POWER: Morgan v. Morgan & Lilienthal

When Franklin Roosevelt produced the Tennessee Valley Authority Act, he knew that his Administration was launching an immense and crucial expedition into some of Government's least charted waters. To give the TVA "the flexibility and initiative of a private enterprise" in promoting the social and economic development of a territory of 40,000 square miles and 2,000,000 people, the Act provided for a policy-making board of three directors, each of whom was chosen by the President with the greatest care. Each was promptly hailed by large sections of the public as the best...

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