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Index Entry
High Voltage Power Transmission:
“If you can’t anticipate your peak loads your customers will desert you, because they can’t put in their own power generation. So you want to be sure to have as much as they need, so you always have to generate a little more than is actually used. That is wasted. But by integrating the living patterns of two cities you can even out the peaks and valleys-- so you always make money, and up go your profits by integrating cities. Say @ 350 miles was the limit. Suddenly we’re coming into an entirely new era, and it is now actually being instituted, of being able to use a million volts which means 1500 miles. The 1500 miles means we’re going to be able to integrate three time zones right across the country. The net effect is to increase deposits both in the United States government and in the private sector of about 30 percent-- a very big step-up.”
