The Birmingham age-herald., 1920-10-21
ADVOCATES MORE
 MONEY FOR PUBLIC
 UTILITY PURPOSES
AddinSeII Addresses Rotarians Making Plans For Expansion Funds to Develop Service
 Institutions

Capt. H. M. Addinsell made an interesting talk to Rotarians at their meeting yesterday aft ernoon in the ballroom of the Tutwiler hotel. His subject was ''The Financing of Public En- terprises in the United States. ' Captain Addinsell is a member of the firm of Harris, Forbes & Co.,, brokers and bankers of New York. He spoke of the ways and means public l utilities which served the public had ot getting money to extend their work He declared that the people didn't | realize how important the telephone i electric lights and gas were until they fAayed out. He appealed for a square l deal for all utilities.
 FAIR PROFIT They must make a fair profit pr their investment or they will not bs able to expand and give the additional service which the public calls for, he stated. In his opinion, utilities must be sl monopoly, but a well-regulated monopoly. When these utilities are rot given a fair profit, then they must go out in the open market and com - pete with other countries to sell bonds with which to secure the money neces- sary for them to expand.
 The Alabama law prescribed the limitation to taxing power of municipalities, he said, and utili- ties in this state are forced to pay more for the money they get to serve with.
 All visiting balloonists were guests of the Rotary Club. The ballroom took on gala appearance with it's decora. tions of United States, Belgian, French and Italian flags miniature balloons and the bright colored uniforms of the foreign contestants. A special table was reserved for the visitors and a hugh basket of red carnations formed the center decoration.
 THE AERONAUTS
 Major Virgil Evans made brief talk, in which he thanked the Rotary Club for it's assistance and co-opera- ton in bringing the international ball Icon race to Birmingham. Te then in- troduced the visiting balloonists, each receiving an ovation.
 Allen W. Hawley, organizer of the Aero Club of America, made a brief talk in which he mentioned a few of the outstanding events in the history Of ballooning. He stated the sport was first instituted 1e0 years ago in France.
 Free ballooning is one of the best and cleanest sports in the world" said Mir. Hawley. Tt is the fairest and withal. one of the safest sports that the people can indulge in today. It should be encouraged in younger peo- Die and should be practiced by per sons of maturer years.''
 In speaking of the air mail route, MT. Hawley stated that this service has been authorized by the govern ment and $192000 has been appropri- ated for it's institution after a long, hard fight. He stated it would mean very much for Birmingham to be on this route and urged the city to go after it.
 HAWLEY SPEAKS
 MT. Hawley spoke of the splendid re- ception the balloonists had received in Birmingham, and thanked the club and the citizens in general for their hospitality
 At the conclusion of the speaking, Lieut. Ernest DeMuyter of Belgium. one of the most famous balloonists in the world, made a brief talk, thank ing the club for the reception it had given them and for the use of the flag of his country in the decorations. He apol- crgized for his poor English, but was assured that no apology was neces- sary, as his talk had been thoroughly understood and was appreciated. R. c. Foster was introduced as new member by Haskins Williams. The meeting was concluded with the sing ing of "America" by everybody It was led by B. B. Burton.