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<br />0014.27 <br /> <br />law of the river, has developed to govern the River and <br /> <br />allocate its water among the Colorado Basin states and <br /> <br />between the United states and Mexico. <br /> <br />The cornerstone of <br /> <br />the law of .th~ river, the Colorado River Compact of 1922, <br />mat~lf"i'a..li~~e~l.;- principally as a result of fear of a recurrence <br />o,!::'JIObds that devastated parts of the lower River in 1905-07 <br /> <br />and again in 1916. <br /> <br />Ironically, though, the condition which <br /> <br />has most troubled the law of the River since its inception <br /> <br />has been the opposite problem: <br /> <br />insufficient quantities of <br /> <br />water. <br /> <br />Despite the apparent intentions of the framers of the <br /> <br />1922 Compact, the burden of these deficiencies is often <br /> <br />assumed to fall largely on the states of the Upper Basin. As <br /> <br />the director of Colorado's natural resources department <br /> <br />recently assessed this predicament, "The ultimate problem for <br /> <br />the Upper Basin is how to build a future on the right to <br /> <br />leftovers."7 <br /> <br />Perhaps, however, the more pertinent and <br /> <br />fundamental question is really whether the Upper Basin should <br />have to build its future on the right to leftovers, instead <br /> <br />of an equal portion of this co~on resource. The objective <br /> <br />of this paper is to explore briefly the salient features of <br /> <br />the law of the River and surVey the prospects for correcting <br /> <br />its most glaring inequities. <br /> <br />II. THE PRINCIPAL PARTS OF THE LAW OF THE RIVER <br /> <br />A. The Colorado River Compact of 1922 <br /> <br />-2- <br />