Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-09-28

Of California, leaving but 100000 to be
paid by the personal property; or to render
this more plain by different form OF
in two years the holders OF real
estate had The burden Of taxation in
creased upon them by the sum of S5,l59,-
600, while the owners of the species OF
wealth expressed in the form OF personal
property lost but 100000. The ge'ltle-
men who are candidates for Govern or zre
asked whether or not the real estate Of
California, already carrying a burden of
taxation amounting to Sl9,OJ0,6ej, and
another burden on account of S19;B00,0 900
interest on mortgages, was in position to
stand this sudden demand of s., 153, 900,
and what time will be required
to force the holders of agricultural
property into absolute bankruptcy
by this stupendoas confscetion. The
additional inquiry is alse respectfully
submitted, whether or not the gentlemen
who seek the sufrages Of the people of
California for the office of Governor are
afording reasonable guarantees that if
either OF them is elected the evils herein
set forth can and will be remedied?
6. The manufactures of the State are at
standstill. During last year nearly all
the wooden manufactures of the State
closed their doors. The price Of nearly
all commodities, except fruits, main
tanned unremunerative rates. The value
of the real estate OF the commonwealth
declined appreciably and is threatened
with further decline. The realty Of this
commonwealth is threatened with fur
ther increase OF mortgages, with further
confscation in the way of high taxation,
and the real property is suffering gross
outrage by reason of the inequitable adj
justment of the burdens of the Govern
ment
Any one Of these matters would furnish
forth a text for an intelligent considera-
ton of respectable State issues, and it
would afford the electors of this State the
highest pleasure to have the gentlemen
who are candidates for Governor express
their views intelligently upon them.
7. In the years 1872 and 1873 the rate
of State taxation was fifty cents on the
hundred dollars, and the total assessed
value of property in California in 1871
was $685., 232, 1923. The State gov
eminent was administered by a tax
Of fifty cents on the hundred dollars
upon an assessment of about S600000,0O0.
Is it not possible to administer the State
government of California by rate of %
cents on the hundred dollars when the
total assessed value of property has
reached twelve hundred million; or, to
render this into a more comprehensive
form, have the Conventions of the parties
done anything particularly wise in propos-
ing TO administer the government Of Cali
fornia by a tax limit of so cents on the
hundred dollars, at a time when the
total assessed value of property is twelve
hundred millions, and when it is part
of the financial history of this State
that it was administered at one time by a
tax rate of so cents on the hundred dollars
when the total assessed value Of the pro-
perty was about half what it is now? Is
there any reason why the gentlemen who
are candidates for the Office of Governor
should not agree to bring the State back to
its former condition of economy and thus
arrest the continually increasing volume
of mortgages upon its real estate When
the candidates for Governor have addressed
themselves to these very respectable is
sues of State policy, we have still longer
list of other and equally important matters,
which we shall take pleasure in calling to
their attention.