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Show The Enterprise Review , October 27,' 1976 Page Sb 8W Skaggs Remodeling Open for Business St-Paci- ng Skaggs Drug Centers is remodeling its former corporate office building at 1467 South Main. The 5,000 square foot structure is subject of a $100,000 modernization effort being contracted by Howa Construction Company and designed by architect Bruce McDermott. Con struction began in September and is expected to be completed within three months. Some Skaggs corporate offices, now located in Time Square Industrial Park, are expected to be moved back to the remodeled building when construction is complete. NOW AVAILABLE! Prime Business Park Office Space in South Sait Lake. 500 to 13,000 Sq. Ft. Finish to suit client. Adjacent freeway locations. Call Gregory Gunn 486-391- 1 PRICE RENTALS, INC. E IIC A SUBSIDIARY 35 CENTURY OF PRICE INDUSTRIES CORPORATION SALT LAKE CITY. UTAH 841 1 5 PARK-WA- Plaza Y Salt Lake City's newest parking lot, the Regent Street Parking Plaza, officially opened for business October 14. Located on Regent Street, (just off 2nd South between lot Main and State Street), the new 10-lev- el will accommodate 969 cars. The parking facility was under construction since the fall of 1974. Oakland Construction Co., Salt Lake, wras the builder. Beehive Parking Systems, Salt Lake City, is leasing the lot on a three year lease from Zions Securities Corp. for an undisclosed amount. Beehive also leases the ZCMI parking lot, 36 South Main street. Spaces in the Regent Street lot rent for $25 monthly or 50 cents for the first hour and 25 cents for each additional hour. Parking patrons may validate parking tags through downtown merchants. Businesses in the downtown area can purchase validations from Beehive for $35 per 100 validations. Free Enterprise Threatened by Growing Bureaucracy Continued from page lb report notes. Many feel that the regulators are not even indirectly responsible to the people. They appear to be immune to firm control by the peoples elected representatives in either the legislative or executive branches of government. Agencies of the executive branch of government are usurping the legislative function by writ- - McConahays, your diamond counsellors Exclusive , elite, elegant. Our unusual collection ofjewelry , diamonds , and other gem stones typifies the atmosphere of McConahay s. Our gem experts will counsel you on the investment value of diamonds as a lovely and lasting gift. See us soon for a personal consultation. ing rules and regulations or even that expand on the laws differ from enacted by Congress. Some specific objections brought against government which the regulators Foundation illustrates with are recorded examples that the regulatory agencies: Fail to balance benefits against cost. Issue regulations that conflict with one another. Deliberately misrepresent facts that challenge their own views. Impose an unreasonable burden of paperwork on American industry. Take arbitrary and unreasonable actions that may do irreparable harm to innocent parties. Concentrate on trivia and technicalities to the exclusion of common sense. Widespread Concern over government regulation of American life is not restricted to businessmen and aroused private Concern citizens, the Foundation points out. Many poeple in the executive and legislative branches of government share concern. President Ford estimates that the cost to the American consumer of unnecessary and wasteful government regulation amounts to $130 billion a year, an average of $2,000 for every American family. Senator Hubert Humphrey, a noted liberal, JEWELRY MEZZANINE-DESER- CERTIFIED GEMOLOGIST AMERICAN GEM SOCIETY PLAZA ET 15 E. 1st South 363-593- 6 has questioned whether bureaucrats regulations implement the laws or rather serve to impede or obstruct them. He publicly called for the periodic reviews of rules and regulations of each department of government, and for an economic impact study or evaluation of every rule and regulation and of every piece of legislation we pass. Regulation of American business and industry dates back nearly 90 years. The Interstate Commerce Commission was authorized in 1887. More than forty years later, the Federal Power Commission was instituted. in 1930. Four more regulator giants were created in the depression years, between 1934 and 1938: the Federal Communications Commission, the Securities and Ex- change Commission, the Federal Maritime Commission, and the Civil Aeronautics Board. These agencies regulate specific industries of national scope and vital importance to the economy. Their twin objectives are to safeguard the public interest and to watch over the welfare of the regulated industries themselves. Within the past decade there have appeared a large number of additional Federal regulatory agencies which do not fit into the classic pattern established by the Interstate Commerce Comthe Foundation mission, They are not points out. concerned with the totality of any single industry, but only with the specific sgement of operations which falls under In the their jurisdiction. words of a noted American this limitation economist, can result in a total lack of concern over the effects of their actions on the company or industry as a whole. . .matters such as productivity, economic growth, employment, effect on over-al-l living standards, inflationary impacts, may be ignored. Among the new generation of Federal regulatory agencies are the Environmental Protection Agency, the Equal Employment Opportunity Commission, the Occupational Safety and Health Administration, the Consumer Product Safety Administration, and others. Americans concerned with the dangers of generally do not quarrel with the objectives of the new regulatory agencies and are aware that many of the programs have produced over-regulati- on substantial benefits, the Foundation notes. They do question the propriety of placing avowed partisans in positions where clear headed objectivity is imperative for the making of sound decision, and where unsound decisions are a threat to our entire economy. |