February 14, 1968 (8 pages)

+ i ™ eS ya = Sa te : 2 the Nevada County Nugget Wednesday, Feb. 14, 1968 © <1 Sa * NEVADA COUNTY NUGGET?“ Gasoline in Your Home There is a clear warning of trouble ahead for the greatest energy consuming nation in the world. At present, our nation is fortunate in having adequate reserves of crude oil for immediate needs, and geologists report there is plenty of undiscovered oil in the ground. But, oil in the ground is not gasoline in your auto tank, and the fact is that as petroleum needs increase at an accelerating rate exploratory drilling activity has been on the decline. In 1957, 14,707 exploratory wells were drilled, but only 10,313 were drilled in 1966--a 30 per cent drop. The ‘prime reason for this is that oil perators are caught ina cost-price squeeze, In 1964, the latest year for which data are available, oil operators spent over $2.4 billion for drilling and equipping wells in this country, The average well--whether a producer ora dry hole--costs $55,820 and may cost as much as $3 million. In the last 10 years, the cost of oil field machinery and tools rose. 6.6 percent and oil well casing 11.6 per cent. The average hourly wages for oil and gas field’ workers climbed 32.4 per cent: In the same period, the average price for crude oil dropped from $3.09 per barrel to $2.88. The increase in the price of gasoline since 1957 has been due almost entirely to increases in federal and state taxes--close to 19 per cent in this period, The incentives necessary to future high production are a life and death matter to the industry. Retention of the percentage depletion provision of the tax laws in future years will mean the difference between oil famine and plenty to petroleum consumers, High Yield Forest Did you ever hear of a high-yield forest? If you have not, don't go looking for it in an untouched wilderness area, Nature has no time to bother with the high-yield forest. It is a creation of modern timber management, It is a lot like a grainfield where a farmer is practicing the most advanced agricultural production techniques. In the case of the forest, progressive timber companies have now found a way to produce 33 per cent more wood per acre, One timber‘ company tells how the program involves hybrid trees, new fertilizing techinques, soil analysis and a background of 20 years of forestry research. This company's efforts in raising production per forest acre is the most sighificant advance in forestry since the same company introduced tree farming back in 1941. It will mean -one third more raw material for timber manufacturing centers, greater stability for the wood products industry and continuing jobs in that industry. Modern timber management requires heavy investment of time and money in such things as scientific tree thinning and fertilizing to reach the ultimate goal of stepped up production. This is the best evidence of the long-range planning of present-day timber companies. They plan to be around for a long while, which means they expect to preserve the necessary timber resources for their operations and for future generations. This kind of conservation makes sense. Facts of Life Unless he is contemplating a heavy investment, such as the building of a home, the average person is likely to have little concern with news that the cost of borrowing money--the interest rate--is at a record high. : This is because he does not see where high interest rates have an immediate effect on his pocketbook. But, as a matter of fact, high interest rates, like other aspects of inflation, hit all of us. The capital that goes into the development of an industrial plant costs more, This must be reflected in consumer prices. Electric power, for example, requires a very heavy capital investment, The electric industry must borrow billions of dollars every year to keep up with the growing power. needs of the nation. The cost of borrowing these billions must eventually be taken into account by the regulatory agencies in.setting rates for electric service, For many years, the trend, in electric power rates was downward as companies increased in efficiency and cost-cutting, technological developments were passed along to consumers. Now, under the pressure of higher interest rates and other inflationary cost increases, the decisions of regulatory authorities may tell another story. Itshould be remembered that while the price of electric power may go up, it is still comparatively about the cheapest item in the family budget. Moreover, those who raise the cry of "overcharge" against the electric industry avoid such facts of life as the cost of borrowing money, a cost that must be borne by either the customers of the investor-owned companies or the taxpayers in the case of the socialized power projects. . Letters Mac’s mulligan Properly concocted, mulligan is one of the finest dishes . The Nugget 318 Broad Street Nevada City, California Dear Sir: Please accept this letter as my personal thanks to you for helping us in our recent snow removal problem. The coverage of the storm in your paper, I am certain, did much to assist us with our snow removal. Again, thank you very much, Sincerely, JACK M. MEADE, Director Department of Public Works Nevada{ County Rainfall Gauge , NEVADA CITY February 7 55 32 .02 February 8 55 29 00 February 9 56 29 10 February 10 51. 