Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-02-15

receipts from fees aid int, the Hia te
/ ttetsuty from nii sources, soy. Slb OlOi'
/ 90: savlnx In Interest on WoTlue Far
| " trranle, II taken up by Issue Of bontf,
Ne recommended, %, 10000; SAVING IN
| interest on Territorial bonus NJ 1888, "
! refunded at four per cent, sl,5uO.0O.
! Total estimated hvailshir revenue Tor
general State purposes, siOi, $4,000.
Although there Il AZ excess In this
/ cairu alton ~ estimated revenues over
estimated * qausos, OF 80. 921.42, II will
b. n1te that al the estimated expen-
d,tufcs are Marked down 10 the mini.
mum, and many very essential needs
Of the State are omitted altogether
have made no allowance IN the fore.
going estimate for expuuse u ASSESSING
aud collecting the state tax, bocauto
1 assume that inasmuch a. the county
assessors and collectors are 10 receive
nHe1 and definite saisrlos, you viii
provide BY law, tbat such compcnta'
ton, 10 DO paid by tue respective olun'
tles, viii include the ats lssiuR and
collecting Of the Slate tax. In regard
10 the deductions ,or femislious and
abatement, have included none In
the estimate for the feas0u that tho
Constitution does not authorize any.
Accepting the foregoing ~ q fairy
accurate estimate, recommend that
the tax rats fof the year 1896 DO nxod
~ folloUs! for general state purposes,
- mills; for school puTpofes, millij
Total, ~ mills.
From this oufaory examination Of the
financial condition Of the State, u IL
plain that the most figorgus economy
must be exercised, In order 10 bring
a.
even ailer tbs issue Of 500, 900 Of now
bonds, aad Increasing tue tax rate I u
mills on the dollar over the iHlo ~
last year.
Itshould be borne In mind, also, that
IN 0ne year there IL 10 b. another ses-
sion OF the slate Legislature. the ex-
ponse Of which (pfobnbly S35,000l is
not Included "a tno foregoing estimate,
although such expense Will Of necul-
silly have e. he met before the taxes u
1897 nro available.
IL Il my earnest hope that before an
other year st least some revenue may
10 derived from tho proceeds OF sale |
aud lease Of lands. tut 90 accomplish |
such result. II will DO imperative tina, |
selections OF lands be made, and the |
approval OF the HccTelsTy Of the IT,
aud despatch.
| recommend % your confederation |
the propfieiy, oiincreaslng tho revenues
10 some extent by lcg.slalion, which |
viii authorize the following;
A moderate annual license on foreign
insurauoc ami other oompaules doiug
business within the Slate.
a moderate inherltsnce tax 10 b.
paid by wealthy estates In probate.
a foo OF not 10 exceed fiiiy cunis pcr
thousand on tue capital stock Of esch
corporation hereafter incorporated
within this State.
All Of these suggestions nro actual
realities In various other stateF, Aud
yield Ia some Instances revenues that
are Of great advantage.
In conclusion, l cannot fefhear 10
urge upon you the necessity Of keep.
ing tue expenses SAFELY within the
revenues. No work or Low under.
taking, Involving expenditure a
money, not an absolute and generally
fecOg uized necessity, should be- coun.
nj this session. Neither should
offices 10 created. We
were elected upon a platform pledged
10 economy. LIT ~ livs up 20 our
pledges Tho party charged with there.
Of legislation has had COM
ml,ted u II n great trus', Tor the faith
hi execution Of which tho people
Will hold II 10 the ntricttst accouuta
billty. IL II shall succeed In poiorm-
Ing ils responsible duties honestly,
aud economically, anu uts
IL power for the general goo1, Ito 1T
ness for public tust will be demon.
Ilraled anew, aud the people will know
where ~ Tspusc their confidopos again.
hEnER NJ. WELLS.