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<br />,,' <br /> <br />32 <br /> <br />, <br /> <br />, <br /> <br />1 <br /> <br />that it's necessary to point out that in this country you do own <br />private property subject to the eminent domain concept. I think <br />it's only understandable ~lat a landowner tilat loves his land <br />and appreciates the environment attached to it would oppose <br />this project. Nevertheless, I think an objective analysis is <br />going to show that land o\~ers that are displaced,and it's one <br /> <br />2 <br /> <br />',3 <br /> <br />4 <br />5 <br /> <br />6 <br /> <br />of the few countries that we can say this about, are fully com- <br /> <br />7 <br /> <br />pen sated for any land that's taken. And I think we have to own <br /> <br />8 <br /> <br />;Land and be willing to accept the need for public installations <br /> <br />9 <br /> <br />10 <br /> <br />of this kind for the benefit of the entire country, subject to <br /> <br />11 <br /> <br />just compensation. <br /> <br />The one other remark I'll make is, I had <br /> <br />12 thought this was an Environmental Impact Statement nearing; <br /> <br />however, I noticed that the Sierra Club speaker did delveslightl) <br />13 <br /> <br />14 into economics, so I would just like to follow up on that. with <br /> <br />this remark. <br />15 , <br /> <br />16 two and a half times what it would have been if it would. have <br /> <br />That this project cost now is estimated ,to be al;tout <br /> <br />17 !been built in a timely rn,anner after it was first authorized for <br /> <br />18 [cOnstruction. And one of the principal reasons that these costs " <br /> <br />19 lave accelerated ia due to opposition by just such groups as the <br />20 Sierra Club that are here again today giving us a lessmn in <br />21 Iilconolllics. 'J.lhank you very much. <br /> <br />22 <br /> <br />140DERATOR: Mr. Goldsmith, I'm sure everyone here but I <br /> <br />23 now the answer to this question, but for the record, would you <br /> <br />24 ndicate what is the nature of Club 20i' , <br /> <br />25 <br /> <br />HH. COLDSHI'l'lJ: Yes, sir. I'm norry. It's an organizatio <br />