The Oregon daily journal. (Portland, Or.) 1902-1972, March 05, 1904, Page 20, Image 20

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    THE OREGON DAILY TOUHyAT-i, rOHTLAND, SATUlt PAY jHYENTNG, MATtCII 5, 1904.
20
CUR BONDED AND PUBLIC DEBTS AND
HOW THE MONEY HAS BEEN USED
A moat hopeful, sign In connection
with politic In this county Is the stress
' laid by the politicians on the conduct
of governmental affairs. Whether sin
cerely or not, ft new factor-Is recog-
. nlsed, that of . the business man In poli
tics, and the favor of .this element all
-sides seek for. It Is beginning to be
. recognized that lltness and attention-to
duty Is as Important If success be de
sired as fealty to soma party boss In
order that all may understand the fiscal
. affairs and financial condition of the city
and county The Journal presents a table
which can be relied on as accurate, glvi
Ing most Important facts and figures
covering the period from the year 1900
inclusive, s It hopes every one will study
and give heed to them.
While on this point It should be noted
that the last legislature provided for
nearly a sufficient Income to meet the
Interest on the bonds for the new Mor-rlson-screet
bridge by fixing a minimum
rental from the . streetcar .- company of
Ili.OOOjper year. '
. In December of last year the county
court took up the matter of the rental
paid by the Portland Railway company
for the use of the Burnside-screet bridge
with the purpose of considering an in
crease. The company now pays $160
per month. Nothing has yet been done
about it As this bridge' cost last year
$8,444 for operation, besides interest on
the bonds,' and will require a consider
able sum this year for repairs, It is evt-
; Funds ' " "
State i . . i . i.; ...... . 6.8 "
State school ..... ... . ..............; 8. ,
County 8.4 ,
Road .... s-
Port of Portland ....,....'....... '... . ... .1.5 .
Scalp
Library ....... . ...................... v
-Taxes in Mills..
101. 1902. 1903
6.961
6.
8.630
1.6 '
1.5 '
6.7
i!b
1.6
6.
6.
6.T
2.1
1.6
1904.'
7.6
' 6.
6.4
2.1
2.8
.2
' Total count v and state ................. ..23. S
City of Portland 8.0,
School District No. 1 4.8
Park .. . ..
Flreboat v.
..
18.7
10.0
4.6
0.6
Grand total ...86.0 i ,83.7
17.7
7.0
2.9
0.4
28.0
20.6
9.6
4.6
1.6
24.0
9.6
6.6.
40.0
Assessed valuation, county ... .......
Population city. Polk Directory.'..,.
, Amount raised by tax , . t , , . ........ , . . . .."
Amount of. tax collected for clty.i..: ....
Amount from other sources for city.,.:...
Amount of tax collected for county, i . ...
Amount from other sources for-county...
Bonded debt city, December 81 ...........
Street bonds city, December 31.'. .........
New city bonds authorized to be Issued....
Port of Portland bonds, December 31 ,
New Port of Portland bonds to be Issued.. .
Bonds School Dlst. No. 1, December 81...
County debt
,...
1900.
$32,641,978
103,026 7
1,175,111
284,233
220,947
275,614
- 43,871 v
6,261.500 1
217,833 -
f
860,000
iVo.OOO
831,665
88.0
Assessed
1901.
$48,195,688
107.991
1,624.193
292,101
249.971
f 261,256
41.456
6,261,500
Schools ..................... .
Total ....... ... . . ..i.W.
Inr other words, without the increases
set out, -the tax would have been 82.85
mills. "--rZ
aty OoTsmn&snt.
The population of the city has In
creased from 103,025 in 1900 to 123,662
In 190S. ";: The cost of running the city
in the same time increased from $505,
179 to $778,825.- Thus far the cost of
operation has been kept within reason
able limits. It tnay be accepted as a
fact that unless carefully looked after
the expenses of a city can creep up
alarmingly Jn' a very snort time. v
Schools.
No one $Z3Vistly charge the conduct
of the schools with being extravagant,
and they will surely not cost more in
the future. Generally It may be , said
that the chief criticism of the. taxpay
er Is not that he has money ' to pay,
but that he gets so little for It. This
is true more particularly of streets than
of any other expenditure.-' Again,-both
the city and county from now on will
have to measure at their true value 'che
privileges, franchises and rights whfch
have in the past too often been given
away. From these sources in. tne ru
ture a large revenue must be derived.
In other -words, the city must husband
and care, for Its property and resources
331,117
$50.000
iiooo
876,818
Valuation
$43,823,280
113,765 '
1,227,061
896,886 .
244,163
284.173
62,197
6,261.600
411.903
860,000
'"120,000 '
; 519,436
1908. -.'$51,038:800
123.662
1.688.124
460,899
817.928
- 447,846!
67,240
6,276.500
689,666
450.000
836,000
V 216,000
v 120,000
' 299,808
1604.
$1,967,938
v 487,808
-...
... ......
: lb.....:
' 1... ,
' "Includes flreboat. $64,018. , '. , '
Includes $3,160,000 bonds for water, Portland and East Portland. . - - -
Street bonds secured by special assessment on property benefited, $164,529.50 cash In sinking fund.
