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Show nrariinV I I ! The SMITHFIELD strict new construction. Third, that employment picture !. still dark, Fourth, threau of strikes in major industries are a disturbing factor, Fifth, Presidential campaigns create SENTINEL a "psychological disturbance". PuLUahod Every A Mutfcsl mileis COSO A survey the land licstions finds them in agreement compared with 6280 feet in ia the length mile nautical The mile: So jrith this, generally speaking. the equator far as - industrial production indices of one minute of are on much easier in fit3 therefore a'and is hardly are concerned, there mile for a navigators land the than Automobile production! note. gloomy recently fell off but that 'was to! chart work and computation. are be expected, as preparation new season. Steel inmade for got - production . also dropped temporarily but the mills are well booked with orders at last report. And corporate pet. profits are rising in every field, a fact which is naturally reflected - in better dividend payments. There are taro factors, however, outside- the production Held, which are. highly disturbing. One k wages, which are "tending upward, but very ' lowly and are not keeping pace with production. The other is that wont bogey of all, unemployment. It is generally believed' that the unemployed 'roUs are declining, but at a conservative estimate, some eight million men 'ere still out of work. Another interesting aspect of the business situation is covered in a late issue of the scholarly Annalist, in a ' table comparing consumer expenditures in the 'six months ended in June, 1986, with the same period :n 1935. This table shows that more dollar is being of the consumer spent for durable goods and leas trend that for perishable article is highly important, in that the durable goods industries took the ivorst lacing during depression and are the biggest dement in the naThus, where tions' industrial set-uin the 1936 period consumers spent 4.6 per cent for food than in the 1935 period, they spent 22.8 per Where they cent more for oars. spent 9.8 per cent more in restaurants, they spent 24.8 per cent more for lumber, building and hardware. Where they spent 9.6- - per cent more on general merchandise, they spent 19.3 per cent more on furniture and other household equipment. for the Consumer expenditures 1936 period marked a 12.1 per cent increase over the 1935 period totaling $17,470,000,000 as against HAS DOHE An extremely intereutiuf commentary c'n what government in buai-mdoe to private enterprise, appear in a recent iaaue of Letter, a publication of Time, Inc. The letter in question waa written by J. C. Guild, SrH President of the Tennessee Electric fewer Company and says: has been endeavoring to create the impression in Hie TVA the mi mla of the U S public that the Power Program of the Authority utilities operahas been helpful rather than harmful td the private ting in the Tennessee Valley. One favorite utterance of these advocates of government-in-busines- s is to the effect that aa a reeuit of the TVA power program financially, the private utilities in the TVA area are prospering.' Many an owner of securities af Electric Power Co. and other private companies operating in the Tennessee Valley would like to know just how such a statement as thia can be reconciled with the facta. "At a time when securities of many publie utilities throughout the country are seIPng at a premium, securities of the Tennessee Electric Power Col are selling as much as 42 per cent below par. The Tennessee Electric Power Co. is a member of the Commonwealth and Southern CUrp. group. Within the past few months northern companies of this group have refunded their bond, putting them on a per cent and 3 4 per cent basi and they are selling in the market today at from 103 to aa high aa 109. Their 5 per cent preferred stock ia aelling at $104 per share, while the 5 per cent preferred Stork of the Tennessee Electric Power Co, ia selling at $53 per share. The Tennessee Electric Power Co. la just aa good a company in every respect aa the companies of the XorCern group