ABSTRACT The economic foundation of Alaska is not sufficiently broad and diversified to be secure. For twenty years past, the economy has been bolstered by heavy expenditures of federal funds, first on the building and manning of large military installations, more recently on the building and manning of DEW-line and BMEWS radar sites. But in the last few years, finding expenditure of military money within the State much reduced, Alaskan businessmen and legislators have become increasingly eager to secure the interest of other agencies capable of investing large sums in programmes of construction and development.
