The Oakley herald. [volume] (Oakley, Idaho) 1908-1961, 1923-08-03

sOnal interests are unfavorabie u
a settlement of any description. ON
such rumor was to the effect that i
an irrigation district was formed
land owner would not be able te
obtain a loan from the State Of
Idaho which he might obtain IL the
district we're not formed. This mat
ter was taken up with the proper
state officials and letter from one
of these officials to the Governor OF
the State of Idaho follows:-
Boise, Ida, July 20, 1928.
My dear Governor
1t is reported that in the case of
application for mortgage in Cassia
County, the applicant has been adj
vised by the State that this loan
would be made or allowed providtd
hese lands are not included in a
proposed irrigation district. AS a
result of this advice report is
pretty broadly current to the effect
that he State had adopted policy
OF not loaning any money on farms
or property included in an irrigation
district, or on property that is likely
to be included in such district.
l am very certain that this is an
erroneous report and that no such
policy has been adopted, and this
communication is addressed to you
in the hope that this erroneous i'm
preston may be corrected by a pro-
per and appropriate official state
ment from the Investment Depart
ment, Land Board, or other appro-
pirate official.
There are seventy-eight irrigation
districts now organized and operat-
ing in this State. covering 1,723,673
acres of land. the major portion of
which is in actual irrigation. This
area, as you are undoubtedly aware,
embraces some of the most prosper
Gus and productive agricultural land
in the State. Data are not available
as to the population of the area,
but 1t is omy belief that it will run
around 100000 people. The irriga-
ton enterprises incorporated in
these districts are among some of
the most successful in the State.
Through the irrigation districts,
means has been afforded whereby
the debts and obligations of these
districts have betn funded, under a
plan which is favorable to their ul-
innate liquidation. Many of the
the area, have no outstanding bonds.
In addition to financing, the irri-
cation district organization provides
a very desirable and satisfactory
operating medium. Under it's pro-
assessments are made and
levied under prescribed statutory
and farmers are allowed
three years redemption period in
which to take up these delinquent
assessments. The fact that lands
are in an irrigation district, there
fore, according to my belief, does
not in any way jeopardize tht loan
value of the property, but on the
other hand, generally tends to in
crease the security.
1t would seem, therefore, a very
unjust policy which would foreclose |
citizens in these districts from |
availing themselves of State loans,
and am quite positive that no such
policy has been adopted.
The matter was called to my at
IGNITION by the manager of the Twin
Falls Oakley project, where a dis
riot organization is proposed for
he purpose of perfecting a settle
nent between the settlers on the
Project and the original Carey Act
company. If the dis
rict is organized, and the plan
issuing bonds in vary
ng amounts per acre. not exceeding
n any case about $500, the pro-
eeds to be used in paying off the
resent water contract obligations of
portion thereof which are now
ne, in their entirety, and under
Thich contracts in many instances,
Judgments have been rendered. Be- ,
ause of the distressed agricultural
generally, obviously the
armers in this project are not able
D make immediate payments of