Arizona republican., 1905-11-05

try. It is almost a certainty that
 the government will not undertake op. efatfons there until the water conn., pany is out of the way. It seems te be generally admitted that the actua
 value of the water company's holdings
 IS rapidly decreasing and theoretically
 at least it will not be many months
 before it's property will be of little val-
 ue to anybody, except the settlers un-
 der the Arizona ditch alone. But the
 question arises whether or not the
 valley at large, through a possible loss
 of next years crop under the Arizona,
 wril not lose more, in fact, than the
 water company can by the cepreeia-
 ton of its property.
 Whatever ones individual views may
 be, these are the questions the people
 are asking, and the board of trade
 deemed it advisable to report it's appre-
 eiation of the situation to the board
 of governors, and offer its services, if
 there is anything it can de to bring the tive interests together or to hasten the eensummatien of a deal. The board ef trade does not desire to meGdle with any negotiations in progress or by it's solicitations to create any further ean- barrassments, but it is willing to do anything it can to promote the inter ests Of the valley, and it felt called upon to reflect what it believes to be public opinion, realizing that perhaps 1t was in a better position to hear gen. efai comments than are the members of the board of governors.
 The feeling that time is being lost IS to some extent the outgrowth of gos- sip. and announcement in some quar- tefs that each side has made proposi- tions that have been rejected ny the other. It was reported on the streets some time ago that the water Company had practically offered to sell for s35o.- eGd. indirectly making the offer throussa President B. A. Fowler. It was sirni- iarly reported on the streets that the beard of governors had rejected the effer. and through Judge Kibbey had practically offered the water company geo, eco for its holdings. taking no ac- count of the minority holdings here in he valley.
 Though it was announced in The Dc publican at the time that no proposi- ifon had been made by either party. ihe continued negotiations kept the people in suspense and the repeated street gossip tended to make them believe that there was something held back. The Republican is now in ! position to reiteFate what it previ- 'usly stated, that there has been ab- solutely no direct proposition made by sither party. 1t also reiterates what t then said, that both parties have ex- pressed themselves in a way that the sentiments became of mutual knowi- 1 'dge concerning their opinions of an valuation.
 What has been termed the water 'ompany's proposition, but which was lot. proposition, was a letter from | dr. Fowler to Judge Kibbey, in which l le stated that he had information of | confidential nature that the water | company would sell for the amount ] mentioned. s35o, ,00o. This was inferred | y some to be move of the water | empany through MT. Fowler as a | hannel of intercourse. but there are | ther things in his letter that remove | ny such interpretation from the | minds of those who have seen the ocument and who express the sin ere belief that what Mr. Fowler sent ! Tas his personal belief, based on facts n his possession, though not furnished ,