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The SPEAKER, pursuant to House Concurrent Resolution 15, announced the appointment of Mr. DELANEY, Mr. McSWAIN, Mr. HARTER, Mr. ANDREW of Massachusetts, and Mr. HOPE members on the part of the House of the Joint Committee to Investigate the Akron Disaster.

SENATE JOINT RESOLUTION REFERRED

A joint resolution of the Senate of the following title was taken from the Speaker's table and under the rule referred as follows:

S.J.Res. 13. Joint resolution authorizing the Attorney General, with the concurrence of the Secretary of the Navy, to release claims of the United States upon certain assets of the Pan American Petroleum Co. and the Richfield Oil Co.

of California and others in connection with collections upon

a certain judgment in favor of the United States against the

Pan American Petroleum Co. heretofore duly entered; to the Committee on the Public Lands.

LEAVE OF ABSENCE

By unanimous consent, leave of absence was granted-
To Mr. CELLER, indefinitely;

To Mr. CLAIBORNE, for 2 days;
To Mr. DARDEN, for 3 days; and
To Mr. PETERSON, for 1 week.
And then,

ADJOURNMENT

On motion of Mr. STEAGALL, at 5 o'clock and 55 minutes p.m., the House adjourned.

REPORTS OF COMMITTEES ON PUBLIC BILLS AND RESOLUTIONS Under clause 2 of rule XIII,

Mr. O'CONNOR: Committee on Rules. House Resolution 111. Resolution providing for the consideration of H.R. 5081; without amendment (Rept. No. 50). Referred to the House Calendar.

Mr. O'CONNOR: Committee on Rules. House Resolution 112. Resolution providing for the consideration of House

labor, and for other purposes ", approved July 10, 1918 (sec. 794, title 18, U.S.C.); to the Committee on the Judiciary. By Mr. DUNN: A bill (H.R. 5154) to establish a Banking Commission for the purpose of protecting all moneys deposited in the banks of the United States and its possessions; to the Committee on Banking and Currency.

By Mr. ALMON A bill (H.R. 5155) to amend the act entitled "An act to provide that the United States shall aid the States in the construction of rural post roads, and for other purposes ", approved July 11, 1916, as amended and supplemented, and for other purposes; to the Committee on Roads.

By Mr. WHITLEY: A bill (H.R. 5156) to amend the act relating to the filing of judgments of Federal courts; to the Committee on the Judiciary.

By Mr. KELLY of Pennsylvania: A bill (H.R. 5157) to authorize appropriations for emergency highway construction with a view to increasing employment, and for other purposes; to the Committee on Roads.

By Mr. RANKIN: A bill (H.R. 5158) providing for the exercise of power conferred by section 8 of article I of the Constitution, to coin money and to regulate the value thereof; to the Committee on Banking and Currency.

By Mr. EAGLE: A bill (H.R. 5159) to provide for regulated expansion of currency and credit, to reduce the national debt; to raise the price level of commodities, and for other purposes; to the Committee on Banking and Currency.

the value of money in accordance with paragraph 5, section 8, article I, of the Constitution of the United States; to rees

By Mr. GOLDSBOROUGH: A bill (H.R. 5160) to regulate

tablish the gold standard, to provide for its maintenance and stabilization, and for other purposes; to the Committee on Banking and Currency.

By Mr. DIES: Resolution (H.Res. 114) authorizing the investigation of lobbying activities; to the Committee on Rules. By Mr. BRENNAN: Resolution (H.Res. 115) to investigate unfair methods of competition in the cement industry; to the Committee on Interstate and Foreign Commerce.

By Mr. SHOEMAKER: Resolution (H.Res. 116) authorizing the investigation of the unlawful and secret plottings of the several revolutionary organizations or individuals who are now enjoying the asylum and sanctuary of the Government of the United States; to the Committee on Rules.

By Mr. SNYDER: Joint resolution (H.J.Res. 160) proposing an amendment to the Constitution of the United States

authorizing Congress to restrict the income derived from capital; to the Committee on the Judiciary.

By Mr. O'MALLEY: Joint resolution (H.J.Res. 161) proposing an amendment to the Income Tax Act of 1932 providing for an emergency surtax of 50 percent on the net income of all foreign subsidiaries of American corporations, indi

Joint Resolution 157; without amendment (Rept. No. 51). viduals, partnerships, or manufacturers; to the Committee

Referred to the House Calendar.

