Tennessee Valley Authority: Hearing[s] Before a Subcommittee of the Committee on Military Affairs of the House of Representatives, Seventy-sixth Congress, First Session, on S. 1796, to Amend the Tennessee Valley Authority Act of 1933. May 10, 17, 19, 24, 25; June 2, 5, 7U.S. Government Printing Office, 1939 - 333 pages |
Common terms and phrases
acquire acquisition ad valorem taxes agency Alabama Power Alabama Power Co amendment amount believe bill bituminous coal bonds CHAIRMAN Chattanooga city of Chattanooga CLASON closing date coal industry committee Commonwealth & Southern competition Congress consumers contract cost course dams deal distribution systems district EBLEN effect ELSTON facilities Fannin County Federal Government FITTS flood control gentlemen Gilbertsville going Governor COOPER HARNESS HARTER hereunder hydro hydroelectric power interest kilowatt-hour KRUG legislation loss ment mines municipalities Nashville Norris Dam operation percent power company preferred stock present private utilities produced Progressive Mine Workers properties question railroad rates represent respective Purchasers revenue SALMON sell Seller Senate situation sold SPARKMAN statement steam plants taxpayers Tenn Tennessee Electric Power Tennessee River Tennessee Valley Authority territory thing THOMASON tion tonnage tons transmission lines understand Walker County western Kentucky WHELCHEL WILHOITE WILLKIE
Popular passages
Page 164 - Authority— a corporation clothed with the power of government but possessed of the flexibility and initiative of a private enterprise. It should be charged with the broadest duty of planning for the proper use, conservation and development of the natural resources of the Tennessee River drainage basin and its adjoining territory for the general social and economic welfare of the nation.
Page 53 - All obligations issued by the Authority shall be lawful investments, and may be accepted as security for all fiduciary, trust, and public funds, the investment or deposit of which shall be under authority or control of the United States or of any officer or officers thereof.
Page 53 - States, and such guaranty shall be expressed on the face thereof, and such bonds shall be lawful investments, and may be accepted as security, for all fiduciary, trust, and public funds, the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 53 - In the event that the Corporation should not pay upon demand, when due, the principal of, or interest on, such bonds, the Secretary of the Treasury shall pay to the holder the amount thereof, which is hereby authorized to be appropriated out of any moneys in the Treasury not otherwise appropriated, and thereupon to the extent of the amount so paid the Secretary of the Treasury shall succeed to all the rights of the holders of such bonds.
Page 327 - SEC. 15. In the construction of any future dam, steam plant, or other facility, to be used in whole or in part for the generation or transmission of electric power the board is hereby authorized and empowered to issue...
Page 164 - Act, and to provide for the general welfare of the citizens of said areas, the President is hereby authorized, by such means or methods as he may deem proper within the limits of appropriations made therefor by Congress, to make such surveys of and general plans for said Tennessee basin and adjoining territory as may be useful to the Congress and to the several States in guiding and controlling the extent, sequence, and nature of development that may be equitably and economically advanced through...
Page 122 - It is. a very complicated matter of readjusting between the Federal Government, the State government, the county government, and the city government...
Page 132 - Co., a corporation organized and existing under the laws of the State of Delaware, hereinafter referred to as "the contractor.
Page 145 - Agreement contained by or on behalf of either of the parties hereto shall bind and inure to the benefit of the respective successors and assigns of the parties hereto whether so expressed or not.
Page 333 - ... (The committee thereupon went into executive session, at the conclusion of which an adjournment was taken...