Word: ownership
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Dates: during 1930-1939
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Public utilitarians were dazed and disappointed by last fortnight's elections. Where the issue was raised, citizens revealed a determined desire to try municipal ownership and operation of local power & light systems. Not so many communities balloted on public ownership as last year but what worried private operators was the fact that the propositions were carried this year despite a notable decline in the chances of borrowing government funds...
...having suffered a major defeat in Knoxville last year, was again completely routed in Memphis. There TVA Director David Eli Lilienthal scored when citizens voted 18-to-1 to buy or build with the proceeds of a $9,000,000 bond issue a municipal system using TVA power. Private ownership rallied a vote only a little larger than the number of utility employes and only one-half the number of customer-stockholders...
...President Roosevelt's tour of the Tennessee Valley this week was seen tonight as the first skirmish in the Administration's battle for cheaper electric rates to inspire public ownership of municipal utilities...
...measured opinion of the committee that "War may be good or bad." Collective bargaining the committee approved-but it also seemed to approve the open shop. It favored "social insurance" but declined to recommend public ownership of utilities. "Economic planning," said the committee, "may reach a point at which liberty dies." Liberals in the House of Bishops could not let this pass without protest. Soon as Bishop Freeman finished reading it they clamored for the floor. Of those who got it before Presiding Bishop Perry called the session closed that day, none was more outraged than Bishop Edward Lambe Parsons...
Every well-informed citizen of Kansas City knows how the late Robert Alexander Long went into the lumber business, boosted Long-Bell to be the largest lumber company in the world operating under one ownership, built the company city of Longview, Wash., and paid himself, as founder-chairman, a $60,000 salary during good years. The first years of his married life Lumberman Long passed in a $700 cottage in a corner of a lumber yard. But before he died last March, aged 83, he had erected for himself a huge 70-room porticoed limestone and marble Renaissance house-fine...