Rural Electric and Rural Telephone Supplemental Financing: Hearings, Ninetieth Congress, First Session ...U.S. Government Printing Office, 1967 - 666 pages |
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Page 28
... chairman , I shall ask Mr. Clapp to make a further statement concerning the details of the bill . We shall of course welcome the opportunity to respond to any questions your committee may have . I thank you , again , Mr. Chairman . The ...
... chairman , I shall ask Mr. Clapp to make a further statement concerning the details of the bill . We shall of course welcome the opportunity to respond to any questions your committee may have . I thank you , again , Mr. Chairman . The ...
Page 33
... CHAIRMAN . I would like to continue with my statement , please . The power companies , private power companies , who will be heard tomorrow will have the same amount of time - they will be given ex- actly the same amount of time that ...
... CHAIRMAN . I would like to continue with my statement , please . The power companies , private power companies , who will be heard tomorrow will have the same amount of time - they will be given ex- actly the same amount of time that ...
Page 34
... CHAIRMAN . Yes , you may . Mr. ABERNETHY . I do this in all respect , Mr. Chairman . I do not care to cross - examine any witness . I merely want to ask a question so as to be informed about this . After all , I do not know everything ...
... CHAIRMAN . Yes , you may . Mr. ABERNETHY . I do this in all respect , Mr. Chairman . I do not care to cross - examine any witness . I merely want to ask a question so as to be informed about this . After all , I do not know everything ...
Page 51
... CHAIRMAN . Without objection , it will be made a part of the record following the incorporation of your prepared statement or presentation . Mr. ELLIS . And I submit my prepared statement for the record . The CHAIRMAN . Without ...
... CHAIRMAN . Without objection , it will be made a part of the record following the incorporation of your prepared statement or presentation . Mr. ELLIS . And I submit my prepared statement for the record . The CHAIRMAN . Without ...
Page 56
... Chairman , that concludes my statement and I would like to call upon Mr. Anderson to discuss the provisions of the bills before the Committee . Thank you . Mr. ELLIS . I would like to present three of our people to continue with their ...
... Chairman , that concludes my statement and I would like to call upon Mr. Anderson to discuss the provisions of the bills before the Committee . Thank you . Mr. ELLIS . I would like to present three of our people to continue with their ...
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Autres éditions - Tout afficher
Rural Electric and Rural Telephone Supplemental Financing: Hearings ... United States. Congress. House. Committee on Agriculture Affichage du livre entier - 1967 |
Expressions et termes fréquents
89th Congress additional adequate Agriculture Alabama G Alabama Power Company amount annual average believe bill Board of Directors Chairman Committee Congress Congressional construction consumers continue cost County REMC customers distribution cooperatives elec Electric Cooperative Association Electric Credit System Electric Membership Corporation electric power electric service electric utilities existing expansion farm Federal Electric Bank future growth capital Illinois increase Indiana industry insured loan program interest rate investment investor-owned utilities Iowa kilowatt kilowatt-hours legislation loan funds MANAGER meet mile of line million NRECA operating percent plant Poage Power Cooperative power supply present President proposed purpose REA borrowers REA loan revenue rural America rural areas rural electric cooperatives Rural Electric Credit rural electric systems Rural Electrification Act Rural Electrification Administration rural electrification program serve service area statement subsidy supplemental financing suppliers telephone bank tion tives transmission facilities Treasury Whereas wholesale power
Fréquemment cités
Page 212 - ... utility districts and cooperative, nonprofit, or limited-dividend associations organized under the laws of any State or Territory of the United 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 11 - 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 7 - 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 15 - 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 28 - Mr. Chairman and members of the committee, I deeply appreciate this opportunity to...
Page 14 - ... is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of such notes and obligations.
Page 7 - Secretary issued hereunder, and for that purpose the Secretary of the Treasury is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which such securities may be issued under such Act, as amended, are extended to include the purchase of notes issued by the Secretary.
Page 15 - No loan shall be made in any State which now has or may hereafter have a State regulatory body having authority to regulate telephone service and to require certificates of convenience and necessity to the applicant unless such certificate from such agency is first obtained.
Page 18 - Government; and (5) shall cause to be maintained an integral set of accounts which shall be audited by the General Accounting Office in accordance with principles and procedures applicable to commercial corporate transactions as provided by the Government Corporation Control Act, as amended (31 USC 841 et seq.).
Page 2 - Act. which shall be paid into and be assets of the rural electrification account ; "(4) all appropriations for electrification loans made under the authority of section 3 of this Act and funds obtained in accordance therewith and the unexpended balances of any funds available on the effective date of this title for electrification loans under sections 4 and 5 of this Act, including any funds made available for electrification loans under the item 'Rural Electrification Administration...