Evening capital journal. (Salem, Or.) 1888-1893, 1890-11-18
onrisl Rupert Of The Marin Csssty
eranep.

Ed. JoCREAL: Ihe Marion Co
Pon,na grange at q meeting helt
on the 18th nj Salem, had under dis
cussion the report of the comnit,e,
on legislation Ms M ,de by the Ore
gon state grange last May and siteI
amendment adopted the rephl II
tb, following form:
We recommend the enactment
into law Of u bill prepared by the
Ballo; Reform league of Oregon,
establishing the Australian system
Uf voting.
We recommend precinct ssses>ors
over the taxation of all prulerty
wherever found, without the DE-
duction Of indebtedness except
where such debts are taxable credits
and are ref,i-d.
We recommend that the Laws be
30 ameuded rs To provide that all
the regents of the Agricultural cs,l-
leg. shall lie practical farmers or ME
clIanics.
We recommend the free coinage ,f
silver aud that il b~ made u fui,
legal tender.
We iavur an amendment to the
constitution of ibe Cniied Sislee
providing for the election VI Cnit-o
States SENATORS by \ direct vole al
the ps-,ple of the states
We rsc,,uiuwpd that the Aws IN
80 amended as 10 pnyide fur the
sl>ciiou of the rsilrk,d c,uin.issiuD
ers Of this state 10y the direct vote Ui
the people
We recommend that no more
laws lie passed creating Don-tsxable
bonds OF any kind.
We re-cpnmeud the continuance
of the mortgage tax law.
The discussion was confined most
ly TO the taxation question and in
dicssted that many persons are na
posted rs to the effect of our present
u rtgage tax laws aud taxation
d ,dging in general.
Many persons do not know that =
Do'e paysb e to = national bank is
-xempt from taxation. Tho>e whu
are up to tricks that are vain deposit
their note payable tn national
tank and leaves il there until aher
he assessor passes and thus ESCAPES
taxation. Hence if We do not eS.
-mpt debisoiiist are non taxable
credits in the holders hands the
naliousl banks cannot screen tax
payers from their just share of pub
lie exfsn-es. Personal property al
in firm of cattle
ueeves, merchandise, etc, is taxabl.
in the county where found, since il
is leld that such prnperty carrie
profit where located and should be
taxed there. Then why should not
mortgages be taxed where located
and where they earn interest and
profit. Repeal the mortgage lax
law and you exempt all foreign cap
iisi loaUed in tiIis state, because the
assessor will be unable to find it,
The NOR, gage tax law only uncover-
the Dntes and assists the assessDr iu
find the assesssble property. Tbe-
who favor its repeal are those VIII
want credits exempt from taxation.
The subie,.ls embodied in the report
as adnpied are not new to tn
Grange of Oregon, hut hsye heen
under consideration for sDuie tim,
and the Grange has not been hast,
in accepting them as its settle
policy.
If the mortgage tax law drives
capital from Oregon, why is interes
lower in Ore gon than in Washing
ton, where notes are taxed? The
Oregonisn says the law gives home
lenders a nIonop,ly and the o. is in
favor of the high tariff to prnect
home manufacturer, Then why
not Protect home lenders as 1t
claims, but which we deny that the
mortgage tax law does, or that II
protects anyone who cnu,es up and
Is willing to contribute their just
share Of public expenses.
Next meeting of Pomona grangr |
will he held ct Salem On December
lad. WM. HILLEARY,