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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (April 24, 1956)
New Private Over H earings on Bill By A. ROBERT SMITH Mail Tribune Correspondent Washington A brand new public vs. private power bill is shaping up in Congress over a TTT??'Zr bill the utility 1 S 1 1 A i n d u s t r y is pushing to ex empt certain private utili ties, including four in the Pa cific N o r t h west, from the regulation of the 20 - year- A. Robt. Smith Old public Util ity holding company act. Hearings on the bill opened last week before the' Senate Interstate Commerce Committee and continue this week with both private and public power forces mustering their strength for an all-out fight. Two Section! The bill has two sections, one of them tailor-made to exempt Pacific Power and Light, Wash ington Water Power, Portland General Electric and Montana Power and Light companies, from coming under the public utility holding company act when their joint subsidiary, Pa ' cific Northwest Power Co., gets into the power business by gen erating new kilowatts. The other section exempts utilities that join in building atomic power reactors. Opposing the utility Industry on this legislation ig the Amer ican Power Association and the National Rural Electric Co-op itjLj it i ri iriir -:;-. u-nr""v ih i f f I -1 fir WfTTt t VjwS J i & I v -iffc IV I . I flffesi Hdmri hJAvehS uJ S THE HME Sa-To Help You Along For the Remainder of This Week ... KMED Will Broadcast All the Clues' One Clue Each Hour Until They Are Gone Don't Miss Them! WANT TO WIN $660 - SOLVE THIS RIDDLE Hear the Clues Rebroadcast One Each Hour Until Gone N.B.C. vs. Public erative Association, the two major national public power groups. As the public utility holding company (PUHC) act now stands, it hag never been amended since its enactment by Congress in 1935 in the wake of investiga tions which disclosed widespread abuses against stock holders and consumers through vast net works of holding companies within the utility industry. The PUHC broke up such holding companies as American Power and Light, which controlled PP&L, Washington Water Pow er, Montana Power and many other smaller utilities around the country. Not Subject To Act Since the break up of many holding companies (only 18 re main subject to the PUHC act), the individual utility compan ies of the Northwest have not been subject to that act. But when they established jointly two years ago the Pacific North west Power Co. for the purpose of teaming up to build new generating and transmission fa cilities, these utilities edged close to the jurisdiction of the PUHC act as holding companies. It is only because that the new com pany is still a paper organization that its parent utilities have not come under the act. Through this joint subsidiary, the companies hope to finance and build two major dams on the Snake river below Hells Canyon the Mountain Sheep and Pleasant Valley projects ' . ' ' ' I KMED's June Hughs Says: "Look at the Kash Box Letters and Still NO Winner" 1 ID KASH MX KASH BOX RIDDLE EXCITEMENT WAS MY DISH BUT LO' MY DAY IS PAST I WOULD IF I COULD BE GLAD TO GIVE MY LAST THE FURY DIES THE SPIRIT IS TO WANE I STAND AS BUT A SYMBOL I OWN NAUGHT BUT MY NAMI "The Voice and Choice of Power Battle Shaping for PUHC Exemption which would put them into busi ness as holding companies. Whv do they want to avoid the PUHC act? Each of the utilities figures that it would cost them about S100.000 annually to hire extra employees and prepare the var ious reports required by the Securities and Exchange Com mission, which administers the PUHC act. Pacific Power and Light also figure it might have to divest itself of some of its holdings in Wyoming which it picked up two years ago in its merger with the now-defunct Mountain States Power Co. The PUHC act stipul ates that holding companies must confine their operations to one region geographically. And Montana Power fears the PUHC act would require it to divest itself of its gas distribut ing facilities in Montana. Rerersa Said Illustrated The utilities themselves claim they would not be contributing to the abuses which the PUHC act eliminated from the industry if they were exempted. They argiie that the Pacific Northwest Power Co. illustrates the reverse of what the act aimed at, for instead of being one major hold ing comany that owned or con trolled many smaller subsidiary utilities this is a case of several individual utilities jointly con trolling one subsidiary. They contend that by pooling their resources they can build dams and steam plants that in cost would be beyond the re NEEDS A WIN The Rogue Vacation Land sources of one utility and will result in more efficient opera tion and cheaper power. The Eisenhower administra tion is divided in its attitude to ward the bill now being pushed by the power companies. The Federal Power Commission, grants licenses to utilities for new power projects, favors the bill. So does the Atomic Energy Commission, but it confined its observations to the power react or section of the bill. The Securities and Exchange Commission, however, is opposed to the bill. Referring specifically to the Pacific Northwest Power Co. proposal, the SEC said: Should Comply "The Commission believed that the corporate organization, control and financing of a pro ject of this type create the pos sibility of evils against which the (PUHC) act is designed to guard. The Commission there fore