The Aberdeen weekly. [volume] (Aberdeen, Miss.) 1878-1933, 1916-04-21

ed by some OF being opposed to good
roads on that account. This is not
the case; ! would like TO see better
roads, but not the bond issue way.
l have thought quite a lot over this
matter. Bnd the more | think the
more l oppose il. Let us see what
our preliminary expenses would he
before we could even start building
the road.
First, il would cost 5000 10 have
the bonds written. Second, a civil
engineer would cost at least $3.50.
Third, three road commissioners
would cost $500. Fourth, in straight
ening the roads the right-of-way
would cross cultivatable lands and
woods in places. damages would
have to be paid; trees. etc, would
have to be dug up, this would cost
a good little sum, adding all these
items together you could say at least
$5, 900 of the $35 900 would be gone
and not foot OF road graded. This
would leave $4,000. In advertis-
ing the bonds you no doubt noticed
the first bonds were to mature in
ten years. III we put $500 away
each year az n sinking fund at the
end Of ten years we could pay $5 900.
II we could loan the $500 deposited
each year at per cent, interest, we
could pay 1,l25 with the interest
at that time, making total of
6,125. During this time we have
paid $l9, $50 interest, nearly four
sevenths az much ar we borrowed.
Now take the So, 125 from $50 900,
compute the interest on the remain
der, take the difference between the
taxes collected and the interest and
maintenance each year, have your
bonds written so every dollar left over
after the above named expenses are
paid this would leave no money To
let out on interest; at the end of %
years we would still owe around
$4,000. do not believe we could
pay II that Inst but lct that 10 lor
argument sAkr. Dining tIln MI yeai#
ws'bave paid nuftine "a ia tsail
Numbers. $y7 .00o. Interest @2 900
more than the loan; We siill owe
over $4,000. During this timo We
have spent $4,000 in all-$375 of
ii each year for maintainance, or
SD, 1915, say $4,000, take the $40
600 from $40 900 and we have 500
600. Now we had $50, 900 that ac-
tually went on the roads and we still
owe over $4,000. OF what you might
say We have $4,000 worth of good
roads paid for and $4,000 worth
we still owe for. You can see we
have paid $50. 900 for 800, 900 worth
Of roads, in other words, 1-3 of each
S1.OO spent actually reaches the
road. We have given the poor fel-
low that bought the bonds $4,000
/ believe the people are willing TO
work the roads themselves, as / first
suggested, but if nothing will do but
TO raise the taxes il would be much
better to have the contractors work
their separate roads according 30
specifications let the SUPERVISOR
take the So, 800 each year, give the
tax payers of the second district
$3.50 per day for team and driver,
work the worst places. and at the
end OF 25 years we would have $70,-
300 worth of good roads paid for
and all the money among the citi-
zens. In other words, we could pay
these taxes in work. Another thing
10 be considered, is "A contractor gets
no less than So per day for each
team and did $50. 900 worth of work
part paid and part unpaid, or 5000
days work. The other way, allow
ing the same $4,000 for mainten-
ance. we would have 100000 at
$3.50 per day or "a 900 days work,
six times az much, the $35 900
would only be starting point, YOU
cannot tell what the end would be
or who would own your lands in the
next ten years.
say we are not able TO give all
this money to some disinterested
party, and If there is no other than
the bond issue way, we had better
let good enough alone. We have
been marketing all our produce and
will continue to do SO. The idea OF
L. - II