, 1889-09-26

given were greatly IN excess of the act
ual figures.
Mr.. Elliott moved elimination Of figures
from the Brown amendment saying that
they we're not proper matter for a constitu-
ton.
Mr.. Coffeen said that the figures were
too low that the taxation was greater on
other property than would be the tariff
on the coal output.
The principle was designated a good
one by Mr.. Russell but he held that its
application should be LETT to the proper
taxing power.
Mr.. Elliott's motion to strike out the
figares wa carried by a vote of II to 9
and it is practically settled that coal mine
improvements and the land shall be
equitably taxed and hat there shall
be exacted a tonnage royalty to be deter
mined by the state Legislative assembly.
The land shall be listed by sections ac-
cording to the United States survey.
OTHER REVENUE.
For state revenue the annual levy shall
not exceed four mills on the dollar except
for the support of state educational and
charitable institutions and the payment
of debt and interest. 1t was proposed by
Mr.. Potter TO make the limit six mills
until the property valuation reached $780,
600. Voted down. The territorial levy
is three mills. Mr.. Grant said six mills
would be required the first year OF state
hood aud that the next legislature would
be requested to make a special levey for
the prospective state.
For county revenue the levy shall not
exceed twelve mills including general
school tax but exclusive of state revenue,
except for debt and interest.
No city or town tax shall be greater
than eight mills. 1t was six in the origi-
nal bill and only elevated after a conserva-
tive discussion.
Judge Brown offered an amendment in
effect a poll tax levied on persons be-
| tween 81 and so will be covered into the
state school fund. Lost and the money
goes to the county school treasury.
School district tax levy is not limited.
All public moneys shall. when practi
cable, be deposited in a national or in
corporated bank. the back to furnish Sc
curity and pay a reasonable interest to
accrue to the fund. Making profit out of
public money by an officer is a felony.
The state board OF valuation shall be
composed of the auditor, treasurer and
secretary. Tnis commission is to assess
certain live stock, railway and telegraph
property and notify the county boards; also
equallze the value on all property for
state revenue
Exemptions from taxation: Property
of the United States, the state. counties,
cities, towns, school districts, municipal
corporations, public libraries. After
length argument on amendments to ex-
empt churches and secret society property
the question was left to .he Legislature.
Each law imposing a tax shall state
distinctly the object of the same, to which
only 1t shall be applied.
Two sections touching on railway as.
sessment, together with amendments by
Messrs. Potter and Hay, were referred
back to the revenue committee.
PUBLIC DEBT.
In the evening the committee of the
whole, Johnston of Laramie in the chair,
fell upon the public debt proposition with
a vim.
State debt shall not exceed l per
cent. OF the assessed valuation. except to
suppress instruction or provide for pub
lie defense.
No debt in excess of the taxes collect
able for the current ear shall be created
by the state unless the people consent at
the polls.
County debt shall not exceed . per cen
tum of the assessed value of the property
subject to taxation; public debt existing
when the constitution takes effect IN
excess of 4 per centum OF the valuation
may be bonded.
No city, town or village shall contract a
debt greater han taxes due for the cur
rent year, unless submission to the peo-
pie is successful.
A debt greater than . per cent of its
valuation shall not be created by a city,
town or village; provided, that for sewer
age 4 per centum additional may be lev
led. The provisions of this section shall
not have any force or effect with relation
to securing a water supply.
Neither the state nor any any county.
city, township, town or school district
shall loan or give its credit or make any
donations to or in aid Of any individual,
association or corporation, except for the
poor, nor become the holder of the stock
of any corporation. The state shall not
engage in any work of internal improve,
ment unless authorized by a two thirds
vote of the electors.
Valid bonds or evidences of debt must
be accompanied by a certificate that the