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Title: FINANCING A STATE ROAD SYSTEM WITH BONDS
Accession Number: 00200999
Record Type: Component
Availability: Transportation Research Board Business Office 500 Fifth Street, NW Abstract: THE SOUNDNESS OF THE VARIOUS PLANS FOR FINANCING STATE HIGHWAY PROGRAMS ARE CONSIDERED. FINANCING METHODS IN WHICH THE MOTOR VEHICLE OWNER WOULD BEAR THE BURDEN WERE DISCUSSED. NO INVESTMENT IN A PUBLIC UTILITY IS JUSTIFIED FROM AN ECONOMIC STANDPOINT UNLESS THE SAVING EXCEEDS THE INTEREST CHARGE. CONDITIONS ARE SOUGHT WHICH PERMIT MINIMUM UNIT COST OF TRANSPORTATION. ITEMS ENTERING INTO THE UNIT COST AND THEIR INTERRELATION ARE EXPLAINED. IT IS CHEAPER TO PAY INTEREST ON A BOND ISSUE THAN TO PAY THE EXCESS COST OF OPERATING MOTOR VEHICLES OVER UNIMPROVED ROADS.
Supplemental Notes: Vol 8, pp 68-72. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
Monograph Title: Monograph Accession #: 01490390
Authors: Cutler, T HEditors: Crum, Roy WPublication Date: 1929
Serial:
Highway Research Board Proceedings
Volume: 8 Media Type: Digital/other
TRT Terms: Old TRIS Terms: Subject Areas: Economics; Finance; Transportation (General)
Files: TRIS, TRB
Created Date: Jul 18 1971 12:00AM
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