Abstract

The Farce of Power Regulation

A Pennsylvania legislative committee which in response to a resolution of the State legislature has for the past several months has been conducting a most thorough investigation of the Public Service Commission and the utilities situation in that state. The committee has reported that by its negligence and its indifference to its stewardship the regulatory commission has been consistently playing into the hands of the power trust. All the facts uncovered by the federal body had for years been in the possession of the Public Service Commission of Pennsylvania. It could at any time have moved to investigate Scranton Electric's immense profits, yet it refused to act until virtually compelled to do so as a result of the federal investigation.