News that the Niagara-Hudson Power Corp. "Morgan Combine," had bought Frontier Power Corp., "Mellon Company" (see p. 41), sent billows rolling across the political sea. Governor Franklin D. Roosevelt of New York (Democrat) declared that the fact that 80% of New York State is now served by one hydro-electric corporation made it necessary for him once again to urge the Legislature (Republican) to create a body of public trustees to develop St. Lawrence waterpower for the people. He called attention to the fact that although the power company may own the...
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