OCR Text |
Show J CLEARFIELD COURIER, June 6, 1 979, Peg 2 How long can you go on spending more money than what you make TO TOE EDITOR: How long can you go on spending more money than vou make? How long can The United States of America spend more money than its jets? Twenty nine States U.S. Is Hurting Itself In Foreign Trade, Says NAM WASHINGTON America is hurting itself in foreign trade, a nationa, business spokesman said, and called for corrective surgery in extending the life ot the Export Administration Act. The emphasis of the government billion surplus to a deficit ot has been to limit U.S. exports, usmore than $5 8 billion ing such limits as an inefficient club In 1970, Germany moved to achieve other foreign policy ahead of the U S. as the goals, rather than boosting trade as world's leading exporter of beneficial in itself, said Robert manufactured goods and has McLcllan. speaking lor the Nawidened ns lead since that tional Association of Manulaclur-ers- . time. In order to redirect the emphasis In testimony prepared for the of U.S trade policy in the direction Senate Subcommittee on Internaof encouraging trade rather than tional Finance. McLellan. chairman ol NAWs International Trade restricting it, the NAM spokesman Subcommittee and vice president ot urged a number of changes in the law. FMC Corporation, said: "It is important that we all make Cut Red Tape an effort to drop our He said much could be done to national feeling of superiority and secut the paper work and red tape that now delays sometimes by more curity regarding this country's prethan three months eminent role in the international the granting ot economy The stark reality of the export licenses "In an increasingly current situation is that the United competitive world market place, these delays can and very often do Slates has increasingly serious mean the loss of sales to foreign problems competing in world markets and we can no longer afford the customers. The impact of such losses not only registers immediateluxury of treating our international trade interests as the poor ly, but can rebound again and again to nearly every other foreign policy in the form of future orders not or domestic political consideraplaced with American companies tion." and foreign business not sought by U.S. firms." said McLellan Problem is Serious McLellan then spelled out just He faulted the current use ot how serious an export problem export controls as leverage in America faces: achieving foreign policy goals such The U S. sustained a record as combating terrorism, countering trade deficit ot more than $28 foreign boycotts, and promoting billion in 1978, resulting in human rights, saying". . thisex-por- t control rests on the presumphigher unemployment, dollar weakness abroad and growing tion that U.S. exports are a benefit inflation at home granted to other nations. The decline in the U S trade "The realities are different With balance in manufactured goods very few exceptions, world comwas more significant last year merce does not exist in a seller's than in oil in accounting tor the market and U S. products are seldom so unique and ol such fundalarger trade deficit The trade position in manufacmental importance that a nation w ill tured goods, which represent alter its basic policies, especially il of the dollar value they are internal ones, in order to ' ol U.S exports, generally has buy American products ' been declining since 1965 McLellan cited cases where In just the three years, Irom Washington has curbed exports to a 1975 to 1978. the U S trade country lor foreign policy reasons account in manufactured gixxls while at the same lime continuing to allow imports Irom that country dropped from roughly a $20 long-hel- d step-chil- d two-thir- . ENTERPRISING YOUTH FACES RUTHLESS RULES Legislatures have already called on the Congress ofr an amendment to the Untied States Constitution that would make deficit spending illegal. As soon as just five more States ask for it, a convention MUST be called to write an amendment to balance the Federal budget. The big spenders are worried about this. On March 16th, a lot of them met behind closed doors in Washington to plan how to get around the will of the By Edwin Feulner Want to know how hard it is to make an honest buck these Sam Graves of Glendale, South days? Just ask Carolina, near Spartanburg. Sam Graves is the son of James B. Graves, Jr., executive director of the Foundation for American Education, an organization strongly in favor of teaching our young people about the working of the free enterprise system. Unlike a lot of youngsters who spend their teens rebelling against their d young Mr. Graves deparents, the cided to forego a college athletic scholarship in favor of going into business with his brother, Jim. The business: Graves Moving Service. Unlike traditional moving companies, the young Graves own no trucks. What they sell is themselves. You rent a truck, customers are told, and Sam and Jim will pack you up, put your furniture on the rented van, drive your goods over to your new residence, and put the furniture in place. Of the 36 families they have moved to date at rates considerably cheaper than conventional, regulated moving 131 have rated their services excellent," companies while the other five have rated them good. (They provide each customer with a job rating sheet.) This should be encouraging, since Sam plans to use the d success to support himself when he gets married he says. this June. Thats why I started the business, trouble. all the of the cause Shes What trouble? Well, it seems the rest of the states moving companies regulated by the state Public Service Commission, the same way interstate movers are regulated by the Interstate Comfeel the Graves operation is unlawful. merce Commission the And they want boys to stop. But Graves