Show SENATE STUDIES UTILITIES CURB WASHINGTON Jan 28 UP UP- UP Senat Senators rs toda today considered recommendations recommendations from the federal trade commission for tor stringent control of ol utility holding companies to prevent further alleged exploitation of ot the rate paying public and stock tors The commission sion after a year six Investigation investigation investigation in in- o of gas and electric ut utilities lf ties tics proposed a point four legislative program to curtail curta l the powers and spread o of holding companies The comm commissions commission's ions ion's proposals which it ranked in order arder of at importance but which it said could be employed e ef effectively effectively ef- ef in combinations included 1 1 Heavy federal taxation on an holding holding hold hold- in ing companies and their profits 2 Direct statutory prohibitions of ot alleged evils in m their operations 3 3 Compulsory federal licensing of holding companies 4 Enactment of a federal permissive pet pet-mis- sive incorporation act The commission said the taxation plan seemed to enjoy features not possessed by the others sin sine since e congress congress congress con con- gress had almost unlimited taxing powers which can be enforced without without with with- out regard to state boundaries |