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174 death of [[red underline]] Mrs. C. P. Townsend [[/red underline]] after a long illness. Poor little frail woman.- this will be a hard blow for Townsend. [[smudged word]] April [[/smudged word]] [[black underline]] April 25. [[/black underline]] A busy day here then towards evening went to New York - University Club then to see "The Boomerang" then midnight tram for [[red underline]] Washington. [[/red underline]] [[black underline]] April 26. [[/black underline]] To Cosmos Club. Afternoon symposium on [[red underline]] cheap power production by Am. Institute of Electrical Engineers. Mr. Carthy [[/red underline]] presiding. Several papers read. The upshot is that it is [[red underline]] cheaper ordinarily to raise power from steam unless you can use all the time a full load. [[/red underline]] [[vertical annotation in left margin]] Power in relation to nitrogen production [[/vertical annotation]] I participated in the discussion and was the only one who brought out the fact that [[red underline]] our expensive water powers [[/red underline]] [[end page]] [[start page]] 175 is mainly due to [[red underline]] wasteful banking and too many [[/red underline]] middlemen. After supper further papers, mainly by [[red underline]] Gano Dunn [[/red underline]] who [[strikethrough]] takes [[/strikethrough]] takes up matter of cost and financial end. A lively discussion in which [[red underline]] I came out flatly [[/red underline]] to show what I mean by [[red underline]] "wasteful" banking. [[/red underline]] See Transactions of Am. Institute Electrical Engineers. A [[red underline]] Congressman [[/red underline]] participated in our discussion and made a very good and sensible speech in which he gently berated engineers and experts who come to tell [[red underline]] contrary [[/red underline]] statements which takes away all faith in their statements. April 27. I have arranged an improvised meeting [[strikethrough]] with [[/strikethrough]] at [[red underline]] Bureau of Mines [[/red underline]] at which I have