The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-06-07
Great DEVELOPMENT
IN BUSINESS WORLD
PROGRESS
= ~ = S--Iylkzkl14& -
AYDRO-ELECTRTC EXPANSION IN
SOUTH APPEARS MARVEL
TO TRAVELLER. i.
IS NETWORK OF WIRES
GREAT TOWERS AND HIGH POWER
LINES BENEFIT NOT ONLY
TRANSFORMATIONS
TO MANUFACTURE.
IS NETWORK OF WIRES

Baltimore. Nj, June s.---Three hun
dred million dollars of outside capt.
tai from the leading financial centers
Of the East and the West. from Cam
ada and from Europe, invested and
being invested in hydro electric de-
ve,oprents since / 90s, are stalking for
security upon the Industrial upbuiid-
tnR the Central South from Virginia
n Alabama and from the Gulf TO be-
yond the Appalachian range.
In this area--iarger than all New
England with a wealth of resources
that deacs adequate portrayal, with
climatic advantages ranging from the
helmy air of the Gulf. all through ris-
attitudes to the summit or al,
79heIT. reaching marty T,effe feet
snward-~there fs going on one
ne most remarkable developments
i'm the business world. Many hydro
electric companies whose investments,
made and now being made, viii repre-
e~ut upwards of one-thfrd Of a billion
dollars have networked the whole re-
gion with their transmission lines.
The traveller by rail or by road
through any Of this region is impressed
with the fact that he is scarcely ever
Of sight Of these eieetrfc wires and
their great suspension towers. new
feature has been added TO the skyline
Of that vast region. as we'll as 70 the
industrial activities Of this empire OF
potentialities.
For Coed of south.
THE most striking feature OF this de-
vrtorrr-.t- i.es< aver not. : = s--f-=
gate in millions invested nor the nun .
dreas Of towers and the thousands OF
miles Of transmission lines X is tnas
ali ~ these lines. owned ny many diff
terent corn pauies. dominated by diner =
en-. interests and not merging IN any
wav into one orFanIxatlon. are beIns
dovetaalad FOR the good OF all OF the
So,,.h one into the other, Through
eoworEirg interests the power &c
velared hv these co-ordinattng opera
ttons ss available M any moment 10
meat any emergency
If one power plant gets into trouble
newer from plants owned by other com
NAMES can be irgtantaneously -Titc ned
- r,.hout even the formally of a
telephone message the system nav an :
h.en 40 devised that in the event OF
80 stsnrnlty on any one line OF any
rornsnv mower lines Of other com
rnptes can Immediately SUPPLY Ire
neaaa A, the end Of each month the
companies through "a clearing mouse
svstar, OF examining and reporting on
their matters settle the balances WIFI
each other.
No Uncertainties Vow.
The hydro electric user. whether
railroad or manufacturer. is thus no
longer dependant upon the uncertain
ties of any one plant, which sometimes
cause delays. In she event Of trouoie on
the lines of one Company the power
Of all other companies In immeo'a'eas
avaalable for use.
rnr rroc,icai purroeea the value of
hvdro- electric power is In this way
rr~a.,y Increased nv the added safety
fnsured. II Ia an undertaking OF far
reaching Importance. Its influence IA
attracting industrial enterprises TO 'he
south will be as great as the extens
10 which these facts are pressed upon
tho attention Of investors and manu-
lecturers throughout the land EVERY
where. when properly acquainted WIN
The situation as to these power sup
niles and the resources OF the eoon-
nv manufacturers, seeing that there
can be no danger from delays due 20
any accident to one power plant. Will
.urn their attention to this section as
the coming workshop OF the world.
The aggregate capital invested IN
this con, hination ought to pc MADE the
greatest lever ever used for upiifuhg
into actual work the limitless resources
which nature has placed In the SOL
and beneath the soil of the South.
The banking houses In this country
and abroad who during the last six
~ seven wears have brought into the
Eouth these great sums owe IT to their
own rAputation and TO the safety OF
their investors to undertake such
campaign for bringing Industrial en-
ternrises into the South as has never
been carried on In this or any other
land.
Great Opportunity.
If they fail to do this. they VIII
tail TO avail themselves OF the un-
souaied opportunity. and TO some ex-
ten, fail to make sure and certain be-
yond question the largest profit for
me benefit or those who have FUR
nished this money for their handling
They are trustees the men who con-
troll this situation. not alone to their
stook holders, but trustees FOR the utiil-
ration OF such an opportunity In
way to bring to the South the largest
possible benefits. II they fail In this
lrusteeship, great responsibility Will
rest upon them. II they measure up
to the opportunity. they Will be oene-
factors to an extent that can scarcely
he measured In the upbuilding OF the
South, while benehting to a very large
sxtent their investors and making sure
and safe the security OF these invest
ments.
1t is broad proposition, outlined for
the frst time In the Manufacturers
Record OF last week Until that story
was published the public had very
little conception OF how these many
millions Of money and these thousands
Of miles Of transmission lines ere all
being tiovetailed into one great co-opera
tive scheme for the betterment of all
and with almost 1imitiess possibilities
1nr-tha bsttsrment OF the South.