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including the land, would cost [[red underline]] $600,000 for 10 000 h.p. [[/red underline]] or about [[red underline]] $60. per Horsepower; [[/red underline]] even for a plant of 5000 h.p. it would cost only $300,000. With coal at $4.00 per [[black underline]] long [[/black underline]] ton (14800 B.T.U. New River coal) horsepower including everything would cost about $34.00 a horsepower year.  In this estimate about 60% is cost of fuel so that if fuel was 50% his cost would become about $24.00.

Oct 17. 1915. (Sunday) 
[[vertical annotation in left margin]] [[red underline]] Today the N.Y Times publishes our photographic group of Naval Consulting board. [[red underline]] [[/vertical annotation]] 
Beautiful Indian Summer weather.  It looks more and more as if my project to go on a [[red underline]] cruise to Chesapeake Bay [[/red underline]] before laying up my boat [[red underline]] will have to be abandoned [[/red underline]] this year.  This afternoon called a certain Mr. [[red underline]] Shilling or Schilling, [[/red underline]] a german whom I used to know 26 years ago when we were boarding in a
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boarding house in 14th street.  He then was employed at Tiffany's then went to Guatamala as a coffee planter, then [[strikethrough]] insurance [[/strikethrough]] Life Insurance agent in Germany
Rather [[red underline]] clumsy looking german, [[/red underline]] but his visit reminds me of [[red underline]] the road we traversed since my humble beginnings in this country [[/red underline]] 
Elon H. [[red underline]] Hooker, his brother Willard another brother and his five daughters all arrived in automobile and stayed for short time. [[/red underline]]
[[strikethrough]] Oct 18. In [[/strikethrough]]
On evening [[red underline]] Hamlin [[/red underline]] calls me at 'phone to tell me a [[red underline]] better position is offered to him [[/red underline]] and whether I am willing to release him from contract.
Told him [[overwritten]] I [[/overwritten]] he should submit matter to Rossi.

Oct. 18. Left early to go to bank for a [[red underline]] loan of $8000, [[/red underline]] then gave check for $7560. to Chas. H. Jones & co for [[red underline]] Royal Baking [[/red underline]]