The Swing-Johnson bill, as favorably reported and now pending before both houses of Congress, authorizes the Secretary of the Interior to construct a 550-foot dam in the Colorado river, and to erect and. operate a hydro-electric power plant with an installed capacity of 1,000,000 horsepower. The plant would have a steady capacity of 550,000 horsepower, or about three times the steady capacity of the government plant at Muscle Shoals.
The action taken by Congress on the Swing-Johnson bill will decide questions of fundamental importance in connection with governmental policy on hydro-electric development. The bill presents the question whether or not the federal government, in making regional improvements such as the one it proposes, should seek to finance these improvements through the generation and sale of ...