The Washington times., 1928-12-04
C0N0nY !
WARNING
GIVEN
Icontlnusd srOEn &c l2.l

1925, hhy0 given mere tssNV1ssasls
terms a. repay ynnent ~ settaeIs.s
These new financial afrange genaenhs
ana the general prosperity On akrl.s
CATION projects have resulted an II
creased cUllection9 by the getszszss 49,
nlenf az The Interior ok cl1aEges we. sa..'
fAe TecIarna ton fund. -0evertne
tile demand FOR still smaller yeakss
payments On some projects co,A1. y
EifaubB. These cOiidl lions slo:ase
have considers ton in oQnneekseAs
with any proposed new proJects.
For several years the COngr
hAk rbnsidered the erection Of
li6il1 0Yl fhe colorado River tor
1000 control. irrigation. and dokaes.
flc water nAirpozeA All of when
IiYn.w Dronerlv be considered as & avYs
erfi1fefik functf0ns There would pe
nf Incidental creation of wafer
poVvkr which could be used TOT
eeiierAtinE electricity As private
enterprise caD very well Til Lnls
field there Il no need Tor the Gov
ernfnent 10 W into III - - uns.
fortunate that tlle States interested
IN this water have been unable 20
fen among themselves
The Congress will have hefore "
TIE detailed report ok special
board appointed te consider the en-
ein3NriiSf ana economic feasibility
ST this nr0iecf. From the short
summary which { have seen pk its.
/ iiidee they consider the englnee
in9 problems eEn be met at some
what increased cost over previous.
estimates. They prefer the Black
Canyon slte on the economic fea.a
lures they are not 50 clear ana ~.
pear To base their conclusions On
many conditions which can not be
established with certainty Sc lar
as can Judge. however, from the
summary, their conclusions appear
sufficiently Favorable, 80 that
feel warranted ii recommending p
measure which viii protect the
rights Of the States discharge the
necessary Government functioIlAs
ana leave the electrical field to
private enterprise.
Would Lease Shoals
The development of other methods
81 producing nitrates WIN probably
render this plant less important for
that pnrpcee than formerly. But
We have II. ana / am told II atiIl
provides s practical method 0f max
Ing nifrafes FOR national defense
and farm fertilizers. ~ dividing
the property into Its two com.
ponent parts Of pOWer and nitrate
plants II would be possible to dis
pose 0k the power. reserving the
right to any concern that wished tn
make nftrates to use any power
that might be needed Tor that
purpose. Such & disposition Of
the power plant can be made that
VIII return III rental about $2,00O.-a
900 per year. If the Congress would
grant the Secretary Of War all.
thorfty to lease the nitrate plant on
such terms as would insure the
largest production Of nitrates, the
entire property could begin to func.
tioll. Such q division, am aware,
has never seemed to appeal to the
Congress, I should also gladly ap.
prove 4 bill granting authority to-
lease the entire property for the
production of nitratss.
wish to avoid building another
dam at public expense. Future
themselves. But IL they were %
be required to repay the cost 81
such dam with the prevailing con-
mercial rates for Interest. this diff
nculty will be considerably 1essened.
Nor do think this property should
be made vehicle for putting the
United States Government indis-
criminately into the private and
retail field Of power distribution
and nitrate sales.
The practical application Of econ.
omy to the resources of the coun.
try calls for conservation. This
does not mean that every resource
should not be developed to its full de-
gree. but Il means that none of
them should be wasted. We have
conservation board working on
our oil problem. This Is OF the
utmost Importance to the future
Well.beinH OF our people IN this
axe OF oil.burning engines and the
general application of gasolinO to
transportation. The Secretary OF
the Interior should not !. be com.
pelled to lease oil lands Of the
Usage Indians when the market II
depressed
While the area Of lands remain.
ing In public ownership Is small,
compared with the vast area in
private ownership the natural re-
sources OF those in public owner.
ship are Of immense present and
future value. This Is particularly
true as to minerals and water
power. The proper bureaus have
been classifying these resources to
the end that they may be con-
served. Appropriate estimates are
being submitted. In the budget,
for the further prosecution Of this
important work.
Bans Immigration
The policy Of restrictive innrni.
grafton should be maintained.
Authority should be granted the
Secretary OF Labor TO give Inn
mediate preference to learned pro.
fessions and experts essential to
new industries. The reuniting Of
families should be expedited.
In its economic life our country
has rejected the long accepted law
OF a limitation OF the wage fund.
which led TO pessinlism and despair
because II was the doctrine Of
tutod Tor it the American cOncep-
ton that the only limit to profits
and wages ls production, which is
the doctrine of optimism and hope
because it leads TO prosperity. Here
ana there the councils of labor
are atIli darIeened by the theory
that only by limiting Individual
production can there be any as.
siirnnee of permanent employment
Tor increasing numbers, but ~
general, management and wage
enrnar alike have become einaIl-
nipafed from this doom and have
entered d new era in Industrial
thought which has unleashed the
lA4.aaAta.llaEn - n cir ~ 4laM indie