Perth Amboy evening news. [volume] (Perth Amboy, N.J.) 1903-1959, 1919-07-26
.BUGbEE TO SPEAK
HERE TODAY IN
TOUR Of COUNTY
Takes Up States Financial
Policy in Speech at New
Brunswick

State Comptroller Newton A. K.
Bugbee, Republican gubernatorial
candidate for nomination at the prim-
aries, will be in this city about 8
o'clock this afternoon to speak at O
meeting to be held on the corner of
Smith and Hobart streets. Mr.. Bug
bee is making tour of Middlesex
county at present in order to boost
his campaign and comes here from
New Brunswick where he made an
address at noon. He goes to Wood
bridge tonight.
In his talk at the county seat to-
day Mr.. Bugbee said in part:
Much has been said by the several
candidates for the Gubernatorial
nomination, criticizing the financial
policy of the State and, at the same
time, crediting me with financial
policy that could not be construed
from any of my public expressions or
statements.
I'm the Declaration of Principles
County Republican Committee, /
made the pledge that, If elected Gov
ernor, l would exert my utmost infu-
ence and energy in behalf of O f1nan-
cial policy that would provide all
necessary improvements and develop
ments for the State without, in any
way, increasing the present burden of
taxation.
III lHAe fl1cCidTdllOn OIL 1TulClpleS
adopted by the State League of Re-
publican Clubs will be found this
statement: We are opposed to any
further increase of taxation In this
state either direct or income.
"As most of the criticism has been
fired at the method of financing the
construction of the Interstate Tunnel
between New Jersey and New York
l will use the tunnel to illustrate what,
in my opinion, is the proper method
for financing great State develop
ments.
New Jerseys share of the expense
for the tunnel construction is approx
mately S6,000,000.00. Bonds should
be issued to that amount and those
bonds should be redeemed by, funds
accruing from the tolls to be charged
against the users of the tunnel. In
this way the tunnel will be built with
out any expense to the people of New
Jersey inasmuch as all persons who
travel between New Jersey and New
York have been, and are now paying
toll on ferry boats or other public
conveyors, they would be subjected to
no additional expense and would be
provided with q convenience the value
of which cannot be overestimated.
When the tolls have paid for the con-
struction of the tunnel and all
overhead charges in connection there
with it should be made free for traffic.
II may be asked why. in view of
such an opinion, was the bill intro
duced last winter by Senator Ed
wards, providing for a bond issue to
construcfa tunnel, defeated. The de-
feat of the Edwards Bill was in no
sense a disapproval of bond issue
for tunnel construction. The Edwards
Bill was defeated simply and solely
because of the State of New York de-
manded an immediate appropriation
of $1,000, 100000 to equal a similar ap-
preparation by that State in order
that contract might, then and there,
be consummated between the two
states that would insure prompt ac-
tion in the work of building the tun-
mel.
Had the Edwards Bill passed with
it's provision for bond issue, 1t would
have necessitated a delay until this
November to secure the referendum
required by the Constitution of New
Jersey in all cases of such bond issues.
In the event of the voters having rati-
fled the proposed bond issue there
would have been at least a delay of
one year and perhaps by that time the
State of New York would have found
some cause for additional delay. The
only advantageous thing to do was
to meet New York half way when
New York was ready. That the ad-
ministration did and consequently
there will be no delay in giving to
New Jersey this great developm ent
that is unanimously conceded to be
of incalculable benefit to the people
Of New Jersey.
Under the policy have outlined
New Jersey gets the Interstate Tun-
mel at the earliest possible date and
with nc, expense whatever to any per-
son or persons except those who are
financially benefited through its use."