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(Mr.A.S.Halsted - p. 2) ters apparently In conflict with the reports made by Las Veg­as Land and Water Company during the past several ye&rs, all of which I am sure can be fully explained. Considerable tes-tlmoney was offered before the Commission from individuals as to apparent discriminations in the schedule of rates, and a petition was submitted to the Commission, copy of which I have, signed by over two hundred and fifty of the inhabitants of Las Vegas, protesting in a general way to the increase. Com­missioner Malisne, who is an experienced hydraulic engineer, intimated that the valuation of $30,000 per sec. ft would be excessive, as water in Nevada for Irrigation purposes is of the value of about $5,000 per sec. ft. The Commission conced­ed, however, our right to place a reasonable market value on the water diverted and applied for municipal uses. No doubt the Commission will place a value on the water much lower than $200,000, but,from their attitude, I believe they will allow us a fair consideration. Of course, the comparisons Mr* Per­kins had to offer showing his estimated value of the water, were taken from Southern California points where the condi­tions are entirely different. We had a fair comparison in the town of Winslow, Arizona, which is furnished water by the Santa Fe on a plan sromewhat similar to ours, but at that point, as near as we can learn, the water is extracted from a large area of water bearing land which the Santa Pe owns. I am of the opinion that the Commission will grant us the increase ask­ed for in our new schedule, with possibly some slight adjust­ments between different classes of consumers,— in other words, they may lower in some instances and increase in others, but, on the whole, I thibk we will get the relief asked for* FRM-H cc— Mr. Mr. Mr. Mr. Mr. Mr. Knickerbocker R . L« Adams on R. D. Perkins C. C. Barry Walter Bracken Leo McNamee