State races
Outside, local investing faces treasury fight
The State Treasurer is elected
to a four-year term and is the of
ficer in charge of all state funds
and securities. These include all
securities deposited by insurance,
title and express companies,
motor carriers and automobile as
sociations.
The treasurer serves as the
state’s chief investment officer,
with the duty of investing state
funds at the highest rates with
minimum risk. He or she serves as
investment officer for the Oregon
Investment Council which makes
broad policy decisions regarding
investments.
Jewel Lansing
The treasurer is also a member
of the State Land Board, which
oversees the administration of
more than 800,000 acres of state
lands These lands provide sup
port for the Common School
Fund.
Jewel Lansing, the Democratic
candidate for State Treasurer, is
presently Multnomah County Au
ditor, her first public office, to
which she was elected in 1975.
Prior to this she maintained a
private Certified Public Accoun
tant practice from 1967-1974 in
the Portland area.
Born in Ronan, Montana,
46-year-old Lansing received a
Bachelor of Arts degree with hon
ors from the University of Montana
in 1952 and a Masters in counsel
ing and guidance from Stanford
University in 1954. She served
with the U S. Army in Germany
from 1954-1956 and as a teacher
in Portland and Salem from
1956-61
She and her husband own their
own home in the Portland area.
The Lansings have three children:
Mark, 18. attends the University o#
Oregon and daughters Alyse, 15,
and Annette, 14, attend Jackson
High School in Portland.
She is a member of the Gov
ernmental Accounting and Audit
ing Committee of the Oregon Soc
iety of CPAs, the American Insti
tute of CPAs, League of Women
Voters, Portland City Club,
Toastmasters and is a founder of
the Oregon Accountants for the
Public Interest.
Lansing received the endorse
ment of the Oregon Environmen
tal Council in her bid for the office.
Clay Myers, Republican candi
date for State Treasurer, is cur
rently Secretary of State. He was
appointed to the office in 1967 by
former Gov. Tom McCall and was
elected to two terms— in 1968
and 1972 — and is prohibited by
law from seeking a third.
Myers stepped into the office
from the position of Assistant Sec
retary of State. Prior to this, he
was vice-president of the Insur
ance Company of Oregon,
Oregon State Manager of Con
necticut General Life and worked
in property management for the
First National Bank of Oregon.
He graduated from the Univer
sity of Oregon in 1949 with a
Bachelor of Science degree and
did post-graduate work in law.
Myers was born in Portland and
raised in Tillamook. He and his
wife Elizabeth have three chil
dren, and reside in Salem. He is a
member of the Portland City Club,
the American Legion, the Elks, the
Masons, Common Cause and is
currently International President
of Lambda Chi Alpha fraternity.
He is also a member of St. Paul’s
Episcopal Church in Salem and a
Board member of the Ecumenical
Ministeries of Oregon.
INVESTMENT: Lansing says
she would use her experience as
a CPA to maximize the investment
return on the more than $2 billion
of state funds invested by the
Treasurer's office. Operating
under Oregon’s 'prudent man”
rule, which requires the Treasurer
to invest monies as he or she
would invest his or her own —
Here are some-of the things that Pat Horton
has done in his first term as District Attorney:
MARIJUANA: Pat was the first law enforcement official
in the State of Oregon to call for and implement liberalized
marijuana laws.
RAPE: Pat helped re-write rape laws, and
initiated the all-woman Lane Interagency Rape Team.
INFORMANTS: Paid informants in drug cases were abolished
in Lane County by Pat Horton.
WOMEN: Pat hired the first women criminal trial attorneys
in Lane County history.
CONSUMER PROTECTION: One of Pat’s first steps
after taking office was to expand the scope of
consumer protection in Lane County. He is the only
District Attorney in the state to maintain an active '
Consumer Fraud Division.
Pat Horton is proud of his accomplishments as
District Attorney*, but he knows there’s much more
to do You can help by voting to
RE-ELECT PAT HORTON AS DISTRICT ATTORNEY
p».d lO' by R» El»ct J PAT MORTON EOR DISTRICT ATTORNEY COMMITTEE
William Fimn T.«a» ' 777 High St Eugan# O'o 97401
HroffAn finalv Rma»rfikrl
pursuing maximum return with
minimum risk — Lansing says she
would attempt to keep most of the
money inside the state.
She is an advocate of the
“zero-base budget” system
whereby all programs are fully ex
amined every few years as if the
program were being funded for
the first time.
Myers promised to operate
within the dictum of Oregon’s
"prudent man” rule of investing
state monies for maximum return
with minimum risk and would go
outside the state for those invest
ments which he feels would yield
more than Oregon investments. “I
don’t want to gamble just to keep
money in Oregon,” he says.
LAND BOARD: One of the most
visible roles of the Treasurer is
membership on the State Land
Board. In this capacity Lansing
promises to “guard the rights of
individual property owners” while
not sacrificing any rights that be
long to the public.
During his term as Secretary,
Myers served on the Land Board
and wants to continue in this
capacity as Treasurer. He says he
would continue his “common
sense approach” in dealings with
state-owned property. As an ex
ample he offered his recommen
dation to exempt riverside prop
erty owners from state leases if
dock or boat landing area over
lapped with less than 1000 sq. ft.
of state land. He explains that au
diting and bookkeeping would
cost more than the lease would
provide in state funds.
Clay Meyers
LOCAL GOVERNEMNT: Lans
ing would like to see the
Treasurer’s office take a more ac
tive role in assisting local govern
ments with their financial affairs
and says she would act as a con
sultant to the agencies.
Myers would like to assist local
governments by providing debt
profiles and assisting out-of-state
non-polluting businesses in their
search for a suitable Oregon loca
tion for their enterprise.
Gaidi
RE-ELECT A WORKING REPRESENTATIVE
During the 1975 Legislative session TED KULONGOSKI
played an important role He served on the Rules Com
mittee, Environment and Energy Committee. Judiciary Com
mittee and the House Leadership Committee. During the
interim he is serving on the Labor and Commerce Com
mittee and the Committee on the Judic'ary. Governor
Straub has appointed TED KULONGOSKI to serve on the
Governor's Task Force on Corrections.
HE LISTENS TO YOU
TED KULONGOSKI believes in communicating with the
people he represents in District 43. He has remained vis
able and available to the citizens. He has attended to the
needs of citizens from Smith River in Douglas County to
the Long Tom in Lane County. He visits all the major cities
and towns in District 43. His successful efforts for working
people have earned him a reputation for effectiveness and
dedication.
KULONGOSKI STATE REPRESENTATIVE COMMITTEE
200 EAST 12th STREET. EUGENE, OREGON 97401
Pace 5 Section B