Highways and Highway TransportationChatburn, George R.
History
Highways and Highway Transportation
Chatburn, George R.
Roads; Transportation
In order to raise money to meet the demands for state aid roads many
of the states bonded themselves for large amounts. New York voted a
bond issue of $50,000,000 in 1906 and another of the same amount in
1912. California voted bonds of $18,000,000 in 1910 and $15,000,000 in
1916. Illinois voted $60,000,000 in 1920 eventually to be paid from
automobile licenses. Maryland authorized a bond issue of $5,000,000
for trunkline roads; additional issues were made in 1910, $1,000,000;
in 1912, $3,170,000; in 1914, $6,600,000; and in 1916, $2,700,000.
Missouri authorized a $60,000,000 bond issue in 1921 and so on for
other states. On January 1, 1914[153] there were outstanding highway
and bridge bonds in the United States to the amount of $445,147,073;
of which $158,590,000 had been voted by the States and $286,557,073
by counties and townships. After the war increased interest in road
building became manifest. Between November 1, 1918, and December 31,
1919,[154] state highway bonds amounting to $234,000,000 were voted:
Illinois, $60,000,000; Pennsylvania $50,000,000; Michigan, $50,000,000;
Missouri, $60,000,000 and many other states smaller amounts. There is
pending legislation for nearly $300,000,000 additional bonds, among
which are Minnesota, $75,000,000; Texas, $75,000,000; West Virginia,
$40,000,000; Washington, $30,000,000; Alabama, $25,000,000. Funds
are otherwise raised by direct taxation, property and special, by
appropriations from the general fund, by automobile licenses, and from
court fines. The grand total for road construction expended in the
United States from 1910 to 1920 is over $2,500,000,000.
Public-domain text, read in full here on John Shaqi.
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