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W M . R . SEP 2 4 1952 Res LVL&WCQ* v, PUBLIC SERVICE COMMISSION, First Judicial District Court Ho. 1**45 Los Angeles, September 22, 1952 47*7-11-104 Mr. W. R. Rouse: (cc - Mr. A. 1* Stoddard Mr. Wm. Reinhardt Mr. R. M. Sutton Mr. W. H. Hulsiser Mr. Calvin M, Cory) M <x You have received copies of Mr. Sutton’s letters of September 4 and 19, 1952, regarding the decision of the Public Service Commission of August 1 3 * 1952, in I & s Docket No. 127 as the result of the evidencetakenin the above mentioned court his letters, the deci sicaosne .© f Atsh eM rC.o mmSiuststioon n is not all.ils that could be desired. The Commission did not accept all of our recommendations with respect to the manner of cr - outing a rate base or of estimating revenues and expenses. H o w e ver&the Commission in its decision did acknowledge the correctness of the capital figures which were introduced iinn gt hseu bjoercitg intaol ahne aerrirnogn eoaunsd acommmepntl ioff th*e hCS ommilsessiioonn rr e- ferred to by Mr. Sutton that full retirementcreditaay not have been given in all cases, ^ h e m o r e the Commission did write its opinion in such a fashion to save face as much as possible, which is to be expected of a political body. As pointed out in Mr. Sutton’s last letter, the o-verall results of the Commission’s decision are not too unfavorable. The combined return on both the and distribution system with the adjustments made in the C, ommis. siog n’s rateP abyassoen aalsl vi In didoc antoetd bienl Mire.ve that this return is so low as to be confiscatory although it is lower than the return which we sought. E. E. D; SEP I l f TO0 W 'e l m m SEP 24 / v . fifT T T c<S 4 T j T q ^