CHANGE OF REFERENCE

Under clause 2 of rule XXII, committees were discharged from the consideration of the following bills, which were referred as follows:

A bill (H.R. 5124) granting a pension to Mary Tompkins; Committee on Pensions discharged, and referred to the Committee on Invalid Pensions.

A bill (H.R. 4507) for the relief of Bogustas De Kartowski; Committee on Invalid Pensions discharged, and referred to the Committee on Pensions.

PUBLIC BILLS AND RESOLUTIONS

Under clause 3 of rule XXII, public bills and resolutions were introduced and severally referred as follows:

By Mr. DARDEN: A bill (H.R. 5152) granting the consent of Congress to the State Highway Commission of Virginia to replace and maintain a bridge across Northwest River in Norfolk County, Va., on State Highway Route 27; to the Committee on Interstate and Foreign Commerce.

By Hr. TARVER: A bill (H.R. 5153) to amend an act entitled "An act to equip the United States Penitentiary, Atlanta, Ga., for the manufacture of supplies for the use of the Government, for the compensation of prisoners for their

on Ways and Means.

MEMORIALS

Under clause 3 of rule XXII, memorials were presented and referred as follows:

By the SPEAKER: Memorial of the Legislature of the State of Michigan, memorializing Congress to pass Senate bill no. 1197, known as the "Frazier bill", providing that existing farm indebtedness shall be refinanced by the Government of the United States; to the Committee on Agriculture.

By the SPEAKER: Memorial of the Legislature of the State of Minnesota, memorializing Congress that appropriate action be taken to place in the hands of a judicial tribunal the determination of damages suffered by owners of property bordering the Lake of the Woods, and to authorize the Department of Justice to compromise and adjust the valid claims arising out of the fluctuation of the level of said lake; to the Committee on Claims.

PRIVATE BILLS AND RESOLUTIONS

Under clause 1 of rule XXII, private bills and resolutions were introduced and severally referred as follows:

By Mr. BLOOM: A bill (H.R. 5161) for the relief of Wiener Bank Verein; to the Committee on Foreign Affairs.

By Mr. CONNERY: A bill (H.R. 5162) granting a pension to Mary A. Weisse; to the Committee on Invalid Pensions. By Mr. DEEN: A bill (H.R. 5163) for the relief of Calvin M. Head; to the Committee on Claims.

of the Shipstead agricultural bill; to the Committee on Agriculture.

627. Also, resolution from the Little Falls Township United of the Morrison County (Minnesota) Farm Bureau AssociaBy Mr. WILCOX: A bill (H.R. 5164) for the relief of tion, for the continuation of farm agents; to the Committee William A. Somerville; to the Committee on Claims.

By Mr. IMHOFF: A bill (H.R. 5165) granting a pension to Emma Moore; to the Committee on Invalid Pensions.

By Mr. KRAMER: A bill (H.R. 5166) granting a pension to Charlotte M. Spalding; to the Committee on Invalid Pensions.

By Mr. KVALE: A bill (H.R. 5167) for the relief of Francis H. Bellew; to the Committee on Claims.

By Mr. POLK: A bill (H.R. 5168) granting a pension to Annie Stouder; to the Committee on Invalid Pensions.

By Mr. SMITH of Washington: A bill (H.R. 5169) granting a pension to Adam Johnson; to the Committee on Pensions.

By Mr. STALKER: A bill (H.R. 5170) for the relief of the American-LaFrance & Foamite Corporation of New York; to the Committee on the District of Columbia.

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and Means.

618. Also, petition of Typographical Union, No. 6, of New York City, endorsing the bill introduced by Senator BLACK; however, they emphatically protest against the inclusion in the bill of the amendment whereby the newspaper and periodical industry is excluded from the provisions of the bill; to the Committee on Labor.

619. By Mr. GIBSON: Petition of Burlington Post, No. 2, American Legion, department of Vermont, opposing removal of the regional office of the Veterans' Administration at Burlington, Vt.; to the Committee on World War Veterans' Legislation.

620. Also, petition of American Legion, Department of Vermont, pledging its support of the national commander of the American Legion; to the Committee on World War Veterans' Legislation.

621. By Mr. HOWARD: Resolution adopted by the Nebraska Senate, memorializing the Secretary of Agriculture of the United States concerning "call money" for the packers; to the Committee on Agriculture.

622. By Mr. IMHOFF: Petition of Mrs. W. A. Bricker, Anna H. McCalla, Essie Dyke, and 97 others of Middleton Township, Columbiana County, Ohio, asking Congress for an appropriation for the purchase of wheat to be made into flour and distributed to the needy through the medium of the American Red Cross; to the Committee on Appropriations.

