Crittenden record-press. [volume] (Marion, Ky.) 1909-191?, 1916-05-04
THE ROAD
BOND QUESTION

] ''N@N" ~ 49, AN9NiNAA' $500 $780, ~NN'
side OF a public question should be
discussed, is the reason that ! am
asking space in the RECORD
PRESS to present one side OF the
Road Bond subject.
think we would first try to I'M
derstand what it is we are asked
to do, our present condition, and
what we may expect to attain.
We are asked to bond our proper.
| ty for SI85, 900. 90, to rock part,
a very small part Of the roads Of
Crittenden county, notwithstand-
| ing the fact that we already owe
between $50, 900 and $40, 900, with
the tax rate up to the limit, These
two amounts would run consider
ably over 5000, 900. 90, and the in
terest $40, ooo.o 90 or more per year.
Do the farmers, earning their
bread by the sweat Of their brow,
working and toiling on the thin
hills and scant valleys OF Critten-
den county, feel that this would
be- no additional burden2 DO you
feel that YOU can spare from your
already small earnings, your pro-
portion Of this big debt, this mort
gage on the county, therefore on
your property
We have about 600 miles OF
road in our county. From the
best information | can get, this
would rock forty or fifty miles
probably one-tenth OF the mileage
OF the county, leaving nineteenth
Iol the roads TO be worked some
other way. The State Aid law re-
lquires the roads along the most
practical routes from county seat
to county seat, to be rocked first,
and, when that is done, land dc
not believe there will be enough tC
accomplish that much) there will
be very little or nothing for any
other road. When these roadi
are completed and accepted by tn,
state, tten the county has them L
keep up.
Now, you hear a great dea
about State Aid; that the state vii
pay half, and we can get from tn
state so much per year, and so on
The state does agree to pay halt
after we have built the road an
paid for it, audit has been accept
= ed by the state. But what amour
: she will pay each year, nobod,
knows, nobody can know, Tor tn
amount she is able TO pay depend
= upon the demands made on tn
State Road Funds, and nobod
{ knows what these demands will b
!, from year'to year. They may /
so heavy that the amount receive
= by any county will be very small
This State aid is also paid to Ii
counties in proportion to II
amount spent by them for roc
4 roads. Our assessed value
about $500, 900. 90.
IS The Fiscal Court is required
lie make an additional levy OF 90 cen
on the SIoo.oo to pay the intere
Is on and retire these bonds. .
y cents per $4,000 on the abo'
. amount would be s. 900. The i
'. terest on sIS5 10000 at 5 per &c
At would be So, $4,000. These bon
will not draw but very little,
k. any less than 5 per cent intere:
D. So you see we will not only n
be able to retire any bonds, /
he will not be able to meet the int,
es est with the twenty cent levy. Y
os will be paving $4,000 or mC
per year interest on our prest
N, debt and the bonds. None
At these bonds can run a shorter te
than FIVE years; consequently,
SITS will have paid out $4,000 to s.
Sa- 600 in interest before a single d
lars worth OF the bonds have bI
W. paid. How are we to meet th
obligations3 Where is the mo,
A. to come lromP Don't you
,ily that your taxes are already