Tundra times., 1963-07-22
Monday, July n, 1863
EDITORIAL
EDITORIAL
 1 Luborer's Credit Union

QDOIeT , \IeulI OIllOll
 Native men in outlying villages are finding diffi- cult to travel to working when they are called by aborer Union go work The reason is lack of money for transportation This there has been conSdef able number of native who were unable 10 come 10 Fairbanks due to lack of funds. h regetabe that this situation exists especially when work available and the men are willing to work.
 We had two men from Kiana in inc office inc other day and one of them fold that inc only way he could come 10 Fairbanks was by saving some money rom onen- poyment compensation checks and by borrowing inc rest from friends.
 Situations like inc above need to be remeded and we have been exponq some ways of financing the workers We have discussed some types ot revolving funds and few other ideas without arriving at a concrete pan Recently talked with Robert |. Bennett Area Dl. rector in Alaska for inc Bureau of Indian Affairs and posed inc problem 10 him. He up with possible solution that might very we'll work and it would be done by the native workers 10 help themselves instead of relying on some other source for he p.
 He said, Why not Native Workers Credit Union?" We certainly think this plan is worth thinking about Its operation could be handled by the natives themselves by organizing into credit Unon An amount ot money could be created with contributions by the native workers who are working in inc Fairbanks and banked. Certain agreed upon amounts could be deducted from members pay check and money accumulated would then be available for borrowing by other members at small interest
 All this means-when native worker in some village in inc outlying does no have funds 10 to Fair banks, and if he belongs to inc Native Workers Credit Union, he would be able 10 borrow enough money TOT ms fare and living expenses for the interim period between his arrival and his first pay check He could then pay back the money he borrowed, either from inc initial pay check or carry ii over 10 inc second pay check.
 The repayment of inc money borrowed and contr- buttons to the fund, would insure a member inc funds Inc would need he doesn't have funds to travel to his place of employment inc following year. The money he would need would be available to him upon making an application for if.
 A Native Workers Credit Union could also be oper- ated by natives type of corporation Officers would be elected from the mennbership Credit Union members would buy shares at, perhaps SO share The money IwoUId be banked usual and would be available for borrowing, but inc shareholders would be paid dividend each year according to inc number of shares he hods We think the plan has merit and should be pursued with seriousness if inc native working to take every advantage of available work The native workmen know very we'll how severely handicapped they when they unable 10 get money for transportation when work is available.
 We would like 10 put a bug in the ear of someone like Ed Obeck President fthe Laboers Union in this district Tor others, 10 help the native workmen organize inc Ma five Workers Credit Union. Perhap airnes person. nel could put in suggestion two since the anes involved inc transportation of inc workers from outlying 
 Al any rate, native workers need help in obtaining money for fare to travel to work We believe native working could help themselves by organizing credit union of their own.
 Responsibility