Index 



301 



Willamette River project, cont. 

 gains — federal development, cont. 

 labor, gains to, 241, 245, 251, 252; 

 net regional gain, 255-56; 

 and pricing practices of private 



utilities, 243-44; 

 railways, gains to, 251-52; 

 and rate schedules for resale of 



federal power, 243; 

 real income gains, 240; 

 savings in cost of power passed on 



to customers, 239-40, 241, 244; 

 summary of regional locus of 



gains, 254-57, Table, 254; 

 total gains and annual operating 



cost, discrepancy between, 255n; 

 gains, successive rounds of effects 



under local development, 257- 



62: 

 accelerated amortization, regional 



distribution of gains from, 260- 



61, Tables, 245.261; 

 difference in power bills under 



local public and private devel- 

 opment, 259; 

 electro-process industries, sales to, 



258, 258n; 



Willamette River project, cont. 

 gains — local development, cont. 

 gains to equity shareholders, from 

 rapid amortization privileges, 

 223, 260, 276; 

 households, gains to, 258; 

 local private development, gains 



from, 260-62; 

 local public development, gains 



from, 257-59, Table, 259; 

 net income transfer, 259, 261-62; 

 and project output of municipal 

 systems, 236-38, 257, Tables, 237, 

 238; 

 tax shifting, effects of: 



under federal development, 216-17, 



224; 

 under nonfederal public develop- 

 ment, 217, 223, 224; 

 under private development, 220- 

 23, 224, 227 

 Wilson Dam, 67 

 Wold, Herman, 21n 



Yamane, Taro, \l8n 

 Yates Dam, 176, 178 

 Yellowstone irrigation project, 59 



