The Farmington times. [volume] (Farmington, Mo.) 1874-1902, 1901-01-10

ehsmisiryj the board requiring a rating
nf seventy Der cant In ali branchca-not
leaa thar lfty per cent. TO be made in any
EDUCATION.
state University.
IN no institution In Missouri. inderd In
few, IL any, "a the Mississippi Valley has
the growth and advancement beer grva,or
IN tho last four year. than In the Iuiver- |
atty OF the State Of Missouri This al
Z vAHrement has been not only IN attend
ahce of stuaents but in the charactci
and oNcclicncs of work done TRc Nils.
souri State University IN taking rank ~ Il
well deserves 90 do among the leading in,,
Htltutlons of America. ThlH progress Will
be gratifying 10 the increasing number Of
/ friends that the University has through
I out the State, Tuition has been INSIDE
course mas been extended 80 rour years
! and the law course 20 three ycatni q
high school education ts now REQUIRED Tor
admission Co both courses. Tho lAh1ra- |
tory Of Anatomy has been equipped and
| the chair Of Anatomy Hlird,
The Parker Memorial Hospital erected !
| through this generosity OF william !,
| Parker Of Columbia. supplemented 0y the
State appropriation OF tlQUq9 has been
built. This hospital II for ciinicn. for the
care OF students who are STICK and fof
training nuraes. An appropriation wih bn
needed for It's equipment
school af Mines and MstatIurRy.
The past four years have heen notable In
| tho annals OF the Missouri School ~
Mines for changes and Improvement \
| general reorganization of The faculty ana
actor Of the work of the school has been
| accomplished The latter which was
largely academic and preParatOry has be-.
come most purely technical The full
| COURSES for engineering degrees have been
strengthened nnd the standard i,'r Bdniig-
don TO the school very materially raised
| The results 90 these changes nave bCun
gratifying In the extreme
state Normal schooI-lStrksvIIIe.
During the past four years the nymber
~ STUDENTS enrolling each year has
| changed but little Tho school mas been
wording to Ne full capacity. II could not
DO Justice 20 large numbers. n tharC were
more rooms and more teachers thrtrwsuld |
be large uumterE Of students. Tile stand |
ard Of entrance and graduation has br'u
raised. Small department hhrarirs haNl
three new Laboratories hay" been fairly
| well started, 4 good Manual TrHnins
stoP has been established and Is now in
successful working order
STATE FAIH.
The state Fair, established by an act uf
the Fortteth General Assembly. the iugs.
tiou and management OF which WUa
charged 90 the state Board pf Agriculture
| Is an institution worthy of liberal support
I g-As' w F'tsf'' s'hf@'N N'riF ? ''+ .s''
fui attention.
The hoard af Agriculture. after an In
sprcilun of the sites offered and a careful
examination of an propositions submitted
hy the several cities, located ~, Stat"
Fair on = tract Of ono hundred and sixty
six acres adjacent % the city of scdalia.
OF which one hundred and thirty six
acres. constituting the Fair Gr1unds rs
conveyed directly 10 the State, ana the re-
mfirinp twcnty-foug acres is held IN trust
70 BE- sold for the benefit of thc state Fair
fund
The directory had 81 H. disposal flr
equipment y grounds on ~" nrs' day ~
January 1870. &. - that had accumulated
a. IN, treasury 60 the credit Of the Horse
| Hrs'dcrH Fund and fi-i 10 the 'tats falr
Fund During the year lsO the revenues
arising from the amended Breeders biil
available for state Fair purposes OF 'i'-
a liberal appropriation by tho I'orty-nrsi
General Ass. Why u absolutely rr#"Htlul
tn an exhibition iu istl. and without such
hH exhibition Undsr the terms ~ the act
establishing the fair the realty and the
hnUru, rmsuJ thereon VIII revert TO N"
donor.
In this connection ! will suggest that the
state nullii1ys erected Gt the 81 Louis
Worlds Fair he 20 constructed of steel
ard planned ~ 90 be taken apart after the
lElr II over and be shipped TO Srdal'a tuf
rc-erectton on state Fair grounds, and
that the law providing for the State exhib-
sent also to sedaiia lor our state Fair.
