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<br />.
<br />
<br />hy Ihr plIhlie. Insteallllf distrihlltin~ Ilw pl'",e,. its,'H. the g,wnnmenl
<br />lias authorized IOI;al government alld Ni,.ate non-prllfil agenei,,, tn e1i,-
<br />Irihllle the power in its qearl. O,,.:c it i, "cccptcd lhal .)wnership of th.~
<br />electrkal power belongs 10 the general p"hli,:, it nallllally fnllllw, thai
<br />Ihe Federal governmcllI is ohligalf'(lto ,.WIlI di.Qlihllti"11 "f the powc,.
<br />hy olher govcrmnt'n! ag.encies and Illlfl..prnfil i1~~L)(i;llillll~ 1)\ n sale of
<br />the power 10 pri\'.Ht~ rnrporalions for rl'~ak' Id Ih,~il ':lhIOllh?r~>.
<br />
<br />B.
<br />Power Generated al .-ederal Hydrneleelri<" I'ucililit., Shlluld b,'
<br />J)istribuled in Sueb a Manner as lu I'rumule Puhli.. I'urpuscs.
<br />
<br />The -.;1[-IlllleS of Ihe lJnill'ct SI:lIt'.:, art rL'pkll' \\illi e\<lmpk.~ llf !'Idtlliug
<br />Spel.:i;ll a~si:'''alk'L' 10 PlIhlic clllilic-,",. -\lllhHlgh ;t1l1ld.'\ll.'\l'l)' "'Iallll~.' has
<br />ils CI iric."; Whl) bdic\'c Ihat il ..,hollld bl..' rILt'\'n ill .I difl ~I\.:1l1 L.f..'Ihi, )11, if i..;
<br />heyonJ qlle~ljl)n Ihallhc l'lllJgr('s~, h.l~ lill. .lIl1hllnl~ ;1I1d iUdn?d lhl' Ilh-
<br />JigaljnJ} 10 cnn..,jd~f .'JIJl:h pnlh:Y l)fHil}lI.;.; illld III it.:1 lillllWIH \..lh'II' Ihl'Y
<br />fllrlh~r desirahle pllhlii.." rllrpLl";I.'~'. TilL l'hllll':Sk,td :\~h illut I IlL'
<br />~f'c1al1li1tilln Acl r~slri...:t Ihe ~lInOllll( 1)1" ,Ill\' IIh.Ii\'idllal",lalld ,""Ih.'r.,hil'
<br />lu Ifill ih.:re." ,,0 a:-i 10 lIlal\.~ (CrLaill 111.11 11\1.: hl.'llcril~, of pllhli~ lilnd;., ah'
<br />gj\JI:n 10 a~ hroad iI ~l,,:ml'lll l)f lilt' .~I'lll'rid Pliblh' .h pll,,".ihk.~" rill:
<br />Fw:dcral gn\'I.:rlllllcl\l itl:-'l) pa~J:, 7~i)'1I ..j" ill:' l:il~.h iii pllhli,I~-'H' Ilul Willl.'1
<br />pnllllliun I..'onll"ol 1'i.h.:i1l1il!.... \\'hil.'h ..1"1.' hllill III ;\"11'11.'\(: ".-,mplian.:..' \..illl
<br />Ih:.: FcJeral Walel PI.ll!lItillll COil! fl.'d :\\, I." hili priH.ldL~:-' Iii I fllIlJ., fllf
<br />plant"i whkh nlU"l1 hl~ .:on....lnli.:lt:d h\ pri...lle prnfil-lll;I~.ill!! '11lli(Mllil''''
<br />(0 meet lhe "Jaml' slandard,.... hi t;',Il..:h l.:<l:-l.', I Ill' COllgrL':-" ha... .kll'nllined
<br />that it i:-; in the puhlil' inICI\:.\tlo plll\'idc }1(lll.'l'jt., fill" Ilk' ~L"lll'I;t1 Pllhli.:
<br />hy pro\'j<..!ing assisuuk'c 10 gll\'l.'''J)llIt.'UJ-(l\~'Jh.'d Inf, ill 'ht.:. l.'jJ."I.' III l.k\:lrll..
