Thursday, November 29, 2007

Ted Turner: land mogul

Nate Jenkins of AP in today's C-J...

[Ted] Turner has amassed 2 million acres over the past two decades to become the largest private landowner in the country. He owns large chunks of land in 11 states, with most of his holdings in New Mexico, Nebraska, Montana and South Dakota, and is restoring buffalo, cutthroat trout, wolves, black-footed ferrets and other flora and fauna that filled the Plains before the West was won.

His front men say their boss doesn't have a secret agenda - he just wants to be a rancher. But each big buy only heightens the anxiety and gives rise to conspiracy theories, the most ominous of which hold that the swashbuckling Atlanta executive is bent on putting Nebraska ranchers and farmers out of business....

Among the theories: Turner is trying to corner the land over the Ogallala Aquifer, the world's largest underground water system, to gain power in the water-starved West.

Or: He is scheming, perhaps with the United Nations, to create a vast wildlife refuge and turn it over to the federal government, removing the land from Nebraska's tax rolls. That could hurt Nebraska schools and other services, which are already starved for cash....

Mike Phillips, executive director of the Turner Endangered Species Fund, a Turner offshoot, insisted his boss is just a "doggone serious rancher," though one dedicated to preserving the environment.

But Phillips' very presence is making people wonder. He once worked with The Wildlands Project, an environmental group that wants to create a continent-wide network of nature preserves to save endangered species. The Turner Foundation, the charity arm of Turner's empire, has contributed money to it and gives millions to dozens of other environmental groups.

Turner's organizations also have been in discussions with the World Wildlife Fund and the World Conservation Union about conserving bison. The groups have expressed interest in developing a huge park where bison could once again roam the Great Plains.

Actually, Turner's spokesmen say, the driving force behind Turner's land purchases is the desire to make money. Turner's Vermejo Park Ranch in New Mexico, for example, offers weeklong elk hunting excursions at $12,000 a pop. He has also entered the restaurant business with gusto, opening more than 50 Ted's Montana Grill restaurants across the country that feature bison meat....

"Our agenda is not to create a vast wildlife preserve," Evans, vice president of Turner Enterprises, said in an e-mail. However, he said, Turner is concerned about preserving animal habitat while ranching. "We think we can do both."...

Turner owns the largest buffalo herd in the country, 45,000 strong, many of them on the 425,000 acres he owns in Nebraska.

The sturdy bison need less attention than cattle, requiring fewer ranch hands. That adds to people's worries here in Hooker County, where there is about one person for every 721 square miles, just 15 kids graduated from high school last year, and the population dropped 3.4 percent from 2000 to 2006.

Another persistent complaint is that Turner's extraordinary ability to outbid just about anyone is driving up land prices, making it tougher for longtime ranchers to expand and keep their operations afloat.

Over the past decade, ranch land in the Sandhills region of the state where Turner owns all his property has more than doubled in price to over $300 an acre....

No one likes competition for the things they sell. And people love competition within the things they buy, but they don't people to bid up the prices they pay for things.

Good for Ted...at least this is voluntary, market-driven behavior.

I just wish he hadn't taken 100's of 1000's of $$ in farm subsidies!

1 Comments:

At November 30, 2007 at 8:15 AM , Anonymous Anonymous said...

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