Business: Largest Power Pool

Last week Thomas N. McCarter* of the Public Service Electric and Gas Co. of New Jersey, announced the formation of a gigantic merger which will unite his company to the Philadelphia Electric Company and the Pennsylvania and Light Company. Perhaps the world's largest power pool, this combination will control three transmission lines, totaling 208 miles, costing $26,000,000. In 1930, new apparatus complete, the merged companies will begin to function.

*The past summer was an exciting one for portly, gruff, sport-loving hospitable Mr. McCarter. Late in July he narrowly es- caped death in a motor...

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