30 10 February 11 50 30 .00 February 12 50 32 -00 February 13 54 78 Rainfall to date 21.66 Rainfall last year 43,92 GRASS VALLEY Max. Min. R. February 7 64 36 T. February 8 64 32 -00 February 9 62 33 .05 February 10 54 32 02 February 11° 56 32 T; February 12 53 35 00 February 18 58 35 74 Rainfall to date 26.53 Rainfall last year 42.18 [NevADA COUNTY NUGGET. No, 12, 406. years, $5. 00. PUBLISHED EVERY WEDNESDAY BY NEVADA COUNTY PUBLISHING CO, 401 Broad Street, Nevada City, Ca. 95959 Telephone 265-2471 Second class postage paid at Nevada City, California. Adjudicated a legal newspaper ofgeneral circu. lation by the Nevada County Superior Court, Juce 3, 1960. Decree” Subscription Rates: one year, $3,00; two Les ‘7 PRIZE-WINNING NEWSPAPER of the CALIFORNIA NEWSPAPER PUBLISHERS ASSOCIATION ever conceived by man. ; Hopefully, that succulent dish and this column will have one thing in common: bento: G So with that for a , I'll serve up a portion of mulligan for the first (and maybe the lasf) time. IF YOU HAVE been reading the Nugget for a while you may have noticed the communities it serves listed dramatically under the flag on Page One, Kick some of these colorful names around and you can come up with something like this: a ee Da You Bet the Red Dog is Rough and Ready. And the only way — to stop him is to use tactics like Gouge Eye, Humbug or Lime Kiln, Or give him a diet of Bourbon or Scotch Hill laced with Brandy Flat, If that doesn’t give him Delirium Tremens, you'd better hide out in Blue Tent or Aathony House, If ACTUALLY HAPPENED in one of California's coastal towns. five or so years ago, but when I called the AP no one “would believe the. story and it never made the wire service. Here's the way it was: A man was. found floating face up in the bay. When police hauled him out, he was soggy inside and out but unharmed, -One of the officers asked what he was doing in the water with the tide running out. So the fellow explained that he was enjoying himself in a pub when another guest of the house told him to "Go jump in the bay!" That, ‘said the floater, was just what he did, The judge gave him five days in the pokey, drying ae. ‘ ; : ; zk 1 FORGET WHO said, ‘A woman is only a woman, but a good \cigar's a smoke," Whoever he was, he was a very brave fellow. ANOTHER ELECTION YEAR is upon us, And by the time the big conventions have passed by we'll be wondering how the American people, never noted for their patience could stand all of the hullabaloo, It’s a long time between now and November. -» ABRAHAM LINCOLN was elected president in 1860. He received 1,866,452 popular and 180 electoral votes, Stephen A. Douglas, running second, received 1,375,157 popular, 12 electoral votes, In third place was John C. Breckinridge, 847,953 popular and 72 electoral, and John Bell, 590,631 popular and 39 electoral votes. ‘Breckinridge and Bell supported secession. . Even Honest Abe ‘didn't have an easy time when running for the nation’s top post. LNeERS ; THE 1968 EDITION of The World Almanac devotes pages 639-654 to associations and societies in the United States, First on the list is the Aaron Burr Association and the last, the American Society of Zoologists, Among those I never heard of are the Aztec Club of 1847 with headquarters in Washington, D.C.; the Button Society of America in Hightstown, N.J.; and the National Counter Intelligence Corps Association, In a fast look at the long list there appears to be something for everyone, If you've been thinking about joining an organization get a copy of the Almanac, which incidentally is celebrating its 100th birthday this year. pores em THERE ARE SO MANY experts on our role in Viet Nam, I guess I'll have to contribute an opinion, Recent developments seem to make it quite clear that there will be no real end to this struggle, Even if the U.S, pulls stakes and heads for home, there is every reason to believe we will either return militarily or be so involved politicaliy, that never again will we be rid of Viet Nam, And for our taking over the French position, Charles de Gaulle should be eternally grateful, Consumer Choice If the average consumer were fully informed on the implications arising from the misnamed "consumerism" movement that has received so much publicity, he would refuse to be identified with it in any way. No responsible citizen wished to support a movement that places in peril his personal, economic and politica! liberty. 3 Mr. Richard A, Aszling, director of public relations of a major food processing company, discusses "consumerism" in an unusually clear manner. He says: ‘What we are dealing with here is in fact no “ism"--no religious creed or ideology, no fad or political doctrine. Rather it is a complex of actions and proposed actions arising simultaneously from a number of governmental and nongovernmental quarters whose aim is to wrest from private business its stewardship ofthe consumer's interests and hand it over, almost in total, to governmental agencies. If these efforts succeed, the effect on the free market system in the United States.will be devastating." Passage of such legislation would interpose the federal establishment between the, buyers and sellers. of goods and services in our free market system. In other words, consumerism, judging by present legislative proposals, is heading straight toward iinposition of the kind of controls and regulations that U.S, consumers have endured for short periods in thenameofwar emergency, However, proposed consumer legislation is now, aimed at permanently abolishingfree choice and the competitive free market system, Thinking consumers will want no part of it.

