State Treasurer
Gordon:
Multnomah county commissioner wants
Oregon business growth to stay here
Hollingsworth:
Portland lawyer favors Straub,
Redden programs—with changes
By TRUDY NUTTER
Of the Emerald
Economic growth and a
quality environment are Mel
Gordon’s goals for Oregon. As
a Democratic candidate for
State Treasurer, he has de
vised an Oregon Ran which
supporters say sounds a lot
like the Hoover plan.
He will encourage capital
for, and growth in Oregon bus
0
Mel Gordon
iness by investing in Oregon
banks.
“In the past they shipped the
money east to the financial
centers” he says, “because
that’s where the highest rate of
interest was." But, Gordon
claims, this is no longer the
case. And besides, he says, “If
I’m the banker’s candidate, I
want to be the Oregon
banker’s candidate.”
He says he would prefer
loaning money to Wey
erhaeuser over St. Regis
Paper Co. because
Weyerhaeuser buys products
here and provides jobs.
Gordon’s definition of
Oregon businesses includes
those companies that he can
encourage to relocate here. A
large part of the Oregon Plan is
an open-armed invitation to
business. "We need the
economic boost and the jobs,”
he claims.
He says he feels that nu
clear power plants are needed
“to feed this country’s energy
appetite."
The idea of big oil in the
state does not repel him, "if it’s
done right. They can’t be dril
ling under 1-5 or on the Wil
lamette Greenway or a wildlife
refuge."
As a Multnomah County
Commissioner he fought the
Mt. Hood Freeway. He now
serves as liaison with the En
vironmental Quality Commis
sion and the Land Conserva
tion and Development Com
mission.
As State Treasurer he will sit
with the Governor and the
Secretary of State on the State
Land Board, which governs
800,000 acres of state land.
Gordon is a businessman
and has been a state rep
resentative. He served on the
Governor’s Task Force on
Transportation and bemoans
the fact that there is no mass
transit system on 1-5.
He says he sees the State
Treasurer’s office as a vehicle
for economic development. "I
want to go out and do some
thing positive. We can hire a
bookkeeper.”
D0U3
VOTE
MAY
25th
fu I
for COUNTY COMMISSIONER J DOUG
MELEVINl
A Progressive Democrat
Nuclear Safeguards
"We must protect our County from
radioactive poisons that can last for
thousands of years.”
Right to Privacy
"As County Commissioner I will not
sanction any erosion of our constitu
tional rights.”
Garbage Recycling
"Our garbage problem can be reduced
by separation and recycling at home not
at an expensive reclaimation plant. No
amount of technology can substitute for
educating people to recycle at the
source.”
Land Use Planning
Lane County has been a leader for many years in land use planning and we must
continue to develop our land resources intelligently and thoughtfully. The quality of
our land use planning will decide the future liveability of Lane County. The State
must provide us with enough time and money to properly plan for the future.”
Paid for by: Melevin for Commissioner, Jeff Lake, Treasurer, 1355 Oak Street, Cugene, Oregon 97401
By TRUDY NUTTER
Of the Emerald
Marv Hollingsworth says he
doesn’t have an Oregon Plan
or a Jewel Plan, just some
ideas on how to run the treas
ury.
The 39-year-oid attorney
from Portland’s Gateway dis
trict has served as a district
judge and a state representa
tive.
As a candidate for State
Marv Hollingsworth
Treasurer he says he has dis
covered that the Public Emp
loyes Retirement Fund is short
$30 million. Several counties,
he claims, have not been con
tributing their share.
Hollingsworth plans to carry
out many of Bob Straub and
Jim Redden's programs, but
there are some changes he
would make.
As treasurer Hollingsworth
would not encourage industnal
growth. “We shouldn't make
this state another Los
Angeles," he says.
He prefers to loan money to
existing Oregon businesses
With investments he will follow
the "prudent man” act which
says that bonds must produce
the highest return at the lowest
risk.
He says he sees the State
Treasurer's job as an adminis
trative and bookkeeping
agency. He is running, he
says, because he feels best
qualified for the job and be
cause he loves state govern
ment.
But, he laughs, “Some peo
ple say I’m running to get away
from divorce and drunk driving
cases.”
Lansing:
Wants ‘financial’ instead
of ‘political’ investments
By TRUDY NUTTER
Of the Emerald
Jewel Lansing, who is pres
ently Multnomah County Au
ditor, says she wants to see
investments made on financial
rather than political grounds.
“I want to offer the highest
return," she says, "with the
least amount of risk."
Lansing says she feels that
her experience as a Certified
Public Accountant will help her
in the State Treasurer’s office.
She points out that the state
trust is over $2 billion and that
the treasurer is responsible for
the accounting and recording
systems, for the investment of
the money, and for administer
ing the staff.
She plans to scrutinize
businesses to which the state
loans money because, she
says, "There is nothing worse
for a community than a busi
ness going belly-up a year
later.”
Lansing approves of the
state’s current investment
policies but would allow public
employes, whose retirement
funds are to be invested, to
choose between common
stock, which fluctuates, and
other investments.
She expects to spend one
fourth of her time working on
State Land Board issues, leas
Jewel Lansing
ing state lands or managing
their use, ‘ guarding them for
the future. We can’t go out
and cut down all the trees
when a sustained yield ap
proach would provide more
profit for the common school
fund.’’
A straw ballot of the Portland
area shows her ahead of the
other two candidates with 86
per cent of the vote. In a ballot
taken by Portland’s precinct
committee people, Mel Gor
don received approximately 8
per cent and Marv Holl
ingsworth 7 per cent.
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