FACE FOUR CI)t Cherokee $>cout | FA* Official Organ o? Murphy ana Charokre County, North Carolina. BRYAN W. S1PE, Editor-Managor. MISS H. M. BERRY, Ar.ociat. Editor PUBLISHED EVERY FRIDAY The Sale Of ? Power Plant The action of the Mayor and Board of City Commissioners in selling the hydro-electric plant on Xotlu River seems to be meeting with almost universal approval. As the terms of the contract with the Carolina-Tennessee Power Company become better known and understood, even wider approval is expected. The action of the city officials awaits approval of the voters of the muni cipality on the 23rd day of December but ihere seems little doubt but that an overwhelming vote may be expected approving their action' The sale is variously described as the best business transaction Murphy has ev.? er made. There are many reasons why the voters should aprove the action of the town council in this matter. Some of these reasons may be listed as follows: Municipal ownership of public utilities has never proven as satisfactory as individual ownership and all over the country there Is a tendency for political subdivisions to keep out of business enterprises. In cases where public necessity demands it, and private capital is not available, governmental agencies are justified in operating the utilities, but where private capital is available, it is better to leave business ^o Individual and corporate management. The town built the Notla dam during the highest peak of prices following the war and the Investment per horsepower of electrical energy has been so high that no profit could ever have been expected from the plant; but in the case of an accident such as the burning out of a transformer, a considerable loss Would have been experienced. The sale of the plant puts detor Calmette's position as Director of the Pasteur Institute. Paris, and his wteativeerlla I covering over twenty years gives sufficient warrant cf succ?? I that American investigators are being asked to repeat Caim?iw? 1 experiments and confirm them by demonstrations on