The Billings Gazette from Billings, Montana • 3

Monday. October 28. 1 974 but incumbent Race has everything WIIWB I LP S17 ILfl BTB 5QBCfl CHEYENNE (UPI) The race for the office of Wyoming State Treasurer is unique in a way it has all the earmarks of the traditional clash of the challenger vs. the incumbent, except that neither candidate has interest rate would not be worth today what they were at the time," he says. Witzenburger says Wyoming voters believe that not a single dollar of their money has been poorly invested in the last three and one-half years.

"Investments within the state have been doubled from $70 mil Herschler charges distortion lion to $140 million, and at the same time interest earned on investments has increased from $13 million in 1970 to $25 million in 1973," he says. Mrs. Phelan charges that Witzenburger's only experience "consists of two ppointments to person fails to make beneficial use of his water right, he will lose it," Herschler said. York banks, and Eastern power companies. Witzenburger denies investing in Canadian banks, and has demanded a retraction apology from Mrs.

Phelan. On the question of the New York bank investments, he says some temporary deposits were made only because Wyoming banks usually refuse them due to their short-term nature. Moreover, he says, the Laramie County State Representative was one of those voting in favor of legislation authorizing the shor-run New York deposits. Another of Mrs. Plielan's accusations deals with what she calls "six million dollars in undisclosed cash value losses." Witzenburger said his opponen' doesn't understand the principles of investment.

He admits that if the bonds she refers to were sold today, there would certainly be a $6 million loss. "Obviously with interest rates as they now are, any bonds purchased in 1971 at a much lower investment activities. And she has blasted what she calls the "musical chair game" between her opponent and Grif-fifth, who is now running for Witzenburger's job. Griffifth was constitutionally prevented from succeeding himself. "My worthy opponent was appointed as deputy treasurer in 1970," she says.

"Less than two years later he was appointed auditor. Now we find him running for state treasurer and his former boss running for auditor. In this kind of game the voters can only lose." Witzenburger counters with thi argument that his two and one-half years in Griffith's office gives him the ability to add continuity to the investment process. He says the experience has also given him a better understanding of the job. As deputy treasurer, I handled the bulk of the investment effort for the state," he says.

"I believe myself to be experienced and qualified for the position of state treasurer." Mrs. Phelan accuses her opponent of making unwise investments in Canadian and New held the office. State Auditor Ed Witzenburg-er, a Republican and former deputy state treasurer, is the "incumbent," and faces Elizabeth Phlan, a 54-year- old Laramie County Democrat, in the Nov. 5 general election. Although Witzenburger is the present state auditor, 1974 marks his first try for elective office.

"I haven't even run for dog-catcher," he says. The 54-year-old retired Air Force colonel won his present job through an appointment by Gov. Stan Hathaway, who needed a replacement to fill the unexpired term of Everett Copen-haver when he retired because of poor health. 'At the time of his appointment, the former fighter pilot was working as deputy to the present state treasurer, James Griffith. Mrs.

Phelan has criticized the investment policies of the state treasurer's office, and Witzenburger has defended them, playing the role of the incumbent. She calls for frequent audits of the operation and installation of a new accounting system to aid guvernmeni omces ana nis experience in collecting both his fpHpral npnsinn and hie ctata Schrader explains aid to schools CHEYENNE, Wyo. (AP) State Superintendent of Public Instruction Robert Schrader Monday only 15 per cent of the $5.4 million in federal aid to education reaching the state this year goes to administrative costs. Schrader, seeking a second term as the state's chief public school officer, said $4.6 million is distributed to school districts. He said the money is used to support programs for the handicapped and disadvantaged as well as to pay for library, carrer education, Indian education and adult education programs.

"Without this federal funding school districts would have, great difficulty in providing the necessary services, supplies and materials for teachers and students," he said. Angela Davis is refused job SAN FRANCISCO (UPI) -Angela Davis won't be teaching-at San Francisco State University. Devere E. Pentony, dean of the School of Behavioral and Social Sciences, said Friday that Miss Davis had asked for part-time work but was told there were no such positions open. And even if there were, Pentoy said, she would have been rejected because of her reputation.

Miss Davis was fired as a philosophy instructor at UCLA because she was a Communist. salary." "MEET DENNIS" water allocated under the Colorado River Compact." "I am sure the senator knows me well enough to realize that I know the basic law, that if a Utility plans fish hatchery BOSTON (AP) Boston Edison whose power usually is of the electric variety, is going in for fish power. Edison and the Masschusetts Department of Natural Resources have started the initial stages of a $2 million project to build a salmon hatchery near the company's Pilgrim nuclear power station in Plymouth. The hatchery would use warm water discharged from the plant to raise salmon eggs. Edison says the hatchery could raise as many as a million fish a year.

San Quentin has lockdown SAN QUENTIN. Calif. (UPI) San Quentin Prison was under general lockdown Saturday following the 68th stabbing this year at the prison. Prison information officer Bill Nyberg said there will be no exercise period for the 2000 out of the 2787 inmate population involved in the lockdown. Nyberg said most of the violence is connected with drugs and the lockdown was the start of an attempt to "dry up" the drug sources.

The latest stabbing occurred Thursday night. CASPER, Wyo. (AP) Ed Herschler, Democratic gubernatorial candidate, charged Saturday there had been "con-si era ble his views during the political campaign. Herschler did not specifically accuse any political opponents of deliberate distortion. He said Sen.

