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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
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recommendation of ANC 835/2,