Word: harcourts
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...Credit Corp., TVA is Government corporation in business. In its buying and selling, making contracts, filing suits, its status as an incorporated concern relieves it of much red tape. Last week Dr. Arthur E. Morgan, who used to be top officer of TVA Corp., reminded his onetime colleagues, Directors Harcourt Morgan and David Lilienthal, that corporations have to take the bad along with the good, as Messrs. Harcourt Morgan and Lilienthal have often reminded the power corporations...
...national defense. The 52% figure was arrived at by charging to power the $23,967,177 spent specifically for power development, plus 40% of the cost remaining when this and specific expenditures for flood control and navigation had been deducted. With rates based on this allocation, opined Chairman Harcourt Morgan, TVA's power sales "will be sufficient to cover all of the costs of operation, including depreciation and 3% interest on the investment allocated to power and, in addition, to return in 30 years the entire investment allocated to navigation and flood control...
COLLECTED POEMS-E. E. Cummings- Harcourt, Brace...
...Harcourt Morgan went on to testify that...
Colleagues v. Morgan. First to reply to Arthur Morgan next day was quiet little Harcourt Morgan. He deplored the fact that, whereas Dr. Arthur's original charges "have been generally understood ... to be charges of personal financial dishonesty and corruption," only now, three months later, were they known not to be charges of graft. "During these many weeks a heavy cloud has rested on Mr. Lilienthal and myself, as well as the entire staff of TVA. . . . The most painful experience that I have suffered in nearly 40 years of connection with public undertakings...