I — 1937— a * — 1937 ^ Keep step with Belmar in its 3- =S march of progress. Patronize f. =| For continued prosperity and g 31 its local merchants and thus jf the growing progress of Bel- # ^ circulate your money where it =| :g mar every resident can do his =| ^ will do the most good and re- 3£ =| bit. Help keep up its attrac- |jj vert advantageously. jg tiveness and spread its praise ^ 'g sincerely at every opportunity. =j{= CHAMBER OF COMMERCE SHARK RIVER TO BE BELMAR TO HAVE HOLDS ROUSING MEETING MAIN INLAND W ATERWAY NEW $210,000 BOARDWALK STILL PEP IN THE ORGANIZATION FINEST ON THE JERSEY COAST MEMBERS ALL SET TO DO THINGS AND GET SOMEWHERE- FROM FIRST TO SEVENTEENTH AVE. CHANNEL 100 FEET WIDE AND 12 FEET DEEP UNIFORM FROM INLET REAL BUSINESS DISCUSSED TO YACHT BASIN FEDERAL GOVERNMENT TO BEAR $109,000 OF COST AS A W. P. A. * PROJECT Mayor Thomas S. Dillon and Com­ The Chamber is not in h position to There being no objections registered J. C. P. and L. or suggestions offered regarding the missioner Leon T. Abbott were guests finance a campaign of publicity on an E. I. Vanderveer The Borough Commission, Tuesday of honor at the March meeting o f the passage of an ordinance providing for elaborate scale and the members were $153,000 Ahead •morning passed on first reading an Chamber of Commerce in Martin’s the dredging of the channel in Shark Addresses Kiwanis restaurant Monday evening. reminded that it would in the end be River east of the State Highway ordinance providing for the construc­ Surfeited with an exceptionally good up to the Borough Commission to de­ GROSS EARNINGS $11,644,777 bridge on Route 4N, the Borough Com­ tion of a new boardwalk from First mission, Tuesday morning passed and Clerk of Elections Tells avenue to Seventeenth avenue at a Virginia ham dinner the members cide. FOR FISCAL YEAR were called to order by President approved it on final reading. The possibility of a high school was Facts Regarding Inheri­ cost of $210,000.00. Charles J. Markus and got down to The ordinance provides for the dred­ informally discussed. No plans were Another indication of progress in tance Taxes The borough’s share in the cost is serious business. ging of the channel a width of 100 feet Belmar is definitely stressed in the $101,000.00. The Federal Government ■ After a lengthy discussion a propo­ definitely advanced and the problem and a depth of 12 feet at mean low balance sheet issued this week by the An explanation of state and federal sition that Belmar be represented at remains, 1, 2, 3, x, which everyone tide and the improvement of the ex­ will pay the balance of $109,000.00 as Jersey Central Power and Light Com­ inheritance tax laws was given before isting channel from the inlet to the a W. P. A. project. the next Sportsman Show in New knows is the algebretical "what.” pany. the Belmar Kiwanis Club by Edgar York, offered by Gordon Walter was yacht basins in the upper bay in order Commissioner Leon T. Abbott, in his We publish this in full because it is I. Van Derveer, Monmouth county in­ The boardwalk will be constructed put to the members in the form of a to make a uniform course for naviga­ customary quiet manner with an un­ an authentic statement and may put heritance tax supervisor Wednesday. in accordance with plans tad specifi­ resolution. It was unanimously decid­ tion. the soft pedal on a lot of idle talk. Recalling the recent agitation at cations prepared by Borough Engineer ed that Mr. Markus appoint a commit­ derlying sense of humor, practically The sum of $25,000.00 has been ap­ Here it is: Trenton for diversion of state high­ tee to look inot the matter thoroughly told the member of the Chamber to propriated for the project which will Claude W. Birdsall which have been "The Jersey Central Power and way funds, Mr. Van Derveer took is­ and report at the next meeting. Cap be eventually paid by the county. Im­ approved by the W. P. A. and the bor­ “watch their step.” He stressed the Light Co. showed a balance of $427,500 sue with a statement made at that tains Gould and Brewster who run ex­ provement notes bearing interest not ough commission. fact that it costs money to do things, applicable to the common stock of time that the state would receive cursion fishing boats out to sea from to exceed 6 per cent will be issued by especially in the administration of mu­ the company for 1936, compared with about $9,000,000 from the estate of The cost estimated