$400,000 Morrison-street bridge, $50,000 ferry. - " .
8300,000 refunding bonds, $30,000 payable each year $185,000 'drydock. , ( . :
- $215,000 drydock. ' i - '
. Bonds.
Total bonds all kinds Decem
ber 31, 1901 ....... $6,821,066
About to be Issued 665,000
County debt ' 299,809
Total ......
Street bonds .
Water bonds.
...$ 689,566
... 3,150,000-
.$7,785,865
-$3,739,656
General bonds ...$4,046,809
Analysing the purposes for which
. these bonds were Issued, we find the fol
lowing facts: ...... v- v
, $636,600 To recalm warrants issued
for expenses, represent noth-
$3,160,000 Water bonds, including $250,
. 000 East Portland water sys-
" tern. : , 1 " ' ...
; $675,000 City hall.
$700,000 Bridges; about $200,000 old
, bonds will represent nothing
; when ew . Morrison-street
1 '." bridge is finished. .
$400,000 New Morrison-street bridge.
' $65,000 "Ferry bonds, old, ' including
4; . SellWOOd. ; . fJ
$60,000 Ferry bonds,1 new. '
$50,000 Electric light plant. East Port
1 ; land, sold; represents nothing.
$50,000 Boulevards and roadways, Al-
blna. - . '. -
$50,000 Parks and Improvements.
$650,000 Improvement river.
$400,000 Drydock. "
$120,000 8choolhouses.
So far as bond issues are concerned,
on the present basis of assessed valua
tion we have Issued about all that should
be, unleas for some purpose where the
proceeds of. the enterprise will pay the
Interest -
dent something should be done ,to In
crease the revenue. Jt must be recog
nised hereafter that the county and city,
in dealing with Its property and fran
chises, must get paid for their use, oth
erwise the direct tax will get heavier
and heavier . ,
-..V,- ..:: Taxes',' '..vy.'v,' ;' v."
-This year the levy is 40 mills, being
4 mills, in excess of 1903. This Increase
cannot be laid at the door of the county
or city administration, but la the direct
result of the demands of the people and
Is accounted for as follows: ,
Unusual State Appropriations '
Indian War Veterans . . ....... .$100,000
Right of way for canal at The
Dalles .., 100,000
Portage railway . ...... 165,000
Lewis and Clark fair.......... 260.000
. Total .........'............ $616,000
; These appropriations were made by
the legislature, and with the exception
of that for the .Indian war veterans
were in direct response to the demands
of the people of this city.- v-,.
Multnomah county pays ,3123 of the
state tax. which percentage of these ap
propriations amounts to $192,064.60 for
our share, or 3.75 mills on our assessed
valuation. The Port of Portland com
mission increased" Its levy 1.30 mills,
which Increase was a necessity 'to main
tain the work end pay Interest, on the
new issues of bonds. The school' tax
was Increased t mills by the unanimous
vote, of the taxpayers.1 We have thus
accounted for the increase as follows:
' ' W ' ,' V ' ' o: .' Mills;
State .appropriations ........ 8.75
Port of Portland (increase) . . . ..... 1.80
and get returns for it Just as an in
dividual would tinder like circumstances.
If not the direct tax will Increase, no
matter who is in power. .
There Is one source of Income, how
ever, which will In the future Inevitably
lead to trouble, and that Is the money
now being received for gambling privi
leges. Sooner or later trouble will come
from this, for even from an economic
standpoint It Is vicious. This money
comes from the wage-earners principal
ly, and the lowering of their purchasing
power and standard or living, witnout
regard to Its effect on character, will In
the end be a serious matter for this city
to. handle. If the authorities were as
earnest In seeking revenues from legiti
mate sources as they apparently are from
this one. as good, If not better, naiance
sheet would be shown, and' without so
much loss of self-respect ,, , v
RECORD
BREAKING
BUILDING ACTIVITY
suroxjura shows a. ltTrw a kta bu
XBTOSEA82I XV BlTlXDXXTOr PERMITS
rOB 1KB 1COITTK OS TZBtfABT,
AND XJT THE VAST TEAB HAS VAX
EOXIFSED tJACOUA.
66
Grow
on-One
light99
A Famous Doctor-Chemist Has Discovered
a Secret Compound That Grows
Hair on Any Bald Head.
SENDS TREE TRIAL PACKAGES TO ALL WHO WRITE.
Slsoovsrer of This Uaglo Componnd That Grows Hair la a Single Jflght.
After half century spent In the labor
atory crowned with high honors for his
jnany world famous discoveries the cel
ebrated physician ehemlHt'- at the head
of the great Altenhelm Medical Oinpen
ary hns Just made the startling an
nouncement that he has produaed a
compound that grows hair on any bald
bead. - The doctor makes tha claim that
after experiments, taking years to com
plete, he has at last reached the goal of
I.ls ambition. To the doctor, all heads
are alike. There are none which cannot
M cured by this remarkable remedy.
The record of the cures already made
la truly marvelous and were it not for
the Mich standing of the great physician
end the convincing textlmony of thou
marnla of rillMMis alt over the country it
. mld neem too miraculous to be true.
