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Show n THE SENTINEL f l y i Page 2 Thursday, Nov. 17, 1983 The Central Utah Project: billion a two and one-hal- f dollar watier development Hie cost of the Bonneville Unit of the Central Utah Water Project was estimated as $324 million in 1963. But, times have changed. Officials of the Central Utah Water Conservancy District, sponsor- - of the authorizing Central Utah Project, now say that it may take as much as $2.5 to billion the complete Bonneville and the other five much smaller units of the gigantic water project. to conserve, Designed regulate and divert water which now flows off the south slopes of the Uintah Mountains, into the Colorado River drainage area; the CUP will deliver that water to the Uintah and Sevier Basins and to the Wasatch Front where it is presently needed. The environment should be guarded very carefully when considering the construction of the CUP; "but when we talk about our environment, we should talk about our total environment, not just about trout forested streams, mountain sides, backpacking and hiking, "Lynn S. Ludlow, general manager of the Central Utah Water Conservancy District, said. "As part of our environment, we must also talk about providing enough water so that our children can continue to live here in Utah. We must strive to help our farmers provide more foodstuffs for all of us on a more economical basis," Ludlow said. "The environmental trade-off-s required by the Central Utah Project's Bonneville Unit have been studied, and studied' again. The potential harm to Utah's environment is minimal, even when considered by itself, and it becomes very small when compared to the total benefits which will come to Utah as a result of the Central Utah Project, according to 300 Pumpkin Pies For the Tradition That's right folks . . . you read it correctly. Three hundred pumpkin pies for desert, hundreds of pounds of dressing, potatoes, and the trimmings. Now for the turkeys. Chris has ordered fifty of the Big Norbest A grade toms for the big event, that being Redwood Inn's traditional Thanksgiving Dinner for the who would not have the needy and the shut-in- s opportunity of Thanksgiving Dinner if someone didn't provide it. This is Chris Ritzakis putting on the dinner and this is his eleventh year in doing so. Why? Well the story goes back a long way to Greece in fact where Chris was born. Since migrating to the United States and obtaining the Redwood Inn in 1972 Chris has repaid the less fortunate than himself by inviting anyone who can't afford Thanksgiving Dinner to eat with him. The first year he served under 100 people. This year, it is estimated, Chris will serve over two thousand. Special busses will run from Ogden and Salt Lake to the Redwood Inn Thursday, Nov. 24. Serving hours are 11 a.m. to 6 p.m. This is truly a story of compassion toward mankind, a story rarely heard unless you live in the Sentinel's circulation area and have read other reporters' writings of Redwood Inns' Thanksgiving story in previous years. ... This year I took the opportunity to do this story because as and advertising manager of the Sentinel's four newspapers I wanted to express my It is a rare person that feelings in writing this story gives so much of himself for the benefit of others within this great country much less in our circulation area. ... Chris, we as a newspaper salute you and your staff, waitresses and cooks that provide this wonderful service to the less fortunate. Thanksgiving Day 1983. s Dave Godfrey Ludlow. Delta areas. The water will be used for industrial .and municipal, Jordan purposes. agricultural Aqueduct and $14.4 million Jordan Treatment plant will deliver water to Salt Lake the Uintah Basin to the BonneCounty where the residents of the county are presently living ville Basin. Usable water supplies will be on "borrowed" water, according in the two basins by increased to Robert Hilbert, general of means regulatory storage manager of the Salt Lake County facilities. and works conveyance District. Water Conservancy will facilities these in Included summer the will solve also "It be 10 new reservoirs and the low pressure problems on the west side of Salt Lake County," enlargement of two existing reservoirs ; 1 major dike on Utah he said. ConserLake; more than 140 miles of The Central Utah Water the aqueducts, tunnels, and canals; governvancy District is 5 power plants and several which the unit mental through Central Utah Project was pumping plants. About 323,000 of water will be acre-feauthorized and is sponsored. The developed annually for municispecial tax district was created in 1964 by Utah's Fourth District pal and industrial purposes, irric power, Court and is made up by the 12 gation, flood and fish wildlife, control, the covered