Investigation of the Tennessee Valley Authority: Hearings Before the Joint Committee on the Investigation of the Tennessee Valley Authority, Congress of the United States, Seventy-fifth Congress, Third Session, Pursuant to Public Resolution No. 83, Creating a Special Joint Congressional Committee to Make an Investigation of the Tennessee Valley Authority ...

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Page 122 - Arizona, and 5. WHEREAS, nothing in this contract shall be construed as affecting the obligations of the United States to Indian tribes, 6. NOW, THEREFORE, in consideration of the mutual covenants herein contained, the parties hereto agree as follows, to wit: DELIVERY OF WATER 7.
Page 123 - To arrange with farmers and farm organizations for largescale practical use of the new forms of fertilizers under conditions permitting an accurate measure of the economic return they produce.
Page 155 - It is hereby declared to be the policy of this Act that, in order, as soon as practicable, to make the power projects selfsupporting and self-liquidating, the surplus power shall be sold at rates which, in the opinion of the Board, when applied to the normal capacity of the Authority's power facilities, will produce gross revenues in excess of the cost of production of said power and in addition to the statement of the cost of power at each power station as required by section 9 (a) of the 'Tennessee...
Page 112 - Tennessee Valley Authority, a corporation clothed with the power of government but possessed of the flexibility and initiative of a private enterprise.
Page 190 - This policy is further declared to be that the projects herein provided for shall be considered primarily as for the benefit of the People of the section as a whole and particularly the domestic and rural con'tmierN to whom the power can economically be made available...
Page 153 - So far as may be consistent with such purposes, the board is authorized to provide and operate facilities for the generation of electric energy at any such dam for the use of the Corporation and for the use of the United States or any agency thereof; and the board is further authorized, whenever an opportunity is afforded, to provide and operate facilities for the generation of electric energy in order to avoid the waste of water power, to transmit and market such power as in this act provided, and...
Page 121 - To cooperate with National, State, district, or county experimental stations or demonstration farms, for the use of new forms of fertilizer or fertilizer practices during the initial or experimental period of their introduction.
Page 284 - ... financial interest in any public-utility corporation engaged in the business of distributing and selling power to the public nor in any corporation engaged in the manufacture, selling, or distribution of fixed nitrogen or fertilizer, or any ingredients thereof...
Page 151 - All members of the board shall be persons who profess a belief in the feasibility and wisdom of this Act.
Page 131 - ... provided : Now, therefore, in consideration of the premises and of the mutual covenants hereinafter contained, the parties hereto agree as follows : ARTICLE I.