MINERAL ORES AND WATER POWER 



the benefits to be won by more jobs and new products 

 through combining cheap power with the natural re- 

 sources of the region appear to be the direct way of 

 achieving practical results from the power, the flood 

 control, the navigation comparable with the staggering 

 total of our TVA investment. 



Hydro-electric power in close association with min- 

 eral ores is one of the South's most potential sources of 

 wealth. Whether this rare, valuable combination is to 

 be capitalized by the Government or by private in- 

 dustry is a question fraught with vital consequences to 

 the people of the South. The TVA has not given us a 

 clear-cut answer. In fact, it has hidden the costs and 

 befogged the economic issues. And yet, if viewed from 

 all sides, the development of this interrelated group of 

 Southern resources, efficiently or badly, is the most 

 crucial article on the agenda of the South's plans for 

 industrialization. 



231 



