Show attitudes are made known toward river developments NEW YORK the attitude of of the nations business managed electric electr dc light and power companies toward proposed river developments by the united states government was made known recently in a joint statement on the subject these developments providing for the creation of the missouri valley authority and other projects sim ilar to TVA as well as the completion of several already in operation entail an estimated initial expenditure in excess of the electric com companies Danies representing a large portion of the industry made four specific points in defini defining 6 their attitude toward such government undertakings 2 a damns dai t proposed all of its purposes should be clearly defined in the legislation flood icon con k arol navigation irrigation or power and the benefit to the people said should justify the cost T 2 government produced power should be sold to existing power tenis without special privilege oi of dds das cri crimination mi nation so as to avoid costly duplication and to insure widest use and lowest rates 3 any savi js thus anus effected should be passed ing along to consumers under state or other regulations thus re sla Sl 1 cf nf the ithe without g i going I 1 into business and compell ng with it its own catiz citizens ali 4 e 4 I 1 4 government ent nay may pro prop ply business beuf should not t op eafe business forzA kin in business j S 9 es 16 beai ailak aie i compa companies pies sl be statement CH C hamato am 1 I mo ses esi dent of the tha arkansas power pany this announcement is designed designed arto p bu business iness inan aged electric companies regarding river develop developments merits along the pattern patter rk af of TVA aya 11 the 11 1 c companies wrongfully have been charger with attempting to block such val valley ey de this i an ce to tb the act ric companies we do not oppose any government project orthis vide idad d it is economically sound what does concern us is the threat of a annihilation of the businessman business man aged L electric industry by the use of the taxpayers mo money ney to subsidize government power plants unfairly competing with the begg ness man |