believes that the sponsors of such projects should submit to and comply with the act . . . rather than their being granted a blanket exemption from all provisions of the act. Requiring the sponsors to comply with the holding company act would re sult in the type of protection which the act was designed to provide with regard to capital ization ratios, non-engagement in other busines, absence of in terlocks, geographic integration and other matters. Where man agement is willing to comply, the act promotes rather than hinders growth and devlopment. Get Your Sales Slip at Groceteria and Western Thrift And Hear KASH BOX 8:15 A.M. Groceteria 12:50 P.M. - Wtem Thrift 1440 RESCUED from coal mine cave-in after being buried for 40 hours, Lavell Golding reads own obituary in news paper at Sunnyside, Utah. Hope had almost been aban doned when workers reached four victims. (International) Covered Bridges Erased by Time Waynesburg, Pa. (U.R) Time, termites and floods are erasing covered wooden bridges from the Pennsylvania landscape. Even as late as the end of World War II state highways were dotted with 359 venerable spans made from wood hewn from nearby trees. Green County still boasts 20 antiquated bridges and Bedford county counts 14. But since the end of the war the relentless surge of time, floods and termites has doomed the structures until there now are only 142 in the state. In the judgment of the SEC it would not be wise for Congress to encourage such projects with out the safeguards provided by the act." The FPC argued in its report on the bill that "the holding company act clearly was not in tended to prevent the organiza tion of a separate generating company under these circum stances, although the amendment (proposed in the bill) is neces sary to make the exemption lawful. The licensing terms of the federal power act are rather ! strict, and properly so, and it would be difficult for twp or more companies effectively to undertake to construct a large water power project under li cense. This bill would remove legal impediments to the or ganization of a separate generat ing company under these cir . cumstances and made a joint venture of this type entirely feasible. Passage of the bill is recommended." LEGAL NOTICES NOTICE OF SALE to satisfy Warehouseman's Lien The following goods belonging to one Opal Demmer, last known address to he General Delivery, Medford, Ore gon, will be sold at Public Auction at Davis Transfer & Storage Company, 40 South Fir Street, Medford. Oregon on May 10, 1956, sale beginning at 10:00 A. M. until such lien is satis fied: 4 Cartons Contents Unknown Davis Transfer & Storage Company 40 South Fir Street Medford, Oregon Phone 2-6273 NOTICE OF SALE to satisfy Warehouseman's Lien The following goods Delonging to one Floy G. Russom. last known ad dress to be General Delivery, Ade lanto, California, will be sold at Public Auction at Davis Transfer & Storage Company, 40 South Fir Street, Medford. Oregon on May 10, 1956. sale beginning at 10:00 A. M. until such lien Is satisfied: 1 Refrigerator Davis Transfer & Storage Company 40 South Fir Street Medford, Oregon Phone 2-6273 NOTICE OF SALE to satisfy Warehouseman's Lien The following goods belonging to one Jess Coggins, last known address to be 22 North Front Street. Medford, Oregon, will be sold at Public Auction at Davis Transfer & Storage Company, 40 South Fir Street, Medford, Oregon on May 10, 1956, sale beginning at 10:00 A. M. until such lien is satis field: 1 Barrell Contents unknown 1 Trunk Contents unknown 1 Box Contents unknown Davis Transfer Storage Company 40 South Fir Street Medford, Oregon Phone 3-6273 NOTICE OF SAL1 to satisfy Warehouseman's Lisa The following goods belonging to Hazel Loflin, last known address to be General Delivery, South Chicago, Chicago. Illinois, will be sold at Pub lic Auction, at Davis Transfer & Storage Company, 40 So. Fir Street, Medford, Oregon on May 10, 1956. sale beginning at 10:00 A. M. until such lien is satisfied: 2 Suitcases Contents unknown 3 Cartons Contents unknown Davis Transfer & Storage Company 40 South Fir Street Medford, Oregon Phone 2-6273 NOTICE OF SALE to satisfy Warehouseman's Lien The following goods belonging to one Harry Grosspietsch, last known address to be eo E. A. Shepard, Med ford Hotel, Rm. 518. Medford, Ore gon, will be sold at Public Auction at Davis Transfer tc Storage Company, 40 South Fir Street, Medford, Oregon on May 10, 1956, sale beginning at 10KH) A. M. until such lien is satis fied: 10 cartons, contents unknown, 1 box 1 Elect. Sweeper & Parts. 1 Smoking stand, 1 Iron Board, 8 pictures. 1 Daveno, 1 Hassock, 1 Card Table, 1 Clothes Rack. 1 Floor lamp & shade, 1 Radio Comb., 1 Arm Chair. 1 Rug, 1 Sewing Ma chine. 1 Secretary, 1 Headboard. 2 Steel Springs, 1 Steel Frame, 4 Bed Ends, 2 Bed Rails. 