Evening capital journal. (Salem, Or.) 1888-1893, 1890-09-17
LEGISLATION SUGGESTED.
Another Digest ef0Piuiexs from Differ
ent Seurces Touching the ASSESS
neat and Other Laws.


quirements Of The SECTION where pub
lished. The ques, 'ol Of assessment
and taSatiun :, Il sttrac,s the most
general al.e0tion, and three points
mo0opoliEe the principal part Of the
discus>iOn-the moi, gage taX law,
the Il Ury law and the exemption
fIon indebtedness.
The repeal Of these fea. ures Of the
asses unent laws, has oarnsl; advc-
cafes in all parts O the state, tie
pabulurn on The subject being fur
nished chisfi.s by he o-e-ouian. the
Portland chsmoer o. commerce and
The Portland real estate exchange.
One OF the s,rcOg sryumen,s ad-
iuced fof the rspSAl of he mCrt "a e
tax law Is the ease whereby the
holders Of NOR - ees escape paying
he taxes, 80 that, should the ieS'~-
lature conclude to let the Law s;sud,
it is likely some provisions viii -
made for making ii more effective.
The OrecOr'Sn devo,es a large
amount Of editorial space TO srga-
ments for the repeal Cf the laws
spoken OF. II a rsyeut article in
Shich The assertion occurs that tie
:S-me-s sre kecpjug Ihe>e lsws Oh
the statute bpuS~ in the mistaken
idea thai they are beneficial. that
Daprr Ssys: "Ou the CyIuifary. j.
opp-esse> them severely sud con-
slsntiy, because it plays into tht
hand Of U>urers aud nf person more
ski. nj in dodciuc taxes than them
selves" And in the same 81, Gle ii
IS said: Again, the farmer lo>e>
through the system that allows DE-
iuc,iou OF iuGebs ei ness, since II i
possible for him 10 obtain
deduction OF more han bis aclu:.l
debl,. while others play deduction
- s game 70 cover Up lar-e properly
and thereby 10 escape taxation"
II opposition % this view The Al
hany Herald says that rereal Of .he
mortgage tax Law would mem
further exemption o, the rich man :
properly from taxariur." While
Bro. Guild. Of The >iive-to1 Appeal,
io0ks al the matter This way:
The u1rt-Nce TAX law mas flied
Wa~hiu. ton with cheap money.
while il haS kept Eastern coin from
Oregon. and aided 70 run what Ioo-=
change there was here over to yru--
porous Washington. Repeal the
-
Alta recent meeting OF the Portland
chambrr OF comuerce = counit,ee
vas appointed 10 Cooperate with
the real estate exchange in d.4fting
g bill to contain the following point.
and in pressing its passage:
The assessment OF uuiu proved as
well as improved real estate accord
ing to its market value and on Uni
form scale without regard to the per-
sons owning the same.
The election Of competent and
asses>ors. with 3 provision
Tor severe punishment for diserim;-
nation shown in making assess
meuts-
The elimination NJ the vicious
punciple OF deduction Of indebted
1ess rom assessment. Creating the
Ifice o. receiver o. all taxes in cil-
. OF population Of 800 and over.
The annual correction. by inspec-
ion and supervision OF assessment
oils, and through appeals by E sel-
.-ied hoard OF revision in zach
county.
The levy aud Col .ectiou Of state
szes in q uniform aud just manner.
Tne exemption O; each taxpayer
rom taxation Of p-fsonal properly,
bulldog and improve
nenLs 10 the amount Of s5srJ9.
Tue repeal Of the system of found
ng assessments on the atidayils
nd reLCrns Of taxpayers, and the
Exemption OF all manufacturing in-
ustries for & period OF five years.
RalLer Z curious feature Of the
bove proposed legislation is the
'rovislon Tor severe penalty upon
s-e-sors .'iur Discrimination" This
b good deal ike he code Of Iowa
7hich for several years provided as
cau-= for removal from Office,
grus- impartislily."
The Oreyonian alleges the usury
nd mort gage tax laws b. the causes
( q tight money m8rEet in Oregon,
Ut the Weekly World dem. wou't
rknowledg< the fac; unr the cause
lerefor. The Woria says:
O4cE' Il - IL - LAL-4L - q = laA--s
nd - such, during The harvest SEA
IN, always experiences what may
2 termed q cio>e money market
his is due fsum the fact That the
lrniers are engaged in their har-
est, and the wholesale merchant
seives lille money during the
.outh, n. July aud August from lis
istomers. In turu, the country
.erchAuj must supply hls farmer
istomer with the means % pay bis {
arvest expense, while the banks
ave their :apilal engaged TO handle
le exports and 10 supply the de
iands 81 the wholesale merchant,
no needs D extraordinary amruut
capital at this very season f1r the
lrpo-e Of laying Ia bic fall stock. In
Iese legitimate enterprises several :
IL 4 4