Show CHANGES ARE NOT WITHOUT SACRIFICE As long as bis big business railroads electric and telephone companies and other public utilities were given a free hand and protected from competition public or private they were ruthless reckless and greedy they squeezed out the small competitors administered copious quantities of water to their stocks set up one capital structure as a basis for taxation and quite another one for the assessment of rates to pay dividends on watered stocks and otherwise by highhanded methods of finance including the formation of gigantic holding companies oppressed the people to the point where the federal government was forced to take a hand for the protection of the consumers this resulted in the formation of the tennessee valley authority the columbia river authority the boulder dam and other government financed power generating projects As a result of this government competition a wail is now going up from such autocratic corporations as the commonwealth and southern in relation to this great injustice and they have even offered to sell out to the government on their own terms and prices of course if these concerns had been contented to do an honest legitimate business and had treated the consumers and investors fairly at the outset the government would not now have been in the power business it is just a case of the old story of when the devil got sick a saint he would be when the devil got well the divel di v a saint was he and if the unscrupulous utility companies i can get rid of government competition and regulation they will quickly be back at their old games of frenzied finance arid and other skulduggery no we are not moved by their wail of inadequate earnings and injustices the san juan record aims to be fair and impartial to all churches and creeds and makes no charge for notices pertaining to church activities we believe that all churches do a certain amount of good and as they are interested te in obtaining the adoption of christs code of ethics and the putting into practice of his teachings we are willing to cooperate however the all important requisite is in DOING the works he prescribed the record is pleased to note the mining activity that is commencing in this region and which promises to assume outstanding importance within the next few years the vanadium and uranium deposits of are tremendous i importance m por as they are in strong demand and the gold p placer lacer workings may develop into a real gold rush when their extent is definitely determined the uranium reduction plant at uravan cravan colo is proving an outstanding success under the supervision of J E weston the properties are owned by the dupont interests and it is their ambition to acquire the worthwhile properties of this county in which case large reduction works will be erected in or near monticello and will result in a large payroll for this section |