623. By Mr. JOHNSON of Minnesota: Resolution by the St. Johns and Mamre locals of the Farmers Union, St. James, Minn., to insure passage of the Frazier bill; to the Committee on Agriculture.

624. Also, resolution by the National Farmers' Holiday Association, Pine County unit, Hinckley, Minn., urging passage of legislation that will give farmers loans at 3 percent interest, including amortization; to the Committee on Agriculture.

625. Also, resolution by the members of the Watonwan County Farmers' Cooperation and Educational Union of America, Local 270, to insure passage of the Frazier bill; to the Committee on Agriculture.

626. Also, resolution by the stockholders of the Wilkin County National Farm Loan Association, for the passage

on Agriculture.

628. By Mr. KVALE: Petition of Veterans of Foreign Wars, Post No. 1562, Faribault, Minn., favoring parity of naval armaments of the United States with other countries; to the Committee on Naval Affairs.

629. Also, petition of Raymond Dewane, of Morris, Minn., favoring revaluation of the gold ounce; to the Committee on Coinage, Weights, and Measures.

630. By Mr. LINDSAY: Petition of the Associated Cooperage Industries of America, St. Louis, Mo., opposing the 30-hour week bill in the cooperage industry; to the Committee on Labor.

631. By Mr. MAPES: Petition of Grand Rapids League of Catholic Women, Grand Rapids, Mich., Mrs. E. J. Marin, chairman of legislation, protesting against the equal-rights amendment; to the Committee on the Judiciary.

632. By Mr. O'MALLEY: Memorial of the Legislature of the State of Wisconsin, urging the Congress of the United States to enact legislation requiring all shipments of coal in interstate commerce to be accompanied by a sworn statement of the shipper, specifying the percentage of the ingredients and other qualities of the coal which affect its heating value, including the British thermal units per pound

when the coal is dry, the percentage of ash when the coal is dry, the percentage of sulphur when the coal is dry, and the volatile matter in the coal; to the Committee on Interstate and Foreign Commerce.

Wisconsin, urging the Congress of the United States to take 633. Also, memorial of the Legislature of the State of prompt and favorable action on the farm relief bill which has been presented to the Congress by President Roosevelt; to the Committee on Agriculture.

634. Also, memorial of the Legislature of the State of Wisconsin, urging the Congress of the United States to provide the necessary machinery and credit to make possible loans to the financial institutions having frozen assets upon satisfactory collateral; to the Committee on Banking and Currency.

635. Also, memorial of the Legislature of the State of Wisconsin, urging the Postmaster General to issue a series of special stamps in commemoration of the three hundredth anniversary of the white man's discovery of Wisconsin; to the Committee on the Post Office and Post Roads.

636. By Mr. RUDD: Petition of the Associated Cooperage Industries of America, opposing the passage of the 30-hour work week; to the Committee on Labor.

637. By Mr. SMITH of West Virginia: Memorial of the Legislature of the State of West Virginia, memorializing Congress to pass such legislation as will permit the Federal Government to acquire lands on headwaters of Ohio and Potomac Rivers for the purpose of flood control; to the Committee on Flood Control.

638. Also, memorial of the Legislature of the State of West Virginia, relating to the allocation of Federal relief funds appropriated under the Federal Reforestation and Flood Control Unemployment Relief Act; to the Committee on Flood Control.

639. By the SPEAKER: Petition of Board of Supervisors of Mason County, Ill., requesting that the garden-seed supply be allocated by the Illinois Emergency Relief Commission; to the Committee on Agriculture.

SATURDAY, APRIL 22, 1933

The House was called to order by the Speaker. The Journal of the proceedings of yesterday was read and approved.

MESSAGE FROM THE SENATE

A message from the Senate by Mr. Horne, its enrolling clerk, announced that the Vice President had appointed Mr.

KING, Mr. WALSH, Mr. DUFFY, Mr. JOHNSON, and Mr. KEAN members of the joint select committee on the part of the Senate as provided for in House Concurrent Resolution 15, to investigate the wreck of the U.S.S. Akron and other Army and Navy dirigibles.

COMMITTEE ON LABOR TO SIT

prelimi

My Mr. LLOYD: A bill (H.R. 5175) to provide nary examination of the Green River; to the Committee on Flood Control.

