REA Legislation: Hearings Before ..., 89-2 on H.R. 14000, H.R. 14048, H.R. 14837, and H.R. 15162, May 31 ... July 13, 19661966 - 808 pages |
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Page 81
... power must either be generated or purchased from another power supplier and ... companies in their own activities . When the REA Act was passed in 1935 ... power com- panies have requested time before the committee to oppose this financ ...
... power must either be generated or purchased from another power supplier and ... companies in their own activities . When the REA Act was passed in 1935 ... power com- panies have requested time before the committee to oppose this financ ...
Page 82
... power companies at a total cost of over $ 121 million . So the job of the rural electric cooperatives is no more finished , now that over 98 percent of the Nation's clients are connected to electric lines , than the job of the investor ...
... power companies at a total cost of over $ 121 million . So the job of the rural electric cooperatives is no more finished , now that over 98 percent of the Nation's clients are connected to electric lines , than the job of the investor ...
Page 88
... power company officials maintain this legislation would have a drastic and adverse influence on their companies , the electric industry generally , and the National economy . We had expected power company opposition but we had not ...
... power company officials maintain this legislation would have a drastic and adverse influence on their companies , the electric industry generally , and the National economy . We had expected power company opposition but we had not ...
Page 97
... electric cooperatives in the state of Ohio , working in close cooperation with the Ohio Power Company and the other investor owned electric utility companies in the state of Ohio who will wheel and transmit the power , to construct and ...
... electric cooperatives in the state of Ohio , working in close cooperation with the Ohio Power Company and the other investor owned electric utility companies in the state of Ohio who will wheel and transmit the power , to construct and ...
Page 114
... companies already have organized what the press has described as a " March ... power at wholesale to their electric cooperative customers while at the same ... power companies are lined up solidly in opposition . These are the same ...
... companies already have organized what the press has described as a " March ... power at wholesale to their electric cooperative customers while at the same ... power companies are lined up solidly in opposition . These are the same ...
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Autres éditions - Tout afficher
REA Legislation: Hearings, Eighty-ninth Congress, Second Session United States. Congress. House. Committee on Agriculture Affichage du livre entier - 1966 |
Expressions et termes fréquents
2-percent 89th Congress Alabama amendment amount annual authority Bank for Rural bill BOULDIN CALLAN capital Chairman CLAPP class A stock co-ops Congress Congressional consumers CORETTE cost customers Dakota debentures elec electric power electric service electric utility Farm Credit Federal Bank Federal Electric Bank Federal Telephone Bank fiscal GIBSON Government hearing industry interest rate intermediate loans investment investor-owned utilities kilowatt kilowatt-hour legislation lines loan funds loan program Loeb & Co ment million Montana Power Montana Power Company NRECA operation percent plant POAGE power companies present President proposed purposes question REA borrowers REA loans REA telephone borrowers REA's requirements rural areas rural electric cooperatives rural electric systems Rural Electrification Act Rural Electrification Administration rural electrification program rural telephone Secretary FREEMAN serve South Dakota STALBAUM statement subsidy sumers supplemental financing suppliers taxpayers telephone program tion transmission facilities Treasury United
Fréquemment cités
Page 639 - Farmers', fruit growers', or like associations organized and operated on a cooperative basis (a) for the purpose of marketing the products of members or other producers, and turning back to them the proceeds of sales, less the necessary marketing expenses, on the basis of either the quantity or the value of the products furnished by them, or...
Page 23 - States, and such guaranty shall be expressed on the face thereof, and such bonds shall be lawful investments, and may be accepted as security for all fiduciary, trust, and public funds, the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 29 - States in collecting debts from bankrupt, insolvent, or decedents' estates; to determine the character of and the necessity for its obligations and expenditures, and the manner in which they shall be incurred, allowed, and paid...
Page 639 - Farmers' or other mutual hail, cyclone, or fire insurance companies, mutual ditch or irrigation companies, mutual or co-operative telephone companies, or like organizations of a purely local character, the income of which consists solely of assessments, dues, and fees collected from members for the sole purpose of meeting its expenses.
Page 101 - MANAGER, NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION Mr. Chairman and gentlemen of the committee, my name is Clyde T. Ellis.
Page 53 - ... or more of the income consists of amounts collected from members for the sole purpose of making such payments and meeting expenses: (17) Teachers' retirement fund associations of a purely local character.
Page 709 - States, for the purpose of financing the construction and operation of generating plants, electric transmission and distribution lines or systems for the furnishing of electric energy to persons in rural areas who are not receiving central station service...
Page 13 - Interest on loans made under this section shall be at a rate not less than (i) a rate determined by the Secretary of the Treasury taking into consideration the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average maturities of such loans adjusted to the nearest one-eighth of 1 per centum, plus (ii) an allowance adequate in the judgment of the Secretary of Transportation to cover administrative costs and...
Page 180 - Alabama Power Company, Georgia Power Company, Gulf Power Company and Mississippi Power Company. Together these four operating companies are informally referred to as the "Southern electric system...
Page 639 - Benevolent life insurance associations of a purely local character, mutual ditch or irrigation' companies, mutual or cooperative telephone companies, or like organizations; but only if 85 per centum or more of the income consists of amounts collected from members for the sole purpose of meeting losses and expenses; (11) Farmers...