The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-02-12

ana senate yesterday, is in accord with
Inc suggestion made to the legislature III,
Gov. Lind and which If needed vv0,,11-
rave saved Gov. Van SAINT the odi5n1 10
a special session; the tax Commission
the humiliation it's members are heinz
subjected to and the state not ONLY, fro,,5
me expense Of the session but from leg
lsiatlon that bids fair to be disastrous
The friends" Of the pronosed +av oo,z,
are not anxious to allow the farmers IL
aua tnelr Kicks to the storm Of nrotesf-i
Whlch mas risen against the c1ipninrg
bureau document, turned out by the fax
commission Jacobson says the farmers
nave no complaint, and in proof Of this
Grain the hrst farmer to appear for the
purpose of protesting was unceremonioIIsS
ly turned down yesterday by the tax corn
mittee
J. Lothrop, of Zumbrota, IS one Of tra
representative farmers of Southern Min
nesota He has been a resident az IN
state and a farmer forty-six years For
nve years he has been president Of 4
farmers cooperative elevator at yum
brota. Mr.. Lothrop is a gentleman oF
education, fluent talker and came to
st. Paul to voice the objections, which he
says are universal with the farmers OF
ms section. A hearing for him had been
arranged for yesterday morning. After
Mr.. Purdy had finished his address II yvs n
briefly announced that the farmers Would
NOT pc heard and the floor was given III
Judge Wells, Of Preston, and Al. II
Stevens. Of Princeton, REPRESENTATIVES IL
the country bankers.
Mr.. Lothrop was at the Merchants last
night, the guest Of Representative Sid
Barteau, Of Zumbrota. He said: II an
a h0nq for
forty-siX years. In common with the
farmers Of my county I am opposed to
the proposed tax bill. I do not know
farmer in the county who is not op-
posed to 1t and they are rapidly awaken
Ing to the fact that they must bestir
themselves or suffer the consequences Of
law worse than we now have The
farmers OF Minnesota know that if the
proposed taxation Of mortgages and
credits is enforced 1T will come back on
the soil. They win have to pay for II
Then the taxation of bank deposits pro-
posed by the commission. Our banks nav
3 per cent on time deposits left for ore
year. The local tax rate in Zumbrota Is
per cent If that law is enforced the
earnings of deposits would not alone be
eaten up. but the principal would have
to go to pay the tax.
Seven out Of ten of the farmers in our
vicinity are living on rented farms.
Those farms, now assessed at SIS per
acre, are paying all the taxes they can,
ana furnish living for the renter. Raise
the assessment up to the cash value az
the land, and it would mean ruin One
OF our farmers has purchased farm for
$1,000. He is struggling along under a
mortgage of $500 and may reasonably
hope to clear up the debt, SO that his
children will come into possession Of an
unencumbered home. Put the proposed
tax on credits and he will die in debt
Suppose he should wish to transfer the
mortgage to a bank. The bank tax will
draw deposits out and the banks Will be
compelled to call in their securities and
again the farmer will suffer. The legis-
lators must not suppose that the farmers
do not realize what the proposed elevator
tax will cost them. We store and handle
grain for a commission at the rate OF
cents per bushel per year, or a quarter
Of a cent per month. Do you suppose the
farmers do not know that they will be
losers when we are compelled to take
"a cents per bushel out Of them for the
tax?
The house adjourned yesterday after
noon until 1920 tomorrow morning. I'M
mediately after the house session the
committee on taxes will listen to Gen. III.
w. Childs and Lieut.. Gov. Ives on behalf
Of the tax commission. The representa-
tives of the Southern Minnesota live stock
raisers will conclude the morning ses-
sion with their protests and in the after
noon State Auditor Dunn will tell the
committee what ought to be done with
he cd