Interior Department Appropriation Bill for 1948: Hearings Before the Subcommittee of the Committee on Appropriations, House of Representatives, Eightieth Congress, First Session, Volume 19, Part 2

Front Cover
 

Other editions - View all

Common terms and phrases

Popular passages

Page 454 - Interior, who shall transmit and dispose of such power and energy in such manner as to encourage the most widespread use thereof at the lowest possible rates to consumers consistent with sound business principles, the rate schedules to become effective upon confirmation and approval by the Federal Power Commission.
Page 459 - The Secretary of the Interior is authorized, from funds to be appropriated by the Congress, to construct or acquire, by purchase or other agreement, only such transmission lines and related facilities as may be necessary in order to make the power and energy generated at said projects available in wholesale quantities for sale on fair and reasonable terms and conditions to facilities owned by the Federal Government, public bodies, cooperatives, and privately owned companies.
Page 459 - ... to become effective upon confirmation and approval by the Federal Power Commission" and further provides that "rate schedules shall be drawn having regard to the recovery (upon the basis of the application of such rate schedules to the capacity of the electric facilities of the project) of the cost of producing and transmitting such electric energy, including the amortization of the capital investment allocated to power over a reasonable period of years.
Page 63 - The addition and retirement of minor items of property shall be accounted for as follows : (1) When a minor item of property which did not previously exist is added to plant, the cost thereof shall be accounted for in the same manner as for the addition of a retirement unit, as set forth in paragraph B(l), above, if a substantial addition results, otherwise the charge shall be to the appropriate maintenance expense account.
Page 456 - Government to another agency less competent and not equipped by either training or experience to immediately accept and meet the responsibilities involved has nothing in wisdom or statesmanship to recommend it to the approval of the Congress. The transfer of the civil functions of the Corps of Engineers to the Department of the Interior envisions placing this responsibility in the Bureau of Reclamation.
Page 63 - When a retirement unit is retired from electric plant, with or without replacement, the book cost thereof shall be credited to the electric plant account in which it is included, determined In the manner set forth in paragraph D, below. If the retirement unit is of a depreciable class, the book cost of the unit retired and credited to electric plant shall be charged to the accumulated provision for depreciation applicable to such property.
Page 454 - ... as he may determine to be useful and appropriate to aid the development of markets for the disposition of surplus electric energy for which he is the marketing agent, the widespread distribution and abundant utilization of such energy for industrial, domestic, agricultural and other purposes. So far as practicable the Administrator shall consult and cooperate with the several Federal agencies, including agencies within the Department of the Interior, having an interest in the economic development...
Page 89 - USC 825s), generated or purchased in the southwestern power area, shall be covered into the Treasury of the United States as miscellaneous receipts, except that the Treasury shall set up and maintain from such receipts a continuing fund of...
Page 454 - ... make such findings, issue such recommendations and directives, order such sanctions and penalties, and take such other action as may be necessary or appropriate to achieve the purposes of the Order. The Director...
Page 63 - ... property which has been removed, sold, abandoned, destroyed, or which for any cause has been withdrawn from electric service. 35. "Public utility...

Bibliographic information