Portland Observer, May 11. 1983 Section II Page 3
Business Notes
428.1 m illion w aa appropriated by Congraaa laat m onth for
O re g o n and W ash in g to n N a tio n a l Forests. T h e P ac ific N o rth w est
Region o f the U S D A -F o rest Service is planning to issue contracts for
em ploym ent on n a tu ra l resource projects in v o lvin g all 19 N a tio n a l
Forests in Oregon and Washington.
C o n trac t expenditures w ill be planned fo r road m aintenance, tra il
maintenance, site preparation for reforestation, timber stand im prove
ment, and campground water and sewer system improvements. Most o f
the funds w ill be used to contract w ork to private firms and individuals
and that there will be very little hiring o f people by the Forest Service.
Interesting development in w orld trade — C h in a la a m a r k e t w it h
tre m e n d o u s p o te n tia l for western U .S. forest products producers. It is
also being eyed as a m arket by other countries. The Soviet U n ion just
signed an agreement to sell China one m illion cubic meters (253 m illion
board feet) o f logs each year beginning in 1983. The three-to-five year
deal marked the first timber trade between the two countries since I960.
We're selling
OREGON
bv Charles G ood mac her
O reg o n should le i lim b e r and
agriculture and other declining in
dustries and displaced w orkers
flo u n d e r. In s tea d , special tax e x
penditures; reduction o f corporate
income taxes; expensive promotion
al tours by government officials and
advertising campaigns in Asia; and
expansion o f c o m p u te r and elec
tronics training at all levels o f edu
cation should be used to "a ttrac t**
large high techn o lo g y firm s and
to u ris m to O reg o n . T h is is the
message being p ro no u nced loud
and clear by m a jo r business and
government leaders alike.
MARKETING OREGON
A conference in P o rtla n d this
M o n d a y and T uesd ay e n title d
" M a rk e tin g Conference and M a n
pow er D e ve lo p m en t fo r H ig h
Tech n olo gy" emphasized the need
to d evelop a " h ig h technology
w orkforce.” The Oregon Economic
Development Departm ent co-spon
sored and organized the conference.
D r . C lif f o r d S m ith o f B echtel,
In c . sum m arized the conference
focus during his luncheon speech to
the several hun d red business and
government officials. Smith called
for “ progressive cooperation” be-
C o n s tru c tio n hirin g fell 600 s h o rt o f the normal seasonal upswing in
M arch. The wet weather was undoubtedly a contributing factor. Never
theless, co n stru ctio n em ploym ent has a long way to go to erase the
enormous employment deficit imposed by the recession.
____
tween the private and public sectors.
Daniel Terpack o f Hewlett-Packard
and O regon C han cello r o f Higher
Education W illiam C . " B u d " Davis
called for more public spending for
high technology training in order to
meet the m anpow er needs o f high
technology firms. State Senator Jim
G ard n er (D -P o rtla n d ) added that
the state is doubling its commitment
to this purpose by p ro vid in g SI
m illion in matching funds for com
puter education.
C a llin g fo r g reater e ffo rts to
"s e ll** O regon were M a y o r F ran k
Ivancie and Governor Victor Atiyeh
along w ith c o rp o ra te executives
fro m P o rtla n d G e n e ra l E le c tric ,
F lo a tin g P o in t System s, U .S .
N a tio n a l Bank, W acker Siltron ic,
various public relations firm s and
others.
SALEM TESTIMONY
T h e " s e llin g ” comm enced w ith
testim ony M a y 2 b efo re the Joint
Legislative Committee on Trade and
Econom ic Development by Ivancie
and eight others. M ayor Ivancie de
fended his many recent trips abroad
by declaring, "T h e only way to keep
Oregon in the minds o f prospective
new industries was by m aking
continuous trips to those states and
c o u n trie s ." Ivancie noted that no
Japanese industrial firms are locat
ed in O regon w hile C a lifo rn ia has
IOS plants; Alaska 34; G eorgia 21;
and so on. H e felt that the reason
Oregon has none is that "th e state is
not well know n.”
