UTILITIES: The Wrong Horse

Is private enterprise always more efficient than the Government? Last week TVA Chairman Gordon R. Clapp, in a University of Chicago lecture, answered with a flat no. As evidence, he pointed to the "race" between TVA and Electric Energy, Inc., a combine of five privately owned utility firms, to supply power for Atomic Energy Commission installations at Paducah, Ky. In 1950 AEC contracted with TVA to build a power plant at nearby Shawnee, Ky., and with Electric Energy, Inc. to build a similar plant at Joppa, Ill., just across the Ohio River.

The Joppa plant was scheduled to get into operation...

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