A lot of unkind things have been said about the Tennessee Valley Authority. When the TVA bill was before Congress in 1933, shortly after veterans' benefits were reduced, Rhode Island's Senator Jesse Houghton Metcalf cried: "How on earth can we justify taking a decent living from the soldiers who suffered on the battlefields of France and pour it into the mudholes of Tennessee?" Arizona's Sena tor Barry Goldwater today calls TVA "a giant federal power monopoly—a hoax."
But TVA has survived such criticism.
Next month TVA will celebrate its 30th anniversary and if nothing else, it is there. It works.
Tamed &...
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