Show I PEOPLES PEOPLE'S CO CONNER NE' NE Legislature Earns I Praise Member l Says SUS Editor of The Telegram If It the legislature had done nothing more than pass a bill providing for an Investigation of ot the public utilities in Utah it would be deserving much praise The public servants servant claimed not to be able to stand recovery taxa tion After Alter it became obvious that they would not stand it Senator H. H B. B Maw pushed Into their faces a bill that they would stand It was was- an investigation tion tien of ot the utilities Mr Pecora showed us the value of ot such a n qU query ry when he pulled J.P. J.P. J.P. J. J P. P Morgan and the Van brothers onto the witness stand and asked them questions It was refresh refresh- Inc Ine to see the colossal giants flinch and cower before the immigrant Italian boy But Pecora knew where the financial czars had robbed the public And he lie showed the czars that he knew w. w The utility investigation here wi will give the public an n opportunity to see where the utility operators have marketed securities to the people when they knew that there there- was vas no actual value in the thc stock It has been said that there is not a dollars dollar's worth of equity in the preferred stock of oC the Utah Power and Light company Yet they marketed about worth of ot the stock in this territory The investigation will make all aU of this plain The companies will have ample time and opportunity to explaIn explain ex cx plain and there is likely to be plenty of explaining The public will be intensely intensely in in- tensely interested in what is brought out In the investigation WARWICK C C. LAMOREAUX I I I 1 Letters limited to lo Preference In publication ii is t zt 1 where the true name and addre 11 are arc used ased 2 Wr Write te legibly on AM side of paper only 3 one I racial and partisan barred d personal aspersions S IU not d desired ne 1 4 Writers Writer must mus u true names and r residential a dresses drewes but when desired tb will IU not be printed d. d 5 5 Political t I contributions contribution are arc not not considered considered 6 Views expressed In this depart depart depart- 1 ment are those of the contributors and do not necessarily reflect t the views of this 7 The department z may ay not be used a as a's Ill J advertising medium 8 The rt Pe v Peo 1 j pic's plc's Corner docs dou not Invite more mor than one contribution a 3 week from the same writer |