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Show The Salt Lake Tribune Trooper Traded in Badge to Help Develop Twin Falls - TWIN FALLS Michael Dolton had been an Oregon State Patrol trooper for five years. The work was tough. But pay and benefits were good. He liked a career that began when he was an Air Force National Guard policeman at 18 and had included service, at age 21, as chief of police of New Plymouth, Idaho, the youngest police chief in the state. Then, as he puts it, there was that altercation in 1979 with four drunken railroad workers. I won the battle but lost the war. He ended up with a broken jaw, and paralysis of the right shoulder and arm. The patrol retired him. He returned to Idaho near where he had been born, son of dirt farmer Jack Dolton and his wife, Lillian. Midst therapy for his paralysis, he began to do volunteer work for the nearby Payette Chamber of Com merce. In 1981, the Twin Falls Chamber of Commerce, then in finanical straits, recruited Mr. Dolton as executive director. It was not an easy decision to go to Twin Falls. His physical condition was much improved. The Oregon patrol had asked him to come back on board and the starting salary at Twin Falls was $10,000 less than on the patrol. His wife helped make the decision: She had been tired of the waiting, wondering and worrying when he had been in police work. Take the chamber job, she said. . Enjoys the Work a good choice. He enjoys the work. And the biggest hazard, he isays, patting his stomach, are the It was many chicken, peas and gravy luncheons he attends. Even so, at 36, and he carries his 240 pounds well. Ard he apparently has carried the chamber job as well. Though Twin Falls is the fifth largest city in Idaho, its chamber with 675 members and a $200,000 plus budget is now the second largest in the state. He also is president of the Idaho Association of Chambers of Commerce. Mr. Dolton also has scored some coups, including mending a rift between Idaho Democratic governor John Evans and the essentially Republican community of Twin Falls. . ' He also made a personal goal to see that a hosiery manufacturing plant, closed in 1980 after 10 years of operation at a cost of 450 jobs, would be reopened within one years time. A year later, a cellular telephone equipment manufacturer was in the empty building, resulting in 350 jobs. Proposed For Banks By Kenneth B. Noble New York Times Writer - WASHINGTON Federal banking regulators have proposed new rules that could make about 700 of the nations approximately 15,000 commercial banks raise hundreds of millions of dollars in new capital. If the rules are made final, they require banks, for the first time, to maintain a ratio of primary capital to assets of 5.5 percent. The action is in response to congressional concern about the stability of banks with large outstanding loans to underdeveloped countries that are having trouble repaying them. During last years debate in Congress about increasing the U.S. subscription to the International Monetary Fund, there was criticism that American banks were being rescued without being held to a high standard of prudent management. When Congress appropriated the money for the IMF in November, it directed banking regulators to impose minimum capital standards on the banks they regulate. A banks primary capital includes money or some types of securities that have been invested by shareholders. These resources are considered a cushion that protects depositors if loans go bad. The Federal Deposit Insurance Corp. proposed the new regulations would pretreatment We will welcome, help, support, but we wont give away the farm. Meanwhile, the Idaho Association of Chambers of Commerce, he said, has been pressing the Legislature to increase funding for the Idaho Division of Economic and Community Affairs, now $338,000 annually. The Legislature, essentially conservative, he says, however, has resisted on general grounds that increased budgets means increased taxes and will make Idaho less attractive for industrial location. But Were still near the bottom in taxation. Nobodys stampeding to get here. What business is really looking for, outsiders have told him, is not so tax base but a good much a super-loinfrastructure for their companies and employees roads, sewage treatment, parks, schools, colleges, sporting activities and educational facilities. Taxes are a consideration, he said, but they are secondary to need of support facilities. The Twin Falls chamber has pressed on its own with an industrial-sit- e fund through which it has acquired 39 acres. A $1 million grant enabled it to increase the total to 