Show FISHER AND PINCHOT I i i DISAGREE ON POliCY Secretary and Forester Ex-Forester Give Views on Power Development Before 5 I 1 i J. J Waterways Commission Washington Nov 23 Monopoly 23 3 Monopoly and combination must bo be recognized as an nn essential factor In the future d development development develop develop- ment of ot the wat water r powers of the United States said Walter Valter L L. Fi Fisher hEr secretary of the tho Interior before the national waterways commission today Secretary Fisher advised the commis- commis islon Ion slon to support no le legislation to binder hinder bin hin- Ider der or prevent pre the thc combination of or orI i companies or the consolidation of sev- sev eral cral water writer Under tinder one s system slem o of operation Instead ho he said sahl govern Rovern- activity should be centered on the tho insulation of ot power and electricity production companies and th the national l ind state governments should speedily n agree ree upon a general poll policy that will encourage gc development while protecting protecting protect protect- In ing the tho rl rights of ot the public Gifford former chief forester licenses be advocated aLl that all an power made for a limited term approximately fifty fItly years cars Secretary Fisher expressed l tie the c opinion that such a limitation Is not necessary I If the government reserves the right to adjust the companies companies' prices at Intervals of approximately ln n years t |