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REA LOAN PROGRAM

4 - JUN 1 3

Cogy 1973
HEARINGS

Lene
Uretta Stalca

COMMITTEE ON AGRICULTURE
HOUSE OF REPRESENTATIVES

BEFORE THE

NINETY-THIRD CONGRESS

FIRST SESSION

ON

H.R. 2276, H.R. 5683, and S. 394

FEBRUARY 26, 27, 28; MARCH 13, 14, 15, AND 20, 1973

Serial No. 93-F

Printed for the use of the Committee on Agricultire

U.S. GOVERNMENT PRINTING OFFICE

94-225

WASHINGTON : 1973

COMMITTEE ON AGRICULTURE

W. R. POAGE, Texas, Chairman FRANK A. STUBBLEFIELD, Kentucky, CHARLES M. TEAGUE, California, Vice Chairman

Ranking Minority Member THOMAS S. FOLEY, Washington

WILLIAM C. WAMPLER, Virginia E DE LA GARZA, Texas

GEORGE A. GOODLING, Pennsylvania JOSEPH P. VIGORITO, Pennsylvania ROBERT B. MATHIAS, California WALTER B. JONES, North Carolina WILEY MAYNE, Iowa B. F. SISK, California

JOHN M. ZWACH, Minnesota BILL ALEXANDER, Arkansas

ROBERT PRICE, Texas JOHN R. RARICK, Louisiana

KEITH G. SEBELIUS, Kansas ED JONES, Tennessee

WILMER D. MIZELL, North Carolina JOHN MELCHER, Montana

PAUL FINDLEY, Illinois DAWSON MATHIS, Georgia

LAMAR BAKER, Tennessee BOB BERGLAND, Minnesota

CHARLES THONE, Nebraska FRANK E. DENHOLM, South Dakota STEVEN D. SYMMS, Idaho SPARK M. MATSUNAGA, Hawaii

EDWARD YOUNG, South Carolina GEORGE E. BROWN, JR., California JAMES P. JOHNSON, Colorado DAVID R. BOWEN, Mississippi

EDWARD R. MADIGAN, Illinois
CHARLES ROSE, North Carolina
JERRY LITTON, Missouri
BILL GUNTER, Florida

FOWLER C. West, Staff Director
JOHN F. O'NEAL, General Counsel
HYDE H. MURRAY, Associate Counsel
JOHN RAINBOLT, Associate Counsel

L. T. EASLEY, Press Assistant

(II)

schl91/67

KF21

.Az

1973d

CONTENTS

Page

H.R. 2276, a bill to amend the Rural Electrification Act of 1936, as

amended, to reaffirm that such funds made available for each fiscal year

to carry out the programs provided for in such act be fully obligated

in said year, and for other purposes..

1

H.R. 5683, a bill to amend the Rural Electrification Act of 1936, as

amended, to establish a rural electrification and telephone revolving
fund to provide adequate funds for rural electric and telephone systems
through insured and guaranteed loans at interest rates which will allow
them to achieve the objectives of the act, and for other purposes.-

249

S. 394, an act to amend the Rural Electrification Act of 1936, as amended,

to reaffirm that such funds made available for each fiscal year to carry

out the program provided for in such act be fully obligated in such

year, and for other purposes---

2

Statement of :

Abdnor, Hon. James, a Representative in Congress from the State

of South Dakota---

118

Adams, Hon. Brock, a Representative in Congress from the State of

Washington

119

Alexander, Hon. Bill, a Representative in Congress from the State

of Arkansas--

120

Andrews, Hon. Mark, a Representative in Congress from the State
of North Dakota----

110
Barton, Weldon V., assistant director of legislative services, Na-
tional Farmers Union---

94

Bevill, Hon. Tom, a Representative in Congress from the State of

Alabama

121

Bonner, Mark, president and general manager, Association of Louisi-

ana Electric Cooperatives and president, REA Statewide Man-

agers Association---

37

Campbell, J. Phil, Under Secretary of Agriculture-

55, 199

Carpenter, L. C. “Cleil,” vice president, Midcontinent Farmers Asso-

ciation, Columbia, Mo--

218

Chappell, Hon. Bill, a Representative in Congress from the State of

Florida

121

Culver, Hon. John C., a Representative in Congress from the State

of Iowa.-

122

Daniel, Hon. Dan, a Representative in Congress from the State of

Virginia

124

Dell, Richard A., director, Legislation and Communications Depart-

ment, National Rural Electric Cooperative Association---

8

Denholm, Hon. Frank E., a Representative in Congress from the

State of South Dakota.-
Dickinson, Hon. William L., a Representative in Congress from the
State of Alabama.---

123

Ernst, Lloyd, assistant manager, Basin Electric Cooperative, Bis-

marck, N. Dak.

171

Frazier, Charles L., director, Washington staff, National Farmers
Organization

42

Fullarton, David C., executive vice president, National Telephone

Cooperative Association...

14, 169

Fuqua, Hon. Don, a Representative in Congress from the State of
Florida

124

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