The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1943-03-22
WASHINGTON,


This time the genial Jesse has ex-
tended his generous bank-roll--on
behalf Of the U. s. taxpayer-to
the Aluminium Corporation Of
Canada to build giant power
plant In the wilds Of Quebec RI
valing Boulder Dam. There it will
be beyond U. s. control, will es-
cape U. 8. taxes, and will increase
the control which Alcoa holds in
both Canada and the United
States.
The AIcoa power project to
which Jesse Jones has been so
generous Is the Shipsshaw devel-
opment on the upper Saguenay
River, To build 1t, the Aluminium
Corporation has received from
Jesse a loan Of $68, SOC, 600 Of U. s.
Government cash. Furthermore,
Jesse Is charging no interest.
But most interesting of all, he
provides that II the plants con-
tract Is cancelled before Dec. 81,
1915, the balance Of the $68.500.-
900 not repaid by the delivery Of
aluminium will remain In Alcoa's
hands and need not be repaid to
the United States.
Since everyone hopes the war
will be over long before the end
Of 1915, in which case the U. s.
plans 10 cancel all war orders
Immediately, the aluminium
Cooperation stands ready 10 get
. nice little windfaII.
MORE MONEY FROM JESSE
In addition to this $6S,500, 900
advanced without interest, Jesse
also has advanced the Aluminium
Corporation $34. 240. 900 at 3 per-
cent. In other words. the original
$50. 100000 will just about pay for
the cost Of the power plant. after
which Alcoa can borrow up to
$34, 240, 900 at 3 per cent to oper.
ate 1t. Thus Alcoa has no ex-
pense and absolutely no risk.
While Jesse was helping promote
this giant plant In Canada, with
its large use Of strategic materials.
various American public power
projects. which could have sup
piled ample power. were aband-
oned for lack Of strategic mater
ialS.
Among them were the Shasta
project on the Sacramento RI
yer; Grand CouIe units Z, and
Q: one new iva dam; the Cello
rado-Big Thompson project;
and the Davis Dam on the Colo
RADIO River.
Jesse Jones. however, never has
been a public power enthusiast.
apparently ignoring that his chief
In the White House Is.
NOTE: For some reason word Of
the big aluminium power project
in Canada has been a closely
guarded secret until recently. Ac-
tually Jesse signed the contract in
the spring OF 1912. but his outfit
has been very mum about 1t.
HUEY'S RELICS
There is a very good reason why
the remnants Of the Huey Long
gang In the y. 8. Senate are fight
ing tooth-and-nail to line up Re
publicans and Roosevelt hating
Democrats TO block the appoint.
ment Of Ex-Governor Jimmy All
red OF Texas as q circuit court
Judge.
The Huey Long crowd remem-
bers what happened when another
Texas Ex-Governor. Dan Moody.
was sent into Louisiana TO prose.
cute one Of the Kingfish's satel-
ltes on an income tag case. The
Huey Longer involved was Abe
Shushan. who finally squirmed
out Of his income tax trouble but
later was caught in the Levee
Board deal and sentenced 70 30
months In prison.
The Kingfish boys remember
what Texas prosecutors are like.
and nov they don't want q Texas
Judge sitting on Louisiana cases.
HUEY'6 ME6sENGE BOY
One Of the leaders In the fight
against Judge Alfred u Senator
Allen Ellender, known during the
heyday Of the Kingfish as Huey's
messenger. also nIclgnamed ~Po.
tatees" Ellender because Of q 20.
tato deal In which he was Ins
volved.
offender had stood staunchIy BY