Ogden Standard-Examiner | 1920-07-26 | Page 4 | Ready to Open Water Power

READY TO OPEN W WITER POWER I Plans for Private Development of Resources Is to Be Framed Soon WASHINGTON, July 26 Regulations Regula-tions for the administration of the J federal act opening up the country's Ul w.itprpower resources to private I development are now being drafted. I As soon as they ,iri completed the Iwatorpower commission composed of 1 j the secretaries of wsr. Interior and agriculture will hold hearings on j them Th commission, of which Secretary Baker has been appointed chairman I by President Wilson, will hold its first moMting Irinvdl-iti-lv upon .secretary WU Payne's return from Alaska about FTj August .' The hearing'! on the rgi'- '-j- A3H lations will he pushed as speedily as possible so that the waterpower legls- 1 latlon. which has been ten years In tho making, can be put Into effect without undue delay. H'lijr ' Th- tentative regulations are being : lriwn up by a special committee of H . g I tho war Interior and agricultural de- L partments. It is composed of Major General Enoch H Crowder, represent- I ing the war department: O C. Mer- j rill, waterpower expert in the forestry I service, who has been designated ex- ecutlve secretary of the commission, M: ' and H A Stabler of the interior de- ! - partment. .';','-,!- Members of the committee say tho fe ' ;Jr regulations will be extensive and that v " they probably will be announced In ; series, with open hearings on each i ( J; ; group before they aro made final. Thoso relating to form and condition of application for survey permit or licensee will be the first announced. The most difficult problem Involved i In drawing up the regulations, mem- (fiflj hers of tho committee say, is that of K 1 establishing a uniform system of ac- I counting for licensees as required by 1 j the act. IM Cnder the waterpower bill the com-mission com-mission Is empowered to Issue li- ' 'ri-.- for a period not exceeding 50 NflB years The licensees will pav to tho government reasonable annual HH': ' : : rh.'i ri',.Q In an nm,,.m l I v J W . . B the commission I'pon the expiration f of any license the government, if two RiSfc ' years' notice in writing has been glv- Bl5si' en by the commission, will have tho WH1 right to take over and operate any f V'u&j -j waterpower development after pay- I! jj ' J ment of the net Investment of tho 11- HRc' censee in tho project or projects taken, not to exceed the fair value of the Bfc)' - property plus such reasonable dam- Hit! ages, if any. to property of the licen- WkW-: sco as may be caused by the sever- Hil ' '( r ance therefrpm of property taken. Wmy '. In cases where such notice has not ' tioen gl en the government also w ill have the right to take over upon mu- tual agreement with the licensee any Wv 1 proprty developed under the terms of He th bill subject to tho payment of the net Investment. f:r;:'