The Bastrop Advertiser and County News (Bastrop, Tex.), No. 65, Ed. 1 Thursday, October 16, 1980 Page: 2 of 18
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Letters
Wilson: three points for the record
Dear Editor:
I'm writing to dear up
any doubts-if there should
be any-about three issues
rased in the dosing days of
the primary campaign.
(0 I strongly oppose now.
have always opposed, and
wfl continue to oppose in
the future, a state income
tax. Any inference to the
contrary was totally in er-
ror.
(2) I have never advocat
ed an increase in the state
gasoline tax. although I wo-
uld consider a one cent per
galon increase if, and only
f, it could be shown that
without it there would not
be enough money in the
State Highway Fund to
maintain the system. Any
inference to the contrary
was totally in error.
(3) I have not and do not
now oppose wiretapping if
done with proper safegua
rds. Any inference to the
contrary was totally in er-
ror.
On another matter, you
may have read about my
receiving treatment for lung
cancer. I am responding well
to treatment and do not
anticipate any problems in
effectively serving you in
the State Senate.
John Wilson
La Grange
Congratulations...
Dear Editor:
Your reporter is to be
congratulated on the report-
ing of the delinquent tax
situation in Bastrop County.
I sincerely hope he follows
thru and keeps the citfeens
of Bastrop informed.
Mrs. L. M. Browning
Cedar Creek
From the mouths of babes
Dear Editor:
Shortly after my husband
Ray Witherspoon passed
away in February 1975. I
was at my brother's house,
Thurba Smith, and 1 asked
my little nephew aged 5 to
walk home with me and
spend the night. He was
walking on one side of the
road. I was walking on the
other, just at sundown tor
nadoes were being spotted
over Austin and Bastrop.
The clouds afl looked smoky
hazy.
I was walking along so
depressed and sad and lone-
ly tears were trinkling down
and I said, "Arron isn’t it
bad people have to die and
we will never see them
again."
He paused for a moment
and he said “oh, yes we will
see them again on election
day.”
I had to smile, and I said,
“Arron, didn't you mean
resurrection day?”
He said, “Yes I guess so."
Pausy Witherspoon
_Bastrop
Shirocky gives reasons supporting newSmithville bank charter
Dear Editor:
Smithvik area residents
have been asking the appli
cants for a new bank char-
ter why we are organizing
the bank. The following ex-
cerpts from my testimony
last week before the Comp
troler of the Currency's of
free in DaOas will help ex
{dam why we see the com-
munity's need for a new
financial institution and why
we think it will be success-
ful
In the Central Texas re-
gion, there are estimates of
as much as 100 million bar-
rels of ofl reserves in the
Austin Chalk trend. Smith-
ville is on the western fringe
of this play, with as many as
100 rigs operating in the
Giddings Field, 20 or more
are operating in the Smith
ville LaGrange area. Esti-
mates are that the Giddings
Field (of which we are a
part) produced as much as a
million and a half barrels of
ofl during the month of
September.
Also, vast amounts of gas
are also being produced.
Some critics estimate the
total Austin Chalk trend as
the country’s richest oil pro-
ducing region today, and
comparable to the yield of
the North Slope of Alaska.
Federal government figures
estimate the Austin Chalk
with reserves as much as 10
billion barrels. Over 500 wel-
ls and more are projected to
be drilled in the immediate
area during the next five
years. And yet, Smithville
has just one bank.
In addition to the drilling
rigs, many oil related sup-
port facilities are locating in
the area. The Western Com-
pany is currently building a
District Office between Smi-
thville and La Grange with
potential employment of 200
employees.
PENGO COMING
The Pengo Company of
Wtyt Jtetrop gfotoertiser
PaMbhed Monday and Thursday at the Bastrop Advertiser office, S08 Water Street,
Bastrop, Texas 78602. Second Class Postage paid at the Bastrop, Texas Post Office
78002. An independent, home-owned newspaper, .ion-sectarian, non-partisan, devoted
to the welfare of the people of Bastrop County. Subscription rates $8.50 per year,
payable in advance.
Jack Fraser - Publisher
Jerry Appel - Business Manager
Davis McAuley - News Editor
Katherme Reynolds, Kathleen Claps, Chris Cice - Photography, Production
Bonnie Schnpp, Audrey Klaus - Production
Bob Standifer, Fay Pannel,
Richard Cochran, Janine Peters - Circulation
BASTROP ADVERTISER [ DSPS 045-020]
MEMBER TEXAS PRESS ASSOCIATION 1980
ENERGY REPORT
OIL
1 year ago
9-19-80
Total U.S, Production
[Indudmg Alaska] 8,7m*on h/day 8.5 mffion b/day
Total Rigs 3,124 2,31 1
Total Imports 6.7mlion b/day 7.4m«onhAlay
U.S.A. Consumption -
16.3 million barrels a day /
Midland a competitor to Sch-
himberger, has recently ex-
pressed its intent to be in
Smithville prior to 1 June,
1981, requesting 30 homes
or duplexes.
And during the past two
weeks, the Lower Colorado
River Authority has announ-
ced its acquisition of several
hundred acres of lignite in
the Camp Swift Area, with
options on thousands of
more acres. Also, that it
intends to begin strip min
ing by 1984. They also stat-
ed they would either con-
vert the Sim Gidion Plant at
Camp Swift, or build anoth-
er lignite generating plant at
( the same site.
\ At present, another Hous-
ton firm is looking to Smith-
vflle however, at this time
the name cannot be divulg-
ed.
DUPLEXES
Thirteen acres of land has
just been acquired for the
building of 47 to 57 duplexes
on the eastern limits of
Smithville, as well as anoth-
er 21 duplexes adjacent to
the Valley View Housing
Project on the southern lim-
its of Smithville.
I am happy to have been
active in helping locate some
of the above industries and
housing. There were times
when advice and assistance
could have been utilized
from existing financial insti-
tutions, however, on most
occassions, very little inter-
est was shown.
Having served the public,
and being in immediate con-
tact with the citizens of
Smithville and adjoining
areas, many of the citizens
have expressed their opin-
ions and have encouraged
us to pursue our efforts of
obtaining a second bank.
Opinions vary as to their
desire of having another
banking institution, some are
as follows:
CHOICE OFFERED
A. A choice of Banks
within the community-Where
there is no matter of choice,
the citizens leave Smithville
in disagreement or just per
sonal reasons to do banking
in neighborhood towns, of-
ten doing their shopping
there, an economic loss to
the community.
B. The availability of
money - many citizens ex-
pressed their opinion that
with two local banks, the
deposits would be greater,
and there would be more
available money for loans to
individuals and prospective
business.
C. Competition A spirit
of competition would induce
the banking institutions to
better their services and
facilities, become aggressive
and participate in commun-
ity functions.
D. Distribution of Stock
Many citizens oppose with
holding stock for a favored
few. Encourage the distri-
bution of stock, wether it be
one or more shares.
As a prospective director,
I pledge to use my past
business experiences in the
operation of the bank and
support the desires and wl
shes of the stockholders and
customers that would be iq
the best interests of a suc-
cessful bank. *
I am very confident in the
future of Smithvitte and the
Continued on Page 5
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McAuley, Davis. The Bastrop Advertiser and County News (Bastrop, Tex.), No. 65, Ed. 1 Thursday, October 16, 1980, newspaper, October 16, 1980; Bastrop, Texas. (https://texashistory.unt.edu/ark:/67531/metapth738634/m1/2/: accessed June 27, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Bastrop Public Library.