THE FRONTIERSMAN
Entered as second class matter on Oct 21. 1947. at the post office
at Palmer, Ala.ka. under the Act of March 3. 1879
T. 0 SCHMIDTKE
Publisher
S,U5SCRIPTION RATES: J6 a year in Matanuska Valley Area
Mailed to all point* in Alaska and the United States $7.00 per year
National Advertising Rep— WEEKLY NEWSPAPER REPRESENTATIVES
404 Fifth Avenue, New York 16. New York
CRISIS!
By Senator Harry Flood Byrd, Virginia
It was with a good deal of reluctance and, I will
say, a good deal of sadness that, as chairman of the
Senate Committee on Finance, I was compelled to ask for
an increase in the Federal debt limit from $298 to $300
billion. I did so because I was told that unless the debt
limit was increased, our Government could not pay its
current bills.
I do not recall in my long service on the Senate Com
mittee on Finance that there ever before arose such a
condition as was presented to us.
It had to be recognized that the failure of this Gov
ernment to pay its bills would create chaos at home and
abroad in the free world.
Such a situation could not be permitted to occur.
Under circustances which had been allowed to de
velop, we were virtually forced to go more deeply info
•debt to pay running expenses continually coming due in
excess of revenue income.
Federal financial crises such as this are recurring
with increasing frequency. Enactment of the bill raised
the limit on the Federal debt $7 billion in 8 months.
A year ago the debt limit was $293 billion. In June,
1961, at the request of the administration, the debt limit
was raised to $298 billion. Now, at the request of the
administration, it has been raised to $300 billion.
Treasury figures relating to the recent $2 billion
debt increase show deterioration in the fiscal situation
has been precipitous since the June request to raise the
debt limit to $298 billion.
Unnecessary spending is increasing. Nonmilitary
Federal expenditures in the first 7 months this year,
through Januray, 1962, ran 10 per cent higher than dur
ing the same period last year.
Total Federal expenditures in the July-January
period were $3.9 billion higher than last year; non military
expenditures increased $2.4 billion, and military expen
ditures increased $1 5 billion.
We have been the policeman, the banker, and the
Santa Ciaus for the free world more than 15 years. Recent
figures showed U S. fo-eign aid has totaled more than
$100 billion, and it is continuing.
Meanwhile we are faced with a menacing deficit
n the balance of international payments between the
United States and nations we have assisted. It has run as
high as $4 billion a year.
This situation, in combination with domestic deficits
which threaten or cause inflation, has resulted in a drain
on our go d supply. We have lost 30 per cent of our gold j
in relatively few years. I emphasize: We have lost 30 per
cent of our gold reserves. j
We are already laboring under a terrible tax burden. \
)t is confiscatory in some areas. Deficits are continuing,
and the debt is at a peak never reached even for 4 years
of global shooting war.
In addition to $300 billion in direct debt, we have
assmued contingent liabilities at home and abroad
. amounting to untold billions more.
.Now we propose to underwrite the debts of the
Jnited Nations.
Before July, 1962, the administration is going to
ask that the debt limit be raised again by $8 billion,
lifting the limit by $15 billion in a year. As the situation
'Viands now, this will be the year of the highest revenue
and the highest debt in history.
It is clear that continually raising the statutory limit
on the Federal debt is only temporizing with dangerous
-deterioration in the Government's basic fiscal condition.
As chairman of the Finance Committee — and I
hope I shall be joined by other Senators — I shall oppose
to the utmost of my capacity raising the debt limit an
additional $8 billion, to $308 billion for the next fiscal
year when the administration says there will be a
balanced budget.
A thorough examination of the financial position
-of the United States should and will be made by the
Senate Committee on Finance before the next request
?o raise the limit on the Federal debt is granted.
Work on the examination has started. The Govern
ment's obligations are huge, complex, and world-wide.
The study will be exhaustive. It is concerned with hard
facts as distinguished from fiscal fantasy.
As a starting fact — regardless of how important the
justifications were — there have been 24 Federal deficits
»n the past 30 years. The deficit last fiscal year was $3.9
billion. This year, ending June 30, 1962, it will be $7
billion to $10 billion, to make it a total of $11 billion
to $14 billion for the 2 years. It is my frank and consid
ered opinion that there will not be a balanced budget
next year. I would be willing to venture, as strongly
os I can, the prediction that there will be a very substantial
deficit unless something is done to stop unnecessary
spending in the fiscal year beginning on the first of
July, 1962.
Is it possible for us to destroy ourselves from within?
Every American should ask himself that question.
Nothing could serve Khruschev better. Survival of
tree nations, including our own, depends on the financial
soundness of this Government.
Neither our form of government nor our system of
enterprise can survive insolvency. All of us know that we
cannot continue much longer to spend and spend, and
tax and tax, and borrow and borrow.
