Show GETTING WISDOM IN WALES i Expectations Expect Reversed Moro ore Taxes Instead In te d of Lees Leca LecaIn Lel LelIn In the gas and water works lG of or Rhonda Wales were taken over overby overby overby I by the municipality In order to He I Ithe the taxpayers to consent to this they the were ere told that time tho profits which then went to the th stockholders would be ap applied applied plied toward the reduction of taxes tixel The be result has been the te O Jc reverse i of ot the prediction for both bot plants planEs have had bad deficits which have hare had bad to be bo made up by taxation although no re reduction reduction ducton has hns been made In prices cB In the last year of private owner ownership ownership ship tho the proUt on the th gas gaB works was 10 per cent on the time investment Lost Last year car there ther was a loss lose los of or which ha ha has to be lie paid out of ot taxes and which Is equivalent to Increasing the price of ot gins gaa 8 S cents a thousand feet teet Time The writer wrier I e Western Mall Mail nJ who gives hes these figures assigns u as n one omme of the causes cUtes that much less leas gas gns IB is made per ton of coal than was waR the ca case c when the te plant was under private manage management ment The result Is the more remark romark remarkable able because there are nr now no six times limes as many consumers consume as aa there were In 1630 lG The he situation In the waterworks Is even cen ev en worse In its It last year of opera operation tion Uon the company made ma e a n profit of ot which Municipal management has changed Into a n loss los of or This also alo has hns to be borne by b the time tax taxpayers taxpayers payers hut but the city has now been given gen permission to raise the water rates to figures 20 2 to 25 5 per imer cent more than those of or tho the company |