Old Yardstick in Utility Rates Made Optional
The U S Supreme Court broadens constitutional standards for rate setting, upholding the 1938 Natural Gas Act and a federal order to cut wholesale gas rates in Illinois by 3.75 million dollars annually. The decision signals possible use of reproduction cost or prudent investment theories, with mixed opinions on overruling Smyth v Ames and on going concern value. Justice Stone wrote for the majority. a three-justice minority warned against erasing Smyth v Ames and urged preserving the reproduction cost rule. The court also rejected adding went concern value to rate bases and upheld a 12 percent profit as fair.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Supreme Court
Harlan F. Stone
Federal Power Commission
Illinois
Natural Gas Pipeline Co
Texoma Natural Gas Co
Chicago
Smyth Vs. Ames
Stone
Justice Stone
Hugo L. Black
William O. Douglas
Frank Murphy
Smyth V. Ames
FPC
Roosevelt
Canton Chamber distributes patriotic placards for war effort
The Canton Chamber of Commerce began distributing 14 by 17 inch placards titled Forward Canton to downtown stores and business districts. One thousand will be handed out today and tomorrow with 1,000 more on order, aiming to boost war production as Canton ranks fourth among U S war centers with 85 percent of output in war materials and industrial employment over 35,000.
MENTIONED IN THIS ARTICLE
Oe Chamber of Commerce
Canton
B. E. Freehole
Chamber
Freehole
Briar Brae Property Sold for Residence Use
The Briar Brae home at 1820 6th St NE, long used for welfare work, has been sold by the Canton Welfare Federation to Jordan Stutz for 3800 dollars to be occupied as a residence. The East End Welfare Federation acquired it 20 years ago for a community house for employees and later used it as a girls’ home and juvenile detention site. The transfer followed June disposal authority after East End Welfare Federation, inactive for years, turned title to Canton Welfare Federation. The John Safron agency handled negotiations.
MENTIONED IN THIS ARTICLE
East End Welfare Federation
Canton Welfare Federation
Palmer Town Meeting Stalled by Sudden Heat Drop
A Palmer Massachusetts town meeting was disrupted when someone turned off the heat just before heated debates on local affairs. About 260 residents remained seated in coats as the session faced delays and discomfort.
MENTIONED IN THIS ARTICLE
Palmer
Mass
Cotton bag use in American industry soars to two billion
A 2,000,000,000 annual figure shows American industries rely heavily on cotton bags for packaging and distribution. Major manufacturers and retailers are cited as driving demand, with analysts noting supply chain implications and potential shifts toward alternatives.
Nemick Convicted in Mother's Death
Jefferson Ohio March 17 Nemick 42 convicted of first degree manslaughter in his mother Catherine Nemick 62 death after a June 22 trip to Seattle. verdict carries 1 to 20 year sentence pending defense motion. Agnes 42 wife indicted with him for first degree murder- acquitted. Body found June 28, coroner says dead about a week from a blow to the head. An arson attempt accompanied the case.
MENTIONED IN THIS ARTICLE
Repository Bureau
Jefferson, O
Nick Nemick
Nemick
Agnes
Catherine Nemick
Here
Seattle
Wash
Two Alliance Youths Lose Probation Bids
Walter Alvin Conner and Edward James Graves both of Alliance were denied probation by Common Pleas Judge Frank N. Sweitzer and sentenced to indeterminate terms in the Mansfield state reformatory. They faced a charge of operating a motor vehicle without the owner’s consent.
MENTIONED IN THIS ARTICLE
Walter Alvin Conner
Edward James Graves
Alliance
Common Pleas
Frank N. Sweitzer
State Reformatory
Mansfield
Colson Corp Introduces Wood Tricycle for Children
Elyria report notes Colson Corp bicycle maker unveils a wood framed child tricycle with wood wheels and metal bearings and axles. The article also mentions a youthful grandfather who joined the naval reserves as a cook to protect two grandchildren and handed catering duties to a daughter while his other daughters, once dependents in 1917 and 1918, now self sufficient.
Colgate 43man seeks entry after prior war deferment
Medford Massachusetts March 17 Arthur B Colgate aged 43 seeks admission after being barred from the previous war for deferment. He now presses for eligibility to enlist or be drafted under current armed forces measures.
MENTIONED IN THIS ARTICLE
Medford
Mass
Arthur B. Colgate
Standard Oil wins curfew injunction in Mansfield
The Standard Oil Co. obtained a temporary injunction stopping Mansfield from enforcing a curfew ordinance requiring filling stations to close at 7 p m on weekdays and 1 p m on Sundays. The company argued the measure was unconstitutional and a hearing was scheduled for April 13.
MENTIONED IN THIS ARTICLE
Associated Press
Mansfield
Standard Oil Co
War Plant Approved In Ohio At Five Million
Rep. Smith of Ohio announced the war department has authorized construction of a large war manufacturing plant in Ohio costing 5 million dollars. He did not know the location or provide further details.
MENTIONED IN THIS ARTICLE
Washington
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