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Show Koo1 Four THE SALT LAKE TIMES FRIDAY, AUGUST 16, 1974 MU.W1I THE SALT LAKE TIMES Caw hived with The Salt Lake Mining & Legal News Published Every Friday at Salt Lake City, Utah Second Class Postage paid at Salt Lake City, Utah " 1 1 South West Temple Telephone 364-846- 4 Salt Lake Gty, Utah 84101 GLENN BJORNN, Publisher 'This publication is not owned or controlled by any party, elan, clique, faction or corporation: Number 19 Volume 54 Conserving What? (Continued from page one) centralized and dictatorial planning and coordination activities in Oregon although this point of all land-us- e certain areas are specified, such as water and sewer sysland use protems, roads and school siting. Long-rang- e grams in Oregon, like similar programs throughout the country, are predicated on the assumption that small groups in Washington and in state capitals across the country, know what is best for the people and are entitled to impose their decrees, irrespective of the impact on jobs, opportunities and property rights. Mr. Philip N. Bladine, editor and publisher of the News-Registof McMinnville, Oregon believes it is time to establish, among persons from all walks of life, an appreciation of the factors which must be considered while improving our environment. He touched on the heart of the issue when he said basic among these factors is the . . . conservation of the opportunity for a person to obtain and hold a job and provide himself and his family with adequate shelter, sufficient and healthful food and clothing and the enjoyment of some of the amenities which an affluent society offers; and further, conservation of an atmosphere wherein men of hope and initiative can invest in the tools of production and by their skills, expect a reasonable return on an er well-payi- investment. ng . . . Mr. llladine expresses the views of all American citizens who believe in working within the framworp of constitutional liberties to meet environmental and other problems. What Capital Means To You Capital formation is financial jargon for finding the money to build the new plants and equipment needed by a growing America. In the United States, under the private enterprise system, capital formation is largely a voluntary process. Millions of individuals and institutions of al kinds banks, life insurance companies, foundations, etc. voluntarily provide funds for industrial expansion and new job opportunities. These millions of investors expect the money they have put to work to earn a fair return. Unless it does, the lifeblood of industrial development capital formation begins to dry up. No shortage can be more devastating to the future of the nation than a shortage of capital. The investor-owne- d electric industry is one of the most capital-intensiv- e industries in the country. It is a shining illustration of the necessity for public understanding of where money comes from to build the plants that keep American homes, businesses and farms going and employment at maximum levels. A single regional electric system in the southeastern part of the U.S.. for example, expects to spend $1.1 billion on its construction programs in 1974. Seventy-fiv- e percent or more of this money must now come from investors. As a publication of the com- panv savs, . . . thats a lot of monev to attract from people who arc looking for an adequate return on their investment. . . . It is pointed out, operating electric companies must have sufficient earnings to meet investor obligations in other words to pay interest on bonds and preferred stock and a fair rate of return on common stock. It is further noted that if public service commissions refuse to grant power companies needed rate increases, customers will pay an even greater price if earnings deficiencies font more costlv alternatives in Chief Justice Of Utah Supreme Court Addresses Grad Class the LEASED Some people advocate changes The judiciary branch of government in the state of Utah is in our system change for the in excellent condition, says Edward Callister, Jr., Chief Justice of the Utah Supreme Court. Addressing the graduating class of the National Freedom Academy of the National Guard at Camp Williams, Justice Callister added that the controversy engendered by recent happenings on the national scene, where members of the legal profession have been involved, "have demeaned the profession and created much adverse public reaction. All courts in the state are At the comparatively current. trial level, a case is usually tried within six months after the case is filed. In other states, years may pass before a case is heard, the quality of justice in Utah is Due to an active bar association, unsurpassed. sake of change, says Callister. But marked changes have taken place in the Utah judiciary The past few years, several measures have been adopted by the state legislature and sponsored by the bar. Among them are measures for judiciary selection, mandatory retirement, reorganization of the juvenile court, family court and codes of professional responsibility and judicial conduct. Justice Callister has served the states judiciary system since 1941, when he was admitted to the Utah Bar. He became Utahs Attorney General in 1953, after