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<br />OU~2(')~ <br />v '~l.J <br /> <br />also conceivably be avoided by a federal-interstate compact among river basin <br /> <br />,. <br /> <br />states that would permit the compact commission to establish, or "spin-off," <br /> <br />.' <br /> <br />federally-chartered corporations for specific water management purposes. <br /> <br />If an interstate compact is a necessary prerequisite to forming a <br /> <br />federally-chartered, state-controlled corpora lion for river management, the <br /> <br /> <br />question logically follows: is the corporation really necessary if, as stated by <br /> <br />the National Water Commission, the federal-interstate compact " <br /> <br />is the <br /> <br />optimum organization device for waterway management" (National Water <br /> <br />Commission, 1973, p. 431). The question is a good one, for if the federal- <br /> <br />interstate compact can accomplish all needed tasks in multi-state river basin <br /> <br />management, wouldn't a federally-chartered corporation be redundant? The <br /> <br />"'$i <br /> <br />answer might be yes, if the corporation were to perform some or all functions <br /> <br />of the compact commission. However, the National Water Commission <br /> <br />concluded the corporation could be a useful adjunct to the multi-state river <br /> <br />basin compact commission, " <br /> <br />to perform discrete operational tasks within <br /> <br />their delegated powers where the (compact) commission believes they could be <br /> <br />more efficiently undertaken by a separate corporate entity" (National Water <br /> <br />Commission, 1973, p. 431). <br /> <br />" <br /> <br />-29- <br />