Illinois Valley news. (Cave City, Or.) 1937-current, September 15, 1938, Page 3, Image 3

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    Illinois Valley News. Thursday, September 15, 1938
Page Three
duced in a reasonably short per­
iod.
Good Busines» Deal
DOYLE'S
Grants Pass
COTTON SUITINGS
19c yard
<36 inches wide and color fast, challis finish with
neat designs, in Red, Brown, Tan and Green grounds
SPUN RAYONS
59c
39 inches wide, look like and feel like wool. In
solid colors of Blues and Greens and fancy designs.
COTTON PLAIDS
29c
Woo tone, Scotch plaids in Red. Navy and Green.
Yard wide, fast colors. Make nice school dresses.
WOOL SUITINGS
54 inches, in Navy, Grey, Tan, Brown, Rust and
Tweed mixtures
98c, $1.39, $1.49 and $1.85 yard
Avoid Competitive Battle
In First Bonneville Sale
\
*
Administrator J. D. Ross today
expressed his satisfaction with
the decision of the city council
of Cascade Locks—first city to
distribute Bonneville power to
issue revenue bonds to buy the
electric system of the West Coast
Power company.
The decision of the city council
to submit a $90,000 bond issue
to the voters marks an end of a
bitter controversy with the local
power company over the market
ing of Columbia river power from
the nearby dam. The dispute
reached a climax when citizen­
volunteers erected poles up and
down the main street one week
end, working al) night to prevent
interruption by court injunctions.
Investor» Protected
The proposed purchase of the
private system marks the initia­
tion in the Northwest of the policy
urged by Administrator Ross of
fair treatment of utility investors.
University of California has add­
ed two technicians to its staff
preparing its $200,000 scientific
display at the Golden Gate Inter­
national Exposition opening next
February 18, Paul Kraemer, ento­
mologist, and W. N. Marquis, Ex­
position expert.
■
,
The Bonneville Dam
chief
agreed that the Myers figure,
which is satisfactory to the pri­
vate company is a good business
proposition for the city. “It
amounts to less than $90 a me
ter,” he said. “This compares with
a present debt burden of Oregon
private companies ranging from
$407 to $972 per customer.” Mr.
Ross pointed out that the latter
figures however, included indebt­
edness on generating and trans­
mission plants as well as distri­
bution systems.
“I think the transition from pri­
vate to public ownership, while
not an easy task, can be made
without the bitter animosities and
economic waste that so often re­
sult from unreasoning controver­
sy. The interests of the public and
the utility investors are not so
different as some have been led
to believe. Both are interested in
the payment of a fair price, not
in the transgression of the rights
of the other.”
I
I
The estimate of value of the West I
Coast Power company's system ■
considers the operating worth of
the utility as well as its physical
System Rough» as Unit
inventory.
The Columbia River power ad­
The top price which Adminis­ ministrator also pointed out that
trator Ross recently suggested as he was against chopping a utility
fair both to the city and the com­ system into small pieces. "I think
I the same theory by which we re-
pany was $50,750. Guy C. Myers,
I strict holding companies to eco­
New York investment banker, who nomically integrated areas should
is fiscal agent for the town, suc­ apply to the purchase of operat­
ceeded in negotiating the $44,000 ing systems,” he said. “In the
figure. Mr. Ross estimated that case of the West Coast Power
company, three-quarters of its
under the former figure, the city
Cascade Locks division is outside
could reduce the price of electri­ the city. Therefore, I recommend­
city in Cascade Locks homes by ed that Cascade Locks buy the
40 per cent, cut street lighting entire system not merely the frag­
costs 75 per cent, and lower com­ ment within its boundaries. This
is a better deal for the city, too,
mercial rates by 25 per cent. The
for it provides additional revenues
$44,000 figure will permit even and the strength that comes from
lower retail prices, he said, and larger operations. It will allow
give Cascade Locks power rates them to serve factories that seek
considerably below anw private to locate on the spacious river
utility in the Northwest. With sites outside the town, and will
amortization of this debt charge, also eliminate the severence dam­
rates can further be materially re- ages that usually arise when a
system is dismembered.”
The administrator, whose views
on valuing utility properties have
been widely quoted, expressed
satisfaction at the outcome of the
negotiations of the first city to
distribute power from Bonneville
Dam. “I think it demonstrates that
a city can take advantage of fed­
eral ‘yardstick’ power without ad­
versely affecting any legitimate
investment.”