serving as Deputy County Prosecutor for five years. Appointed to Utahs Supreme Court in 1959, he was named Chief Justice of Utahs highest judicial body in 1971. Interiors National The meeting will be open to the public and, according to an announcement by BLM Director Curt Berklund, interested individuals and organizations are encouraged to participate. There will be time for a limited number of oral statements from members of the public beginning at 10:15 a.m. on September 5, Those wishing to make an oral statement should inform the Director (230). Bureau of Land Management. Washington, D.C. 20240 on or before September 3. Written statements may also be submitted to the Director for inclusion in the proceedings of the meeting. Advisory Board For Public Lands To Meet Four Utahns are on the partment of the Interiors , DeNa- tional Advisory Board Council for Public Land which will meet in Grand JuncSeptember tion, Colorado. The Utahns on the council include George Buzianis, Tooele, representing county government; Wesley Cherry, Calina, Sevier County, representing wildlife interests; William W. Cunningham of Cisco, Grand County, representing stockmen and Paul Rattle, Salt Lake City, representing the states mining industry. Mr. Buzianis and Paul L. Howard, Bureau of Land Management state director for Utah, will be on a panel discussing "environmental and multiple use impacts of the energy program. During the three-da- y meeting, council members will hear presentations pertaining to current BLM programs, the bureaus planning system, environmental quality and the scope of energy development. On September 6 the council will make an inspection of oil shale development and its relationship to other land management practices in northwest Colorado, such as range and watershed conservation, wildlife and outdoor recreation. 5-- 7, 36-mem- ber sys-ste- m. Salt Lake Countys Budget for the coming year will be up about $2 million to a total of $52 million according to Salt Lake County Auditor Gerald M. Hansen. Most of the increase is covered by additional federal funds to the county. "The county should be able to hold the property tax levy to 19.1 mills the same as last year. A surplus in flood control funds and an increase in assessed valuation have made more funds available in that department than anticipated eight months ago. GRflPEVIKt: Y A small group of Utah officials will leave for Washington, D.C., this week for a series of conferences with President Gerald Ford. The meetings are designed to give the new President a view of state and local government. Governor Calvin L. Ramp-t- o who is currently serving as chairman of the National Gov- ernors Conference will make the trip with Jack Christenson executive director of the Utah Association of Counties. Patrol officer working at the Salt Lake International Airport are needed elsewhere and more of them may be pulled from the airport beat this week. This was the word according to Police Chief Earl Jones. Mr. Jones said he has informed Airport Manager Murray Bywater that a study shows 15 city policemen working at the airport spend 95 percent of their time on security rather than police functions. Salt Lake County has been informed by a local auto dealer that they will be unable to supply truck which the county ordered from them. Richard Warner president of Rick Warner Ford told the county purchasing agent that his firm tries unsuces-full- y for many months to get a firm production date on the trucks from Ford Marketing Corp. The county placed nearly an entire $500,000 order with the Ford dealership last year but decided to split it with International Harvester, who delivered 13 heavy duty vehicles to the county this summer. .City Buliding Department officials have received bids on demolition cost for the Constitution Building in Salt Lake City but the city commissioner decided to wait another week before orderthe razing of the building. The odor of musk carried by ing Stephen the mink is very powerful and City commissioner, Harmsen, informed other the disagreeable, more offensive to commissioner that of demolition some people than the musk of a the structure cost would $60,000. skunk. financing programs. Even worse, regulatory delay in granting rate increases could force cancellation of essential construction programs. Understanding the role of profits and capital in the perpetuation of the U.S. system of government and enterprise has become a vital citizen responsibility. Despite a plea from a proponent of "no fare transit the Salt Lake County Commission this week reaffirmed its plan to place both no fare and low fare issues on the November ballot. The issue will go before Salt Lake County voters the same day as a similar vote will be taken in Rep. Samuel Taylor told and Davis counties. State mission that the ballots working gives some advantages to voters chosing a low fare proposal, but county commissioner disagreed. com-web- Where thousands of listeners enjoy concert music and news every day ! claim could save the si million annually was poj this week by the state bi Examiners. Governor Ca Rampton. Secretary of Clyde L. Miller and A General Vernon Romne they wanted more time ti the proposal by Richard 1 sley executive directors Utah Public Employes ation. er |