Introduction 135 



and public utility districts — to private development by regulated 

 monopolies under an FPC license. Nonetheless, even under private 

 development, an efficiency goal of the Act requires: 



Section 10 [as amended August 26, 1935]. All licenses issued 

 under this Part shall oe on the following conditions: 



(a) That the project adopted, including the maps, plans and 

 specifications, shall be such as in the judgment of the Commis- 

 sion will be best adapted to a comprehensive plan for improving 

 or developing a waterway or waterways for the use or benefit of 

 interstate or foreign commerce, for the improvement and utiliza- 

 tion of water power development, and for other beneficial public 

 uses, including recreational purposes; and if necessary in order 

 to secure such plan, the Commission shall have authority to re- 

 quire the modification of any project and of the plans and specifi- 

 cations of the project works before approval. 



With this background on the agency for public intervention 

 (aside from state regulatory commissions) and some of its responsi- 

 bilities and authority as a backdrop, we are in a position to address 

 one of the main questions to which this study is pointed: What is 

 the comparative efficiency of alternative ways of developing multi- 

 ple purpose river basin sites? 



