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REA leaders wary on Nixon REA financing change
Missouri REA officials warn the Nixon executive order shifting REA to the Rural Development Act will raise private investment needs and may push rural electric rates higher. They note current investment loans lack funding, anticipate higher interest costs, and stress consumer impact across Missouri with 325,000 families served. Also mentions Princess Anne visiting Gondar Ethiopia with lion cub handshake and mountain village overnight.
MENTIONED IN THIS ARTICLE
Jefferson City
Missouri
Rural Electrification Associations
REA
Nixon
Congress
A.C. Burrows
Missouri Association of Rural Electric Cooperatives
Burrows
Cooperatives Finance Corporation
Finance Corporation
America
Gondar
Ethiopia
Britain
Anne
Debarek