Daily capital journal. (Salem, Oregon) 1903-1919, 1919-05-24

people OF WuhflON county 10 not tuOT-
oughly understand the market roads
measures that are to be voted on at the
June election, and which mean so
much to the future prosperity of this
section of the state.
The Marion county market road bond
measure provides for the issuance Of
bonds to the amount of $S50,000 for
the building of market roads in Marion
county, under a plan formulated by
County Judge Bushey and the county
court and approved by the good roads
committee, il is proposed to enter on a
five year program Of road construction
that win give Marion county 100 miles
Of paved roads and 80 miles of high
gravel, or macadam roads, making a
total cf $50 miles Of improved roads to
be completed within the ensuing five
years. The paved roads are to cost ST.
100000 and the gravel, or macadam
roads 100000, making a total expen-
diture of $l,700000 pr double the
amount of the bonds that are to be
voted. In brief, the plan is a fifty
fifty (half cash and half bonds) one
that should appeal to ali fair minded
advocates Of both systems-to those
who believe that the roads should be
built by direct tax and TO those who
believe that they should be built by
bonds.
Bonds Sold as Needed
Judge Bushey aud the county court
have announced that the bonds will
be sold in yearly installments as need
ed, only SO much thereof being issued
each year as can be economically ex-
pended by the county with its own
road equipment and paving plants. By
this method the interest charges will
be kept down to the minimum. They
have also announced that they will
match every dollar of bonds with a
dollar from the county's regular funds
and that this can be done without add
lug to the county 5 taxes any more
than the six per cent annual increase
that is already the custom. For exam
pie, If the court should sell $l50,000
of the bonds in 1920, they would spend
$780, 600 on the market roads; If they
should sell 100000 of the bonds in
1921, they would spend 100000 ON the
market roads, and 50 on until the en-
tire five mile program of $50 miles of
improved roads is completed. Roads in
outlying districts not included in this
program will be cared for substantial
ly as in the past.
By this plan each road described in
the election notices will received double
the amounts that are shown thereon.
Thus, Road No. l, commonly known as
the jefferson and Green s Bridge road,
which gets $l2,sl0.lO from the bonds
viii get an equal amount from the coun-
tvs regular funds, making q total of
Sl25,620.20 for improved roads; and ev-
erv one of the "a roads described in the
notices will get twice the amount Of its
bonds in the same manner.
Another feature Of the court S plan is
that each market road district of
which there are ten-gets back all of
the bond money that it pays in, besides
"A part Of Salem 5 share, the legal desig-
nations Of the bond election providing
that no part of the amount of the bonds
paid in by Salem-about one-third of
the entire issue-can be legally expend-
ed within the city limits Of Salem. How
this will work out is illustrated by the
following concrete example taken from
the schedule worked out by the county
court:
Silverton Mt. Angel-Scott' Mill =
seetion-Amount paid in, s240,439;
money contributed by Salem. ~sss9,4;
total smount Of section, s2s50l3. This
is the fairest and most equitable distri-
button Of road bonds ever devised in
any county Of the state Of Oregon up
to the present time.
When Payable.
The law provides that four years aft
er the first of the bonds are sold pay
meut of the principal must begin, I'D
that payment be Continued each year
thereafter at the rate Of $4,000 a year
until the entire ssJ0,000 bond issue has
been paid off. Therefore, IL the first
bonds are sold in 1920 retirement Of the
bonds would begin in 1924 and end in
1888 with equal yearly payments-oHly
the interest being payable during the
first four years.
Interests on the Bonds.
The interest on the bonds from first
to last based on the plan Of install
ment issues worked out by the county
court. viii be less than 100000 and
will be much more than met by the
county 4 share Of the auto tax. wa1en
the last legislature provided "shall be
used for the payment Of interest and
retirement Of ans bonds that may have
been issued. OF which may hereafter be
issued by the eoaniy for the purpose Of
road construction and improvement.
Since Oregon 5 first state auto license
aat HeAi ihfs effect the rumbcr u eHiz
has increased at the rate Of 80 per cent