" :V i- ;=,
THE NOME NUGGET
Published Monday, Wednesday and Friday by the
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Telephone 443 - 2361 $1.50 PER MONTH
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E. P. BOUCHER . Managing Editor
CLINTON GRAY ... Production Manager
Entered as second class matter October 14, 1943, at the
post office at Nome, Alaska, under Act of March 3, 1879.
itkKg&m
Crisis . . .
By Senator Harry Flood Byrd, Virginia
|T WAS WITH A GOOD DEAL of reluctance and, I will say, a good
deal of sadness that, as chairman of the Senate Committe on Fi
nance, I was compelled to ask for an increase in the federal debt limit
from $298 to $308 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 Committee on
Finance that there ever before arose such a condition as was pre
sented to us.
It had to be recognized that the failure of this government to pay
its bill would create chaos at home and abroad in the free world. Such
a situation could not be permitted to occur.
Under circumstances which had been allowed to develop, we
were virtually forced to go more deeply into debt to pay running ex
penses 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.
We have been the policeman, the banker, and the Santa Claus
for the free world more than 15 years. Recent figures showed US.
foreign aid has totaled more than $100 billion, and it is continuing.
Meanwhile we are faced with a menacing deficit in 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 threaten or
cause inflation, has resulted in a drain of our gold in relatively a few
years. I emphasize: We have lost 30 per cent of our gold reserves.
We are already laboring under a terrible tax burden. It is con
fiscatory in some areas. Deficits are continuing; and the debt is at a
peak never reached even for 4 years of global shooting war. „' ^1
In addition to $300 billion in direct debt, we have assumed contin
gent liabilities at home and abroad amounting to untold billions more.
Now we propose to underwrite the debts of the United 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 stands now, this will be the year of the highest reve
nue 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 govern
ment’s basic fiscal condition.
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 to raise the limit on the federal debt is granted.
Work on the examination has started. The government’s obli
gations are huge, complex, and world-wide. The study will be ex
haustive. It is concerned with hard facts as distinguished from fiscal
fantasy.
Is it possible for us to destroy ourselves from within? Every
American should ask hir
Nothing could serve
including our own, depends
emment. Neither our form <
prise can survive insolvency,
much longer to spend and
borrow-.
Nothing how before Congress
£ shoutd be stopped.
Survival of free nations,
WATKINSVILLE, GA., OCONEE ENTERPRISE: "Hie fel
low who falls down usually gets up quicker than the one who
Nikita Accuses
Western Powers
Of Nuclear Race
MOSCOW MB—Premier Khrush
chev accused the Western powers
Saturday of deliberately involving
his country in a race to improve
nuclear weapons.
“Under these condition s,” j
Khrushchev said, “the Soviet gov
ernment sees no other way out
except to see to it that the defenses
of the Soviet Union are at a proper
level.”
The Soviets have repeatedly said
they would resume nuclear testing
if the West did. But Khrushchev
failed Saturday to say when, and
if, a new Soviet test series might
start.
His comments were made in a
letter that replied to one from 65
Laborite members of the British
Parliament. The Laborites had told
Khrushchev resumption of Soviet
nuclear testing could disrupt the
Geneva disarmament talks.
Khrushchev replied that West
ern leaders “are deliberately in
volving the Soviet Union in an
other round of the competition in
the sphere of improved nuclear
weapons.”
“They are splendidly aware,” he
added, “that their decision to re
sume the tests will set off a chain
reaction.”
He said such a competition is
dangerous and declared: “If we are
compelled to do this, there must
be no doubt that the responsibility
rests with the NATO powers and
only with them.”
The Soviet Premier reiterated
that the Soviet Union had no in
tention of accepting Western pro
posals for the policing of a nuclear
test ban agreement.
“It is possible now to conclude
a test ban agreement. National
facilities of detection can assure
proper observation over the ful
fillment of the agreement,” he
wrote.
“There are now absolutely no
foundations for the United States
and British demands for interna
tional control and verification
which would be tantamount to
setting up an espionage system.
“As you can see, a solution of
the problem of banning tests does
not depend on us.”
_
Col. Wm. Geyser Named to
FAA Post in Alaska Region
CoL William E. Geyser has been
named Deputy Assistant Admin
istrator for the Alaskan Region of
the Federal Aviation Agency by
N. E. Halaby, Administrator. Col.
Geyser will report to his FAA
assignment in Anchorage, on July
25, after he leaves his assignment
as Commander, Headquarters,
North Atlantic Communications
Region, Westover Air Force Base,
Mass.
