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<br />MR. S. B. DAVIS: We have nothing at tbis time, <br /> <br />HR. HOOVER: Nevada has noth~ng? <br /> <br />HR. SCRUGlli\H: No, sir. <br /> <br />MR. HOOVER: Mr. Caldwell, I believe you ,have some suggestion <br /> <br />';;"J <br /> <br />of a pact. <br /> <br />NR. CALD\'JELL: Hr. Chairman, it is "leU known to. the <br /> <br />members of this Commission, I think, "Ihatmy idea.,I""s originally <br /> <br />with respect to the development of the Colorado River and the <br /> <br />principles on which a pact could be based, <br /> <br />Briefly stated, I thought in .the beginning that we had <br /> <br />a brand new river here, practically, \.Q th a geod opportunity to <br /> <br /> <br />strike rights out boldly and scientifically develop the river. <br /> <br /> <br />In view of the fact that it is pretty well established that <br /> <br />there was water enough for all in case such a thing were <br /> <br />attempted, it would be the sures~ way ,to. make the river yield <br /> <br />everything that was necessary for H. to yield for the benefit <br /> <br />of the inhabitants of the states. <br /> <br />The states who happen to be situated on the lower por- <br /> <br />tions of the.riverwere v?~.much conce~ed because, as they <br /> <br />put it as I underst~od it, ,th~y.coulP. not fasten upon any water <br /> <br />right surely .and say that it belonged to them and therefore <br /> <br />capital w()uld be fright~ned ~wayfrom. any venture which they <br /> <br />might propose. <br /> <br />In Salt Lake City at the Hote~ l[tah, Chairman Hoover, <br /> <br /> <br />asked if i\ migh~. pot be possible to, - inasmuch as we had not <br /> <br /> <br />been able to arrive at a satisfactory basis for the partition <br /> <br />,/ <br /> <br />'-/ <br /> <br />"of the water of the Colorado River on a basis of land available <br />llth-S.F. <br />24 <br /> <br />32 32 <br />