CONSERVATION: Boulder Dollars

Boulder Dam, as a power-and-flood project, moved a long notch toward reality last week when President Hoover asked Congress to make an initial appropriation of $10,600,000 to commence construction at Black Canyon on the Colorado river.

Fortnight ago officials of the City of Los Angeles, of the Metropolitan Water District and of Southern California Edison Co., signed contracts with the U. S. for 57% of the 650,000 horsepower to be generated. Over 50 years they will pay the U. S. as rental a sum equal to the cost of the dam ($165,000,000) plus...

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