Lincoln County leader. [volume] (Toledo, Lincoln County, Or.) 1893-1987, 1917-04-13
Phone 7OC3
LINCOLN CoUNTY'S
OPPORTUNITY

OPPORTUNITY
1t is estimated that Lincoln County
has Is billion feet of standing timber,
covering 100000 acres or over zoe
square miles, this at stumpage value
of S1.O0 would be worth $1S000G0000
or IL cut into lumber at an average
price OF $500 per thousand would be
worth orty four million dollars.
From the above figures it is easy
to ascertain that the actual timber
owners would receive about one eighth
of the lumber valuation and the bal
ance or seven eights would be paid for
labor and supplies.
AT the present time our big natural
resource, TIMBER, is in an absolute
dormant state, no sale, cutting or NOV
ing of this vast tonnage.
The tonnage, over three hundred and
fifty million tons, this would mean a
tonnage of say one hundred car loads
of lumber day for the c. & e. Ry., for
several hundred years or ship tonnage
daily of million feet per day for over
fifty years.
1t is very essential to move this tim
Der, to have it manufactured into lum-
ber and put upon the market, from the
fact that large percentage of same
is over ripe and is depreciating in
value and not increasing.
Now what can we do to help our
selves simply line up at the polls on
May 1st and vote yes for the improve.
ment of the Yaquina Bay Harbor by en-
larging both the Newport and the To-
ledo Port Districts; with this question
settled our assessable property in Lin
coin County instead of being approx
mately ten million dollars as it is to-
day, would be over twenty five million
dollars in the next two years, why be-
cause timber and farm lands would be
sold, Coast road would be built, a
Railroad built to the timber, saw mills
erected, logging camps in operation,
an enormous increase in our farm prod
ucts, home market at enhanced
values, no end to prosperity and plenty
for everybody.
Now as to taxes, with the increased
area of cur Newport and Toledo Port
Districts, the raising of $4lS0OO.O
to meet the Government expenditure,
of like amount, this on an assessed
! valuation OF $S7l1O00.C0 would place a
lien Of S4G.45 on every thousand dollars
with a yearly interest or tax of $3.50
per thousand at present valuation but
with the increased values this would
soon decrease and the additional nat.
; ural increase will take care of and pay
the bond issue q. maturity.
With the present population of about
seven thousand inhabitants in Lincoln
County no bunufacturing, poor roads
. poor markets and a general apathetic
atmosphere prevailing would it not be
; better my friends to so help ourselves
that we would have three TO five hun.
dred men working on the Harbor and
) Jetty improvements, have Railroads,
saw mills, and logging camps in oper-
aticn; immense increase in our farm
and dairy products, home market for
our labor and products and money
coming in and not continually going
out.
This would put us in direct with the
best markets in the world; the en-.
HANGED value of every foot of land, of
every foot of timber, every head of
stock in Lincoln County increasing our
population five to ten fold in a very
few years, looks to me my friends as
the step from poverty to plenty.
The Coast road will be of untold
benefit to the North end of the County
and the beauty Of all this change is
that the rancher, laborer and mechanic
gets the total benefit.