argues, I am not a moving company; I am a moving service. people. If the Constitution of The United States America is amended limit spending, a lot will have those work for a living, instead Big-Sho- ts of to big-enou- of to of fleecing us. Now, spending is fun, and spending somebody elses money is the most fun of all. The politicians do not want to balance the budget, But they can see that the people will soon force them to. One has Senator 1 hard-earne- proposed something that is more to his liking than any amendment a Constitutional Convention might write. It is 'Senate Joint Resolution Two. Senate Joint Resolution Two sounds good at first. On line five it required Congress to Seek to Assure they dont spend more than they tax. But note that it does not make them stop wasting our money. They just have to Seek to Assure (Translation: PRETEND). But Senate Joint Resolution Two would REQUIRE Congress to RAISE OUR TAXES to cover their wild spending. That is how our politicians treat us. We ask for bread and they give us a stone. We ask for tax relief and they give us.. .a fraud. Write to your favorite Senator for a - ATTCHnerJ LATIDlCnDO: Wo havo tenants for 1, 2, 3 8 4 bod room APARTMENTS HOMES MOBILE HOMES Ron! would bo partially subsidised on a ono yoar loaso. For mora information call Suosan Valdoz at: 776-1- 1 to moving positive development of a plant for extracting oil from shale deposits. Congressman Gunn announced McKay (D-Uta- h) Read and use the 80 .r290-267- 9 DAVIS COUNTY HOUSING AUTHORITY want (EQUAL HOUSING OPPORTUNITY) ads DAC3B PDC3DK Ul Thurs., Fri. & Sat. June FQG3 7-8- -9 daughter of Delvin and Dalene Read of Layton, enjoyed the shine the best she could on one of the recent sunny days. DEBBIE READ, Featuring: Breakfast Special 0 Luncheon Special 2 Family Dining 175 E. 200 So. (Old Post Office) Clearfield, Utah 8401 5 Tel. 773-93- with Good Home Style Cooking" 85 Breakfast Open Dally 6 a.m. BANQUET FACILITIES AVAILABLE - the issuance Opportunity design and struction of of a Program Notice for the potential con- a commercial-scal- e surface oil shale module. McKay said $15 million was appropriated by the Congress in Fiscal Year 1979 for the at his request program, but for a number of reasons, the initiation of the program was delayed. I am pleased that the delays are now ending, even though I had to push Energy Secretary Schlesinger and his deputies in hearings in early April and this month to get things off dead center. We cannot afford to sit back as our energy supplies dwindle and leave untapped a major new source of oil, I, he said. The money was apd propriated for a demonstration of oil shale technology. The DOE anticipates awarding multiple cost-share- PEPSI & COFFEE Sunday 8 a.m.-Bp.- contracts to design several types of oil shale retorts, or vessels in which the shale is heated to release the oil. Oil shale must be heated to at least 900 degrees F for the oil to flow from it. McKay said, Up to 700 billion barrels of oil, many times greater than the proven reserves of Saudi Arabia, are thought to be e recoverable from the oil shale deposits in high-grad- Utah, Wyoming and Colorado. These deposits contain 25 gallons or more of shale oil per ton of rock. Two tons of shale, about the volume of an office desk, would yield more than a barrel of oO, or about 42 gallons, McKay asserted. Although exact sizes will be determined by the initial designs, the first module could produce as much as 10,000 barrels of shale oil per day, McKay continued. sun- FOODS announces DISCOUNT on all itoms oxcopt vitamins & protoins 20 Thun., Juno 7th Tuoi.. Juno 12th 370 So. 500 E.f Clearfield, Utah (LAKESIDE SHOPPINQ CENTER EAST) Below the Disco Tel. OPEN: 10-- 6 825-600- Daily 1 except Sunday u Total cost of the initial facility, should construction be authorized, is estimated to be million, $150-$20- 0 depending on the exact size and complexity of the and chosen process assuming that an oil shale mine must be developed. If an existing mine is used, construction costs would be in the range of $75-$10- million. 0 oil would facilities shale probably link several of Full-siz- e these modules together, McKay said. The program puts the government and industry in a partnership for the initial production of shale oil, with contractors sharing sub- stantial portions of the costs of the projects. McKay said contracts could be awarded by December and actual designs of the module would take about a year to complete. Gam sees solutions to gas shortage D.C. -- include These said. removal of government controls from the marketof a complace, development alternate sources of energy, longterm actions, especially and reasonable conservation getting the government out efforts, he said.. of the energy business, U.S. Federal interference in the Senator Jake Gam energy industry in the form said today. of artificial price controls, If Congress and the allocations and entitlement President are willing to take policies have totally the political flak, there are distorted the market and WASHINGTON, The gas problem Americans today overcome through bination of short-an- d facing can be (R-Uta- h) WATTS H&TUHftL HEALTH And, as such, he is able to save his customers lots of money. We hold costs down every way possible. As a non moving service and with our low overhead, we can save our customers up to 40 percent on a move. You rent the truck. Graves does the work and the driving. We'll move you across the street or around the state. Not a bad sales pitch! The new idea has become so popular that Sam and Jim have had as many as eight moves in some 'weeks. His dad says that the new moving service was bom after the young Graves became fed up with his job with another moving company. He liked the work, but before long he was coming home with stories of . . . exhorbitant charges, furniture