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Show (WATER DISTRICT GIVENAPPfli Federal Land Bank at Berkeley Expresses Views on New Irrigation Project The Federal land bank at Berkeley Berke-ley is especially Interested in the formation for-mation of the proposed Weber county Irrigation district, according to a letter let-ter received by A . Preston Thomas I county farm agent from Wlllard D. Ellis, president of the Berkeley bank. The text of the letter from Mr. Kills was given out for publication today by Mr, Thomas us follows- EXPRESSES ATTITUDE. Wc have been asked by some of the people concerned with the proposed pro-posed eber county Irrigation district as to our attitude regarding the formation for-mation of such a district. Wc have felt that by addressing a letter to you and Bending copies to the various national na-tional farm loan associations In Weber We-ber county, wc might beat make our views known to those Interested. It has always been a difficult matter mat-ter to Interest eastern Investor in securities se-curities based on irrigated lands in the west. Irrigation district bonds land higher toiiay in the Investment world than any othir form of Irrigated Irri-gated land securities. This is largely I Lhrough the Wise management CX il ! cikou over thc irrigation districts and me u amiability oi engineer hi data I regarding water rights, water Bupply, drainage conditions, etc., of a dlsiuct. making it easy for prospective Investors Inves-tors t Investigate conditions when . ontemplntlng ine purcnasc or securities securi-ties ol a district. BENEFITS VCCRUING. "In any proposition that Involves so large a territory and the weirare of so many people as are located m the proposed pro-posed district, the main consideration considera-tion thai should KUldc us in taking an attitude towards the proposed district would be Whetner or not there Will be a general benetit to trie people of the district, without regard to what effect ef-fect this may have on the particular relations of thl3 UiUlK with the business busi-ness of loaning money in the district. "We believe that the formation of an irngullon district in Weber county will improve the credits within the dimrlct, anil provide increased values, as well as to generally Improve agricultural agri-cultural conditions. No dOUOt the local arganixaUon that is urging the formation forma-tion of ii district, also ur Fortler and others connected wun the federal bureau, bu-reau, have set forth the general advantages ad-vantages to be obtained through the ronnation of a district. Wr shall not, therefore, touch upon these subjects, but Will deal more from the point of view of tne federal land bank. 'Naturally, the Federal land bank of Berkeley i very much Interested In the water rights within its district e have been making long-term loans now lor the past inrec years, and we believe we can speaK from experience when we discuss water rights Within ouv district. WATER TITLE OFTEN OBSCI RE. I ii considering an application for a loan on any larm. the question of title can always be determined by obtaining ob-taining an abstract of title. The question ques-tion of determining whether a certain piece of land has a good water right, or a aler right of any Kind, is often one that is almost Impossible to determine de-termine It s ems almost unbelievable unbeliev-able that this should be so, when so much of the value of land that, needs Irrigation depends upon the water supply and water rlgnta to such supply. sup-ply. This bank, therefore, is especially espe-cially Interested in the formation of the proposed Weber county irrigation district, since we believe that present I unsatisfactory water rlgnt and water supply conditions would be very much I improved. Too much cred.t canno'. be given to those who first practiced Irrigation I in tho state of Utah and to those who have continued It and gradually improved im-proved their metlious. However, the time has arrived when the people of Utah should seriouslv consider the proposition .as to whether they desire to do business with their neighbors only, because of the condition of their water rights or whether they want to so .nljusr their water rights and Increase In-crease their present supply BO that they may do business with anyone, anywhere." |