ROOSEVELT VETOES UTILITY VALUATION; The Knight Commission Bill "Perpetuates the Present Muddle," He Says. MINORITY PLAN PRAISED "Would Have Provided Natural Transition" to a Cost Basis, Executive States. Sponsor Voted Against Bill. ROOSEVELT VETOES UTILITY VALUATION Favors Minority Plan. "Fair Value" Matter of Doubt. Profits Enormous, He Says. Attacks "Perpetuating" Evils.
By Special to The New York Times
Ed, Roosevelt on regulation
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