will be met by Shark river, and James Pearce, spoke the borough to carry out the work. $274,168 for 1935, according to the an­ Arthur Brisbane, noted journalist, the proceeds of a sale of permanent on the advantages that would accrue nicipal government. Mr. Abbott did nual stockholders report released this who recently died. The state would in this particular line from such pub­ not take credit to himself for the vast bonds of the borough at 6 per cent week. No common dividends were de­ Sterner Comes Back receive only about one-third that sum, licity. which will mature in two years. improvements which are patent to ev­ clared for the year and the balance based on a $30,000,0(H) estate, he said, Mr. Walter stated that more than eryone in regard to the streets, the was transferred to earned surplus. W ith True Facts and that only if all the property were Embodied in the ordinance is this 300,000 people attended the show dur­ “Gross earnings of the company for situated in New Jersey. Actually, much statement: “The construction of the ing its ten-day run and suggested that river park, etc., but asked the organ­ 1936, including merchandise sales, ANSWERS CRITICS OF SPENDING of the property is situated outside the said boardwalk as authorized by this $1,000 invested in a booth would bring ization to remember that without the amounted to $11,644,777 for the year, state and therefore is not taxable here. worthwhile results. cooperation of his brother commission­ STATE MONIES IN TERSE ordinance is necessary; and it is here­ an increase of $622,034 over 1935. He used the same case as an in­ In the same vein the matter of by found and determined that an ers his hands would be tied and his Gross operating revenue for the year STATEMENT stance to show the huge slice of the printed booklets or pamphlets was dis­ feet in the mud. was $10,589,903, compared with $10,- estate that would be carved out for the emergency exists on the beachfront in cussed, aehCa thmdnl In answer to the slur cast on his of­ Mayor Dillon, in a very brief talk 091,073 in 1935, an increase which, ac­ federal tax. At the present rate, he the Borough of Belmar which makes cussed, and the Chamber voted in fa­ fice and department management in declared, the federal tax would run endorsed what Mr. Abbott had said and cording to the statement, reflects the necessary the doing of said work and vor of pamphlets which could be en­ the matter of financial accounting dur about $14,000,000. in that inert humor with which all pick-up in business in the company, the making of said improvement.” closed easily in letters answering en­ ing an Assembly debate, State High­ Mr. Van Derveer expressed the opin­ Sons of Erin are blessed with put the particularly in the sale of electric en­ The ordinance will come up for fi­ quiries about the borough. way Commissioner E. Donald Sterner ion that if the exsiting schedule of tag of Mr. Abbott as the second “sil­ ergy which accounted for 75 per cent nal passage and adoption at the regu­ J. Kenneth Mayer, local manager of has issued the following statement: federal taxes is kept in effect for 20 of the increase. lar meeting of the Board of Commis­ the Jersey Central Power and Light ver tongued orator.” , “According to newspaper accounts, “Revenue from the sale of mer­ years, there will be no more large for­ Company advised the members to not There is no doubt about it, remarked during the Democratic-Republican de­ sioners in the Borough Hall Tuesday chandise set a new high in the com­ tunes in this country, because the lar­ go too fast in respect to the kind of one of the members at the close of the ger the estate, the higher the percen­ morning, April 13 at 10:30 at which pany’s history by reaching a volume bate in the Assembly on Assembly Bill publicity. He suggested that the meeting that if that “bunch” attend­ tage of tax to a maximum of 70 per time objections, if any to its passage of $1,021,842 over 1935. Aside from the No, 363 one of the statements made by whole matter be put in the hands of ing would only get together with a dis­ cent. will be received. sale of appliances the year also es­ the Democratic sponsors arguing for experts if a change was to be made tinctive objective they would surely go tablished a new high for peak loads its passage was that the State High­ from present methods. places. way Commissioner "could buy five and set an all time high for the sale of electric energy.