Daily Kennebec journal., 1911-02-25

power that it rents. which It was no
| feasible to use i'm it's business
| William II. X. Abbott of Watcrvile
former agent of the Lockwood Co.
and former treasurer of the Keuncbec
4 Water Power Co. said he believed thai
4, the granting of the charter would be
a benefit to the people driving logs or
| the kennebec river and the other con
Germs as well. He stated that the Kn-
nebec Water Power Co. had alread!
expended S160.000 for improvements o.!
| the river. including the rebuilding OF
dams. He understood that the Kenne-
bee Dam & Reservoir Co. vas to eX-
pend $4,000 for the same purpose. but
cross-examination from Mr.. Heath de-
veloped the fact that the amount
| which the Kennebec Dam & Reservoir
Ce. had agreed to expend was one
| half of any amount up to $4,000. and
| Mr.. Abbott admitted that he hadn't
| read the charter through. On being
asked by MIR. Hanson il lie meant that
all the lower proprietors on IN" ken-
nebec river would get better water
supply by means of this project, lie
| said that lie did and explained in de-
tail now this matter would be brought
about.
Alfred s. Black. Il member of the
board of aldermen of the city OF Rock
land and president rf the Portland c.
mcnt Co. of Rockland. arosc from til"
spectators at this point and said that
lie was absolutely in favor of this
proposition. The great difficulty With
Rockland and knex county was tho
lack of power. lie said that his COM
rany could use 1000 horsepower TIc
was cross-examined by Mr. Heath as
I" what steam power cost there and
Mr.. Black replied that it cost a cent
and half per llillowat hour, but that
he believed he could get power from
Mooselead at IA cent per kilowat hour.
Mr. Black WAS sharply eross-aues-
toned by Hon. job II. Montgomery IF
Camden in regard to Roekland's eed
OF power but Mr.. Black insisted that
they were suffering for cheaper power.
he was also questioned by both Mr.
Montgomery and Mr.. Heath in regard
to the cement plant that he represent
ed and he said that while il had not
yet been started there had been more
money spent in preparation than any
OTHER industry had expended for years.
MIR. Hartman at this point assured
Mr.. Black that lie could furnish him
power ats10 per cent. cheaper than It
could possibly be furnished Ivy steam
ana Walter :. WXman of Waterville
informed Mr. Black that the Central
Maine Power Co. had offered to Cur
nish him power at practically the same
figure.
Harvey D. Eaton. representing the
Central Maine Power Co said rc APP
pearcd in opposition to the bill He
did not want to be understood as an
ohstructionist to progress No one has
the right to do that unless their in
teresis are in jeopody as is the case
of his company in this case.
In giving history OF the Ccntra!
Maine Power Co. he said thev had a
wire connecting the towns and cities
from Dexter to Gardiner, having five
power plants and three steam plants
for the development of electricity. A
new steam plant for the development
Of 10000 Xii is proposed at Farming
dale, but only 5000 win be developed
the coming season.
This company has given special at
tention to furnishing power for man
purposes. 1t now supplies
the Edwards Mfg. Co. at Augusta
with 1000 II. p. the L.. \. & w. st.
Ry. and the industries along the Ken
nebec. 1t is ready at all times to CO.
operate with a manufacturing concern
for the Development of power and will
undertake the work SO the power can
I al, .1r
If an Industry is not along its lines
d line Will be extended to ii. In Burn
ham it has an undereloped power. at
Oakland another, in addition to large
power on the Kennebec. They will
sell electricity anywhere at very
low price. To one firm they are nov
delivering current for eight mills a
xii. hour; to another thev deliver i'll
for 10 mills Il xii. hour. Mr.. Boston
knows tnat contracts have been made
for a smaller rate. but the company
is now owned b. the Central Maine
Power Co.
During the past year we have raised
more than one million dollars. The
coming year we shall raise and invest
100000 that We now know about to
supply the people with what they want.
The amount now invested by our COM
pany is now over s3,000,00o.
This money comes largely from the
Maine people. Besides the bonds own
cd by oar state savings banks. is the
stock owned by 1909 Maine investors,
all of whom are interested in this pro
posed legislation. Not that we want
to throttle the Industries of the State,