New Britain Herald Newspaper, August 4, 1922, Page 14

NEW BRITAIN DAILY HERALD, FRI DAY, AUG = - = = - - — e —— [Mr. Ford agreeing to sell fertilizer at|ated and made valld througidt the no more than eight per cent profit.” | Compared to Niagara Falls, of Mr Ford, it seemé that ordinary u [~ . | plishment at Nia 124 from Preceding Page) ;r“ort continued electro-chemistry e the opportun.||I/EY have made the Niagz such speculative hydro-electric developments 5 \ and in the same way it will take ill of the chemist and the met- st, together with that of the ro-electric engineer with ample pital to develop the full possibili- Muscle Shoals, where, due to e fluctuating flow of stream, the reduced roble: are greater than those en- s | countered at Niagara Falls. report added that from the| present fertilizer industry the farmer | Asking the Impossible. might expect but little in the reduc.| _ TO cempel Mr. F tion of prices. what the operations at Muscle Sig el will be and just what they will pro- opportunity to duce, is either to limit the possibilities nitrate plants free of cost to them | of thé& project and cripple fts future 1 to be allowed without paying the| usefulness or else wy;s to ask Mr. anjd government a penny for 1%/ to do the impo: e. No onesconld them to earn nine per cent an their| 12'¢ foretold the invested operating capital hefore Tfl‘»l\ ments thirty vear ing the government anything, and aft- | IagAzR A er nine per cent was earned, adai. |2 irce o tional profits were to be equally di. | rided cen se i & q ‘g‘ol‘rp‘,ph:f,:, 7 - ”'“"‘,‘H“;‘; the | o second development of this Kind in AT S e W so favorable a location' for its perfec- 3 mplain against| tion as Muscle Shoals can not be com- Py congreas of thelputeq in dollars and cents. When to Ford's offer wiil result in a national value can with the accom- a Talls,"” the re- The applications of and electfo-metal. a Falls success- Important to Former. r consideration of all eads un- cor 1 that or the Ford offer cost of fer- armer can be ' the report declared, akably to the vered to the even declined the - the government’s the use o ago was a most {mport- spensable munitions hd conomic value to the country of ia can added the well-known Ford |interest by amortizing and returning . which mean that the econ- ed on to the con-|tion of a long-time sinking fund. ch can be perpetu- d to state just "those in the business that the general | Niagara develop- | this nation in the Great War, and | "AUGUST SALE — FURNITURE AND RUGS 0 PORTER pression of opinion on the question of including the steam power plant at Gorgas in the Muscle Shoals proper- ties to be disposed of, as requested by Mr. Ford, or of permitting the Ala- bama Power Company to purchase the reduces the cost of power to the mere | §OVernment's interest in that unit, in and maintenance, | 2ccordance with the contract executed by the company with the partment. ments Avhich, when invested in a sink- ing fund at as low a rate of interest as 4% per cent witil return the entire cost of both dams, including the $17,- 060,000 already expended by the gov- ernment. This eliminates the capital | charges and interest and ultimately | 100 year lease, irrespective of the life business judgment indicates that the American people should have the ben- efit of the Ford offer. We feel that we must accept Mr. Ford's agreement to sell fertilizer at a profit of eight per cent as an earnet of the gen. eral policy that he may be expected to adopt at Muscle Shoals. “The Muscle Shoals project davel.| oped under the Ford offer will con- tribute to the advancement of Ameri-| debtedness on a waterpower devalop- can industry by dntroducing a plan of | ment is reduced instead of being in- | waterpower development which pro-| ereased as is the customary proceed- vides the means whereby hydroelec-| ure in refinancing operations. tric power ultimately may be had in “We cannot withhold our support the United States as cheaply as in the more naturally favored countries such as Canada and Norway. Interest Is 80 Per Cent of Cost. “Since a hydroelectric plant costs a | great deal to corstruct and but little to operate, there is a feature of hy- droelectric pdwer well known to cost of operation which in a large plant is from $1.00 to $300 per horsepower per year, or less than one-half of one mill per kilowatt Now perhaps 80 per cent of the cost of hydroelectric power to the consum- | er may be taken from his power biu."' 100 Year Lease. The senators also declared willingness to agree with Mr. Ford's| request that the lease on the power! public does not appreciate. When the items which go io make up the cost of | hydroelectric power at the switch- board of the generating station are examined, it is found that under the conditions of construction and financ- | $50.000,000, ing existing in the United Statesgthe| "“.y "0 0" 00 tne fact that Mr. Ford | single item of interest on the m‘“t'\’mus\t ATinerasinkt R iE An R atucarot| ment constitutes S0 per cent or MOTe| 4o furnace products,” the report | of the cost of the power. |sald, “with such concerns as the | “Mr. Ford proposes to