Show MAINSTAYS OP OF government ENT I 1 county oregon Is a governmental unit with it Porm population lation of of whom reside in lie ho city of portland the valuation of the county for tax purposes is durins during the current beart taxes levied will total A substantial part of the countes coun tys valuation Is represented by public corporations corpora eions railroads tole iloilo and telegraph companies ex prom presa companies and power and light utilities util lUes during 1936 1933 these corporation corpor atlon wll ivil pay the sum of in taxes according to the multnomah nomah county assessor that amounts to over 18 13 per vent pent of all the taxes levied against the property in the county in other words if the public service corpora eions did not exist or if they were owned toy by government and so paid no taxes overy every other taxpayer in tho the county would have to pay par nearly 20 per lier cent more than no be does now during the past troubled years light and power utilities railroads and similar service institutions hao leon been a main mainota sta of government alion other taxes are in arrenda arr enra theirs aro are paid even though their security holders 1101 lers must forego divi donds or Inte In rort and their invest deits suffer groat great depreciation their money keeps choals going and fire and police depart ments work and all other governmental functions in many localities it has been shown during ireleen t years that wore were it not ilot for tile the tax levies accruing to local govern clients from public service cor corpora pr t it would have been necessary to 1 collect lewt a drastically increased tax on fill all other property or to greatly curtail public activities iorii to the extent of closing schools the people who anro anre being urged to wei lack government ownership of jr service concerns would do well to keep telsa facts in mind 4 |