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<br />the next to the last page, where you say 'Mr. <br />Kuiper believes the all-federal system. . .' <br />and then you go on and say 'I go along with <br />Mr. Goslin on this', did you mean Mr. Kuiper?" <br /> <br />I <br /> <br />GOVERNOR JOHNSON: "Yes, that paragraph is correct. 'Mr. <br />Kuiper believes the all-federal system when, <br />and if, interconnected with the utilities stearn <br />plant at Farmington, will be able to make much <br />greater payments to the Basin Fund than shown <br />above. I . II <br /> <br />MR. MC CANDLESS: "Does that go along with Mr. Goslin?" <br /> <br />GOVERNOR JOHNSON: "But I go along with Mr. Goslin on this and <br />then I repeat his statement. And the reasons <br />I go along with Mr. Goslin, I don't doubt at all <br />the statement of Mr. Kuiper if interconnections <br />could be worked out, but Mr. Goslin don't think <br />they can be worked out or at least he - I don't <br />think that's correct for me to say that - Mr. <br />Goslin points out that there might be difficulty <br />in working it out. The point that I want to <br />make and want to emphasize before this Board <br />is, that unless interconnection problems are <br />worked out, the all-federal system is going <br />to be in very serious trouble and when they're <br />in trouble the Basin Fund is going to be in <br />trouble. That's the point that I was trying <br />to make." <br /> <br />MR. MC CANDLESS: "I see." <br /> <br />MR. STAPLETON: "Are there any other questions?" <br /> <br />I <br /> <br />GOVERNOR JOHNSON: "I go along with Mr. Kuiper when Mr. Kuiper <br />believes that the all-federal system, when it <br />is interconnected, I have no reason to doubting <br />that that would increase the revenues greatly <br />from the all-federal system. I have no doubt <br />in the world about that." <br /> <br />MR. STAPLETON: "Are there any other comments or questions <br />from members of the Board?" <br /> <br />MR. W.M.WILLIAMS: <br /> <br />"Mr. Chairman." <br />