OCR Text |
Show Urd'r a Unlvorulty uf uteh Salt toko City, Utah 1 BtilJ But February Declines A bike nlwSDM C By Daniel K. Cunningham Daily Record Columnist SALT LAKE CITY Developers continue to have confidence in Salt Lake City as a place to live. Housing starts for the mouofm for the four Housing month ended Feb. 29 are almost 45 percent higher than in the same period a year ago. j Much of the increase stems from of construction Utah Supreme Court Decisions Cappile TRESPASS '! CASE starts CHOURNOS, Plaintiff & Appellant v. I ALKEMA, HULSE, CRANE and SCHWINN 1 Trial Court: Judgment favored One cannot claim a right7f way as Supreme Court: Affirmed. a private one by showing that it has beamu&djbjpfhe public" Trial court erred in finding prescripswfe' right in defendant! based upon public use. A prescriptive right upon the theory of a grant implied fmmJgMne and it runs to the individual and not to the pul Chief Justice E. R. CalUster Jr. wrote the opinion. Plaintiff counsel: Milton A. Oman, 701 Continental Bank Bldg. Defendant counsel: Richard L. Stine, 2324 Adams Ave., Ogden 84402 See details page 4. X J 1 wocSllinsed i I Defense Bar To Meet For 5th Conference PI Pittsburgh Banker Will Head NAMSB - NEW YORK (ACCN) Francis B. Nimick Jr., president and chief executive officer of the $554 million Dollar Savings Bank, Pittsburgh, epresentativeVHfrom 66 local defense attorney organizations Pa., has been nominated president across the country have been invited of the National Association of to attend the Fifth National Con- Mutual Savings Banks (NAMSB),. ference of Local Defense Groups. The meeting will be held March 6 at the Houston Oaks Hotel in Houston. the Texas by Sponsored Counsel in Defense of Association MILWAUKEE (ACCN) -R- multi - family units, ones larger than a four-ple- x in size. But the number of single-M- r. Cunningham family homes is higher too. Apparently theres still land for the family that wants its own turf. In all, there have been 374 housing starts between November 1971 and February of this year. A year ago the total was 259, according to Mrs. Helen Smith, chief clerk in the Bureau of Mechanical Inspection. Last November, 31 single-famil- y homes were started within the city limits, Mrs. Smith noted. In addi- - Tax Incentives For Mining Hit By . Ecologists 25-2- NAREB with the Defense Research Institute (DRI) of Milwaukee, Wis., the program will cooperation include discussions ranging from local defense group problems to first parly automobile insurance where it is going and what it means. The Saturday, March 25, session will review various aspects of , Supports Cabinet Post For Development WASHINGTON (ACCN) - The unification and reorganization of several federal government programs relating to community development under a new Department of Community Development has received the proposed automobile insurance from the support of the National Association defense attorney, plaintiffs at- of Real Estate Boards. Realtor Fredrick R. Hunter, Fort torney and claimsman point of view. Judicial Reform Wayne, Ind., chairman of the The Sunday, March 26, session will I I concentrate on various approaches to judicial reform, including the Philadelphia plan for arbitrating small cases outside the court system and an analysis of contributory versus comparative negligence. A DRI spokesman will present updated proposals of its position paper, Responsible Reform, for improvement of the existing system of justice. The conference will conclude with group discussions on the problems and objectives of local defense groups. Realtors Washington Committee, in testimony before a House Govern- ment Operations Subcommittee, reiterated, March 13, NAREBs policy in support of such a new cabinet department. Under H.R. 6962, programs currently administered by a multitude of separate federal agencies, including nearly all of the functions of the Department of Housing and Urban Development, would be brought together in the new department. Principal new functions which would be transferred would include rural non-farhousing and rural development programs of the Farmers Home Administration and m Urges Worldwide Antipolution Body - CHICAGO (UPI) Illinois Atty. Gen. William J. Scott has proposed the formation of a worldwide with organization to a insure powers policing cleaner environment. Scott said the organization could be developed in the United Nations, but all nations, including members, would be asked to join. "There has to be an exchange of laws and contracts and international agreements, he said. non-U.- N. 1 i J the highway and mass transit programs of the Department of Transportation. "In a time when problems of both urban and rural development have reached a level of complexity and challenge beyond the ability of many slate and local governments to adequately respond to them, federal programs designed to assist community development have become increasingly fragmented. This fragmentation leads to piecemeal solutions, which often turn out to be no solutions at all. What is needed is a unified and coordinated approach, Realtor Hunter said. The (UPI) Treasury has turned down a request for a broad study of possible enWASHINGTON vironmental damage stemming from new tax regulations covering the production of all minerals except oil and gas. The ruling came as the Department released, March 13, final rules selling the size of the percentage depletion allowance for ap- "hard minerals proximately such as coal, iron ore, uranium, gold and silver. Various administrations have been struggling with formal wording of the rules since Congress passed the original act in 1954. Basically, the rules give miners a lax break, in the forih of a tax deduction ranging from five to 22 per cent of a minerals selling price, as 115 compensation for the high vestment involved in risky inex- ploration. Last month, following a of public hearings, a coalition of conservation groups said the government could not offer tax incentives to encourage mining while ignoring the resulting impact on the