By Mr. MCSWAIN: A bill (H.R. 5176) to authorize the Secretary of War or the Secretary of the Navy to withhold the pay of officers, warrant officers, and nurses of the Army, States under certain conditions; to the Committee on Military Affairs.

On motion of Mr. CONNERY, by unanimous consent, the Navy, or Marine Corps to cover indebtedness to the United

Committee on Labor was granted permission to sit during sessions of the House.

MUSCLE SHOALS

By Mr. PARKER of Georgia: A bill (H.R. 5177) to revive and reenact the act entitled "An act authorizing the Mr. O'CONNOR, by direction of the Committee on Rules, South Carolina and the Georgia Highway Departments to called up the following resolution (H.Res. 111):

Resolved, That immediately upon adoption of this resolution the House shall proceed to the consideration of H.R. 5081, and all points of order against said bill shall be considered as waived. That after general debate, which shall be confined to the bill and shall continue not to exceed 6 hours, to be equally divided and controlled by the chairman and ranking minority member of the Committee on Military Affairs, it shall be in order for the chairman of the Committee on Military Affairs by direction of that committee to offer amendments to any part of the bill. If there be no such amendments offered by the chairman of the Committee on Military Affairs, then the previous question shall be considered as ordered on the bill to final passage without intervening motion except one motion to recommit.

When said resolution was considered.

After debate,

On motion of Mr. O'CONNOR, the previous question was ordered on the resolution to its adoption or rejection, and under the operation thereof the resolution was agreed to.

Thereupon, pursuant to House Resolution 111, the House proceeded to the consideration of the bill (H.R. 5081) to provide for the common defense; to aid interstate commerce by navigation; to provide flood control; to promote the general welfore by creating the Tennessee Valley Authority; to operate the Muscle Shoals properties; and to encourage agricultural, industrial, and economic develpment.

When said bill was read twice.
After debate,

Pending further consideration of said bill,

On motion of Mr. McSWAIN, by unanimous consent, Ordered, That all Members who address the House on the foregoing bill be permitted to extend their own remarks in the Record.

And then,

ADJOURNMENT

On motion of Mr. McSwAIN, at 3 o'clock and 27 minutes p.m., the House adjourned.

PUBLIC BILLS AND RESOLUTIONS

Under clause 3 of rule XXII, public bills and resolutions were introduced and severally referred as follows:

By Mr. O'MALLEY: A bill (H.R. 5171) authorizing the Postmaster General of the United States to issue a series of special postage stamps in commemoration of the three hundredth anniversary of the white man's discovery of Wisconsin; to the Committee on the Post Office and Post Roads.

By Mr. BUSBY: A bill (H.R. 5172) to declare a monetary policy and regulate the value of money in accordance with paragraph 5, section 8, article 1, of the Constitution of the United States, to provide for the maintenance and stabilization of the gold standard, and for other purposes; to the Committee on Banking and Currency.

By Mr. DREWRY: A bill (H.R. 5173) granting the consent of Congress to the State Highway Commission of Virginia to maintain a bridge already constructed to replace a weak structure in the same location across the Staunton and Dan Rivers, in Mecklenburg County, Va., on United States Route No. 15; to the Committee on Interstate and Foreign Com

merce.

By Mr. KNUTSON: A bill (H.R. 5174) to set aside certain lands for the Leech Lake Band of Chippewa Indians in the State of Minnesota; to the Committee on Indian Affairs.

construct, maintain, and operate a toll bridge across the Savannah River at or near Burtons Ferry, near Sylvania, Ga.", approved May 26, 1928; to the Committee on Interstate and Foreign Commerce.

PRIVATE BILLS AND RESOLUTIONS

Under clause 1 of rule XXII, private bills and resolutions were introduced and severally referred as follows:

By Mr. BURKE of California: A bill (H.R. 5178) for the relief of Verald M. Drake and his dependents; to the Committee on Naval Affairs.

By Mr. CALDWELL: A bill (H.R. 5179) granting an increase of pension to Alda E. Ramm; to the Committee on Invalid Pensions.

By Mr. COLLINS of California: A bill (H.R. 5180) granting a pension to Deborah Hacklander; to the Committee on Pensions.

By Mr. DOWELL: A bill (H.R. 5181) granting a pension to
Emily Knauer; to the Committee on Invalid Pensions.
By Mr. DREWRY: A bill (H.R. 5182) for the relief of
George R. Slate; to the Committee on Military Affairs.
By Mr. HILDEBRANDT: A bill (H.R. 5183) for the relief
of C. B. Dickinson; to the Committee on Claims.

