The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1890-08-19
he Board Of Trade Listens to Facts
About the Missouri River
Power Company.
heap Power and Abundant
Water to Be the Bened-
cial Results.
low to Get Industries to Utilize This
|Power-Woolen Mills, Railroads and
Other Matters Discussed.

DWeT company A4As ~ 40 - wA0AA>'s1S sAA~
|omoter and general manager of this en-
|.prise made short but interesting talk
the meeting of the board of trade last
|Qht. The prime object Of this project is
furnish cheap power, cheap and album
mt water for all purposes and particularly
the encouragement and maintenance of
industries. The matter of
|couraeine the establishment Of industries
Helena has long received attention in the
ard of trade. Alderman Connolly brought
discussion on this subject last night by
tifying the meeting that the city council
d appointed committee of three alder
an to confer with a like committee from
e board of trade, to ascertain and report
some feasible plan for encouraging in
stries in Helena and to attract eastern
pital and investors to engage in these
terprises. President Hotter, who presided,
pointed John Stedman, j. II. Lawrence and
IN. Harris as the committee. Mr.. Lawrence
id he had encouraged and guaranteed the
,ctrical power for the Missouri River
,wer company. He has made electricity
,tudy for the past three years and has in.
stigated and been called upon to report
Md be generated by water power and no
cation he has yet seen could be more ad.
ntageously appropriated than the Missouri
how Helena. The object ia to build up 3
rge and thrifty city here and to do
is the necessity of having factories is
vious. How to procure these is the next
estion. Several plans had recently sug-
sted themselves to him. It is customary
new sections to offer inducements to
- in nYt n
ts kind. He was familiar with the efforts
ID accomplishment Of st. Paul and Min
apolis in this direction and by Offering
lucements many factories were estab
he'd there, some of which proved fail
BE-, A great deal of caution is necessary
inviting these enterprises; the character
the people should be closely scrutlnized
d their methods be under the surveillance
home people. His plan would be TO have a
ard Of directors or q committee COM
sed Of members of the board Of trade,
amber of commerce and the city council
10 would offer to purchase power from
Missouri River Power company, this to
held in reserve and under
control =, of the committee to
or necessary power to those who contem-
ted engaging in manufactures. The
y to 90 about it would be to say, I'VE
We the power to give you free for term
three or five years-all you need, provided
b come here and employ a certain num-
of hands," When they have employed
bse people a certain length Of time-long
pugh to show that they are acting in good
th then let them have deed to the prop
which you donate to them.
mother plan Mr.. Lawrence suggested was
brought out by President Stickney, Of
Chicago, st. Paul and Kansas City rail
y, man of great ability. That is, to
m a manufacturers investment society.
is is formed and conducted something
lilar to building association, and is
much like banking institution. One
organized some time ago at st. Paul,
in few days all the stock was sub
ibed. The subscribers pay two per cent.
ney and assist new enterprises and strug-
ng old ones, giving them money on long
be at moderate rate of in
est = say for terms of from
to five years. Banking houses don't
money out more than few months at a
pe, when the paper may have to be re-
we'd and the interest is greater than the
iety would ask. The utmost care and
ation is required in tho management of q
s would keep a close scrutiny on the bus
as and the affairs of the concern should
under their direction and the company's
bks open at all times for their inspection.
Is great and helpful institution, and
weak are brought under the care and
Fice of the best citizens and 1t could not
result in untold good in the efforts to
Id up city.
is to tho amount of power the Missouri
Ice said that in the lowest estimate, when
river is at its lowest stage as it is dur
the present dry season the amount
liable will be 1900 horse power; and in
nths when the river is high it will be
portionately greater. The company has
received a report from their con-
ling. engineer who came out from
" York city for that purpose.
is q scientific and conservative man,
est stage he figures that 1900 horse
YER can be guaranteed. The plans in
re the idea of carrying the water out
"a underneath as low as the bed of the
pr, while the water will be raised to q
ervoir and thence conducted to the tribu-
es.s 80 that every pound of pressure will be
aimed at all stages of the season. Max
an approximate estimate for power in
hll quantities the cost will be S. or Sc
month for each horse power. He has
ae thorough investigation and finds
it is now costing at least $40 per
nth for each horse power. At Corbin,
~ miles from Helena, it costs $40 and
use 100 horse power; at Anaconda ii
70 the same for running such big plant,
at Granite, each of which places Mr..
grence has visited, the most careful esti-
he Granite Mountain works where they
constantly. This electrical power
os sase N 15W'n his . ides to ve ss
o have this proposed joint committee,
ONE future time, after the subject has
carefully considered. enter into con-
with the Missouri River Power CON-
for 5000 horse power for a period OF
ut five years; to give this free to men
ng alone will prove big inducement
they will furnish all the water Helena
ts, il it takes the whole Missouri river
said the company was more confident Of
bess than at any time since the project
urged. They have made excellent pro.
S with the work, and expect to be ready
business within this next ak months. II
ow late in the season, and this Is large
bfprise, and large bodies move slowly
is completed the company will furnish
er to turn every wheel in the city anG
last Helena. He spoke in glowing terms
the future of electricity. He sale
was the moving spirit of thu
r. and the time Is moi
distant when every house and home II
ana would be heated by electricity, car
through wires and generated from colo
pr thirteen miles from the city. Th'
pany has not asked the citizens for any
icy and will have all the funds nsces
to push the work to q successful com
ION. All they ask 10 that the people o
ma will give them their support b!
Fhasing and utilizing the power. III
ted it understood, however, that tn
pany would not make any contract