“I am glad that the completion
of Bonneville Dam does not ush­
er in the vendetta that a few ir-
reconcilables predicted. I hope
that in the Northwest we will
avoid the bitterness and recrimi­
nations of power disputes that di­
vide the people and hurt the pub­
lic and private endeavor alike.
Here in Portland President Roose­
velt defended the right of any
city to distribute at cost Colum-
Plant models for scientific dis­
play in the Hall of Science at the
1939 World’s Fair of the West on
Treasure Island are being sent
from France, under government
bond.
Cave City
THEATRE
The scene in Walt Disney’s full length feature production.
“Snow White and the Seven Dwarfs." as the dwarfs find Snow White
occupying all of their beds in the cottage where she has taken refuge
from tiie wicked Queen who wants to take her life. There is a riot
of fun and music in this picture from RKO Radio filmed in Multiplane
Technicolor, which comes to the Cave City theater, Friday, Saturday,
and Sunday, September 23, 24, and 25, with a special matinee Satur­
day afternoon at 2 p. m.
bia River power from federal pro­
I wish to sincerely thank my
jects. A necessary corrollary is many friends and others who so
that such cities and districts pay loyally helped me in the queen
private investors the fair value contest.
of their holdings.”
•Mice Hogue.
Football Time!
fìnnouncing
the new
1939
Plymouth
»
With Claudette Colbert, Gary
Cooper and Edward
Everett Horton
3 DAYS
Fri., Sat., Sun., Sept. 23, 24. 25
With a Special Matinee
Saturday
-TIME HAS PROVED
THIS DOCUMENT 15
AMERICA’S GREATEST
SINGLE CONTRIBUTION
TO WORLD POLITICAL
THOUGHT AND
PRACTICE---
HIS FIRST FULL-
LENGTH FEATURE!
"Put it on
your must
see' list."
—Jimmy Fidltr
n
Coustitulion JDay
\'7~
iropyHtht W W V t
J
I_________ <-
See
O ao C
0> IHbulstf 6» «KO «8010 Nstsrs»
0..........................................
Ted Athey
NEW
Q
SHIPMENT OF
School Supplies
I FREE
RULER
WITH
EACH
PURCHASE
for bargains in
Fountain Pens
25c to $3.95
I Cave City Drug Store
Real Estate
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t
J.:':.'.
Tues., Wed., Sept 20-21
“Bluebeard’s Second
Wife”
Our Nation s Security
lSTOP
Sept. 14-17
"Test Pilot”
With Clark Gable, Myrna Loy
and Spencer Tracy
Extra Special
Visit the
Josephine
County
Fair
Sat. and Sunday, Sept. 17 18
Fl.............................................................
GJ..............................................................I
SPECIAL
3 DAYS ONLY
Mon., Tues, and Wed.
Regular $5.90 Duart and
Eugene Process
Permanents
2 for $6.00
Make Appointments Early
USE ICE AND SAVE MONEY
Cave City Beauty Salon .
FREE DELIVERY
Mrs. J. I). Lanning, Prop.
I
I......................................
"E
A MERK AN LEGION
ILLINOIS
ICE RATES
CO.
ASK
ABOUT VALLEY
STORAGE
Phil Sawyer, Prop.
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DANCE
:
:
:
I
:
If your house or sto e should burn, are
you protected with a good fire insurance
policy? You should lie.
Fire insurance is not a luxury, it is a
protection against loss In fire and any­
one who owns a store or home should be
fully protected against loss by fire.
Is your automobile insured— Are you
This is
protected against accidents?
an important matter for the new state
laws are very strict, Protect yourself?
against Accidents. Talk to day with
Plymouth’s Got “IT" This Year
Road Kind and De Luxe Models
Now on Display at
JOSEPHINE COUNTY FAIR
Bennett’s
Orchestra
American Legion Hall
Cave Junction
OWL
Cafe
Mae llayes is Serving
Home Cooked Meals
Carner Automotive
Service Co.
Grants Pass
*
Crashing its way into the head­
lines once again comes football, king
of autumn sports. Local interest in
the game will reach a peak during
the next few weeks. Pictured here
Is Capt. Joe Kilgrow of last year’s
Alabama championship team, who
was picked on several all-American
teams.
L. E. Athey
Writing All Lines of Insurance
Fire - Auto - Casualty - Bonds
Cave Junction, Oregon
That Tickle the Palate With
Entire .Satisfaction
Complete Dinners
10c and 50c