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HEARINGS

BEFORE THE

SUBCOMMITTEE ON ANTITRUST AND MONOPOLY

OF THE

COMMITTEE ON THE JUDICIARY
UNITED STATES SENATE

EIGHTY-FOURTH CONGRESS

FIRST SESSION

67272

TO STUDY THE ANTITRUST LAWS OF THE UNITED
STATES, AND THEIR ADMINISTRATION,
INTERPRETATION, AND

EFFECT

PURSUANT TO

S. Res. 61

PART 5

NORTHWEST POWER

SEPTEMBER 21, 22, AND 23, 1955

Printed for the use of the Committee on the Judiciary

UNITED STATES

GOVERNMENT PRINTING OFFICE

WASHINGTON: 1956

For sale by the Superintendent of Documents, U. S. Government Printing Office
Washington 25, D. C. - Price $1.00

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ESTES KEFAUVER, Tennessee
THOMAS C. HENNINGS, JR., Missouri
JOSEPH C. O'MAHONEY, Wyoming

WILLIAM LANGER, North Dakota
EVERETT MCKINLEY DIRKSEN, Illinois
ALEXANDER WILEY, Wisconsin
JOSEPH W. BURNS, Chief Counsel and Staff Director

CONTENTS

Gardner, Frederick C., president, Ebasco Services, Inc., New York,

N. Y

Gatchell, Willard W., General Counsel, Federal Power Commission;

accompanied by Howard Wahrenbrock, Chief, Division of Electric

Power

Gruber, Walter J., Union Securities Corp., New York, N. Y.
Hovey, Chandler, Jr., White, Weld & Co., New York, N. Y.
Marks, Laurence M., Laurence M. Marks & Co., New York, N. Y...
McLaughlin, Frank, president, Puget Sound Power & Light Co., Se-
attle, Wash.; accompanied by Alfred Berman, counsel.

Miller, Frederick L., Blyth & Co.; accompanied by Arthur H. Dean,

counsel.

1943

1901

2103

2153

Nye, Richard S., Georgeson & Co., New York, N. Y...

2130

Robinson, Kinsey M., president, Washington Water Power Co., Spo-

kane, Wash___

Parrott, William E., Ebasco Services, Inc., New York, N. Y.; accom-
panied by James L. Boone, counsel..

2171

Webster, Edwin S., Jr., Kidder, Peabody & Co., New York, N. Y..

1954

EXHIBITS

Massachusetts Supreme Court opinion in suit against Puget Sound Power
& Light.

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COLLATERAL DOCUMENTS

(The following exhibits were marked with consecutive numbers at the indicated
pages of the hearings and will be found in the files of the subcommittee. While
the full text of these exhibits (other than exhibits Nos. 1, 54, 55, 56, and 60) is not
contained in the printed record of the hearings, pertinent extracts from most of
them were read into the record and appear at or immediately following the indi-
cates pages.)

1. Letter of July 20, 1955, from stockholders committee to Puget stock-

holders__

2. Letter of July 19, 1955, to Chandler Hovey from Francis Currie..
3. Memo of August 3, 1955, from Currie to members of the stockholders
committee__

1917

1917

1926

4. Letter of August 5, 1955, from stockholders committee to stockholders
of Puget.

1926

5. Letter of July 25, 1955, from Currie to Marks, et al., enclosing letter of
July 25, 1955, from Currie to SEC..

1930

6. Memo of October 26, 1953, from Hovey to Hauck..
7 Memo of March 5, 1954, from Hovey to Hauck..

1931

1932

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