THE WONDER OF THE WORLD.
The facts given above are all drawn from compiled statistics of the city, and all show the splendid foundation that has been built for the vast city of the near future when the electric elixir from Niagara’s mighty power flows through all our commercial veins and arteries, cheapening the cost of production so that outside competition can be defied, building up every established enterprise, bringing numberless new ones into life, and making of Buffalo the Manchester of the new world! More than that, it will be the wonder of the world, the peerless, marvelous electric city!
All this is coming. There is no chance about it. It is part of the great onward movement of the world. It is human progress, but in this case it is a tremendous stride, a lifetime of ordinary momentum at a bound.
Century after century the waters of the “unsalted seas” leaped over Niagara’s precipice, full of sound and fury, but signifying nothing beyond the grandeur of Nature in her wildest mood. Now, towards the close of the nineteenth century, this marvel of force is chained to man’s uses, and a power sufficient to run the machinery of the world is levied upon for industrial purposes.
WHERE THE GOLDEN GRAIN IS STORED--THE ELEVATOR DISTRICT.
This tunnel project is a splendid illustration of human enterprise, of which there has been an endless procession of illustrations. Think of a few of the great things that have been accomplished. It became necessary to cross oceans, and sailing vessels were built. The application of steam came, and the ships folded their wings and flew faster than ever they did before. The world demanded swift speed upon land, and railroads were born, culminating in an Empire State Express that flies from New York to Buffalo in a little over eight hours. Lightning leaped from the clouds to copper wires and girdled the earth with instantaneous intelligence, and our voices speed swifter than thought from city to city.
The problems of the world are being solved one by one.
This is the electric age, and who can foretell what mighty things may come in the train of the pioneer work with Niagara’s power! It is proposed at present to produce 125,000 horse-power. The Scientific American estimates that the force in Niagara’s current amounts to several millions of horse-power. The present tunnel can be duplicated again and again as necessity demands. The sale of 15,000 horse-power will carry the present investment, leaving 110,000 horse-power for clear profit. The company has a capital of $10,000,000 to draw from, and a number of the greatest capitalists in the country are behind the movement. It is certain, then, that development will keep pace with the demand, and that all the electric power needed will be forthcoming. We have the great inexhaustible storehouse of Niagara to draw from forever, and human enterprise can be depended upon to dig the gold that may be had for the digging.
Buffalo, with her phenomenal facilities for tapping the mines, the lumber forests, the grain fields and all the other rich storehouses of the country, and with equal facilities for distributing the manufactured product, will, of course, be the chief market for the electric power produced at the Falls. It can be brought here without material loss in transmission, while the transportation advantages conferred by Buffalo’s unique location cannot be transmitted. They are immovable as the eternal hills.
The result is not hard to trace. Buffalo is going to be the Electric City of the world, instead of the Queen City of the lakes.
In the larger manufacturing concerns here the cost of steam power has been brought down to about $35 per horse-power per year. The cost of power in the smaller manufacturing concerns is much greater than this sum.
It is estimated that the electric power from the Falls can be sold in Buffalo, ready for instant use by touching a button, at little more than half the present cost of steam power. Here is room for thought and comparison on the part of those engaged in manufacturing enterprises.
Does not cheap power settle the question of a city’s manufacturing greatness? Can there be any appeal from such settlement?
Give any city advantages in the way of cheap and abundant power not enjoyed by any other city on the face of the earth and what is the natural result? The eyes of manufacturers everywhere are focused upon that city.
Give to a city unequaled transportation facilities and the cheapest power in the world, and you have the conditions for building up the greatest industrial center in the world.
This is Buffalo’s position.
Far-sighted men do not talk any more about the possibilities of Buffalo’s future. They talk about certainties. They say with the New York Tribune: “The past of Buffalo is secure, and her manifest destiny is evidently to be something tremendous.”
Truly, as has been said by Samuel Wilkeson, Buffalo holds the key to the commerce of an inland empire.