environment. They said an environmental impact statement, similar to the one that has delayed a decision on the controversial Alaska pipeline project, should be required in the hard mineral case. final-roun- But Frederick W. Hickman, deputy assistant Treasury secretary for tax policy, said the Department was simply carrying out an order of Congress to come up with formal rule. The environmental issue properly belongs to the lawmakers who laid down the law in the first place, Hickman said. Spokesmen for the environmental organizations, Ralph Naders lax reform research group, and Rep. Les Aspin, said they would consider legal action to block the new rules. s., tion, there were three fourplexes it and one project which received building permits. Capitol Area Improves it The project was filed by Leon Peterson and located at 66 E. 1st North, an area of the city which has only recently been favored by Salt Lake City developers. Not too long ago, some builders have said, local banks werent too eager to finance new housing in the area surrounding the State Capitol. But attitudes have changed. In December of last year the homes number of new single-famil- y dropped to 11 as the holiday season .'apparently slowed down the pace of construction. Three multiple-un- it projects were filed totalling 56 units. These included additions to the Graystone Condominiums at 1190 East 27th South; a sixplex built by James Hou at 474 4th Ave., and a it complex for Jack Turner at 21-un- 21-un- tion and Februarvs low total may not the simply reflect timing mood of homebuilders. Trend Reverses However a year ago there were 41 housing starts in December of 1970 and 26 starts in January 1971. Then in February the total dramatically lumped to 82 family units. So after a soft two months in early winter, there was an increase. This winter the reverse has happened so far. Regardless, overall totals the four months just completed show Salt Lake City has shared in the nationwide housing trend. Homebuilders generally are confident the Nixon administration will support their industry at least through November, since this is an election year. But the future of next years housing market will depend more on the economy than politics. 24-un- 471-10- th East Peaked In January In January there were building permits for 205 units were issued. homes The number of single-famil- y was nominal, only four. There were four duplexes and one four-ple- x filed. But three multiple units for 185 families were filed with the city. The largest project included 125 units at 425 South 10th East for Keith Lignell and Burton Todd, which was announced last summer by The Daily Record. In addition, Boyd Brown is constructing 48 units at 341 to 361 East 8th South, as part of his Victoria Square in central city. Brockbank Realty is buildd Ave., Mrs. ing 12 units at ' Smith stated. Last Month Off The number of building permits approved last month however dramatically dropped to only 38. Twenty-of these units will be in six duplexes, while onlv eight singlefamily homes were filed. The big question is what the February decline means. The proceeding month was exceptionally strong for new residential construe- 132-2n- . Grant Will Aid Cooperation Among Sheriffs LEAA WASHINGTON (ACCN) - Ad- ministrator Jerris Leonard has announced a Law Enforcement Assistance Administration award of $240,000 to the National Sheriffs' Association to help develop or improve statewide law enforcement mutual aid compacts throughout the nation. "One of the most urgent needs of law enforcement is to achieve a much greater degree of cooperation and coordination among police agencies than now exists, Leonard said. There will be three main components in the Sheriffs' Association project: national survey of the status of mutual aid agreements in a number of states. An examination of the agreements in three states: Louisiana, Michigan, and Iowa. Preparation and distribution of a handbook on how mutual aid compacts can be set up, including model legislation.. In studying various states, A Leonard said, the Sheriffs' Association will focus on the comprehensiveness of existing Economic Periscope: Monetarist Theory Stress Is On-Mon- ey ByLeeRuwitch The Monetarist view that a stable economy depends largely on moderate and stable growth of the money supply is gaining wider acceptance. In capsule form, the monetarist view is the following: In the long run the growth of output and employment is determined by the growth of resources of a society. The price level is simply the rate at which money can be exchanged for this output. The trend growth of prices is determined by the trend growth of money slock relative to growth in output. Thus, the rate of inflation and the value of total nominal spending are dominated by the quantity of money supplied. A sustained increase in the growth rate 6f money will generate inflation and inflationary expectations. An attempt at slowing inflation by reducing the rate of money growth will decrease output and employment temporarily but, given inflationary expectations, insistence on higher wages and prices will remain for some lime. Thus, a decline in spending will result in a decline in output and employment but not an immediate decline in the price level. This is the way in which inflation and unemployment can and do exist simultaneously. By pursuing a steady and moderate growth of money, we can (ACCN) assure that inflation and expectations of inflation do not develop. This would also assure that inflationary premiums on wages, prices and interest rates do not interfere with any adjustment process. Other policies can more appropriately be used to correct short-ru- n fluctuations in output and employment, and they will be much more effective if expectations of price level movements do not in- terfere. Thus, the fundamental policy implied by monetarist thought is a steady trend rate of monetary growth. It must be noted that this rate may be chosen to produce no inflation whatsoever or some predetermined rate of inflation, if so desired. . |