New Britain herald., 1922-12-08
USING WATER POWER IN PLACE OF STEAM l
II Such Method Was Employed Tons of Coal Could Be Saved,

New York. Dec. s.--"utilization Of potential waterpower resources in this country and substituting such power for steam would save 600. .ooo. 900 tons Of coal q year." said President John B. Miller of the Southern California Edison company of Los Angeles at the closing session of the sixteenth an- n,,ai convention of the Association of Life Insurance Presidents here this afternoon. MT. Miller urged the life insurance companies to make further investments in hydro-elcctric power securities and help save the present enormous waste in water power. Ills subject was Waste in Conservation of Water Power"
 we all know that there has been waste in the conservation of water power because water power in this country has not been developed as it should have been" said MT. Miller. "That condition of waste in conser- vafion lasted for over ten years years which should have been spent In development, but now am happy to state public opinion has forced change in the law surrounding the development of water power, and for the last two years there has been great awakening in development. Con- gress has enacted laws which make 1t possible to finance water power de- velopment with security to the invest or, with every conservation and pro- lection of the public's ownership and interest.
 Many Horse Power.
 Tn the United States today there Is water power developed and unde- yeloped amounting to 64,000,00 horse power. Seventy per cent of this water power is west of the Mississippi, and Of this 70 per cent, 40 per cent is in the Pacific coast and Mountain states and 23 per cent is in the three Pacific coast states. At the same time there is in the United States 114,300.000 horse power in prime mover power, but of this 65,000,000 is in locomo- lives which should not perhapS be used in this analysis, or at least nut all of 1t. 23,000,000 is used by public
  turers, mines and quarries. or this prime mover power 70 per cent is 10. cated east of the Mississippi and 30 per cent west of the Mississippi
 Now if water power were substi- futed for steam power, assuming the development of all of the 54,oo0,000 potential water power resources of the country, the saving in coal per annum would be 6O0,0OO,o00 tons the value Of which on pre-war basis would be $2,000,000,0 0,000 The equiva- lent saving in oil would be 2,0oo,o0o,- Oh0 barrels. with an approximate value of sc,0o0. 1000, ,ooo. At present prices the values would be nearly double---or $4.O0o. 900, 900. It's Aaiuva- lent in man power would be 64S,oo0,- GOO men working eight hours day.
 Saving Labor.
 sIn addition to the saving in coal by the substitution of water power for steam power, there would be a saving of the labor of 1.5o0 900 men annually in the mines and for trans- porting the coal. and of .,0oo.0oo freight cars and 10000 locomotives now used for this purpose.
 "Now I take it that the greatest interest which your association can have in this situation is, how can you consistently be q factor in helping to stop this waste and in bringing about the water powers development.
 "I have been told that .out of $s,- 900, 0oo, ,000 which you gentlemen have invested, only s7l.o80.oo0 is invested In securities Of electric light and pow ar, utilities Including steam driven as well as hydro power plants--less than one per cent. take it that 1t is your desire not only tpsinvest the funds entrusted to you with the utmost safety. but where 1t is consistent with that safety to invest them in chan uels that will conserve waste and in crease productivity, you are glad to do so,. and I suggest that the char acter of the security of which I have spoken is well worthy of your inves- tigation. that you can find many prop critics that will answer all of your requirements for safety and conserva- fism, and at the same time help to bring about the conservation of a tremendous amount of water power which is now running to waste.'