By Mr. HOLLISTER: A bill (H.R. 5184) for the relief
of Sevellon Smith; to the Committee on Military Affairs.
By Mr. JOHNSON of West Virginia: A bill (H.R. 5185)
granting an increase of pension to Malinda J. Jacobs; to the
Committee on Invalid Pensions.

Also, a bill (H.R. 5186) granting a pension to Cora C.
O'Neill; to the Committee on Invalid Pensions.

Also, a bill (H.R. 5187) granting a pension to Margaret
J. McClure; to the Committee on Invalid Pensions.
Also, a bill (H.R. 5188) granting an increase of pension to
Mary E. Pritchard; to the Committee on Invalid Pensions.
Also, a bill (H.R. 5189) granting an increase of pension
to Flora Coulter; to the Committee on Invalid Pensions.
Also, a bill (H.R. 5190) granting back pay to Auguste C.
Loiseau; to the Committee on World War Veterans' Legis-
lation.

Also, a bill (H.R. 5191) granting an increase of pension
to Nannie Queen; to the Committee on Invalid Pensions.
Also, a bill (H.R. 5192) granting a pension to Samuel
Edwards; to the Committee on Invalid Pensions.
Also, a bill (H.R. 5193) granting an increase of pension to
Sarah L. Smith; to the Committee on Invalid Pensions.

Also, a bill (H.R. 5194) granting an increase of pension
to Hannah Gibbs; to the Committee on Invalid Pensions.
Also, a bill (H.R. 5195) granting a pension to Unoca
Ferguson; to the Committee on Invalid Pensions.

By Mr. KNUTSON: A bill (H.R. 5196) for the relief of certain riparian owners for losses sustained by them on the drained mud lake bottom in Marshall County, in the State of Minnesota; to the Committee on the Public Lands.

Also, a bill (H.R. 5197) granting a pension to Louise Qual; to the Committee on Pensions.

By Mr. LLOYD: A bill (H.R. 5198) for the relief of William Fenwick Howey; to the Committee on Claims.

By Mr. MERRITT: A bill (H.R. 5199) granting a pension to Veronica Zolyomy; to the Committee on Pensions. By Mr. REECE: A bill (H.R. 5200) for the relief of Wallace Hensley Welch; to the Committee on Naval Affairs. By Mr. REID of Illinois: A bill (H.R. 5201) for the relief of Luke Francis Brennan; to the Committee on Naval Affairs.

By Mr. WILCOX: A bill (H.R. 5202) for the relief of Frank Anderson; to the Committee on Claims.

PETITIONS, ETC. Under clause 1 of rule XXII, petitions and papers were laid on the Clerk's desk and referred as follows:

640. By Mr. BACON: Petition of 3,258 citizens, nearly all residing in New York, protesting against any change in immigration laws to permit admission of aliens, outside of quota, belonging to political refugee classes; to the Committee on Immigration and Naturalization.

641. By Mr. CARTER of California: Assembly Joint Resolution No. 9, State of California, memorializing Congress to adopt legislation with reference to manufacture of arms, munitions, and implements of war; to the Committee on Military Affairs.

642. By Mr. JOHNSON of Minnesota: Resolution from the commander on behalf of the Veterans of Foreign Wars, stating opposition to naval appropriations with provisos; to the Committee on Naval Affairs.

643. Also, resolution protesting the removal of the Hydrographic Office, Navy Department, from Duluth, Minn., by the Chamber of Commerce of Duluth; to the Committee on Naval Affairs.

644. Also, resolution from the Railway Mail Post, No. 23, American Legion, at St. Paul, Minn., asking that postmasters in first-, second-, and third-class offices be placed under civil service; to the Committee on the Post Office and Post Roads.

645. By Mr. JOHNSON of Texas: Resolution unanimously adopted by the Legislature of the State of Texas, urging removal of the Federal tax on gasoline; to the Committee on Ways and Means.

646. By Mr. JOHNSON of Minnesota: Petition protesting against House bill 3769, now in committee; to the Committee on Interstate and Foreign Commerce.

647. By Mr. KENNEY: Petition of unemployed associations of Bergen County, N.J.; to the Committee on Labor. 648. By Mr. LINDSAY: Petition of Creed A. Neeper, New York City, urging support and passage of the Home mortgage bill, S. 1317; to the Committee on Banking and Cur

rency.

649. Also, petition of National Fertilizer Association, Inc., Washington, D.C., concerning House bill 5081; to the Committee on Military Affairs.

