OCR Text |
Show SOUND PUBLIC POLICY President Coolidge is quoted as saying he believes public funds should be generously devoted in the matter of flood control along the Colorado River, but that the development develop-ment and distribution of hydro electric elec-tric power should be left to private enterprise. This project involves the impounding im-pounding and distribution of water to be used for irrigation over one of the largest areas ever undertaken by the government. The projected flood control of the Colorado River demands appropriation appropria-tion of at least $30,000,000 and will have to go under federal control and regulation. It is an undertaking, in which the government representing the people, and business interests representing private capital will work together without any undue paternalism or interference. The federal government will build the flood water storage dams, and the vast quantities of water otherwise oth-erwise going to waste will be available avail-able for producing and widely distributing dis-tributing hydro electric power. |