Evening capital journal. (Salem, Or.) 1888-1893, 1891-02-04

tions. A great deal Of money
loaned in his county was taken from
other counties, aud by this amend
ment no deduction could be had for
such.
To allow only deductions for re-
corded Indebtedness was to destroy
uniformity. A great deal Of debt
against realty was secured by sim
pie notes, and not recorded.
Rep. Mimic gave an instance of L
man, who by borrowing OH his prop
erty had avoided all taxes. There
was another class who borrowed
state funds, beat down the as, -ssor
to the lowest notch, and one such
escaped taxes OH 1900 acres Of the
best land in this county. He would
prevent such Outrages.
Rep. Geer, who had called Rep.
Barrett to the chair, said not more
than One.third Of our assessable
property was returned, aud we were
hard put 10 raise money. Our eX-
penses were $4,000 per annum.
Ouly Sll5,OOO,OOO property is re-
turned. Senator Stanford could buy
our whole state according to this.
This was ridiculous. Our state val
ua;ion was not advancing with the
progress and demands of the various
interests of cur growing state. The
speaker was comparatively a poor
man. Our present law wasjust; Dui
not enforced. If the poor n:an
claims deductions he must allow
the rich man the same privilege,
who could take greater advantage
it. We have $500, 900, 900 proper
ty in the state, II 1t were properly
returned. If we raise our levy we
increase the burden of those whose
property and business operations are
on so small a scale that we cannot
conceal our property. flour officers
would do their duty we would need
no change.
Rep. Miller was opposed to allow
ing exemptions aud favored the
amendment Of Rep. Hall. Under
present system honest men as well
as racals escaped, and property es-
capped most of all. 1t was put in at
/ to its cash value. Business men
generally owed J to ] their property.
We should assess actual property
and not so much seek to equalizr
The contingencies and inequalities
between individuals and classes.
The proposed change was in har-
mony with the principle of taxing
the property instead of the man.
Rep. Story said many a man most
able to pay never appeared ON the
tax roll. He favored abOlishing the
mortgage tax, the exemption 'aw
and usury law.
Rep. Ganbee said a proposition to
repeal the mortgage tax was prop.
ositiun to exempt holders Of mort.
Cages aud that was declared uucou
stitutional by our supreme court.
Taxes should be laid upon the
property not upon the individual.
Rep Barnes said three fourths OF
tht people had decided in favor OF
the principle Of exemption. But II
, operated badly in practice and appli
cation. What was the remedy
Some said the constitution was op
, posed, so that we.could not correct
, this evil. This was not so. We
( must empower our assessors to find
= out what citizens were worth and
E thus compel citizens to pay theiI
! just taxes.
If we did not allow exemptions
? we declared in favor Of taking them.
Rep Jennings moved TO amend
substitute Of Hail 10y making limit
estate" in place Of county.
Rep Holmes called attention t.
, errata Of bill, recommending strik.
| ing out Sec Is aud 10. This was an
p error OF committee.
Rep Hall asked that committee
/ pass Sec Is, and that "A substitute be
prepared. Carried.
sec 10, fixes exemption of $500 fol
each householder. Adopted.
Sec 20, relating To transfers OF
mortgages aud rendering mortgages
, on land In more than one county
void. Adopted.
Sec n, that payments on recorded
mortgages must be recorded. Ad'
opted,
, Sec -, that mortgage Aote secured
by land shall be deemed land. Ad,
I opted.
Secs y an "a, defining duties OF
precinct Assessors.
Rep Holmes moved 10 strike out
pars.l7 and Is, listing gold, silver aud
plated ware, And farming lmple-
ments. Lost.
Rep Story moved 10 strike Sc 30,
listing sres. Lost
Rep Armstrong moved to strike
SEQ 10, listing gold watches anu
clocks. Lost.
The sections we're adopted.
Sea 2S, prescribing oath OF person
listing property. Adopted
Sec Vi, prOvidlng Vvrih atiou o,
nath by ass,ssor, aud hNlug penalty
Tor peuury, Adopted.
See -, that assessor may examine
perSnn listing his propyTty uud, r
oath.