Elmore County Republican. [volume] (Mountain Home, Idaho) 1910-1915, 1913-07-26

er are identical The man who in
vests his money in irrigation enter
prises is anxious only that his cap
ital and interest shall be assured and
! that he runs no great risk of loss of
either The settler upon our irriga-
i ton tracts Is interested in making
his purchase under conditions which
he will be able to meet. Naturally
he desires the terms Of his contract
| to be such that there will be no
danger of default on his part. He
desires the rate Of interest which he
is compelled to pay to be as low as
reasonably can be expected and does
not want his payments to fall due at
a time when 1t Is not just to ex-
| pect him to be able to make them.
Whatever therefore makes for the
good of the settler and which as
sures his ability to pay at the time
| indicated in his contract makes also
| for the good of the investor because
! it assures him that while his money
must be invested for a long period
! the ultimate return thereon Is perfect
ly safe. You will see, therefore, that
| this movement on the part of the
State Government to find a solution
of this great problem Is one that Is
primarily in the interest of our set
tiers and you will agree with me in
saying that If the proper solution
can be found it will go further to
make for the permanent prosperity
of the State than any other matter
which is before the people for con-
sideration at the present time.
Another matter of Importance to
which | desire to call your attention
is that of the more rapid sale OF our
State lands. Certain limitations up
J on the sale of these lands are plac-
ed in the Constitution Of this State,
the idea being to check the sale OF
such lands in order that the same
may be held In reserve, either Tor
an advance in price or for the bene'
fit of coming generations. Under the
limitations imposed by the Constitu'
ton it will require something like ore
:, hundred eighty-five years to dispose
, of our holdings. Under the present
q plan the principal secured from the
sale of these holdings Is kept In
tact but the interest thereon is added
! yearly to the proper fund and be-
| comes available for current use.
. II is now proposed to amend the
r Constitution of the State in such
manner as to permit OF more rapid
Y sale of our State holdings, provided
: Of course, that none of them shall
r he sold at less than the minimum
nrica ner acre fixed by the Constitu
ton. This plan was first advanced
3 and for some time has been advo
Y Gated by our State Land Commits
g sioner, Mr.. George A. Day, and
a plank was last year incorporated II
: the Republican State platform, as
a rasult Of the earnest advocacy by MT
: r r. picotte, Editor Of the Woot
I River Times, who was delegate
= from Blaine county, favoring the SUB
r mission of such a proposed amend
h ment to the people of this State fol
Q their consideration. l supported thi'
= plank in the campaign and strongly
J. recommended favorable consideration
# in nv first message to the Legisla
|. tire. also urged the approval O
= such an amendment In an article
Q which | prepared for the Meadow
r Eagle and which appeared in It's Is
o sue of January 18th, 1913. The Leg
islature failed to submit Tor you
T. consideration the proposed amend
t ment although it was prepared ant
l. introduced by Senator Davis OF Pow
y err County. This amendment passe'
n the Senate but was lost In the House
t largely, think, through a failure OF
n the mart of its members to under
e stand the results that would follow
s its adoption. This Is, OF course,
l. momentous question and one that re
It quires careful study and calculation
J. In order to be fully understood. A