Carson City daily appeal. [volume] (Carson City, Nev.) 1907-1930, 1914-04-15
CONVENTION At DENVER WILL
Be PRODUCTIVE Of MUCH GOOD
Matters Discussed of Great Import
ance to Nevada and May Cause
Advantageous Changes In Exist
ing Land Laws

+ IN Idaho, Utah, Montana. Wyoming
and Colorado. it was also shown that,
! from the standpoint Of investors in
CGrey act bonds. the losses had been
/ su general that ii was impossible 30
| finance Carey act enterprise i'll any
! banking or financial CENTER The lien
on the land OF Il Carey act project, a
security for bond issue to finance
! the enterprise, j. conditional and not
absolute. The government holds titlt
to the land until the water is actual
" ready for delivery thereon. If lor
any reason the enterprise fails to
complete its irrigation works and 50
| is unable to deliver water, the COndi-
ton prerequisite to the issuance of
! land patents. the bondhOldcrs have
nothing upon which to foreclOse.
! Now i'll most cases, especially i'll the
! cost o the reclamation works tOgeth-
er with promoters profits and over
| head charges, was about double the
estimates, the result wa, that many
! OF these concerns exhausted their
! finance, prior to the completion oi
| the enterprise and were unable to Sc
cure additional funds to complete
them and SO give valid security 10
| their outstanding bonds. In other in
! stances, when completed. the water
| supply wa, found to be les, than the
| original estimates, or has been tied
up by litigation To add to the dii-
iCultics OF the situation. in many
states tNevada eNcepted) instantly
that Il Carey act enterprise entered
into its contract with the state, it was
| privileged to contract with settlers
and 50 colonize its project prlor 10
the completion Of its irrigation works.
The result being that on all these in
completed and stranded Carey ACT
projects are several thousand settlers
in the aggregate. who are destitute,
having lost their all waiting for the
Nater which ha, never been delvcred
and which there is no immediate hope
Of delivery without the government
provides SOME means of taking over
OF rehabilitating these enterprises
Two lines of remedies were propo,-
ed in respect to Carey act and lrrga-
ton district troubles.
The states urged. as their solution,
that the federal government grant to
each OF the arid land states 10 per
cent of the unucCupied public domain,
under reasonable restrictions to pre-
vent monopoly. and that with this
land grant, the states severally would
be able to secure the funds necessary
to take over and complete unfinished
Carey act and irrigation district ell
terprises and in addition thereto, to
undertake and complete all other fea-
sible reclamation enterprises within
the states boundaries.
MIR. Jones. assistant secretary of
the interior. who presided at the CON
terence, stated that in his opinion ANY
effort on the part OF the arid land
states to secure such land grant
| would be .utile. That there was nci-
ther any reasonable expectancy nor
, any hope that congress would accedt
: to such request That the majority
of both houses OF congress were iron
state, unalterably opposed to any
: further state land grants and that #
= forts along this line could not sur.
: ceed
| In lieu OF such procedure. Mr.
: Jones proposed d plan, in substance
t as follows: That the national recla
: nation act be so amended that the
= government. Immediately one Of it:
= reclamation projects is completed
5 may form an irrigation district to in
clude the lands and irrigation systen
as security for longtime bond is
Y sue, say of thirty or forty years. il,
= ar amount equal to the actual COS,
5 Continued on page y