NO-TAX' CLAIM OF BIG POWER INTERESTS HIT
'No-Tax' Claim of Big Power Interests Hit Report Shows Municipal Plants Pay Taxes, Have Low Rales WASHINGTON, D. C— "Power Trust" propaganda has been staggering under heavy blows in recent years,...
...gold, graphite, gypsum, iron...
...Although It is not a complete inventory of the mineral resources of the region, Bonneville engineers believe that through recurrent publication a fairly complete picture of the mineral resources of the Pacific Northwest finally will be achieved...
...lead, limestone, magnesite, manganese, mercury, mica, molybdenite, nickel, petroleum, phosphate rock, pumice, pyrite and pyrrhotlte...
...The report dealt an even more devastating blow to the familiar propaganda that public-owned plants can charge less because they "don't pay taxes...
...The municipal power plants pay nearly twioe as much in taxes and tax-equivalents as do the private utility companies...
...Private utility companies always charge cities for such light and power...
...feldspar, flourspar, garnet, natural gas...
...The latter consist of free power furnished for street lights, police and fire departments, city-owned waterworks and other municipal government agencies in cities which own their power plants...
...silica and silca sand, silver, sodium sulphate, sulphur, tale, tin, tungsten and zinc...
...The taxes paid by the 183 private utility companies averaged only 14.4 per cent of their total revenues, while the 21 municipal plants paid out 26.8 per cent of their revenues in taxes and "free services...
...The booklet comprises a series of maps showing the approximate locations of certain minerals...
...Bonneville In Mineral Study of Resources PORTLAND, Ore.—A second, enlarged edition of the map folder on "Pacific orthwest Mineral Occur-ances" was issued this week by the Bonneville power administration's market development section...
...Burns and McDonnell studied the rates charged and taxes paid by the 183 private utility companies and 21 mu-nlclpally-owned power plants which serve American cities of over 50,000 population, and reported these facts: For various amounts of electricity, ranging from 25 to 250 kilowatt-hours a month, the municipal plants was from 21.4 to 25.7 per cent lower than the average charged by the private companies...
...bismuth, chromite, china clay, refractory clay, coal, cobalt, copper, diatomite...
...In view of the limited number of copies which have been prepared, the folder will be available only upon written request by commercial and industrial organizations...
...Comparing the 14.4 and 26.8 per cent figures it is evident that the truth is iust the opposite from the claims of the propagandists...
...The knockout wallop was delivered by the Burns and McDonnell Engineering Company, a private firm which cannot be charged with being a "New Deal" agency...
...The new edition has been considerably enlarged, now covering 41 minerals : Antimony, arsenic, asbestos, asphalt, barlte...
...In other words, consumers pay an average of from one-fifth to one-fourth less when they get electric light and power from public-owned systems...
...No-Tax' Claim of Big Power Interests Hit Report Shows Municipal Plants Pay Taxes, Have Low Rales WASHINGTON, D. C— "Power Trust" propaganda has been staggering under heavy blows in recent years, and this week it went down for the count...
Vol. 10 • April 1940 • No. 15
