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<br />000940
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<br />THE WASI:l1J1/GTON SCE/IIE -
<br />No prans to Up REA Interest
<br />Rates, Declares Hamil, Benson
<br />EdIted by'Sam Portwlne, NRECA. News EdItor
<br />WQ9hfngfon, D. C.-secretary of Agriculture Ezra Benson, and
<br />REA, Adm1nistrator David' Hamil have given assurances to Rep.
<br />wmIani Nlitcher (Ky.), that the E:lsenhower Ad~iSfi'atlon had 'ino
<br />study undelivay, no study planned, and n'o study requested~' for _ de~
<br />vising an increase in REA Interest rates.
<br />The asSurances were giVen betore the Jiouse Appro.
<br />prla~on,s,' _Agi'l~ultul)! SUboonimittee'lJ clos~'-- door, hear.
<br />;,;~'M:s lI'te In February, 1n reSponse 'to qi1!~st1ons polled by ,
<br />',.,iWa~cher and other members of the subcQmmlttee.
<br />Natcher told': ~Ul'al' Electt:lflcatlO_n _ mngftz~' on
<br />~h 21_that Bens9n 1ollowed"up hiS positive -a.nswer
<br />by turnJng,t? a group ot-allSls"tant secret8..rle,g:'fllld,asklng
<br />them'.J,t they ,had knowledge at an Admfnistratlon.spon.'
<br />sored study or plan tQ In~e the two 'per 'cent Inte-est
<br />rate- now ,char~ ,by, 'REA. _Natcher Said, that each. of'
<br />BensQn's II.lIsOCUl.tes: lIubstantfat,ed their boss.
<br />Reason. 'Agalnst. Higher Interest .
<br />RUf_a! electric leaders 'meetln~ at ,th(! 15th annual, . David iI8mu'
<br />NRECA meeting In, Chicago, last month .adop~d a resolution strongly op-
<br />p-osing any 4ttempt' to, increase REA's IntereSt rates,
<br />"Eai'lI,er; ~. .CJ8.y L. Cochran,
<br />l'fRECA research 'and le~t1on ell.
<br />~r,:,toJd;the auellence, of over
<br />0,000, people_ that "we'can,go to the
<br />Congress" imd ~onunE:nd, that. ,our
<br />J'IlteB 'be:lncrea8e:d 'to 'equal,the cost
<br />, to' the Itwernmeht. or"we' can take
<br />th,e position that;, we' ai-e;.:not .0nJ.r
<br />. - _ opposed,to an lncrease In our interest,
<br />, ~",r8.,tes bQt .th4t we',ate oppoSed to_the
<br />'w~oJe ,baDker-d1ctated, ,money polley
<br />which has broulht about the- Increase
<br />In the c.oat of money to, ~e govern.
<br />m!tl1t.
<br />"I ,WOuld "personai1y r.ecomml;!Jld
<br />that w~ fight to the IllSt"dltch ~t
<br />aiJyln~ttate'ln.crease;Iwould
<br />do so-for these reasons:
<br />"(1)' '~,.1riUI has a net from Its
<br />I~ operatlOIl1J Ilno'a 1935 of
<br />about S.7 niiwoia.
<br />"(2) 'l'be polio,. oi. low~rIng taxes
<br />In ll/M,:votmc ~~dlEl$ and ,interest
<br />free locms to big oorpo"'tIons~ and
<br />tauuro to ClOIltl'oI consumer ci-edlt_
<br />Jmooks the_ wind out 01 any aiogument
<br />tbat hla'h Interest rates ean be Justl.
<br />tied as an antt.ln1IatlonarY measure.
<br />"(8) LastJy,,~ could abfl,olutely.
<br />refuse tq agree'to pay more tban'two
<br />per cent wbDe prl-v-ate pow~ &.m..
<br />~ are pWng loans from, the
<br />goverlUlJellt -at I6l'O - per cent. The
<br />power oompanlOl!l have- already J'e.
<br />oolved certifiCates entI~ng 1fteni to
<br />over S1.l5 ltUUon In Interest tree loans,
<br />more than halt the total loans ever
<br />made to rural el~o S)'Stems . . , It
<br />
<br />Wiebers Named
<br />Southeast Head
<br />Rby Wlebers of Sheridan Lake was
<br />named President of, the, Southeast
<br />ColoradO Power Association - of' La
<br />Junta at a recent annual'meetlng.
<br />Wlebers succeeds J. B. -McKeever,
<br />Holly, who remains, on the_board.
