Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1924-05-15
HEARINGS ON SHOALS
BIDDING To CONTINUE
UNTIL FIRST Of JUNE
General Manager of Ala
bana Power Company Ex-
plains Plan of Joint Bid

WASHINGTON, May 10. - The
Muscle Shoals hearings likely viii
continue until June ], Chairman Nor
ris, of the senate agriculture commit
tee, said today. adding that he die
. not see how they could end earlier
as he wished to- hear the testimony
II expert government engineers after
sbpporters of the various proposals
had concl1 -
Supporters Of Henry Ford's bid are
expected to act soon to force a sen
ate vote on Ford's proposal, and the
first move is likely to be an effort
to have the committee dischaI ged, il
was said.
Senator Harrison, Democrat, Mis-
sissippi, spokesman for the Ford sup
porters on the committee, declared
today that "as far as it lies within
my power there will be some definite
action respecting development OF
Muscle Shoals, or there will not be
any adjournment of congress-"
Much Testimony Coming
Chairman Norris said the power
companies witnesses would require
several days to complete their testi
mony, the Hooker White-Atterbury
bidders wished to submit more evil
dence, supporters of the Lloyd bid
remained to be heard, and he Wishe ]
to hear government experts, which,
he declared, would carry the hear.
ings to June /.
Chairman Norris, who has a bill
pending providing for government
operation of the shoals plants and
who opposes to the Ford offer, said
he believed the Ford proposal woulG
be beaten if it came to a vote in
the senate.
Senator Underwood, Democrat, Ala
bama, who some time ago requested
Chairman Norris not to delay the
hearings and to give the senate an
opportunity to vote on the Ford bid,
is known to be prepared to lead d
fight for such Il vote.
Senator Harrison has warned the
Shoals committee that unless it re-
ports the Ford bill he will move to
d icharge the committee and put the
bill on the senate calendar.
Senator Helm, Democrat, Ala
bama, another member f the COM
mittee, also urged report on the
Ford bid, which he favors.
Power Company Chief on Stand
EIfAtaf Nd pan
eral manager of the Alabama Power
company, appeared at today 5
Muscle Shoals hearing of the SEN
ate agriculture committee to eX-
plain the Associated Power COM
panies bid for Muscle Shoals.
Yates said the power companies
offer was in the interest of the gov
eminent with the view of produc-
ing fertilizer and distributing power.
He said the proposal was signed by
the Alabama Power company, the
Tennessee Power company and tn.
Memphis Power and Light company
although all of the power compa,
MES in the southeast were interest
ed in the proposal.
He expressed willingness to
modify the bid to suit the demands
Of the COMMITTEES.
Yates said power would be dis
tributed over large portion OF
North Carolina, South Carolina
Georgia, Alabama and Tennessee
through intercornected high volt
age transmission lines OF the ASSo-
ciated Power companies.
Would Form Corporation
Yates said the power companies
would agree to organize a corpora
ton. wI1n a capital of $1500O,0OO in
| cash. to lease Nitrate Plant No. /,
Abe water power projects to be oper-
a ated under the federal water power
act.
The witness said he was certain
power companies in Mississippi and
Louisiana would join the bidders he
represents.
Yates said the fertilizer proposal
contained in the bid. was made by the
Tennessee Electric Power company
Memphis Power and Light company
and the Alabama Power company
together with Raymond f. Bacon
Theodore Swami and Louis c. Jones
This proposes the formation Of
a corporation for the" manufacture
of nitrogen and fertilizer at or neal
Muscle Shoals, with an initial CAPT
tai OF $4,000, 900 and the right to use
one or more processes which have
been commercially developed fol
fiXation OF atmospheric nitrogen anC
for the manufacture of phosphorit
acid.
The corporation would maintain
Nitrate ant No. in it's present
state of reaC ness as long as +he gov
eminent desired to hold it for eX
plcsive production.
The company would construct, a
or near Muscle Shoals, a plant t
produce annually fertilizers whi~l
contain so 900 tons of fixed nitrogen
to be sold at a net profit of not more
than s per cent, he said.
Would Buy Sheffield Plant
eff the government so desires,
Yates said, 1.-THE company will pur
chase the Sheffield steam plant fol-
$4,500,0 900 cash. or will lease it a
an annual rental Of A per cent or
that figure"
He declared the company agree:
to furnish 100, 900 horsepower energy
at actual cost to be used for the man
ufacture of fertilizer at Muscle
Shoals.
Associated with the power compa
MES in the proposed production O
fertilizer, Yates said, were Raymond
f. Bacon and DR.. Louis Jones. indus
trial chemical engineers of New
York city; Theodore Swami, presden
of the Federal Phosphorus compan,
operating in Alabama, and T.. NJ. Al
len, president OF the Mathieson Al
kali Works, INC. New York city.
Ill., H,tto