New Britain Herald Newspaper, July 20, 1922, Page 14

NEW BRITAIN DAILY HERALD, NORRIS SCORES FORD'S OFFER BUT HOLDS UP HIS {Wants Govt. to Develop Muscle Shoals for Benefit of Public at Large. °n — In submitted a com to the Norris of July ‘Washington | prehensive rey | senate today by the senate agricuitura | Henry Ford's offer and lease of the government's initiated projects at \Muscle Alabama, is condemned in u ally strong language, while the Nebraska senator's bill, proposing development of the properties under a government cwned and led corporation, is described as most wonderful an'' that has ever been proposed in Chairman commijttee the purchase war Shoals intry the Ford Senators Page Norbeck, Har of bid |the report says, M l!\nr' Keys, Gooding reld and McKinley, republicans, and | Xendrick, democrat ur with the chairmen. With reference to the bov- |ernment ownership propogal, the re- port gives the names of five senators, i:\‘orrls. McNary, Gooding, Norbeck land MoKinley, who favor its passage by the senate for the solution of the Muscle Shoals problem i Minority and Majority | Because of this lineup of the com- mitteemen, the report is characterized as a minority opinion insofar as it expresses approval of the government ownership b b presented as a majority opinion insofar as it deals iwith the rejection by the committee lof all proposals for Muscle Shoals de- ivelopment The Ford offer is dealt with in un- sparing terms. Its adoption, the re- port says, would put “the government | of the United States int 0 !wu:mp« with | & vengeance,” adding that “those who ! &8k congress to accept the Ford offer ask us, in effect, to lease this property to this corporation without any real| consideration, and then in addition thereto, guarantee to repair and k@r‘p\ and maintain it in good condition for! a period of one hundred years,” : Criticises Ford's Offer H “It is difficult to harmonize our| idea of Mr. Ford's fairness,”” the re-| port continues, “with his silence on this subject, when his name is so often used in exaggeration and mis-, representation as to just what he does offer to do. The country has! been given to understand that Mr Ford has guaranteed to reduce the cost of fertilizer by one-half. He has | done nothing of the kind. He has made no guarantee of any kind in the way of the reduction of the cost of fertilizer. The country has been given to understand that he pays the government four per cent interest on| its investment in the two dams. He does nothing of the kind. He has not, made any such offer and no such proposition is included in his bid Giving his corporation credit for every dollar that it pays, he will be paying to the taxpayers less than three per cent on the money which he uses out of the treasury of the United States, and when we consider that this loan runs for one hundred years, it re- quires even the stretch of the im- agination to understand the enormous profit that this corporation secures in this one item alone. Asks High Return. “Assuming that a fair interest rate in the commercial world is six per cent interest, this would give his corporation during a hundred year period, a total gift of cold cash of $286,250,000 and if this money were compounded as Mr. Ford asks the government to compound what he pays, the profit to the corporation at the end of the one hundred year pe- riod would be $14,500,000,000. This 1s more than half our total cost of the world war, “‘The country has been given to understand that the Ford offer pro- vides for the repayment to the gov- ernment within the one hundred year period, the entire investment that the government has made. His offer does nothing of the kind On the other hand, the total payments included in the offer of both interest and amorti- zation, amount to less than three per cent on the investment and he never pays one dollar of the principal. The people of the country have been led to believe that the Ford offer meant a reduced price for electricity to the consumer. It means nothing of the kind. He has not agreed to furnish a single kilowatt to any home or to any manufacturing concern except h own. The mighty power at Muscle Shoals be devoted entirely and exclusively to the use of the great corporation which Mr. Ford will or- ganize. Calls Offer Unreasonable. “When we bring together the re- sults that must