Wyoming As An Agricultural State Address On the Reclamationof the Arid Lands Be
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In our eReader you can find the full English version of the book. Read Wyoming As An Agricultural State Address On the Reclamationof the Arid Lands Be Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Wyoming As An Agricultural State Address On the Reclamationof the Arid Lands Be
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Parties approached were willing to provide the needed amount provided the laud could be made security, but when it was explained that it was public laud, that there were no settlers and could bn none until the ditoh was assured, the question was raised as to what inducement there was to an investor to make an improvement of $10 an acre on government laud when he had no means of securing the land, no means of determibing whether the laud would be occupied by a person willing to pay for that impr...ovement, or, if williLg, whether he would be able to pay for it.
The party whose aid was solicited then asked if the promoters of the enterprise would be willing to furnish an independent and adequate gaur- anty that the settlers who filed on the land would either become part owners in the canal or purchasers of water for their land at a price to repay tho money expended on the canal. This could not be done. Leaving out of consideration the speculative filings, made simply to secure the advance in values due to the construction of the canal and the improvement of adjacent lauds, it was certain that only a small number of the settlers could pa> $10 an acre for the water supply for 160 acres, but that all would be disposed to file on 160 acres, because there would bo no material increase in cost over filing on a Jesser area.
What to read after Wyoming As An Agricultural State Address On the Reclamationof the Arid Lands Be?
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To quickly assess the difficulty of the text, read a short excerpt:
Parties approached were willing to provide the needed amount provided the laud could be made security, but when it was explained that it was public laud, that there were no settlers and could bn none until the ditoh was assured, the question was raised as to what inducement there was to an investor to make an improvement of $10 an acre on government laud when he had no means of securing the land, no means of determibing whether the laud would be occupied by a person willing to pay for that impr...ovement, or, if williLg, whether he would be able to pay for it.
The party whose aid was solicited then asked if the promoters of the enterprise would be willing to furnish an independent and adequate gaur- anty that the settlers who filed on the land would either become part owners in the canal or purchasers of water for their land at a price to repay tho money expended on the canal. This could not be done. Leaving out of consideration the speculative filings, made simply to secure the advance in values due to the construction of the canal and the improvement of adjacent lauds, it was certain that only a small number of the settlers could pa> $10 an acre for the water supply for 160 acres, but that all would be disposed to file on 160 acres, because there would bo no material increase in cost over filing on a Jesser area.
What to read after Wyoming As An Agricultural State Address On the Reclamationof the Arid Lands Be?
You can find similar books in the "Read Also" column, or choose other free books by Elwood Mead to read onlineMoreLess
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