Business: Economic Peace

One day last week President Roosevelt had a long talk with Clyde Leroy Seavey, acting chairman of the Federal Power Commission, Administrator John M. Carmody of the Rural Electrification Administration and Ervin E. King, Master of the Washington State Grange, in whose bailiwick the Government is building the great Bonneville Dam hydroelectric project. When reporters trooped in later for the regular press conference, they found the President full of thoughts on Power. He launched into a long dissertation on the theory of utility rates. By the time the reporters were free to...

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