Free trader-journal and Ottawa fair dealer. (Ottawa, Ill.) 1920-1927, 1921-12-07
FALL SAYS WEALTH
Of AMERICA STILL
REMAINS UNTAPpED
SECRETARY OF INTERIOR IN
FIRST ANNUAL REPORT PAINTS
GLOWING PICTURE OF NATIONS
iFuTuRE-$15o,ooo, 100000 VET
UNTOUCHED, HE POINTS OUT.

washington, ID. c., Dec, IAN nm.
tapped wealth estimated nj n mini.
mum of $l50,OOO 100000 il contained
IN the more than 10000 900 acres of
land still held IN the public domain
oec' ran of the interior department
says In his first annual report, made
public today.
Coal and form the bulk of this
wealth, the total coal deposits being
estimated at 100000 900 tons, and
the oil deposits at 1896, 100000 bar.
rels, with an additional $4,000, 900 900
barrels of shale oil.
From the development of these re.
sources the federal government, Fail
says, would realize by way OF royal.
Ties, rentals, etc, a total OF $4,000
100000. divided as follows:
Coal In public CONGRATULATIONS.
inous, 0,000,OOO,00O tons at 10 cents
royalty, $1,000, 100000.
Subbituminous, 10000. 100000 tons
ut 8 cents, s2,4O0,O00,00
Ignite, 5O,OOO,O0O,OOO tons at 3
cents, 100000.
(Note-Coal upon railroad lands,
private grants, private lands in the
public land states, but not developed.
not estimated aboye)
Oil in the public ownership (crude)
700,000,0O0 barrels at 50, 81 ,40O. 0O0,-
Oo0 at l2R cents royalty. s175,000,-
100000.
Shale oil. $4,000, 100000 barrels at
81, 100000 900, 900 at cents royalty,
$4,000, 900 900
Phosphates, 2.5000OO,OOO tons at
"a, $14.Oo0.OO0O at per cent royal
ty $2S0,000, 900.
Potash, 2O,0O0,O00,OOO tons at SIS.
S1,5OO,OO0,000 at per cent, 100000
900.
Water power, $4,000, 900 horse pow.
or at 10 cents per horse power year,
s1,300,O0O.
Indian reservations Oil. 600, 900.
900 barrels at 50, $500, 00O, 900.
Phosphate, 1,0000O0000 tons at 81,
$4,000, 100000.
Alaska: Coal, 10000, 900 900 tons.
hll grades, at cents royalty, $1,000.
100000.
Oil, 25,000,000 barrels at 81, $685.
100000, at 10 per cent royalty, ST.
100000
Water power, 100000 horse pow
er at 10 cents per horse power a /
year, s250000
Surface value of public lands out. |
side of national forests: Desert and |
semidesert lands. 100,000,000 acres at
81, s100,000000,
Grazing and forage lands, 10000 |
900 acres at S4 s60,0OO,000 i
National forests: Grazing land |
100000 acres at "a, $275 900 900 |
Timber, S5S0O00,OOO
Other resources, $145,000,000.
History is now repeating itself"
says Fall, land after period of UNI
limited expenditure in war measures |
and in preparing for war, in the crea-
tior, of a navy, etc. it has been found |
necessary to curtal such expendi- |
lures to the very utmost. | am justi-
fed in calling attention to the fact
that the department Of interior-the
home departments fully equipped |
and prepared to do its part in the do
velopmeat Of those great natural re-
sources which must be so developed
IT. the tax burden upon this and flu
ture generations is to be borne at
all"
Fall devotes considerable part
of his report to reclamation projects
and In this connection he urges that
an affirmative policy be announced
by the executive
Referring to pending bills provid-
ing for reclamation activities, Fall
says that if they are enacted addition
al opportunity for labor will be of
fered the unemployed and at the
Same time homes made for those who
desire them.
Discussing the situation in Alaska
the interior secretary declares the
resources of that territory and the
wealth to be drawn therefrom in the
future are almost incalculable.
"There are 21,000,000 acres of land
In forests in that territory he says,
''and many millions Of acres upon the
public domain upon which settlers
may depend for mining timbers, lum-
her for homes, etc. There are mil
lions of acres of land fitted for agri-
culture and the agricultural resources
are such that large population can
be supported in Alaska without inn
portations of foodstuffs from the
United States or other countries"
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