Index 



297 



Rome, Georgia, 178 



rural electric co-operatives: Bonneville 



power sales to, 236; distribution of 



sales of, 237n 

 Ruttan, Vernon, vi 



Salant, W. A., 81n 



Samuelson, Paul, 21n 



Santiara River, 202 



satisfaction maximization, 128; condi- 

 tions for, 21-22; definition of, 19; 

 and economic efficiency, 17; and 

 profit maximization, 26 



Savage, L. J., 123n 



saving line, 87 



savings (see also interest rates; pro- 

 pensity to save): aggregate supply 

 curve, derivation of, 33-35; and 

 borrowing, rates of, 93-94, Table, 

 94; -borrowing decisions, rationality 

 of, 126; "Duesenberry Effect," 43n; 

 forced, 84-85; of household sector, 

 81, 82, 85; of individuals, as source 

 of capital, 33-35, 39-40, 81, Figs., 

 34, 36, 37; and investment in the 

 United States (1955), 80-83, Table, 

 80; personal, rate of return on, 83; 

 out of present income, 87; supply 

 curve, derivation of, 35, Fig., 37; 

 total personal (1955), 81 



savings accounts, 83 



savings and loan associations, 82 



Schneider, Erich, 20n 



Scitovsky, Tibor, 18rj, 20n, 44n, 56n, 

 59n 



Seagraves, J. A., 106n 



secondary power. See under hydro- 

 electric power 



securities: least cost combination of, 

 209; tax-exempt, 209 



Selby, H. E., 60n 



Shasta Dam, 61 



short run, defined, 31 



Silberman, C. E., 114n 



Smart, William, 22n 



Smith, Adam, 17 



Smithies, Arthur, vi 



Snake River {see also Hells Canyon), 

 14, 61, 136, 156, 157n, 165; and 

 Coosa River, comparative data on 

 development of, 180-81, Table, 181; 

 indivisibility problem in develop- 

 ment of, 160, 163, 170-71, 180-81 



social costs {see also public funds, 

 social cost of), 72, 75, 200n, 206; of 

 investment, as the foregone alterna- 

 tive, 274 

 social costs and gains, 53, 154, 197 

 social criteria, 12-13, 49, 92, 163, 164 

 social efficiency, 152, 156, 161 

 social marginal productivity {see also 



private and social product), 71-73 

 social welfare, and efficiency criteria, 



76-77, 257n 

 social welfare function, defined, 129 

 South Holston Dam, 66 

 Southern Company, composition of, 



175 

 Springfield, Oregon, 202 

 stabilization policy, 72rj, 90, 114 

 state and local governments: debt is- 

 sues of, 121; sources of capital, 83 

 state regulatory commissions, 135 

 stock ownership, 83-84 

 storage {see also reservoirs): capacity, 

 time profile of, 144; compensation 

 of private developer {see headwater 

 benefits, infra); controlled surcharge, 

 177, 178, 182-83, 185, 186, 187; cycli- 

 cal storage drawdown, 158; head- 

 water benefits, compensation for, 

 153, 153n, 164-66, 171, 180, 195-96, 

 198, 269-70, 271-72; headwater stor- 

 age and downstream generating ca- 

 pacity, interdependence between, 63- 

 67, 163-66, 171, 180; and interrela- 

 tions among water derivatives, 69 

 straight line depreciation, 208n, 221 

 Strand, E. G., 106n 

 stream flow depletion, 144, 147n-148n 

 stream flow regulation, 60, 60n, 64, 69, 



74, 160, 177, 180, 270 

 Strotz, R. H., 92n 

 subsidies, public, 60, 163-64, 269 

 substitutability, 69n 

 substitution, intertemporal, 85n 

 substitution effect, lOln 

 sunk capital, 58m 



Supreme Court rulings on hydroelec- 

 tric potential, cited, 153n, 164n 

 Suranyi-Unger, Theo, 43n, 54n 

 surplus, processor's, 58 

 Survey of Consumer Finances, 97n 



Tallapoosa River, 172. 176, 178 



