Show big bond issue for the west wesl A federal and operative cooperative co opelee state bond issue of 2000 nil for the reclamation of lauds lands of the wester westeri we seri i baates will be the principal topic for discussion at the confer conference enco of governors to be liell held in in don vcr early next th air 14 1 r was the message brough to salt lako lake yesterday afeei noon by gobernor Goer nor spry on ills his fetui n from a trip to washington in the interest of the lands of the state the proposition tor for the bond issue was outlined to governor spry by franklin K X lane secretary of the interior A government bond issue of and an aggregate issue op 0 tile the same amount by the affected states is to be the central idea of a bill which the secretary of the interior will seek to have passed by the next session of congress the plan of secretary lane as 09 outlined to governor spry is believer bellev cA to be the development of the idea of the federal official expressed in his annual message to president wilson in part it leads as follows there Is much more arri gation gallon work for the government to do but where aro are the funds to romo come from to carry on such work my i answer is f from rom tho the public continued on page 2 BIG BOND ISSUE epolt THE WEST continued from page 1 lands lu in these states we sell these lauds lands now and the proceeds go into the tion fund this is the policy of congress that we shall if for or a time use the moneys the government derives from the sale kale of its lands to tio ci cheate aate nevi nean allies within the states two years ago the government ment ent further and sei set aside to be used in the completion of the irrigation schemes now under way this is an advance by the government for which it takes what might be termed a mortgage on the moneys which the pi ejects projects will yield from the sale kofl of gatei rights why not extend this policy the west can use pi of t tably bably and wisely in ili the next ten years to the advantage of the whole count ly indeed without this expenditure pend iture the asset which the government has in its desert lands will lie unused and be ol oi no national value the government will recover all of the money it advances not to speak of the homes and the milues by its enter pi ise if the government will place upon a leasing basis these western le ie sources with aich we have been dealing it can call have an increased fund for the continuance of the return of its advances just as I 1 would aim to make alaska pay in the end out of her own resources for a liberal advance made to her for the opening and improvement of her territory so should we aim to make these lands of the west bring into being the latent values of the west with a little foresight we can transform coal and oil phate and timber into grecu fields and electric power Ralli oads ds and lowet plants plant street railways and are built with fifty year bonds which rest ill on the foundation of choir pio bable earnings it Is not without pie in ili principle or in f ft fit t for or the united states to ila iiii prove its own property prop eity and for its advances take i 1 mortgage upon the wealth it creates and in one half of fifty beals we would regain ov oli capital inasmuch as the title to these oil and other lands would i emain in the government and be excluded filin state taxation tai 1 it would seem to be fair that a certain percentage of the royalties received should go to tile the states within which tile the revenues are raised awen ty five per cent might be a minimum but a higher percentage would seem advisable it the whole might remain for a time in the governments hands to be used in such cooperative irrigation enterprises as the state might desire and after such use has been made and the fund replenished pleni plent shed be fully released to the state |