<br />Other Southeast ottlcers named In.
<br />clude Lesne Kiefer, 'of Rocky F'ord,
<br />;<, who succeeds blmself as Vlce-PresI.
<br />dent and R. L. Rose ot Villagreen,
<br />Secretary.'l'ref!.surer. ,
<br />
<br />COLORADO
<br />RURAL ELECTRIC NEWS
<br />
<br />Vol._5. No.7 April. 1957
<br />E<lllor...MM._.____;...__...~..-Vir!ln' Cory
<br />Allocl.t. Edlto.___ t,t..ry Ann l.toh.w
<br />Edltorl.I,,-Bulln...OWCli
<br />1950CurlIISI.u'
<br />O.nv'..2',Colo.ado
<br />Ttr.phon.-KEy,lon.' 4.8164
<br />.UILI.HED' Mj)NTHlV
<br />br '" ColDJQdo .
<br />R_lEI~t\'lflcatlClllAsioclatIOll
<br />'I'b. Coklndo am! 13.mte N..... II ....ned,
<br />CODtrolltdP<l~1>7I1l1fa1B1edr1o
<br />~~::..t~~~'b~-=mr~:
<br />e~"UODofColcmido"'d,thenaUon
<br />~l'lIO!y:'....,,. WU....., s,.ta "'.....,Iolton .,.,1_
<br />d.nI~Slol' ",..oel.IIOft offlee, ToIOYsho.. KEy""'.
<br />.un . eo2 ,F.orml~~~ftl.~';;' 15 Shl"non SI.,
<br />Publlc.tlon Co....llt", -,Ialp)- UcUIII"ft, Ch.l..
<br />~~IJ.Lt~~;:;:'d.'lrr:" K~::r1.;l:r~~,:,:: Lo.~f:~d~'
<br />~"-'-II'lIIb'r
<br />=;..,}(~~.
<br />, =::o..,'=. 1~t1..
<br />,= ~~I,Ofm;~
<br />, : Iol."'h~' N.tlo~.l~'.~c Coo\)t'd/'le
<br />~~__~"-'--b.""" Rural
<br />_ Cliln-w-'.bU.".th,.", ~
<br />',,:~A!"l.'I!ti;..,~~C.
<br />. ,,~Ihid~1ti.~,st.,
<br />
<br />
<br />
<br />.,','
<br />
<br />Tax Subsidies
<br />May Be Halted
<br />Washlniton, D. C.-Ttie,OMCe of
<br />Dete'n-s_e_ Mobillzatlon announced
<br />early ~!\St nion~ It :would reView De.-
<br />terise-- ,Pepannient_ -r'equlremerits" be-
<br />tween now !l.nd;the ,middle ot..Aprlt
<br />~ detennlne wbether .01', not -to
<br />continue the rapld- tax alnortlzatlon
<br />p~gram; "
<br />Secl:etary, of the Trealury, George
<br />M., HllfIlPbrey hll!; e&tbnatoo .that the
<br />certlflca~ _of' neoosslty _issUed- to
<br />companies tor ~slon of taeIIIUes
<br />euent1a1 to de1'en&e WQu1d 'OOlIt th.e
<br />go'ver~ent $ll8O.mt.llIort -tq.- f _i I ca I
<br />19l18 'alorie, and, tbe net loss In taxes
<br />fol' 1001:615 wID _be $2.8.b~n.
<br />POwer companies ,received '$4,720,.
<br />. 8'n .In sUbsldle$ fu:lder, the rapid, tax
<br />wxUe:of1s ,durlng the period' Cov~rlng
<br />June 9, 1951 through 'July 11, ,1956.
<br />By comparlson; 'the,.REk-elect'rlc
<br />loans fi.dvl;lnOOd to'1armers_is $2,800,-
<br />000,000. The total co_st'of the 50, year
<br />old Fedexal power program ill $2,400,-
<br />000,000. -'_'
<br />As of mld.f3eptember, ODM h1sd ap.
<br />pwved Il- total ot $22,211Q,19lS~OOO in.
<br />rapid tax write-offS, over 13 pet' cent
<br />ot, \1'hl6h _ were destined tor electrio
<br />power 'QOmpany ~anllon.
<br />Se'cretary _of Commerce Sin c I a Ir
<br />Weeks $nd Defense Mobilization Ad.
