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Show cc Federal Corporation j Proposed to Operate I AH Nitrogen Plants WASHINGTON, Nov 7 Creation of a federal corporation to take over ond j operate the government's nitrogen plantu at Sheffield and Muscle Shoals. Aln . nc to buy or build other plants and deal j generally in nitrogen in proposed in u I bill Introduced today by Chairman Wadj- 1 worth of tho lenate military committ-; j at the request of Secretary Baker, The corporation wiuld have a capifi stock of $12,000,000 and would be managed man-aged by dire.-tora appointed by the sc-Irelary sc-Irelary of war The rorporatlon would j also io empowered to riixpo.se of r-x-1 ployive manufacturing properties which I cost the governnient about $T",0O0.00n. |