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<br />-439. <br /> <br />) 'l" <br /> <br />4. Upper Colorado Storage Bill. <br /> <br />Mr. Crawford: "Early last spring, Senator Millikin asked <br />that Royce Tipton be present to advise him <br />relative to this project. I believe Mr. <br />Tipton should s:;:eak at this time." <br /> <br />I <br /> <br />Mr. Tipton: "The presentation should be made by Mr. Will." <br /> <br />Mr. Will: <br /> <br />Mr. Tipton: <br /> <br />"I will make a brief statement although I had' <br />not planned to do so. I will make a full report <br />to the Upper Colorado Commission at its meeting <br />in Grand Junction on the 20th. Vlhat Mr. Ducy and <br />Mr. Hoag said in connection with the Frying~~- <br />Arkansas holds true for us. We had a very badly <br />divided Insular Affairs Coml'nittee. We came out of <br />the Senate Committee with a good margin. Matters <br />of national L~portance delayed-the consideration <br />of our measure and it was not reported out soon <br />enough to enable it to receive final consideration <br />on the floor of the Senate. The opposition by <br />conservation groups to the Colorado River project <br />was vicious in-some respects. We did our best to <br />counteract it -but we were not wholly successful. <br />I do not know if we would have been successful had <br />it come to a vote on the House floor." <br /> <br />"I will make some br.ief comments - some general and <br />some specific. This Board should know that the <br />Bureau of Reclamation is more and more getting its <br />back against the wall. This is on account of in- <br />creasing opposition to reclamation by the eastern <br />states, the New England States, the conservative <br />South and to~some extent, the Middle-West. From <br />time to time, this Board has sponsored movements <br />to k€ep reclamation on as conservative a basis as <br />possible. The Bill as introduced, was essentially <br />that of the Col~rado River Commission. Wben it <br />came out of the House Com_'Ilittee, it was improved <br />but the Bureau of Reclamation expected it to payout <br />within SO years. That would take into account non- <br />interest-paying money which must be borrowed and <br />the interest on which will compound. There was <br />opposition to the project for various reasons. <br />In the Senate, ~nen the Bill wascheard by the Com- <br />mittee, the repayment plan was changed. Instead <br />of deferring the repayment of capital which would <br />affect two generatio~s of taxpayers the Senate <br />provided for concurrent pepayment. I have with me <br />a chart 1vhich is rather startling. <br /> <br />I <br />