PUBLIC UTILITIES: Electric Ax

In Costa Rica's beautiful up-to-date capital, San José, sirens last week blared the death-knell of the very company which supplied them with power—big Electric Bond & Share Co.'s little Costa Rican affiliate which supplies San José and 32 nearby towns with electricity. For a year the Central American Republic's unicameral Congress has engaged in a tiff with Bond & Share. Bond & Share sought a new franchise for its affiliate, asked permission to charge higher rates. The Congress considered the proposed rates exorbitant. Month ago the Congress broke the resultant deadlock by...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!