Forty Years of Edison Service, 1882-1922; Outlining the Growth And Development of the Edison System in New York City

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In 1902, the electric lighting plants of the whole state of New York stood for $ 1 1 2,998,778 in cost of construc- tion and equipment. The balance sheet of the Company as of November, 1921, showed fixed capital assets, including land, or half as much again as that, namely, $159,855,435.
This compares again in a very striking way with the cost of all the central stations in the United States, in 1902, a sum just slightly in excess of $500,000,000; so that in "little old New York," The New York
...Edison Company by itself now stands for one-third of the total central station investment of the whole United States only two decades ago.
Such figures are impressive in themselves, but their im- portance grows as one studies the various implications.
"3 FORTY YEARS OF EDISON SERVICE The financial ones were admirably brought up a month or two ago by U S Attorney General Daugherty, in some remarks which embodied the hope that the old days, when public utilities were subjected to partisan political agita- tion, had passed, as well as any unjust expectations and de- mands either by the public or the utilities.


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