Page:United States Statutes at Large Volume 68 Part 1.djvu/288

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PUBLIC LAW 4 0 7 - J U N E 18, 1954

[68

ST A T.

Rate schedules, approval by the Federal Power Commission. Rate schedules shall be drawn having regard to the recovery (upon the basis of the application of such rate schedules to the capacity of the electric facilities of the project) of the cost of producing and transmitting such electric energy, including the amortization of the capital investment allocated to power by the Secretary, in collaboration with the Secretary of State, over a Preference. reasonable period of years. Preference in the sale of such power and energy shall be given to public bodies and cooperatives. The Secretary is authorized, from funds to be appropriated by the Congress, to construct or acquire, by purchase or other agreement, only such transmission lines and related facilities as may be necessary in order to make the power and energy generated at said project available in wholesale quantities for sale on fair and reasonable terms and conditions to facilities owned by the Federal Government, public bodies, cooperatives, and privately owned companies. Receipts. SEC. 2. All receipts from the sale of electric power and energy disposed of by the Secretary pursuant to this Act shall be covered into the Treasury of the United States to the credit of miscellaneous receipts as shall also moneys received from the Government of Mexico for any energy which might be delivered to that Government by the United States Section of the International Boundary and Water Commission pursuant to any special agreement concluded in accordance with 59 Stat. 1251. article 19 of the said treaty. Authority of Sec SEC. 3. The Secretary is authorized to perform any and all acts, retary. including the acquisition of rights and property, and to enter into such agreements as may be appropriate for the purpose of carrying out the provisions of this Act applicable to him; and with respect to construction and supply contracts and the acquisition, exchange, and disposition of lands and other property, and the relocation thereof, the SecreS3 Stat. 1197. tary shall have the same authority which he has under sections 12 and 4 3 U S C 3 8 8, 389. 14 of the Eeclamation Project Act of 1939. Approved June 18, 1954. Public Law 407 June 18, 1954

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Temporary Naval appointments. Affirmation. 61 Stat. 833. 34 USC 2 1 l a.

34 USC 350-350k.

CHAPTER 311 AN ACT

To affirm the temporary- appointments of certain officers of the Navy, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the OifScer Personnel Act of 1947, as amended, is further amended— (a) Adding to section 304 a new subsection (t) as follows: " (t) The President is authorized to affirm within one year after the enactment of this amendatory Act the temporary appointment of an officer serving in a grade by virtue of temporary appointment therein under the Act of July 24, 1941 (55 Stat. 603), as amended, except that this authority shall not apply to temporary appointments which by their terms are of limited duration. Upon affirmation the appointment shall thereafter be considered as having been effected under authority contained in this Act and service in grade under the affirmed appointment shall be computed from the date of the appointment to the grade made under the Act of July 24, 1941 (55 Stat. 603), as amended. Affirmations made under this subsection shall not be subject to qualification by examination. All affirmations of temporary appointments in grades below that of rear admiral effected under this subsection shall be regarded as having been made with the advice and consent of the Senate, The date of rank and registered number of an officer

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