Arizona Republic from Phoenix, Arizona • Page 8

Telephone 3-llU Arizona Republic, Phoenix, Tuesday Morning, November 16, 1937 Page EigKf British Fleet Practices essional Water Storage System Planned Congr the part of the utilitiies and that they had always opposed the so-called "prudent investment" theory of valuing their properties so as to measure rates. Maybe Mr. Roosevelt thinks so. but a little penetra Use of public camp grounds of the lorest service in tne seven SDrines-Ashdale district has in tion of history will disclose the facts to be otherwise. I The subject of electric light rates is, of course, the reason for the con- creased to the extent that installation of a water storage tank has become mandatory, F.

Lee Kirby, Tonto National forest supervisor, troversy on valuation. A utility said yesterday. company is permitted by the state regulatory commissions to earn, as Stand Waited (Continued From Page One) genthau, but the fundamentals are apparent, too, in the private memoranda and recommendations being prepared with White House encouragement by virtually all the economic advisors and heads of agencies. The period or stage of practical stimulus of business with government encouragement has come at last. The citizen on the outside will Construction of an The Budget Coat and a ci a rule, about seven per cent on the property used in furnishing service.

Presumably sums over and above this are either used for reserves and expansion or to bring about reduc reinforced concrete tank in an excavation in a hillside will be begun immediately, he said. It will provide water for both tourists and the Ashdale Civilian Conservation Corps camp. Water will come from neighboring springs. tions in rates. If a utility property originally cost $10,000,000 to build, and, after do well to watch the actions the deeds rather tiian the words of a term of years, it would be possible for this property to be reproduced new at a cost of $7,000,000 due to congress.

Democratic -congressmen and senators, for instance, still being politically sensitive about their promises of 1936, are minimizing Steyaert, Mary Kathryn Turner, Ruth Ann Weyrick, Nelma Debnam, Mary Alice Keyes, Margaret Rud-derow, and Anna Lee Walters, soloist. Miss Catherine Wilkinson, assisted by Miss Pecgy Agnew, will di SHOW5 YOU changed prices, then the theory oi "reproduction cost new" would mean that the company would be permitted to earn only $490,000. When reproduction prices are low, the utilities cry out for the "prudent we Dusiness depression, while Ke-publicans, for the same political purposes are exaggerating its trend, rect a dance entitled "Mother Goose Goes Modern." Taking part in the investment" theory, which would WHY permit them to use the original dance will be Peggy Swmgiey, Lorraine Thompson. Dorothy Becker, cost as a basis for valuation. But.

as sometimes happens when Betty Sue Hoffman, Virginia Pet tis, Margaret Meek; Ruby Wood prices rise, a property that cost mansee. Sherry Rawson, Clarene 000.000 originally cannot be reproduced for less than $10,000,000. Campbell and Janice La Prade. A modern dance, directed by Mrs Then the utilities want the "reproduction cost new" theory applied. Dave Brinegar, will feature Moxie The electric companies, like the re Bruens.

Doris Allen. Helen Linsey formers, have been on both sides ot You cannot duplicate its values else Mary Bannister, Jane Wall and Suzanne Ketcherside. the fence. In fact, William Jennings Brvan. in the latter years of the The downward curve is too well established to be ignored, but the government policies can keep the rune of deflation from going further toward the bottom lines of 1932.

No gen eral rule can be drawn, but it is doubtless true that some of the deflation already experienced has been absolutely unjustified. The employer whose business is good and whose profits are probably above last year is not warranted in cutting a pay roll and thus hurting the purchasing power of a community just because he fears a recession. In the absence of canceled or diminished orders, many businesses are going ahead full steam, knowing that there is a market for their products. These men of courage are keeping the business situation from becoming worse. Solo dance numbers will feature last century, was one of the advo Marv Jane Johns in a soft shoe cates of "reproduction cost new.

number. Phyllis Bertram will pre where! Court Adopted Rule How then should this complicated sent a solo, to be followed by a Viennese waltz by Emily Elliott. matter be resolved? The Supreme Mrs. Ruth Hetherington will direct Court of the United States back in 1 1 KA-i-x Materials are fine soft wools, in weaves that 1890 adopted a rule for valuation her tumbling class in a group of pyramids. Tumblers who will par which it has reaffirmed in 50 or more cases since.

It declares, in effect, that there has been no con ticipate are Virginia Johnson, Helen Zorkan, Frances Brauner, Enolia Strickland. Darline Bissinger, Kath-erine Mann. Juanita Wood, Ernestine Carrio, Helen Norwood. Martha fiscation of property under the due process clause of the constitution if I ne administration is well aware, the state regulatory commissions nat its main joo ior me next lew; m0 account reproduction veeKS is one or prevention oi panic costs, amounts invested and everv sychology to hold the lines otner factor that could possiblv be rteady. The other task to bring considered in arriving at a fair Any big naval battle of the future is likely to witness scenes like this one made during British home fleet maneuvers.

While the aircraft carrier, ourageous, knifes its way through a gently swelling sea, to keep pace with the fleet, a warplane darts from its broad deck to meet the foe in the air or spy on the enemy fleet from high among the clouds. doui an economic upturn is, basis, pavins- it to the commissions lomething that will take more time each year to change the rates to Thomas, Eleanor Firpo. Margaret Basham, Maurine Patterson and Virginia Patterson. Miss Margaret Hurley will direct a German dance in which Marcella Ranger, Alice Mihran and Evelyn Homes are featured. A musical comedy dance will be presented by Betty Hull, Catherine Sudden.