Nothing now before Congress or any other branch
of Government is more important than protection of the
nation's fiscal structure. It is being examined. Mean
while further impairment should be stopped.
Eagle River School Bids Open June 28
Bids will be opened in his of
fice June 28 for the construc
tion of an eight-classroom addi
tion to the Eagle River school,
Richard A Downing, Commis
sioner of the Alaska Depart
ment of Public Works, said on
June 1.
Specifications call for the
construction of a one-story con
crete block and frame addition
to the existing school. The addi
tion is to include eight class
rooms, library, lavatory, jani
tor room, store rooms, dressing
rooms, shower rooms and site
improvements.
gACALENDAR OF
I Fact andT
By a curious coincidence.
Citizens Public Expenditure
Survey reports, last April 16,
the deadline for paying feder
al income taxes, also was Tax
Freedom Day. Up to that day,
the typical citizen had been
working to support government
—federal, state, and national.
Taxes now add up to 29.1 per
cent of the net national pro
duct. which is the total earn
ings of all businesses and in
dividuals in the country.
* * *
Secretary of Commerce Hod
ges has applauded the railroads
for their action in renducing
rates for visitors from abroad
in support of the efforts of the
new U. S. Travel Service. Un
der the arrangement, all pas
senger-carrying railroads in
the United States and Canada
will reduce inland proportional
fares for passengers arriving
from overseas, effective May 1.
Reductions will amount to 15
per cent in coach-class fares
from all ports to any interior
point and return to the same or
a different port.
Ralph T. Moore writes, in the
Oregon Voter: “There has been
much of pious pronouncement
and noble platitude but iittle of
real accomplishment in coping
with our unemployment pro
blem to date. This writer is
convinced that this is because
we are going at it from the
wrong end by using govern
ment when we should be using
American industry itself. We
give exclusive attention to the
drum-majorettes who lead the
cheering when we should be
developing the team that has
to play the game, and upon
whom the winning or losing
exclusively depends. Our na
tion's growth has been best and
strongest during periods of
least governmental interference
with business. Yet now we are
staking our chances on the very
government intervention that
so hampered us at times in the
past.”
Modest reductions in the
cost of dairy products are an
ticipated. Reason is a cut in
federal price supports to the
minimum legal level.
y-***tt*tt*-#*-************-;
ULUrll DfYU
IN THE
VAun
Thursday, June 12, 1952
Plans for construction of two
schools in the Palmer School
District took a huge step for
ward last week when the
School Board purchased from
the ARRC a site for the new
high school and declared defin
itely to locate the new elemen
tary school on the recently
purchased A. J. Swanson land
in North Palmer.
* * *
Palmer's luck ran down the
drain with all the bids re
ceived for construction of its
new water supply and distri
bution system Tuesday as the
Alaska Public Works in
Juneau rejected all bids, in
cluding the very favorable
low bid of S352.147 from the
Johnson Construction Co. of
Anchorage.
* * *
The Palmer Independent
School District Board at its
regular meeting last week ad
opted a budget for the 1952-53
school year amounting to a to
tal of §486.894.12. representing
an increase of $294,784.92.
* * *
Two forest fires, both believ
ed caused by stump-row burn
ing without proper care, kept
nearly 70 men. four dozers and
a Division of Forestry airplane
busy for several hours before
the fires were brought under
control.
* * *
A $17,500 budget was set
up by the r air Eoard for the
12th annual Matanuska Fair
at the meeting held in tha Co
Op Club Room.
The City Council will take
ST. JOHN
LUTHERAN
CHURCH
Rev. R. H. Fritz,
Palmer, Alaska
Divine Services
Sunday School 9:45 A.M.
•*********************->£
WV * -*■
says it's the head of a guy who told him not to see
Wright travel service!
WRIGHT
TRAVEL AGENCY
PI 5-4500 -
Wright Building
PI 5-4515
Palmer
>1
Ji
i <
j '•
i i
> i
j '
J S
X \
J\
JI
jy
> •
j k
> •
j'
Mickey the Mechanic sez:
PUT YtUR CAR
IN TUNE’ FOR
BETTER DRIVING
Drive in and let us
check those brakes
for you. Our experts
will do the job right
. . . fast!
up two important problems at
its regular session next week
in the Co-Op club room. One
of these concerns the continued
operation of the Matanuska
Telephone Co.; the other, a de
cision regarding the office of
City Clerk.
* * *
Like any proud father. Bob
Peterson was passing out cigars
last weekend to celebrate the
arrival of four boys and two
girls, canine offspring of the
Peterson's black cocker, Smok
ey.
