Abstract

Maine Wins Its Power Fight
Nicolet, C. C. | September 25, 1929 issue

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Maine, the U.S. traditional political barometer, did far more than exhibit its distrust of the Power Trust when, by a majority of 8,000 votes, it voted in its referendum September 9, 1929 against the regulated export of hydro-electric power. It voiced a deep-seated and growing resentment against the whole economic tendency of the day toward giant mergers and the combination of widely separated fields of activity under joint management. For Maine in recent years has been the scene of a daring attempt of a small group of men to obtain control of the press, the banks, and the industries, as well as the water-power, of the State.

See Also:

BAROMETERS; WATER-power; RESENTMENT; REFERENDUM; CONGLOMERATE corporations; UNITED States
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