Section 3
SEC. 3. In the event of any competing individual, partnership, or corporation receiving from the Congress a similar franchise in which there shall be any term or terms more favorable than those herein granted or tending to place the herein grantee at any disadvantage, then such term or terms shallipso facto become a part of the terms hereof and shall operate equally in favor of the grantee as in the case of said competing individual, partnership, or corporation.