of the Commonwealth and Southern. This la what the threat of the TVA has done td credit and securities of this company. "If thia company could refinance on the same baste as its lister companies above referred to, it could effect a saving of nearly $1,400,-00- 0 per year, aa well as secure money for improvements and better-mea- ts at Tower rates of interest. What thia means may be more clearly understood when 1 state that if thia saving were made and if it could bo passed on to the domestic customers of this company who already enjoy one of the lowest rates in the U. &, the lesidmtial rate could be reduced nearly 1 Vi cents per kilowatt-hou- r, thus putting It materially bekftr the nice charged by Tupelo and the handful of other widely heralded cities served by the TVA." Thus, the TVA, Instead of benefitting private utilities, ia depressing the value of their securities, at the expense of thousands of investors, and ia depriving the consuming public of rate reductions that would otherwise be made; And this ia on top of the fact that the TVA is subsidised by every taxpayer in the country, in practically tax-fre- e, and la imttnaie from state regulation It is now being advocated that similar authorities be established on the Columbia river and other areas where Federal hydro projects are underway. If that happens, God help the investors, taxpayer and power consumers of the nation! .... . 3-- ECONOMIC $16,580,000,000. HOME Even as the approach of fall stim- OF GOOD THINGS TO EAT. ulates business, it stimulates politics Both parties are preparing fog the big drive now. The candidates are limbering up and during September and October will really go through their paces. First guns from the London camp came with his speeches on education end taxation. The Governor denounced the teachers' oath, spoke for free education. He vigorously denounced the Administration's tax and fiscal program and paid special notice to what be termed the cockeyed" excess profits tax enacted at the last session of Congress at White. House request 'Republican' strategy, according to observers, calls for only a few formal speeches by Governor Landon. He will travel about the country and make informal appearances. Many speeches will be made by Colonel Knox, a much more impressive radio ' speaker. The Roosevelt campaign has not the really gotten underway yet President apparently feels that it would be a waste of energy for him to do a great deal before October. His tour nf the drought section however, gave him a chance to be Ml SactiM 1. Ceastitatira Ratafias erana, will be spent thia fall; automobile makers are now at work on new models, which will be introduced in September; stock market activity ia up; it ia believed that utilities and railroads will soon do heavy buying; building contracts are mounting: in the field of foreign affaire, world trade expansion more than counterbalances the chaotic European situation The magaxine finds five minua rigna to set against its plus signs. First, the ' drought ia causing poor distribution of farm income. Second, the Revenue Act of 1933 may re BLUE BLAZE COAL Senring s JTOMl to SECTION L That n the hb U. M falamend Sratira 1, tl Ccwtitstioe at tbs Stats at Utah w SECTION L Tbs Executive Department of shall consist sf Governor. sad Stott; SUM Auditor, Suto Treasurer hold rack at whom tkuQ Attorney-General. kit office lot tarn yenie. battalia aO the hit lint Monday af Janeary nan attar elactien. curat that tha bna id effiaa af thoaa abated at tba tint alactisa abal bwin when tha attto ahall be adaritttd lata tha Union. and shall end on tk finf Monday ia January. A. D. 1M1. Tto affiewn af tha Executive Department. durlao their tamo af office. ahall reside at tha teat sf nrarnaitnf where they shall keep the putt fie istetdh hooka and papers. They steH perfona sack dutias aa an praacrihad hr this Csastitatka and ra araj ha prtMrJbsd kv liw SECTION X Tha Secretory af Stott k hereby directed to euhmit thia proposed amendment to the ekrtoia af tha atoto at tha next tenoral eketlyn ia tha aunaer praridsd by law. SECTION X If adopted by tha aiactots af tha atato, thia