state. (Associated
Presa Photo)
Nome Fair Asso.
To Give Fair In
April This Year
The Northwestern Alaska Fair
Association directors met last
night' at Polet’s Store to formu
late plans for the next Fair.
The board of directors is com
posed of L. E. Robinson, presi.
dent; Cliff Allyn, vice president;
A. Polet secretary; L.E. Rynning,
Geo. S. Maynard, Fred Tetuk,
and Thomas D. Jensen. Three of
the board being absent.
Due to the fact that Nome has
held no fairs since the fire of
1934, principally Because there
was no hall of sufficient size to
accommodate the Fair and its
many booths, the Directors clecid
ed last night to hold two fairs,
the first to be held on April 1, 2,
3, and the second in July, so as
to be worked in conjunction with
the arrival at Nome of the Alas,
ka Steamship Company’s Arctic
Cruise, which is planned for this
summer.
The Fair Association is in good
financial condition and with the
annual contribution from the ter.
ritorial appropriations, the suc
cess of the undertaking is assur.
ed.
An assistant to the secretary, A.
Polet, is to be appointed immed.
iately and preparation of the pre
mium book and other matters of
business will be carried forward
speedily, so that the outlying see.
tions will have an opportunity of
forwarding their display of ex_
hibits in time for the fair. It is
also arranged that KFQD radio
station at Anchorage will do
some broadcasting to outlying
sections information to the pub
lic.
Another meeting of the direc.
tors of the Fair has been called
I
for Sunday, Jan. 24, at 3 P.M. at
the Nugget Office when more de_
tails will be arranged.
Hans Mirow Is
To Nome Today
Pilot Manager Hans Mirow of
Mirow Air Service, hopped off t
from Fairbanks at noon today
with passengers and express for
Yukon river points. He will
spend the night at Koyukuk and
take off tomorrow morning for
Nome.
Pilot Whaley of the Mirow Air
Service is scheduled for a trip 1
to the Kougarok tomorrow with j
mail, passengers and express.
' \
SHIP YOUR
MINKS
EARLY
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—THIRD
ANNUAL
FAIR
WILL BE HELD IN NOME,
ALASKA APRIL 1, 2, 3, 1937
Send For Your Premium List And '
Reservation For Space For
Your Exhibit
• • s
NORTHWESTERN ALASKA
FAIR ASSOCIATION
A. POLET, Secretary.
PAA Activities
Following the long delay in
arrival of mail planes, caused by
an xetreme long run of bad weath
er, three Pacific Alaska Airways
planes arrived Nome today, all
carrying mail and express, and de
parted with mail on their return
trips to Fairbanks.
The first to arrive was pilot
Robbins flying a Pilgrim plane
arriving about 1 p.m. and was
immediately dispatched on its re_
turn flight with mail and ex_
press about 1:30 p.m. taking as
passengers Bob Lyle, Jack Gregg,
Bill Guysler and “Sapolio”.
The second Pilgrim plane was
piloted by Murray Stuart, arriv
ing about 2 p.m. and was dispatch
ed on its return trip at 2:30 with
Mr. and Mrs. J. D. Harlan and
Mrs. Hank Miller and three child
ren as passengers.
A1 Monson piloting a Fairchild
plane arrived here about about
4:30 p.m. with the latest mail
from Fairbanks and the outside.
He expected to get away immed.
iately on his return trip to Fair,
banks but at the time of going
to press it was uncertain as to
whether he would attempt it due
to darkness closing in.
Later—Pilot Monson took off
on his return trip, but darkness
forced him to return and he will
(Continued on Page Four)
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The States NOW Via
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By Radio-Equipped Lockheed Electras.
Two-way Radio—Always Within 100 Miles of
One of Our 11 Radio Stations
G. E. BASSETT, Nome Agent
OUR NEW STOCK OF
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LETTER HEADS AND
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NOW ON SALE AT"
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