the “Jubilee” was but a stroke of propaganda on behalf of General Electric and its National Electric Light Association (NELA), which was the secret means of GE’s stranglehold on America’s electric power. From 1919 until 1934, NELA carried out the largest peacetime propaganda drive in U.S. history, intended to discourage public ownership of the utilities. That private capital should wield complete control over the nation’s power supply was a notion evidently not to be debated.