eliminate the | %\, iy company of America, | whose rights because of location of | their plants on non-navigable streams are not limited to 100 years, but are | | perpetual; and in view of the ucz} | that there already exists in the coun- for 30 years as prescribed by the fed- || eral water power act. They asserted | that the operations proposed by Mr‘i = Ford are on a scale without a parallel || and call for an expenditure by him of | through the opera- He of pay- the investment, therefore provides a series 7to12 A.1 Fresh HAMBURG 3 1 25¢ COTTAGE HAMS 3 35¢ b )\ e RGNS () Round and | HA i Sirloin STEAKS b 25¢ MARKET, = - WHERE THE PEOPLE SHOP -f 436 MAIN- ST.OFPOSITE E.MAINST try threg large plants, none of which/ | have rights for less than 99 years,| t it seems reasonable that, with | the responsibilities undertaken by Mr. B | Ford, it is only fair to allow him a “In deciding for ourselves Lhati @l | rather than have the Ford object re-| i | jected we will agree to the 100-year W | lease period, we have come to this | conclusion mainly because we belleve M| that it the Ford offer is rejected the | government and the public will lose 7to12 A. M. Native . POTATOES | Peck 29¢ | | more in fifty years of government | ownership and operation at Muscle ! j! Shoals than they will gain by refus- H {| ing to consent to the 100-vear lease | period in Henry Ford's offer.” Gorgas Steam Plant Also. The repore concluded with an ex- Pure Evaporated MILK | 3 I Beats Them All LOW PRICED SPECIALS FOR ALL DAY Legs of Genuine SPRING LAMB 1b 29C NATIV Roast of Milk Fed LEAN SMOKED SHOULDERS 15¢” SHOULDER STEAKS mlficm Sugar Curned CORNED BEEF 8c” Cabbage Free PORK CHOPS 25¢" Fresh SHOULDERS 19¢” Sperry & Barnes BACON! 34c ® FRANKFORTS _15¢° Sugar Cured BACON Prime Rib | ROAST OF BEEF | 25¢ " Boneless Pot ROAST OF BEEF 15¢™ BEEF 8c » BOILING Ha'f Sugar (‘ured HAMS 25 ° SAUSAGE MILK FED FOWLS MEAT b 25¢ Ib 15¢ VEAL FOR STEW LAMB FOR STEW Cloverbloom Butter WHOLE MIL Vs in prints 1b 45¢ ™ CHEESE K m25c i 15¢ Peanut BUTTER inlibecans.... 250 .. pkg 20c ! .. pkg 19¢ CREAM OF WHEAT . WHEATENA SHREDDED WHEAT ... pkg 1lc WHITE LOAF FLOUR 5 bag $1.18 2 1 Sugar Free With 1 1h best COFFEE 47c 5 1 Bags FLOUR 33¢ LARGE MEATY PRUNES : TALL JARS MUSTARD | GINGER SNAPS | MILK CRACKE, ! AMERICAN SARD | DOGS’ HEAD BASS MALT .. 2 b can 79¢ 40c 10c 19¢ 25¢ INES 25¢ Large ' }Vatem}:{glons ea:h45c Dt lpe. dozen 250 Bananas . 25c¢ Large Cantaloupes .. each 7c fi:at}:;:s ... quart loc 5c Fancy Pie Large Sweet Apples .. 3 quarts Plums .. ... dozen Ripe Native Tomatoes ....... b 5C Native Sweet " 1 5 Corn .... doger) C Native Cabbage ........ r3¢ There were local champs and world champs among the 52 competitors who raced for the Joseph P. Day cup at New York. But Miss Ger- trude Ederle, 15, left them all be- hind when che won the three and a half mile race in ore hour and one minute. UST 4, 1922, | Wotr: (Under this:plani the Honded ins | about the Gorgas steam plant.” it said, | . ‘“we feel that we can make little com- ment. mittee that “if my revised offer for Gorgas is rejected, then I must un- derstand that the acceptance of my | from a proposal which embraces a | Off€r for Muscle Shoals as a-whole and | plan that may furnish an example of | 2Ot in part is refused.’ of a suiclde was denied Christian rites their [in burial, projects be for 100 years rather than lease perfod of 100 years. il SONS 164 MAIN ST. War De- “With reference to the contention PHENOMENAL, SALE OF SILK DRESSES SATURDAY-9 A. M. $5.00 $9.00 $12.00 Mr. Ford has advised our com- e At one time in England the body " SATURDAY SPECIALS AT— Ll e et Rumford’s Baking Powder 1 Ib. MARKET C0.~ nuaLITY GODDS AT: , 318 MAIN ST C ———IECONOMY PRICES T TEL. 2485 Armour’s Lean Smoked Shoulders ............... .. Lh Granulated Sugar ........................... 10 Lbs. Large New Potatoes ........................... Peck Challenge Mk S0 onald s ey i oo Can e BIG LAMB SALE Genuine Spring Legs of Lamb.......lb. 28¢c Lamb Chops ..... Lamb Fores Ib. 18¢ -Lamb for Stew ... ..1b. 14c . Lb. 22¢ ‘Lb. 22¢ . Lb. 28¢ Lb. 33¢ Lb. 35¢ 10e 14c 39¢, Roast Pork ........... Roast Veal ....... Prime Rib Roasts .. .... Sperry & Barnes Bacon Armour’s Star Hams ... Lean Corned Beef ¢ | Lean Boneless Pot Roast . 18¢ | Veal for Stew ; 15¢ | Cottage Hams ... Fresh Cut Hamburg Choice Shoulder Steak Best Frankforts Salt Pork b, Premier Salad Dressing ...................... Large Jar 3l¢c Evaporated Milk ........... Royal Lunch Crackers Shredded Wheat Fruit Nut Cereal . | Fig Bars ... 6 cans 2 Ibs. 25¢ c... 3 cans 2 Sardines (in oil) Campbell’s Soups Campbhell’s Beans Sifted Peas Good Luck Jar Rings s 25¢ 30¢ eeyer.. 21hs. 25¢ Duluth Tonerial PG, .o 0i0eisireseine i iren. Sack LIS Wedgwood Creamery Butter ........................ Eb. 4lc .. Ib. 17¢ 2 lbs. 27¢ Peanut Butter .. Pure Lard Strictly Fresh Eggs dz. 35¢ ..... doz. 25¢ <vev.. 3 for 5¢ . 3 for 10¢ .. each 10¢ 4 lbs. 25¢ | Lemons cev.. qtl 10c ’ Native Cukes doz. 10c | Squash large head 8c 1 Large Canteloupes Large Native Onions ... Fancy Apples Large Plums Native Cabbage Sweet Corn Honeydew Melons Peac‘bes Bananas