55 acres. It has an option for 90 acres. Mr. Dolton and wife Cindy they met when he was a high school football player and she was a cheerleader have two for the opposing team sons and a daughter. Robert H. Woody w economic-develop- ment Tribune Staff Photo by Robert H. Woody Michael Dolton traded in his badge for the chance to rehabilitate Twin Falls as exec- - ative director of Chamber of Commerce, and has made it the 2nd largest in state. Bitter Strike May Take Toll on Timber Unions - bitter ertioncutsa lower with starting wage and the products operations strike against the nations will other PORTLAND, Ore. (AP) of A second-large- st timber company may weaken the future bargaining power of timber unions, labor leaders fear. A year-ol- d strike by 1,600 employees at 19 Louisiana-Pacifi- c Corp. operations is dragging on through decertification elections that threaten to boot the two largest unions out of every company plant where elections are held. Union officials are still fighting Louisiana-Pacifi- c at the elections, with a product boycott and through complaints to the National Labor Relations Board. Win or lose, however, the Portland-base- d companys successful imposi wood-produc- ts J.M. Grisley Machine Tools, Inc. coTulltyo'aTes New Rules Mr. Dolton also helped press the Idaho Legislature in 1981 to pass legislation permitting local communities to issue industrial revenue development bonds. That year, of course, marked the beginning of a major recession in the nation. Twin Fallss economy is largely based on agriculture. The Prime Hurts Were still in recession here. We were beginning to get inquiries for industrial location until the prime rate began to climb again. The prime hurts." Last year, Twin Falls was a finalist with Springville, Utah, in choice of sites by Stouffer Foods of Solon, Ohio for a major manufacturing plant Twin Falls lost to Springville. Or had it? Stouffer, Mr. Dolton said, asked for tax abatements and permission to dump about 3,700 pounds of grease daily into the local sewage system It would without have cost thousands of dollars to accommodate that waste. We insisted on F3 Sunday, July IS, 1984 oth- wood give companies leverage for negotiating when the current major timber contract expires in 1986, said A. Robert Gerwig, r secretary-treasureof the International Woodworkers of America. In negotiations, the Big Seven timber companies will say, L--P is killing us, Gerwig said. Our membership knew that we were in trouble if we lost that strike. Louisiana-Pacific- s apparent victory in the strike comes at a time when the unions have been weakened by membership losses suffered during the industrys recession of 1980-8Gerwig said. In 1983, seven major companies 2, Northwest negotiated in three-yea- r contracts with the International Woodworkers and with the Lumber, Production and Industrial Workers. The companies are Georgia-Pacifi- c Corp., Boise Cascade Corp., Champion International Corp., Crown Zeller-bac- h Corp., Publishers Paper Co., Simpson Timber Co. and Weyerhaeuser Co. The contract shunned by Louisiana-Pacific boosted typical starting mill workers wages to nearly $10 an hour. Louisiana-Pacifi- c offered a starting wage of $7 an hour, rising to $8.50 after a year. The two unions walked out in June 1983. on Monday. The Office of the Comptroller of the Currency has said it also intends to propose similar rules for national banks but has not yet done so. The Federal Reserve Board is considering similar requirements. As proposed, the three federal banking agencies would be given discretion in setting dates for individual banks to comply with the new standards. In any case, 96 percent of the countrys commercial banks are said to be already in compliance with the proposed standards. Until now, banks have had no manratio to meet datory capital-asset- s In 1981 the Comptroller and the Fed jointly issued minimum capital guidelines of 5.5 percent for community banks and 5 percent for regional banks. In June 1983 the two agencies also set minimum guidelines for the 17 multinationlargest American-base- d al banks those with offices outside to maintain their the United States primary capital at 5 percent or more of total assets. Professional advice on a Home Equity Line of Credit. open house PM. 0 THURS., JULY 19th from 9 1485 South 300 West, SALT LAKE AM-4:0- Information and Quotations wiH be available on ail product lines. Featuring: mmw GMF ROBOT HURCO SOO MARK I EDM LEBLOND MAKMO FMC106 MACHMNG COTTER LEBLONO MAKMO BARON 2S TURMNG CENTER C DECKEL Demonstrations on the following machine tools. 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