| Show 00 00 1 SIGNING OF 1 AUERBACH AUERBACH BILL lining Having signed e Auerbach bill repealing Utah's Utah ratification of ot the state state aix-state Colorado river compact Governor George II n Dern for tor the state of ot Utah has given an answer to the thc Californians advocating the Johnson Swing Johnson bill who have re- re ref refused re refused f fused sed to give consideration to any of the measure Which Would safeguard the rights of Utah In the Colorado river liver There seems e ms to be no desire to block the California developments at Doul Boul Boulder Boulder der dam dIm If It in the acquit ing of congressional sanction the right of Utah to avail Itself of ot reclamation reclamation tion Lion and power on the Colorado river be be b protected That there are big interests op pp crating under corer COHr In this Colo Colo- Colorado Colorado rado udo river rhu controversy Is Ie Indicated by the fOll following resolution adopt adopted ed in Chicago by the In Investment Bankers association of o America In opposition to the Swing john Ion aon bill Resolved by the board of ot gov gow governor ernora that this thin association re- re reaffirm re affirm its ils opposition to the pro pro- proposed pro posed legislation be be- before before before now pending fore the federal fedral congress known as AI the Swing Johnson bill hill be- be because be because cause I 1 1 While the measure measure Is rep rep- resented rep as primarily f for tor r rood flood control and reclamation on the Colorado river yet yeL It Is In fact tacta a proposal to have the government enter Into the electric power bus bus- business iness mess Involving In government own ownership and operation or of o a large power plant The bill departs depart from the already cali established national policy contained In la the federal water ater power power- pow power r act for tor the handling of power questions by the federal power commission by granting licenses to private enterprises for forthe the use of water aler for po poser er pul pUI pur purposes poses under the federal water waterpower waterpower power act Wh Why there should be opposition to the government go developing electric power from t the he be flow of Its streams any mol more so eo than In reclamation Is not un- un unless un unless less it be that mighty combinations combinations of ot electric power companies fear their business will be Interfered Inter Inter with If It the government en- en leis en leis tel their Held field |