counties project. by The 12 counties involved in tHe recreation, and water quality Central Utah Project are control. The Bonneville Unit will make Juab, Garfield, Duchesne, available to sustain water SanMillard, Piute, Salt Lake, economic and induscontinued pete, Sevier, Summit, Uintah, in Utah by providtrial growth Utah and Wasatch. of Funds for the CUP come from ing about 100,000 acre-feand indusfor water municipal appropriations Congressional enough water to and a mill tax levied in the 12 trial uses meet the municipal need of a participating counties. A major of 400,000 people. city portion of the federal monies It will also provide about will be repaid from water and of irrigation power revenues generated by 207,000 acre-fethe project. The portion that will water for 35,000 acres of new farm land and 213,000 acres of not be repaid represent the costs of the benefits of the CUP which .existing farm land now will accrue to the general public. periodically short of water. The in These general benefits are the increase in agricultural producareas of recreation and flood tion on these lands will be to the present control. equivalent in Utah water and production Utah agricultural "Actually, 85 will users County. repay power A total of about 1,000 mega percent of the costs of the watts of power will be generated Utah Central Project," by project hydroelectric power according to Ludlow. "That's why we have been so disturbed plants. This is more than four by lengthy delays. We all know times the power by Flaming what inflation has been in Gorge and is enough energy to recent years and when you get supply the power needs of a city 4 into a project as big in scope as of 750,000 people.,1 w ' the Central Utah Project, delays recreational Extensive : can be our worst enemy. Costs ' developments on new . and escalate daily on a project the enlarged reclamation reservoirs magnitude of the CUP. Continued on page 8. The Bonneville Unit is the . . et hydro-electri- et et by PRS, 1983 is Dr. Silver financial analyst and economics editor at P.R.S. The United States is about to be shocked by an election year recession, and perhaps a world financial crisis, if the Federal Reserve does not immediately cease its strangulation of the nation's money supply. In the first half of 1983, money was gushing into the economy at a rate unprecedented in peacetime. From January to June, the money supply (M-l- ) increased 37 billion dollars. Since June 8, however, M-- has increased l by only 3 billion dollars. The growth rate of M-- l has thus been slashed from 15 percent to 2 percent. The last time this happened was in 1981. From April 1980 to April 1981, M-- l grew 11 percent. Then the Federal Reserve slammed on the monetary brakes. From April to September, 1981, the money supply actually declined slightly. As a result, the into a economy plunged recession that very few saw coming. History is now repeat- - INTERNATIONAL Motivational Center for Self-Improveme- nt MEN and WOMEN who wish to expand their ing itself right unseeing eyes. before our ot the handful of economists who foresaw, far in advance, the severe recession pf 1981-8- 2 (and who foresaw the current strong recovery) was Nobel laureate economist Milton Friedman. Recently Professor Friedman has again raised the red flag, warning of economic storms - ahead. his In "Newsweek" column of Sept. 26, 1983, Friedman said: One The monetary explosion from July 1982 to July 1983 leaves no satisfactory way out of our present situation. The Fed's stepping on the brakes will appear to have no immediate effect. Rapid recovery will continue under the impetus of earlier monetary growth. With its historical shortsightedness, the Fed will be tempted to step still harder on the brake just as the failure of rapid monetary growth in late 1982 to generate immediate recovery led it to keep its collective foot on the accelerator much too long. The result is bound to be renewed recession accomstagflation panied by rising inflation and high 2686 W. 9000 S. West Jordan (by Reams) JOGGING FLEECE The proper course for the Federal Reserve to follow is one of slow, steady, predictable growth of money supply. Over time, this' would steady the economy and significantly lower interest rates, inflation, and unemployment. 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It is located in the central portion of the state and includes developments in both the Uintah and Bonneville Basins with a substantial diversion of water from ; The Bonneville Unit of the Central Utah Project will intercept south flowing streams on the slopes of the Uintah mountains including Rock and Currant Creeks and, through a series of aqueducts and canals, deliver a portion of the water north to Salt Lake County and as Action far south as the Richfield and |