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JUSTIFICATION

The Tennessee Valley Authority was created by act of Congress, signed by the President May 18, 1933. The general purposes are as follows: (1) Unified development and control of the water resources of the Tennessee River and its tributaries through the construction of dams to provide navigation, control floods, and, as an important incident thereto, produce power; (2) utilization of the surplus power produced in these activities for the purpose of determining the relative cost of public and private power operation and the distribution of this power to the greatest number of people; (3) experimentation to lower the cost of production, distribution, and application of the major elements of fertilizers, and the promotion of the national defense by maintaining a plant in condition to manufacture nitrates in case of emergency; and (4) planning for the complete Tennessee River watershed, including erosion control, afforestation, the further use of mineral resources, the promotion and coordination of industry and agriculture, and surveys and plans for the proper use of land and the general social and economic well-being of the valley.

The Authority has been operating approximately 1 year. Norris Dam and Wheeler Dam are 30 percent completed. These projects include the purchase of 250,000 acres; the clearing of 50,000 acres in the reservoirs; the relocation of roads and railroads; the moving of several thousand families. In addition to a construction camp, housing 1,200 workers on Norris Dam, the town of Norris, consisting of 350 houses, has been projected as a demonstration in low-cost housing, town planning, and electrification of the home. Approximately 200 of these houses are completed, as well as 45 houses of a similar group at Wheeler Dam.

Plans for the construction of the necessary dams to provide facilities for commercial navigation upon the Tenessee River from its confluence with the Ohio River to Knoxville, Tenn., have been formulated. Norris Dam, when completed, will be invaluable in the control of destructive flood water and for the purpose of regulating the dow of the Tennessee River. Wheeler Dam is an integral part of the plan for the improvement of navigation Facilities upon the Tennessee. Two additional dams are proposed as navigation and flood-control projects and as a means of providing additional employment.

A definite policy for the disposition of the surplus power o be generated at these dams has been formulated. The

Authority has determined the terms and conditions upon which such power is to be sold. One hundred miles of rural transmission lines have been constructed. Arrangements have been made to supply power to more than 50 municipalities and private power companies have been stimulated to substantial rate reductions. In Tupelo, the first city to use Muscle Shoals power, the use of electricity has increased 100 percent over last year. A similar increase is in evidence elsewhere.

Research in fertilizer manufacture has developed a process which will be demonstrated in a new plant nearing completion at Muscle Shoals. Thousands of acres of phosphorus-bearing lands have been leased to assure a supply for the operation of this plant. Arrangements have been made for testing the fertilizer and plans have been outlined for its economical distribution. It is believed that such distribution will encourage the use of fertilizers in the Tennessee River Basin in such manner as to check effectively soil erosion and diminish the hazard to navigation that arises from continuous silting.

Preliminary surveys are fixing sites and determining the dimensions of future dams. A program of aerial mapping of the basin area in cooperation with the United States Geological Survey is 50 percent completed. Five thousand C. C. C. men are working under the direction of the Authority on reforestation, erosion control, and park improvement.

Approximately 12,500 men are now employed on this program; as many more have been given employment as a result of purchases of supplies, materials, equipment, and contract work.

The Budget request for 1936 provides for the continuation of the above program. Norris and Wheeler Dams will be completed. Two additional dams are proposed as navigation and flood-control projects, and as a means of providing additional employment. Electrical properties acquired or constructed in 1935 will be operated and will provide additional revenues, as indicated on Supporting Statement No. 1, shown above. Further steps will be taken to round out the electrical system and to increase the use of electricity. The first units of the fertilizer plant will be operated and additional units of a different type will be constructed. With this program, the Authority will provide considerable employment on work of great permanent value in furthering a national program in the Tennessee Valley.

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This total includes the Federal contribution of $5, 700, 000 and P. W. A. allotment of $180, 911. 17 in addition to the amount of $30, 689, 804. 67, constituting the trust account he District of Columbia as carried in the daily Treasury statement.

* Increase.

1. General revenue account:

(1) Tax on real estate ...

(2) Tax on tangible personal property 1.
(3) Tax on intangible personal property 1.

(4) Tax on public utilities, banks, etc. 1.

(5) Personal property tax on motor vehicles.

(6) Insurance taxes..

(7) Beverage taxes.

(8) Assessments (alleys, paving, sewers, sidewalks, etc.).

(9) Fees (registration, licenses, transcripts, etc.)...

(10) Permits (building, concessions, automobiles, etc.)

(11) Licenses (plumbers, occupational, dogs, etc.). (12) Fines...

(13) Sale of products and services.

(14) Sale of surplus and condemned property.

(15) Rents..

(16) Forfeitures...

(17) Receipts not otherwise classified

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SUPPORTING STATEMENT No. 1

RECEIPTS

1 Includes interest and penalties on delinquent payments.

Receipts, trust accounts..

Add transfer from general revenue account, policemen and firemen's relief fund, under act of Sept. 1, 1916..

Total receipts, trust accounts..

Total receipts, all accounts of District of Columbia. Adjustment to basis of daily Treasury statement..

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