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<br />10 MISSOURI:RIVER FROM l{ANSAS CITY, MO., TO THE MOUTH. <br /> <br />3. The appropriations and allotments mnde for this-project are <br />as follows: " <br />'.' <br />June 25, 1910.... . ... ..... . . . . . _ . . . . ... . . . . . . . . . . . . . . _ . . . . . . . . . . . . . . . .' $1,000,000 <br />Feb. 27, 1911, authoriz.ed :........... . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . .. -} 000 000 <br />Aug. 24, 1912, appropnated.. _ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . ' <br />July 25, 1912.......... .. . . . . __ . ... . . . . . . . . . . .. .. . . . . .... . . . . .. . .. .. . . 800, 000 <br />Mar. 4, 1913. ....... _. " .. ....... _ _ . . . . . . _ . .. . . . . _ _. . .... .. .' . .... ." 2,000,000 <br />Oct. 2, 1914............... .. .. .. .. .. . .. . . . . . . . . . . . . . . . ..~ ... . .. . . . . . . . 850,000 <br />Mar. 4,1915..... ..... .......,..... ................. ...,'. :........... 1,000,000 <br /> <br />" <br /> <br />Total of 6appropriatione.........:........ . .......... .. . . . . ... ." 6,250,000 <br /> <br />It will be noted that the appropriations have been mnde nt about <br />half the rate mentioned in the act adopting the project. . <br />4. The expenditures to March 4, 1915, were $3,577,290.85, con- <br />sisting of $3,286,082,59 for improvement and $291,208.26 for main- <br />tenance. It is estimated that the project is about 9 per cent com- <br />}!leted. There have been large expenditures for plant since the <br />mception of the project, and for that reason and on account of the lack <br />of appropriations at the proper rate, the amount expended and the <br />percentage completed appear out of proportion, But it has. been <br />demonstrated that the work can be done within the estimated unit <br />cost, and it is my opinion that with appropriations at the r~te.:of <br />$2,000,000 per year for improvement and sufficient funds for mainte- <br />nance the project could be completed within the total estimated cost <br />5. The cost of maintenance after completion of the project is <br />estimated at $500,000 per year. The mnintenance work, induding <br />snagging, is now costing about $100,000 per Yl'nr. It will gradually <br />increase as the work progTl'SSl'S. If appropciations are continued <br />at the rate of about $1,000,000 per year, and the maintenance increases _ <br />from $100,000 to $500,000 per year, Q.veraging $300,000 per year <br />during the l'xecution of the work, it is plain that over 20 years trom <br />this time will be requirl'd to compll'te tIle r.roject. . <br />6. I consider that the qUl'stioll of. mOllifying or abandoning the <br />project is one to be decided by a comparisori of the cost involved with <br />the benefits derived. Assuming the money of the Government to be <br />worth 3 per cent interest, the total estimated Cost of the project <br />represents 8600,000 per year interest. Adding the' maintenanee <br />cost of 5500,000 per year gives $1,100,000 per.year as the permanent <br />charge to the Government resulting from the execution and mainte- <br />nance of this project. <br />7. The benefits derived are represented by the increased facilities <br />for navigation. There are other incidental benefits, such as the pro- <br />tection of lands from erosion and the amelioration of flood conditions, <br />but these have not been recoQ'J1ized as/roper objects of Governmeilt. <br />expenditure on the Missouri 'River an are therefore not considered <br />in the analysis. . <br />8. The commerce to be considered is present and prospective, and <br />the advantages that commerce will obtain from the improvement <br />are the actual saving in freight charge'S by tlw use of theriv6r and the <br />effect on rll:i1road freight rates produced by the possibility of water <br />transportatIOn. <br /> <br />'"'. <br /> <br />. <br />