The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1915-09-08

the economics production and the place Of
the rates of the company public knowledge
that anybody buy the water companys
stock at IL its preferred stock at 40 and the bonds at p
and since lot Of these securities held by insiders it is
think that they would be offered at these prices
if the company has reasonable chance Of making eztor
tomato five per cent of profits Anybody
who has studied the entire question thoroughly knows that
three four different things will remain posse forever to
keep the Of the electrical current generated at keoku
very low.
Power generally not the most important in the
operation Of factory The most important influence
factory location is the soiproxmity to food
stufs-and this dominant law which has been In
Europe for century two is operating with very
considerable America the very center
Of the most fertile bed Of the garden Of the world
Immutable Law and the Fairy Godmother
These things are really the that determine the
future Of Keokuk Location at the site Of the
development; low price Of electric current determined by
natural law regardless of what be done by statute law
location exactly where economic law is driving
irresstibly
Lest forget be mentioned here that economic
law is just omnpoent and certain is physical law
that certain things in economics just certain to
brick fall when thrown into the air The
fact that has studied brickbats missiles
than he has studied economics and therefore knows much
about the brick than he does about the laws
factory location has nothing whatever to do with the facts
Keoluk benefit greatly from the water power
development under its bluff the certain to increase
from full quarter to full This will however
inefficient Keokuk be and in spite of anything that
Keokuk may do to prevent 1.-THE efficient Keokuk is
helping along the greater will be the benefits to her and
the sooner they of these
imperative that people spent about
$50 100000 there in the rvehe fairy godmother in this
is the Mississippi River Power company.
The Certainties of Economics.
believe the disappointment in Keokuk reduced
its terms is the time element in this supendous
achievement of Too many people thought that the
benefits would few months after the turbines began
to turn.
About the time few men and wheel barrows and
couple of mules began work at the Illinois end Of the DAM
published article giving the chronology of the Keoku
projected into the future told of the coming
time of preparation and period of constructions then told
of this period Of preparation for utilization that with
Keokuk other cities of the Power Zone then told how
commercial benefits would become first visible in 1915 and
continue to grow larger slowly but surely until they would
reach their heighth about 1925.
Perhaps Keokuk people remember that editorial
article they told at the time that crazy,
damphool pessms knocker and several other things
entirely opposite to sanity and sense.
The economic figures in that article calculated
exactly the engineering figures and the dates for
things to happen commercially reached in the
the date when the water power construction would
be finished There guess work about than