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HEARINGS

BEFORE A

SUBCOMMITTEE OF THE
S. Congress. Senate.COMMITTEE ON

AGRICULTURE AND FORESTRY, Sukabumi
UNITED STATES SENATE on Agricultural

Credit and Rur
Electrifications

EIGHTY-NINTH CONGRESS

SECOND SESSION

ON

S. 3337, S. 3720,
And a Draft Bill Proposed by the Department of Agriculture

BILLS TO AMEND THE RURAL ELECTRIFICATION ACT OF
1936, AS AMENDED, TO PROVIDE ADDITIONAL SOURCES
OF FINANCING FOR THE RURAL ELECTRIFICATION
AND RURAL TELEPHONE PROGRAMS, AND FOR OTHER

PURPOSES

AUGUST 15, 16, 17, 18, AND 19, 1966

Printed for the use of the Committee on Agriculture and Forestry

U.S. GOVERNMENT PRINTING OFFICE

70-671

WASHINGTON : 1966

1

COMMITTEE ON AGRICULTURE AND FORESTRY

ALLEN J. ELLENDER, Louisiana, Chairman SPESSARD L. HOLLAND, Florida

GEORGE D. AIKEN, Vermont JAMES 0. EASTLAND, Mississippi

MILTON R. YOUNG, North Dakota
HERMAN E. TALMADGE, Georgia

JOHN SHERMAN COOPER, Kentucky
B. EVERETT JORDAN, North Carolina J. CALEB BOGGS, Delaware
GEORGE MCGOVERN, South Dakota JACK MILLER, Iowa
ROSS BASS, Tennessee
JOSEPH M. MONTOYA, New Mexico
WALTER F. MONDALE, Minnesota
DONALD RUSSELL, South Carolina

COTYS M. MOUSER, Chief Clerk

SUBCOMMITTEE ON AGRICULTURAL CREDIT AND RURAL ELECTRIFICATION

HERMAN E. TALMADGE, Georgia, Chairman
SPESSARD L. HOLLAND, Florida

JOHN SHERMAN COOPER, Kentucky
GEORGE MCGOVERN, South Dakota GEORGE D. AIKEN, Vermont
ROSS BASS, Tennessee

JACK MILLER, Iowa

II

1

Page

457

479

323

Statement of:

Anderson, Jerry L., assistant general manager, National Rural

Electric Cooperative Association.--

Asheim, Robert G., administrative vice president, Black Hills Power

& Light Co., Rapid City, S. Dak..

Bass, Hon. Ross, a U.S. Senator from the State of Tennessee.

Bannard, William N., chairman, Public Utility Securities Committee,

Investment Bankers Association of America, New York, N.Y..

Bernoski, Walt, secretary, Iowa Utility Workers Conference, and

president, IBÉW Local Union 880, Sioux City, Iowa..

Bicknell, A. o., general manager, Trico Electric Cooperative, Tucson,

Ariz..

Blanchar, Carroll H., president, Public Service Co. of Indiana,

Plainfield, Ind.

Borneman, Alfred E., vice president and director, Kidder, Peabody

& Co., New York, N.Y.

Bouldin, Walter, president, Alabama Power Co., Birmingham, Ala-

Branch, Harllee, Jr., president, Southern Co., Atlanta, Ga.;

senting the Edison Electric Institute..

Broussard, D. L., financial vice president, Utah Power & Light Co.,

Salt Lake City, Utah...

Brown, J. C., Jr., executive manager, Tarheel Electric Membership

Association, Raleigh, N.C..

Brown, Moylan E., regional manager, National LP-Gas Association -
Campbell, Birum G., vice president, Consumers Power Co., Jackson,

Mich.

Campbell, Howard V., Acting Assistant General Counsel for Rural

Development and Conservation, U.S. Department of Agriculture.-

Cannon, Daniel W., policy executive, Industrial Environment Depart-

ment, National Association of Manufacturers, New York, N.Y---

Carpenter, L. C., vice president, Midcontinent Farmers Association,

Columbia, Mo.
Christenson, B. Maynard, president, National Telephone Cooperative

Association, Volin, S. Dak.
Clapp, Norman M., Administrator, Rural Electrification Administra-

tion, U.S. Department of Agriculture
Clapp, William J., president, Florida Power Corp., St Petersburg,

Fla., and president, Edison Electric Institute.--

Clark, Hon. Joseph S., a U.S. Senator from the State of Pennsylvania -

Cobb, J. R., general manager, Texas Electric Cooperatives, Austin,

Tex..

Cook, Donald C., president, American Electric Power Co., New

York, N.Y.

Cooper, Hon. John Sherman, a U.S. Senator from the State of

Kentucky

Dalton, H. A., general manager, Brazos Electric Power Cooperative,

Waco, Tex?

Davenport, John B., Jr., general manager, Missouri Electric Coopera-

195

384

427

184

236

453

tives, Jefferson City, Mo..

Dechant, Tony T., president, National Farmers Union..

Douglas, Hon. Paul H., a U.Ś. Senator from the State of Illinois ..

Dudley, J. T., manager, Singing River Eelectric Power Association and

South Mississippi Electric Power Association, Lucedale, Miss

Duncan, W. A., president, Kentucky Utilities Co., Lexington, Ky--

494

398

109

495

497

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