Show PUBLIC UTILITY BILLS ATTACKED A IT Proposed legislation new now before congress and the state legislature in I regard to public I utilities is unfair and unjust and i df If enacted into law may ren render er cr valueless the investments of millions of sons persons in the cou conn- conn try ry George orge M. M Gadsby president and general ma manager nger Utah Power and Light company told members of the he Exchange club at their luncheon Friday at the Hotel Utah Mr Gadsby criticised emotional class clans legislation stating attacks have been made upon the good faith of many Y o of the power companies condemning condemning con con- them in sweeping generali ties tics se and ignoring their great contributions contri contri- to the progress of the coun lr try Regulation and not destruction should be the aim of legislation he said but if many of the present bills are enacted into law they will destroy destroy destroy de de- de stroy a large useful industry When government makes laws by commissions commissions commis commis- rather ratIer than by legislation it Is js essentially unfair r and un What justice i is there when government gov gov- ov- ov superimposes competition upon regulation ad at time decrees es that Its own operations shall te 10 c free of the regulations it imposes on private business he asked Now it would would would-go go even further he continued It It proposes not on only y to o continue to which it does not itself itsel submit to engage in competition free tree from many expenses ex cx- such as taxes which it makes private business bear but by bv the enactment of the Rayburn bill to force orce the e dismemberment and dissolution disso lution of or our company and others lik like it |