Since 1934 the $15,000,000,000 U. S. public utility industry, rightly or wrongly convinced that the present U. S. Government is bent on sending it to the death house, has been fighting a rear-guard legal action with about as little success as Convict Tom Mooney. It has lost two major appeals in the Supreme Court. Last fortnight utility lawyers concluded a last-ditch attempt to get the currently New Dealish Supreme Court to reverse the "brutal doctrine of Chattanooga"—the opinion of a three-judge Federal Court this year that since TVA power sales are legal,...
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