Dixon Yates Power Plan Scrutiny At SEC Hearing
South South Utilities and Southern Company seek SEC approval to form Mississippi Valley Generating Co to finance a 107 million dollar private plant in West Memphis feeding TVA lines to AEC. Tennessee opponents including K. D. Nichols and Joseph Volpe seek party interest stakes and potential subpoenas. Public debate centers on interlocked control and potential legal conflicts with the Public Utility Holding Company Act.
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James Morrow
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Churchill's Government Wins Ballot
The Churchill government won a Commons ballot by 298 to 269 against a Labour move to censure for alleged complacency on social injustice and to oppose public enterprise and essential controls. The motion was an amendment to the Queen's Speech at the opening of the new Parliament.
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