IEEE Power & Energy Magazine - March/April 2018 - 92

those precepts remain at the heart
of the NYPa today because hughes's
policy was passed along to a newly minted Democratic state senator: fDr had
just won his first election and attended
hughes's farewell speech. the 28-yearold absorbed this policy and put them
into action later as governor of New York
and as president, from the Power authority in New York to the tennessee Valley
authority to bonneville and Grand coulee in oregon and washington.
theodore roosevelt continued pressing for public hydropower, even after
woodrow wilson won the 1912 election.
two years later in upstate New York,
roosevelt opined: "You have elected too
many men in the past who have taken
what belongs to the nation. coal and oil
barons cannot compare to waterpower
barons. Do not let them get a monopoly
on what belongs to this state. there has
been a persistent effort to give private
corporations control of the waterpower
in this country."

VISIT US AT
IEEE PES T&D
BOOTH #3747

al smith repeated that endorsement
throughout his eight years as governor,
but his policy never got past the legislature. he called for a state water Power
authority "to take over and develop the
state's power resources;" this would finance itself by issuing bonds, not with
taxpayer dollars or state credit, similar
to the Port of New York authority, established as a "public benefit corporation." and while smith's water Power
authority would not distribute power
directly to the consumer, it would oversee, own, and control the development
of power at its source.
smith repeated his efforts for the next
four years and was defeated by the legislature every time. In his final annual message, smith did not relent. "Giant power
combines naturally will stand against the
proposal of a public authority. on the
other hand, there is today an insistent and
growing demand for the development of
these power resources by their rightful
owners-the people themselves."

SOLTEX
COMPOUNDS
AND FLUIDS:

fDr's two years in the state legislature had established his reputation as an
insurgent against his own party's tammany hall, but in 1920, after his run for
the vice presidency on John cox's failed
ticket against warren harding, fDr was
stricken with the unthinkable horror
of polio. by 1928, after seven years of
strenuous physical therapy, he was able
to stand up with leg braces and shuffle
awkwardly. that year, when smith left
the N.Y. governor's mansion in his bid
for the white house, he could not afford
to lose his home base, so he turned to
fDr, who was elected by just 25,000
votes out of 4 million cast. smith, however, was defeated in the national election, even in New York.
fDr seized the baton that hughes
had passed to smith, insisting at his inauguration that "the water power of the
state should belong to all the people.
No commission, no, not the Legislature
itself, has any right to give ... a single
potential kilowatt in virtual perpetuity

Peak

Reliability

With your reputation on the line, get the compounds and
fluids trusted by major cable manufacturers, utilities and
electrical contractors. Soltex gives you high-performance
products, technical expertise, responsive and agile service,
plus the consistent quality you can only get from a worldclass manufacturing facility.

USA +1 281 587 0900

CANADA +1 613 966 8881

orderentry@soltexinc.com | soltexinc.com
DF and Electrifill Dielectric Fluids * Transformer Fluids * Solguard ACSR Anti-Corrosion Greases
Acetylene Black for Semi-Conductive Compounds * Naptel and Soltexfill Telecom Filling/Flooding Compounds

SOL Cable Fluids Ad - HALF PG - 011018.indd 1

1/10/18 2:29 PM
http://www.soltexinc.com
Table of Contents for the Digital Edition of IEEE Power & Energy Magazine - March/April 2018
