NATIONAL ELECTRIC LIGHT ASSOCIATION
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Mr. James L. Madden, Third Vice-President
Metropolitan Life Insurance Company
One Madison Avenue
New York, N. Y.
Dear Mr. Madden:
When the Civic Development Committee of the National Electric Light Association was formed
“WoO years ago, it was soon discovered that no comprehensive reliable data were available from
ny source, which the Committee could find, as to the extent or character of industrial develop-
nent throughout the United States. It was recognized that industrial development takes place
n several forms, such as the establishment of entirely new industries, as well as branch plants of
>xisting industries, and the actual transfer of existing industries from one location to another.
[t was also recognized that if this subject were studied from the point of view of any single
wrea or interest, no comprehensive conclusions could possibly be reached. In order to secure these
-esults, an investigation covering the United States and perhaps Canada should be made. The
“ommittee soon discovered that it did not have the facilities or the organization with which to
lo such work on a broad scale.
We therefore approached the Metropolitan Life Insurance Company with the knowledge that
your Company had made very extensive investigations in such matters and that your facilities for
sollecting and classifying such economic data were extremely well organized, at the same time
assuring you of the cooperation of the Association. We also recognized the fact that the nation
wide interest of your Company placed you in a position to make a fair and unbiased investiga-
sion of such a subject without which such an investigation might not be conclusive or receive
zeneral confidence.
The members of this Association recognize their responsibility of furnishing adequate power facil-
ties for all industries which may be located in their communities, as well as providing for
‘uture growth in advance of actual requirements. Undoubtedly this report will furnish all the
nembers of the Association with factual data which will permit them to do this work with more
wccurate information than has been available in the past. Obviously there are many other busi
1ess groups which have the same responsibilities and interests, such as railroads, various manu-
‘acturing concerns, as well as chambers of commerce representing communities and areas.
The Civic Development Committee wishes to express its great appreciation of the factual report
which the staff of the Metropolitan’s Policyholders Service Bureau has prepared. The final
eport which is the result of a large expenditure of time and effort seems to us to be the only
eliable data in existence on this most important subject. We believe that not only will the mem-
sers of the National Electric Light Association be glad to receive your report, but we also feel
‘hat numerous business enterprises and every chamber of commerce in the United States are in-
ensely interested in this subject since it vitally affects the economic welfare of the country.
The Committee hopes that some method can be found so that this important work, now started,
:an be kept up to date by some appropriate agency and that the efforts toward this end which
ire now under way will be successful. Sincerely yours,
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President
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