Government Corporations Appropriation Bill for 1949: Hearings Before the Subcommittee of the Committee on Appropriations, United States Senate, Eightieth Congress, Second Session, on H.R. 6481, an Act Making Appropriations for Government Corporations and Independent Executive Agencies for the Fiscal Year Ending June 30, 1949, and for Other Purposes, [May 25-28, 1948] |
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Common terms and phrases
additional administrative expenses agencies agriculture AHLGREN ALLEN amount Board bonds budget capacity capital Chairman CLAPP CONGRESS THE LIBRARY construction contract cooperative cost dams electric power ELMORE energy estimate facilities Farm Credit Administration farmers Federal Government Federal land banks fiscal year 1949 funds GOVERNMENT CORPORATIONS APPROPRIATION HOMER FERGUSON hydro hydroelectric increase industry investment JACKSON Johnsonville steam plant KENNETH MCKELLAR kilowatt-hours kilowatts lieu of taxes Memphis ment municipalities Muscle Shoals navigation needs operation payments in lieu percent President private power production credit corporations projects proposed question rates reduction request Senate Office Building Senator DwORSHAK Senator FERGUSON Senator HILL Senator KNOWLAND Senator MCKELLAR Senator SPARKMAN Senator YOUNG SMITH statement subcommittee supply Tenn Tennessee River Tennessee Valley Authority tion trainees in United Treasury TVA area TVA power TVA system TVA's United States Senate utilities Washington Wilson Dam
Popular passages
Page 124 - Association express its sympathy in the death of one of its members and extend condolences to his family, and be it further Resolved, That a copy of this resolution be spread upon the minutes of this Association and that a copy be sent to his family.
Page 202 - Act to improve the navigability and to provide for the flood control of the Tennessee River: to provide for reforestation and the proper use of marginal lands in the Tennessee Valley...
Page 285 - Nor is the concept of the general welfare static. Needs that were narrow or parochial a century ago may be interwoven in our day with the well-being of the Nation. What is critical or urgent changes with the times.
Page 76 - States, shall be final, and such findings shall thereafter be used in all allocation of value for the purpose of keeping the book value of said properties. In like manner, the cost and book value of any dams, steam plants, or other similar improvements hereafter constructed and turned over to said Board for the purpose of control and management shall be ascertained and allocated.
Page 53 - In the construction of any future dam, steam plant, or other facility, to be used in whole or in part for the generation or transmission of electric power the board is hereby authorized and empowered to issue...
Page 205 - ... fertilizer, (4) national defense, and (5) the development of power. The findings thus made by the Board, when approved by the President of the United States, shall be final, and such findings shall thereafter be used in all allocation of value for the purpose of keeping the book value of said properties.
Page 285 - The line must still be drawn between one welfare and another, between particular and general. Where this shall be placed cannot be known through a formula in advance of the event. There is a middle ground or certainly * penumbra in which discretion is at large. The discretion, however, is not confided to the courts. The discretion belongs to Congress, unless the choice is clearly wrong, a display of arbitrary power, not an exercise of judgment.
Page 53 - Dams, now under construction, will provide, a nine-foot channel in the said river and maintain a water supply for the same, from Knoxville to its mouth, and will best serve to promote navigation on the Tennessee River and its tributaries and control destructive flood waters in the Tennessee and Mississippi River drainage basins...
Page 276 - May purchase or lease and hold such real and personal property as it deems necessary' or convenient in the transaction of its business, and may dispose of any such personal property held by it.
Page 278 - That for the purpose of maintaining and operating the properties now owned by the United States in the vicinity of Muscle Shoals, Alabama, in the interest of the national defense and for agricultural and industrial development, and to improve navigation in the Tennessee River and to control the destructive flood waters in the Tennessee River and Mississippi River Basins, there is hereby created a body corporate by the name of "The Tennessee Valley Authority" (hereinafter referred to as the "Corporation").