Word: hydros
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...however. Outlanders listened even more attentively to what the country's prime Democratic officeholder, the governor of the state which contains Niagara Falls, would have to say about Water Power. For six years New York's Democratic governors and Republican legislatures have bickered violently but fruitlessly over hydro-electric control. Alfred Emanuel Smith, as Governor, laid down the Democratic plan: state ownership, control and development of St. Lawrence River power sites. The Republican plan: control and development of power sites by private interests under mild state supervision...
...Besides large holdings in Goldman Sachs Trading Corp., Central States Electric and Blue Ridge, Chief Shenandoah investments last fall included: American Tel. & Tel., Commercial Investment Trust, Consolidated Gas of Baltimore, Electric Investors (now merged with Electric Bond & Share), Hydro-Electric Securities Co., Southern California Edison, Pacific Gas & Electric , Pacific Lighting, North American...
Last fortnight's news that Niagara-Hudson Power Corp. (J. P. Morgan & Co.) had acquired Frontier Power Corp. (Mellon interests) set Governor Franklin D. Roosevelt of New York agog (TIME, Sept. 23). The news meant that 80% of New York State would now be served by one hydro-electric company. While the headlines of Governor Roosevelt's announcement that waterpower must be saved for the public from the Power Trust were still streaming across the front pages of newspapers, reporters received a novel invitation. They were invited to assemble within the precincts of No. 23 Wall Street, the House...
News that the Niagara-Hudson Power Corp. "Morgan Combine," had bought Frontier Power Corp., "Mellon Company" (see p. 41), sent billows rolling across the political sea. Governor Franklin D. Roosevelt of New York (Democrat) declared that the fact that 80% of New York State is now served by one hydro-electric corporation made it necessary for him once again to urge the Legislature (Republican) to create a body of public trustees to develop St. Lawrence waterpower for the people. He called attention to the fact that although the power company may own the bank of the river, the state owns...
...years the state of Maine has had a law forbidding the export beyond the state boundaries of hydro-electric power. Moreover, Maine is the seventh largest producer of hydro-electric power in the U. S., third largest potential producer east of the Mississippi. Last week Maine voters were offered a referendum on a new law permitting the export, under supervision of the Public Utilities Commission, of power generated in excess of local consumption...