Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-06-14

say that the British Thomson Houston
company liz British concern, although
a large part Of the stock is held by the
General Electric company Of New
York. 1t has capital in debentures
and shares of about G1,OOO,OOO or Co.
GO0,000, and the stock is held not only
In the United States and Great Britain,
but also in France and GERMANY, al
though the operations are confined 70
Great Britain and Ireland.
The chairman of the board Is a mem
Der of parliament, W. A. Macarthur.
The company has been paying divi-
dends for years and as far as | can
learn is In excellent condition.
Mr.. Lewis tells me that the field for
the sale Of electrical machinery IN
Great Britain is large and constantly
growing His company Is not trying 10
introduce American machinery nor to
crowd In American goods 70 the ex-
clusion OF English. Its aim is TO find
out what the people want and give IL
70 them as they want II. II the new
Rugby factory the most or the machin-
cry viii be American, as the Americans
are farther advanced along such lines
than any other people, but the output
Will be made by British labor and in
this way the sensitlveness here as TO
the American invasion VIII be satered
TO. Indeed, the company Is using Brit
ish labor as far as possible and so far
no trouble has been experienced with
the worklngmen
The British Thomson Houston Com
pany has some interests In tram lines
and other undertakings In different
parts OF the united kingdom. but =
chief business will be TO make and sell
electrical machinery, appliances and
supplies, 1t is a manufacturer and
seller rather than an operator OF con-
cessions.
CONCESSIONS HARD TO GET
There Is one thing | want to empha-
size as to the electrical field here This
is that It is entirely different from that
Of the United States. Americans are
coming to England with the idea that
they can get concessions. for nothing,
and penniless promoters ANA expecting
TO 90 back on the next months stea.ler
with valuable charters IN their breech-
es pockets. There is no chance what
ever for such men, 1t costs from S2j,-
900 TO $50 600 and upward TO test any
sort of a street railroad concessions.
You have to pay that much before you
can know whether the concession win
be granted. II takes months and
months to learn, and at the close there
Is fair possibility that the undertake
ing is one not worth carrying out. Both
promoters and contractors have all
sorts of difficulties which are unknown
In the United States. No contracts or
concessions are awarded except by
special act Of parliament, and that only
after a costly and thorough investiga-
ton undertaken at the expense of the
promoter.
A TALK WITH A LONDON LAWYER I
had a chat yesterday with Mr.. A.
II. Monks, the solicitor Of the British
Thomson Houston company on this
subject. He showed me the methods Of
procedure necessary to acquire q
street car concession giving the differ
ent steps that are absolutely necessary
before such concession can be grant,
ed. We took UP one car line which has
been recently built and looked over the
papers. They embraced detailed maps
and plans made by civil engineers OF
high reputation, showing every inch OF
grade every street corner and every
detail Of the line Of the road. There
was great deal OF printed matter