The Anderson intelligencer. [volume] (Anderson, S.C.) 1914-1917, 1915-03-23

Valuable UilirinI Suggestions For
Everyone Interested in Good
Roads


'fr"hi The manufacturers Record.
\ most piarucai pihiicattn iS
'"ti''ih No loo ol inc hitcd states
" p'"titch' al arT!tti!infp. contrIhut-
'i by IN" nilice Q! rnblir rotG-. hcinr
i 'u!i. if..'!on ny s.iw:chc" J. Loves
'iHn .'aiiI' "" Glover o. data and an
'tai!SlS o. ct"noiuir !catnf' affect
i!s t" 'Siructl"n ana maintenance OF
thW;NS financed bH bond ISSUES.
i2-''.'T "iih The drte!opinep' OF the
~ c.s q! hi~nwaN bond calculations
'H .;itHo'iuri.Un tNu statement : mad.
jH", inc piaciiru OF n-u.rr bonds
.or hiahwhy, and hridG" runstr,i, ION
.H 'u'i!i. = ana ii'.ir auGuitisiu : has
h"t ono il.i" iirini!rlt. and iii >
ms, i ".i"l"rrr,i ~ ,he follow
rs
~ :" Cp.ni rs u' II. per cclt
&" 't, coaht's III th.a country.
'h'r.- "'re ont atandinr highway bond.
on SANITARY !, i'i ii l,r tot Al ,!iunni
"a snrh lmnds voted. ~ a-,".laiE"d
- n" C'irc oi n'.a.ic roads up 80 mat
'iar". "aS So; ,;....t.... ui which
township bonds alone amounted TO
SLID IFS. The amount u.e ouisia:ld-
ii- local 'iignway bonds on January
!'i WAS approximately :."2.on7.-
20 Tn.s anoui.t was Increased dur
Iae the year l?l': by current issues
'rici h' iow but WAS also slightly
'r"aSsd 'y maturing payments.
The county highway bond is cs-
Sr.t:hiiy municipal bond; that lis. Il
si0n': ISSUED by 4 public corporation.
SiatlSllcS indicate that all municipal
bonds are regarded a excellent i'll
Vc3lfncntS. anu are Frequently used by
banks as Il second reserve The
amount cf highway bonds issued is in
d!cat"d 10y comparison with the $1o.-
.il.6e" of irrigation and drainage
bonds authorized in the interval from
l?o, 10 H!2. inclusive.
The Drcgres.; OF the local highway
BOND movement is further indicated by
the diagram OF frs: issues for the
interval 1900 1913. Dates of first la-
sizes were reported. however. for only
-? counties. First issues for 1912 and
'"l' are practically complete.
During The past three years coun-
ty. district and township hiEhwa.
and bridge bonds We're voted as fol
lows: 1911. S2H.:oo.c22: 1912. ST.
022.iu:;: 1913. S50.I4J, ,1it-mak!ng Il
total OF Sill .6GS.i*I.
There haze also been voted State
highway bonds which total S15S..y0
900. The grand total Of all highway
bonds voted and rrpurtt,l to the Of
flee OF public roads to January l..
1911. is. therefore. Sii5.1f1 013.''
The bulletin presents diagrams.
han tone illustrations and statistics in
Illustration -of its text dealing with
the economic valu. OF the market
road. the cost of highway con 81 r,lction
anu maintenance. the methods of is
suing bonds and the total cost of
highways. 1t dwellS upon legal re-
S'rictions on bond issues and the need
Tor highway engineer. and. discussing
The advantage of bond issues, says:
the issuance OF highway bonds is
essentially Il method nf capitalzing
the resources of Il commcnity for the
r"riinte fc-cating improved high
ways. Th" fundamental advantage of
'!in bond plan is The construction of
good system Of roads "a, once. but
;ner" are secondary advantages in
; building roads in lcDg stretches and
N tho planning OF the maintenance
Of such roads.
the question is not merely whcth-
"r community shall incur debt:
il IS also question as 10 whether
ihc maNi.nn'n economic cricicnr. and
| ~" fu' dcvc!opmcn, of the public
"ra';h Will Il" bcs; promoted by using
! ,nh''" credit
Emphasis ha1 brcn placed in this
. rIbG0a':on o. Tho strictly mca cura bic
economic BENEFITS to Il community
'rGm roHd Improvement. There are
many additional economic bcnf;ts and
very great social benefits which are
/ 70 trcadilv measured Increased
! fchool and church attendance is
| s'1T:. IL rrnna."d Instances 10 me an
| imH"'i1'" consequence Of better