204 MULTIPLE PURPOSE RIVER DEVELOPMENT 



Annual benefits from the reservoir storage, the power instal- 

 lations, and other local appurtenances have been estimated at 

 approximately $27 million initially. Table 37 shows the functional 

 distribution of these benefits. 



Of the total estimated benefits, only those associated with power, 

 irrigation, and domestic water supplies are susceptible of appro- 

 priation by pricing mechanics; hence, only about a quarter of the 

 benefits can be expected to reimburse the developer's costs. The 

 vast bulk of the project services will fall into the nonmarketable 



TABLE 37. Estimated Annual Benefits, Willamette Sub-Basin Plan 



Estimated annual benefits 

 Feature (1948 dollars) 



Flood control 11,881,400 



Drainage 6,354,300 



Navigation 813,500 



Power " 4,922,800 



Irrigation 1 ,665,000 



Recreation 361 ,400 



Pollution abatement 701,800 



Domestic water supply 307,800 



Total 27,008,000 



Source: House Document 531, op. cit., Vol. I, p. 248. 



* Of which $114,800 accrues to installations downstream. 



category and, as such, will fall outside the capability of develop- 

 ment by any enterprise unit which does not have access to public 

 funds. 



It is probably for this reason that recently proposed alternatives 

 to exclusive federal development took the form of suggestions that 

 the federal government provide the nonmarketable project services, 

 and nonfederal interests be licensed to finance reimbursable features 

 of the projects. Although none of the bills looking toward such 

 an arrangement was enacted into law, the provisions of these bills 

 help to isolate the issues involved and to clarify the implications 

 for the twin considerations of efficiency and equity. 



Two bills introduced in the Eighty-third Congress would have 

 affected the manner in which three of the twenty structures listed 



