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<br />Mrl. ULLRICH: I am not prepared to malte a statement on that <br />~ question at this time. <br />MR. NORVI1~: If you were going to make a stateMent, that is <br />the statement you should make? <br />MR. ULLRICH: I don't care to qammit myself at this time be- <br />cause I have not all the facts regarding the Colorado system be- <br /> <br />fore me now. <br /> <br />MR. HOQV:!!;i'l: 'yihat do you regard as the potential rights of <br />Utah? <br /> <br />MR. l'I,LRICH: 'i'he right to bring such acreage under irrigation <br />in the futuro as may be reclaimed under economic conditions. <br />Anything that is possible. For instance, we may have land here <br />at this time that would cost $.50.00 to $300,00 per acre to <br /> <br />. <br /> <br />irrigate, under the present conditions, and under such conditicns <br /> <br />the land might not snpport such an expenditure, but in the fut- <br /> <br /> <br />nre that land mey be able to support a Water debt of $l50.00 per <br /> <br />acre - that is a notential right of the State which should be <br /> <br /> <br />maintained, and should not be abridged by any compact entered <br /> <br /> <br />into at this time. <br /> <br />MR. HOOVHR: Supposing it were possible for Newico to develop <br /> <br /> <br />land for $B5.00 per acre End you hold up the water - in other <br /> <br /> <br />words, you withhold water from a State th~t can develop for a <br /> <br /> <br />quarter of the money, would you consider that a potential right <br /> <br /> <br />of the State of Utah? <br /> <br />S.L. <br /> <br />. <br />