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<br />- 7 - <br /> <br />ReClamation Fund. The Act of 1902 included the provision that <br />financing of the Federal Reclamation program should be <br />accomplished through the Reclamation Fund -- a special fund <br />that was later established in the Treasury of the United <br />States. <br />a. The fund was originallY intended to finance all <br />Bureau operations as a revolving fund,,_ IN THAT <br />-" --'" .'-.~.-. <br />fund4>- receipts would be adequate to finance nel'/ <br />construction investments as well as the annual' <br />operation and maintenance expenses. <br /> <br />., <br />1. A number of factors made this original intention <br />impossible. Perhaps the most important of <br />, these was the early demand for new reclamation <br />'projects, which far outstripped available <br />revenue. <br /> <br />The fund \'ias supported in the beginning by proceeds from sales <br />of pub.lic lands in the United States, by annual increments <br />from project repayment, and from water sales, It was later <br />augmented by the royalties from the Mineral Leasing Act and, <br />, still later, by the addition of power revenues. <br />a. The fund is still not adequate to cover all <br /> <br />I; " <br />I <br />i <br /> <br />r i <br />L ; <br />I ; <br /> <br />I <br />f' <br />r <br />t <br />FUNCTIONS OF THE t{EC~~MAT;ON"P-;~~';~~~ EACH . .--.-...-.\ l <br />-'__._,~ _ ,._..____._,.__.,., ,,'_'__ ,_,_ ,__.___u.___ _ '_." <br />" ' <br />year, It is necessary for the Congress to supplement <br />Reclamation Fund monies wi tl", appropriQtions from the <br />General Fund to cover all of the proposed programs. <br /> <br />..' <br /> <br />. -. <br /> <br />"'-, <br /> <br />----- <br />