Show PROGRESS IN SPITE OF POLITICS the public has come to expect steady and undeviating progress ress from the light and power indus industry try and it has not been disappointed although the indu net income il acome dropped sharply last year it spent al almost most for construction it sold kilowatt hours of power it increased its generating capacity by 1000 kilowatts it brought service to some now new customers of which were farms and as it has done in almost every year of its bi history story it further reduced the cost ot of domestic power to an average of 42 1 kilowatt il hour the lowest fi figure axe on record it did F 11 this in spite of subsidized government competition in spite pite of excessive and rising taxation in spite of violent political abuse in spite of the disinclination of investors to put their money in an n industry which is menaced by a vast government power power social socialize lie bation program in other words it is doing a great job under tremendous handicaps which are not yet forced on adv other private business |