Imperial Valley press., 1937-12-24
UTILITIES.

I 8. UTILITIES: The Admins
tration and the utility executives
should resolve to give way until
they meet on common ground in
1898. Failure to settle their diff
ferences now will be a costly mis-
take not only to the Administra-
ton and to the utilities but also
! to all the people Mr.. Roosevelt
needs good business badly and he
wants the utilities to spend deferred
| construction money - estimated at
81. 100000. Hence, 1 believe 1888
will see an armistice between the
President and the power companies.
4. RAILROADS: The I. c. c.
should resolve TO grant the rail-
roads an increase in freight rates.
Without such an advance only a
few of the most powerful railroads
in the country can avert receiver
ship. Only higher freight rates will
safeguard the investments of thou
sands of banks, insurance compan-
les, benevolent institutions, and in
dividuals Furthermore, rate
boost would put the carriers back
into the market for equipment,
Railroad equipment purchases or
dinarily have a big influence on
business activity. Because of the
absolute necessity for an advance,
1 believe that the rate increase
will 60 through.
S. BUILDING: Building work.
ers and material makers should re-
solve to lower their costs. Millions
of masonS. carpenters, painters, and
other building tradesmen are un-
employed because it costs too much
to build home today. In the last
18 months the cost of building
house has increased Is per cent.
Meanwhile, construction volume has
dropped 80 per cent. The building
boom was we'll underway year
ago until hasty wage advance and
inflated material prices snuffed 1t
out. Government pressure and the
new construction program should
force down many individual items
in the cost of erecting a home.
Building, however, will not be cheap
by any means next year.
6. FOREIGN TRADE: Manu-
facturers and Secretary Hull should
resolve they are going to work
together for the benefit of the ma
tion's total business. Industrialists
should help the state department
by making some sacrifice so that
Secretary Hull can increase our
trade with other nations in order |
that other nations may increase
heir business with us. Reviving
world markets is the soundest path
% recovery in America and the
best way to guarantee a good STAN
dard of living both here and
abroad. Next year should see some
more reciprocal trade agreements.
7. POLITICS: The lawmakers
should resolve that they are going
70 pass legislation on its MERITS
only. Now bills calling for ad-
ditional federal outlays should be
lcilled. Spending must be watched
more closely than ever. While there
is no hope of a balanced budget
next year, the resolution spirit
can at least slow down the trend
toward further initiation. There will
be plenty of new legislation IN
1888. but it will be more carefully
drawn than that of the past five
years. New legislation next year
will be aimed at giving relief to
business.
8. RELIGION: We citizens should
resolve to give more thought to
the teachings of Jesus. Only as
we ourselves become less selfish
md more honest, can we expect
others to do what have urged. The
faithful following of these eight
resolutions during 1888 would re-
store badly shaken confidence ano
1--WE everybody new hope. Some OF
them will be broken from time
to time, as are most New Yeai
resolutions. But am confident
that they can be carried out In the
main. For that reason, I am much
more optimistic than are most OF
the people with whom 1 talk. Re-
member, America has habit ol
pulling herself together in emer-
gencies. We are not all cock-eyeo
vet!