Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-01-15

The Grange of Maine is keeping
strides with the State Highway De-
partment and the Patrons of Hus-
bandry are keeping fully informed
upon the questions which are today
confronting the road builders and
the road improvers of the Pine Tree
State. Such facts We're clearly en-
pEasized, when the fourth annual
two days session of kennebec Pc.
mona was opened, Wednesday at the
City Hall.
The day was devoted largely to the
reading Of communications upon the
proposed bond issue for the State
Highway Commission and a feature
of the afternoon session was a talk
by Paul D. Sargent, chief engineer
of the Maine State Highway Com
mission, in which he outlined three
schemes presented by the Commits
sion in securing immediate funds for
continuing the Maine road work.
Officers Elected
The election of officers for the
year was the chief business OF the
morning session. The following off,
GERS were elected: Master, Merle J.
Hartman of Readfield; Overseer.
Ernest Oliver of Oakland: lecturer,
Arthur Gleason Of Oakland: steward,
Joseph H. Moore of Winthrop: as
sistant steward. Lester L.ongfellow
of Farmingdale; chaplain. Harriet
Knowles of North Augusta: treas
urer, E. T. Clifford of Winthrop:
secretary. Frank Collins Of West
Gardiner: lady assistant steward,
Emma Longfellow of Farmingdale;
Pomona, Helen Hartman Of Read
field; Ceres, Viola Oliver Of Oak
L. ha Mnnrn If VIM
throp; executive committee member
to serve three years. George Nit
chell OF Oakland.
Merle j. Hartman Of Readfield,
the reelected Master of Kennebec
Pomona is presiding at the sessions.
There was a very good attendance.
at the opening session, Wednesday
morning; about $50 we're present
Wednesday afternoon and the We'd
nesday evening session was also
very largely attended. Much inter
est is being manifested In this event.
The Thursday morning session will
be held at the City Hall and the
Thursday afternoon session will be
held at X. p. Hall on Water street.
On Wednesday noon the visiting
Patrons enjoyed dinner at the q. A:
r. Hall and they will also be served
there Thursday noon.
Chief Engineer Sargent
From the questions which are ask
ed and the keen interest demonstrat-
ed. it was most evident that the
Kennebec Pomona members are
much interested in the State High
way bond as proposed and as out
lined by Paul D. Sargent, chief en-
rineer of the State Highway Com
mission.
In outlining the three schemes
which would make available imme-
date funds so that the State high
way work will not be held up, Mr..
Sargent. stated:
1.-THE Commission have prepared
three schemes for 100000 issue
Of highway bonds. bonds to be is
sued at the rate Of $1,500,O00 each
year for six years. One scheme calls
for the bonds to be retired serially
in Is years, the next scheme for
bonds to be retired serially in 20
years and the third for the same
amount of bonds to be retired ser
iallv in 25 years. For 100000 to
be retired serialIy during Is years
the interest charge will be $2,SS0,0OO;
during 20 years the interest charge
will be $3.7S0,000: and II the issue
II retired through rs years the in
terest will be $4.6S0,000. These In
terest charges, compared with the
interest to be paid on the highway
bonds now outstanding, show the
very great advantage and the de-
cided economy in having short-term