The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-09-15

creasing it to meet any and every de-
mand for many years to come.
No dividends have ever been paid 20
stockholders by either the present COM
pany or its predecessor. and il is now
fairly paying the reduced interest
charge in additions to the working ex-
penses-
The policy of the present
has been an exceedingly liberal one
toward its patrons. Almost the first
act of the new directory was TO reduce
the price Of its service % per cent as
an inducement for a larger patronage.
y basic scale of charges has been
adopted by which large consumers have
n advantage of a lower rate. The
management has ever been ready to
give every reasonable inducement Cor
lOng-term contracts and for an extern
sion of the service.
AS every thoughtful man will realize.
the complications of the past. attend
ant upo the reorganization of the four
companies into a harmonious single
company, was a material bar and detri-
ment to the development of the con-
pany'S business. and in that develop
ment the whole community has a di-
rect and very material interest. Every
industry Which its facilities may assist
to establish, or to enlarge. adds to the
general prosperity. 1t is a quasi public
interest.
The millions Of capital which has
been sought and obtained from non
residents and home people has been
gladly welcomed as contributing to the
benefit of the two cities. Yet there are
enterprise without regard to conse-
quences. for purely selfish considera-
tons. They appeal to b cupidity of
the thoughtless ones, and with a grand
pose as public benefactors make de
mands upon the city authorities for
concessions unfair to already invested
capital. The city corporation is today
deriving from the Utah Light & Power
company, through it's assumption of the
obligations of the -four original com
mately $4,000 per annum) from the
franchise under which the power COM
pany operates than any other city III
the country of the same population and
under similar conditions, and this tax
is one of the heaviest of the fixed
charges which the company has
to provide for. In fact, the Utah Light
& Power company pays to the cor
poratiOn Of Salt Lake City more for its
franchise privileges than the aggregate
sum paid by all the other companies
operating under franchises in the city.
The Utah Light & Power company is
entitled to recognition - one OF the
most important interests ever devel
oped within the state. 1t is Just now
getting into position where its work
will tell for the greater advancement
of the city and state in all industrial
affairs. In so far as it has the CO.
operation of the people it can the bet
ter serve them. While the people are
usually given "A satisfactory service,
that fact of itself pea to make
them the more impatient and critical
when there are Interruptions which
even the management cannot under
stand or explain. In using electricity.
within an instant of time damage may
be done. as was just recently expert
enced, involving thousands of dollars
loss. The public should be considerable
i'm its Judgment. Its list Of officials in
cludes the names OF those who will be
| recognized as leaders in every under
taking that viii contribute to the adj
vantage of the city. and who command
the confidence of all thinking men.