Abstract

Portland Votes No
Budlong, Julia N. | May 23, 1928 issue

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The citizens of Portland in Oregon have just declined a cut of $400,000 a year in their electric-light and power bills. The only obligation attached to the offer was their consent to the merger of their two electric-light and power companies through the purchase by the Portland Electric Power Company of the newer and smaller Northwestern Electric Company. In the offer to the consumers, the presidents of the two companies pledged their word that rates would be reduced $400,000 a year for a period of five years at least. It was promised, furthermore, that the merger would not throw men out of work.

See Also:

ELECTRIC industries; CONSOLIDATION & merger of corporations; ELECTRIC utilities -- Rates; CONSUMERS; PORTLAND (Or.); OREGON; UNITED States
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