+ i ™ eS ya = Sa te : 2 the Nevada County Nugget Wednesday, Feb. 14, 1968 © <1 Sa * NEVADA COUNTY NUGGET?“ Gasoline in Your Home There is a clear warning of trouble ahead for the greatest energy consuming nation in the world. At present, our nation is fortunate in having adequate reserves of crude oil for immediate needs, and geologists report there is plenty of undiscovered oil in the ground. But, oil in the ground is not gasoline in your auto tank, and the fact is that as petroleum needs increase at an accelerating rate exploratory drilling activity has been on the decline. In 1957, 14,707 exploratory wells were drilled, but only 10,313 were drilled in 1966--a 30 per cent drop. The ‘prime reason for this is that oil perators are caught ina cost-price squeeze, In 1964, the latest year for which data are available, oil operators spent over $2.4 billion for drilling and equipping wells in this country, The average well--whether a producer ora dry hole--costs $55,820 and may cost as much as $3 million. In the last 10 years, the cost of oil field machinery and tools rose. 6.6 percent and oil well casing 11.6 per cent. The average hourly wages for oil and gas field’ workers climbed 32.4 per cent: In the same period, the average price for crude oil dropped from $3.09 per barrel to $2.88. The increase in the price of gasoline since 1957 has been due almost entirely to increases in federal and state taxes--close to 19 per cent in this period, The incentives necessary to future high production are a life and death matter to the industry. Retention of the percentage depletion provision of the tax laws in future years will mean the difference between oil famine and plenty to petroleum consumers, High Yield Forest Did you ever hear of a high-yield forest? If you have not, don't go looking for it in an untouched wilderness area, Nature has no time to bother with the high-yield forest. It is a creation of modern timber management, It is a lot like a grainfield where a farmer is practicing the most advanced agricultural production techniques. In the case of the forest, progressive timber companies have now found a way to produce 33 per cent more wood per acre, One timber‘ company tells how the program involves hybrid trees, new fertilizing techinques, soil analysis and a background of 20 years of forestry research. This company's efforts in raising production per forest acre is the most sighificant advance in forestry since the same company introduced tree farming back in 1941. It will mean -one third more raw material for timber manufacturing centers, greater stability for the wood products industry and continuing jobs in that industry. Modern timber management requires heavy investment of time and money in such things as scientific tree thinning and fertilizing to reach the ultimate goal of stepped up production. This is the best evidence of the long-range planning of present-day timber companies. They plan to be around for a long while, which means they expect to preserve the necessary timber resources for their operations and for future generations. This kind of conservation makes sense. Facts of Life Unless he is contemplating a heavy investment, such as the building of a home, the average person is likely to have little concern with news that the cost of borrowing money--the interest rate--is at a record high. : This is because he does not see where high interest rates have an immediate effect on his pocketbook. But, as a matter of fact, high interest rates, like other aspects of inflation, hit all of us. The capital that goes into the development of an industrial plant costs more, This must be reflected in consumer prices. Electric power, for example, requires a very heavy capital investment, The electric industry must borrow billions of dollars every year to keep up with the growing power. needs of the nation. The cost of borrowing these billions must eventually be taken into account by the regulatory agencies in.setting rates for electric service, For many years, the trend, in electric power rates was downward as companies increased in efficiency and cost-cutting, technological developments were passed along to consumers. Now, under the pressure of higher interest rates and other inflationary cost increases, the decisions of regulatory authorities may tell another story. Itshould be remembered that while the price of electric power may go up, it is still comparatively about the cheapest item in the family budget. Moreover, those who raise the cry of "overcharge" against the electric industry avoid such facts of life as the cost of borrowing money, a cost that must be borne by either the customers of the investor-owned companies or the taxpayers in the case of the socialized power projects. . Letters Mac’s mulligan Properly concocted, mulligan is one of the finest dishes . The Nugget 318 Broad Street Nevada City, California Dear Sir: Please accept this letter as my personal thanks to you for helping us in our recent snow removal problem. The coverage of the storm in your paper, I am certain, did much to assist us with our snow removal. Again, thank you very much, Sincerely, JACK M. MEADE, Director Department of Public Works Nevada{ County Rainfall Gauge , NEVADA CITY February 7 55 32 .02 February 8 55 29 00 February 9 56 29 10 February 10 51. 30 10 February 11 50 30 .00 February 12 50 32 -00 February 13 54 78 Rainfall to date 21.66 Rainfall last year 43,92 GRASS VALLEY

