Jan 152018
 

Harnessing the power of moving water for profit and community betterment has been an impulse for many an entrepreneur. On the White River, the first dam to close the flow was #Powersite, a small, almost run-of-the-river, dam that held back enough water to ‘fatten up’ the river without drastically affecting the flow or habitat.

Financial overruns caused the initial backers to withdraw their support for building Powersite. Enter New York banker Henry #Doherty who was ‘collecting’ small power companies in southwest Missouri and consolidating them into what became Empire District Electric. He financed the construction of Powersite.

The dam closed in 1913 but White River waters remained warm allowing for fishing and swimming and water sports. The newly formed riverine lake was called #Taneycomo – some said it was a nod to beautiful Lake Como in northern Italy, but the accepted explanation is a mash up of Taney County Missouri. More than forty years later a much bigger dam, Table Rock, was built upstream bringing drastic changes to the #WhiteRiver, Lake Taneycomo and the James Fork of the White.

Like Bagnell Dam, Powersite Dam was started by men who soon encountered financial difficulties and sold out to bigger concerns. The St. Louis investors who organized the Ozark Power and Water Company engaged the Ambursen Hydraulic Construction Company of Boston to build it. Nils Ambursen, a Norwegian immigrant engineer, had designed a hollow cement slab and buttress structure used successfully elsewhere. Replacing the original backers was Wall Street accumulator of energy companies, Henry Latham Doherty. Doherty had already acquired a handful of small utility companies in southwest Missouri that were branded Empire District Electric Company. The White River operation kept its original name until being folded into the Empire group in 1927.

Cutline for this 1933 press photo reads “Col. And Mrs. Doherty watched happily a Christmas party which the Dohertys gave at Coral FLA.”

The next year Doherty organized the National Committee for Birthday Balls, which sponsored dances across the country to raise money for Franklin Roosevelt’s Warm Springs Foundation to treat victims of polio. The president had been paralyzed from the waist down himself with the disease since 1921.

Henry L. Doherty built his holding company Cities Service into a gigantic combination of all three sources of energy–gas, oil, and electricity. His charm and friendship with FDR kept him from many of the problems capitalists had during the New Deal.

From James Fork of the White: Transformation of an Ozark River

 Leave a Reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

(required)

(required)