needlessly damaged, unnecessary delays, unkept promises and so forth. Sam thought he could do the same job and do it better. "j , t Sam also learned, in the process, that it is not competence that determines what the other companies charge, but bureaucrats. . . It is state and federal . regulatory agencies that establish the high costs of moving, his dad notes. Thereby, they also destroy the incentive which unregulated businesses have for consulting the interests of their customers in other ways the very customers, that is, whom these (government) bureaus are supposed to protect. In other words, our American moving industry has little connection with free enterprise. It operates on a principle of government assured profits." This is not to say that most moving companies dont do a good job. In my experience, most of them do. It is to say that laws which restrict competition and bureaucrats who would put young Sam Graves out of business are not in the public interest. As we have seen from the airline industry, maximum competition inevitably leads to better service at lower prices. Which is exactly what the young Mr. Graves hopes to offer. Though it is still a few weeks until we know the final outcome of his fight with the bully-boy- s of the Public Service Commission, we wish him well in fighting for the traditional American way. Note: Unlike many stories we offer you from time to time, this one appears to have a happy ending. Our latest report from Glendale is that the Public Service Commission has apparently reached its decision in Jims favor! Chalk one up for the good guys. (Feulner is president of The Heritage Foundation, a Washington-base- d public policy research organization.) state-regulat- Could oil shale be an answer? WASHINGTON The Department of Energy is 240-poun- o, some solutions which could relieve the present crunch as early as this summer, Gam said. Basically, this would mean relaxing the governments regulatory grip on the and production distribution of energy. ' Gam favors the temporary relaxation of air quality standards, but not enough to violate primary or secondary health standards. If the American people were given the choice between increased fuel availability and rigid air quality stan- dards, would Im certain they agree that a tem- porary relaxation is in or- der," Gam said. I am confident that America can return to an era of plentiful gas supplies, If we begin to take necessary steps now, the he Gam stifled competition, said. The Department of Energy, with its budget totaling more than all the of combined profits Americas oil companies last year, has only succeeded in further complicating our energy woes, he said. The DOE is a morass of contradictions, one year requiring conversion to coal, then the next year changing to oil, and then back to coal, Gam said. On top of that, you have clean air standards that wont allow the use of coal. Its a horrendous example of Inefficient federal management, the Utahn noted. Gam also strongly criticized the governments entitlement policies, which have forced many smaller oil companies to depend on foreign oil. One smaller company had to pay $55 million to one of the giants to make up for the higher cost of foreign oil, he said. It makes absolutely no sense whatsoever to penalize domestic companies for producing less costly oil, but this is typical of the illogical the federal approach government has toward energy production. Until the government gets out of the energy business this nation will never turn the corner in solving this most critical problem, he said. Gam has long supported the decontrol of crude oil prices, and was encouraged by President Carters announcement to do so. In response to the common complaint that the nations present shortages are the result of collusion between oil companies to force higher prices, Garn said. It might be easy to blame our current troubles on that one group, but it is neither reasonable nor accurate. While the oil companies certainly are not blameless, I believe the major culprit in our energy problem Is the federal government, he said. Garn of legislation is a which would levy a 90 percent tax on oil companies excess profits if they are not reinvested in energy development. Possible long-ter- m solutions include development of alternate fuels such as tar sands, oil shale, and coal - all of which are plentiful in Utah, he said. Estimates indicate Utah contains coal enough low-sulf- reserves to power this country for a few hundred years, Garn pointed out. Yet when you have a government whose red tape required a 5 to 8 year delay in opening a new coal mine on public lands, you are not encouraging coal production. The tar sands reserves in Utah could equal the oil reserves of Saudi Arabia, he added. But the red tape is constantly development. inhibiting its Tax cut for elderly Washington, D.C. Congressman Dan Marriott a bill that would provide a federal income has tax credit to all Americans 82 years of age or older equal to Increases in property taxes and utility rates. The Older Americans Home Ownership Act would promote the ability of older Americans to retain their homes and maintain their financial integrity, Marriott said. The Utahn continued, The greatest burden of inflation has fallen on older Americans who are living on fixed Incomes. Increasing these Individuals are finding it necessary to deplete their life savings in order to meet the daily costs of living and maintaining their homes. Marriott said the bill would provide a refundable credit against income tax for increases in real property taxes and jtlllty bills to who have attained the age of 62. "Specifically, the credit will be allowed for Increase! In state and local real property taxes, as well as increases in electricity, natural gas, coal, and home heating oil costs, (R-Uta- h) Marriott said. |