Abstract

The Power Industry Goes NRA
Count, Jerome | January 31, 1934 issue

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Conjecture has failed to explain why the power industry did not refuse to submit a "code of fair competition" to a hostile U.S. government. Early in the National Recovery Administration era the power industry declared that it would stand on the constitution. Several weeks before the industry actually submitted a code, the Edison Electric Institute bewailed this invasion into the sacred province of state regulation and insisted that a code would mean the irremediable loss of its legal rights. Such a code would be an unwarranted intrusion of federal regulation into intrastate business.

See Also:

ENERGY industries; INDUSTRIAL laws & legislation; FEDERAL regulation; COMPETITION; INDUSTRIES -- United States; UNITED States
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