The New York herald., 1922-02-16
Power Corporation Asks for
Fifty Year Lease From the
Government.
WILL BUILD NEW DAM
Offers to Furnish 100, 900
HORSEPOWER Free for Fed
eral Nitrate Manufacture.
Special Dispatch 90 THE NEW YORK HERALD.
New York Herald Bureau.
Washington, ID. G., Feb. IL.

Washington. ID. c.. Feb. IL.
The Alabama Power Company TO-
day added it's name to the list OK those
seeking to take over from the Govern
ment the Muscle Shoals project. This
company through it's president. Thomas
w. Martin, asks for q fifty year lease.
les offer, submitted to Secretary Weeks.
contains the following points and will
be forwarded to Congress by the Sec
r@sry:
ITO take out a license under the
Federal waters power act under which
we will complete the construction of the
dam, locks and power house at Muscle
Shoals known as Wilson Dam, or Dam
No. l. at our expense, with initial install
lation of approximately 100000 horse
power subsequent installation to be
made in accordance with the Federal
water power act as may be necessary
TO meet che market demands.
''To furnish free to the Government,
or any one it may designate, from the
hydro power plant 100, 900 horse power
as required for the production of fer
tilizers and munitions of war and for
research in connection herewith and
II. due co changes in the art this use
of such 100000 horse power is discon-
tinued by the Government the Ala bama
Power Company TO purchase and pay
for same according to Il schedule to
be set forth in the license This power
TO be the second 100000 horse power
mt any time available from the normal
flow of the river.
TO purchase the Governments inter-
est In the Warrior extension of the steam
plant of the Alabama Power Company
and facilities. the Warrior and Sher-
field substatons, the transmission line
from Warrior to Sheffield, and the steam
plant at Nitrate No. 2, together with
the necessary rights of way, lands and
housing facilities, and to pay therefor
IN five equal installments the sum of
s5,000.000. less an amount to be agreed
on to cover the cost of locks and navi-
cation structures at Wilson dam.
Whenever the safety of the United
States demands. the United States shall
have the right. as more fully provided
in the Federal water power act, to
take over and operate the project COW
cred by the license for the purpose OF
manufacturing nitrates. explosives or
munitions of war, or for any other pur-
pose.
The project covered by the license
TO be subject to recapture by the Gov
ernment at the end of fifty years under
the terms OF the Federal water power
act"
For many years" AIR. Martin said
to-day, "the Alabama Power Company
has been serving electricity TO the in
dustries and the public in Alabama. 1t
is an Alabama corporation. having sew
cral thousand stockholders in Alabama.
IT has now more than 1900 customers
and serves more than fifty municipali-
ties. 1t has more than 1900 miles of
transmission lines. an installed electric
generating capacity of 175.000 horse
power and is engaged in constructing
new hydroelectric plant on the Coosa
River of 10000 horsepower capacity
under fifty year license granted by
the Federal Power Commission. Its ia
cilities are now being used to supple
ment the power supply in Tennessee,
Georgia, South Carolina. and even so
far away as North Carolina. 600 miles
distant. and can be used in even more
distant localities"