The Palmer Library Asso
ciation extends its appreciation
to Bertram Curry, local paint
ing contractor, for contributing
his time to the painting of the
library building and to the
MVFCA for furnishing the
paint.
With a few bills still not re
ceived. Bill Head released this
week a partial financial report
on the three-day Settlers' Cele
bration sponsored by the Mat
anuska Valley Chamber of
Commerce. The statement
showed total funds on hand
of $370.68, $325.68 which repre
sented a reductible profit from
this year's celebration.
Politicians find two sides to
every question—and a fence.
■. .v. x-. -x- -x- * # -x- ->:• -x- * -x- * * * # * -:;s
| Wasiila |
1 Assembly c! Gad |
Rev Paul E. Riley,
Pastor *
| Sun. School 10 a.m.|
ij; Morn. Church Serv. 11 a.m.|
*Even. Serv. 7:30 p.m.*
:j-. Prayer and Bible
;l; Study, Wednesday 7:30
% Phone FR-B-3181
%*****-X--X-**********#**v
CLASSMATES WED IN JUNE I RITES
Miss Cheryl Ann Leek, dau
ghter of Mr. and Mrs. Lester
J. Leek of Palmer, and David
DeVries, son of Mr. and Mrs.
John DeVries of Palmer, were
married June 1 in evening rites
at the Church of Christ. The
Reverend Floyd Haddenham
performed the ceremony.
The bride, who was given in
marriage by her father, wore a
pink cotton summer dress with
white lace trim and a pink
shoulder-length veil. The bri
Claims Hearings
June 11-16
JUNEAU — Labor Commis
sioner Gil Johnson announced
this week that hearings on dis
puted claims will be heard by
the Alaska Workmen’s Com
pensation Board in Anchorage
and Fairbanks next month.
The hearings are scheduled
for Anchorage at the Loussac
Library for June 11-16. The
Fairbanks hearings will be
held in Carpenter’s Hall on
June 18-19.
Commissioner Johnson said
interested parties had until
May 28 to file for hearings be
fore the board in Anchorage
and until May 30 for cases to
be heard in Fairbanks.
Hearings in Southeastern Al
aska are set for July 9-10 at
Juneau and July 12-13 at Ket
chikan.
dal bouquet was of pink and
white carnations. Her only at
tendant. Judy Jacobson, wore
green cotton and carried white
carnations. Mrs. Jerry Hoskin
son (Cathy Jacobson) presided
over the guest book.
The groom’s best man was
Michael Leek. Ushers were
Noel Kopperud and Ray Guf
fey.
Music was provided by Mrs.
Haddenham and by Linda
Cope, who sang “I Love You
Truly” and “O Promise Me”.
A reception was held follow
ing the ceremony in the bride s
home.
The young couple, who are
both 1962 graduates of Palmer
High School, plan to manage
the Pioneer Motel during the
summer months. The groom is
an employee at the Alaska
Agricultural Experiment Sta
tion in Palmer.
<
COMING SOON!
CHRIST
CENTERED PREACHING
Wasilla Church cf Christ
June 17 to June 29
8:03 P.M.
<«■** «» ^ *$*1
THE CHURCH FOR ALL . . .
ALL FOR THE CHURCH
The Church is the greatest factor
on earth for the building of char
acter and good citizenship. It is a
storehouse of spiritual values. ^ ith
out a strong Church, neither de
mocracy nor civilization can sur
vive. There are four sound reasons
why every person should attend
services regularly and support the
Church. They are: (1) For his
own sake. (2) For his children’s
sake. (3) For the sake of his com
munity and nation. (4) For the
sake of the Church itself, whicH
needs his moral and material sup
port. Plan to go to church regu
larly and read your Bible daily.
Lonely, gnarled, and neglected, but a thing of
beauty, isn’t it?
We know that trees are functional, that is, they
hold the soil, the good earth, the rain. But more than
that, each tree, in loneliness or forest, sings out the
praises of its Creator, God.
Much more so, does man reflect the glory and
image of God. He too then, must sing out the praise
and honor to God, his Creator. There is a place for
t .at worship and honor; it is your church. Whether
1 nely, solitai-y, or in crowds, He awaits you ... to
hear and to answer.
Day Boole Chapter Verses
Sunday Psalms 8 1-9
Monday Psalms 1 1-6
Tuesday John 15 1-8
Wednesday John 15 12-17
Thursday Luke 8 4-15
Friday Romans 12 9-19
Saturday John 4 19-24
Copyright 1962, Keister Advertising Service, Inc., Strasburg, Va.
The Following Business Establishments Are Contributing This Series of Advertisements
the Churches of Matanuska Valley
THE FRONTIERSMAN
EVAN JONES COAL CO.
A LOCAL CITIZEN
MATANUSKA TELEPHONE ASSN.
MATANUSKA VALLEY BANK