Leland Olds' Reappointment to Federal Power Commission: Hearings Before a Subcommittee...on Leland Olds' Reappointment as Commissioner to the Federal Power Commission |
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Popular passages
Page 8 - Those rivers must be regarded as public navigable rivers in law which are navigable in fact. And they are navigable in fact when they are used, or are susceptible of being used, in their ordinary condition, as highways for commerce, over which trade and travel are or may be conducted in the customary modes of trade and travel on water.
Page 8 - And they constitute navigable waters of the United States within the meaning of the acts of Congress, in contradistinction from the navigable waters of the states, when they form in their ordinary condition by themselves, or by uniting with other waters, a continued highway over which commerce is or may be carried on with other states or foreign countries in the customary modes in which such commerce is conducted by water.
Page 43 - ... in the absence of actual fraud in the transaction, the judgment of the directors as to the value of the property purchased shall be conclusive...
Page 229 - SEC. 27. That nothing herein contained shall be construed as affecting or intending to affect or in any way to interfere with the laws of the respective States relating to the control, appropriation, use, or distribution of water used in irrigation or for municipal or other uses, or any vested right acquired therein.
Page 162 - That the right to alter, amend, or repeal this Act is hereby expressly reserved; but no such alteration, amendment, or repeal shall affect any license theretofore issued under the provisions of this Act, or the rights of any licensee thereunder.
Page 153 - To work out plans for the protection of power supply against hostile acts, and to this end to cooperate with the utilities and other Government agencies, including the Department of Justice, in protecting generating stations, interconnecting transmission lines, important substations and distribution facilities required to assure power supply to key industrial plants.
Page 132 - ... the lower cost form is the one to use. Questions of cost thus viewed become questions of public policy and, therefore, of interest to the economist as costs find reflection in prices. In ordinary business, such as manufacturing and merchandising, or in any other competitive field, the cost of an individual company may have no direct relation to the prices at which it can sell its product. If there are five manufacturers of a given commodity for example, competing in a given market, and each has...
Page 153 - In order that we may have an adequate supply of electric power in the areas in which it is most needed, I would like the Federal Power Commission, utilizing its existing facilities, in cooperation with the National Power Policy Committee, and the Advisory Commission to the Council of National Defense, to undertake the following: 1. To maintain contacts with the War and...
Page 152 - To maintain contacts with vital national defense industries, to keep currently informed as to their present and prospective needs, to confer with the utilities with respect to supplying such needs in the...
Page 8 - All rivers and streams which have been meandered and returned as navigable by the surveyors employed by the government of the United States...