«
PRESENT AUTO AND GAS FEES WILL PAY
INTEREST AND PRINCIPAL OF $40,000,000 ROAD BONDS
MONMOUTH
Mrs. Levi Joy had the misfortune
to fall Tuesday morning and suffer
Approximately $40,000,000 of state road bonds can be issued under a ed a broken wrist as a consequence.
4% limitation on the present assessed valuation of the state, including
Jacob Raab, long time resiuent of
bonds already issued. The constitutional amendment to be voted upon
the Mistletoe setjtion northwest of
at the M ay 21 election provides for this 4% limitation.
Monmouth died at his home there
Interest and principal of the entire $40,000,000 of bonds can be paid last Monday. He was 77 years of
from revenues from auto license fees and gasoline tax, based on conservative age was born in Ohio.
estimates of that income.
Following is an official estimate of the income to the State Highway
Fund from auto license fees and gasoline tax, compared with interest and
principal requirements for the entire $40,000,000 of state road bonds.
This table has been audited and certified by Whitfield, Whitcomb & Co.,
certified public accountants, whose attestation is subscribed below.
It verifies the claim made that voting for the 4% state road bond limitation
will not involve any tax on property, as principal and interest will be paid
from the auto license fees and the gas tax, leaving an actual surplus above
the amount required.
During the disability of J. V. Web
ber, due to the fall he took two
weeks ago, work on the razing of
the Maples has languished but last
week a number of Odd Fellows got
together and finished the work.
Dr. W. W. Butler, son of Mr. and
Mrs. J. B. V# Butler of this city, has
received his appointment as sur
geon
in the medical corps of the U.
OFFICIAL TABLE
Statement ot Estimated Income to State Highway Fund Compared With Intereat S. army, with the rank of major, ac
cording to word received here re
and Principal Requirements to Carry $40,000,000 Bonds.
cently.
Y ear
Estim ated
N um ber
o f M otor
Vehicles
1920. . 105,000
1921. . 125,000
1922. . 143,000
1923. . 158,000
1924. . 170,000
1925. . 180,000
1926. . 185,000
1927. . 190,000
1928. . 195,000
1929. . 200,000
1930. . 200,000
1931. . 200,000
1932. . 200,000
1933. . 200,000
1934. . 200,000
1935. . 200,000
1936. . 200,000
1937. . 200,000
1938. . 200,000
1939. . 200,000
1940. . 200,000
1941. . 200,000
1942. . 200,000
1943. . 200,000
1944. . 200,000
1945. . 200,000
1946. . 200,000
1947. . 200,000
1948. . 200,000
1949. . 200,000
M otor Vehicle
License Fees
N et Incom e to
State H ighw ay
F und
Gasoline Tax
N e t incom e to
S tate Highway
Fund
to ta l A m ount
Estim ated
incom e to
S tate H ighway
F und
$ 1,575,000.00
1,875,000.00
2, 145,000.00
2,370,000.00
2,550,000.00
2,700,000.00
2,775, oOÜ.ÜU
2,850,000.00
2,925,000.00
3,00 Ü ,000.0 i
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
3,000,000.00
$ 525,000.00
625,000 00
715,000.00
790,000.00
850,000.00
900,000.00
925,000.00
950,000.00
975,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000 00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000 00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000.00
1,000,000 00
1,000,000.00
1,000,000.00
1,000,000.00
$2, 100,000.00
2,500,000.00
2,860,000.00
3, 160,000.00
3,400,000.00
3,600,000.00
3,700,000.00
3,800,000.00
3,900,000.00
4,000,000.00
4,000,000.01
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00
.4,000,000.00
4,000,000.01
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000 -U
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00
4,000,000.00
Surplus Re
in te re s t and
m ail.ing A fter
Principal
P aym ent of
R equirem ents for
In te re st and
$4 0 , 00 0 ,0 0 0
Principal
Bonds
$ 494,850.00
1.043.250.00
1.393.250.00
1.679.750.00
2.007.340.00
2.677.617.50
2.957.367.50
3. 149. 180.00
3.329.742.50
3,429,05 J . O 0
3.396.842.50
3,308.392.5 C
3.219. 942.50
3. 131.492.50
3.043.042.50
