ELECTRICITY FOR FRANKLIN.

Pukekohe & Waiuku Times, Volume 9, Issue 602, 25 January 1921, Page 2

ELECTRICITY FOR FRANKLIN.

- (To the Eclitov). Ewen’s comments on your leader relating to the proposed electric power installations in Franklin, and desire to point out that ho has been only partially candid regarding the price nl which the proposed Waiuku company is to sell its power. It is true that 9d and 5d arc the prices arranged on with the County Council, but with the proviso that if these prites do not produce to the company i net return of 12’i per cent, they nay be raised till they do. Cambridge may have made a bad bargain r or its water power, but at all events

t knows what it will have to pay. which we should never do if the Wa’iku company succeeds in getting-th-Minister’s permission to go on. There s one other point which neither you or Mr. McEwen have touched upon, ml that is that in the one case the lower would be controlled by a proprietary company aiming at a minimi m profit of double the current ate of interest* and in the other by ■ local body that would have no in'•crest in making any profit whatever, buite apart from this question it is bsurd to contend that any coal 'riven scheme, even under the most 'avourablo conditions as to the supl.y of fuel, can compete in price with vater power. MAUKU FARMER. Mauku, Jan. 2-lth, 1921.