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APPROVE TVA BOND PLAN WASHINGTON D C July 12 A compro ¬ mise proposal by which the Tennessee Val ¬ ley Authority may issue 61500000 in new bonds to finance pending private utility pur ¬ chases has been approved by Senate con ¬ ferees Senator Norris acting as a spokes ¬ man for the group predicted enactment of the proposal before the end of the week and the early consummation of the 78600000 contract for the Tennessee Electric Power Company properties
