In acting on the bill I have to consider whether it is desirable to adopt a change in Federal policies from regulation of utilities to their ownership and operation; whether the lease provision in respect to the fertilizer plant is genuinely workable; whether the method proposed in this bill will produce cheaper fertilizers for the farmers.
Herbert Hoover: “In acting on the bill I have to consider whether it is desirable to adopt a change in Federal policies from regulation…”
Editor's note · Context
Statement on Muscle Shoals Legislation.
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