Declares TVA yardstick is sound. Washington, , Dec. 15. Appearing before the Joint Congressional TVA Committee today, Leland Olds, Executive Secretary of the New York Power Authority and nationally recognize authority on utilities, declared the TVA yardstick is sound and worth '50 to 100 times a loss of $2,000,000 a year.' He condemned as a 'high cost' producer of electricity the commonwealth and southern corp., 12/15/38

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