650. Also, petition of National Association of Postal Supervisors, Branch 100, New York City, opposing retirement of Federal employees after 30 years' service; to the Committee on the Civil Service.

651. By Mr. RUDD: Petition of Creed A. Neeper, New York City, favoring the passage of Senate bill 1317, the home mortgage bill; to the Committee on Banking and Currency. 652. By Mr. WELCH: Petition of California State Legislature, Assembly Joint Resolution No. 24, relative to memorializing the Congress of the United States to enact a moratorium on foreclosures of real property mortgages and on sales under deeds of trust on real property; to the Committee on Banking and Currency.

653. Also, petition of California State Legislature, Assembly Joint Resolution No. 9, relative to the memorializing Congress to adopt legislation with reference to manufacture of arms, munitions, and implements of war; to the Committee on Military Affairs.

MONDAY, APRIL 24, 1933

The House was called to order by the Speaker.

Mr. MCSWAIN, by direction of the Committee on Military Affairs, submitted the following committee amendments severally:

Page 23, line 1, after “shall ", strike out "by" and insert be voidable at the election of; and beginning with the first word "be", strike out the remainder of the sentence; line 21, after the first word "from", insert such, and after 'bonds", insert as the Authority may make available to the Secretary of War for that purpose.

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On motion of Mr. McSWAIN, the previous question was ordered on the amendments to their adoption or rejection, and under the operation thereof the amendments were severally agreed to.

On motion of Mr. MCSWAIN, the previous question was ordered on the bill to its passage or rejection.

The bill, as amended, was ordered to be engrossed and read a third time, and was read a third time by title.

Mr. RANKIN moved to recommit the bill to the Committee on Military Affairs, with instructions to that committee to report the bill back to the House forthwith with the following amendment:

Strike out all after the enacting clause and insert: That for the purpose of maintaining and operating the properties now owned by the United States in the vicinity of Muscle Shoals, Alabama, in the interest of the national defense and for agricultural and industrial development, and to improve navigation in the Tennessee River and to control the destructive flood waters in the Tennessee River and Mississippi River Basins, there is hereby created a body corporate by the name of "The Tennessee Valley Authority" (hereinafter referred to as the "Corporation"). The board of directors first appointed shall be deemed the incorporators, and the incorporation shall be held to have been effected from the date of the first meeting of the Board. This act may be cited as the Tennessee Valley Authority Act of 1933." Sec. 2. (a) The board of directors of the Corporation (hereafter referred to as the "Board") shall be composed of three members, to be appointed by the President, by and with the advice and consent of the Senate. In appointing the members of the board the President shall designate the chairman. All other officials, agents, and employees shall be designated and selected by the Board.

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(b) The terms of office of the members first taking office after the approval of this act shall expire as designated by the President at the time of nomination, one at the end of the fifth year, one at the end of the tenth year, and one at the end of the fifteenth year, after the date of approval of this act. A successor to a member of the Board shall be appointed in the same manner as the original members and shall have a term of office expiring fifteen years from the date of the expiration of the term for which his predecessor was appointed.

(c) Any member appointed to fill a vacancy in the Board occurring prior to the expiration of the term for which his predecessor was appointed shall be appointed for the remainder of such term.

(d) Vacancies in the Board so long as there shall be two members in office shall not impair the powers of the Board to execute the functions of the Corporation, and two of the members in office shall constitute a quorum for the transaction of the business of the Board.

The Journal of the proceedings of Saturday, April 22, Board shall receive salaries of $9,000 each per annum. 1933, was read and approved.

MUSCLE SHOALS

Pursuant to House Resolution 111, the House proceeded to the further consideration of the bill (H.R. 5081) to provide for the common defense; to aid interstate commerce by navigation; to provide flood control; to promote the general welfare by creating the Tennessee Valley Authority; to operate the Muscle Shoals properties; and to encourage agricultural, industrial, and economic development.

After debate,

162514-н J-73-1-13

(e) Each of the members of the Board shall be a citizen of the United States. The chairman of the Board shall receive a salary of $10,000 a year. Other members of the Each member of the Board, in addition to his salary, shall be permitted to occupy as his residence one of the dwelling houses now owned by the Government in the vicinity of Muscle Shoals, Alabama, the same to be designated by the President of the United States. Members of the Board shall be reimbursed by the Corporation for actual expenses while in the performance of the duties vested in the Board by this act. No member of said Board shall, during his continuance in office, be engaged in any other business, but shall give his entire time to the business of said Corporation.

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