<br />m1njstI:ator-. Art h u r S, Flemming,
<br />along with Secretary Humphrey are
<br />reportedly In'-favor of scrapping-the
<br />program Which has, been; under fire
<br />for sev~ral month&__ ODM oftlclals
<br />said ,that pendlng.a_declslon_on the
<br />outcome of ,the' 'oVerall' px:ogram,
<br />they would mark time: be for e ex.
<br />panding the number 'of' Indwitrles
<br />eligible for certificates from the
<br />present 20.
<br />Two months ago, Sen.. Harry F.
<br />Byrd (VA,), clialrman of the Senate
<br />FInance CottUnlttee; ordered an In.
<br />vestlgatlon 01 the' program covering
<br />the past five years., The _report. to be
<br />compiled by the Chief Counsel 01 the
<br />JQmt Committee (lit Internal, Revenue
<br />Taxation, II to be ,lIubmltted to Byrd
<br />In ,JanuaX")' and :wlli lnclude- a fun
<br />statj{!ment of aU_ p I ~ Ii t S recEllvlng
<br />rapId tax w:rIteoOffs, their connection
<br />wIth the war ettort, and the basis on
<br />which the 'cert.'flcate~ w:e~ issued.
<br />
<br />Roland Miner
<br />Passes Away
<br />Roland Miner, 53, well known In
<br />Colorado Rural.E1ectrlc clrcles as- an
<br />elootrlcal engineer ~th his,: firm of
<br />Miner' & Miner at Greeley,- died In
<br />Baltimore, Md,; In his sleep on March
<br />23. He had been In Washington" D. C,'
<br />on business and was vlsltlng In Ba.\t1-
<br />more.
<br />S6n'ices fol' Mr. MIner' w~ ,held
<br />In Greeley on Mvcll 21, and bilrlal
<br />was In thO Sun&et Memorial G8rdena
<br />In Greeley.
<br />:'~. Miller Is ,sumved by his \VUe,
<br />4 lion, Walte.."~er of Cambridge,'
<br />MssIJ,;,twb daugllters, Prl~d Mlne,l'
<br />ofJ3erkeley, 'CalIf;, and Mrs-, Patricia
<br />MCNea1t 'stuttgart, Gimn?ny; a sJ.s.
<br />tel', Bess' E,l. ,;Mb:Ier of Bur~game,
<br />Kan&, 'and' two brotherS; Cecil Mlnel' .
<br />o1,Bilrl1ngame, an(l-J.'w:'Mbl~"01
<br />Councll.BlWfio Iowa. . ..;,,,.,...,
<br />
<br />.'l~"~'\J.,
<br />';"','/. ...._'-",,--,
<br />'~_A.> ''''',,- ,",,'
<br />
<br />lAL.ONG THE LINE. ..ByWebAllJsonl
<br />
<br />t
<br />
<br />.,
<br />
<br />~.
<br />~
<br />"160 ticre8-and you'plant a pole in ho/-petunia patch/~
<br />
<br />New AsSistant
<br />To' Administrator
<br />Rober.t..T. BeaU has been designated
<br />acting' assistant admllilstrator for ad.
<br />ministration In a reallgnnienf affune.
<br />Uons wtttrln-,the RUral ElectrWcatlon
<br />Adrn1nbtr8.tlo'n, the _U. S. Department
<br />of AgriCulture has announced.
<br />REA A4nitn,Jstrator Davig,A. HamU
<br />said, that _ two, organf..zat1on changes
<br />have been maq.e, "tor admInistrative
<br />efilcleney and ~mwn support of
<br />ettorts to extend and lnipl'Qve electric
<br />and telephone s8'rvIce In rural areas!'
<br />_These are:
<br />(1) Oreatlon ot the new posItion of
<br />Assistant Adrnlnl~trator for Adminls.
<br />tratton to luperv1!,le and' ,dlrect the
<br />four present admlnlfl.trative ;Itatt' dI.
<br />vlsIons- Administrative,' Adrnlnl&tra.
<br />ttve and -Loan .o\ooountlng, ln1orma-
<br />tlon '8en1ces, and Personnel. '
<br />(2) Theresponslbllltles of two pres.
<br />ent posItions of ASlIls;timt Admlnls.
<br />trator for program ,activities. In_ the
<br />omce -of the Administrator, -' have
<br />been enlarged sothat-e!ther asstBtant
<br />adm1nlstrator will dkect 'aiL J;lroID'~
<br />a,Ctlvj.t1es whell the other is absent.
<br />J.~K. O'Shaughnessy directs the tele.
