Business & Finance: The Great McKee

When Grand Coulee Dam turned on the juice (TIME, March 31), it was generally said that a titanic wave of public power would soon inundate every Pacific Northwest private utility. But last week one utility laughed in the face of the spillways. Impudent little Portland Gas & Coke Company announced it would build a $1,500,000 addition to its gas by-products plant.

Boss of Portland Gas is florid, bubbling Paul Boole McKee, who comes by his enterprise naturally. His great-great-grandfather founded McKeesport, Pa.; his grandfather and father founded San Francisco banks. Paul McKee has...

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