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unemployment actually decreased because of the jobs available in cleaning up and rebuilding where there was damage. After being contacted by ths State Bank Commissioner, federal supervisory agencies reported that they would be a!; tolerant wi.th the banks as possible and would co'operate in any way possible in re'gard to loans being made to flood victims. That is, these agencies did not want to be in a position where' they must restrict the banks in granting credit or insist that the banks chBrge off their disaster loans, some of which were made under rathe,r liberal terms. American Red Cross After the floods, 130 paid ~.taff members of the America~~ Red Cross assisted by thousands of volunteer workers, concentrateol on relief efforts in Colorado. jl,ccording to the Red Cross' national re- quirement with respect to a di.sast,er, there must bE, five or more families affected before the Fled Gross is legally' obligated to provide assistance. Under this definition, some 400 disasters occur in the United States each year. The role of the American Red Cross in a disaster situation is one of assisting families and indl'lfiduals in six kE,y areas: food, clothing, shelter, medical servicels, replacement of household furnish.. ings, and replacement of occupational supplies and equipment. Only outright grants may be made by the Red Cross, and !>ome $l,7S0,CiOO in funds were budgeted for Colorado flood victims. Flood C~~)l Projects The State of Colorado does not engage in thE, construction of flood control projects as such. The Colorado Water Conservation Board serves as the focal body for the state with respect to water and water conservation projects, and in this connection functions as the central agency for all such projects in this state, including federal projects. Thus, proposed projects involving dams in Colorado by the Game, Fish, and Parks Department, the State Engineer's Office, the Soil Conserva- tion Service, the U.S. Bureau of H,eclamation, and the Army Corps of Engineers are funneled through the Colorado Water Conservation Board where the proposals are reviewed as to their over-all effects clnd not merely on the matter of flood control. At the federal level, the Army Corps of Engineers is chalrged with the primary responsibility fo:r flood control works. However, the Corps works closely with the E,ureau of Reclamation and the Soil Conser- va tion Service when its advice is :requested in regilrd to flood control potentials of their projects. Similarly, if the Corps has a project including irrigation as well as flood control purposes, it recelives advice and assistance from the Burleau of Heclamation. .~uth Platte River Basin As a result of the June flo"ds,col1siderablE, public attention has been given three proposed projlects "n the South Plat.te Rive'r Basin -- the Two Forks Dam and Res4~rvoi..r, Chatfield Dam and Res,ervoir, - 13 ..