As a former resident of Anchor
age, Col. Geyser was stationed
with the Air Force during World
War H. After his discharge from
the service he was a proprietor of
an electrical and radio business
and was active in the city coun
cil. He returned to active duty
during the Korean conflict.
s
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ARCTIC OIL
DELIVERY
-AUTOMATIC SERVICE
INSTITUTE on alcohol
The first Institute on Alcohol will
be held on the campus of Sheldon
Jackson Junior College, July 16-20,
under the sponsorship of the North
Conway Foundation of North Con
way, N.H. The Rev. David A.
Works, director of the Foundation,
said recently, “the North Conway
Foundation is unique." It is the
only inter-faith, inter-denomina
tiona^ totally ecumenical organi
zation in America concerned with
the problem of aiconoi and how
religion can realistically deal with
it.”
The Institute at Sitka will in
clude professional leadership from
outstanding specialists. Rev. John
C. Ford, S.J., Paul O’Hollaren,
M.D., Mrs. Marty Mann and How
ard C. Mitchell will be assisted by
Alaskans in both governmental
and church circles. The Institute
is using Alaska as a test pattern
to see if such studies may be car
ried into other states.
Interested parties are asked to
write for more information to Dr.
R. Rolland Armstrong, P.O. Box
479, Sitka, Alaska. Dr. Armstrong
is the Dean of the Institute.
TOP RED LIEUTENANT
CHARGES U.S. WITH WAR
PROVOCATIONS IN ASIA
TOKYO UP> — Marshal Chu Teh,
one of the top lieutenants of Red
China’s Mao Tze-Tung, charged
Saturday that “U.S. imperialism
has intensified its aggressive ac
tivities and war provocations in
Asia.”
Radio Peiping said Chu told a
banquet for a visiting Communist
North Korean delegation that by
sending troops to Thailand, the
United States is preparing for
“further armed intervention in
Indo-China.” He referred to Laos
and South Viet Nam.
Chu said he welcomed the for
mation of a neutralist coalition
government in Laos but “UJ5. im
peralists are still deploying their
troops on the Laotian border in
a sinister attempt to continue their
intervention in Laos.”
“U.S. imperialism,” Chu de
clared, “must get out of South
Korea, Taiwan (Formosa) and the
Taiwan Strait, Japan, South Viet
Nam, Laos, and Thailand and also
get out of all Its bases of aggres
sion throughout the world ”
Chu charged U.S. military forces
repeatedly intrude into the terri
torial waters and air of Red China
and North Korea.
SANITARY
SERVICE
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P.O. Box 460
PLAN FATHER AND SON
NIGHT ATC21 GIRLIE SHOW
SEATTLE US) — Father-and-son
nights will be introduced soon at
two slightly naughty attractions
hitherto for “Adults Only,” at
the World’s Fair.
The idea came from Harold
Shaw, the Fair’s performing arts
director from New York.
For the experimental in together
ness, he picked Gracie Hansen’s
Paradise International, s cabaret
type show featuring lightly-clad
girls, and the Poupees De Paris
puppet show.
“I see no reason whatsoever why
fathers should not take their sons
to see these shows,” said Shaw.
“But I would say that the sons
should be at least 18.”
Shaw said it’s his understanding
anyone at least 18 can be admitted
to “Adults Only” shows when ac
companied by an adult.
What about daughters?
“I see no reason why we should
not do something for them too,”
said Shaw. “But first I want to*
see how this idea goes.”
EXPERIENCE CRIME . . .
PHILADELPHIA W — Joseph
Coddington is a detective in sub
urban lower Merion, but both his
wife and daughter are experiencing
almost as much crime as he does.
The two women, both tellers,
have been victims of two armed
holdups in two weeks.
A gunman pointed a pistol at
Mrs. Ann Coddington at the Haver
ford branch of the Bryn Mawr
Trust Co. Friday and demanded
money. He escaped with an esti
mated $10,900.
Two weeks ago, Maria Codding
ton, 20, was the victim of a $3,212
holdup id the Wynewood branch
of the Public Federal Savings and
Loan Assn.
Some 200,000 geese find steady
work in California fields as weed
ers. They are used in most crops
except corn, which they can’t tell
from weeds.
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