New Federal Legislation on Public Utitities
Changing Economic Organization of the Country
Eight major proposals for legislation directly affecting the interstate operation of public utilities are at present awaiting action by the Seventy-first Congress. The most prominent of these at the moment are the Couzens bill for creation of a new federal commission on communications, upon which hearings have recently been completed by the Senate Interstate Commerce Committee, and a second bill by Senator Couzens, for reorganization of the existing Federal Power Commission, upon which hearings are now under way. When these measures have been reported, the committee will take up legislation to establish federal control over all interstate transmission of electric power.
Bills to facilitate the consolidation of railroads and providing for regulation of interstate transportation ...