The Beaver herald. [volume] (Beaver, O.T. [Okla.]) 1895-1923, 1919-02-06

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nsesssefs ~ the legislature ~ tDtk
hs,sses 1nSlesss a sertts.snt IN favor
of ,hs sDgss bilj shleh divides the az
in0s1fy. vbils gs>2f roads nls1 from
ssrfoas sections os the Efzts sb0 are
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framing ss1 pushing the measure.
are openly sgct<f1lnz ~ SOnse of
fbss< 0gso fszxe TIE claim tina. a blII
eArrying sssk "a D0fHnOns sgm 10 be
placed ~ the hands of aIy oDs nsza,
REGARDLESS of whom be may be- will
NJ be ratified bY the votes 0f ths
peoDis when u IL checked ~ 70 them
IN = special election,
t,Oih bill proyiGs for the Issuance
~ the bonds IN blocks az follows:
5000, ,g0G,00 for the frst year ss,-
900 900. 90 for the secOnd year. si0,-
900. .0O0.0G for the third year; siz.-
00G. 10000 for the fourth year. and
sI5. 900. 10000 for the nfth year. The
bonds viii bear Interest not greater
than ~ per cent, the interest 10 be
cir 10 accrue when they are lssBsd.
Governor Robertson stated 10
meeting of good roads enthusiasts al
a. L.
Oklahoma City early In January that
this hugo som could be spent without
costing the tar payers any additional
money. that the bonds would be
.ssued In series ana paid OF a. the
rate Of $4,000 10000 per year for Is
years, and that the automobile tar
and gross production tar on oil and
mining would take care Oi N.
The income from automobile taxes
for The year ending June 20. 1918.
was syI,G7s.519.4D. Cost 10 state for
collection of same. tfG7. .s5z.zG, Ieay-
Ing q net collection rsmitted back 10
the counties of f370.gg7.13. The
gross production tar on oil for the
year ending June 80. 1913. was 49,
s55.2J4.31, making q total available
fund OF 1883 ,3z1.41. Figuring that
the Inevitable reduction Of the gross
production tax will be- made up by
ths Increase In the automobile tar.
We will have fund In 20 years Of
fi26.7Is .037.zG. On 10000
10000 &c year bond issue M AZ re.
cent the interest will amount 10
t2o. 1855 10000 providing the bonds
are paid Off at thc rate OF $4,000
10000 annually. making q total Of
s7o,g55.00.
Up To the present time the gross In
come from oil has been used In help
Ing 10 defray the regular state ex-
pense. which In tbc last nscal year
amounted 10 more than $4,000
0O0. 90, therefore the direct tax to the
people OF the state was reduced that
much. The automobile tax fund has
been remitted back 10 the counties
from which II originated to be used
In maintaining tho present roads. The
fund will also have 10 be made up In
dierect taxation or the roads Will be
neglected. For be- II known. that
paved roads will be- few and far be-
tween. even though the entire @bO.-
900. 10000 In judiciouHiy expended In
building them.
There IN 10 be another fund pro-
vided that TO date has not been mon
toned and will not be mentioned by
those seeking this huge appr0pria-
tion, and that In for the maintenance
of tho roads. In a twenty-five year
period tho cost OF maintenance will
cauaI the original cost OF construction
$50, 900. 900. 90. This sum must be
provided for or the original invest
ment will have been wasted.
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