2.954.592.50
2.866. 142.50
2.777.692.50
2.689.242.50
2.600.792.50
2.412.342.50
2.327.892.50
2.218.442.50
2.068.492.50
1.845.952.50
1. 161.475.00
793,275.00
513,012.50
24-1,000.00
56,237.50
$1,605,150.00
1.456.750.00
1.466.750.00
1.480.250.00
1.392.660.00
922.382.50
742.632.50
650.820.00
570.257.50
670.945.00
603.157.50
691.607.50
780.057.50
868.507.50
956.957.50
1.045.407.50
1.133.857.50
1.222.307.50
1,310,757.5
1.399.207.50
1.587.657.50 LATEST MAXWELL MODEL
1.672.107.50
PLEASES AUTO EXPERT
1,7*1,557.50
1.931.507.50
2.154.047.50
(By C. L. Rreeman)
2.838.525.00
Being
in no way responsible for
3^06,725.Ou
3.486.987.50 the Maxwell car as it is built to
3,756,000.00 day and consequently not open to
3.943.762.50 the accusation of touting my own
OFFICIAL EXPLANATION OF TABLE
Column 3 represents the net income to the State Highway Fund from motor vehicle
license fees (Chap. 399, Laws 1919). The 1920 registration figures to date obtained from
the Secretary of State’s office indicate an average license fee of twenty dollars ($20.00)
per vehicle. The law provides that twenty-five per cent be returned to the county from
which the vehicle is registered, therefore the net income per vehicle to the State Highway
Fund is approximately fifteen dollars ($15.00) per car which is the figure used in com
puting Column 3. The administration expenses of the motor vehicle law will be met from
the receipts from motorcycle licenses, chauffers’ badges, transfers, etc.
Column 4 represents the income from the Gasoline Tax (Chap. 159, Laws 1919) to the
State Highway Fund. Figures obtained from the Secretary of State’s office indicate the
average tax per vehicle in 1919, was approximately five dollars ($5.00) and this figure
has been used in computing Column 4.
Column 5 is the total amount of the motor vehicle license fees and the gasoline tax
based on the estimated number of vehicles as shown in Column 2.
Column 6 is the amount required each year to pay off the interest and principal at ma
turity of State Highway bonds up to an estimated amount of $40,000,000 (the approxi
mate amount which could be issued with a 4 per cent limit on the present assessed valua
tion u t the ;,tate. These figures are based on these premises: T h at the balance of the Six
MiBBin Dollars Bonds (Chap. 423, Laws 1917), the State Co-operative Bondi $1,800,000
(Bean-Barrett, Chap. 175, Laws 1917), and the Ten Million Dollar Bonds (Chap. 173,
Laws 1919), now unsold will be sold during the year 1920. Also that further bonds will
be sold as follows: 1920, $5,000,000; 1921, $5,000,000; 1922, $5,000,000; 1923, $5,000,000;
1924; $2,200,000; a total of $40,000,000.
All of the bonds thus far authorized are serial bonds and, except the Bean-Barrett
issue, mature one-twentieth each year after the fifth year. The Bean-Barrett issue matures
$100,000 each year beginning with 1922. The Six Million and Bean-Barrett issues draw
4 per cent interest. All other issues 4Mt per cent.
Column 7 shows the surplus estimated to be available each year after meeting obliga
tions for principal and interest.
The One-Quarter Mill Tax (Chap. 257, Laws 1917) on the total assessed valuation
of the state is not shown in this table as an asset of the State Highway Fund as this fund
is used principally to meet administrative expenses, surveys in the various counties, en
gineering supervision of county construction, and design and inspection of county bridges
and structures.,
________
\VE HEREBY CERTIFY that we have examined the official records of the State of Oregon
as regards Income from Motor Vehicle licenses and Gasoline taxes and believe the
estimates above set forth in columns 1 to 5 , both nclusive, to be conservative. Wt
further Certify that based upon these estimates the tabulations set forth above it
columns 6 and 7 are true ana correct.
WHITFIELD, WHITCOMB & CO.
’ S E A L ’
Certified Public Accounts tr.
