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Henderson, Vance County, North Carolina
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Mississippi Democrat Rep. Rankin demands Harvey C. Couch's resignation from the Reconstruction Finance Corporation board, citing high power rates and obstruction of municipal power projects in the South, comparing it to Insull interests in the North. He urges President Roosevelt to remove Couch if he doesn't resign.
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Couch From
The R. F. C.
Mississippi
Congressman To Oust
Man Throttling Lo-
cal Communities
Washington, Feb. 13 (AP)—Demand
that Harvey C. Couch resign from
the Reconstruction Finance Corporation board
of directors was made in a formal
statement today
by
Representative
Rankin, Democrat, Mississippi.
Basing his statement on the publi-
cation by the Federal Trade Commis-
sion of salaries received by executives
of power companies, Rankin said that
"unless Couch resigns from the R.
F. C. at once, President Roosevelt
ought to remove him."
"The Couch interests has been to
the South what the Insull interests
were to the North," Rankin said.
"They are today plundering the peo-
ple of Mississippi with power rates,
throwing every obstruction into the
way to prevent towns, cities and mun-
icipalities from owning and operat-
ing their own power plants, or from
securing power from the Tennessee
Valley Authority at Muscle Shoals."
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Story Details
Key Persons
Location
Washington
Event Date
Feb. 13
Story Details
Rep. Rankin demands Couch's resignation from RFC for high power rates and blocking municipal power in Mississippi, urging Roosevelt to remove him if needed.