Imperial Valley press., 1921-01-15
| |R'R|GA I | D n
DISTRICT TO
OPPOSE THE /.
EDISON CO.
Big Electric Company Is To
Issue Bonds to Hog I'M
pOrtant Project Already
Under Way by Valley
Capital.

The Southern California Edison
company has been authorized by the
state railroad commission to issue
$10,0C0,000 face value of it's general
and refunding mortgage per cent
25-year gold bonds. Permission is
given the company to use not exceed
ing $3,OOO,000 of the bonds as coli;.t-
eral security for the payment of shoSt
time loans.
In the testimony taken at the hear
ing of the companys applica tion, it
was stated that it would expe I'd So
OOO,OOO for hydrOelectric development
In 1921. meaning no doubt, but witt
out making it plain, the proposed Lee
Ferry dam project, to which the In
perial Irrigation district and the pep-
pie of the entire valley are oppose |.
The company also stated before the
commission that during the coming
year its expenditures for gene raj al
ditions and betterments to take care
OF the ordinary increase in the conf
pany's business would range from
four to six millions of dollars, and to
carry forward its construction PR
gram as mapped by it's engineers viii
require gross sum of fullJ S2C,-
100000.
The Southern California Ediso n
company's application for the Develop
ment OF hydroelectric power from the
waters of the Colorado river has be, n
filed with the Federal Power commits
sion at Washington, but no action h:
been taken upon the application for
the reason that the commits sion is
swamped with work and lack of j.
preparation prevents the empl oyment
of sufficient help to take care of tie
business it will have to consider.
The project of the company as o.
iginally planned, as has already been
published, involved the creation of T.
59o,0O0 horse power by the waters of
Marble Creek, Bright Angel Cree,
Diamond Creek and Boulder Cree';.
The United States reclamation service
eliminated from use by anyone Bright
Angel Creek and part of Diamond
creek cutting the total horse power
by one million.
protest was filed by the irrigatio
district with the Federal Power conf
mission and with the reclamation sery-
ice, and A. p. Davis, director informed
the local body that no action would he
taken without due notification to the
irrigation district officials. and pe--
mission was granted for the district
70 be represented in all ways at the
hearing.
The irrigation district officials "
course propose to combat by all means
IN their power the efforts of the Ed =
son company to secure the right to
lmpound the river waters, as it would
work great hardship and cause ire
parable damage to the great irrigation
plant as it now exists. and also for
the reason that the district has al
ready worked out plans for similar
PROJECT and has spent the sum of $7O,-
0OO Tor surveys and examination Of
Boulder canyon and adjacent streams
under the Kincaid act, and in aid of
their project the government itself has
expended the sum of $4,000 in like
examinations and surveys.
1t Is the proposal of the irrigation
district to develop one million horse
power from Boulder canyon alone. and
additional development contemplated
would add many hundreds of thousand
horse power to this. The officials Of
The district have stated that il is their
intention 10 manufacture and sell
electric power even to the Southern
California Edison company, and that
sufficient power would be deyeIoned
by the district to cover far reaching
territory.
Thomas Esparsea. 2l years old. alias