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...whom, many sought to view as Boulder Dam villain was Russell Henry Ballard, president of Southern California Edison, who has spent 32 years growing up with his state's power development. Once president of the National Electric Light Association, Mr. Ballard is a large, heavy-set man, thoroughly schooled in public utility management. Externally genial, exhibiting an interest in his employes which takes him to many of their meetings, he is an autocratic ruler of Southern California power...

Author: /time Magazine | Title: National Affairs: Big Week for Wilbur | 2/10/1930 | See Source »

...lately bred the storm against Secretary Wilbur was a set of questions relating to Boulder Dam which he submitted to Solicitor Edward Clingan Finney of the Interior Department. Mr. Finney's answers implied that Secretary Wilbur might turn all the power at the dam over to Southern California Edison, allowing the other bidders to obtain their share from S. C. E. by subcontracts backed by bond issues. Under such an arrangement, S. C. E. would install all the power generating machinery, set up all the transmission lines, do all the real selling and distributing for the government...

Author: /time Magazine | Title: National Affairs: Big Week for Wilbur | 2/10/1930 | See Source »

...bond house specializing in utilities. Other interests joining with the Bonbrights in the formation of Commonwealth & Southern included Electric Bond & Share, United Gas Improvement, Public Service Corp. of New Jersey. Commonwealth & Southern acquired stock in many utility companies but especially control (more than 96%) of Commonwealth Power, Penn Ohio Edison and Southeastern Power & Light, all holding companies with many operating subsidiaries...

Author: /time Magazine | Title: Business: Unpyramiding | 1/20/1930 | See Source »

...went to Manhattan in 1905, worked for Hodenpyl, Wallbridge & Co. and in 1911 helped organize Hodenpyl, Hardy, the successor firm. In 1928, when Hodenpyl. Hardy was acquired by Allied Power & Light, Mr. Cobb became Allied's chairman. He is also president of Commonwealth Power and Penn Ohio Edison, and a director of American Super power...

Author: /time Magazine | Title: Business: Unpyramiding | 1/20/1930 | See Source »

...Allied Power & Light resulted from a merger of Hodenpyl, Hardy with Stevens & Wood. Hodenpyl, Hardy held stock in Commonwealth Power, and Stevens & Wood held stock in Penn-Ohio Edison. When the merger was completed. Allied Power & Light functioned as an engineering and supervising counsel for Commonwealth Power and Penn-Ohio Edison. Its inclusion in the unified Commonwealth & Southern system was therefore logical and necessary...

Author: /time Magazine | Title: Business: Unpyramiding | 1/20/1930 | See Source »

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