amendment ahaU taka rt tha first day af January next awaatd lag a detrains tlea by tha Baaed af Stott Caavaaaeta af the trank af tha aketta designated ia Section I hwaot hoiuo , Constitutional Amendment . No; 2 Eeaalatlea Prep tn to Beatta IX af Article VII, af tha . Canatitortra Bahtins to Gnanah Appointive rawer sad the HUng ef Vacancies ia Certain Offices. (Snparin-ttadiaf PahUr Instruction.) by tha Lcgiriatare af tha la U resolved af Utah, twa-thhif afl tha elected to ear A 'Mat ) SECTION x That it k propeead to attend Section IX af Article VII. af tha OeastltBtfsa af tha State af Utah aa fW-- Igm g ta kata, aad fey and with tha asaaaat at tha Saute, appoint til State and dietnet offi- cers whew effiera art established fey thia Coaatitntian. or which way ha created by law, aad wheat appointment w election ia aat otherwise provided fra. If. daria tha MMM tbf WMUKf OHV ll any State w district afflaa; tha Governor shall appoint eoara fit parson to diaeharaa tha duties thereof until tha Best meeting af tha Santa; when ha shall nominate some parson to HU such affiaa. If tha afflat af jortks ef tha eapreM or district coart. Secretory of State, Stats- Aaditar, State be vacated Ttoaanrac, or Attorney-GenerVr death reels nation or otherwise. It ahall ha tha duty at the Governor to fill the com fey appointment, and the appointee shall bald his affiaa aatU his eaecsmar ahall be skated aad qualified, aa Bay be by law SECTION X Tha Barratary af hereby directed to aahantt thia amendment to tha elaeten af tha : tha Beat senaeal atoetien ia the i provided by kw. I SECTION X If adapted by the the atoto; this amendment shall taka i i enact the first day af Janawy next eae-asadias a datarmtatian by the Boat af State Canvassers of tha result af tha tin dee touted in flection a hereof. J . ALL OUR SERVICE IS DESIGNED TO MEET THE NEEDS OF THOSE IN EVERY FINANCIAL STANDING WITHOUT SACRIFICE OF THOROUGHNESS OR BEAUTY THAT MARKS TIIE FINAL SERVICES CONDUCTED BY THIS ESTABLISHMENT. G. W. UHDQUIST And SONS ll Elarttan in lozotiao of ToociUa lyjf Valw. EecmitiS?' Anaaal Tax far the Btott. received fey tb, LvcuUtir. Btate tl Utah. and01, w.Haara all N alii!! SECTION L That It i. . amend Article Xlll, Bcetinn J vawtl, ut tte titotira af the Stote Uu! ' BECTION the WI. to X AH tangible Btate; not exempt unwr the ahaU be taxed la proportion v n UwTj,! WiTt he ha aasartained provided hr tow property ef the United State, of tht J? counties, cities, tuwni, aehoul dhtrictaii nieipal eorpo ration cid public kto with the buiMinta theraon mtirat sively for either raligiou, aroKhip er eoT Hable puraoem, and placn of karhl w lar priva!' 55 eorperate tom flXAtil be exempt from taxation. Wu rixhta, ditches, canals, rnervoire. rr. tiaato, pomping plants, tran.mii.io, plpaa and flnmca owned and vidula or corporation, for irriaetiiwkto luk wkhla tha state owned by such iadbtta or corporations, or the individusl thenof. shall not be separately taud. long aa they ahall be owned nod rad Z dueively tar curb purpose. Pawn .-T power trnnaaimion linn and ether mm; ty need for generating and drliverimta tries! power, a portion of which le far furnishing power for pumpini M u-- fdr Irrixation purpose an bnub to Us Btate at Utah, may be exempted frua Uu. flaw to tha extant that aueh pnaarw h mad for aaeh purposes. Them niminira ahall aeeraa to tha benefit of the men water ra pumped under aueh i um d. aa tha kgbktara may pnaeribe. liw tom ef tha indigent poor may be reaiittaf w abated at such times and in uieh aa aiay be provided by law. The Hmhtwe uy provide for the exemption frm tea. tioa at homos, hoearataaoe, and primal property, aat to exceed B2.MM ia rite he homes and homesteads, and N tat pm anti property. Property not to emnf 11.000 la value, owned by dkahlt penaa whs served la any war la the military mi Ira ef tha United Stotea ar af tlw Itm af Utah aad hy tha unmarried widows iad minor orphans af each pereoas eiev to a, mptod as the lezhktnra may pravida The kglslatara ahaU provide hy km hr aa anaaal tax sufficient, with other maim of raven as. to defray the eetioutrd erdte ary axpanaaa of tha state for