Word: aec
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ATOM POWER PLANTS will be built by seven public and private power groups, if they can get clearance and financial aid from the AEC. The seven groups (among them: utilities in Alaska, Ohio, Michigan, Minnesota, Massachusetts) want to build small 5,000-kw. to 40,000-kw. plants, costing upwards of $10 million each, turn out power competitive with conventional power plants...
...category, including such areas as fuel element fabrication and processing techniques," and keep secret only the military applications of atomic energy. As it is, private enterprise lacks the information on which it can make intelligent decisions, e.g., a utility might invest heavily in a nuclear-fission power plant when AEC is sitting on the facts about a better system...
...committee said that both will be needed. But the committee raised a warning flag against overexpansion in uranium mining and milling. "If military requirements fall off during the early part of the forecast growth of atomic power, a surplus over civilian needs may exist." The committee recommended that AEC ease off on uranium ore-buying, let uranium find its natural price in a free market...
Again and again the committee came back to its biggest point: AEC should share its nuclear knowledge with private companies, even set up its own "alert, forward-looking" special staff to shift as much emphasis to the peaceful atom as has so far been placed on the bomb. Both for good business and good international relations, the committee proposed that the U.S. set up a definite timetable for the delivery of nuclear power plants, which backward nations need far more than the U.S. Said the committee: "Atomic power may be the most tangible symbol of America's will...
...Truman: "Baruch is the only man to my knowledge who has built a reputation on a self-assumed unofficial status as [presidential] 'adviser.'" Truman said that the 1946 U.S. atomic-control proposals which bore Baruch's name were mainly drawn up by Dean Acheson and former AEC Chairman David Lilienthal. From Hobcaw Barony, his South Carolina plantation, Baruch retorted, "When the full story of the drafting of our atomic-energy proposals is made public, including all and not part of the facts in Mr. Truman's possession, history will show no basis for this display...