Rate Slapdown.

The article focuses on Arkansas Power and Light Co. (AP&L), which has been turned down by the Public Service Commission (PSC) due to the increase in the electricity rate. It states that the decision of PSC to run down the AP&L was the result of the comment of Governor Orval Faubus. Meanwhile, it mentions that president R. E. Ritchie of AP&L says that the company has postponed the construction of its office building in Little Rock, Arkansas due to the uncertainty in the electricity rate.