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Show WAR INDUSTRY.. CONTENDS CON-TENDS WITH . Watefpower development in the west has been held up for 12 years by theoretical politics, really at the expense of the American public, though It was done under guise of "conservation", to tickle the popular fancy. The result has been millions of tonB of ocal burned while our waters wasted merrily to the seas Instead of profiting by this experience exper-ience we find power development atill held up at a most critical time, and all over two .words "fair value" I or' "net value." The words "net value" ln determining value of power pow-er plant at the end of fifty year lease are 'definite and certain and Insure an Investor protection while the words "fair value" leave the invest- orcompletejyat the mercy of political poli-tical action tfty years hence. What a piy that our legislators continue to waste our Country's resources by quibbling in this manner. |