The Mankato free press., 1921-12-09
FALL IN HIS FIRSTREPORT
interior Secretary Estimates
Wealth One Hundred Fifty
Billions
IAssoc,ated Press Dispatch ]

=
Fall Of the interior department says
in his first annual report, mare public
today.
Coal and oil form the bulk of this
wealth, the total coal deposits being
estimated at lilo, ,09O. 100000 tons and
the oil deposits at 1925, ,Ou0 900 barrels
with an additional $4,000, 100000 tar
rels of shale oil.
From the development of these re-
suorces the federal government, Sec
retary Fall says would realize by way
of royalties, rentals, etc, a total OF
s12,3S7, 500 ,0o0 divided as follows:
Coal In Public Ownership
Bituminous 1o,ooo;ooo.ooo tons at
Sub. bituninous $4,000 900 900 tons
at eight cents royalty $2.4OO,OOO 900.
Ignite $4,000, ,0OO, 900 tons at five
cents royalty S2,500 900, 600
Mote: Coal upon railroad lands.
private grants, private lands in the
public land states but not developed
not estimated above)
Oh in public ownership L"~.,
zoo, ,000.000 bar. els at 81. S1,40o.OOO,-
600.
Shale oil so 900 100000 barrels at 81
SEQ. .6Oe.ooCoo at ie cents royalty s5.-
phosphate s.55OO 900 900 tons at 81,
$4,000, ,000, 100000 at two percent
royalty $3.50, 100000
Potash 10000 900 900 tons at SIS.
$1-500, 600. .000.000 at two percent roy
atty $4,000, 900.
Waterpower, 100000 horsepower
at ten cents per horsepower per year
$1,300,000. 4
Indian Reservations.
Oil coo, ,0O0, 900 barerls at So. $1,S00-
100000.
Phosphate 1000, 900. 900 tons at "a,
$4,00O, 600, 900.
Alaska
Coal 10000, ,000,O0 tons, all grades
at five cents royalty 81 900 000, 900.
Oil Is 200, 900 barrels at $685. .000,-
600 at ten percent royalty $2,50,000.
Waterpower, 2.500,000 horsepower at
ten cents per horsepower per year
$3.50 900.
Value Public Lands
Surface value of public lands out
side of national forests:
Desert and semi arid lands 100, ,0oo,-
600 acres at 81, 800 100000.
$3.50 ,000.0
Grazing and forage lands, 100000
acres at 81, $S0.000, ,0C0.
National Forests
Grazing lands, 110,000,000 acres at
s275 100000
Timber S5S0.0O0, 900.
Other resources $145 ,000, 300.
History is now repeating itself"
saws Secretary Fall "and after per-
iod of unlimited expenditure in war
measures and in preparing for war, in
the creation of a navy, etc, it has
teen found necessary to curtail such
expenditures to the very utmost. / am
justified in calling attention to the
fact that the department OF interior
the nome department-ls 1uiiy equiPo
pea and prepared 10 90 lts part IN tne
development of those great natural
resources "nlcn must De SO oeVeiopeu
II Lhe La4 euroen upon tnls anu III ;,
lure sehe[aIions Is W pe norhe aI aii'
nec'1mHt'on o]ee's
etaS [ali ueSo.es ts cnnstu
aoie part OF ms ISporI 10 Itc!alIa'on
proJects ana IN nnls connecIion ne
urges tnaI an aliIInattse I'm tL sesonx POI u
icy De dnnouilced ny Ine eAecuc'e;
ne hecess duNdnces can oe
maoe Irom yeaI 10 year m.noue t v
coming an eNcessiVe ouroen upon tns
ta3payerS, !ne @ Secre.ary @ ~ anu
as mas aireaoy been proVeo oy eAper
renee. one years cLop upon one acLe re
OF reclaimed Irrigated grouho VIII &c
tai amount expended In rehoer1ng
such acre productive. Under tne pre-
sent system, or any proposed leglsla-
ton, OF course the cost OF sucn pro
Ject VIII be Fepald and meanWnlle the
ADDED weaatn yleioed VIII ngnten the
tax burdens upon all the taxpayers or
the country. ,.
Referring to pend1ns bHis prov1ding
Tor turther reclamation actlvltles MT
Fall says that II they are enacted ad-
d1tional opportunity Tor LABOR Will De
offered the unemployed and at the
same time homes made for those who
desire them.
"This department" he adds, is
thoroughly oryanized with sufficient
force and is ready to carry on any
fork which such an enlightenment
pJicy as suggested might be assigned
to it in reclamation or other develop
ment Of our national resources"
Situation In Alaska
to-