Published every Saturday at Kodiak, Alaska
Yearly Subscription Rate $6.00
ldSS mail privileges authorized at Kodiak, Alaska
Send notices of undeliverable copies to:
THE ISLAND PUBLISHING COMPANY
Box 1307, Kodiak, Alaska
Sig J. Digree, Editor and Publisher
' * Betha Digree, Executive Secretary
MEMBER OF ASSOCIATED PRESS
The Associated Press is exclusively entitled to the use or republica
tion of all news dispatches credited to it or not otherwise credited in
this paper and also the local news published herein.
Are We Really Protecting Our Youth?
The rash of shooting incidents which has occurred of late, result
ing in damage to public property, may be linked to a seemingly far
removed fact—that of a law that says youths under 18 can’t work
an certain types of jobs.
There has been instance after instance that has come to the at
tention of the writer of young fellows sturdily built and willing, yes,
eager to work who were denied the privilege, simply because the
law states that they cannot work on construction jobs because the
jobs are considered “hazardous”’—for youths under 18 years of age.
That’s a lot of poppycock! Hazardous,
in some cases, sure. But how are these
kids going to grow up if they are going
to be protected from hazards all their
lives!
These-same youths who cannot work on construction, because
the law says it’s hazardous, work at longshoring—one of the most
hazardous jobs in the country. Make no mistake about it—we’re not
opposed to them working at longshoring. We’re opposed to them
being denied a chance to work at whatever job is at hand. In many
distances it will make the difference as to whether a youth will con
tinue his education after leaving high school. Education, especially
higher education, costs money—plenty. Denied the right to work
at a job that’s available and make the most money, the boy may
take one that is “safe.” He may become a clerk, a farm hand, a me
chanic’s helper or accept anyone of a dozen jobs that are “safe” and
there remain for the rest of his days.
He may on the other hand, as many of the boys are doing today,
join a group who, for want of better things to do, go on “beer busts”
to wile away the time, which wind up in irresponsible acts, such as
the present shootings, and other acts of vandalism.
We may be protecting our youth from hazardous working con
ditions, but are we really protecting them? Idleness can be the
worst kind of a hazard. We contend: “Let them live dangerously!”
In this category comes work and play. If they survive, they will b£
tbs better citizens later.
Statehood and the Rumor Mongers
By JULES RADINSKY
Alaska’s ascendency to the sta
tus of the 49th State of the Un
ion must be ratified by referen
dum prior to Decerr’>*»*• #>r 1958.
This is the opportunity true
Alaskan has been waiting for,
self-government, full rights and
privileges under this great dem
ocracy of ours. True Alaskans are
not necessarily those who have
been here the longest or who
claim Alaska as their place ol
birth, but those voting citizens
who unselfishly yearned and work
ed so that this vast potential of
natural resources, greater by far
than any of the other 48 states in
the Union, could one day take its
rightful place in the sun.
Many claim to be true Alaskans
yet resent the progressive move
to statehood for selfish reasons—
the day of measuring success by
being one of the fortunate few
•#ho grabbed the unchecked “ti
ger by3 the tail” is gone. Sincerity
of service to the people in com
petitive venture will be the mea
suring device. Absorbent profits
which in the past have made fam
ily life so costly that the hardiest
of pioneers have been discourag
ed from settling in Alaska will
disappear.
The selfish individuals will not
give up easily. They will attempt
to gain their end by planting the
seeds of suspicion in the minds
of our people with the following:
We are inadequate—We are not
ready—The cost will be unbear
able—The military will lose their
overseas allowances—The Civil
Service personnel will lose their
cost of living allowances and the
people as a whole will lose every
thing. The Defense department
has already branded most of these
as false rumors by denying them
in publication.
The citizens of Alaska are no
longer in a state of apathy and
naivety; they know that with
statehood comes autonomy, right
of the self-governed to decry any
injustice and back their voice
with the power of two senators
and a congressman who will be
working to fulfill the will and
needs of the constituents.
No, don’t let the diehards mis
lead you about statehood. Your
jobs, your homes, your family life
will be all the more secure be
cause now, with full rights and
privileges, you will dictate the
policy under which this great
state will operate. Your voice will
be heard and obeyed at the ballot
box.
Stand up and be counted as a
citizen of the greatest democracy
in the world for democracy has
come to Alaska.
Here There Everywhere
Respect for Your Flag
RESPECT THE FLAG—It’s the
one you live under. These have
been instances here in Kodiak
where a flag has been displayed
for a national holiday, and left
flying for several days at a time.
This is contrary to correct usage.
There are only four places in
America over which the flag of
the United States flies officially
night and day continuously and
Kodiak is not one of them. Anoth
er point that might be brought
out: The flag should not be dis
played on days when the weather
is inclement. During the
flag raising ceremonies Saturday,
several eager beavers were seen
(and heard) nailing up the sides
of a booth on the school grounds.
’Nuff said.
