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they could not refu se were the Las Yegas Land & Water Company to pay the R ailroad Company the sum of 1100,000.00, which is double the cost of' the land o r ig in a lly .purchased froija the Stewarts, es­p e c ia lly as the Land & Water Company has alread y paid $50,000.00 (the t o t a l cost o f land purchased from Stew arts) fo r the property which has been tra n s fe rre d to i t . I remember when I was A ssistan t General Auditor o f the Union P a c ific R ailroad, the Rattlesnake Creek Water Company and the Green R iver Water Company that a great e f f o r t was made by the people at Rock Springs, Hanna and other poin ts supplied by the water companies, to have the water rates reduced, and I was c a l l ­ed upon to produce fig u re s which would show that the water com­panies were not making the p r o fit which the consumers thought. The Las Yegas Land & Water Company has made a considerable p r o f it , and i t occurs to me that i t would be good p o lic y fo r them to ac­quire the balance o f the land around Las Vegas, includin g the water supply, paying to the R ailroad Company the sum o f $100,000.00, and as a fu rth e r con sid eration gran ting to the R ailroad Company the fre e use o f water in p erp etu ity . I think the l e t t e r to M r.Clark, copy o f which I attach , w i l l explain f u lly , but i f you d esire to see the balance o f my f i l e I s h a ll be glad to show i t to you fo r your fu rth er inform ation. I w i l l add that the pipe lin e b u ilt by the R ailroad Com­pany from the springs to the tank was constructed o f a v e ry lig h t sheet s t e e l. This pipe lin e has been in need o f rep airs almost ever since i t was constructed, and I doubt i f i t w i l l la s t to exceed two