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ouictj mumes are granted pudlic charters by the people to use public premises and to condemn private property for public use, it stands to reason that they should also be required to place the public interest—the consumer—first.
The consumer’s money, if he has any left, cannot earn more than seven or seven and a half per cent in a savings account today, in a four-year lockup, which makes it difficult to comprehend why Vepco insists its stockholders must earn more than twice that. In short, it should be clear that despite Vepco’s constant cries of “more money, more money!” its dividends record over the years is impressive, and it’s the consumer who is getting shafted, but good.
We are concerned here with Vepco because, while it does not
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