follow from these two divisions of the Ford offer, the mind §& dazed at the unreasonableness of 'the proposition, at the enormity of the gift. With the expenditure of no money there is to be turned over to a corporation property of the value of more than §$100,000,000 and the right and privilege to extort unjust profits from the citizens of this gountry without limit “There is nothing in the history of the world with which this can be compared Civilization is without a precedent. If the Ford offer is ac- cepted then the fight for conservation that has been waged by public-spirit- ed. and patriotic men and women all over the country is not only lost and given away, but those who are unwii- lingly compelled to make the gift are to be taxed one hundred years to make the gift more profitable. Tt is the greatest gift ever bestowed upon mortal man since salvation was made free to the human race.” Attacks Other Proposals. Other features of the Ford pro- posal are vigorously attacked. That proposing the hundred year lease of the water-power projects, the report asserts, would make the Federal Wa ter-power Act, in egect, “a scrap of paper.” “There ference,” | tween giving a deed outright to this | property and rhing a lease for onaj hundred years.” In the event the 100 | year lease be given Mr. Ford, the re- port says, it is practically certain that| . every corporation that has made a‘ lease under the Water Power Act | “yiil be clamoring @ ihe doors of dif- “bes is very little, if any, the document declares, PLAN AS IDEAL ONE \ tor a modification of their leases and the extension of the time from \|u 100 years If we make a 100 years to Mr. Ford's corpor- | ation, are we not in honor bound to | make a 100 year Jease to Mr. Rocke. feller's corporation? It cannot be ned in defense that we cannot at-. tord to do this because of the conn. the American people Ford, and the lack of con. have in some of his co- multimillionaires We are not deal- ing with men are dealing with a | corpgration as unrestrained and as un- limited and as unregulated as any pli- it ever sailed the seas. Mr Ford will have at hest but a very few vears of connection with this corpor- ation, but notwithstanding this fact, why should we be more lenient with a corporation organized by one man another? congress el dence which Mr fidence they have in we rate ) than The document asserts that Mr. Ford s not claiming many things claimed in his behalf by many of “those who are spreading the wonderful propa- ganda over the country demanding that Congress shall accept his offer,” Objects to Propaganda. If there were no other reason for| rmrrnnz this offer,” the document | adds, "it ought to be rejected for this| one provision alone, and if {t i§ ac- | cepted with this provision in it, then | Congress ought to lay down the bars and permit any organization organized | by any other person to have the same privilege "and the same right of a lcase for 100 vears of complete and | unregulated control of power devel- | oped from our navigable streams." Tt is estimated that a total smnunh pald by the Ford Corporation . by | amortization during the 100 year per- | iod would be only 4,365,398, and the | rate of interest paid by Mr. Ford onv the money provided by the treasury {s shown to be 2.70 per cent rather than 4 per cent. The statement fs made that the | | Bovernment cannot afford to enter into | ‘the loaning business at the expense | of the taxpayers and for the enrich- ment of a great corporation that un- | der the very terms of its offer will be | beyond the regulation of either fed- eral or state authority.” The Steam Plant, On the question as to whether the steam piant at Gorgas, Alabama, | should be included among the pro- | perties to be disposed of at Muscle | Shoals, the report says, in part: “It is quite apparent that since am- ple power now exists at Muscle Shoals there is no object in the government retaining its interest in the steam | plant at Gorgas. Tt has no connec- | over the southern states, that has mi-r been proposed in the history of our country, and it is difficult to un derstand how representatives from that section could block any progréss | of this kind and insist that this great property should be turned over prac- | tically without consideration to one | corporation, and that power on the great Tennessee piver