Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1907-04-27

Y BONANZA
granted that we never will suffer
from a lack of water.
1T was the first intention of our
company to utilize all its power at
Pacific coast points, but the attention
of the managers was directed to the
marvellous, the phenomenal develop
ment of the state of Nevada, and
they determined after mature DELHI
ration to abandon their first plan and
to enter the Nevada field and follow
ing that conception I am in your city
today, and will be in Goldfeld and
other camps later, to investigate the
present and future needs of the vari-
Gus places. Looking into the future,
as all power men must look, l can see
that If we could furnish five times
the power we at present are
contemplating generating in five
years every horsepower we could
supply could be used in this state
alone. 1t is not only the mines that
will need the power. 1t is but a
question of a very few years when
your railroad will follow other rail-
roads and equip itself with electricity
as a motive power. The trend of
thought of all engineers today is to
abandon steam, and substitute cleo
tricity.
THE company is managed by a
promoter of vast experience and of
fine integrity, Those who do business
with the company will find they re-
ceive fair and just treatment at all
times. The growth of the country
has been so splendid in the past five
years that he has no hesitancy in
placing his entire faith in the belief
that electricity will be the one prom
inent factor in the development OF
Nevada in the next five years.
who is this promoter you men
tion?" asked the reporter.
"W. H. Underwood of New York.
A man who has financed and man
aged many high-grade Industrial en-.
terprises and never has made &
failure"
, guarantee of 10000 horsepower We
: would trust that the remainder would
, be contracted for by the time we are
ready for delivery, and we woult
, turn all our thoughts, all III ener
: giles to the Nevada field and would
6 not consider any other locality il
making our plans for the future
What is the capitalization of you.
company"
: Nine million dollars"
I'm what shape is it?"
ut is fully paid in and covered b,
bond issue of the full face value"
! Where are these bonds placed?'
London holds $4,000, 900. The re
: naming three millions are placed II
Boston, Philadelphia, Washington
Cleveland and other Eastern cities.
What is the length Of the pol
line from the power plant to Tone
pah?"
81 cannot tell you the exact dis
= lance without consulting my map, bu
the approximate distance | shoul
. say is about 200 miles"
I'm that distance what would b
% the loss of power in transmission?
10 who is the engineer in charge
a who is the man who passed upon tn
- feasibility of the project from
;, scientific viewpoint" was the ne,
query.
Colonel John Bogart of Ne
York. You probably have heard
him If you do not know him. He
of wide acquaintance the countl
u over and is recognized as an autho
III ity."
rs your power plant complete; a
you ready to deliver power?"
"The power will be d~eliverab
within two years. We are at wol
actively in the preliminary stru
lures"
"Your idea, them continued Il
reporter, "at this time simply is
contract for future delivery and
ascertain definitely the present hors
power used and the possible ma!
mum horsepower at the time you W
=, be ready to supply the electricity"
Eyes, if the company can get co
tracts for enough power to warra
1t coming into this field we won
discount the future"
"How much power must you ha
Guaranteed"
~ we will generate 10000 hori
power, say. If we can get a prese
with the modern system of pow
transmission, given that 500
horsepower were generated at t
Mokelumne river plant fully 500
would arrive intact at Tonopah."
Finally" concluded the report
how about competition? There
+" other power concerns now in [