Show F POWER ACT T AMENDMENTS V VM REQUESTED Vp M Manufacturers Discuss Cost Cost Costs Cost's of Fuel Fuei Shortage and Other Problems NEW NEr YORK July 2 2 Manufacturers tur t rs interested in the subject of ot w water ater power power from the standpoint of ot the consumer assembled assemble 1 here today f for tor or a conference called caned by tho the Water WaterPower P Power ower League of or America to discuss t the he the questions of ot power power shortage short- short a age ace ge cost of at fuel and amendments too toe to tobo h bo o e asked to the federal power act T Tho he league hopes to Induce private c capital to Invest In the tho en enterprises o of ot f water power development to re relieve relieve re- re i l lieve power sh shortage and ro roduco the I c COt cost ost of power to the consumer The Water Power PO league assails the workings of of the federal e eral power t act as detrimental to to water power po er I development and asserts that the tho act net t haa bM made mad It practically impossible for or private enterprises to engage In these undertaking undertaking- Tho The league also as asSerts asserts ns- ns I that tb the federal act has taken from the tho several states all their theli rights to Intrastate streams within their borders and places s' s them them in charge of ot the federal power commission commission commis commis- sion which is composed of or tho the secretary see sec of ot war as chairman the secre secretary sec sec- re ry of or the interior and arid the secretary sec eec of agriculture Also It Is asserted as asserted as- as that the act takes from congress congress congress con con- gress the powers powers It has exercised and also takes from the war department the authority vested ested In It by the constitution constitution con con- and rl rebates It these powers I to the commission n. n V I MANY APPLICATIONS Officials of ot the Water Vater Power league I assert Bert that there are on file at nt WashIngton Washington Washington Wash Wash- ington today more than applications applications Hans for far permits and licenses to de develop develop develop de- de water powers The rho total horse horsepower horsepower horsepower power of or these projects Is estimated at more than and if It they the wore worB carried to completion it would I several billion dollars to finance them thOrn League officials say t I that without exception all aU these projects projects projects havo been halted by rules and r regulations promulgated b by tho the power power power pow pow- I er commission which passed out of or I I I existence ence March Maich 4 with the tho change o of administration I Tb Tho league e declares that American Amen Ameri can financiers refuse to consider the theat investment of at hundreds of ot millions I of dollars in projects which aro are made I uncertain by the vagaries of ot a n. body of men subject to the changes which I occur in American politics s every four tour years rears It Is to discuss these features that tha t the Water Vitel Power league has called the conference RELIEF FROM DELAY A statement front from tho the league urges congress to pass tho the power act net to I create a bod body which would bo be ablo able to grant licenses to prospective power I developers an and relieve them ot of the I t tedious delays incident to getting a n. bill through ugh I congress for rot each proposed pro pro- posed development 1 t I The lea league ue announces its determination nation to make mako an effort to break the tho deadlock in water power development devel devel- in this country and bring about a an Immediate and general movement in the development of ot ever every ounce of ot hydroelectric energy In the country to the tho I end that waning wan wan- ing fuel tuel supplies may be conserved United States Senator Theodore E E. E B Burton for years chairman of ot the rivers and harbors committee of or congress con con- gress Is head of ot the con I advisory coun Coun- cil cn of ot the Water Power l league Tho The olrIc officers of ot the league I Charles Chares H. H In Ingersoll are ae I president I Charles T. T Root first vice I pr president John H. H Allen second vice president and Frederick L. L I Long secretary |