‘oa a -21~ Several of the visitors had left during the discussion; those remaining at this point were Mr, Dean, Mr. Boyer, Dr. Hafstad, Mr. Lane, and Dr. Petersen. - | . . Mr, Murphree and Dr. Buckley expressed the view that the study was fine but that there are other things more important. than going to the pilot plant stage by building one of the reactors and making it run. What is essential is to establish pretty definitely the breeding gain one can expect and make a dependable economic analysis. Finally, a detailed chart of estimated costs of power from different, Power vests types of reactors was displayed, “Some of the figures were: ca, 12 mill/kwt for the sodium-cooled graphite reactor, 28.5 for the CVR, ca. 9 for a pressurized light-water reactor with boiling, about 9 for the homogeneous reactor. These are estimated net power costs, assuming a fuel credit of $10/g for plutonium, Dr. Hafstad said that these figures show nuclear powe) to be almost, but not quite competitive, and that a liberal patent policy would encourage private capital to enter the field right now. At 12:30 p.m. this Session was adjourned, FOURTH_SESSION (March 24, 1953) The Committee met in executive session at 1:50 p.m. . All members and - the Secretary were present. The first matter considered was Dr. Fisk's draft of arguments in suppoi Arguof the Technical Cooperation Program. ments in Support this statement read as follows. of TCP After slight subsequent revision

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