File:Pacific service magazine (1924) (14594702300).jpg

Identifier: pacificservicema1627paci (find matches)
Title: Pacific service magazine
Year: 1912 (1910s)
Authors: Pacific Gas and Electric Company
Subjects: Pacific Gas and Electric Company Electric utilities Electrical engineering Public utilities
Publisher: San Francisco : Pacific Gas and Electric Company
Contributing Library: San Francisco Public Library
Digitizing Sponsor: San Francisco Public Library

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e whowishes the friendship of the public mustget it by performing real service to the pub-lic; second, that the public must realizethat such service is being rendered at thevery minimum of cost. Our own electric light and power busi-ness is rendering its service upon the small-est possible basis of return, i. e., for the barewages of the capital invested in service. Wehave no voice in fixing the current rate ofwages of capital; those wages are fixed inthe open market. Capital always has theoption of engaging in our business, underthis strictly regulated limitation, or of en-tering some one of the hundreds of unregu-lated industries where there is no limit. Theadvantages we can offer come from thesafety and stability accompanying carefuland efficient management of this necessarybusiness. Upon the subject of political owner-ship the report said: Municipal owner-ship agitation seems to be losing ground. Inthe whole United States, out of upwards of2,300 municipal electric enterprises that
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K. E. Van Kuran, general convention chairman have been attempted at one time or anotherabout one-third have gone out of existence,or have become customers of utility com-panies. Of those municipal enterprises thatremain only a handful are regarded as suc-cessful—even by enthusiasts—and this hand-ful must depend mainly either upon con-cealed drafts on the taxpayers, or upon con-stantly greater and greater construction ex-pansions to conceal their real situations. The report attacked tax-exempt securitiesas furnishing the means by which municipalenterprises shift their costs upon taxpayerswithout the taxpayers knowledge. Theyhamper industry and promote stagnationand decay. They encourage political ex-travagances and conceal from the public thereal cost of those extravagances—for whichthe public must pay. At the Public Relations session, Mr. R.E. Fisher, Pacific Gas and Electric Com-pany, San Francisco, presided. Mr. M. H.Aylesworth, managing director of the Na-tional Electric Ligh

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