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...Tariff Bill (see p. 15). ¶ Adopted a resolution authorizing payments of $25,000 each to Senators-Reject William Scott Vare and William Bauchop Wilson of Pennsylvania to cover costs of their election contest. ¶ Confirmed the nomination of Judge Thomas Day Thacher of New York as U. S. Solicitor General...

Author: /time Magazine | Title: CONGRESS: The Senate Week Mar. 31, 1930 | 3/31/1930 | See Source »

...test was completely exhibited in the Judiciary Committee's handling of the nomination of Thomas Day Thacher to be Solicitor General of the U. S. Idaho's Senator Borah asked Mr. Thacher if he owned any public utility stock. Mr. Thacher submitted a list of his holdings: 100 shares American & Foreign Power Corp.; 55 shares of Baltimore's Consolidated Gas & Electric; 100 shares Electric Power & Light Corp.; 400 shares National Power & Light Co. Judiciary Committee Chairman Norris wrote Nominee Thacher: "In the judgment of the committee you ought to divest yourself of the securities mentioned." Mr. Thacher...

Author: /time Magazine | Title: National Affairs: Property Test | 3/24/1930 | See Source »

...maintain govern-ment options to buy back licensed plants after 50 years. The nominal commissioners are the Secretaries of War, Interior & Agriculture. They sit about five hours a year. The actual work of the commission is carried on by Frank E. Bonner, its secretary, Charles A. Russell, its solicitor, and William V. King, its accountant...

Author: /time Magazine | Title: National Affairs: UTILITIES | 3/10/1930 | See Source »

Last week the Senate Interstate Commerce Committee, probing the Power Committee's affairs, uncovered a state of war among its personnel that threatened its useful existence. Solicitor Russell and Accountant King charged that Secretary Bonner was partial to the power companies, that he was not enforcing the Federal Water Power Act against them. Secretary Bonner's defense was that Messrs. Russell & King were politically ambitious, that they tried to "persecute" utility companies and "try their cases in the news-papers...

Author: /time Magazine | Title: National Affairs: UTILITIES | 3/10/1930 | See Source »

...Solicitor Russell told the Senate committee that Niagara Falls Power Co. had claimed a value of $77,000,000, when in reality $30,000,000 of that sum was nothing more than its right to water covered by its U. S. license. This the power company denied. Solicitor Russell also testified that power companies included in their valuations large sums used for lobbying. Accountant King told similar stories of his efforts to get at the facts of utility investment, only to be blocked by Secretary Bonner who called him "too meticu-lous." He openly charged Secretary Bonner with being more...

Author: /time Magazine | Title: National Affairs: UTILITIES | 3/10/1930 | See Source »

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