Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1910-08-26

The wisdom or bond issue per Sc,
whether it is ever JUST fed In princi-
pie, even il perfectly practical, has
been questioned by some. Some of
J these objections are:
, 1t would raise taxes. Granted,
but we will never, never, never have
roads without paying for them, and
they must be paid for out of taxes.
That is the only way the Govern
ment has of obtaining money. But
an issue of bonds. running for a
period of years, distributes these pay
ments SO that they need never be
onerous. To build l2G miles OF road
i'm short time and collect enough
taxes in the meantime to pay for
them, would, indeed, be burden.
ID 81 do not want To leave debt
for my children To pay" That is IA
sound reason for hard headed, com
mon sense business man To give for
not mourning n large personal debt,
which his children might have 20
pay. When an individual contracts
debt, me knows that his health
may fail, business Ieverses may
come or death may take him away
These are the reasons that deter him,
and these alone. n county is not
like that, 1t is like Corporation
"A body without death and n mind
without decline. Sickness and
] death cannot touch il. TazewelI' $
taxable values are increasing every
year and must continue TO increase.
/ More coal mines will be opened.
The Norfolk and Western Railway
Company is building its Indian
/ Creek line, which will add tens of
thousands TO taxable values, and
coal mines along the route will be
opened. So the County cannot posi-
bly, experience any one of the trou-
bles which make n private debt Of
large size unwise. But let us look
! further into the matter-into the
real business principles involved and
the equities OF the case. 1t Is n
sound business principle that every
business proposition IL successful,
ought TO be self supporting, i'm n
measure. That is, its future should
largely be taken care OF by its pro-
fits. Good roads will increase values.
That is rs certain rs that the sun
SHINES. Even If they did not, by some
perveIsion of all laws, known and
unknown, increase the nominal o.
IN N l. n1 Fnl Of
render all parts OF the county more
accessible and all products, except
that which walks To market, will
be more valuable TO the producer
i'm the exact amount OF the difference
in cost Of marketing then and under
present conditions. The market price
OF bushel of potatoes, bushel OF
apples, hundred pounds of bacon,
etc, is fixed regardless of our roads.
Whatever ii costs "A farmer TO get
his produce 10 the railroad comes
out OF what ought TO be his profits.
| ( il cost him 50. 90 10 get one thou
sand pounds to the railroad when il
ought To cost him 50. 90 to get thee
thousand pounds to the same place,
he has lost, in cold cash, $1,000.
So good roads, in the saved pro-
fits 10 the farmers, will more than
doubly pay any increase OF taxes
that could possibly be levied. AS n
business proposition, then, il is safe
To say that they will actually more
than pay for themselves.
But suppose that the visible and
actual saving to the people were not
so great as ii is bound to be, how
about the equity and justice OF hav-
ing the coming generation help us
pay for the roads which both we and
they are To enjoy? Parenthetically,
ii may be very pertinently remark
ed that we will leave no personal OBJ
legation on anyone. We may leave
a tax to be paid on the property we
leave-and we will have to leave it,
by those who own il, but we will
leave no personal obligations. When
you die and leave children, they
will belong 10 one OF two classes ::
either they will hold on to what you
leave them or they will lose it. II
they hold it, they Will be able to
pay their just share OF the cost IF
what you help build for their bene.
fl and Will thank you for the rrivi-
lege; If they lose what you leave
them, they will be free from any
burden, But can anything be more
just than that those who receive n
benefit should pay for it? But il
may be said that the roads, when
built, have to be cared for in order
to benefit those who come after us.
Certainly. Why not? Does the fact
that house has to be reprinted now
and then, and has to have new
roof occasionally, deter you from
building a decent home for yourself
and your family after you are gone
1t would seem to be a self evident
proposition, based upon natural