Page Two W. J. E. Vick of Molalla, who is running for county commis­ sioner, was born in Fond du Lac, Wis., in 1881, and came with his parents to this county when he was three years old, and the fol­ lowing year, 1885, they settled at Molalla, where he has been resi­ dent eve»* since. Mr. Vick has been engaged in a general store at Liberal, but principally at farming, road builder, steam and gas engineering. His slogan is “To be a servant of the public and not a political bully.” Mr* and Mrs. H. W. Morgan of Sell wood, were the Sunday guests of the editor and his wife. It will be recalled that Mr. Morgan addressed the Community Club last January on how he estab­ lished a #25,000 business in five years on $ 1.2(H). The address was published in this paper, and it has been reproduced in the Pacific Coast Mercantile Co.'s publication of San Francisco, and also in the Chicago Dry Goods Reporter with flattering editorial comment. Mr. Morgan has also received congratulations on it from various wholesale firms. LOWER EAGLE CREEK Mrs. Alma Rhul and daughter Velda, of Portland, spent Sunday . with Mr. and Mrs. W. A. Smith. Mr. and Mrs. H. • H. Franks and daughter Theda of Portland, spent Sunday with Mr. and Mrs. W. A. Smith. Mrs. Berniece Stock ley of Port­ land, spent several days with her parents, Mr. and Mrs. Geo. Dun­ can, this week. Clyde Monger, who has been staying with his sister in Cen- tralia for several week.-, past, re­ turned to his home in Eagle Creek, Sunday. Fred Bates has recently sold his saw-mi II to a party by the name of Hamlet, who has moved the mill across the river from its former location, and is now op­ erating it there. Mr. Test has been quite ill at his home for the past week. He was taken with an attack of hic­ coughs on Sunday morning, and was not relieved of them until the following Saturday evening. Representatives from the 5th, (5th. 7th and 8th grades from the Eagle Creek School came to Esta- cada on Thursday afternoon, where they entered the spelling and arithmetic contests. Lyle Smith scored in arithmetic for the 8th graders, and Henry Suter, of the same grade received the spelling diploma. Thursday, April 29, 1920 EASTERN CLACKAMAS NEWS At the . . . PRESENT AUTO AND GAS FEES WILL PAY INTEREST AND PRINCIPAL OF $40,000,000 ROAD BONDS Agricultural College State University and Ore. Normal School classes are so overcrowded, rooms so overloaded, and teachers so few, that the three institutions will have to close the door on at least HKX) Oregon boys and girls, and perhaps upon twice that number next fall, unless the new mil- lage support bill passes on May 21. These three institutions have, when compared with the year when the present millage sup­ port bill was passed, 150 per cent More Students but only 15 per cent More Classrooms and less than 4 per cent More Income The fact that higher education in Oregon is in a crisis cannot be said too strongly. You are urged to work for the Higher Educational relief measure, and to help it with your vote on May 21. Paid advertisement inserted by Colin Dyment In behalf of the Joint Alumni Relief Committee for Higher Education in Oregon, 5 .4 Ptttock Block, Portland Special Runs at the Family Theater Manager Linn informs us that he has some good bookings for the near future, Marguerite Clark will appear Saturday night. On Sunday afternoon at 3 o’clock and in the evening at 7:30, Enid Barrett will appear in “The Haunted Bedroom.” In addition to this film, there will be a Vaudeville act by the Boyles and Mr. Walker of Portland, consist­ ing of monologues, character songs,, etc. AUTOMOBILE OWN­ ERS ATTENTION I have opened a Repair shop heie in Estacada and at present am located in the old Cascade Garage. I work on any make of car, electrical troubles my specialty. 1 find your troubles and tell you free of charge. Have your ear looked over, it may save you many dollars. Small troubles make large ones. I guarantee all work. 6-8 R. E. MOORE. $100 R ew ard, $100 T he readers of this paper will be pleased to learn th at there Is at leaat ona dreaded disease th a t science has t>een able to cure In all Its s ta g e s and th at Is catarrh . C atarrh being greatly influenced by constitutional conditions requires constitutional treatm ent. H all's C atarrh Medlctns is taken Internally and acts th ru the Blood on the Mucous S ur­ faces of the Systsm thereby destroying the foundation of the dlseaae. giving th e patient streng th by building up the con­ stitution and assisting nature In doing Its work. The proprlstors hava so much faith In the curative pow er of H all's C atarrh Medicine th a t they offer One H undred D ollars for any case th a t It falls to cure Send for list of testItnonlals. A ddress F. J C H K N FT A CO . Tolsdo. Ohio. Sold by all D ruggists. TSc. Approximately #40,000,000 of state road bonds can be issued under a 4 % limitation on the present assessed valuation of the state, including bonds already issued. The constitutional amendment to be voted upon at the May 21 election provides for this 4% limitation. Interest and principal of the entire #40,000,000 of bonds can be paid from revenues from auto license fees and gasoline tax, based on conservative 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, W hitcomb & 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. O F H C lA t lAbLE Statement ot Estimated Income to State Highway Fund Compared With Interest and Principal Requirement:, 10 Carry $40,000,000 Bonds. s Estimated Number Year of Motor Vehicles 1 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. .2 0 0 ,0 0 0 1933. . 