Indianapolis Times, Volume 44, Number 289, Indianapolis, Marion County, 13 April 1933 — Page 6

PAGE 6

SHOALS ACTION IS FULFILLMENT OF LONG DREAM ‘White Elephant’ Soon to Be Economic Boon for South. BY MARSHALL M NEIL Time* Special Writer WASHINGTON. April 13.—The dream of the Tennessee river valley development, of final efficient utilization of a world war legacy that heretofore has been a white elephant. comes nearer fulfillment this Week than ever before This is the meaning of President Roosevelt’s message to congress on the Tennessee valley plan, built around government operation of Muscle Shoals. This dream, held longest by Senator George Norris (Rep, Neb.i has been taken out of the nebulous realm of hope and theory, and in mathematical calculations, army engineers have estimated the hard economic results of the development. These are four: Results Are Numbered 1 Cheap power for the valley, furnishing a yardstick by which may be measured the reasonableness of rates charged elsewhere by private companies. 2. Flood control, not only in the Valley of the Tennessee, but also along the Mississippi river, of which the river is a tributary. 3 Navigation the opening of another large and naturally rich section of the country to the benefits of water commerce. 4. Manufacture of cheap fertilizer, a considerable item in the expense of farming. Powvr Costs Pared If the great, Wilson dam at Muscle Shoals, on the Tennessee river in Alabama, is operated by the federal government, hydro-electric energy may be manufactured there at a cost of 1.36 mills per kilowatt hour, with interest at 4 per cent on the 5150,000,000 investment, and proper charges for depreciation, amortization, maintenance and operation counted in. This power, the army engineers estimate, could be transmitted a distance of 350 miles, in conjunction with existing steam plants, at a cost of 4.16 mills per kilowatt hour. Compare this, for instance, with the domestic price of 3.9 cents charged in Washington, D. C , for each of the first 50 kilowatt hours cf power consumed. The flood control advantages have also been translated into concrete figures. Floo-d Peril Lessened “Floods occur frequently on the main stream and on the lower part of most of the tributaries,” says the Tennessee river report of the army engineer corps. “The damage done by ordinary floods is not great, but the flood of 1926 caused damages estimated at $2,650,000 ” The district engineer states that still larger floods are possible and that a flood of the magnitude which might be expected to occur once in 500 years would do damage amounting to $14,000,000. Including damages from such future floods he estimates the average damage from floods at $1,780,000 annually. Proper control, by building the Cove Creek dam in east Tennessee and others to hold back hundreds of thousands of acre feet of water, would prevent this damage. The engineering report also estimates that it the Tennessee were improved as a nine-foot waterway, large movements of freight would follow at a great saving over the present cost of movements by rail. UTILITY REFORM GAINS Dozen or More States Approve or Consider Stronger Statutes. Jiil Scrippx-Ilounrd Xncapapcr Alliance WASHINGTON. April 13.—Drastic reform of utility regulation has been approved or is being considered by the legislatures of a dozen or more states this spring Dissatisfaction with existing rate schedules is the reason for the change in most of the states. Minnesota and Vermont have under consideration the fixing of rate schedules by legislative action as a 6hort cut. Several other states may adopt legislation ordering their utilities commissions to reduce rates. You'll be singin’ while you shave HERE’S pood news, men, that you’ve been waitin’ for a long, long [time. BARBA- i SOL put an end to the messy shaving brush. Now it improves the quality of your rarer blade. Fine tool steel plus careful workmanship that’s the combination that makes shaving as easy as rollin’ off a roof. These blades are made bv the oldest tool-makers in America. They are sharp as a surgeon’s scalpel. Every one is keen as Einstein’s mind. Just put one of these new blades in an old three-post holder and turn it down. Now shave. You’ve never known anything like it. If you’ve mislaid your three-post razor, never mind. You can get a brand new one from BARBASOL together with five of these new blades for only 35<.

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THE INDIANAPOLIS TIMES

APRIL 13, 1933