should be leas ed for 100 years without regulation and without restrietion ' Pointing out that only five of the 18 senators on the committee acquies- ceéd in that part of the report com- mending the Norris plan, the report continues In part: “In comparison with its (the Norris plan) provision regarding fertilizer, the Ford offer sinks into absolute in- significance It offers the greatest hope to struggling agriculture, frankW recognizes that imprévements must be made (f would cheapen the reduction of fertilizer, and - fts provides for the use of ment property and funds to make the necessary investigation for such im- provements In advocating its pas- gage we hold out no will-o'-the-wisp to deceive and mislead the people, We face the fertilizer proposition without practicing any deception upon ghe farmers. We believe the extraction of nitrogeén from the air can he cheapened, but we cannot gmarantee it. Fertilizer can produced at Muscle Shoals, but if it is cheapened to the farmer we must have cheap power and improved processes. Noth- ing can be gained by deception. The degirability of cheapening the cost of fertilizer is conceded by all. Urges Experiments. “We believe that the government | is justified not only as a war measure, | but as a peace proposition, to expend all of the money that may be neces- sary in chemical experiments with the view of cheapening fertilizer. This provision ought to be hailed with de- light, not only by the farmers, but by all of the consumers who buy tke pro- ducts of the farm. It will develop at Nitrate Plant No. 1, the greatest experimental labhoratory in the world “Instead of turning over the sur- | plus power to any one individual or | to one corporation, to be used for his or its financial benefit, without regu- lation from any source whatever, will be able to supply electricity the people at large, and cities communities hundreds of miles dis- we be to | tance from Muscle Shoals will receive | benefits directly from this source, or indirectly, by the cheapen- ing of electricity by men and cor- porations who will be mnuwmnrs of | this governmental corporation.” The report points out that elec- tricity at Muscle Shoals should be fur- nished to municipalities at as near either | cost as possible and should be so dis- tributed that all of the people, both | rich and poor, would receive a pro-| it the govern-—4 it | and | tion whatever with the permanent use pamonme benefit to the (‘hPapenlng‘ and operation of the plant at Muscle Shoals. x x It would be wise for the | government to reclaim that part of the transmission line that runs from Waco Quarry to Muscle Shoals, in| lorder that power may be transmitted | from Muscle Shoals to the Quarry for the operation of the machinery there. Outside of this, there has been no reason given by anyone why the Gor- gas plant should be retained by the government. It ought to sell its in- terest in that plant and it is quite ap- parent that the Alabama Power com- pany can afford to pay more for the government’'s Interest in this plant | than any other concern, and it is im-, material whether that part of the| contract with the Alabama Power | company, proving for a sale to that company, is illegal or not. The gov- ernment should make the sale and | should insist on securing a fair price | for the value of its interest.” Tord Or Nothing. Regarding Senator Norris' bill pro- posing government development and operation for the Muscle Shoals pro- | jects, the report contains a reference | to the attitude of senators who, it says, are seemingly ‘‘determined to | turn this property over to Fr. Ford | or absolutely prevent its development | by anyone,” Seven members of the | agricultural committee who voted for | the favorable report of the Ford offer | and opposed a favorable report on the Norris bill are mentioned in this| connection ‘With them," seems to be Ford the report says, “it or nothing. When we take into ideration the won jerful development that provided in 8. 