Need a textbox that displays all lines w/o scrolling

I can put a long text string in a label, and it will automatically adjust the size to fit the text. Unfortunately, it does not recognize carriage returns. The text box does recognize the returns, but I have to tell it how many lines I want.

Is there some way of having the best of both? Can I set a property that would accomplish this. (I could not find it, if it exists). Is there some other object that would be better?

Sorry I posted this in the wrong Place. I am dealing with ASP.net 2008

vb.net Code:

Public Class Form2
 
    Private Sub Form2_Load( _
        ByVal sender As System.Object, _
        ByVal e As System.EventArgs _
    ) Handles MyBase.Load
 
        TextBox1.Multiline = True
        TextBox1.WordWrap = False
    End Sub
 
    Private Sub Button1_Click( _
        ByVal sender As System.Object, _
        ByVal e As System.EventArgs _
    ) Handles Button1.Click
 
        Dim myFont As New Font(TextBox1.Font.Name, TextBox1.Font.Size)
        Dim StringSize As New SizeF
        Dim littleAdjustment As Integer = 1
 
        StringSize = Me.CreateGraphics.MeasureString(TextBox1.Text.Substring(1, 1), myFont)
        TextBox1.Height = StringSize.Height * (TextBox1.Lines.GetUpperBound(0) + littleAdjustment)
    End Sub
 
End Class

How is this?