Editor with an Obsession
Time magazine in an article
this week calls Fairbanks News
Miner publisher C. W. (Bill) Shed
den’s obsession “magnificent” and
goes on to relate his efforts in be
half of statehood for Alaska. Sned
den, in Washington during debate
and roll call vote, hooked up long
distance with his editor in Fair
banks 3,300 miles away, and after
ticking off a twenty-minute phone
bill, gave him first hand the news
of the history-making event.
The editor and the publisher of
the two leading dailies in Alaska
must receive the plaudits and de
served credit of all Alaskans for
their part in achieving statehood
for Alaska. They are Robert B.
Atwood, chairman of the state
hood committee, and editor-pub
lisher of the Anchorage Times,
and Snedden. Atwood worked less
spectacularly than Snedden, * but
effectively and continuously. '
Snedden’s remark after the
phone call, is typical of him. He
said: “It was probably the hap
piest money I’ve ever wasted in
my life.” He sums up his fight
for statehood with these words:
“You start off with something as
a hobby. Pretty soon it’s an avo
cation. And then it’s an obses
sion.” This from a man who in
1950 was against statehood.
It was in 1950 that Snedden
purchased the sick News-Miner
from “Cap” Lathrop, sent for his
wife and son, and settled down in
Fairbanks. He bought an expen
sive, highly modem press capable
of handling, a press run of 200,
000, even though his circulation
didn't justify it (present circula
tion is only 9,405). Time rates his
paper as turning out “some of the^
handsomest newspaper color work
in the nation.”
Much more could be said of
Snedden, but we close with just
one comment. It is men like him,
willing and able to spend money,
and boost Alaska for all its worth,
and work with a little touch of
that same “obsession” that will
make Alaska a state to be proud
of, and guarantee its future.
Kodiak Represented
Kodiak was there during the roll
call vote, too, in the person of
Jack Hinckel, Constitutional Con
vention delegate. He and his wife,
Justine, are vacationing in the
States, and Jack “was there."
Echoes of Christmas
(Continued on Page 7)
INSURANCE
Auto Fire Liability
Marine Life
— Qualified Counsel —
Experienced Agency
Reliable Companies
3401 Art Brooks 2561
Kodiak Insurance & Bldg. Corp.
(OFFICIAL PUBLICATION)
Report of the Financial Condition -
OF
The Bank of Kodiak, located at Kodiak, Alaska, Territory of Alaska, at the close of business on the
23rd day of June, 1958.
ASSETS
Cash, balances with other banks, including reserve balances, and
' cash items in process of collection (Schedule D, item 8) .... $ 650,933.87
United States Government obligations, direct and guaranteed (Schedule B, item 10) 1,441,455.59
Obligations of States, Territories and political subdivisions . .. 614,047.18
Other bonds, notes, and debentures (Attach full schedule) ........ 1,050,275.43
Loans and discounts, (including $21.23 overdrafts) (Schedule A, ifem 12) . 1,203,838.08
Bank premises owned, None, furniture and fixtures $18,287.88 ...... 18,287.88
Investments and other assets indirectly
representing bank premises or other real estate .. 80,000.00
Other assets (Schedule H, item 6) .,. 2,814.61
TOTAL ASSETS ..... $5,061,652.64
LIABILITIES
Demand deposits of individuals, partnerships, and corporations (Schedule E, item 1) $1,535,777.50
Time deposits of individuals, partnerships, and corporations (Schedule F, item 1) .. 1,322,519.03
Deposits of United States Government (including postal savings)
(Schedule E, item 2, and Schedule F, item 2) . 854,492,57
Deposits of States, Territories and political subdivisions
(Schedule E, item 3, and Schedule F, item 3) . 876,278.24
Deposits of banks (Schedule E, items 4 and 5, and Schedule F, items 4 and 5) .. 1,060.00
Other Deposits (certified and officers’ checks, etc.) (Schedule E„ item 6) . 7,611.43
TOTAL DEPOSITS (items 13 to 18, inclusive) $4,597,738.77 (Am’t not to be extended)
Other liabilities (Schedule 1, item 6) . 5,256.39
TOTAL LIABILITIES (not including subordinated obligations shown below) _ $4,602,995.16
CAPITAL ACCOUNTS
Capital Stock (No. of shares 1,600) (Total par value $160,000.00) . $ 160,000.00
Surplus . 160,000.00
Undivided profits . 138,657.48
TOTAL CAPITAL ACCOUNTS .. 458,657.48
TOTAL LIABILITIES AND CAPITAL ACCOUNTS . $5,061,652.64
I, 0. A. Torgerson, President of the above named bank, do solemnly swear that the above state
ment is true to the best of my knowledge and belief.
CORRECT—ATTEST:
O. A. Torgerson
President
A. Holmes Johnson
R. S. Acheson
A1 Hochberger
Directors
Place for Official Seal to be
affixed by Officer before
acknowledgement.
Notary must not be an offi
cer or director of the
bank.
UNITED STATES OF AMERICA, TERRITORY OF ALASKA) ss.
Sworn to and subscribed before me this 7th day of July, 1958,
and I hereby certify that I am not an officer or director of this bank.
Larraine M. Rhein, Notary Public
Notary Public in and for Territory of Alaska
My commission expires July 25, 1960.