GOOD ROADS POLICY.
Road-making -has occupied a good deal of attention m Canada • lately. In Quebec Province, where hitherto there j has been a Ministry . of Agriculture and Roads, .tho work entailed by the Good Roads Act of 1912 has necessitated the division of the Department and .the creation of another Minister. The Hon. J. E. . Caron, formerly Minister for Agriculture and Roads,. Avill hold the hew;,portfolio of Roads, and Mr J; A;, -Messier, M.P.P. for Three Rivers, -a lawyer who has been m politics, for about ~10 years; been appointed Minister for Agriculture. Tae Good Roads -Act authorised the contracting'of a loan of £2,000,000, but -owing 'to the universal depreciation of securities which began to be apparent immediately after the passing of the Act, and especially with regard t0. 4 per cent, issues, it- was not- deemed; Advisable to place the debentures on tho mar--ket,'and the. Government advanced for tlie time the total sum actually required; amounting to £25,000, to the municipalities. The Act was subsequently amended so as to provide that the Government should supply the necessary funds to tho municipalities _ upon a: ■' promise on their, part to pay annually. 2 per cent, interest on the sums advanced. It Avas recently estimated that at least £400,000 would be required to be advanced to the municipalities to pay for tho work to be done during' one season. Accordingly the Government, through the Bank of Montreal m London, effected a loan for £400,000 by {he issuorof forty-one years' 4| ' per cent, inscribed stock. The policy, of the Government has been most successful and municipalities m 6very direction m the province have passed"** by-laAVs authorising the borroAvlng of money from the Governtnent for a period of years -for the purpose of road-makihg. The great trunk roads at present' under construction or! .projected are those from' Montreal td Quebec, from Slierbrooke- to 'the' Derby' Lino Road, and ' froni\ Montreal to Rosas Point. The Quebec Government 'realises the importance of the good roads policy, m Avhich it has been loyally supported by the municipalities concerned.
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Bibliographic details
Poverty Bay Herald, Volume XLL, Issue 13305, 14 February 1914, Page 10
Word Count
342GOOD ROADS POLICY. Poverty Bay Herald, Volume XLL, Issue 13305, 14 February 1914, Page 10
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