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THE POWER COMPANIES
[Welland Tribune, 4 September 1900]
The Hamilton Herald says:-
A Welland paper says that the Cataract Power company is attempting to buy out the company which proposes to develop electric power by conveying the water of the Welland River to heights near Jordan. The primary object of this company is to develop power for transmission to Toronto; but as Hamilton would be in the line of land transmission, and as power could be transmitted to Hamilton at less cost than to Toronto , the company, would of course,, be a formidable rival of the Cataract power company.
We do not know how much truth there is in the statement of the Welland paper; but if it is true, there is no doubt that the object of the Cataract people is to choke off competition –in short, to clinch its monopoly. They have no cause to embrace the Welland-Jordan enterprise in order to acquire another source of power. By tapping the Chippawa river at their present source of water supply they can get water enough to yield them 50,000 horse power in addition to what they now have.
If they can get control of this rival enterprise, they will be fortunate indeed, for they will have command of the electrical situation in Toronto, as well as in Hamilton-or at least until the Niagara Falls power becomes a factor in competition.
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