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<br />following language, taken from a 1956 report of <br />the Committee on Government Operations, further <br />supports the Federal power policy of fostering <br />yardstick competition through sales to preference <br />util ities: <br /> <br />This Federal power policy, established by <br />Congress in legislation passed in almost <br />every instance after protracted committee <br />hearings and sharp debate on the floor of <br />both Houses. was based throughout on two <br />fundamental principles: (a) maximum <br />development of the Nation's waterpower <br />resou rces,. cons i stent with use of the streams <br />for other purposes; and (b) preference to <br />pUblic and cooperative electric systems, <br />operated to serve their citizens or members <br />rather than for profit, to prevent <br />monopolization of the power produced through <br />public investment in development of the <br />people's water resources. <br /> <br />House Report No. 2279, 84th Cong., 2d Sess. <br />13 (1956). <br /> <br />Also persuasive is the following yardstick <br />competition endorsement by the Senate Committee on <br />Environment and Public Works: <br /> <br />38 <br />