V. K. LEADS THE WORLD The railed States leads the world in the development of water power. Forty per cent of the working water power of the world is In this country, where a total capacity of 9,243,0(10 horsepower has heen installed, in-stalled, according to a report of the United States geological survey issued is-sued recently. New York loads the states with I ,-lino, ,-lino, (ion horsepower developed y water power, and California comes second with 1,1 1 1,000 horsepower. The largest single power plan! in the world is hi Niagara Falls, with K70)'noo Jiorsepower capacity, hut the major part of this development la on the Canadian side. Europe has One-third of the developed de-veloped water power of tho world. France. Italy, Germany, Norway, Sweden and Switzerland have each more than 1,000,000 horsepower working. With Its water power ami steam generating plants, the United States furnishes Its people with the cheapest cheap-est and most efficient electrical power pow-er In the world.