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TEMPORARY VICTORY

“ NEW DEAL " LEGAL BATTLE Pr«u Association—By Telegraph—Copyright WASHINGTON, July 18. The “New Deal ” won an important but perhaps-only a temporary victory in the constitutionality battle to-day, when the Federal Court of Appeal, sitting at New Orleans, reversed the decision of the lower court and declared the so-called Tennessee Valley Authority legal. The court thus sustained the Government’s right to sell electric power in ■ competition with private utilities. The Tennessee Valley Authority represents the investment by the Government of hundreds of millions of dollars to develop a hydro-electric scheme in the southern States, which threatened to drive private generating companies out of existence.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19350719.2.85

Bibliographic details

Evening Star, Issue 22085, 19 July 1935, Page 7

Word Count
104

TEMPORARY VICTORY Evening Star, Issue 22085, 19 July 1935, Page 7

TEMPORARY VICTORY Evening Star, Issue 22085, 19 July 1935, Page 7