Portland, Oregon, April 14 , 192 &
had left the factory to join their
MAKE 500,000 FORDS
IN HALF YEAR three and a half million brothers
When the first six months of the
Ford Motor compuny fiscal year
ended January 31st, more than half
a million of the sturdy little Fords
Monmouth is premised a new fra
ternal organization shortly, the But
ton Busters, which is expected will
be organized by Odd Fellows with
ten members thereof as charter
members. Tht Button Busters be
lieve that ordinary life is too gay
and festive and they plan to put a
crimp in the general tendencey.
Black crepe and evergreen wreaths
will constitute the regalia of the
new lodge; the master thereof will
be seated in state during the ses
sions on a cake of ice and one of the
officials is an official tear jug cus
todian whose business it will be to
relieve his fellows of superfluous
moisture.
and sisters on the world's highways.
And Hie Ford officials express con
fidence in their abilty to turn loose
the other half of the million by
July 31st, when their year ends.
T h e r m o id Grolide Compound T i r e s
The most costly built casing in America at a reason
able price.
6000 miles guarantee.
7500 miles Ford Sizes
Tires have raised 15 to 20 per cent in the last month.
We have some left at the old price.
Come in and look at the Thermoid tires before buy
ing a new tire.
THERMOID CASING MUST MAKE GOOD
OR WE WILL
H A L L A D A Y «Sr JL JS T IIN
MOTOR CAR REPAIRING.
Independence Vulcanizing Shop
NOW OPEN
Repairing of Tires and Tubes and Adona Tread
Work Our Specialty. All work Guaranteed.
M. J. O’DONNELL, Prop.
aciiievements, I can speak of it more
frankly than can those other mem
bers of the organization who had a
hand in its develcpement, design
and marketing.
Tite Maxwell is one af the best
light cars built in America and ev
ery man concerned in building or
selling it has every reason to be
proud of his connection. From the
standpoint of simplicity of construc
tion, weight reduction and ease of
control this car compels admira
tion, and frankly it was a complete
and pleasant surpriso to find such
to be the case.
The man that expects more auto
mobile for his money than he gets
in a Maxwell won’t buy this year—
or next—for it isn’t to be had. Im
provements will from time to time
be incorporated in Maxwell, cer
tainly, and this same statement is
true of all other cars, but the im
provements in some of the other
cars are going to lie in the adop
tion of some of the things that Max
well has now. To be specific, here
are just two out of the many—
clutch and hot spot manifolds.
At the same time the designers
have avoided extremes—the motor is
large enough so it does not have to
be run at excessive speed; it has a
conservative compression pressure
and an oil pump big enough for two
motors—all bear evidence that the
ambition to accomplish the maxi
mum results with the minimum
amount of metal has been tempered
with discretion and good judgment.
As to material and workmanship,
big production demands the best of
both. Parts must go together in as
sembly as there is no time to file
and fit them by hand and this ne
cessitates their being made right in
which is largely steel in one form
or another, none but the very best
for the purpose for which used can
be tolerated, as several hundred
cars a day is too big a proposition
to take any chances with.
PIANO'S GOOD POINTS
i3iá4áé.AaAAiáa.AAAttAAAá*áAÍt lAi>aA,.UHa.Ai AAt àA. L. l Al ULUi t «. ^TAt
AAui i ukEi
Cut Your Gasoline Bill
The proper adjustment of the float level
and spray needle of your carburetor may cut
your gasoline bill in half.
The driving season is just ahead of us.
Now is the time to have us give your Ford
a thorough inspection and to make those ad
justments which will save you dollars during
every driving month.
EXCLUSIVE FORD AND FORDSON
REPAIR SHOP
Insist on Genuine Ford Parts.
AUTO EPITAPHS.
This grave you see
Is Ezra Paine’s;
'Twas raining and
He had no chains.
WHAT’S IN A NAME?
“ Is that dog of yours vicious?’’
asked the timorous person.
“®h, no,” replied the owner of a
ferocious looking brute that was do
ing his best to break the leash at
tached to bis collar. “Why, this dog
was named after a friend of mine,
one of the gentlest men who ever
lived.”
“That doesn’t mean anything to
me. Nearly every day George Wash
ington is haled to court charged
with violating the prohibition law,
petty larceny or some other offense.
