The weekly Elko independent. [volume] (Elko, Nev.) 1872-1887, 1877-03-18
BRRDLEwS VETO.
Why the Governor, OF Nevada, Vetori
s..,..I A.. the nulIiun Tnx, HilI. ,,ii..J {

= D.. 70. 'f 'iia - - ''1 rfLf HlH
!" The following nrc como of tho cllict
reasons why Governor Bradley tlisap.
proved tho Novada bullion tax 4" bill.
Tho Governor snyB:r' '''' l %l..,'.,@.'.
. ..ph'rhis bill aintnils the Act nf 1871 and
reduces tho tnxnblo property 'of tho
State about 20 per, Hcent.a The friends
OF this measure jadmit that the redac.
ton Of the inssessnitnt on proceeds of
.rninos will DO by this bill 'thirty-one
and nhalf pcr cent. Others anticipate
n reduction Of from iorty-seven' to fly
percent. at the least. Two principal
reasons oro advanced why this should
become n law. ."lN.N ..ri-
First-That upon its approval tho
California and Con. Virgi,iia Mining
Companies viii pay :sver the lax Which
they have SO unjustly refused to pay
for nearly n yehr.. aid that If Ills
amount was pail over, Tic rate Of taxa
tion on real estate aiii 'Iptrtsonal pro.
perty could be reduced 10 seyenty-itd
Cents on the hundred dollars. 1Ty
answer is, tint it does not become the
dignity OF State 10 be Dictated 'tc by a
couple OF non resident corporations,
nor does experience teach us tl4at sub
'rhissibn 10 the demands Of wealth To-
day will prevent il from doubling lis de-
innnds tomorrow. IF tliis Legislature,
pledged nS it is to Tho Whole people of
the State to protect them against Tie
release OF. these foreign corporations
from, the payment OF taxes upon their
profits. choosh TO 60 bGck on their
pledges and itrii over tho s;tatS.. boutidl
hand mid foot. to theis cGmpauies,i ].
'cAni:ot help il; bat liz part of' the crime,
Ghall'rest on my shoulders. II tho taxes
can DO Ieilucrd to seventy cents, on ilie
one hundred dollars, after releasing
twenty per cont OF Tie assscssnble prop.
criy. we know that they can be reduced
to sixty cents Lynot releasing this prop
jcr;y.N Any other view Of this subject is
mere shallow rrc.cnsG and unworthy Of,
considcrh ion. s..s,5 lG- - ~ ,%',
The otLcr, objection 10 tho old law is
that Will. tho,or,-. ar, .,o,..1.,,. ,,,.i,
full value. less the cost'uf Convention
into bullion, other propGity IS taxed at
much, rss ihnn ita full yaIgc. II this
is no. il it good pulley for the State 10
nllow. tho reduction" Of the assessed
value Of the procscris Of mines, when it
Is SO easy to raise tlie aase sscd .vnlaO Ui
rcni n.d personal property to n just vnl.
uation2 III my biennial messages to
tho present and prcvious Legislatures, /
earnestly nskcd' Tor tho creation of II
state Board OF Equalization, 10 cqunlizc
the nSsrssincnt Of properly all over the
State. The whole Argument in behalf
OF these companies Is that because there
Is, defective mode Of assessing renl
and personal property, that therefore
tho mode 'asscssing the proceeds Of
the mines should ho equally defective.
lho interests OF tho. State demand
'""' IL 'h're IL any change i'll tho MS,
''aSlnc'' oi Tins property 1t should
"' "i'""'" "'i" mol downward. Bnt
us II nl"''c''oi i'et VIC know Tint the
'''cee"H oi mine" nave "con taxed nj I"
io~'f r"'o "i ."S"eS'm'h1 th"n tho real
""u p'rsone'' property of The state r."
In 1875 tho Procetda Of The mines cx.
'teedeu sH0,OOo, 1000, mud lcss than s17,-
Ooo'ooO were taxed, leaving $4,000. coo