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~JUO after the construction investment of their transmission system had been fully recovered. This would require about 45 years according to the calculations they had submitted. Accordingly, in the interest in developing the water resources of the Basin, I suggested to the utilities that after the amortization of the costs of their transmission system was completed, wheeling charges be reduced to payment of local ad valorem taxes and actual operation, maintenance and re- placement. In the all-federal system O.R.& M. must be paid out of the Basin FUnd. On May 11, 1961 the Commission of the Upper Colorado River requested IvaI Goslin, its Chief Engineer and Executive Secretary, to make a de- tailed comparison of the all-federal and the combination transmission systems to determine which would contribute the most money to the Basin Fund out of which the participating proj- ects could be financed. After three days of research and study by him and his staff, Mr. Goslin reported there was simply no common items that could be com- pared. He said it was like comparing apples and oranges. It seems each party had proceeded from a different set of factors, circumstances and engineering and accounting data. Since then Mr. Goslin has kept on top of every development, la~ge and small. He has transmitted to each Commissioner events as they have taken place, copies of correspondence with Bureau officials and pertinent data from all sources. He and his staff have done a most thorough job. On July 17, 1961, I spent half a day in Salt Lake City with Mr. Goslin and his competent staff checking a mass of figures, claims and counter claims of both parties. From time to time, I have spent many hours with Mr. Kuiper of Mr. Sparks staff, checking and counter-checking the claims of each party. Mr. Kuiper has been exceedingly patient with me and objective always. I have great respect for his integrity and engineering capability. I I