The Providence news. (Providence [R.I.]) 1891-1906, 1903-01-01

20 900 horse power on the Ontario side.
are owned by New York men In the steel
trust. headed by j. +. Morgan e. Co. also
owners of most of the huge industries
on the American side and the gigantic
Clergue industries on the Canadian shore.
The steel trust has been passing
through the 500 canal on whalebacks up
ward of 20.000,000 tons Cf Lake Superior
iron ore TO reduction works in Ohio and
Pennsylvania. AS fast as smelters and
Bessemer steel plants can be erected at
the Soos this ore Is to be bolted and re-
duced there To save the difference OF cost
between steam and electric power. av-
eragins about $50 per horse power in
favor of electricity.
At Great Falls, Mont, the Great Falls
Electric Power company. backed by j. p.
Morgan a. Co. and James j. Hill, has 25,
600 horse power i'm operation and 5000
horse power in process OF completion. All
the copper ore from this region ia smelted
here by electricity, at cost OF s. per
horse power, as against so per horse
power formerly paid for steam.
1t costs sl.000000 to install $4,000 horse
power at Niagara Falls, and 100000 TO in.
stall $4,000 horse power at Great Falls,
writes Usited States Senator Paris Glib
son. At Niagara Falls power Is sold at $50
per horse power. as against 81 nj Great
Falls. lie further states that the new
5000 horse power will cost only $4,000.
so that the cost OF power at Great Falls
10 the manufacturer will be reduced to
$3.50
In California the longest electric trans
mission system in the world Is largely A.
nanced by II. II. Colgate, OF New York.
This Is n merger system and comprises
the Bay counties, Standard Power and
Iuho companies. etc, operating two cir
cults. OF 40 and 220 miles. or n total
length OF SSe~~niles. Two fyew York banks.
represented by George A. Bstchelder.
have also invested I'm this system. 81, 225. =
600 Of the capitalization OF se.0oo,oco
SUPPLIES POWER
This system supplies power for the op-
Grafton and transportation Industries,
from tho operation Of Cornish pumps and
mining hoists of tho deep gold mines OF
the Mother Lode 90 driving tho street
cars OF san Jose. 200 miles away Between
these points are the gold drcdges Of
Feather river. lighting OF twenty cities
and towns. pumping water for municipal
use. pumping water IN for irrigation dis
tricts and out for reclamation tracts. op-
Grating nour. milling and woolen mills at
Marysvlle. Vallejo and Port Costa: rail-
road shops nj Sacramento. the navy ward
at Mare Island. powder works at Pinols,
state Institutions at San Quentin and
Napa, smelling and manufacturing works
az san Pablo bay. street railways and
printing presses at Oakland.
I'm Colorado the Pixies Peak Power
company largely owned by New York
capitalists, supplies power 60 twelve OF
the richest gold mines In the world and
five OF the greatest Industrial companies.
also largely owned by New York capital.
lists one OF the heavy New York owners
OF these enterprises is Samuel Newhouse.
United states Senator Clark. Of Mon
tana. is one OF the heavy owners OF the
Helena Water and Electric Power com-
uanv. Missouri River Power company.
Canyon Ferry. Mont. and the Montana
Power company. of Butte. operating
transmountain circuits. respectively 10.
20 and q miles long, which operate vast