Max. Min. R. February 7 64 36 T. February 8 64 32 -00 February 9 62 33 .05 February 10 54 32 02 February 11° 56 32 T; February 12 53 35 00 February 18 58 35 74 Rainfall to date 26.53 Rainfall last year 42.18 [NevADA COUNTY NUGGET. No, 12, 406. years, $5. 00. PUBLISHED EVERY WEDNESDAY BY NEVADA COUNTY PUBLISHING CO, 401 Broad Street, Nevada City, Ca. 95959 Telephone 265-2471 Second class postage paid at Nevada City, California. Adjudicated a legal newspaper ofgeneral circu. lation by the Nevada County Superior Court, Juce 3, 1960. Decree” Subscription Rates: one year, $3,00; two Les ‘7 PRIZE-WINNING NEWSPAPER of the CALIFORNIA NEWSPAPER PUBLISHERS ASSOCIATION ever conceived by man. ; Hopefully, that succulent dish and this column will have one thing in common: bento: G So with that for a , I'll serve up a portion of mulligan for the first (and maybe the lasf) time. IF YOU HAVE been reading the Nugget for a while you may have noticed the communities it serves listed dramatically under the flag on Page One, Kick some of these colorful names around and you can come up with something like this: a ee Da You Bet the Red Dog is Rough and Ready. And the only way — to stop him is to use tactics like Gouge Eye, Humbug or Lime Kiln, Or give him a diet of Bourbon or Scotch Hill laced with Brandy Flat, If that doesn’t give him Delirium Tremens, you'd better hide out in Blue Tent or Aathony House, If ACTUALLY HAPPENED in one of California's coastal towns. five or so years ago, but when I called the AP no one “would believe the. story and it never made the wire service. Here's the way it was: A man was. found floating face up in the bay. When police hauled him out, he was soggy inside and out but unharmed, -One of the officers asked what he was doing in the water with the tide running out. So the fellow explained that he was enjoying himself in a pub when another guest of the house told him to "Go jump in the bay!" That, ‘said the floater, was just what he did, The judge gave him five days in the pokey, drying ae. ‘ ; : ; zk 1 FORGET WHO said, ‘A woman is only a woman, but a good \cigar's a smoke," Whoever he was, he was a very brave fellow. ANOTHER ELECTION YEAR is upon us, And by the time the big conventions have passed by we'll be wondering how the American people, never noted for their patience could stand all of the hullabaloo, It’s a long time between now and November. -» ABRAHAM LINCOLN was elected president in 1860. He received 1,866,452 popular and 180 electoral votes, Stephen A. Douglas, running second, received 1,375,157 popular, 12 electoral votes, In third place was John C. Breckinridge, 847,953 popular and 72 electoral, and John Bell, 590,631 popular and 39 electoral votes. ‘Breckinridge and Bell supported secession. . Even Honest Abe ‘didn't have an easy time when running for the nation’s top post. LNeERS ; THE 1968 EDITION of The World Almanac devotes pages 639-654 to associations and societies in the United States, First on the list is the Aaron Burr Association and the last, the American Society of Zoologists, Among those I never heard of are the Aztec Club of 1847 with headquarters in Washington, D.C.; the Button Society of America in Hightstown, N.J.; and the National Counter Intelligence Corps Association, In a fast look at the long list there appears to be something for everyone, If you've been thinking about joining an organization get a copy of the Almanac, which incidentally is celebrating its 100th birthday this year. pores em THERE ARE SO MANY experts on our role in Viet Nam, I guess I'll have to contribute an opinion, Recent developments seem to make it quite clear that there will be no real end to this struggle, Even if the U.S, pulls stakes and heads for home, there is every reason to believe we will either return militarily or be so involved politicaliy, that never again will we be rid of Viet Nam, And for our taking over the French position, Charles de Gaulle should be eternally grateful, Consumer Choice If the average consumer were fully informed on the implications arising from the misnamed "consumerism" movement that has received so much publicity, he would refuse to be identified with it in any way. No responsible citizen wished to support a movement that places in peril his personal, economic and politica! liberty. 3 Mr. Richard A, Aszling, director of public relations of a major food processing company, discusses "consumerism" in an unusually clear manner. He says: ‘What we are dealing with here is in fact no “ism"--no religious creed or ideology, no fad or political doctrine. Rather it is a complex of actions and proposed actions arising simultaneously from a number of governmental and nongovernmental quarters whose aim is to wrest from private business its stewardship ofthe consumer's interests and hand it over, almost in total, to governmental agencies. If these efforts succeed, the effect on the free market system in the United States..will be devastating." Passage of such legislation would interpose the federal establishment between the, buyers and sellers. of goods and services in our free market system. In other words, consumerism, judging by present legislative proposals, is heading straight toward iinposition of the kind of controls and regulations that U.S, consumers have endured for short periods in thenameofwar emergency, However, proposed consumer legislation is now, aimed at permanently abolishingfree choice and the competitive free market system, Thinking consumers will want no part of it.