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2006 is the 40th anniversary of Basin Electric Power
Cooperatives first station. Today, we look at the man for whom it
was named: Leland Olds.
Olds was born on New Years Eve, 1890, in Rochester NY, but he grew up
in Massachusetts, where his father chaired the mathematics department
at Amherst. He was a mild-mannered young man, a cello player with a gift
for writing. After graduating from Amherst, he did graduate work at Harvard
and Columbia and also went to seminary.
After a stint as a pastor and a short time in the Army, Olds focused on
one of his main concerns, the welfare of laborers victimized by powerful
industrialists. His strong convictions were noticed by the Federated Press,
which led to Olds seven-year career in journalist writing about
the labor movement.
In 1929, Olds became an economic advisor for a New York group advocating
public utility reform. While he believed capitalism was essential for
a healthy market, he was against corporations influenced by greed.
Olds began advising President Franklin Roosevelt about the need for regulating
energy resources and, in 1939, Roosevelt appoint Olds to his first 5-year
term on the Federal Power Commission. Olds became increasingly insistent
that the natural gas industry had to be regulated to protect the public
a struggle that made him nationally famous but also gained him
powerful enemies.
In 1948, Olds and commissioner Claude Draper completed a study that asserted
the Federal Power Commission had not only the right, but the duty, to
regulate natural gas prices at the well-heads. The following year, when
President Harry Truman appointed Olds to a third 5-year term, the confirmation
was strongly opposed by gas producers. Olds chief opponent was his
friend, Lyndon Johnson, who chaired the confirmation sub-committee. Johnson
assigned men to dig up dirt on Olds, who was squeaky clean. But with the
Cold War racing toward its zenith, the task was easier than expected.
They found about 50 articles Olds wrote for the Federated Press had been
re-published by the Daily Worker, the newspaper of the American Communist
Party. Long story short, the committee, and then the full Senate, ultimately
voted against Olds confirmation.
But Olds wasnt finished. He formed his own business, as a consultant,
to show public-owned power companies how they could work successfully
with federal programs. Among his clients were a number of North Dakota
rural electrical co-ops that ultimately joined forces with other public
power systems to form an energy giant: Basin Electric Power Cooperative.
Olds unfortunately died before the first unit was up and running.
Opening in 1966, the Leland Olds Station, near Stanton, became a shining
example of what its namesake stood for. Leland Olds Unit Two became operational
nine years later.
By Merry Helm
Risch, Kathi. Basin Electric Power Cooperative. March 19, 2004. <http://www.basinelectric.com/NewsCenter/News/FeaturedArticles/Who_was_Leland_Olds.html>
McCraw, Thomas K. Leland Olds: 1890-1960. Biography Resource Center. Farmington
Hills, MI: Thomson Gale. 2006.
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