Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1891-02-06
RAILROAD YAxes-
The ImpoxtaIt Quss'ien Discussed
1sfoso Committee Last EvseiDG.

ads.r is<d, bus o Tie 7, isst OF parties la |
tefes-ei the hearing Oh Iszssioa OF street !.
rxsi=s ys res ras.porei 10 the evesing Of
M,rd-y. the le;h inst.
Hall c bsEl ixh AZ pesrei in the iatsrest
If the Farmer pfIsecf;se Eaisn Of Mare |
sad the Patrons os Hasasairy. ard 1t the |
so 0slo farmers OF Maine lie said that the
farmers b. lie vel .Ita reason tha, large
portion Of tie rsilssy s,st. m Of Aksn-
WAS escaping ttxss.on they Recognized
what lie railroad. Lsi done f.f The St~e
but they had slsJ reeJsniz.d What the
STATE. t, rough its agriculture, had dane for
the railroads. The farmers are not saiis-
fed xlih tie eport Of tie TAX commission.
they drBsrj a tax upon ihe frsscai.e Ut
the several Railroads, based on tue market
| vaine OF the seek sna hoT d. of the rail-
reads or far a ges;u,tsd tax on ihsir 2ross
esruIr IS. They propose on ins first 5 coo
zfoss eafnlngs, per mile, = tax of ! Ter
| cent or IS per m lie; the second $1,000 per
| N II, ] ] Per eent tor the third $1,000. q
per ceht fer the fourth $1,000. 81 per
| cent for the fifth 5000, II yer cen,
amounting to SIPS rer mile. Til, increase
continues in the same rstio.
J. p. Base of Bangor believed that this
system of taxing the gross essniogs and
| relating to the term accordi7g 10 the smouat
| Of stock owned in each in accordance with
| the present law wss correct. He estimated
the municipal and Individual loss incurred
in the builJipg of railroads to amount 10
| So eco COO in Bangor alone.
| Hoo. A. A. Strou-. Of Portland in behalf
| Of the Atiattic and St. lawrence X. X
| This road WAS chartered in 1916, ard the
| city Of Portland loaned its credit for its
completion, taking upon itself such a load
| that II nearly made Them b,Bkrup.. The
Les stature. by lis charter, speeifed hos
the road should be taxed, and enacted that
no other tax than is hereby provided shall
| ever be isved On SAID corporation. To
these privilege. the Grand Trunk Rail-
way by act of the Legislature in 1851
succeeded. He then spoke of the crest
benefits accruing % the State and county
through this rosd. Mr. Strout reserved
bis opinion as to whether the Legislature
could tax the Atlantic AMI St. Lawrence
K X. lie did mol argue this question as a
matter Of law, bat as mater OF right.
Geo. p. Wesco,t spoke in behalf of the
| Portland and Rochester road, 80 mil Is in
length. which after an sxpenditute of 81
| 80 600 is now worth $50 600 The road
| will probably earn next wear about 5000
| per iuliN Ath pay SIX
tax per mile under Mr.. Bus,eiph's scheme.
This would be about ! per cent on the net
earnings Of the road in 1890 and of II per
cent of the net earnings Of 1852. Under
the present system the rste was about per
cent ON the net earnings for 1890 and per
cent for 1889.
George {. Wing, Etq of Auburn, spoke
in behalf Of the Buck field & Rumford Falls
| Of which he - Tho
gross earnings of The roai are abou, $500
per mile. Under the Burleigh scheme this
road would be take about per cent. on
its gross earnings. TLis would leave a de-
tcit of some hundreds of dollars annually.
E. +. Webb, of Wsterville, in behaif of
the Somerse: Railway, ~ miles in length,
which last year earned S54 600, which has
cost about 81 ,0o0 ,00O, advocated the pres
ent system Of railroad taxation. Heavier
taxation wonld drive away the foreign
capital now drawn toward Maine.
Mr.. Burleigh illustrated tn. working 81
the Vermont law of taxation on roads,
.hich is similar to that proposed by him.
Farms are not generally profitable, but
they are ali taxed.
Bill Aimed at Ri sets.
Hon. j. z. Bass appeared before the
committee on agriculture Thursday after
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Pge2n La" In Committee
RIO committee on lsyal Affairs covo :,
be.ri,, IN tho ns,it; ;, for ,.,-oI ~ ,l,n
,sa ,ci,,;ya IN tr,n .hooting The,n ,,s
,h,r, 500 reti.ione,s Cor H., ,sn.,I mo,tly
rom T,sw;s.on ard v;,;n;tv and abnrt The
SOM, numbe, If ,.mars,r,n,s George
brew F +. Field snd II, d Teal Of lev
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