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Show FEDERAL POWER "BOARDCONIPLETE Weeks, Fall and Wallace Are New Members WASHINGTON. March i. Secro-tArK-a Weeka. Full and Wallace. wh took office today, will ronatltute th new federal power commiaalon. ManJ apnlirallona for power BranU ar pending and the new commiaalon Is ex- M peeled to hold an organization meeting Jt.. In the near future. Ten regulations dealfrned to maka effective the water power act were la-sued la-sued by tho three retiring commls- .ionera. former Secretaries Baker. I'avne and Meredith. One prescribed the manner In which corporations were to set aside depreciation reserves and was adopted to cover the Immediate situation. The other regulations were said to be of a more or less routine nature, covering general conditions of approval approv-al of permits for the purpose of best serving the public Interests, whether the plan was efficient and whether the applicant had sufficient capital to carry out the proposed plans. Annual charges. Including an ad- -itiinlstratlon rharge of 25 cents per horsepower per annum, and where public lands are used another charge of 10 cents per horsepower per annum, an-num, and a charge of 5 per mile for rights of way for transmission lines were provided in one regulation. I |