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<br />'? ,.284 <br /> <br />MR. MOSES: <br /> <br />"They would not be affected one way or the <br />other." <br /> <br />I <br /> <br />Further discussion on the matter followed. <br /> <br />MR.HEZMALHALCH: "Ray, do you feel the reservoir will help <br />you out on the Compact with New Mexico?" <br /> <br />MR. MOSES: <br /> <br />"1 think it will. A group of water users on <br />both the Conejos and the Rio Grande went to <br />the Governor to see if the Governor would <br />direct the State Engineer to hold back 10 <br />per cent of everyone's decreed rights in <br />upstream storage so that it could be" <br />delivered later on to the State Line'. It <br />wouldn't have amounted to too much, but it <br />would have been a token of our desire to <br />get on the credit side of the ledger. The <br />Texas Commissioner refused to consent to <br />that kind of arrangement." <br /> <br />MR. HEZMAlHALCH:"As 1 understood it, Ray, he only objected <br />to the use of Platoro Reservoir." <br /> <br />MR. MOSES: <br /> <br />"1 think that is right, but without the <br />Conejos meeting its share of the burden, the <br />Rio Grande people naturally do not want to <br />curtail their use." <br /> <br />MR. HEZMALHALCH:uRay, how do you expect" to get on the credit <br />s~de? You say they would not sign a repayment <br />contract until they are on the credit side. <br />This study contemplates going into debt a <br />little more each and every year. What is <br />being done to get on.the credit side?" <br /> <br />MR. MOSES: <br /> <br />"Frankly, since this one effort this year <br />failed, 1 don't know of anything that is <br />being done. I talked to Phil the other day <br />and we are already in the hole again this <br />year." <br /> <br />I <br />