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<br /> <br />Another method, consistent with the fifth and fourteenth <br />amendments of the United States constitution and the scarcity of <br />public funds available for payment of just compensation, is to <br />adopt and retain policies which favor market transactions. To <br />achieve this, government decisions that afford stability, <br />security and flexibility in water as property which can be bought <br />and sold within a state, or other defined territory, are <br />indispensible. <br /> <br />12 <br />