Goldwater Presses TVA Sale in Letter to Fulton
In a letter to U.S. Rep. Richard Fulton, Senator Barry Goldwater says he is quite serious about pursuing the sale of the Tennessee Valley Authority.
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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Oct 29, 1963
Page
1
In a letter to U.S. Rep. Richard Fulton, Senator Barry Goldwater says he is quite serious about pursuing the sale of the Tennessee Valley Authority.
A quote notes that placing the enterprise on the tax rolls would be a great boon. Goldwater states TVA currently pays no federal income taxes but makes in lieu of taxes payments to state and local bodies equal to five percent of annual gross power sale revenues to other federal agencies.
The House Judiciary Committee backed a bipartisan civil rights measure 20 to 14, moving away from Kennedy’s stronger bill. Final passage hinges on another voting meeting after late night drafting and distribution of a 56 page package covering voting rights and school desegregation.
Roy Bethune announces a Cub leaders course and a Boy Scout leaders course at Central Baptist on November 5 12 and 19 at 7 25 p m R L Penn will lead Cub training and Tidwell Semmes will head the Boy Scouts Down town Merchants Association plans favors for Halloween as a community tradition A Lafayette Street crash occurred Monday at 1 10 p m involving Vivian Williamson and a garbage truck Dewitt Creel was involved Eastwood School hosts a Halloween Carnival Thursday 5 to 7 30 p m
A university instructor argues science illuminates truths from God and cannot abolish faith. The message urges students to trust Christ of Calvary, saying science alters conditions but not the human heart, and faith should be fixed and private.
TVA chairman calls Goldwater suggestion to sell the Tennessee Valley Authority to private interests irresponsible. Rep Robert Everett of Tennessee says Goldwater favors big business over people and defends TVA as a single government agency valued for power, navigation, conservation, and recreation benefits.
He argued that TVA would face a levy five times higher than private business taxes and that taxpayers may wait 50 years or more at current payment rates to recover the investment. Goldwater suggested TVA overstated its 1933 mission of river harnessing and flood control with power sales as a minor by product.
Frost is forecast tonight as a 35 degree low and 66 degree high mark the day. The outlook calls for cooler windy conditions with clear to partly cloudy skies and scattered frost overnight. Fire risk rises in Alabama forests due to increasing winds with minimal rainfall.
The State Board of Education faces a temporary injunction preventing cancellation of Paul R. Malone’s contract for the state textbook depository. Birmingham chancery court judge William Jenkins ordered the stay, bond set at 5000 dollars, as bids for a new five year contract were to be opened. Malone’s contract was canceled over alleged noncompliance with specifications and had four years left. Malone pays 3 percent rebate on textbook sales.
Decatur Chief of Police Pack announces Patrolman Bobby Newsome’s promotion to detective effective Thursday. Newsome ranked highest on a qualifying test and was chosen for the second detective post alongside Detective Ernest Bowman. Bowman welcomes the expansion of the investigative unit citing growing work. Newsome will work with Bowman for several months as this addition debuts.
Senator John J. Williams presented a sworn report to the Senate Rules Committee detailing his probe into Robert G. Baker a powerful Senate aide who resigned amid controversy The committee plans to meet again to decide on outside counsel and staff and Williams testimony covered business dealings and potential misuse of influence without specifics on an earlier named figure.
Rep. H R Gross demands administration reveal the inside story of a German beauty named Elly Rometsch deported after allegedly boasting of amorous exploits with Washington figures. He questions possible security violations in the speedy nonpublic action.
State Conservation Director Claude Kelley ordered all hunting seasons halted in Alabama effective at sundown October 31 to reduce fire hazards in dry forests. The suspension could be lifted if widespread rain falls before the deadline.
The Athens City Council approved a 508 435 dollar budget for the fiscal year at City Hall. A new rate on electrical and plumbing permits will take effect January 1. A drought driven water hauling schedule was approved for county residents with dry wells. Bid openings for new fire equipment were postponed to the next regular meeting. Monthly sanitation patrols will clean Town Creek. Water contract refunds totaling 31 039 82 to 18 subdivision developers were authorized. The electric department may join a water heater washer dryer and water system promotional program.
GM posted record nine month earnings of 1.086 billion dollars with 3.79 dollars per share and unprecedented sales of 11.681 billion. The results boosted stockholder confidence as GM weighs a 2-for-1 stock split and dividend options ahead of a Monday directors meeting in New York.
Markets at a glance show mixed activity with higher stocks led by gainers in select issues. Bond trading is quiet with mixed results while commodities trend irregular to steady as hogs hold near top prices and livestock quotes remain steady for slaughter cattle.
At Cape Canaveral the Titan 2 rocket is readied on Complex 19 for the first unmanned Gemini flight. The test will launch a mock Gemini to evaluate spacecraft booster compatibility temperatures and guidance and to verify precise orbital placement.
Short humorous item by Ken Reynolds about a reader complaining that an auto repair ad promised fixes but delivered mixed results. It notes a playful clash between customer expectations and service advice. The piece uses light, punchy language typical of a daily column.
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