Word: milling
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Nickels & Peanuts. On the coast of Baranof Island, Sitka, last capital of Russian America* was bustling with the clack and crunch of a new $55.5 million pulp mill abuilding. Up to the north, Nome's Sah Yung Ah Tim Mini Chapter (Eskimo talk for "strength gone from the body") of the National Foundation for Infantile Paralysis was busy pressing its immunization drive, and Bush Pilot Neal Foster, 41, reported that Nome (pop. 2,000) was having a pleasant day at 45° and that "a bunch of people are getting their boats in the water here now, mostly...
...home-and already they have filed for leases on 27 million acres. The timber business racked up $34.3 million in 1957, and that economic youngster is still in short plants. Near Ketchikan, hard by the 16 million-acre Tongass National Forest, is a new, $52½ million pulp mill, and timber folk talk about production of 2 billion board feet a year (v. 33 billion Stateside). Scarcely tapped, too, is Alaska's mineral treasure, which boasts 31 of the 33 metals on the U.S.'s critical list (exceptions: industrial diamonds, bauxite). The North American continent's only...
...feel that the facts of the moment justify a gloomy outlook. I think they justify an optimistic outlook.'' Said Presidential Economic Adviser Gabriel Hauge: "The end of the great pressure of the downward movement will come to an end during the second quarter. It will mill around during the summer and lift in the autumn." The Administration's decision to hold the line on taxes already had the tentative approval of House Speaker Sam Rayburn and House Ways & Means Committee Chairman Wilbur Mills. But there were plenty of critics, both in and out of Congress, waiting...
Detachments from three different stations roared deafeningly down DeWolfe St. and Memorial Drive, converging on Mill St. and the south wing of Lowell House. From a fourth floor suite, smoke issued threateningly. But this was to be no day for glory...
Having recently been through the mill, most farmers were being prudent with their new prosperity. In Fresno, Calif., heart of the San Joaquin Valley machine-farming area, Julius Neilsen, Bank of America farm-loan representative, said: "I never saw so many farmers come in ahead of time and pay off their loans." The Iowa Life Insurance Co. reported its sales to farmers through April were up 78% over last year. And, said Red Oak Agent Stanley Fagerland: "When the farmer gets around to buying life insurance, you know he is getting back on his feet...