Show RECLAMATION BOND ISSUES HELD SOLUTION Governor Receives Proposal in un Letter From Arizonan Financing of or reclamation projects by bond issues in tho the states which di directly directly dl- dl benefit from tho the con construction Is Isa a advocated by John F. F Davidson a prominent Arizona citizen in a a. hotter ettel to Gov GoY Simon His plan suggests the tho issue of or bonds I to run fifty years ears bearing 3 per cent interest to bo I paid oft off at tho the rato rate of ot 2 per cent of or tho the principal each year carTho car Tho The bond Issue would be turned over overto overto overto to the government o as security for funds which would bo be advanced ad by tho the government government gov gov- to pay for tho the construction an and development It It is unfair writes write Mr r. Davidson to tax tho people of ot tho the eastern arid and central states either cither directly or ot Indirectly Indi to raise a fund to develop tho the west In that it would realize no benefit bone bene fit directly j therefore tho the suggestion which I make How low can n senators tors and rel representatives tives face tace their constituents I If they thoy voted for a a. measure taxing them when the they will never nover realize any benefit of ot such taxa taxation Mr Davidson concludes his letter to the tho governor by asking that th the tho advocates advocates cates Cc of ot reclamation In Utah give gho consideration con con- to his suggestions |