each fowl year. Par tha purpose of pay ini the atata debt; If any them be. the legislatara itel provide far kvyiag a tax annually, ndfi. ciewt to pay tha annual interact aad to w the principal af auch debt, withia twvsir yrara from the final pamega af the Ita orating the debt (As amended Norm-ba-r 4, I08X) SECTION X Tha Secretary SUte h hanky dlracted to submit the pmpmd amendment contained herein to the tlecun at the atato hi the next general ehetim is the manner provided hy taw. BECTION X If adopted hy the ebetai of tha state thia amendment shall tow et on tha flint day of January ant no seeding a determination by the Rond d State Canvamcrs of the result of the dm . tioa designated B section I hereof. i ?.,?? " TS yara J 7?l!6klytJLB---- I No. 7 OVERTIRING LAW PEOyOBEDiTOBBNAUTED BT FOR Westlngliouse MORE PER HEAT POUND art to amaad is j & IT IS CHEAPER TO USE BLUE BLAZE NUT COAL BECAUSE IT DELIVERS MORE HEAT PER POUND. AND THERE IS LESS ASH AND SOOT BECAUSE BLUE BLAZE NUT COAL IS CLEANED! ORDER SOME TODAY. - FURNITURE CO. Logan, Utah Phone 27 Its ilu. Impropar conduct, ar convictioa rf any. ta . IX Violating w aiding other, any of tha previaioaa of tha Be-- M-jAA-m- g act A wended praetka IX Rafaaiag tha Depart merit of Rra Utah. 1NX tha Stats Board of Hra Ik. ttm ra tratlaq te Adra officara w employes, access to kto ra hutrumeiita. 744- - Revisod kbomtory. aqaiptaeat at ra tlSr af pHaneaa ra aupplim fra the parpasa amended hy CkaoteT r 1M4' W MlewaV1 to irad pectin tha mate. ra--, IX Keeping hie offiee. Initrumnla. ra -- 11 i unprafiaalooal saw- - oratory equipment, appliancts la aa Insanitary amditioa. raed to tad& IX Nathiag hernia crataiaed ra aa to prevent afra--dalyl-"" ha h, bad ra mk kg den tilt la the Btate af Utah lta hta prefeaetab exarat the qaamtim-dsfladlreetly or tmdimetly any ras a1- -; tie fixed hy tWta. ra aaa wIm prim, -j raiweVybed ra tuependsd to papers, paekdicate aUma, wda H,! ether kwM maaaa of adiwtiaw f tom pf tte kaaaa aay kind ra to treat X that afl af aarh adrarthk ehall teeth, rmw Jaws; f-U. keth ar laws. tha bbbm at tha licensed B pa specif ieally refer la rack ad vert traflnng, toethad aadac ayel 1 t SECTION I. This set toWWJ -rfire dare after tha data of tbs trake what are knows aa kmatko ky tha Governor. hml CanlSLu"1" withw,t the eoe ' ,5 (tl rnmgmeh 11 added to R1 .information aeqaired ia MCfMAfy to I. M. M. Walling. SeemUry Mti ift tha State sf UtoX da hereby aertinau hoeineae true Urn folk is a ar faraaotag trrataiiWMiideelmo .. hf MtntthfvL hh aapy af ttelnllkUra kw flhiN Bfikgy. . flaw aad to ha voted apoa at o"1 rtwto. ierepramntotkaa ra election to bo held November X 1X fate It that I farther certiry willaraj' dratti patreo- - tha affkiti ballot at tha gean 7(0, am Nor. X IBM. aadn tha a umber toHli aa aa. hernia dmlgnateX .teVSSTS'S!!- !- wt In wttnom whereof. 1 te for Great Uw afflaod hand sad my ', Steta af UtaX Ihk let day M Sepw k Dentiota it?"u AND n dJvL GRAVEL " rawi.nin .fatolralia HAULING SS? SEE , Fj" Hsa2ss LE GRAND T JOHNSON 207 EAST 3 NORTH PHONE 924 W.H.Roskelley -- tachutw'll V1 Laws 1'j SARD OF GOAL! REFRIGERATOR At. Logan, Ulah Coal Yard tSL mh a y " WtfirtFi. - eaLttotSrSr aaftt to praetka dmitteiy; RaJtivdkg dhhaaorahk 'K y..Vra Ainendusmt No. 5 rmil E Wesl 1st Ha. Constitutional Initiative Amendment OPERATION from this Hermetically-seale- d Mechanism developed by Wettinghouw research and experience. Why take chances when you can be euro with o dependab'.: Golden Jubilee Westinghouse? CRYSTAL BOTTLING k A Joint Baaalatian Prapaslaq an Amend aunt to Bertieu X at Article X. ef the Conatitutional Amendment Craatltatira Xclatlny to the Btate Board I No. 6 af EdneaUsn. (Bapnfntandant af PafeHe A Jslal Besolntica Piepesiag to Amid . lnrtrwtin ) Sartisa X Article VI ef the Ccnslitatoe Ba N rasa!rad ky the Lsffalatsrs af the f UtaX Relating to Campcamtim atato at Utah, two-thir-d, af til tka Mem ben af tha Legislatara; Ba k resolved hy tha Lcgielatan if Be State ef Utah, two-thirBECTION of all the amL That k la propmad to bers elected to eorh af tha two torn, amrad Section X af Article X. af the af the Btate