The gazette-times. [volume] (Heppner, Or.) 1912-1925, 1917-03-15
PROPOSED ROAD
BONDS DISCUSSED
Sentiment of Heppner Commercial
Club FavOrs Six Million Dollar
Bond issue. G. Clark of
Arlington Gives Address.

Inc meeting or Heppner CONNER
cial Club was well attended on Mon
day evening, interest being aroused
by the announcement that there
would be an explanation of the road
bonding bill by Representative C. c..
Clark of Gillian county, who was a
member Of the committee in the re-
cent legislature having that question
in charge.
Mr.. Clark was present and ad-
dressed the meeting at some length
on the subject and also answered nu-
merous questions put to him regard
ing the bonding bill that is now be-
fore the people of the state to be
voted upon the 4th of June. Mr..
Clark went into the subject quite
fully and made many points in the
bill clear. He strongly favors the
passage of the bonding measure and
is a sincere and enthusiastic booster
for the entire good roads program
and will work earnestly for the So
100000 road bonding bill He is
also an enthusiastic member of the
Arlington Commercial Club, and
made it clear to the members of the
Heppner organization that his club
stood ready to work with us in get
ting the Columbia Highway properly
routed through this county. They ex-
pect to work hard to have the road
come up the river to Arlington as
provided in the bonding bill and will
gladly join with Heppner in getting
the extension up Willow creek should
our people decide that they want to
comply with the requirements of the
law after it has been approved.
We cannot set out in full all that
Mr., Clark had to say, but as he
claimed that the auto tax and the
one-half mill road tax as provided for
in the Bean-Barratt bill will pay the
interest on the bonds and also pro-
vide for the sinking fund to retire
them as thaysnatnre. we give here
with figures recently secured by w.
l.. Thompson, member of the State
Highway Commission and published
in the Pendleton Tribune of Monday
wherein this point is fully covered:
I'm view of the doubt expressed as
to whether the automobile license
money and road tax would take care
of the principal and interest of the
bonds which are proposed to be is
sued for the construction of a state
highway system, Richard Mayberry
of the American National Bank has
prepared, at the request of w. l..
Thompson, member of the COM
mission, statement showing that
these revenues will amply take care
of the payments of interest and prin-
cipal.
Mr.. Mayberry figures that, II the
bonds are retired annually beginning
with the end of the fifth year, the
sinking fund to earn per cent dur
ing the first five years, 1t will require
S5O2,000 a year to pay the interest
and provide sinking fund to retire
the entire bond issue. This includes
not only the $6.0O0,OO0 which would
be authorized by the measure which
has been feferred to the people, but
also the $1.S00.000 which is to be
raised by the Bean-Barrett bill
"The license fee for automobiles is
doubled over that of last year and
twice the amount raised from this |
source last year, together with the
amount raised by the quarter-mill
road tax, will bring in S525,O00 a |
year, considerably more than the
amount needed to retire the bonds"
= There was much discussion of the
question following the address of Mr.. |
Clark and many and diverse views
expressed, but our people are becom-
ing interested in this bonding issue
and are determined to get down to
the bottom of all facts pertaining
thereto in order that they may be
able to vote upon It inteligently when
the time arrives for casting the bal
lot We will say that Mr.. Clark's |
presentation of the road question |
shows that he has given it much time
and attention and has gone into the
merits of the problem quite thor
oughly.
Following the address of Mr.. Clark |
vote was taken which records the
Heppner Commercial Club as being in
favor of the adoption of the road
bonding measure.
A committee consisting of S. e.
Notson, Geo. Aiken and ]. L. wilkins
was appointed by President Sweek
to act in conjunction with a like
committee to be appointed by the
Farmers Union of Morrow county to
consider and report at an early date
upon the feasibility Of forming a
Good Roads Association.
The following committees for the
year we're then announced by the
president:
Executive commfttee-C. E. Wood
anu N,o. T,J,op,cop oud M =