Final action by Congress on the Muscle Shoals question will be in order upon the submission of a report to the House and Senate by the joint committee recently authorized to negotiate with private bidders for the leasing of the Government's nitrate and power properties in Alabama. The resolution creating the leasing committee calls for a report of its findings and recommendations, together with legislation to carry them into effect, not later than April 26, 1926.
In creating the present joint committee, the House and Senate carried out a recommendation made by President Coolidge in his 1925 message to the Sixty-ninth Congress. The accompanying recommendation that the properties be sold to the highest bidder was rejected, however, in favor of a 50-year policy.
“I am convinced ...