Arizona silver belt., 1900-03-22
THE HUDSON DAM.
Ex-Senator Warmer Miller Thinks the Project En-
 terelv Feasible.
NATURAL SITE FOR STORAGE.
Would Supply Water to lrrigate Salt River Valley and Power to Operate All Globe Mines.
 Encouraging Outlook.

Encouraging Outlook.
 The question of water storage for the Salt river valley has been discussed from every conceivable standpoint. That the proposition would be both profitable and beneficial is universally conceded, says the Phoenix Gczette. The reservoir site on the Salt river, about sixty miles east of Phoenix, is one of natures own construction and was evidently made to order for water storage purposes W. J. Murphy and the canal compa ny labored for years to secure the construction of this great water cache, and numerous times when success seemed about to come to the toilers, some unknown condition would arise, such as financial panic or other commercial upheaval, and away to the winds would blow the Salt river dam and the work had to be begun over again. Reverses in this respect are always expected and rarely ever is one disappointed in the results. Mr. Murphy has painted that water storage proposition in more rosy col ors than possibly any other man could do. Yet, the waters annually ran to the sea and were lost to the citizens of Arizona. Still. the men who own the bonds of the canal companies ard the farmers who cultivate the soil beneath these waterways have always been alert to this commendable proposition and everything has been done to bring about the construction of this great storage reservoir.
 The Hudson company was organized some nine years ago. and under some departmen. ruling acquired a color of title to the site. and since that date the question has been constantly be- fore the financial world and has re- ceived the attention of many of the foremost financiers of America and Europe.
 Some six months ago the canal owners of this valley entered into an agreement with Mann, the head of the Hndson company, whereby the canal companies agree d to pay the promo ters of the storage scheme a certain annual sum of money as guarantee of the financial income ofthe proposed storage proposition. The annual sum. We believe, was S2j0,000. This agreement was to stand for one year, and if, at the end of that time the Hudson people failed 10 se- cure the money for the construc- ton of the plant, the company was to deed over to the canal companies all it's right and title 70 the site and entire scheme for fair consideration. Fully one-half of the tune allotted has passed by. and nothing tangible as yet has been accomplished by the com pany. Should the time. however, ,elapse, the bondholders would undoubt- edly construct the reservoir them selves as a matter of not only protect ing their bonds. but as d iinanancial venture. Yesterday Ex- Senator War ner Miller of New York, one of the milliOnariere pulp paper makers, ar rived inPhOenix with view of increas- ing the feasibility of the proposition. Senator Miller looked carefully over the grounds yesterday, and satisfied himself upon many of the material points to be considered The New York capitalist when qestiOned as to his views upon the subject, spoke very entertainly upon the proposition.
 The Senator thought the plan en- tirely feasible, and If properly carried out, would prove a great financial sue cess, and do much to forever settle the water question ia this valley. 1.-The water power at the dam quoth the New Yorker. would prove great source of revenue. IL could be util- ized to supply the mines and people of 'A'DL NlAil iAA hliN EN'ti Nb AN''''ii able prices, and Phoenix would also harness all of its moving appliances to this great industrial giant. This of itself, said the Senator, would be q revenue getter. The horse power to be secured from the construction of this dam is beyond mans power to compute. But one thing is certain, and that is, II would be ample to move all the machinery and supply all the light needed in Gila and Maricopa counties, and have abundance Jeff for other uses Senator Miller has un- bounded faith in the construction of the reservoir, and the Gazette is firm in the belief that the man from New York will be an interested party in the great transac tion.
 The Appetite of Goat