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Show UTILIZING NIAGARA'S WATER POWER. Niagara Falls is to be set to turning water wheels on the Canadian side as well a3on tha American. It is stated by Engineering JN'etcs "rhat capitalists connected with the London Electric Supply Corporation (Limited), of Dept-ford, Dept-ford, England, hae agreed to begin operations for utilizing the power of Niagara on the Canadian side before March 1, 1S92. The sum of $200,000 has been ueposited with the Niagara Falls Park Commissioners of Ontario, to be forfeited if the agreement is not kept. It is proposed to utilize this power to generate electricity of enormously high voltage, which will be transmit ted .to various cities for light and power purposes. The syndicate pay 625,000 per annum for their franchise for ten years, the rental then increasing increas-ing to 835,000 in the twentieth year." |