Daily capital journal. (Salem, Oregon) 1903-1919, 1914-02-20
SOME FIGURES AND SOME SATISFACTION.


proposed bond ISSUE and commenting the ndi-
vidua would be required pay very rashy tackles the
mathematical side of the proposition Mathematics is
exact science and should not be monkeyed with by the unwary
for being exact compe exact statements and these not
within the scope of every editors abiyon subjects.
In order to point out few few of the errors and also to
phasze the danger ro faces in acng figures and to avoid
the possible charge of msquong print the Satesman ed
toral in full thus also doing kindly neghbor and
giving his idea publicity would otherwise obtain
The editorial is a follows:
"In an interview with County Judge Bushey in the States
Of yesterday pointed out that the increase in
taxes pay the interest the proposed road bond
issue would be O05 mills annually and that one pays
$40 year taxes in Marion county, his additional tax would
be about cent and half year. and in twenty years he
would pay total of not more than 80 cents So if one pays
$0O now his increase the first year would be 5 cents and
the one paving 5000 taxes now there would be an ad
dona charge of 30 cents now and for the twenty years.
So. Or it would cost the paying $1,000 taxes
$5O additional the first year. and $50 in twenty But
these figures based upon present assessed valuations
With permanent highways the property valuations in Ma
rion county will increase very fast that the $40
would get off with about Is cents for the twenty years. and
the $1,000 with about $l.50 And for this amount he
would have good roads, and would transmit good roads
his posery For Is cents the $40 man would help in vastly
increasing the earning capacity of all land in Marion
ty; in making for higher and better civilization, and in
thousand and raising the standard of living This
would be satisfaction to the $40 that would be worth
million times his 10 cents Transportation is the art of
getting things from where they plentiful to where they
needed and upon this basis is buded all and
all civilization. The underlying necessity for the best sys-
tenn OF transportation is the good from the farm to the
market town the railroad That is what makes earning
capacity for farm lands And earning capacity is what
makes values for farm lands Marion county is the second
richest in Oregon, and is capable Of producing dollar for
every fvecent piece produced This be done only
with the aid of good highways for there must be markets to
justify increase Of products and there be available
markets without roads, and the better the roads the
valuable the markets"
The assessed valuation of all property in the county is $43
and the total tax $996860 This makes the average tax
for the county 23 miles In the city il is and varies
somewhat in the different districts owing special road taxes
etc. but this will do to make few figures on cursory exam
inaton of the Statesmans figures will show that the writer
tad amounts the bond tax would increase taxes not from
the assessed valuation but from the amount of tax The man
who paid $40 would have been assessed counting cents
$685. and the amount required pay the extra mil
and half the article sates the added the amount the
paying $40 tax would have pay would be 65 cents
matter Of fact the amount necessary meet the annual yearly
payments would be only about mill and the interest charges
for while at least would require another MILL which wouC
make the $40 man pay instead of cent and half additional
cents Instead of paying 80 cents 20 years he would pay 3
which submit difference and top of this he woC
pay nearly $40 interest but call ST. and the amount 500 in
stead of 80 cents
The paying $1,000 taxes would of course pay 100 times
much the paying $0 and his bill would be increased
$675O and the total tax he would have pay would be $3.50
and with interest added he would pay $4,000 the 20 years
instead Of $50, as stated in the Statesman.
According to the table worked by those in charge of th
bond issue and in which they add $0O000O the
valuation Of the county yearly which is fair but which changes
the above figures somewhat the bonds would require an average
tax levy Of and onehd mills tai tax levy of abou
% mills but this allows for steadily increasing valuations Oh
the present valuations the above figures approximately cor
rect According to the tabuaed statement above referred
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