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MANGAHAO SCHEME.

“NOW INTO THE LAST YEAR.” RETICULATION AND IDLE CAPITAL. A visit of inspection was paid by Mr G. Mitchell, secretary of the Central Progress League, to the Mangahao hydro-electric works last week. In his report to the League Mr Mitchell states: — “I found the works just getting under way again after the holiday break. The new power house which is the first big work on the road showed every sign of being pushed on, and should be ready well up to time. The surge chamber at the top of the hill is ready for concrete lining, and concrete beds are now in for the pipe line. “Eleven hundred and eightv-one feet of tunnelling has been driven since my last visit, leaving 2,029 ft. yet to drive. The position of the tunnels is as follows: — “No. 1 inlet end, 2611 ft. driven; outlet end, 224 ft. driven; total 4852 feet. “No. 2 —lnlet end, 2,479 ft. driven; outlet end, 2,520 ft. driven; total, 4,999 ft. “Total driven, 9,851 ft. To be driven, 2,029 ft. “I expected to find more progress made with the construction of the dams. At Mangahao a start has been made putting in the concrete, and one concrete-mixer is at work. At Arapeti a satisfactory bottom has been found and the excavations are being completed. Pluming has been put in to take the present stream, and all should be in readiness to start concreting in about three weeks time. “Viewing the works generally, I am a little disappointed with the progress made since my last visit. The holidays have certainly intervened, much heavy rain has fallen (which is evident by the number of slips on the way) and other unavoidable causes of delay have occurred and these must be allowed for. But now we are into the last year and work is well started, I look forward to seeing more of that well-directed team work so necessary for success in any undertaking. In such a wet place it is necessary to push on during the long days and dry weather if all is to be ready by the end of the year. “When completed these works and the necessary plant, together with the transmission lines, will cost a very large sum, much more than the people have any idea ot. the construction has been going on for over three years, involving a very large capital outlay up to the present. It is essential that the works be made interest-earning at the earliest possible moment. Apart, from the very large sum expended by the Government on works and plant, there is an even greater sum spent on to be expended, by the various power boards. The more businesslike and pushing boards are preparing for power at the end of the year. If the power is not available on time these boards will be faced with the necessity of levying a rate of payinterest on their idle plant and overhead expenses while waiting for the power. This may involve the power boards, or rather the ratepayers in the power board districts, in a considerable payment. Rates and taxes are now heavy, and the country can ill afford to pay interest on dead capital at the present time. Every effort.should, therefore, be made to expedite both the works at Manga-

Imo, the transmission lines and the reticulation work by the power boards. Where such a large outlay is involved time is the essence of economy, and only by accelerating the works all round will the people have power at an early date and be saved large sums for interest on idle capital.”

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MH19230123.2.20

Bibliographic details
Ngā taipitopito pukapuka

Manawatu Herald, Volume XLV, Issue 2533, 23 January 1923, Page 4

Word count
Tapeke kupu
603

MANGAHAO SCHEME. Manawatu Herald, Volume XLV, Issue 2533, 23 January 1923, Page 4

MANGAHAO SCHEME. Manawatu Herald, Volume XLV, Issue 2533, 23 January 1923, Page 4

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