Business: Gadget Corp.

Last Spring President Roosevelt waved his magic wand over the Tennessee Valley and decreed that more electricity should be made than could be used. Last week the wand waved again and the President decreed that all the residents of the Tennessee Valley should have electrical gadgets to burn up the excess current. By executive order, he created the Electric Home & Farm Authority to provide cheap credit in the realm of the TVA for the sale of electric stoves, refrigerators, water heaters, irons, toasters, sewing machines, waffle irons, etc. Appliance makers have agreed...

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