Weekly journal-miner. [volume] (Prescott, Ariz.) 1908-1929, 1912-03-20
WATER POWER UNDER
AFFILIATED INTERESTS

secondly, large interests lniIucnCcu
q number OF these local concerns.
and finally there was found a grow
ing relationship among the big in
tcrcsts
In California six great power cor.
poraiions. OF which the most import
ant i, the Pacific Gas and Electric
Company. with ll8.345 horse power)
together control $4,000 horse pow
cr-ovcr ~ per cent of all the de-,
vclopcd water power in the state"
Mr. Smith says in discussing local
concentration
"In Washington two companies
control 10000 horse power, or
about 10 per cent of all developed
water power.
"In South Carolina. the Southern
Power Company owns about l0i 900
horse power or Is per cent OF the
total commercially developed with
$1,000 horsepower undevelopcd.
"In the southern peninsula Of Mich
igan, the Commonwealth Power,
Railway and Light Company con
trolls $1,000 horsepower or - per
cent Of the commercially develop
ed. together with probably 7iOOO
horsepower more undcvcloped
Practically similar conditions ex.
ist in Montana. Colorado. Georgia,
and at Niagara Fails"
More important than this local
Capitalization. the Commissioner de-
clares are the operations OF ten large
groups of interests which possess
control or influence over i,82i.OO
developed horsepower about % per
cent Of the commercial water power
in the United States together with
$4,000 horsepower undeveloped.
The General Electric interests the
report declares. control or influence
10000 horsepower Of developed
water power in eighteen different
states and 640,00O horsepower OF un-
developed resources. grand total OF
over a million and a half horsepow-
or. Next are the Stone and Web
stcr Interests, the report contin-
ues. which either own or strongly
influence $4,000 horsepower chiefly
in connection with public service con
Germs. They exercise control, large
ly through management rather than
ownership. over S. or % companies
Eight have water power, the larg-
est being on the Mississippi River
and in the Puget Sound region.
The other groups are the Hydrau-
lie Power Company. Of Niagara
Falls, $4,000 horsepower. the Pacific
Gas and Electric Company. with ov-
er $4,000 horscpowex developed and
the dominating factor in large por-
ton OF California. the group known
as the ClarkeFoote- II odenpytWa
bridge interests, 100000 horsepower.
largely dominating the water power
situation in Michigan and also ac-
tive in Maine and Oregon; the South
ern Power Company, l0i 600 horse
power which owns the great bulk
OF the commercially developed pow
er in South Carolina: the s. Morgan
Smith interests Georgia. 10000
horsepower; the Brady interests
CTennessee) 10000 horsepower; The
United Missouri Rivr Powr Com
pany, 6S,OOO horsepower. which with
the Butte Electric Power Company
General Electric Group practically
dominates the power situation in
Montana; and the, Tulleride Power
Company Colorado. Idaho and
Utah) $4,000 horsepower, The last
named nine interests also include un-
der their influence S87. 900 horse
power undevclopcd
Carrying the community OF inter
est to wider range the report con
more or less relationship with each
other The two greatest. the
the General Electric and the Stone
and Webster groups. have directors
IN number Of the same corpora
tons" II is added. and the S.
Morgan Smith. Westinghouse and
Brady interests are similarly con
nccted"
Discussing an increasing afiil-
iation of water power concerns and
public service companies" the Com
missioner says:
The companies in the General
Electric Group control street. rail
ways in 10 towns, electric lighting
plants IN ~. and gas plants in ~.
Altogether. water power or allied
companies own or control and opcr-
ate street railways in III towns.
electric lighting plants in 66o towns.
and gas plants in ll3 towns.
The reasons for this are obvious.
IontrnI az th., .t,as ..s.....