Just looking at your pet, I don’t be
lieve he lives up to his name, either.”
—Birmingham Age-Herald.
PLANTING STRAWBERRIES
It is estimated that there will be
one hundred acres of strawberries
planted this year in Polk county
near Salem.
AT THE ISIS NEXT WEEK.
Berenice, the Italian girl played
by Anita Stewart in “Human De
sire" which will be shown on Sun
day afternoon, evening and Monday
night, is placed in the painful situa
tion of being taken in by a married
artist, made his model, given an
adopted baby to care for, and then,
in his absence, being accused by
his wife, who has been away, of
improper relations. This charge j woman.
leads the girl to,leave and hide her-' For Thursday and) Friday nights,
self in New York. The Italian girl “The Midnight Patrol." In the
left Italy, where she had spent her story Wu Fang, a notorious Chi
whole life in a convent for the pur nese, is plotting with Jim Murdock,
pose of finding in America the suf corrupt politician, to keep the police
fering babies of whom she had been j from interfering on a night when a
told. Persuaded to pose for the art : big shipment of opium is expected.
ist, a child in her arms, she grows to | The only man they fear is Terrence
love the baby so that the artist, who | Shannon, sergeant of the Chinese
is separated from his wife, obtains vice squad. In order to keep Shan
a child from a home to satisfy the non from conducting a raid, Mur
big desire in the heart of Berenice. dock issues orders to have Patsy
After he finds the girl gone the art O’Connell held captive. Patsy is a
ist begins a sarch which at last is young woman who has charge of the
successful, and the picture comes to Chinese mission house. Murdock
a happy ending.
notifies Shannon that Patsy is be
Thomas Dixon’s screen master ing held captive and that she will
piece, "The One Woman" comes on be harjned unless Shannon keeps
Tuesday and Wednesday nights. away. Surpjsse after surprise, thrill
Aside from the mammoth sets and after thrill happens until the end.
stupendous scenes, and the num It is one of Ince's best.
ber of people employed,/ another
The big Saturday night show
feature of the picture places it at consists of Frank Keenaa in "Gates
once in that class which few film j of Brass," a good comedy entitled,
productions enjoy today—that fea j “Spring Fever" and Ford Weekly.
ture is the all star cast. Each and
To Whom It May Concent:
every persors in the important roles
in the cast of this picture has at one
Notice is hereby given that the
time been starred or featured in big
productions. The characters of the firm of Moore & Walker Furniture
story are few, but vivid. The at Company, of Independence, Oregon,
mosphere is wonderfully well done, has this day been dissolved by mu
tense and vibrant with the jangling tual consent and with the best of
discordant note, the misery, in feeling—Mr. Dean H. Walker retir
justice, cruelty and hopelessness of ing.
Mr. A. C. Moore has acquired the
the life of the metropolis. There are
few scenes in fiction more enthrall assets of the company and assumed
ing than that in which Gordon all its obligations and will continue
breaks the news of his new love to the business in its present location
his wife, and in which they part. under the name of Moore & Addison
Into these are embodied all the Furniture Co.
pitiful horror of the crumbling
Dated April 1st, 1920.
household gods—the breaking heart
A. C. MOORE.
of the wife—the wondering and lov
DEAN H. WALKER.
ing innocence of the children—the
cadishness, vulgarity and brutality
Have yourself and auto insured
of the man with a flame for another J. W. KISTLER.
Did You Ever Get Left?
You probably will if you wait too long before ordering that NEW CAR.
Labor Conditions Are Bad
Shipments are not coming through. Many dealers have no new cars new
and do not know how soon they will have.
The BEST SELLERS are going fast, so if you don’t want to take “ any
old thing” or do without, we would advise you to GET BUSY AT ONCE.
CARS OF
SERVICE
and
QUALITY
Special Prices On Tires and Accessories
Bacon— I understand you have a
piano ?
Egbert— Yes; can you hear it up
in your apartment?
“ No, we cannot I suppose there |
are other good points about it, too 1 "
— Yorker’s Statesman.
Phone the news to M2113.
T h e A u t o U tilitie s C o .
DALLAS, OREGON
INDEPENDENCE, OREGON