2 Mattresses, 1 Eox Spring, 1 Cot Pad. 1 Vanity Base. 1 Mirror, 1 Stove, 1 Refriger ator. Davis Transfer 4c Storage Company 40 South Fir Street Medford, Oregon Phone 8-6273. Tuesday, April 24, 1956 Back Stairs: Curious Complications By MERRIMAN SMITH United Press White House Writer Washington (U.R) Back stairs at the White House: Every presidential campaign year produces curious complica tions which frequently escape the public until they burst upon the electorate as drum-beating news stories. For example, because of Presi dent Eisenhower's illnes last fall, his doctors plan to issue another extensive report on' his health before the campaign gets under way in earnest. A similar report was issued on Mr. Eisenhower at the start of the 1952 campaign, long be fore anyone dreamed of his hav ing a heart condition. Which brings up this ques tion: Will the Democratic nom inee undergo a similar examin ation and make it public? Think of the complications Four Vacant Houses Destroyed at Clifton Astoria (U.R) Fire which broke out in the little Columbia river town of Clifton yesterday afternoon destroyed four vacant houses with damage estimated at S5.000. Fire crews from several neigh boring towns answered the alarm shortly after 1 p.m. yes terday and controlled the blaze before it could spread to a dock- side warehouse that contained about $100,000 worth of fishing equipment. Clifton is the site of a fish receiving plant and is located about 24 miles upstream from here. Bull Fight Being Planned for Rainier Pollensa, Island of Mau Jorca (U.R) Friends of Prince Rainier and Princess Grace of Monaco said today efforts were being made to stage a bull fight for. the Prince at Palma De Al orca next Thursday. The royal couple apparently have decided to spend the next two weeks of their honeymoon near the Balearic Islands and the Spanish mainland, their friends said. PICTURE TUBES REJUVENATED It your picture tube dull and weak? Most picture tubes can be restored to original brightness at only fraction of the cost of replacement. For further information CALL Electronic Service 18 N. GRAPE PH. 3-1971 How can a woman 150 decisions in 17.9 Did you know this about yourself? You probably make about 150 buy ing decisions every time you buy groceries. Yet you spend an aver age of only 17.9 minutes making ail those decisions. On something so important as your family's food, what gives yo the courage to make up your mind so quickly? How can you be so sure-you're right? Isn't it simply that you've learned the basic rule of safe and sound buying: A good brand is your best guarantee. MEDFORD MAIL TRIBUISE MEDFORD (OREGON) MAIL TRIBUNE THREB that might develop if the Dem ocratic nominee turned out to have a higher blood pressure than Mr. Eisenhower's. The health issue could then become a snarl of confusion and a battle of medical statements. For a time at least, it could take precedence over discussions of such issues as farm, taxes and foreign policy. Another factor in the Presi dent's effort to win reelection is how far he should go in project ing himself as a personality and still preserve some form of pri vate life. It is -difficult to get across one's personality to the voters merely by making speeches and waving -to crowds from a pass ing automobile. Yet the Presi dent is determined to do as little barnstorming as possible. Mr. Eisenhower, however, may do a good bit more campaigning than originally envisioned when he announced in February that he was available for another term. Mr. Eisenhower likes his pri vacy and intends to retain as much of it as he possibly can. For the present, his campaign aides are more than willing to go along, because they believe their man is just about as well known as it is possible to make him. Mr. Eisenhower attracted an unusual crowd when ,he left Augusta, Ga., last week! He has made so many trips to Augusta since his election, that the peo ple frequently take him in stride much as the people in Washington. Thus they usually turn out for, him only in small numbers. But this most recent occasion Use Mail Tribune Want Ad FOR QUICK REPLACEMENT OF CRACKED SAFETY GLASS 3-3613 Si SLA 303 North Bartlett Insurance claims promptly serviced You feel safe with a good brand. You know the company stands back of it because its reputation is at stake. You know, in fact, that yoa are right. No matter what you want to buy, the more good brands you know the smarter you can buy. Get to know them in this newspaper. They'll help you cut buying mistakes, get more for your money. BRAND NAMES FOUNDATION Incorporated A Non-Profit Educational Foundation 37 Wert 57th St, New York 19, N.Y. was different. It was a warm summer afternoon and there were almost solid crowds along the eight-mile route from the Augusta National Golf Club. Knights of Columbus Plan Convention Here Medford will play host for the first time to Oregon's Knights of Columbus at the group's annual state convention May 18-20. This will be the first Oregon convention to be - visited by a supreme knight. Luke Hart, su preme knight from New Haven, Conn., will be in attendance. R. J. Batzer is grand knight of the local council. The Medford council is made up of about 175 members. About 100 delegates and their wives are expected to attend and others to make a total of approximately 300 persons will be at the con vention, according to Dave Walsh, general state convention chairman. Election of officers is on the convention agenda. His committees are made up of Frank DeSouza, registrations; Mike Altobello, reservations; Lee Meeker, finance; James Mc Gowan, food; John Hochstatter, convention hall; Harold Lu msden, publicity; Lewell Dup ray, programs; and Ernest Fla kus, women's program events. Registrations will be held at the Medford hotel and other meetings will be held at St. Mary's gymnasium and the Car penters union hall. KJOU FARMERS "ON THE SPOT" CLAIMS SERVICE Your loco! Formers dis trict agent is authorized -to handle claims as soon as reported. 750 District & Branch' Claims offices to serve you. SAVE with SAFETY Compare our rates. DON EDWARDS District Agent 414 E. Main Ph. 3-5361 make minutes?