200,000 1934. . 200,000 1935. . 200,000 1934. . 200,000 1937. . 200,oOO 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 ,OOP 1949. . 200.000 4 Motor Vehicle Gasoline Tax License Fees Net Income to Net Income to State Hig.i««’ » State Highway Fund Fund $1,575,000.00 $ 525,000.00 625,01(0 00 1,875,000.00 715,000.00 2,145,000.00 790.1(00 00 2,370,000.00 850,000.00 2,550,000.00 900,000.00 2,700,000.00 925,000.00 2,77 5,„00.00 950.000.0C 2,850,000.00 975,000 "0 2,925,000.00 1 , 000,000 (»0 3,000,001.0« 3,000,000.00 l.OOU.untt ui) 3,000,000.00 1 . 0 UO. J< 10 . 0(1 3,000,000.00 1 , 000,000 00 3,000,000.00 1 ,0 0 0 ,0 * M I.OO 3, 000 , 000.00 1 , 000,000 00 3 , O O O ,0 0 0 .U<' 1 , 000,000 00 3,000,000.00 l .u o o .o o u 00 1 , 000,000 00 3 ,ooo.uoo.oo 3,000,000.00 1 , 000,000 00 3,000,000.00 1 , 000,000 00 3,000,000.00 1 , 000 , 000.00 3,000,000.00 1 .OO 0.000 00 3,000,000.00 1 , 000 , 000.00 3,000,000.00 l .o u o , 000.00 3.000,000.00 1 , 000,000 00 000 , 000.00 1 , 000 , 000.00 3,000,000.00 3.000.00J.00 3,000,000.00 3,000.000.00 1 , 000,000 00 1 , 000 , 000.00 1 , 006 , 000.00 1 , 000,000 00 c 0 Interest and total Amount Estimated Pi incipal Income V> Requirements for State tligbv ay $ 40 , 000,000 Ronds F und $ 2 , 100 , 000.00 $ 494,850.00 2,500,000.00 1,043,25,..00 2,860,000.00 1,393,250.00 3,160,000.00 1,679,750.00 3,400,000.00 2,007,340.00 3,600,000.00 2,677,617.50 3,700,000.00 2,957,367.50 3,800,000.00 3,149,1X0.00 3,900,000.00 3,329,742.50 4,01(0,000.00 3,429,05..00 4.(11(0.(100.Ot 3.396.X44.50 4,000,000.00 3.308.392.5C 4,000,00o.o0 3,219, M„.5C 4,000,000.00 3,131,492 SO 4,000,000.00 3,043,042.50 .4,000,000.00 2,954,592.50 4,000,000.00 2,866,142.50 4,000,000.00 2,777,692.50 4,000,000.00 2,689,242.50 4,000,000.00 2,600,792.50 4,000,000.01 2,412,342.50 4.000.000.0C 2,327,8*2.50 4,000,000.00 2,218,442.50 4,00b,000.00 2,068,492.50 4,000.000.0,. 1,84\95?,50 4,000,000.00 1,161,475.00 4.0« 0,000.00 793,275.00 4,000.000.00 513,012.50 4,000,000.00 244,000.00 4,000,000.00 56,237.50 OFFICIAl EXPLANATION OF TABLE 7 Surplus Ke- mait.ing After Payment of Interest and Principal $1,605,150.00 1,456,750.00 1,466,750.00 1,480,250.00 1,392,660.00 922.382.S0 742,632.50 650 820.00 570,257,50 57(1,945.00 603.157.50 691,607.50 780,057.50 868,507.50 956,957.50 1,045,407 50 1,133,857.50 1,222,307.50 1,310,757.5J 1,399,207.50 1,587,657.50 1,672,107.50 1,781,557.50 1,931,507.50 2,154,047.50 2,838,525.00 3,206,725.00 3,4X6,987.50 3,756.000.00 3,943,762.50 Column 3 represents the net income to the State Highway Fund frotr. motor vehicle license fees (Chap. 399, l aws 1919). I'he 1920 registration figures to date obtained from the Secretary of State's office indicate an average license tee of twenty dollars ($ 20 . 00 ) per vehicle. The law provides that twenty-five per cent be returned to the county from w'lich 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 he met from the receipts from motorcycle licenses, chauffers’ badges, transfers, etc. Column 4 represents the income from the Gasoline Fax (Chap. 159, L aws 1919) to the State High wav 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 vest to pav 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 he issued with a 4 per cent limit on the present assessed valua­ tion of the -tate. These figures are based on these premises: That the balance of the Six Million Dollars Bonds (Chap. 423, Laws 1917), the State Co-operative Bonds $1,800,000 (Bean-Barrett, Chap. 175, Laws 1917), and th; Ten Million Dollar Bonds (Chap. 173, Laws 1919), now unsold will be sold during the vear 1920. Also that further bonds will be sold as follows: 1920, $5,Jh0,0O0; 1921. $5,000,000; 1*22. $5,000,000; 1923, $5,000,000; 1924; $2,200,000; a total of $40,000,000. All of the boi.ds thus far authorized are serial bonds and, except the Bean-Barrett issue, mature >»ne-twe-Qtiarter Mill l ax (Chap. 237, I aws 1917) on the total assessed valuation ot the state is not shown in this table as an asset of the State Highwav Fund as this fund is used principally to meet administrative expenses, surveys in the various counties, en­ gineering u per vision ot county construction, and design and inspection of county bridges and structure*. ________ WE HEREBY CERTIFY tha we have examined the official records of 1 he State of Oregon at regards Income from Motor Vehicle licenses and Gasoline taxes and believe the estimate* above set forih n columns 1 to t, both nclusive, to be conservative. We further Certify that based upon these estimates the tabulations set forth above columns 6 and 7 are true and correct. cor WHITFIELD, WHITCOMB & CO. Portland, Oregon. Aprii 14, 192a Certxfua i'u ilu Aaoumants,