The Elk Mountain pilot., 1902-02-25
PROCEEDINGS OF THE EXTRA
SESSION OF THE LEGISLATURE

House joint memorial No. l, by Mad
den of Weld, asking Congress to retain
the duty on sugar, has beeI: passed
Representative Bell introduced House
bill II, which provides for the repeal
/ Of the submission clause of the Buck
lin bill.
| Mr.. Morris has introduced resolu-
| tion for memorial to Congress urging
the exclusion of Asiatic laborers, Japs
as well as Chinese.
| The revenue bill is still engrossinG
the attention of the House while the
Senate is practically at standsull
| waiting for the measure to be passed
| up to them.
Petitions have been presented from
! the Arvada NGrange and the Cripple
Creek Chamber of Commerce asking
| that the Bucklin amendment be re
| pealed.
The minority Of the committee on
constitutional amendments recommend
thar the Adams bill for the repeal of
the Bucklin amendment be indefinite
~ postponed.
| The taxation of mining properties
promises to produce the liveliest de-
bate of the session. Mr.. Lubers Fri
! day spoke in favor of assessing claims
at full cash value.
| Mr.. Lubers, of Las Anlmas county,
has introduced a new revenue bill in
the House. 1t is said to have been pre-
pared by an attorney of the railroads,
and TO meet with their approval.
In the house Mr.. Carringer offered an
| amendment TO section 1I3 of the
revenue bill which would permit the
! ..fn l.trxr in
at the same price as bid by the tax
buyer.
Among the amendments suggested to
the fiat tax section is one exempting in
surance companies from the operation
of the law. 1t is claimed that this
would put domestic companies on
plane with foreign corporations, which
is not the case under the workings of
the present law. 1t is generally agreed
that all corporations should be treated
alike, and that the rate should be
cents on each $1,000 of capitalization.
where the par value of the stock is
more than 81. and 9 cents per 1000
shares where the par value is less.
Discussing the mining tax in the
House, Judge Schweigert of Custer
said: .'rhe value of Il farm may be
determined with some degree of GER
tainty. The value of n mine cannot be
fixed. The greatest experts OF the
world are unable to do it. If l had
my way, every mining property in the
state would be exempted from taxa
ton. You have no right he exclaimed,
ito enact law which will injure every
poor miner in the state in order that
Mr.. Stratton and Mr.. Walsh may be
compelled to pay n proper amount for
the support of the state"
| The House committee of the whole
| on the 18th instant by a vote of 81 to
26 decided to tax all mining proper
ties at their full cash value. This was
| the proposition offered by Mr. Necley
| Of Boulder, and was the most radical
of any of the amendments offered in
the House of Representatives from
the farming and stock-raising districts.
Opponents Of the measure made
strong stand. and when they found
that the tide was setting heavily
against them, proposed all manner of
compromises, and exhausted their elo-
Quence in an endeavor to have them
adopted.
In the debate on the revenue bill in
the House. Mr.. Ballinger of Park pre-
sented a compromise for the mining
section, which met with considerable
favor. 1t provides that the producing
mines shall be assessed for one-half
of their yearly output, instead of one
fourth, as the original bill directs.
Non-producing claims are to be as
sessed as other real estate, and the
assessor shall take into consideration
the claims proximity to producing
property and their market value.
Speaker Montgomery, on behalf of the
mining interests, has consented that
producers be valued at half their out
put, but be wishes to define n producer
as mine which outputs not less than
$1,000 worth of the precious metals
annually, and he insists that non-pro-
ducers be valued at not more than the
smallest producer, which would be not
more than $500 for Il claim of ten
acres.
! Senator Ammons has introduced a
! constitutional amendment to article
| 10. The important changes from the
! present law are embodied in the fol
| lowing sections: Section 10. All
! corporations in this state or doing bus
| mess therein, shall be subject TO taxa
ton for state, county, school, munich
pal and other purposes, on all taxable
property, tangible or intangible, owned
or used by them within the territorial
limits of the authority levying the tax.
! The General Assembly shall provide
by law, through the establishment of
tax commission or otherwise, for the
assessment of such property lying in
! two or more counties, and the ds.ri-
button of the valuations of such prop
erty among the counties in which such
! property is situated. Section >. Sec
| ton 10 of article 10 of the constitu-
ton of the state of Colorado shall be
| amended to read as follows: Section
! 10. There shall be State Board of
| Equalization, consisting of the govern
| or, state treasurer, secretary of state,
| and attorney general; also in each