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NR. PETERSON: MR. STAPLETON: MR. KNIGHTS: MR. STAPLETON: "What is going to happen in the meantime then? Are any decisions going to be made?" "Nr. Knights has already said, I think, that they are in a very preliminary stage. He couldn't tell you, probably, a lot more than he did before about what's going on, as I recall his statement." I' "I might amplify a little on that. First, I just now, in the last few minutes, read Sec- tion 19 and certainly we'd have no objection, naturally, to the establishment of that commis- sion. But I can make this statement and I have made this before and Len, you have perhaps already said this while I was out a while ago, that these studies that we are making at the present time in no way will enhance the importa- tion potential of either one of these projects. There will be no more water taken off the western slope by either one of these projects through these studies. Ne may hold the waters on the eastern slope and naturally, if we are going to do it, it must be of mutual benefit or there is no use of doing it at all. So I'm not claiming that no one gets any benefit from this. The thing is that it will save dollars. It makes no difference to the western slope one way or the other if dollars are spent as to the amount of water that might be transported to the eastern slope. I don't know whether that will clarify any- thing or not. Perhaps you have already said that, Len." "Frank, you knOvl we have always hoped that we would have resolutions in prior to meetings and this has been our rule. Ne haven't made it to obstruct anybody. The idea of Section 19 has obviously caught many of us unprepared, even people with more intimate knowledge of this matter than I have. So I would ask you if you would have any objections at this time to our considering your proposal at the next neeting, along with the resolution which is still before the Board?" I