A corporation which TVA evangels never include in their critical remarks about power corporations is the TVA itself. Like RFC, FDIC, Commodity Credit Corp., TVA is Government corporation in business. In its buying and selling, making contracts, filing suits, its status as an incorporated concern relieves it of much red tape. Last week Dr. Arthur E. Morgan, who used to be top officer of TVA Corp., reminded his onetime colleagues, Directors Harcourt Morgan and David Lilienthal, that corporations have to take the bad along with the good, as Messrs. Harcourt Morgan...
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