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Focuses on the views of Robert Isham Randolph, member of the United States Republican Party and a consulting engineer, on the Tennessee Valley Authority (TVA) Act. Comment of Randolph regarding the act being a political and economic crime; Views that David Lilienthal and Harcourt Morgan, directors of the board, prevented Arthur Morgan, another director of the board, to single handedly pursue the direction of TVA; Division of responsibilities of the directors; Charges of falsehood and misrepresentation made by Morgan; Clauses in the literature of the act to contest TVA's right to sell power; Opinion that power is the mainstay of the act with flood control, national defense and fertilizer being the peripherals; Question against TVA regarding utilization of dams to hold water before flood for generate power or used for preventing flood.

Presents an update on recent various developments in the U.S. and abroad. Reaction following the fall of Premier Albert Sarruat's government with instability associated with his government; Uncertianty associated with the future foreign policy of the U.S. related to Cuba; Account of the vote by twenty-nine captive mines under the supervision of the United States National Labor Board to choose their representative of collective bargaining; Citation of Knoxville, Tennessee on becoming the first city in the Valley to buy power from the Tennessee Valley Authority and distribute it over a municipally owned and operated system.

By a vote of almost eighteen to one, the city of Memphis, Tennessee, has approved a $9,000,000 bond issue to acquire facilities for the distribution of the Tennessee Valley Authority power; the city has the option either to buy the existing plant or to build one of its own. The victory stamps with success the Authority's effort to get a "major yardstick" in the valley area. But in Memphis, the victory was 32,735 to 1,868. Had a $2 poll-tax law not been in effect, the measure would have passed by 50,000 votes.