In the absence of a local power source industry had no inducement to locate in the area. Mining equipment of the size and efficiency required for economical extraction was not available. The mighty generators which you will see today had not yet been designed. The techniques of transmitting electrical energy at high voltages over long distances had not even been conceived. To These were formidable obstacles for the development of Navajo coal. But the foresight and practical imagination of our engineers and geologists convinced us that advancing technology would provide solutions to most or all of these difficult problems. It is from this conviction that we date our dedication to the Navajo Project, and our confidence in 1955 has produced the realities of 1963. And what are these realities ? Only in part are they the tremendous mining operations, the massive power plant, the beautiful reservoir, the great - 3 -