UTILITIES
"Cold Facts" v. Politics
What to do with Muscle Shoals?
Last week President Hoover was squarely confronted with this tough old question. As an answer Congress had sent him a bill about the Government's $135,000,000 power-&-nitrate plant on the Tennessee River.* Carefully he pondered the measure. Carefully his Secretary of War pondered it. Carefully his Attorney General pondered it. They scratched their collective heads in joint perplexity.
For ten long bitter years Congress had wrangled wordily over Muscle Shoals, constructed during the War to produce nitrates for munitions. Henry Ford had wanted...