Holyoke Water Power Company: Petitioner V. City of Holyoke, volume 2

Cover Holyoke Water Power Company: Petitioner V. City of Holyoke, volume 2
Holyoke Water Power Company: Petitioner V. City of Holyoke, volume 2
Holyoke (Mass, Supreme Judicial Court, Holyoke Water Power Company
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Matthews.
Q. You have not included in that calculation anything for fixed charges on additional machinery, have you? A. I have not.
Q, Or for the labor of running the extra portions of the plant? A. I have not.
Q. And you have.assumed that there was a market for the electrical power that is developed for twenty-four hours in the day? A. I have suggested a very probable market.
Q. For the whole twenty-four hours? A. For the whole twenty-four hours. I do not think I completed my statement in rega
...rd to the storage idea. As I say, after having run this during the day to supply power you can install a storage battery and charge it from the power during the hours that it is not in use; and as I suggested, that would be practically all profit. You can create a market for that commodity be- cause you have it at almost no price. You can make your price so low that people will take it.
Q. Your theory is dependent, of course, upon the crea- tion of this market? A. The market lies in your own hands, because people will buy if they get it cheap enough.


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