AZ vs. CA:14 California Exhibits, Vol. XIV; Nos. 2051-2100

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8 1 view to meeting the revenue requirements of the project 2 as herein provided for. In case of conflicting applications, 8 if any, such conflicts shall be resolved by the said Secre- 4 tary, after hearing, with due regard to the public interest, 5 and in conformity with the policy expressed in the Federal 6 Water Power Act as to conflicting applications for per- 7 mite and license: Provided, however, That no application 8 of a political subdivision for an allocation of electrical energy 9 shall be denied or another application in conflict therewith 10 be granted on the ground that the bond issue of such political 11 subdivision, necessary to enable the applicant to utilize 12 the electrical energy applied for, has not been authorized 13 or marketed, until after a reasonable time, to be determined 14 by the said Secretary, has been given to such applicant to 15 have such bond issue authorized and marketed. 16 (d) Any agency receiving a contract for electrical 17 energy equivalent to one hundred thousand firm horse- 18 power, or more, may, when deemed feasible by the said 19 Secretary, from engineering and economic considerations 20 and under general regulations prescribed by him, be required 21 to permit other similar agency having contracts hereunder 22 for less than the equivalent of twenty-five thousand firm 23 horsepower to participate in the benefits and use of any 24 main transmission line constructed by the former for carry- 25 ing such energy (not exceeding, however, one-fourth the