C .N . W in n in g s ta d o f F lo a tin g
Point Systems noted the decline o f
the wood and agricultural products
industries and growth o f high tech
n olo gy. " T h e q u e s tio n ," said
W in ningstad, " is how to go about
getting and retaining high technolo
gy companies." Winningstad’s con
clusion; " s im p le — target the
biggies.”
Moving to specifics, Winningstad
com m ented on O regon actions to
resolve w hat he sees as m a jo r
obstacles to grow th. "O re g o n has
fixed the land availability problem;
the p erm it and higher ed u catio n
problems are being settled now; the
only thing left to remedy is the tax
situation and that is in the w orks,
to o .”
CORPORATE TAXATION
Dr. M ai Russ o f Wacker Siltronics
launched an a tta ck on O reg o n 's
existing m ethod o f ca lc u la tin g
c o rp o ra te incom e tax lia b ility .
W acker, said Russ, should only be
taxed on incom e made d irec tly in
O regon and not on w o rld w id e or
nationwide income. (N o te: Oregon
uses the " U n i t a r y " concept fo r
calculating corporate income to be
taxed. This takes in to account the
parent company's w orldw ide sales,
property and payroll. Basically, the
unitary worldw ide method rests on
the assum ption th at a d o lla r o f
p ro p e rty , p a y ro ll or sales w ill
produce about the same net income
wherever it is expended.) C liffo r d
A lte rm a n o f K e ll, A lte rm a n and
Runstein suggested a 10-year
" o p t io n " on the u n itary m ethod.
G len U lm e r o f A r th u r Anderson
and Co. commented that Japanese
companies are urging a boycott o f
C a lifo rn ia because o f that s ta le’ s
use o f a unitary system.
( O f the nineteen legislators
present, not one raised the question
o f why 103 Japanese plants located
in California if the unitary system is
indeed such an obstacle.)
State R epresentative D o n n a
Z a jo n c (R -S a le m ) asked i f a five
year moratorium on the unitary tax
w ould be h e lp fu l. Iva n c ie replied
that most companies needed more
than five years but " it was a step in
the right d ire c tio n ." W inningstad
added that in a d d itio n to the tax
fairness question, Japanese corpo
rations have " a very great concern
about disclosure o f inform ation that
they did not want disclosed."
The Netlonel Urben Leegue, N ew York, received 4600,000 fo r
technical assistance and training to League affilia te offices through the
country, with the objective o f supporting and improving operations and
management and liaison to government agencies. The grant fro m the
U .S. Department o f Labor was one o f three totaling $16 million.
The locel D ep e rtm en t of Housing and Urban D evelop m en t
office Friday announced a reduction of Interest rates on Its home
mortgagee. The rate dropped to 11 Vi percent from 12 percent on stan
dard 30 year Federal Housing A d m in istratio n insured loans. Rates on
graduated payment mortgages dropped to I I W percent, m u lti-fa m ily
home mortgages dropped to 12Vi percent and interim construction loan
rates slid to 12 ‘4 percent from 14 percent.
____ ____
By December, 1982, there were nearly 9 percent more managers
end administrators In the American economy than In January.
1981. according to the Bureau o f L a b o r Statistics. This is in sharp
contrast to the nearly I percent decline in overall employment and the 12
percent drop in blue-collar jobs during the same period.
" A f t e r all the discussion about the squeeze on m iddle management,
the striking thing is that management has grown at a ll," said Samuel
Ehrcnhalt, regional commissioner o f the Bureau o f Labor Statistics for
the New Y o rk region. " I t tells us som ething about the contrasting
economic w orlds we are moving to , where some groups are going up
sharply while others are plum m eting."
The D e p a rtm e n t o f T ra n a p o rta tio n 'a M a r itim e A d m ln ia tra tlo n
w ill eatab liah a P o rtlan d field o ffic e in the coming months. Portland
has been served by the Seattle o ffic e. The mission o f the o ffic e is to
promote U .S. ports and the merchant marine through port development
and marketing programs.
Seven Oregon cities share jobs bill money
Oregon communities will share
$12,244 million in Community
Development Block G rant (C D B G )
funds as part o f the emergency jobs
bill recently signed into law by
President Reagan, it was announced
today by Secretary o f Housing and
Urban Development Samuel R.