3420 (The Norris Bill), parti- cularly for the south, it ‘is difficult to understand how senators from that section can assume st an attitude. Boon To the South. { this bill there is offered to the ! yarticularly to the south- | the plan power on 'ho‘ distribution it “In country ar states, wonderfiil developme ee river and most t of its ern for the Tennes OULDN'T you like to put your boy in the way of receiving $40,000 in excess earnings? A col- lege education will do this in ‘lhe Statistics show that college men on an aver- age earn $1,000 a year more than other men. During 40 years of business life this will mean $40,000 inextraearnings. The Equitable’s special Educational Fund policy will assure a college education to your boy, whether you live or die. Parker & Deming REALTORS AND INSURORS, CROWLEY BROS. IN PAINTERS AND DECORATORS 267 Chapman Street TEL. 755-12 Estimates cheerfully given on all jobs vast majority of cases. | William’s Miracle Tonic. |ot electrical energy. That is the idea that the Norris bill seeks to accom- plish, the report adds. Future, Developments, “When the power on the Tennessee | it ought to the river is fully developed be carried to the cities all over States of Alabama, Louisiana, nessee and Kentucky and given as wide a distribution as possible so that all of the people met get the benefit of the development of the —_— Jhe Lincoln Realtfi (0. PovBTFUL REALESTATE //Yl/l STIENTS | INVESTMENTS YOU can believe both sides Get-rich-quick Real estate investments spell cer- of this story. means get-rich—never. tain progress towards inde- pendence. LT, HONE ™ 7o AT 77/[ LINCOLY REALTY (o %, & BR;?;;IT zgll & 2 pgve\D "New Britdin ggfé’i —HIN== Ten- | THURSDAY, JUI property owned by all of the people " Attention is invited to provisions of the senate bill directing the secretaty of war to construct dams in the up |per Tennessee river to equalize the |flow of water throughout the year and, the report says, more than doybling the power possibilities at Muscle Shoals. It adds that the gov ermment is about the only one that |can afford to construct these reservoir dams. The storage of waters in the | Tennessee river, the report claims, would automatically assist to a great extent in léssening the danger of overflow on the Ohio and Misolssippl rivers, thereby offering at least a partial remedy to flood control con- ditions b | The only objection made to the passage of the Norris bill, the report says, has been by those who are op- {pesed to the government engaging in any kind of business, adding that “a fair consideration of all the facts |surrounding the Muscle Shoals prop- erty will, we think, convinee any fair- minded investigator that the govern. ment is amply justified in operating the government's property at Muscle Shoals." The document concludes with a de- talled comparison between features of the Ford offer and those of the Nor- ris bill and emphasizing what it de- scribas as the ‘greater advantages the people will obtain from Muscle Shoals development under the latter pro- posal, 'RISK THEIR LIVES | TO RESCUE LUNATIC Firemen at New York Warehouse, Still Smouldering, Bring Maniac to Safety. New York, July 20.—While thou- sands of tons of smouldering paper, rice, toys and rubber goods glowed Haven't You Heard the News Of our “End Of Sea- son Sale?” It is not the low prices but the high qualities these low prices buy. Clothes Sat- isfaction is always worth what it costs; only right now it costs less than usual here. It will be surely worth vour time to look our line over. Have you ever tried our “Valet Service?” If not call 585-3. YeLondon Shop TATLORS 4 ELM ST. Joseph L. Scocco, Mgr. J MAZDA LAMPS FREE DELIVERY ¢ —THE— . COWLES ELECTRIC CO. 302 STANLEY ST. TEL. 2229-4 New Britain 1ot Us Serve Electrically Yon FOR SALE Little farm right in the city. ily housze, with all improvement and sun parlor on first floor Rarn. garage and poultry house. Consisting of eight room, two-fam- rwinding furmace heat. Fireplace 1 cow, 25 hens, hay in barn, growing crops, fruit trees, current bushes, grape vines, all for $5.800.00. Small cash payment. FEasy terms, H. J. FOIREN 140 MAIN STREET PHONE 1790 Modern Cleaning Why not have yonr car thoronghly cleaned, undermneath as well as on top? Modern machine method= make this possible. A complete cleaning can be turned out in your regular work, Cars Cleaned Clean Try Our Polish Modern Auto Washing Station Phone 2756 The waters of the sea cannot destroy the rocks of Gibraltar | 10 CHESTNUT ST. The poisonous germs cannot destroy your body if you use Uncle $1.00 bottle. FOR SALE LY AT THE W. F. 0'CONNOR DRUG CO. il 1T S 123 HARTFURD AVE, Y 20, 1922, lons of water—200,000 tons—that