<br />phone program' and R.- G. Zook the
<br />electrification program.
<br />
<br />Garkane Power Group
<br />Plans Utah' Project
<br />Garkllone Power Assn. Inc. of Rich.
<br />field, Utah" has,_fl1ed an application
<br />with the Feder!ll, !?ower CommIssion
<br />for a llcense ,for' a hydroelectric _P1.'OJ-
<br />oot on ,the easf and we&t forks -of
<br />Boulder ~eek In Garfl~ld County,
<br />Utah. The cost of .the project Is ap-
<br />proxlmately $1,600,000.
<br />The InItial development of the proj-.
<br />eat would be located on the east fork
<br />of Boulder Creek, a tributary ot the
<br />Escalante Blvel:'~ It woul~ bave two
<br />l,91'1l.hp. wblnes connected to two
<br />l,lOO.kw. generators wltb provIsion
<br />for an ,additional wtlt.
<br />A rock fill-dam 10 ft. hIgh lU1d 50
<br />ft. long' on west fork of Boulder
<br />Creek div:ertln'g the flow 'tb,rough ~
<br />,2i'!n., Steel pipe *" the ewit f()J'k
<br />;Bqulder- Creek reservoir, Is scheduled
<br />for fut.ure' devel9pmen~ . ._' . .
<br />
<br />Fred Hamlin
<br />Replaces Millar
<br />Fred . Hamlin, _veteran, REA of.
<br />nciaJ"luis..been,~ Field Repre.
<br />sentatj.ve--, tor ,Region u!llng
<br />Colorado, to 1'&
<br />place Davld Milar,
<br />who 'recently was
<br />transferred to a
<br />field post In_ South,
<br />Catol_1im-
<br />mi.rnun. who
<br />bas been ~rklng
<br />In an. area ~per-
<br />\'Dory pO$II,lo~.1n
<br />the REA oWce at
<br />WashIngtOn,D.C.,
<br />fol:' the past sev. Fred
<br />eral years, will move to Denver with.
<br />in the next 30 days.
<br />HamIln Is well known to Rural
<br />Electric Managers and Directors In
<br />the Ro<;ky' Mountain regIon, because
<br />he has held field' positions In the area
<br />In past years.
<br />
<br />;,
<br />
<br />
<br />
<br />Grose I-Ieads
<br />Delta. Co,qp
<br />For the tlrst tlmellint:e 1942, a vot.
<br />Ing quorw:n wail Pl'tlsent at the an-
<br />nual -meeting of the' Delta-Montrose
<br />Rucil. Power ASlIociation of Delta In
<br />MarcI?-., resulting ltt. the electipn of
<br />new officers. A total of 540 voters
<br />was needed for a' 'quorum and 513
<br />were, registered, 112 In person and
<br />461 by proxy.
<br />Earl Grose was elected Presldent
<br />of the Delta, Co-op. FerMI-Hawk Is
<br />Vice-President and _Johr! 1.. Buri1tt
<br />remaJn's ~ Secretary.~asuref. Oth.
<br />er directors now on the bOard Include
<br />Lyndon Fogg,' RaIph"FOllter,'_GUbert
<br />Williams, August Belgardt, Mrs.
<br />Nancy NU,~'-and'Rlchard RllUleen.
<br />
<br />,
<br />
<br />George Wagoner
<br />Of Kelvinator Dies
<br />
<br />George' Wagoner, tor many years
<br />national rural sales manager 01 Re]-
<br />vlnator at Detroit, died In Washing-
<br />ton, D. c., on March - 24. Funeral
<br />services were held oil" March, 'r(' at
<br />'Arlington' National' Cemetery.
<br />: Wl;lgoner ,was w~U ~._to, JP.ost
<br />~ural Electrlc manageiil:, and ' 1iliuly
<br />D~m,l because hlhti'av~l~"~
<br />.$D. .'. tlY.. to..rnt!'lj!t ~.th.. . .~._ ~:JIleOpJi,In_
<br />hlS. aaIe4 _ .W~ for the appuance
<br />TIiere's a lliu!' on the ocean where 'manufacturel:. He ie~ because of
<br />by C1'O$Slng, you can lose a day. ill. health - last 'year ~ moved to
<br />There's one on the h1g~way where" W~gtol1 to Rve.
<br />yb\i '. _'Cah. do' evjlli ~. .. l-Ind~~~,
<br />~orie New,l;' )jIrU;'19J',:',C01o.' ~1'E1tCti'lc;-N~' I
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