POWER: Legal Competition

The Supreme Court gave TVA a big inch in 1936, when it upheld TVA's right to sell the power generated by its flood-control activities at Wilson Dam (Muscle Shoals). Last week the Court handed down a 5-to-2 decision* that gave TVA a mile. Fourteen private power companies had appealed from a Federal court decision, which affirmed the constitutionality of TVA's entire power program and held that any loss they suffered from TVA competition was damnum absque injuria (loss without a legal comeback). In moderate Justice Roberts' decision, the Supreme Court dismissed the appeal of the companies because "neither their...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!