Federal regulation of interstate power; opposition to government operation of the power business

We urge legislation to authorize this commission to regulate the charges for electric current when transmitted across State lines.

I have repeatedly recommended the Federal regulation of interstate power. I shall persist in that. I have opposed the Federal Government undertaking the operation of the power business. I shall continue in that opposition.

I have repeatedly recommended the Federal regulation of interstate power. I stated as early as 7 years ago that "glass pockets are the safety of the industry as well as of the public." I secured the creation of an independent Power Commission by Congress 2 years ago under the leadership of your Senator. I have opposed and I will continue to oppose, the Federal Government going into the power business and the further extension of Federal bureaucracy.

In these cases, power is often a byproduct and should be disposed of by contract or lease. But for the Federal Government to deliberately go out to build up and expand such an occasion to the major purpose of a power and manufacturing business is to break down the initiative and enterprise of the American people

Quoting his 1931 Muscle Shoals veto.