The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-02-22
CASH Is READY.
SAYS NEWHOUSE
One Million Dollars For Electric
Light Plant.
DOES NOT ASK FOR HELP.
WEALTHY MINING MAN TALKS
FREELY OF PROPOSITION.
CAMUEL NEwHoUsE is prepared 70

CAMUEL NEWHOUSE is prepared to
y put up S1OOO,oOO TO furnish the city
of Salt Lake a Thoroughly modern
electric light plant. This he will put
up individually, not asking any otheri
person at home or abroad for a cent to
establish or operate the enterprise. He
is ready to enter into a bond to furnish
light one-third less than the present
rates, and to give d service Tar superior
TO anything the people of Salt Lake
have had in the past
Plans?" Mr.. NewhOuse said yes
terday, in discussing the matter. IT
have no plans. 1t would be folly for
me TO discuss plans until I have some
lntimation as 70 what the city desires
10 do in the matter. 1 win not organ
lie a company Whatever ] do I will
DO personally I win Fut up $500 GOO or
I viii put up 100O. OOO-whatever -
necessary to install an absolutely mod
ern plant of sufficient capacity TO meet
all the demands OF the city
Why He Makes the offer.
Understand me- Mr.. Newhouse con-
tinued; Il have no desire to enter the
electric light business. 1 have enough
other enterprises to keep me busy
Neither do ] care to make money of this
enterprise 1 am making money enough
in other channels. But the people OF
Utah have been very kind 10 me: I in
tend to make my home i'm salt Lake as
long as the people win permit me to
remain, and 1 would like to show T1yI
appreciation in some substantial way
Il have no feeling against the pres
ent company I have no feeling what-l
ever in the matter except to relieve thel
people OF my city from a wretched light
service and give them the best servicel
that money and modern science canl
n Ill
and at the same time save them one
third Of the present rates. II the Utahl
light & Railway company VIII agree tol
do this I think the city council should
give it all the advantage over me be-
cause OF the investments already
made"
Would Install Steam Plant.
Mr.. Newhouse was asked as to the
kind of a plant he would esta blish III
granted a franchise by the city coun-
Gil
II would put in A steam plant of
course" was the prompt reply. Water
power would not be considered for an
instant, because il is too unreliable. n
would put in Westinghouse turbines
similar TO the ones I have at the Cac1
tus mine, the finest thing ever put into
service would start with 10000 horse
power, and If that were not enough
would double it. I would install three
turbines so that there would be abso-
lutely no shutting of or the light even
for a second.
II would not cOnfine my operations
TO furnishing light. I would furnish
power to all the little factories and
plants in the city This would dispose,
or the blanket Of smoke that now hangs
over the city continuOusly-rny plant
would be absolutely smokeless. ]
would furnish this power at cost, and
this would greatly stimulate manufac-
turing IN the city I would not aim to
make money out of the light. either. II
would furnish it so cheaply that every
business street would be a blaze OF
light. There is no reason In the world
why Salt Lake should not be the best
lighted city west of Chicago.
Knows What He is DoInq.
Il am not going into this thing blind
~ Mr.. NewhOuse said; I'VE have can
Vassed the matter fully and we know
Just what we can do. I am going away
to be gone some months. but I will
leave the whole matter in the hands
Of Mr.. Hanchett, who represents me
when I am away, and 1 viii back up
anything that Mr.. Hanchett does ia the
matter. He Is thoroughly posted i'm
such matters. and I rely fully on his
judgment To make the ma tier still
safer. I viii deposit. before I 90. $1c. 0O0
/ or $4,000 or whatever is thought right
as a guarantee Of my good faith in this
matter
Mr. Newhouse lays special stress on
the statement that his only desire in
the matter is TO benefit the people or
Salt Lake as slight return for what
Utah has done for him. He is convinced
that he could do this in no better way
than to give them a far better light
service for One-third less than they pay