STATE fhUiT EXPERIMENT STA
TToN.
Another Of the varied products of Mis-
" uri ~ the ftult Industry. Not many
years ago fruits were regarded as lltt'e
more than a luxury, now they Hry fast
becoming a necessity and can be found on
every mans table IN some form 40 an Nrti-
cic OF daily diet
fruits have attracted tho attention of the
world by our heavy export trade and the
numerous prizes awarded al the different
expeditions and Worlds InirH. The fruit
product has become an important factor
IN tho commerce % Missouri and the IN
dustry has grown to such Immense pro-
portions that II requires official notice
The last Legislature for good and sum
cirnt reasons enacted a iaw establishing
a state Fruit Experiment Station, 20 be-
located tn south Missouri and ander the
provision of that law I appointed three
diAnterested commissioners from other
parts of the State who AFTER careful In
Ntstigatlon OF the advantages uf many
different places locstod the Experiment
Station at Mountain Grove, Wright coun-
'rhis Is the only exciunive fruit ezperi-
mtnt station In the United States and ltH
pofHibiliIlcs and future prosperity are Of
incalculabl" beEcnt to the prosperity cf
Missouri.
FRANCHISE TAXATION.
The objection TO the payment OF fran
ChiHc tuxeu 40 uEualy made, is that the
corporatious ph0rc f,anrhises are pTo-
posed % be faNrd. have. within the limits
~ the taxing State certain tangible prop
} eTty, and that said tangible property must
be valued as other like property. that
upon Huch valuation alone can taxes be
assessed and levied against corporate as
! sets But a. has bern well pointed out by
the courts, the existence of intangible
property ia wholly ignored by this plea OF
| tho corporations, or. at least, they deny
the liability ot this intangibic property %
taxation. II has been well znid. In the
complex civilization oi to-day, large por-
ton of thu wealth Of a community con
sists in Intangible property, and there Is
nothing In the nature Of things, or I'm the
limitations Of the Federal Constitution
which reatrainS n state from taxing Rt it's
real value said Intangible properly.
II matters not IN what this intangible
property consists, whether privileges, cor
lporote franchises, contracts or obligations.
lt is enough that II ls property, which
, though int 1nstble. exists. II has value.
produces income, aud passes current ia
the markets Of the world
Section 4, Article of the Constitution
of Missouri provides that IAN property
subject to taxation shall be taxed In pro-
portion TO It's value e.
section Z, Article Of the Constitution
; provides, "All laws exompting property
from taxation other than the property
above enumerated, shall be void
refer 10 these general provisions Of the
, organic law 20 show that In tho absence
OF special exemption in the constitution
itself, every class Of property IN Missouri
II subject 10 taxation This being So the
; | any fIutHAtNh REMAINING - WuGlHfT or not
provision mas been utada by the general
assembly for the method OF assessing the
tax and enforcing the collection thereof
nASkISS BUREAU.
I desire TO urge you again 10 give the
matter Of the establishment of Banking
Bureau N Missouri your careful cunSld-
Grafton. Two or more Governors have
called the attention OF the General As
scmbiisa 20 the Importance OF thiH legis-
iaiion. The banking laws IN Missouri Gs
. they now stand are crude and far from
. perfect Banking supervision when loft
! IN the charge Of q State officer who has
already all the WORK he ought 10 be ex-
: pected to De, In meeting the legitimate
acmandn upon him. can not but be ~ sec
HndRry Importance TO him and more or
less OF a farce. The Rank Commissioner
? to be placed at the head OF this bureau
I should be A trained business man. and
should be appointed BY the Governor, Tbs
/ ONCE should be removed as far ar possible
/ from politics.
II - 20 be hoped BY not only bankers
themsHtNes, who tavar the most rigid In
apecinn laws but their patrons As welt
who constitute very large per cent OF
opr population, that this General Aascm-
bly, Will appreciate ;ss .sssiis-.saeS cs ..ss