'I hrre cHn be no doubt of the doctor's
aruauis la making bis cj&lai, nor
can tils cures be disputed. He does not
ask any man, woman or child to take
his or any one else's word for It, but
he stands ready and willing to send free
trial packages of this great hair restor
ative to any one who writes to him for
It, enclosing a 2-cent stamp to prepay
postage In a single night it has
started hair to growing on heads bald
for years. It has stopped falling hair
in one hour. It never falls, no matter
what the condition, age or sex. 'Old men
and young men, women and children, all
have profited by the free use of - this
f treat new discovery. If you -Are bald,
f your hair Is falling out. or If your
hair, eyebrow! or eyelashes are thin or
short, write the Altenhelm Medical DIs
penHary, 1707 Foso Building. Cincinnati,
Ohio, enclosing a 2-cent stamp to prepay
postage for a free package, and in a
iUort Ume you .will be cnUrel restored.
; (Journal Special SerTlce.) . .
BDokane. Wash., March 6. The build
ing permits issued py tne Doara or puc
lie works during February broke all rec
ords for that month during the past five
years and amounted to over 84 per cent
more than the figures of Tacoma for the
samo month; this notwithstanding the
fact In Tacoma there happened to be
one permit for 320,000 for a block which
had been damaged ty nre, wnne .me
largest permit Issued In Spokane was
for 66.000.
The figures show an increase or t
per cent over February of last year and
ar much higher than those wsuea aur-
ing the month of February during the
past five years.
The amount shown by the permits lor
the year ending February 29, 1904, was
over 89 per cent greater tnan lor tne
year ending February Z8, 1903.
No matter in what way the figures, are
compared they-show a great increase
in the amount of money represented by
the pSrmlts-taken out, This Is all the
more gratifying when It Is known that
there are thousands of dollars of work
which will be commenced when the wea
ther moderates so that the men can work
to advantage.
Tho number of permits Issued during
the month of February was 117; of
these all but 13 were for residences.
The 18 business houses , represented an
expenditure of 336,860; the dwellings an
expenditure of 6127.T76. -
' For the year ending February 28,
1903, there were 1,116 permits Issued,
representing ii,390,ti. For the year
ending February 29, 1904, there were
1641 permits Issued, representing 32,607,.
46X. ' .' '--
The following Is the comparison be
tween Spokane and her old rival, Ta
coma:
. Tacoma Number of permits for Feb
ruary, 1904, 106; amount shown by per
mits for February, 6121,676.
Spokane Number of permits for Feb
ruary, 1904. 117; amount shown by per
mits tor x'eDruary, ji3,635.
". Storming the Philippines.
If Admiral .-Dewey and his gallant
sailors displayed the same dash and vim
in the now historical battle of Manila
bay as do Neal's dainty burlesquers at
Fritr theatre this week In the laugha
ble burlesque bearing the above title,
small wonder is it that the Spanish ad
mlral was dismayed and Manila fell an
easy prey to our victorious navy. For
pretty, shapely girls splendidly drilled
in tne most aimcuit of evolutions com
blned with brilliant electrical effects,
"Storming the Philippines" is certainly
a winner, as Is evidenced by the early
filling tip of the bald head row. Other
good numbers are on the bill this week.
among them being A rneldo. America'
foremost equilibrist; Huston, a comedy
Juggler, In all the name Implies; latest
moving pictures. Illustrated songs and
many others, making it In all a con
tinous performance of four and one
half hours with not one dull moment
in It. ',..'
An "AnW opinion.. ;
From the Atlanta journal.
The president seams never willing to
do the right thing In the right way so
long as it is possible to find some wrong
way. in wtuca to ag iw- ' ' '
I -.-liDOES-OljBbE'BeTFl--- I
r .. ' -it
, , - , - - $ f
- - " ,
' , , ; -v . n - - - if
.' f " 7 " ' 1 , ' ' ' v If
1 1 ! .6BK j ' ' ' '
' "'.,. , ' ; , ' N . , . if
J g l t , "'l .1 BJSj
It
Ifs like a magnet draws
people to your? store. :
i
It speaks for you by dajr and does
double duty at night, burning your name into
the public mind. .There is nothing so effect
ive as an ELECTRIC , SIGN. It will tell
1 J. ' .
the people in a moment that you are up-to-date.
It will show your location at night
It makes an impression that is not easily
extinguished; the public never forgets
where it saw anything that impressed themi
They are effective, economical,
convenient and tell the tale at the
proper time and place.
On flat or meter basis. Special
rates made on term contracts.
7v-:.7 j, :-;';a::t ;--VJi;v;; 7;7J-;7" '.i7:7 7;;:-7:-77V : x-, .v;-'
';. ,;.;.' ..'..: y i:-71',' O ' '. :,. ' -, 7.:.''' r,7 '''-fl'', 7;':::,:, ..V -; ''7 7v7-7;,7.K7.7
on us and we will be
to explain all details.
Gall
pleased
EL
ECTK
C(D)V0lPA
:SEVENTII AND ALDER STREETS:
m
If.
l
I
9
It
l
3
is
i