Show BIG LAND SCHEME the idaho statesman has baa the follow lag ing tee groat great land scheme to in idaho in which it in said german la 19 interested dr 0 B giboo 00 who has been here contorting conferring with governor mcconnell Connell Mo with reference to go toe the investment of a large amount of capital in irrigation works work to la idaho under be carey not has returned to chicago in conversation with a reporter dr gibson said ald be had become thoroughly familiar with the project and expressed the belief that sufficient capital could be secured acu ecu red to put it through he stated that ho ha rep resented german capitalists who were to make invest in the for far went they were very conservative however no wever and would have to be thoroughly convinced that the tb security was wa absolutely good before putting out any money with all doubt as to the security re moved they could furnish sufficient capital to put through any enterprise all they want to la their interest said bald dr gibson and if they can be batts fied ded that will be forthcoming can be secured on as easily as ae a aa smaller maller aum urn 11 the doctor said ald he represented one man a resident of berlin woo who had bad won been a german official ever since ataee he attained attali bod his hia majority and who had negotiated some ome of the heaviest boa viet loans to in the history of at germany including an enormous sum gum to the russian buian government ern ment U der abe be plan which governor mcconnell MoCo noell has ha been working on for the past two years it to la believed it will be possible ible to place home on 40 acre tracts at the cost of 1560 1550 an lacre which includes the 60 50 cents an acre to be paid under the carey act and a perpetual water right the plan has ha been re with favor by those who represent the capital that will be necee aary to darry carry out the gigantic gigant fc undertaking an immense amount of money will be required as an it to la proposed not only to construct canals to cover large mear but to allow the settler three years before making bin first payment after he be has baa paid for the land at 60 50 cents an acre the settler will not only be tided over the early portion of his conquest ot of the desert but be will be given in all even years yeara to complete hla his payment before which time his hl 40 sore tract will have begun to yield some revenue the interest the settler bottler will be required to pay will not exceed 8 per cent dr gibson will make his bli report at once and further investigations will then probably be made before li it can be definitely stated whether the german capit alises will take hold ot 01 tue proposition |