Arizona republican., 1906-06-02

Mfr. Walker calls attention specifi- cally to the fact that this project is not one for the attractions of speeulators. It is strictly an industrial proposition depending for success upon the settle nent of the valley with successful and prosperous farmers. home builders. men who propose to put their own time. effort and small capital into the turning of natural agricultural re- sources into homes and money The purpose of the new management is to equip this water system to the highest point of practicability making it pay the cost of maintenance only, the management making it's money on the sale of lands in it's possession, which are certain to marvelously increase in value when the water system is per- fected. Their money is to be made out of developing the resources. not out of the water, and as indicated above, the success of the project depends upon their securing control of an acreage that warrants their operations.
 It will be stipulated also that no shares in the water company will be sold to other than purchasers of land through the company, with one excep- ton. The company owning the canal and a large portion of the land will be able to control the administration and sale of water, until such time as the acreage has passed into private own ership through the company sales. af- ter which the canal will belong to the people and the company will have made a success of it's investment. That sim gle exception referred to is the bona fide resident land owner who has shown good faith in actually farming or trying to farm his lands in re- cent years. He will be permitted to purchase water shares on the same terms as those who buy land from the company, for his cooperation is needed and desired. It is an invest ment depending upon a development that shall result in prosperity for all if there is to be prosperity for any. The water right deeds from the former companies now held by settlers will of course be recognized and water will be furnished them upon demand at proper rates. The suggestion that it is not an opportunity for speculators of course does not imply that a man who buys land cannot sell it again or any thing of that effect. Most of the land will have to be bought from the com pany and its water paid for. Should the owner later desire to sell to a specula- tor or any one else it will be his own business and his rights will be valid but before such a period of development can be reached land prices will have advanced to a point where the invest ment will already have been a success for all concerned. The only point made is that there is no opportunity for large investors to buy up large tracts of cheap land to be made valuable by this water company.
 Speaking of the water supply. MT. Walker says that many improvements have already been made in the head works and elsewhere since he has in- terested himself in this project and more will be made. The canal is now full of water and it will be further improved for economical and equitable distribution. As for the supply, he says there is an ample quantity of l. available at the canal head and at the present time there is 5O00O inches. go- ing by the head down the river. Even in the dryest seasons he says an ample supply can be developed by raising the underground flow with the sheet piling dam mentioned above. This under ground flow he says has proved to be of immense volume during the building of the P. & E. bridges just above the buttes in the dryest of summer sea- sons. There was a supply that pumps could not handle even when the river bed below was as dry as a bone. It is proposed to put all the revenues de- rived from the carrying of water into the betterment Of the system, and in addition, such portion of the proceeds of the sale of lands as may be neces- sary for the success of the manage ment depends not merely in owning a canal but in keeping water in it.
 Mir. Walker has not gone into this enterprise carelessly or without a due consideration of all the facts in the case. He has thoroughly familiarized himself with local conditions as well as with all the interests and rights con tcerned and has spent months in getting things properly shaped up. He has thoroughly convinced himself that it
 will prove the biggest and best invest ment of his life so far, if he can secure the cooperation of the people and it is a plan whereby himself and associates cannot prosper unless the home build CTS living under the canal enjoy a
 measure of that same prosperity. He | believes it will furnish homes for thou sands, thus incidentally building up the | territory and PinaI county in particu- lar as we'll as inagurating an era oi 1 prosperity in the Casa Grande valley
 which is equally as fertile as any iT the land. His former successes here
 and in the Buckeye country, which wa: first made prosperous under the ad
 ministration of the Buckeye canal by himself and J. C. Wasson, is prophetic lof the greatest success in this project
 His practical knowledge of land anC
 water conditions we'll fits him to un-
 dertake it.
 Among the properties that he hal
 now secured in connection with thi
 deal is the famous Wentworth ranch O
 2,400 acres, which is under cultivation
 and the ranches of the late pr. Franl
 L. Dolley near Arizola at the lower enC
 of the canal.
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