Show t Encourage r ge Industrial A report of the Fed Federal r l Power Commission to Con Congress ress points out doub doubled the electric industry has that in about nine led its grOSS cross revenues re by reason of the tremendous tremendous new years developments it has hils made DeW on thi this the Allentown Pennsylvania Leader says those have ha taken place in pots that have not suffered from political l interference interesting point and andone andone andone This is an checked one that may easily be Muscle Shoals is still a n drag draff dra on and is doin doing almost l the 1 taxpayers f or f 1 DOwer pro pro-I pro pro- t i Production of industrial from the me Tennessee River has n power bas baa been slow low of realization In contrast to this power develop develop- developments developments ments meats costin costing tens of millions or of dollars have taken place on the River where nine Susquehanna Years ago aro the hydroeleCtric hydro energy I available 3 was negligible ne Unnecessary political interference interference ence nce with the electric industry is isa isS iss S a lure fire means of creating in- in in inertia ertia Investors are arc not point going to put mone money in a project or a busi husi business ness which is being thrashed about by the politicians The They are to the going to turn their nt at attention to areas where power dev dev- developments are arc wanted are arc needed intelligently and and where they are arc welcomed In spite of its haying doubled its gross revenues by rendering in- in increased increased in increased creased service to a wider circle of homes and businesses the power net profit is constant bein being regulated by law Selling more po power er means that it can sell each tAch unit at a lower lowel price and pro pro- pro provide vide ride better Sen service ce A continuance or of the present system b by which the pr privately owned electric indus industry try tr is regulated b the states as- as assures assures as assures future progress To try more restrictive systems invites retrenchment re- re of electrical expansion when the country needs increased industrial of all inda |