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Alaska Faces Boom and Bust Fears Amid Defense Growth
Alaska leaders warned that the defense boom masks underlying fragility. Investors cite high taxes and weak roads as major constraints while a planned $40 million pulp mill in Ketchikan signals mixed prospects. Business figures call for year‑round industries, cheaper hydro power, and more investment to avert a 1955 downturn.
MENTIONED IN THIS ARTICLE
Dustry
Alaska
Elmer E. Rasmuson
Investor
Rasmuson
National Bank of Alaska
S ‘Steaders
Don L. Ir Vincent
8Win Palmer
Orval Tingler
Tingler
Bucholz
Beatrice
Dorothy R. Schmitz
Lois Anchorage
Schmitz Jr
Francis
Matanuska Valley
Jean
Oberlin
Jeret
I . Mark
Mason
Russia
Henry
Utah
Raymond Bucholz
Collin
Mormon
Ketchikan
Anchorage
Harold Strandberg