President Roosevelt signed the Rural Electrification Act of 1936 into law, providing official status to the REA as a lending agency for electric cooperatives and authorizing $410 million for a 10-year program to “light up the countryside.”
President Roosevelt signed the Rural Electrification Act of 1936 into law, providing official status to the REA as a lending agency for electric cooperatives and authorizing $410 million for a 10-year program to “light up the countryside.”