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...administration-appointed board includes among its membership five college presidents and Samuel M. Brownell, United States Commissioner of Education. Frederick L. Hovde, president of Purdue University is chairman of the group, while Margaret Clapp, president of Wellesley, is vice-chairman...

Author: NO WRITER ATTRIBUTED | Title: Law Student Chosen Foreign Scholarships Board Representative | 5/20/1954 | See Source »

...FIGHT is shaping up over who will boss TVA when Gordon Clapp's term expires in May. To support their plea to keep Clapp, a delegation of TVA area residents headed by S. (for States) R. (for Rights) Finley of Chattanooga, handed President Eisenhower a stack of petitions bearing 60,321 signatures. But Eisenhower wants an administrator with a less New-Dealish background. Likeliest candidate: Chattanooga egg dealer and longtime GOPolitician, Harry C. Carbaugh...

Author: /time Magazine | Title: Business: TIME CLOCK, Mar. 29, 1954 | 3/29/1954 | See Source »

...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...

Author: /time Magazine | Title: UTILITIES: The Wrong Horse | 3/1/1954 | See Source »

...Joppa plant was scheduled to get into operation three months ahead of TVA's. Said Clapp: "Both TVA and E.E., Inc. suffered from delayed deliveries from equipment manufacturers. Both encountered labor difficulties. Both projects missed the completion dates originally scheduled. Trade journals and some of the daily press heralded this 'race' . . . After a while, however, the cries of the professional spectators died down. It began to be apparent that the wrong horse was coming in ahead. Two years and three months from the time construction was started, the first unit at TVA's Shawnee plant...

Author: /time Magazine | Title: UTILITIES: The Wrong Horse | 3/1/1954 | See Source »

...costs, Clapp added, Electric Energy, Inc. had to raise its estimates from $126 a kw. to $184, while TVA kept "well within" the original estimate of $147.50. Said Clapp: "If this story has a moral, perhaps this is it: enterprise is where you find...

Author: /time Magazine | Title: UTILITIES: The Wrong Horse | 3/1/1954 | See Source »

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