have poured on it for the last 40 hours, four firemen risked their lives on the third floor of the tottering ruins of the Jane street warehouse early today battling with an inas man who tried to hurl himself fro one of the blackened windows. All the fire.fighters had been ‘or. dered away from the bullding. Sud- denly with a yell of ‘they're after me,” a man burst past the policeman and ran into the building. He splashed through two feet of water as he vanished through the smoking en. trance, He soon appeared at a win. dow on the third floor. The firemen crept up along the staircase and while one firaman attracted the maniac the other three made a flying leap and pulled the man from his position on the window ledge. He put up such a struggle that his rescuers were forced to bind his hands and feet and lower him to the street, The man, a mechanic employed in a garage near the warehouse, was said to have been on the scene ever since the first alarm was, turned in. Ambulance surgeons sald that he had been made temporarily insane from the excitement. MODERN MILK Our dairy is fitted ) A with the latest appli-_ ances that science has devised to make milk clean and safe. Sei- bert’s pasteurized milk for your protection. } ESEIBERT & SON “Your Milkman" g PARK STRELT PHONE 1720 (‘\ Galbraith and Pattison Carpenters, Builders and General Contractors Estimates Cheerfully Given Jobbing Promptly Attended To. | Tel, 992-3. % ST R P ) VISIT OUR DINING ROOM WHEN IN HARTFORD Call At 24-30 STATE ST. Live and Boiled Lobsters Soft Shell Crabs Fresh Crab Meat Shrimps Steaming Clams Chowder Clams HONISS’S EVERYTHING IN FURNITURE If you are about to furnish a home we can outfit it completely. We carry a full line of Furniture, Stoves and Floor Coverings at prices that will surely please, A. LIPMAN New and Second-Hand Furniture | 34 Lafayette St. Tel. 1320-2 GIT FER street. 272 Main Street THE OLD HOME TOWN Axelrod’s Overstock Sale After July 1st stock taking, we found an overstock in nearly every line we carry. Our stock must be reduced, and here is where you benefit, WITH EVERY ARTICLE THAT YOU BUY WE WILL GIVE YOU . FRIDAY AND ONE OF THE SAME ARTICLES FREE, SALE WILL LAST TWO DAYS ONLY, SATURDAY COME TOMORROW—EARLY LAST CALL ! PYRALIN ALL KODARS AND SUPPLIES IVORY 50% orr |20% orr ONE FREE WITH EVERY _ ONE YOU BUY 80c COCOANUT OIL SHAM 2 r 50c 89c SHAVING LOTION 2 For 590 25¢c TALCUM POWDERS 2 For 250 15¢c JERGEN'S BATH SOAP 2 » 15¢ 10c JERGEN'S VIOLET SOAP 2 rx 10c 15¢, CASTILE SOAP 2 For 150 40c BENZOIN & ALMOND LOTION 2 r: 40c 85¢c SHAVING CREAM 2 v 35¢ 85c SHAVING STICK 2 e 35¢ 10c WILLIAMS SHAVING SOAP 2 For loc GEM BLADES 2 Pkge. 65¢ PALM OLIVE AND COCOANUT SOAP 2 For loc LARGE WRITING PADS 2 15¢ 10c 2 15¢ ot Water Bottle One Fountain Syringe $1.89 2 ARTICLES FOR THE PRICE OF 1 PEROXIDE TOOTH PASTE 50c TOOTH BRUSHES 2 For soc 100, 5 GR. BLAUD IRON PILLS 100 GENUINE ASPIRIN TAB. 2 r: 60c 15¢c PEROXIDE (MEDICINAL) 2 vor 15c 25c LINEN STATIONERY 2 For 250 100 2 GR. QUININE PILLS 2 For $l.00 2000 SHEET TISSUE TOILET PAPER 2 For 350 FULL PINT BEEF, IRON AND WINE 2 For 51615 MILK SUGAR—1 LB. TIN 2 . 65¢c ZINC STEARATE 2 25¢ MILK OF MAGNESIA 2 rx:35¢ PEROXIDE MASSAGE CREAM 2 . 50c LAURA HAIR NETS Double Mesh $1.00 Book of Soda Checks |Bell’s Old Fash Hop 79c foned Chocolates Use the checks 8 anytime after |2 Lbs. .. 40(! 2 sale. HIGH GRADE olive Soap 10c GENUINE VANILLA 25¢ Bottle 25¢ COFFEE Lbs.. . 45C Cakes Palm- |, ! For .. Hundreds More Articles On Sale. Friday’ and Satu Don’t Miss It! rday Only— Axelrod’s Pharmacy Park St., Cor. Meadow. Phone 1366. — FOR SALE — House 10 Rooms — Corner Hart a bought at a bargain, nd Grjswold, needs repairs, can be Brick and frame cottage and garage — corner Columbia and Linwood Large lot, everything first class. Some good building lots cheap. See H. D. HUMPHREY ROOM 208 NATIONAL BANK BUILDING Three family house on Harvard street for only $7,300. That’s back to pre-war prices with a vengeance. Who’ll get this bargain? 3-Family house on Dwight street with fine row of garages. A big income producer. See us about this bargain, CAMP REAL ESTATE CO. Phone 343 Rooms 305-6 Bank Bldg, For Quick Returns Use Herald Classified Adut BY STANLEY THE EDITOR OF THE WEEKLY CLARION SLIPPED, IN HIS GREAT HASTE TO GET DOWN To THE DEPOT To SEE IF ANY STRANGERS CAME IN ON THE NOON TRAIN .