The Grit-advocate., 1907-10-11
MILLIONS MORE
FOR COLORADO
GIGANTIC WATER POWER Pro.
JEcT DOES NOT LACK
FUNDS.
GREAT PROPOSITIONS
ELECTRIC POWER WILL BE GEN
GRATED BY GREAT WATER
FALLS IN MOUNTAINS.

Denver, Colo.-Fifty million dollars
in ready cash has been placed at the
disposal of the Central and Eastern
Colorado Power Companies to develop
power in this state, and the question OF
finances will not enter into the tre.
mendous undertakings now in course
of consummation. The final surveys
have been completed for big dam and
three power plants in Estes park which
will cost slO,OO0,000, and which viii
generate 3O,OO0-horse power 1t is eX-
pected that work on them will begin
soon after the first of the year.
Options are said to have been Sc
cured on big power site within shor,
distance of Denver, which, in addition
to the plants now under way, will give
the company sufficient power to oper-
ate almost every machine In the state
that requires power of any kind.
The plans of the Central and Eastern
Colorado Power Companies, as they are
gradually being unfolded, are assuming
proportions which are almost beWilder-
ing A statement was made by man
in close touch with the affairs OF the
company which clears away any doubts
as to the promoters of these enter
prises having sufficient money to carry
the plans through as outlined. He
stated that he knew positively beyond
any shadow of doubt that the company
had at its disposal $50,000,000 in ready
cash and that practically all this money
would be used in the generating OF cleo
trical power in Colorado. This amount
is almost double the total capitaliza-
ton of the Central Colorado Power
Company, the parent organization. and
its auxiliary companies.
Has New sites.
The company has secured control OF
additional power sites in the northern
part of the state which will enable 1t
to generate almost double the power
previously announced as being cOntem-
plated. The site for this big dam is in
Thompson canon, near Longmont, and
close to the border of Estes park. The
final surveys have just been completed
by the engineering department and the
plans submitted to the board of direc-
tors. The plans involve the expendi-
ture of $10,0OO,0O0 on this one project
alone and will generate 10000 horse
power. )
A storage reservoir with n capacity
of 1000 100000 cubic feet Of water is
to be built at the head of the South
fork of the Thompson river The dam
to hold this water will be 1G5 Feet high
and will back the water up for one
mile into Estes park. The first power
plant is to be located at the foot OF
the dam, where an incline drop OF 200
feet will be secured before the water
enters the turbinS. This plant will
generate 10000 horse power. The
water will be carried from this plant
down the canon in big tubes to the
forks, where a similar plant with an
equol capacity will be constructed.
This plan will be followed to where
the Handy dam is now located, where
the third plant with $4,000 horse
power will be located. After the water
is used for generating this power It
will be carried out to the agricultural
country beyond and be used for irri-
cation purposes.
Plant Near Denver.
1t is understood that in addition to
the big site in Estes park that the
company is negotiating for big site
in close proximity to Denver, which
will equal in size and Importance any
OF the plants now contemplated in its
plans. 1t is said that options are held
on this property and that the deal may
be closed at an early date.
The new scheme for Estes park
makes the fourth now under way by
the company in addition to the smaller
companies which are controlled by the
main organization. These are the
Estes park proposition, the big plant
in Boulder canon, twenty miles frd
Denver, the Shoshone plant near Glen.
wood Springs, and the Gore canon
plant on the Moffat road. The com.
pany Is the one incorporated with
Myron T. Herrick of Ohio, as the head.
1t is said to be backed by the General
Electric Company, and it is thought
that some other big interests are as.
ISOLATED with these people in the deals.
Much speculation has been INDUCED
In as to what use all of this power is
to be put. The plants will be capable
OF developing sufficient power to run
almost all of the machines in the state
without taking into consideration the
pig power plants of the Northern
Power Company and its allied COM
panles, the Summit Power Company
ana the Denver Gas and Electric Com
pany.
Has Folks Guessing.
1t has become generally known that
tne Union Pacific is figuring on cleo
trifying Its entire system through the
Rocky mountain region, and it has
been supposed that it may purchase
ITS power from the Central company.
The trouble with that theory is the
presence of David Moffat and Thomas
Walsh on the board Of directors OF
the company, and 1t is not thought
That Mr.. Motfat or Mr.. Walsh would
De Interested in plans to supply the
Hartman roads with power Mr. Moi
lat recently stated that he had not at
;ended any of the meetings of the
BOARD and that he had nothing to do,
With the management of Its affairs.
ne first company planned and the
foundation out of which the big organ
cations sprang was the New Century
Light and Power Company which tried
o secure the Gore canon site ia
III