Cliff Hansen, R-Wyo. had been misinformed, however, when he criticized him for his stand on Wyoming water rights. "I am afraid that my good friend, Sen. Hansen must have been misinformed as to what I said. I.

said it wasn't necessary to follow the concept of 'use or lose' water, I was specifically talking about underground water and interstate compact water and especially Judge studies Hughes' motion RENO, Nev. (UPI) The fate of a criminal indictment against billionaire Howard Hughes is up to a federal judge who said Friday he would review arguments in the "novel case" before ruling. SINUS Sufferers A LECT HtrVs good naws for you Exduiiva new "Hard-cor" SYNA-CIEAR Decongestant tablets act Instantly and clear all nasal sinus cavities. One "hardcoreM tablet gives up to 8 hours relief from pain and pressure of congestion. Allows you to breathe easily stops watery eyes and runny nose.

You can buy SYNA-CLEAR at all Drug Stores, without need for a prescription. Satisfaction guaranteed by maker. Try It todoyt Introductory offer worth 1 .50. Cut out this ad Take to one of the stores listed below. Purchase one pack of Syno-Clear 12's and receive one more Syna-Cleor 12-pack free.

Jones says opponent has outrageous position AG. "Art" JOSLYN Democrat To the office of Yellowstone County CORONER IN NOVEMBER Your vote will be appreciated Pd. for by Democratic Central Comm. Donna Small Vice Chairman $150 Introductory Offer Worth He's our specially trained technician with the experience to give you fast, efficient service on alt of your major home appliances. Call Him Today DAVIS RADIO TV 1945 GRAND Phone 252-5131 "Now available PRUVO Cough Syrup from the SYNA-CIEAR people." "My opponent's apparent lack of concern is shocking.

Water is too important to our state to agriculture and to the entire environment for the people of Wyoming to elect a man who has publicly shown a fundamental lack of understanding in this field," Jones said. PHARMACY School mill levy becomes big issue SHERIDAN, Wyo. (AP) -Republican gubernatorial candidate Dick Jones has accused his opponent of maintaining an "outrageous" position on Wyoming water rights. Jones said Democrat Ed Herschler has "shown a pitiful lack of understanding of the importance of protecting Wyoming's water." Jones said if the state doesn't put its water to use other states would establish a right to use it, "and the people of Wyoming won't be able to touch a drop of our own water when we need it." Tired of floor coverings that don't stand up to claims? "at HOUSER'S 1425 Broadwater By J. PHILLIP MAGERS CHEYENNE, Wyo.

(UPI) -Wyoming voters face three proposed constitutional amendments on the ballot Nov. 5, one of which, the 12-mill statewide school levy, has become a major ietfflefir YOU MAY NEVER SEE VALUES LIKE THESE AGAIN! I tl (Sl ESS youfCARPET Department STOMJ "1 with the impact problems and will need the additional funds. Hathaway who leaving after two terms as governor, has also supported Amendment No. 2, which would create a permanent fund for revenue from half of the 3 per cent minerals severance tax approved by the 1974 Wyoming Legislature. The monies in the Wyoming Mineral Trust Fund would be invested as set out by th legislature, with income ddeposited with the state treasurer in the general fund.

The legislature also would specify the terms under which funds could be loaned to local governments. In his last message to the legislature Jan. 23, Hathaway proposed thethe 3 per cent severance tax and the permanent fund. The remaining amendment on the ballot, No. 2 has virtually been ignored, probably because there is no need for it now since Wyoming has no state income tax.

If one is ever adopted however, it would require a tax credit for sales, use and property taxes. Proponents have argued that it would attract new industry and force all other sources of revenue to be tapped ahead of a state income tax. Opponents say this kind of specific requirement should not be locked in the constitution. They say such a credit would benefit some taxpayers more than others and that the amendment determines the form of future taxation. It pays more than ever to buy Frigidaire 8 Mm DISCOUNT PRICES Authorized Mill Outlet Minimum 300 Rolls in Stock now.

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One would provide a credit against any future state income tax on sales, use and property taxes. The other would create a permanent fund of half of the 3 per cent minerals severance tax. The proposed 12-mill school levy has attracted the most attention because of its direct effect on the finances of almost every school district in Wyoming. Outgoing Gov. Stan Hathaway has given it his strong endorsement.

Simply states, Amendment No. 3 will do away with the present 12-mill tax collected by the counties for financial support of schools. It would replace it with a tax, not to exceed 12 mills to be levied collected and distributed on a statewide basis. The two gubernatorial candidates, Republican Dick Jones and Democrat Ed Herschler, have taken opposite sides of the question. Jones, who sponsored legislation calling for the vote as a state senator, supports the amendment.

Herschler, coming from a mineral-rich area, opposes it. Herschler says the amendment leaves to the legislature the question of how the money will be distributed. He also fears it might let the state "get its foot in the door" for creation of a statewide school district. Jones, however, says the proposed amendment requires that the revenue go directly into the present school foundation fund for distribution the same as other state school aid. The legislature, however, can always alter that formula.

Jones notes that in less than 10 years, 70 per cent of Wyoming's assessed valuation will be in only a few counties with mineral wealth. The 12-mill state-wide levy is necessary he says, to equalize that wealth throughout Wyoming. "There's no question in my mind that the schools are underfinanced," the former Cody state senator said. School boards in mineral-rich areas of the state have largely opposed the amendment. One of their major arguments is that they are going to have to wrestle Call Billings Frigidaire 15.2 cu.

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