Show economic highlights TIM affert iloner valle aake mill lux u 1 T d lems ivan 1 froin lorl loral antrican industry united it 11 loti fline for the la loda docis loil lout tit tin lint monday after monday monday in am it di cl sion any the ChatI neero rio junu ael with notables t inger to 14 eipur alm Jud lusi com spook diwik the ft fl mil word tl jim HH to lit in talo light of if alio constitution airl AIM monday after monday tilt they ivero it HH TVA ali K coill apat oil lip Axil tri col rounda luell 1 and the alio N v f ns t 4 written written rewritten re lo gono over our a 11 mines tunit with etli it nim fitio tooth col collell lill alio deci stoll was wn finally hilli hillides ded town din ITA Is da voli lit lonal K fin far ua its till the pointy points of dasno uro coil berned ned wilm HH tit aliu glat of it and in ill the liu beelas following imry every wag azine has spent it largo part of its space and exactly ait what to t tile future of the ind eral tal vast amt iona aufa r pro pio gi kubin ono question yat ct to lie do ly im Is ili TVA it ional lit in other 8 of ln its tie nc lIvIt leo not cove lomel in fit the tit test ease brought lilii li lit by 1 stockholders erg of tile alabama power Colli pally week it 11 coin coal mon op lillon when w it said TVA wt gets it light to proceed iro cooil 1 l 0 from ill alio 00 court it V t so ho booi elya power pr lio inin generally though the hint of 41 ble rl rd d ganic IH rather obvious with tile actual words ot of tile tha op opinion fillon apier a valley auth orlay J ty lina do ilono 0 o to now V na 0 s us na y deedon of tiny ihunt not vital to the ali rat ritt lir lier barrow caso before it it bicart of tite couitt Cou itH devis loll was lie mcw ot of pac legal for tho the annii nn ii tha tithe power it generates li Is it ft by of functions property properly within wll lilii the pl liero of federal letlon nt loi jaaj ely navigation control tle fonse so far so POM or arojo project ato a choro loin hid and national defense aro are in noway no way linvol ved where tile tho isolo alu purpose Is production kilo of ele citric energy best lewt legal authorities 0 are saying paying that such auch pro facts will IM be hold unconstitutional 1 and I tila t the irio courtn Cour till ex care lit ili itself if to tile the narrow issues of the TVA ava case shows that the alie jussim Justl roa want it t to 0 be understood that they are not endorsing wholesale esala federal ventures into business activity bif it national defenso and tion control aro are the arbiters of a 0 developments ty y tho the experts exiT erts continue bonneville and r fort ort teck peck dams for example ample ei are legal and similar ar projects definitely are not and will anvill bo be thrown into the limbo of f unconstitutional laws it if and when i the ho court Is called upon to pas paa s on them hem and such nuch a project no ni the santee cooper where the ithe federal government loaned the lotife of south carolina Ch rolina money at ata a low ln in terest rate for power develop development men t it la Is allen alien to the basto basic law of tile the land it Is a noteworthy ft ast thai w while title friends of the TVA cheered tho the deci decision alon Iti lustily attly utility not not particularly downcast this may bo be calami to mean the decision had iso ao many implied IN ifa and buts that eliat no sido won a h sweeping victory one thing tit at least seeing co kain certain tho the government Is not Ju justified stifled lit in believing lit in tile the light of thelva I 1 decision that flint it would receive a 4 i Su supreme cou court rt ony okay for laity any kind i of power or irrigation project it may take a fancy to aop in gone general nil linb lias stiffe reil a slight decline primarily oftie to seasonal co conditions put n no 0 signs of mi ali important uniack ewt laick litie ire lit in evidence find there are many mani signs to indicate that substantial progress will con continue to fo be made continued OR an vhf three highlights frow from rue rate one it Is always encouraging when real om alte values go 90 up and nil fill over aliu country reports of high lirles fur for urban land and howes come ano in au it Is reported that 16 45 life insurance companies lit in in ili city mortgages during the lie first eolith and a liala ot of 6 i iani bitet in ill tile tho saino last year beati Jinni tiry motor sales 8 auro bucal mucal better were expected lind yeat lier Is it its of nit an nied on tile auyor than it used to ix be I 1 A rise ilso lit in copper prices Is wild to bo just in ill tilt offing prices pric es axe looking up in alio woolen f field remarkable iccomb lins iwin fiade bindu nail held in the tool industry in ili january tile index lyhs it at alli lost ill per colit cent of tile the 1020 1926 level leol the utility industry la Is lit in a quandary power annand doni tind Is steadily rising and trow consumption records are forecast on oil the other hand the industry does doca not lot feel justified lit in spending money for new nev facilities on oil a mg sonic until tile cons constitutionality tl ty ut of the wheeler Ilay huni hill and federal fiti anci ing hg of municipal plants tire are deela ed 1 |