Word: powermen
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Dates: during 1940-1949
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Developed by General Electric, the new turbine is the best news of many years to forlorn U.S. powermen, who have long felt marked for ultimate liquidation by the. Federal Government. Steam plants, largely privately owned, produce some 72% of U.S. electricity, convert an average of only 30% of coal's energy into current. Hydroelectric plants convert into current 75 to 90% of the energy of falling water.* Therefore the possibilities of increasing power output and lowering costs are far greater for steam generation than for further hydroelectric development...
...high-pressure turbine, with its leap from 30 to 50% energy-conversion, was greeted by powermen last week as one more potent argument against President Roosevelt's long dreamed-of St. Lawrence seaway-power project, which would threaten with a sceptre-like "yardstick" the great privately owned, steam-powered utility systems of the industrial Northeast. Utilitymen regard the new turbine as a symbol, great as the monumental dams of the several power Authorities, that their own spirit of technological pioneering is not moribund, as friends of Government power claim. As a sound dollars-&-cents weapon against Government control...
...same hot sun brought still graver trouble to U.S. powermen. TVA's reserves were so depleted that it had only a nine-week supply of water left. In Nashville, Tenn., in the midst of TVA's vast power development, the Vultee aircraft plant had to close down, suspend work on observation planes for the U.S. Army, dive bombers for Britain...