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Luthringer Opposes Federal Electric Bank for REA Cooperatives
M. S. Luthringer of Central Illinois Public Service Co testifies before the House Agriculture Committee in Washington against a proposed Federal Electric Bank. He argues the bill adds taxpayer burden, lacks guidelines, and could let borrowers acquire utility properties while non profit cooperatives are sound financially.
MENTIONED IN THIS ARTICLE
CIPS
Federal Electric Bank
Rea
M. S. Luthringer
Central Illinois Public Service Co
House Committee On Agriculture
Washington, D. C
Congress
Luthringer
Ttax