Index 



299 



United States v. Appalachian Power 

 Company, I64n 



United States v. Chandler - Dunbar 

 Company, 153n, 164n 



United States v. Twin City Power 

 Company, 153n, 164n 



United States Army Corps of Engineers 

 (see also under Alabama-Coosa river 

 system), vi, 169; Coosa River, devel- 

 opment plan for, 172-75; Willamette 

 River, development plan for, 202- 

 204, 206, Table, 201 



United States Congress, 89n, 93, 134?i, 

 172, 175,204 



United States Department of Com- 

 merce, 81, 99, 104, 115 



United States government (see also 

 federal development; federal funds): 

 investment in construction (1955), 

 82; and ownership of hydroelectric 

 potential, 153n, 164, 164/z, 165; par- 

 ticipation in water resource develop- 

 ment, forms of, 134; policies, on 

 credit availability, 73n; tax policy, 

 alternative explanations of, 213-14 



United States House of Representa- 

 tives, Committee on Rivers and 

 Harbors, 173 



upper-income families: asset-debt po- 

 sition, 104; income from assets, dis- 

 tribution of, 105-106, Table, 105; 

 property income, 104, 107-109, 

 Tables, 105, 108; and proportion- 

 ate income tax reduction, 102-10 



utility enterprises. See private utili- 

 ties 



utility function, 43, 43n, 128 



utility maximization. See satisfaction 

 maximization 



utility theory (see also satisfaction 

 maximization): consumer budgets, 

 21-23; consumer preferences, 18, 19- 

 23, 24-25, 32; diminishing marginal 

 satisfaction, 18; group wants, satis- 

 faction of, 42-43, 54; and interde- 

 pendence of utility functions, 43, 

 43n; marginal rate of substitution, 

 19, 21-22, 27, 31, 32, 41; and wage 

 rates, 24-25 



venture capital, 48, 189, 245, 256 

 Veterans Administration, 94 



wage rate and work allocation, 24-25 



wages and salaries: distribution within 

 major industry divisions by regions, 

 229; earners of, corporate tax change 

 shifted to, 228, 229 



Wallich. H. C, 90n 



wants, economic (see also absolute 

 group wants; collective wants): com- 

 peting, 70; complementary, 70; satis- 

 faction of, 42-43, 52 



Warrior River, 180, 180n 



Watauga Dam, 66 



water-derived commodities (see also 

 flood control; hydroelectric power; 

 inland water navigation; irrigation): 

 and benefit-cost analysis, 71-77; com- 

 plementary relations among, 69-70; 

 complementary uses of, 70; and con- 

 ventional market channels, inade- 

 quacy of, 55-56; interdependence in 

 production of (see under interde- 

 pendence); investment indivisibility 

 in production of, 67-68; marketable, 

 136; marketable and nonmarketable, 

 competitive relation between, 69-70; 

 nonmarketable, 53, 56, 134, 153, 160, 

 163, 171, 184, 199, 204; and public 

 funds, objectives in use of, 71-73, 

 72n-73n; and satisfaction of common 

 wants, 54; substitutability relation- 

 ships between, 69n; term, 52 



water resources (see also water-derived 

 commodities), productive uses of, 5 



water storage facilities. See reservoirs; 

 storage 



water treatment costs, 60-61 



watersheds, 6, 9, 12, 202 



Weiss, F. C, 194, 196 



Wetumpka project, proposed, 173, 176, 

 178 



White Bridge Dam, proposed, 205 



Willamette River project: integrated 

 and alternate plans for (see under 

 development proposals, infra); 

 physical features of, 200-202, Fig., 

 203; summary of income redis- 

 tributive consequences, 262-64, 

 264n, 275; total power charges 

 for federal operation, 224, Table, 

 208; 

 accounting costs, differences in, un- 

 der pul)lic and private develop- 

 ment, 207-11, 257, Table, 208: 



