OCR Text |
Show ROADS AS DIVIDEND PAYERS Where Good Roads Enable Farmer to Save One Hour Per Week He Makes Big Gain in Year. If a farmer saves an hour a week by being enabled to use good roads as opposed to bad roads. It would mean 52 hours a year; estimating the use of man and team as being worth $0 a day, this means a saving of $31.20 a year. ' Suppose his farm Is assessed at $10,000, and the additional tax levy due to the issue of road bonds by the county ruus to $1 per thousand, which would mean $10 a year additional taxes as against a saving of $31.20 on time alone. This means that he Is investing $10 and drawing dividends of $31.20, an interest rate of 312 per cent. |