qum> based on estimates of costs of steadv state operations to be achieved after completion of the expaneion program. There~ fore, since actual costs might be less, he sald that epproval of AMC 835/2 should not be regarded as a precedent for the use of the 1955 price schedule in eli subsequent calculations regarding the allocation of U-255 for power reactors, Mr, Murray remarked that he hoped that in about five years the fuel demands of private industry could largely be met commercially. Mr, Libby asked whether the 104 license would be converted to a 103 license if the reactor became practical. Mr. Mitchell said that the Cormrmission would not need to revise a license which had been issued, Mr, Murray said he believed that the Commissien should establish a policy recognizing AEC’s responsibility for the safe, efficient operation of ail reactors, and that funds should he requested, in accordance with this policy, to conduct reacter experiments supplementing end paralleling those of private industrv. Mr, Libby said he agreed that AKC should undertake such programs and added that he believed it shouid extend to the foreign reactor projects which ARC is supporting. He observed that since AEC will supply fuel as well as technology for these reactors, AEC has a responsibility for their proper operation even if it had not participated in the project financially. After further discussion, Commissioners Libby and Murray indicated that they approved the recommendation of AEC 835/2 and suggested that the General Manager proceed with this action. Mr, Libby said that Mr. Strauss had indicated that he approved the ' oH or om | recommendation of ANC 835/2,

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