<br />utilities. cnoper;]t i\'e1~ -LlWnl'l1) fal'ilil il':,. T dill,' 1..'\1~111 I hill 1111.' ( '1l1lPI l').'"
<br />rcr,~eivl~.... thaI puhliL pHrp(I"('~ l'all ht: ...,\.'j"\l~J h~ gralllll1!! I'n,:f,:rl'lll'l.' 10
<br />go\'crnlllent or ~(lllperati\,(' facilili,?'., il I' lIhlifll:..llIll'nal.'lill!!: alld ~lJp-
<br />pOrling th~ PrCrl.'rl~n\:~ ('Iall'l',
<br />Till.' grant or a prt.'l'l:'rl..'lll'l.' ill 111.' ,Ii',frlhlllioll df J1l1hli~: PO\\'I:I" pl\l\'idl'~
<br />a real henefit III ils rl'L'lpil:'III':. h~dl'l;d p(~\'l;1 i... g('IJ...:r:t1I). Illillc ~~I:(lI\l)llli-
<br />t:allh:lIl mha .~lllln:('s of l'kdril:;l! IHl\'...:r. IDIIlL' 1..'\1...'111 1I1ill I Ill' ...ak III
<br />Ill\\' ..:O~l powc-r (Ollt'eh a ht'oefil dB lilt: utllll\ \dl!..h di'-lllhlill..':-' IIH':
<br />power, Iht.' P)"CI"CIClll'C Cbuse l..'Il,"'lIrl~-; Il1al 1111" hl'IlI'lil.~ arL' IL'ali/L'd hy
<br />the general puhlil..' ralhel" Ihalllhe .'lll~~hj)ldl'r~ Ilf.1 pri\ ~lll' (tlrpdralii1lL
<br />This is not (0 say ctli1{ che Federi" !!(l\'ClIlIllCHf h;l.~ iPljllfl'd ,Ill. lIill~rl'.'h
<br />of privale ~ompalli('s. A large I1llmh..!" llf pn\.tll: (OIPLlI;tlilllh h,t\"L'
<br />ohtaineLlliccllses for hydrodl'dric 1"al:ili'il....., allll 1.1.\ .:rl.'dih, ih:l'I..'kr;lll.'d
<br />deprecialion and I hI..' like al..;o ~Iglliril,:allily 1l11prl)\l' 111l' I'thiIl11Ilt\j" pri.
<br />vate 1I1ilitics, AddililHlally. pri\':.\Il.' I,,:llrpl.llalillll.... Incllldill~ l'kl.'ll it.: 1I1 111-
<br />lies, have pun.::ha~cd L"Xl.'I..'~~ FL'dr~r;j1 fH\I.',L'I" .I 1"1 l'I' lillo' Ileed... dl Ilw puhlic
<br />and non-profit lItilities han:- hl..'l..'n Illel. l-i\l\\l.'\I..'r. \\1111 rq~..t11.1 10 the
<br />economic benefits tn he obwint.:'d from pllhlidy gl'llL'rall'J PU\\i.:'f. Ihe
<br />Congress has quil~ rightl)' detcrmilled Ihal tllmc h"II<'1il.S ,t""lid he dis-
<br />trihuled on a priorit)' hasi, 10 111(. gen~ral puhlic-.
<br />The sale of Federal power tl.) prl'f('fl.'IICL' 1..U....IOlllCI"..;. \\ IlIdl ;HI~ prt.'.
<br />venlcu by their munil'lpal ~harrt?r~. 0,. Ii:I "II..' (ij";\..' llf pr;\'.tlt..' l.'oopcra.
<br />
<br />.
<br />
<br />".\d ,lr Pl.. 1<1.\ ~II. I~h~. I~ SI;d. ~I).{.
<br />.p I '.~.C. 2t~; .-\~'l 01 \I,\f.'1I 'I. I')~O,
<br />(1-1 "i1.\I .N. -Ll t ~ S C .p.';.1.
<br />
<br />'\':1 ,'fl.I~.I"I,~.1 P,;. I";~. Xf) '-d.ll.
<br />
<br />I'i ll, '.ll.i.S,C. I~KI.
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