The Daily Alaska empire Newspaper, March 31, 1947, Page 8

PAGE EIGHT | praised value of slightly over $800.- SPEAKERS DISCUSS = Parsons argued that tax savings AT MASS MEETING Hidden Risks Curtis & & | fin the pur- 0'clocR hase at this hasized the sterd which has wlated duri war d since se negotia- mn. He em- is little more S 3 ] > : i Vethl - ands agaonsus ron BANEREAS 1 City's possible savings from other taxes (1946) 5;33‘833 ‘r“.’t;’l va_lu;:tmn ¢ raction of the yoq)5 600 feet of 2%-inch fire famie e 50.000 uG&:fier rl‘g Ih’ 5 0 Black. Power used in Juneau hose, two’ latest self contain- $116,602 2 .0 soing Value” . 0 u e Dl Reserve, Fihd o hileked el 310 ; 70,000 Miscellaneous items of taxes, administration and id e ek oy holds in fe- new_type s and foar Qut of Which Must Be Paid: SIS TSENE cuts Y serve 0. earmarked ' making 1 b . RN 3 . b ey new equipment | agayor Sohited 2 $ 45,000 irst payment of 20 on $900,000 bond issue $488,000 Actual Physical Value, for which you are asked essary within tWo that o itk 27.000 interest at 3 per cent on bonds first year to pay ¥ y J mine reopens, y i have to start from hard work e attention and : scratch to build up such a fund the str f every nickel in force hat AEL&P would be| the 5,000 Absolute minimum cost, all items, for floating $900Q000 gettin unusually high price ati this time, and would in addition o the present undivided profits and! “‘,“5):‘1,‘;;":’{‘:'.""1‘::” the reserve fund, Shattuck stated,! Fi m“' s ol “No wonder the Light X " wants to sell. Who wouldn't d Stabler for the "uper the completion of the pre- pared arguments, there were ques- tions from the audience. Pete Gil- “ more told of the experience of it Ketchikan, which bought its pow-| purchased. Using fi- o " onpange distribution system lack and Veatch o and telephone company all ior| year, which stated coen 00 sical value of $808,000, e ted out that there should depreciation applied to the e past year because of in property values. angle was brought into by Mrs. Hermann ested that the AEL- _ . I jBules Shitliing -on M:;"fi(‘ question of the retail depart | sl'”” be remodeled IO | ony of the AEL&P was brough!‘} = City Hall. This, she sad, up by Miss Alice Brandebury Al would mean a great saving to the 5 2 | ; 1 profit figure of $12,000 was quotedd people of Juneau, who would not have to pay for the building out from the audience for this depar!-' ot taxes ment, but was doubted by Parsons., D i ¢ 590 Nusipe Fries DAMAGE SUIT CONTINVED | Speaking for the negative, Feux Toner argued that if the City pur- The $5 chases the Light Company now, it Statter against the City of Haines | will do so at top market prices. will not decided for two more And in a few years, he said, the Weeks. In U. S. District Court Sat-| probability exists that from half urday, Judge Harry E. Pratt ord-' a million to a million dollars would ered the suit continued for twol have to be spent for a new power weeks in order that both attorneys plant if the Alaska-Juneau mine may file briefs hefore he takes the reopens case under advisement. Ernie Parsons stated that the Statter is suing the City of, people of Juneau had once before Haines and its officlals for dam voted in favor of the purchase of he claims he suffered when AEL&P. Referring to the Black allegedly placed un ond Veatch report, he said that the and imprisonmen firm of engineers had considered he was tried by ined the phy- e AEL&P They purchased a lot more for| their money, and it s sredicted that within a few years Ketchikan would be tax free. Yet the tax rate| in Ketchikan has recently been in- creased, he said, and telephoneij rates have been raised recently as' 000 damage suit by Doni e Haines City itorial offense MAYOR, TICKET be able to divide among its owners | te 'C. headquarters.” Chicago. THE DAILY ALASKA EMPIRE—JUNEAU, ALASKA DO NOT FAVOR UTILITIES DEAL Accomplishments of Ad- ministation During Past Year Listed $6 going , required much 16,000 Also, he appended: “At our r quest, the U. 8. Coast Guard Cut- r Wachusett uneau as has Ltroug ssue 35,000 figures th the War Depar THE PAYOFF' ablishment of on Glaci inspections and o mer National Highway. complete orable act g by Lt. Col. F. 1. Metz, on his way to his Wash <hip >oe—— AFL OFFICIALS LEAVE William D. Wilson, £.%:Ks ganizer for the AFL, le{t here ye terday irbanks. Wilson had been in au for two monghs a sisting local AFL officials and w do similar work in the Interior. Kenneth R. Bowman, Territorial Representative of the AFL also left here yesterday for Seward by w of his home in Anchorage. He w spend some time organizing union activities at Seward matter.” R HYNES, FURNESS LEAVE Frank W. Hy Regional Di- rector of the U Fish and Wild- life Service, and Milton J. Fu ness, Fish and Wildlife Administr: Officer left here this morni PAA for Seattle on official bus- ine: Furness will continue to servicing? vig - o LADIES BOWL TONIGHT Tonight is »s Night on the Elks bowling with play t 8 o'clock, it has be Study These Figures: Net profits of AEL&P Co. in 1946 City's savings from Federal Income Tax (1946) Deducted for rate decrease in effect this year 20,000 Increased labor cests under new contract now of rebuilding old flume, Engr. Stuart’s $148,000 Total expenses first year of operation by City REMEMBER— \ll Expenses Must Be Paid Out of Operation $148,000 'I'otal expense (they may be higher) 116,602 City's total net profit under municipal owner- $ 31,298 Ccnservative estimate of amount which must be made up by increasing your light rates _Wein Turn Ask Two Questions: @ What is the interest of Walter Stuart, not even a qualified voter of Juneau, FORMER Ketchikan utilities manager, spending his full time here for two weeks, urging us fo buy the AEL&P Co.? AND THIS IS JUST A START . shortage that will occur when the Alaska Juneau mine reopens will mean that the utility owners will have to build a new plant. The Alaska Elec- tric Light and Power Co. is prepared to do this with at least $750,000 of its own money. The Municipal Ownership Committee insinuates that the Alaska Juneau mine has a vested inter- est in the Alaska Electric Light and Power Company when they ask “What is their interest in this @® What is the interest of Ernest Parsons, chief competitor of the AEL&P Co. in refailing and Vote “No” On Public Ownership Citizens’ Committee for Sound Government (Paid advertisement) MONDAY, MARCH 31, 1947 O Before you vote for Public Ownership QA CAPITAL INVESTMENT (From Black & Veatch report) the power Let THEM Spend THEIR Money = = = E = = the Light Company a good value, Magistrate on a T ginning if it could be purchased at a fi- which ould he been tried by anncunced. A good turnout is e I i u gure reasonakly close to tne ap- the U. 8. Commissioner there pected. ARt RO OO RO IO | il LMLV L — e For Re-Election as Mayor “ " WAINO E. HENDRICKSON ‘“ VOTE THE PEOPLES TICKET For Councilmen \ wW. Burr Johnson : Edward S. Nielsen (for re-election) Joseph A. Thibodeau We Offer You-=-- A sound platform and a definite program of improvements to be carried out by a competent and capable administration. Mzyor Waino E. Hendrickson will be the speaker for the candidates on the People’s Ticket Listen to KINY at 7:30P. M. TONIGHT for our complete i)rogram e