Pierce, Jr.
The funds are Final allocations for
the
state’s
large
and
small
communities, and include $8.38
million for metropolitan cities and
urban counties entitled to funds,
and $3,664 million for smaller com
munities.
" W e want to help men and
women who may be in need o f em
ploym ent,” Secretary Pierce said,
"a n d we think cities can do this by
hastening planned construction or
spurring economic development
with these C D B G funds."
In all, $4.6 billion — including SI
billion C D B G funds — is aimed at
communities to provide hum anitari
an assistance to individuals and jo b
less persons. The Oregon share of
funds modified the original C D B G
form ula, to take into account both
current unemployment and long
term unemployment rates statewide.
In Oregon, 7 cities and urban
counties are entitled to funds based
on the existing law, and receive
$16.308 million annually under the
program. The state's smaller cities
also share $11,081 million annually.
The funds announced today are new
appropriations awarded in addition
to the annual programs.
Both entitlement communities
and states must meet normal
submission requirements for receipt
Washington environmentalists won
a victory this week when the Northern
T ie r Pipeline C om pany said it w ill
abandon plans fo r a controversial
1,490 mile pipeline to move Alaskan
crude oil from Washington state to
the midwest.
The company said this week that
for PENNIES A GALLON
Argenion
Bacteriostatic Water Treatment Unit
Designed to provide:
Eugene
M edford
Portland
Salem
Springfield
Clackamas County
Washington County
412.244,000
713.000
246,000
4,680,000
313,000
312,000
1,077,000
1,033,000
Bellevue
Bellingham
Bremerton
Everett
Kennewick
Olympia
Pasco
Richland
Seattle
Spokane
Tacoma
Yakima
King County
Pierce County
Snohomish County
it w ill not re ap p ly to the S tate o f
Washington for a perm it. That per
mit application was denied in A pril
o f I9 8 2 fo r the p ip eline's firs t leg
and a d eep -w ate r pier at P o rt
Angeles. A special Washington State
commission applied the same stan
dards the state uses for siting nuclear
pow er plants and recom m ended
denial o f a construction permit. State
en viro n m e n ta lists opposed the
supertanker port which would bring
the hazards o f o il sp ills, fire and
explosion. T he State also objected
to the fact that, once completed, the
pipeline and port would bring few
jobs to Washington.
N o rth e rn T ie r spent a b o u t $5
m illio n stu d ying its o p tio n s and
decided not to make another attempt
to receive necessary permits. It had
o b ta in ed p erm its fo r the p ip elin e
from Idaho, Montana, North Dakota,
M innesota and the federal govern-
•20,049.000
229,000
360,000
207.000
347,000
160,000
156,000
130,000
118.000
5,960,000
1,872,000
1,276,000
353,000
2,628.000
1,453.000
1,147,000
ment had given its approval.
The decision leaves the future o f
the company, which was formed for
the sole purpose o f designing and
constructing the proposed pipeline,
in doubt. Its m ajor backers include
G e tty O il C o m p a n y , U .S . Steel
Corp., Westinghouse Electric Corp.,
B u rlin g to n N o rth e rn , In c ., and
Farmers Union Central Exchange, a
farm-supply cooperative.
O N LY
$149”
RETAIL
Sand orders with check or money order to:
Trumbull & Sons Diet.
P.O. Box 236
Boardman, OR 97818
(603)481-6311
13 and 14 at Portland State U niver
sity S m ith C e n te r, w ill fea tu re
representatives o f social w ork, local
and state g o v e rn m e n t, vo lu n tee r
agencies, the corporate sector, labor
and the unemployed.
T h e co nference is open to all
interested persons at no cost to
those who are unemployed. There is
«
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M A IN O FFIC E: SW 5th & Washington
Portland Oregon Telephone 2 2 4 4 4 4 4
5fl convenient offices throughout Oregon
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The challenge o f O re g o n ’ i high
rate o f unemployment w ill be tack
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(N A S W ).
The conference, to be held M ay
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