To charge no more for Colorado River water delivered to Los Angeles or Arizona than was being charged for water from nearby Hoover Dam would be a feat as astonishing as Moses’ bifurcation of the Red Sea. The water would have to come a thousand miles by aqueduct; Hoover water came only a couple of hundred miles, and the immense power output of the dam subsidized the big pump lift to Los Angeles. Hoover Dam was financed with Depression-era interest rates and built by workers earning $4 a day; this project would be financed by Vietnam-era interest rates and built by unionized labor earning at
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