Show f REPAYING ON i IRRIGATION PROJECTS A new Dew plan tot for paying out irrl 1171 cation f gatlon projects project financed by the federal government bas baa ha been sug aug tested sue by Reclamation Commissioner alonet Mead He H Ie proposes that the measure Plow now before congress bl be I changed to allow repay repayment mente overa over oYer a period ot or from rom twenty to forty ears eara There were some om advocates of ol Il a flat year orty-year plan but Commis Mead contended that pro ct with large larie crop returns espe espe- especially I the th projects ot or the th southern tier ot or states can welt well afford to ta toI I payout pay out In twenty years year years whereas project proJects with relatively low crop been demonstrate returnS as has j In the Ur past cannot well veil payout pay out In n less le s than thirty ho or forty years year He H therefore wanted some leeway In the th bill so to that the secretary th I I of o th Interior can fix lix the tho repayment term tenn for tor each pro feet according to its demonstrated I to pay The Tb consensus con en u or of I among committee mem memo members member be b that there ther bers ber seemed teemed to bould be some tour differentiation be be- beI between beIt Iween be-Iween It tween projects project and the th Sties I lUes arc that the Mead suggestion iut e Uon tv IU be adhered to The bill however how how- I ever e Ter will carry a proviso that have hav here Irrigation Irritation districts been een formed ormed and contracts to re- re repay re pay re-pay pay on the th basis of o 5 Ii per cent or of orthe the the gross tross crop return such con contracts tracts tracts shall stand unless the th wa water wa-ler wa ter ler users user themselves want to toS chanGe S to the th new basis of repa repay r ment On the Echo reservoir the terms U 3 for or repayment with a a period of twenty years ears without Interest Is highly favorable to the water users and can be b repaid out ut of the Increased returns return on the th n crops |