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Juneau, Juneau County, Alaska
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President Roosevelt condemns a powerful lobby using falsifications against utility holding company legislation, urging House approval of Senate bill to abolish unnecessary holding companies in seven years. Senate leaders warn they will block the bill if House rejects the 'death sentence' provision.
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By President
WASHINGTON, June 29. — President Roosevelt has severely condemned what he termed a lobby charged with fighting the utility holding company legislation.
The President has called for House approval of the Senate bill containing a provision abolishing "unnecessary" holding companies in seven years.
WARNING
WASHINGTON, June 29. — Senate leaders gave a warning they will move to kill the Administration's utilities bill if the House does not approve the "death sentence" abolishing holding companies. This was made after the President, in renewing his demand for mandatory abolition and charging the most powerful lobby ever organized was employing deliberate falsifications in its fight against that provision.
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Location
Washington
Event Date
June 29
Story Details
President Roosevelt condemns a powerful lobby for using deliberate falsifications against utility holding company legislation and demands House approval of the Senate bill to abolish unnecessary holding companies in seven years. Senate leaders warn they will kill the bill if the House rejects the provision.