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<br />MR. A. P. DAVIS: That is going to be a long time, <br /> <br />because of the margin of Hater that therf is available, <br /> <br />If this compact is written so that there is an adjustment a <br /> <br />large development can go on. I think it is only by the <br /> <br />occurrence of unforeseen things, - things none of us think' <br /> <br />of now or can think of now, - that an adjustment will ever <br /> <br />be required, but is undoubtedly ~Iise to have soma limitation <br /> <br />in there because we can't foresee everything, I thoroughly <br /> <br />agree wHh the idea of having a provision for revision, but it <br />should be after a period of years so that the sword of <br />Damocles, as Mr. Carpenter says, Hill not be hanging during' the <br />interim and discourage investinents. I suggest forty, <br /> <br />.MR. ENERSON: It seems to me that point is one that should <br />be looked at in the light of the effect it will have upon the <br />minds of the legislature. A longer time might be favorable, <br /> <br />as a matter of fact for Wyoming, still I can'well conceive that <br /> <br />from the standpoint of psychology it m~ght be better to have <br />a shorter time limit so the legislature won't feel that this <br />generation is acting too much for thegeneratlon tofOl1o~l. <br />; <br /> <br />MR. HOOVER: In the form we have it now it doesn't <br /> <br />follow that, even if ~Ie put a time lim;it on of 25 years, it' <br /> <br />would not necessarily end in 25 years, <br /> <br />MR. ENERSON: If we are going to place a time limit on it <br /> <br />I don't believe ,it should be set at too long' a term of years. <br /> <br />, ' <br />HR. S. B, DAVIS: It shouldn't be forgotten it can't be <br /> <br />revised without unanimous consent anyhow. <br /> <br />lL,th-S,F," <br />30 <br /> <br />176 <br /> <br />.. <br /> <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />176 <br />