The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1912-03-21

wafer powers, according 10 the re-
port. in three distinct phases. First
There was Capitalization of control
In each important locality: secondly.
large interests Influenced number
of these local concerns. and finally
there was found a growing relation
ship among the big interests.
In California six great power cor
poratlons, of which the most import
ant is the Pacific Gas and Electric
Company. with 1ls,S4S dorse powerl.
together control $4,000 horsepower
over eighty per cent of all the de-
velOped water power in the state. "
Mr.. Smith says in discussing local
concentration:
In Washington two companies
control 100000 horsepower, or about
seventy per cent OF all developed
water power.
in South Carolina, the Southern
Power Company owns about 10000
horsepower or seventy-five per cent
of the total commercially developed
with $4,000 horsepower undeyeloped.
In the southern peninsula of
Michigan. the Commonwealth Power,
Railway and Light Company controls
$4,000 horsepower or seventy-three
per cent of the commercially deyel-
oped, together with probably $1,000
horsepower more undeyeloped.
/ Practically similar conditions ex-
lst In Montana, Colorado, Georgia and
at Niagara Falls"
More important than this local cen
tralization, the commissioner declares,
are the operations of ten large groups
Of interests which possess control or
influence over 1,S2l,O0O developed
horsepower about sixty per cent of
the commercial water power in the
United States together with l,449,O00
horsepower undeveloped.
The General Electric interests, the
report declares, control or influence
$4,000 horsepower of developed water
power in eighteen different states and
$4,000 horsepower of undeveloped re-
sources, a grand total of over a mil
lion and a half horsepower. Next,
are the Stone and Webster interests"
the report continues, which either
own or strongly influence 27s,oOo
horsepower chiefly in connection
with public service concerns. Thu
exercise control. largely through
management, rather than ownership.
over ffty-fve or sixty companies.
Eight have waterpower, the largest
being on the Mississippi river and in
the Puget Sound region.
The other groups are the Hy-
draulic Power Company. OF Niagara
Falls, $4,000 horsepower, the Pa
c!fc Gas and Electric, Company, with
over $4,000 horsepower developed
and the dominating factor in large
portion Of California the group known
as the ClartFoote -Hodenply- Walbridge
interests, 100000 horsepower, largely
dominating the water power situation
in Michigan and also active in Maine
and Oregon; the Southern Power
Comleny, 101 900 horsepower which
owns the great bulk of the CONNER
c!ally developed power in South Car
DINA; the s. Morgan Smith interests
(Georgla) $4,000 horsepower; The
Brady interests tTennessee) 10000
horsepower; The United Missouri
RIVER Power Company, $4,000 horse
power, which with the Bottle Electric
Power Company General Electric
Group practically dominates the
power situation in Montana; and the
Tulleride Power Company COLORADO.
Idaho and Utah} $1,000 horsepower.
The last named nine interests also in
ctude under their influence $4,000
horsepower undeveloped.
Carrying the community of inter-
est to wider range the report con-
tlnues, these great groups show more
or less relationship with each other.
The two greatest have directors IN
a number Of the same corporations"
it Is added, and the S. Morgan Smith,
westinghouse and Brady interests are
Similarly connected"
Discussing IAN increasing affiliation
Of water power concerns and public
service companies" the commissioner
says:
The companies in the General
Electric group control street railways
in sixteen towns, electric lighting
plants in seyenty-etght, and gas
plants in nineteen. Altogether, water
power or allied companies own or
control and operate street railways
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