The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1912-03-19

water bowers according to the report.
In tire distinct phases. First there
was a Capitalization of control in
each important locality: econdly
large interests Influenced a number
or those local concerns, and finally
there was found u growing relation
snip among n big interests.
IN California six great power cor
porations, Of which the most import
ant Is the Pacific Gas and Electric
with 11S,343 horse
power, together control $4,000
morse poWer-over 80 per cent. Of all
the developed 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 10000
horse power or IS per cent Of the
total commercially developed with
!3,oOO horse power undeveloped.
I'm the southern peninsula of
Michigan, the Commonwealth Power,
Railway and Light Company con-
trolls $4,000 horse power or IS per
cent. OF the commercially developed,
together with probably 1900 horse
~ IliOIt ODtd.
"Practically similar conditions exist
IN Montana, Colorado. Georgia and
at Niagara Fails"
More important than this local cen
traliZation, the Commissioners de-
clares, are the operations OF ten large
groups Of interests which possess
control or influence owe 1,S21,000
developed horse power, about 60 per
cent of the commercial water power
in the United States. together with
1,f49,0OO horse owe undeveloDed.
The General Electric interests. the
report declares. control or influence
$4,000 horse power Of developed
water power in eighteen different
States and 640,O 900 horse power of
undeVelOped resources. Il grand total
of over a million and a half horse
power. Next. are the Stone and
Webster interests" the export con
tinues. which either own or strongly
influence 27S.0OO horse power chiefly
in connection with public service con
Germs. They exercise control, largely
through management. rather than
ownership, over ga or so companies.
Eight nave water power, the largest
being on the Mississippi River and in
the Puget Sound region.
The other groups are the Hy-
Ni otiA 4 O"Sl 1oI'iPoIy " 4riGShi q
Falls, $4,000 horse power, the Pa
cifc Gas and Electric Company. with
over $4,000 horse power developed
and the dominating factor in 4 large
portion Of California. The group
known as the observation-disclosures
Walbridge interests. 10000 horse
power, largely dominating the waite
power situation in Michigan az alst
active in Maine and Oregon; tn
Southern Power Company, 1O1,oOt
horsepower. which owns the gTea
bulk of the commercially developed
power in South Carolina: the S. Nor
gan Smith interests tGeorgia), 1900
horse power: the Brady interest
(Tennessee(, 10000 horse power tn,
United Missouri River Power Com
pany General Electric group prac
tically dominates the power situatiol
in Montana, and the Tulieride POwe
Company Colorado, Idaho an
Utah), $4,000 horse power. The las
named nine interests also include I'm
der their influence $4,000 hors
power undeveloped.
Carrying the community Of inter
ests to a wider range the report con
tinues. these great groups show NOR
or less relationship with each othe
THE two greatest the General Elec
:. tric and the Stone and WeDSte
groups, have directors in a numbe
of the same corporations, IL IS addet
and the S. Morgan Smith, Westing
2 house and Brady interests are SINH
[ larly Connected
Discussing IAN increasing aifiliatlO
I, Of water power concerns and publ
| service companies" the Commits
!, sioner says:
u The companies In the Geners
4. Electric group control street railwa.
I in 16 towns, electric lighting plant
: in 70. and gas plants in 10. .Altogeth
er. water power or allied companie
I own or control and operate stree
railways in III towns, electric light
. ing plants in 669 towns n ga
plants in 113 towns.
e "The reasons for this are obFlou
g Control Of the chief
e power both insures a market II
. power and excludes others. Inns cor
y nectiOn between great power grOuk
and tho apopriea that directly SPrS