Barbara Gustin, Nancy Negray and Patsv Campbell. "Rhythm in Red" by Tobv Vaught will be followed hv a tap dance by Catherine Percy. Betty Linsay will appear in a dance entitled "Moods." the final dance number on the program. benefit the consumer when such changes are economically justified. If Mr.

Roosevelt could invent a stabilized dollar or guarantee util- Utility Move Important Perhaps the most important Immediate development is that which may come from the peace to be are really newl The. cut and design Is Passerelli'i, well-known New Yorlc tailor. They Fit! Two styles of suits in several colors and sizes 12 to 20. I "High Pockets" with high lapels, a 2. The man-tailored type with deep dressmaker suit after Schiaperelli.

Soft notched lapels, fitted waist I'M for finishing details, nipped in waists, trlmness and carefully cut to top fashion rounded corners, all for flattery. lines. 19.75 19.75 THE COATS A complete showing of styles and variations of fabrics. Zipper coats in high shades! Wrap-a-round coats that tie! Topcoats in the English manner! Tweed country coats! Sizes 12 to 20. Prices $12.95 $19.75 The Budget Shop Second Floor negotiated between the government jities against rising or falling prices and the utilities.

It would be sym- over a term of vears. there would bolic of a better understanding no controversy about a method) Many Spectacular Dances To Feature Les Folies Show Toe Vniios annual nroriurtion ofiTuosdav and Wednesday evenings tween government and business and of valuation. But congress bit off a hence would buoy the confidence (piece of valuation experience be-of business men in lines wholly; ginning in 1920, when the elder La unrelated to utilities. Follette persuaded his colleagues One of the unfortunate aspects of to put into effect a scheme for valu-the utility fight, in fact of many ling the railroads that did not take other situations with which Mr.iinto account changing conditions. hac tn Hpal ic that ht hnlTho rocnlr wnc a pnct rf SI1 the Girls League of Phoenix Union; November 23 and 24, in the high high school, will oe presented 000,000 construction program the been given a prejudiced and one-j 000,000 to the railroads In getting school auditorium.

Miss Gladys Bookman and Miss Ruth Mathis of the school faculty will direct the performance. Several dance numbers are included in the program. The opening chorus, directed by Miss Imogene I first of the many programs that Today Special SILVER MUSKRAT Reg. $169.50 sPecr $149.50 private capital can initiate if the government wishes truly to co- sided view of many proolems. for the data and a big cost to the fed-nearly two years now, he has been! eral government, all of which sta-insulated against the story of the Mistical work was largely scrapned.

utility problem as it should be There is in the present rule of the operate, or uie pnvme (ho Mlnu-imr t-irls: OF lTT 111 Ul JtlUl IWhLU w. viewed. Again and again, in the last Supreme court a wisdom born i l.lflMrtl IH Itrt I jt luv iUl v.n Wfc two years, there were opportunities! experience with valuation over a and necessities is so rig as 10 maces hpv jacquein? Stewart, Dorothy, lor an adjustment, some or the re-iong period of years. Mr. Roosevelt i formers have usually prevented'has been ill advised to ask for its oi me last uuee veais Ji.

revision. There are dozens of other r1 "mem m-chi "J' peace, in fair ratot tn tho rnn. i oucKet. Recovery oi me sounaest Outline Attitude i r(iiiin tin-, n-'ninin mm Take the statement, made to the sumers bv the utilities. and the kind is possible ana an epocn or un-j n(t fhf fir fh(t TtgM hf snh- exampled prosperity is at hand if h.

tnn TlHCE 1882. "THE BEST AIWTIJ press last week by the President plans that probably will r. finn kncinACc rOni about tne matter ot valuation oi mitten tnis week to tne rresiaent awLmaiuaunn cm Vinn ni no artdr( roM mm wotii imt IJ usi aa nt.litv nrnnortiac rnA rirrif fliinL- nnAnVitarlKr uitl not-A (ha t-ar fnr 61 (OLTin(T. ifllS VrfrV IllriV i from the way Mr. Roosevelt ex- a better understanding of the whole the first fruits of that policy, plained it to the press that it was utilitv problem which is so essential (Copyright.

19.T7. for Arizona just a bit of selfishness or bias on to the inauguration of a Republic) 35 n. Firt Av. QUICK CLEAN HEAT WITH Annual Thanksgiving Sale (Five Days Only Beginning Tuesday) (off DDIE(DIffiA31WIE ILIIMIEMS TERMS tabic linens Unusually fine rayon damask table cloths and matching napkins. Beautiful deep ivory in a choice of several patterns, all hand hemmed.

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Printed in 3 colors with choice of predominant blue, green or brown. Laundered, ready for use. 2.95 set 6888-Inch cloth and eight napkins. Regularly 12.50 set. 10.95 66x1 06-inch cloth with' twelve 18-inch napkins.

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BE READY FOR WINTER? BUY NOW! SCARFS 15x34 inches. 15x44 inches. .4.50 1 5x52 inches. 15x70 5.95 DOILEES 6x12 inches 796 10x14 12x12 inches ,.1.25 12x18 1.50 We suggest these fine heirloom linens for Christmas gifts and remember, we pay the postage on all gifts purchased here! These scarfs may be used also for buffet, as antimacassers or any place where a doilee or scarf is used Linens Street Floor, Rear Dial 4-1 161 just Southof Adam, Qflrjg) First Street, KST ADAMS WHERE PHOENIX BUYS WITH CONFIDENCE PH. 4-4746.