Securities and Exchange Commission

Behind the Headlines
July 05, 1954

The President’s Remarkable Firmness The Tennessee Valley Authority needs a new plant—^with an installed capacity of 600,000 kilowatts—if it is to meet the demands of the Atomic Energy Commission: about 50 percent of TVA power goes to the AEC and another 25 percent to defense plants.

The Smoldering Constitutional Crisis
January 18, 1943

We re-elect FDR—and the opposition is installed within the government. The cause which failed to persuade the voters scores an easy victory in Washington. The democratic process operates, yet it is by-passed. Somehow a wedge has been driven between the exercise of power and its popular source. A constitutional crisis impends which makes insistent the question, Whose government? In a sense a sport has been thrown up by the war. Yet the war has done little more than accelerate trends long in the making. For our political order is undergoing revolution.