af Utah, m follows: voting In favor thereof : BBCTION X Tha stnerti aratral and BECi'ION x Tint it h prop Olid to wratiafsa af the Publie School Syitem amend Seetka X Artlck VI. af tht ta vested In a State Board sf Eduaa-ttosf tha Stale of Utah, as foilsm: SECTION X Tha members of the Lec tooaietlna af aueh peraone as the latum shall rocaira such par diem aad mk The Secretary af Btate la age aa the Lex ia latum any provide, ml ttlTO XWJWtide; tie a hereby directed to submit title ceding sight dollars par day ameatant to the electors at tha atato at par mile for the distance necessarily gatag to aad ratarning from the pled ta fc ef meeting oa the most usual mule, sad SECTION X If adapted by tba they ahall native aa other pay er n tht tata, thia uinidmat ahaU taka ct the firat day at January next SECTION X Tha Secretary of Stite b ta a daterniiutioo fey tha Beard of hereby directed to submit this pnaad wumendment to tha alectori of the sum A the tea alt at the clcc- ".Uto.clwthe acat general election in the warn designated la Section 1 hataof. provided by kw. SECTION X If adopted hy thr dated Constitution 1 Amendment af tha atato, this amendment shall take foot j tha tint day af January, 1M7. No. 4 A Jakt Beashrtlaa Pnpaaiag aa Amaad--e- at of RjetoeJ toSratlra IX Artlck XII at the L M. H. Welling. Secretary Caaatltatlsa af tha Btate af Utah, Bela I. the State of Utah, do hereby certify and ww true ia tha a foil, foregoing a LkMlitoaf BtoeklwMan af Batin. Ameadaeaa W the Legistetan at the espy at tha six Constitutional propmad hy the regular Malice of the ay Btate at Utah, a af all the ialatum of INS aa the asms appears A fern elected to each af the twa record ia my office totiag to farm thensfi ha BBCTION entity that they will erPr-tit fl$ nmnowj to I farther tha general ebetra at ballot official rararf Section IX Artlck Xll.afthaCco-stitatiofi aad l of tin State af Utah, to that the No. X 1MX under the number . herein designated. Ill read as follows : hrreunto hew w In witness hereof, I tk LaglaUtura Reel A my hand and affixed the Great Uw that tha atockholdtra any ia tha State ef Utah, thia 1st day of XV, rarpocatlon araanixed tor banking th af any ora w more tember. 1NX atoek issued hy any aaeh wwntiim. to addition to the amraatti and tally paid Jjkl etoek aahaeribad r JhtartmUha kdi vidua Uy naponaikk St amaaat not exceeding the rawmt af thetr etoek In rack eorporathm. Secretary sf State QMl m their stock of uy Hrti FOR YEARS thousands of owners have enjoyed ECONOMITROUBLE-FRE- 80 Tha Csvaraar ahaU IX SECTION m tf-h- pp? ho poMiahad tiitf- a- n4 to be .JbSiiSd & to the Sum af tha state at the next Drawl Mu I. the Iirw, XraiSrara aad Dalits at Offiaere. (Sepertateadesl tl fablie loatroetieo.l of tha auto, thia proswaad mrwjP-t?lrto- i Da K rOMtrcd by tbcUtialltys at Me af all the toem gtaU af Uak twa-thirelected to rack krara cratantas Sts? TO? Logan, Utah 72-74-- sf the to ell Ih f MORTICIANS CAL VIL Conatitutional Amendment No. 3 , - HIGHLIGHTS As fail approaches, optimism ia still the dominating note in the business reports and forecasts. Many quarters feel certain that during the next few months business will reach the highest level aince 1930 and, possibly, since 1929. Interesting "Scorecard of Fall Prowas recently published by spects Business Week. According In this authority, there are twelve nuyjr plus signs now in evidence. These include such factors as the following: Business' inventories are generally low and need replenishing; No. 1 1 Mat Beatiattaa Emra1 4 Artlek p- THE MAIN CAFE jnlor dots to auch debts and Uabilttiea aiixortim J" BECTION X The SaeT dlracted to raus thia IL Constitutional Amendment ; Adverlioing Ratos Will Be Made Known Upon Application TVA Constitutional Amendment s . , .? j - Matter WHAT seen and keard. And course, the Democratic mgtaaita. working 24 hours a day, every effort to bring the Roosevelt column, J states into of , Friday at Southfield, Utah Entered at the Pantofflce at Smithfield, Utah, aa Second CUu Mail .. Mto other business pub- - f , wtofoMMtowJM iition'toton XcHtowrr.fV-v.frvO- r, oWteniMV-, m liX TThSfvotis. |