Daily Kennebec journal., 1911-02-25

present the message to the committee
and to the Legislature that they should
NOT dispose ,)f any more rights and
privileges without due consideration of
the people OF the State. He started in
to explain at ,ength reading from seN-
eral typeWritten sheets his plan for
regulation af the proposed corpora
tion. He declared that il was the in
tention of the Kennebee Dam u Res
erNoir CO. to create a trust and he
would limit the capital Of the com,
panv to S6.0e0.000 and provide tnat all
, dividends in excess Of 20 per cen1.
Should be turned into the State treas
urv.
senator Kellogg suggested at this
Foirt that as the hour was growing
late Mr.. MacFarane had better place
his proposition in writing IN the hands
of the committee. but this did mt pre-
vent Mr.. MacFarlane from threaten
ing the Democratic party with dire
misfortune If they failed to heed the
Voice of the people in this matter.
Nhan Hon. job II. montgomery of
Camden arose tn represent the cleo
trical powers of Knox county he was
warned by Mr.. Kellogg to be brief
His rCmarks although brief. were de-
cidedly 10 the point. He declared that
the charter asked for failed to protect
the feInpa aics that he represented in
any way, although it protected AL the
other intcr. sts
W, NJ bradley of Portland, r,prt-
sentirS too Portland Electric CO..
said tiat thc bll was absolutely un-
fair and unjust. The company was
Under no "hligations as a public s,r-
vie" corporation bul had the right t.
sell power where 1t pleased He said
that HE Portland companies had plenty
- extra power in the daytime and
could not make both ends meet nm
! !. = th"r sell il.
Hon. eArus W Davis of WaterI lille
argued that Maine has thrown away
| her timhorl. nds and has Just been
aroused to Tho fact that what nat
| urll resources remain should be con-
served. In closing uc said We like
| Ny Hartman and the mon associ-
| ated with him and arc glad To have
| them come into this State, but Why
| should not thc5 come under the gem
"ral law. Gentlemen, don't let this
matter go to a referendum AZ it sur, =
| lF viii. wait until it can he handled
| ~ . reasonable and plain manner. "
Hot Forrest Goodwin of Skawhcgan.
wished 10 know Of Mr.. Hartman i'
tts company would give the mill own
| eTs aS mrch as they take away.
Either in storage or in saving" re-
nli"d Mr. Hartman. Mr. Goodwin
declared that $4,000 900 OF capital and
lo,0"e cmp}"ves asked for the amend :
mont Which Mr.. johnson had presented
earlier m ii" hearing but Mr.. Harri
nan replied that The amendment was
too ara ~tie. MIR. Davis at this point
sald that tAc fact should not he lost
sight o1 thft thos. two Interests could
make an agreement without tho con =
sent Of Inc people. Why not d. some
thing To satisfy 900 00G or 200 Qua peo-
pie F. f. Boston said that the mill
owners insisted upon an amendment
and it WAS finally decided that the
Question of the amendment should h'
deci led in an executive session of tho
committee at which the parties i'll
torstcd would be allowed to be present
Mr.. Heath in closing made n mos
eloquent plea for the conservation q
the water powers of the henncbe
valley. He declared that the propose
bill was Il most abjcct surrender %
the rights of tho people and that tn
kcnnebec Water Power Co, AID tn
! KenncEcc Log Driving Co, had n
moral right To get together and seei
To- bind ,ae pcopl" In an agrcerlen
ui this kind.
Mr Hanson ia closing for ihc propon
ents said there was demand FOR powe