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...native Alaskans, who own much of the land in question, such deals would provide needed cash. The Afognak Joint Venture, for instance, a coalition of native corporations, hopes the trustee council will purchase its 50,000 hectares (125,000 acres) on Afognak Island, a mountainous place nearly the size of Maui, brimming with salmon, elk, Kodiak bears and bald eagles. Though part of the island belongs to the Kodiak Refuge, the AJV lands are being logged and could be stripped bare within a decade. Asserts AJV chairman Howard Valley: "By selling it back, at least we will be able...

Author: /time Magazine | Title: Alaska's Billion-Dollar Quandary | 9/28/1992 | See Source »

Whatever the meat's merits, the industry owes its growth to Crab King Wakefield, 57, son of an Alaska salmonand-herring pioneer. Wakefield prepped at his father's processing plant at Port Wakefield on remote Afognak Island, struck out on his own after World War II to exploit the vast and virtually untouched king-crab grounds on Alaska's continental shelf. Though Japanese fleets had been catching and canning the huge crabs for years, Wakefield determined to try freezing the meat, on the theory that "when you are so far from the market that your costs...

Author: /time Magazine | Title: Industry: King Crab | 4/7/1967 | See Source »

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