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l Forests should be given away for nothing, and practically without question, to the first comer. This ancient custom ran right athwart the newly enunciated principle that public property should not pass into private possession without being paid for, and that permanent grants, except for home-making, should not be made. The Forest Service now began to apply this principle to the water powers in the National Forests, granting permission for the development and use of such power for limited periods only and requiring payment for the privilege. This was the beginning of a general water power policy which, in the course of time, commended itself to public approval; but it was long before it ceased to be opposed by the private interests that wanted these rich resources for their own undisputed use. Out of the forest movement grew the conservation movement in its broader sense. In the fall of 1907 Roosevelt made a trip down the Mississippi River with the definite purpose of drawing general attention to the subject of the development of the national inland waterways. Seven months before, he had established the Inland Waterways Commission and had directed it to "consider the relations of the streams to the use of all the great permanent natural resources and their conservation for the making and maintenance of permanent homes." During the trip a letter was prepared by a group of men interested in the conservation movement and was presented to him, asking him to summon a conference on the conservation of natural resources. At a great meeting held at Memphis, Tennessee, Roosevelt publicly announced his intention of calling such a conference. In May of the following year the conference was held in the East Room of the White House. There were assembled there the President, the Vice-President, seven Cabinet members, the Supreme Court Justices, the Governors of thirty-four States and representatives of the other twelve, the Governors of all the Territories, including Alaska, Hawaii, and Porto Rico, the President of the Board of Commissioners of the District of Columbia, representatives of sixty-eight national societies, four special guests, William Jennings Bryan, James J. Hill, Andrew Carnegie, and John Mitchell, forty-eight general guests, and the members of the Inland Waterways Commission. The object of the conference was stated by the President in these words: "It seems to me time for the country to take account of its natura
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