ELECTRIC POWER
AMERICAN SCHEME RIGHTS OF GOVERNMENT WASHINGTON. July 18 The "new deal" hns won an important though perhaps only a temporary victory in the battle over constitutionality. The Federal Court of Appeals, sitting in New Orleans, reversed the decision of the Lower Court and declared the 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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New Zealand Herald, Volume LXXII, Issue 22166, 20 July 1935, Page 13
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102ELECTRIC POWER New Zealand Herald, Volume LXXII, Issue 22166, 20 July 1935, Page 13
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