In answer to a question by Mr. Murray, Mr. Hollingsworth stated that all the proposed modifications were to the advantage of the govern- ment. After further discussion, Commissioners Libby and Murray indicated that they approved the recommendation of AEC 639/4 and suggested that the General Manager proceed with this action. Mr. Libby said that Mr. Strauss had indicated that he approved the recommendation of AEC 6390/4. 4, Research Reactor for MIT (See AEC 909) (pp. 10-19) Mr. Cook referred to ATC 909, which stated that the General Manager would approve issuance of a construction permit for a research reactor at the Massachusetts Institute of Technology, ard inquired whether the Commis.ioners had any objection to this action. on the M:. Pittman then cc mented ‘waff's review of tos hisard problems arising from the po! st. Tn answer to a question by Mr. Libby, Mr. Pittman said that MIT voulc obliged to meet the AEC requirements for financial responsibility fur accidents if such a requirement were established. Mr. Pittman observed that the General Manager would determine that MIT was technically capable of and financially responsible for such an undertaking and would aliocate special nuclear material to be used over a forty-year period. He added that if inspection of the construction indicated compliance with approved plans, and ir the operation satisfied health and safety requirements, the construction permit would be converted to a license. The effect of long term material allocations to licensees on the flexioility of th. total U-235 stockpile was then discussed. With regard to this problem, Mr. Libby raised the question whether government ownership of reactors would not provide more flexibility than private ownership.