Word: algonquin
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...Texas Eastern's President Reginald H. Hargrove was not far behind. He also formed a subsidiary, Algonquin Gas Transmission Co., jointly financed by his company and two big New England gas utilities, and asked to supply New England. The FPC, arguing that a single supplier was logical, tried to get the two enemies to join hands but Symonds refused. So FPC split the market, giving Northeastern the bigger share (54%) but Algonquin the best market, Boston...
Symonds hustled to extend Tennessee's terminus from Buffalo, 300 miles into New England. Last fall he began serving 35 utility companies in New England. Algonquin still has not finished its $44 million, 254-mile pipeline from Lambertville, NJ. to Boston, but has only a few gaps (e.g., a quarter mile near Peekskill, N.Y.) to go. Symonds has done everything he could to keep Algonuin from finishing...
...seemingly pointless request: he asked FPC for the whole New England market. The FPC, having already decided the case, threw his plea out without a hearing. Symonds went to court, charging that FPC's action denied him due process of law. Cheerfully, he explained his action: "They [Algonquin] delayed us for two years . . . and made all the trouble they could. I'm just vindictive enough to want to do the same thing to them...
...Algonquin sniffed at the suit, went right ahead laying its pipe. Last April it got a shock. Philadelphia's U.S. circuit court ruled that FPC had, indeed, injured Northeastern, ordered its plea for the whole market heard. Algonquin appealed to the U.S. Supreme Court and went on building. But last October the U.S. Supreme Court threw out the appeal. Algonquin finally woke up to the realization that it had spent $40 million on a pipeline which it had no legal right to use. It begged FPC for a temporary "emergency" permit to finish the line...
...George Washington's autograph on the first page of his Bible. ¶ The Eliot Indian Bible of 1663, first complete Bible to be printed in America (translated into the language of the Algonquin Indians by the Rev. John Eliot). ¶ The so-called "Jefferson Bible," a red morocco-bound copybook, in which Jefferson, a deist, pasted the words of Jesus as clipped from Bible texts. ¶ President Truman's inauguration Bible, in which he noted in ink on the flyleaf: "There was much scurrying around to find this book on which to take the oath...