Thomas Buchanan Nomination to the Federal Power Commission: Hearings Before a Subcommittee of the Committee on Interstate and Foreign Commerce, United States Senate, Eightieth Congress, Second Session, on the Nomination of Thomas Chalmers Buchanan, of Pennsylvania, to be a Member of the Federal Power Commission for the Remainder of the Term Expiring June 22, 1952U.S. Government Printing Office, 1948 - 330 pages |
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annum appear appointed basis Beaver Beaver County believe bill budget bureau of accounts bureau of engineering CAMERON commis Commissioner Buchanan Commissioner Livingston CONGRESS THE LIBRARY consumers County decision Democratic dismissed dissenting DUNLAP employees fact Federal Power Commission File Governor Harrisburg hearing interest Interstate and Foreign investigation LIBRARY OF CONGRESS Livingston and unanimously LOGAN matter MCINTOSH MILLAR Miss ALPERN mission MITCHELL motion of Commissioner Natural Gas nomination opinion pay roll Pennsylvania commission Pennsylvania Electric Association Pennsylvania Public Utility personnel Philadelphia Pittsburgh political position public service commission public utility commission question recall record reduction Republican salary seconded by Commissioner secretary directed attention Senator CAPEHART Senator HAWKES Senator MARTIN Senator MCMAHON Senator MYERS Senator TOBEY SIGGINS STAHLNECKER statement superior court Supreme Court talking testify testimony thing tion unanimously carried United States Senate vote WALLACE H West Penn Power witness
Popular passages
Page 322 - From the investor or company point of view it is important that there be enough revenue not only for operating expenses but also for the capital costs of the business. These include service on the debt and dividends on the stock.
Page 139 - Court said that the company is entitled to "a fair return on the fair value of the property", it made all regulation impossible.
Page 322 - By that standard the return to the equity owner should be commensurate with returns on investments in other enterprises having corresponding risks. The return, moreover, should be sufficient to assure confidence in the financial integrity of the enterprise, so as to maintain its credit and to attract capital.
Page 146 - No public utility shall begin the construction, installation or operation of any new plant, equipment, property, or facility, nor the construction or installation of any extension, improvement, or addition to its existing plant, equipment, property, apparatus, or facilities unless and until it shall have complied with any applicable general or special order of the commission.
Page 34 - You have heard the motion. All those in favor say "Aye;
Page 50 - ... 4. There is no safe substitute in the procedure of the tribunal for full hearing and argument of the issues, when they are in controversy, although the hearing need not always be oral. This takes time, but it is time well spent.
Page 29 - All in favor signify by saying aye. Those opposed, no.
Page 322 - it is the result reached not the method employed which is controlling"; "the fact that the method employed to reach that result may contain infirmities is not then important" and it is not "important to this case to determine the various permissible ways in which any rate base on which the return is computed might be arrived at.
Page 319 - Whether or not the earnings may reasonably be expected to meet the interest and dividend requirements of the new securities is a sine qua non to a determination of the integrity and practicability of the new capital structure.
Page 4 - Atkins, will you give your name and the capacity in which you appear? Mr.