Show TRUTH NO OBJECT it is an old socialist stratagem to attempt to mislead and delude the public as to the true facts about private enterprise A prime example was recently aired an idaho electric utility wants to undertake a big and needed hydroelectric development on the snake river the socialist minded groups are fighting this tooth and nail and want the government to do the job on a tax free tax subsidized basis As part of their campaign they have stated that the utility representative senta tive of local sentiment and aspirations because most of its stockholders live far away A U S senator described it as A new england concern headquartered in maine having few if any stockholders west of the hudson river what is the truth the utility has made the record public it is owned by stockholders of whom percent live in the 11 western states forty percent live in either idaho or oregon as do all the companas comp anys officers and directors only 15 percent of the stockholders live in new england no doubt the senator was misinformed and made an honest error but its probable that this baseless charge will be repeated over and over again |