A seven-page address sent by James H. Hammond, Chairman of the South Carolina Public Service Authority, to members of the South Carolina General Assembly concerning legislation to permit the acquisition of properties belonging to the South Carolina Electric and Gas Company by the Authority. The Chairman addresses a number of commonly voiced objections to the acquisition, including competition with private entities, the creation of a monopoly, the sales price of the acquisition, harm to the war effort, and the overall benefit to the people of South Carolina. The Chairman concludes by urging the members of the General Assembly to vote in favor of its passage.
A brief letter from Senator Maybank informing Richard M. Jefferies that the Gas and Electric Company has been made a holding company but purchases must be confirmed by the Securities Exchange Commission.