Show V 6 THE RECORDS BIRTHDAY WITH this issue the park record enters upon its lift leth year or of service in park city forty nine years ago this month the paper was issued for the first time in a log building on the site now occupied by the julius frankel clothes shop and it has been struggling along ever since missing a single weekly issue like all other business enterprises terp rises the record lias has had its ups and downs ever striving however to serve sene the public to encourage and build up the one great industry of our community mining min trig always advocating public improvements the enforcing of law and order and making better our home caty endeavoring always to give the news in a fair and impartial manner commending what in our candid opinion was wag right and helpful tor for the community in general and fearlessly con damning what was wrong tong and hurtful tor for its best interests how well we have succeeded Is for others to judge tills this i same policy will hilll be continued as long ns as the present management has control no we are not rich not even w m irbin ft a million miles of being so neither are we ne ty stricken just moving pleasantly along alone enjoying life and endeavoring to give serl serece ce our bank account would now be m much 13 c h stronger had we received the patronage we think we are arc justly entitled to from the rich enterprises of 0 this great mining district but the greater part of the work goes to bigger outside printing plants and we smile on while visualizing what might have been on this our birthday we extend greetings and thanks to our many friends and patrons to our enemies we wish every success and happiness GOOD OLD TIMERS THERE is a communication in another part of this issue from sirs mrs genevieve Genev leve wilson mixer a former well known park city lady calling attention to some of the old timers whose names should not be omitted when aril an tiling thing pertaining to the early days of good old park city Is given publicity the editor earnestly and enthusiastically endorses every word said by the lady of the rev father galligan and dr C ll 11 gilron and the still practicing dr G D gregor the writer virster knew them and associated with them in the early days knew and appreciated their worth as many hundreds of other old timers did and praise for them should always be featured whenever reunions or celebrations of old times of park city occurs these are only three honored names of many of the early days of our city bilios services aided materially teri ally in the up building of our community and whose names should be engraved in gold on the honor roll many of them have passed on to the other side but their memories are cherished by those left to carry on all honor to all the old timers and may none ever be slighted or forgotten when alien demonstrations in h honor onor of the old timers such as t the h e successful event of last night THE fol following loning from the salt lore lake tribune applies to park city as well uell as to any other city in the state or nation dullness business concerns of any kind or cha character acter which cannot be profitably conducted without violating the law should hull be placed under the ban and the city commission can turn the trick simply by reful refusing ng to issue licenses to any an and all doubtful characters THE deseret news neils sills the Vola tead act and the prohibition cause generally will III be linin immensely emely strengthened in public estimation when alien the party mho buys illicit liquor Is regarded as an accomplice nc and a lan lawbreaker breaker equally liable with the man who ulio sells it SAYS an exchange no doubt sir hooker has become convinced by this time that a carpenter ba has s a muck much easier time than a president elect in building a cabinet WE BELIEVE alth many of the earnest advocates of prohibition enforcement that herbert hooker can enforce the law it if he rally wants to and the record believes lie he wants to and will do so determination to do a thing will accomplish it and all it lacks on the part of state and county and city peace officers Is the he determination to enforce the laws be it the prohibition law or any other AN investment opportunity advertising Is an investment As such it should tie be regarded by every intelligent tell igent business man the man who invests five or ten dollars in advertising and expects to double his money in twenty four hours Is doomed to disappointment disappoint point ea eat tor for such investments exist only in fairy tales advertising Is an Ini investment estment that eliat always 1 ays pals pa s a good interest yield on the money so invested in addition it enlarges the capital value of the business advertised considerably more than the amount of the investment it if you yon feel that there may be some truth in ahat lie e say mr merchant give it a trial but dont invest 50 or invest at least just as you would if you bought some stock or bonds then devote some attention to the preparation pa ration of lour 3 our advertising at the end of the year it if you realized at least 60 in interest from this im investment estment and it if 3 ou cant sell your business for at least more as a result then well refund every eiery cent of the money you have put into advertising has anybody ever offered you a better investment than this MAKE ALL PAY TAXES IN AN editorial discussing the custom of exempting municipally owned utilities from taxation the san francisco chronicle says that even it if all the public utilities were municipally owned the unequal distribution of taxes would remain it would be even more unequal the other sources of 0 state revenue would have to pay the huge sums of tax money escaped by the utilities no one can dodge his share all the state taxes are paid by the ultimate consumer this exemption of municipally owned utilities leads to other evils it provides one of till the means by which publicly owned utilities hide mismanagement and excessive costs ontario hydropower Hydro power Is just continued on page seven imm i MM 4 EDITORIAL 1 A 4 ma M 4 io et Z M I ea continued from page four now to the fore as a striking example the people of ontario have learned that the low power rates they used to brag about have been kept low by higher tes taxes they are faced now i nith ith the pros of raising raiding their power rates or raising their taxes sonic some more cy by the full amount of the taxes their publicly owned utilities flo do not pay and which hale to be made up by the people in their own taxes the public Is 19 kept from knowing the true state of the utilities tile only fair and economically sound method Is to tax publicly owned utilities on oil the same basis as every similar property MIXING BOOM GAINS MOMENTUM SELFISH detractors of mining stocks must be quite peeved the soaring antics of the numerous numer ous mining and smelting smelling sm elting shares listed on the new york stock exchange and other exchanges along the atlantic seaboard says denver mining lining and financial rin ancial record the bond men and the bankers have been preaching the gospel that mining shares hares are poison po laon to investors they have been doing I 1 0 this for so long that tha I 1 it mut must ome come c hard for them to eat crow we in the nest know that eiery mine was once a prospect and that there are prospects under in the nest aest that may later enter the exclusive portals of the big board the supply of metals metal coming from the mines and the demand for these metals me itala regulates metal prices and to a certain extent tile the market price and dividends dilden ds of listed stocks tile the fewer feier prospects that are financed and developed into mines more limited is the amount of the new metal production coming into the market you may be sure therefore that tile the mill mining illg companies that have attained success are not abent tile the little company that Is trin 17 ing to climb the ladder nor are the big companies opposed to restrict restrictive ile blue sky legislation that presents small companies from financing the thinking investor knows however bo uever that higher metal prices add to tile profits nt of Infill mining ng companies large or small if promoters cannot personally solicit stock subscriptions in blue sky states they can reach Ini investors estors through the malls mails in those states Neis newspapers papers like the record reach investors all tile nation and it Is through advertising in such publications that prospects are arc financed and new mines developed in former scars 5 cars promoters sought out investors ve now the investor seeks out the promoter of tile the legitimate prospect healing metal shares on the new york stock exchange are nix an excellent adier for the mining industry and show the possibilities of prope prospect ct stocks A new army of mining Ini investors estors Is being built up as a result |