North Park union., 1902-02-28


the duty on sugar, has been passed.
Representative Bell introduced House
bill IL, which provides for the repeal
Of the submission clause Of the Buck
lin biil.
| Mr.. Norris has Introduced resolu-
tion for q memorial to Congress urging
ths exclusion of Asiatic iaborers, Japa
~ well a. Chinese.
The revenue bill Is still enErossins
the attention Of the House while the
Senate Il practically Mt standstil.
waiting for the measure to be passed
up to them.
Petitions have been presented from
the Arvada Grange and the Cripple
Greek Chamber of Commerce asking
that the BucklIn amendment be re-
pealed.
The minority of the committee on
constitutional amendments recommend
that the Adams bill for the repeal OF
the Bucklin amendment be indefinite
ly 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 Animns county,
has introduced new revenue Dill IN
the House. 1t la 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 1T3 Of the
revenue bill which would permit the
owner Of mn equity to buy In property
Mt 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 IL 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 cents per LOCO
shares where the pnr value Is less.
Discussing the mining tax In the
House, Judge Schweigert Of Custer
said: "The value Of farm may be
| determined with some degree OF GER
tainty. The value of mine cannot be
axed. The greatest experts OF the
world are unable to do 1t. II had
my way, every mining property In the
state would be exempted from taxa
tlon. You have no right" he exclaimed,
ITO enact law which will injure every
Door miner In the state In order that
Mr.. Strntton and Mr.. Walsh may be
compelled to pay proper amount for
the support of the state"
The House committee of the whole
on the 18th instant by vote OF 81 to
20, decided to tax all mining proper
lies at their full cash value. This was
the proposition offered by Mr.. Neeley
Of Boulder, and wns 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 n
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 compromise for the mining
section, which met with considerable
favor. It provides that the producing
mines shall be assessed for one-half
Of their yearly output, instead of one
fourth, ms the original bill directs
Eon-producing claims are to be as
sessed us other real estate, md the
assessor shnll 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 Mt half their out
put, but he wishes to define producer
as a mine which outputs not less than
$1,000 worth OF the precious metals
annually, and he Insists that non-pro
ducers be valued mt not more than the
smallest producer, which would be moi
more than $500 for u claim Of ten
acres.
Senator Ammons has introduced q
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
lness therein, shall be subject to taxa.
tion 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 leyying the tax.
The General Assembly. shall provide
by law, through the establishment of
a tax commission or otherwise, for the
assessment of such property lying In
two or more counties, and the distri-
button of the valuations of such prop
erty among the counties in which such
property IL situated. Section 2. Sec
tion 15 Of article 10 of the constitu-
tion Of the state of Colorado shall be
amended to read as follows: Section
Is. There shall he State Board of
Equalization. consisting Of the govern
or, state treasurer, secretary Of state,
and attorney general; also In each
county Of this state. n County Board
of Equalization, consisting of the
Board OF County Commissioners of
such county. The duty of the State
Board of equalization shall be to nd
Just and e1uallze the valuation of nil
taxable property among the several
counties Of the state, by classes or
items, or otherwise, in such manner
1 ms to secure just valuation Of all
taxable property, to the end that prop
erty Of the same value shall pay the
same stnte tax wherever situated.
The board shall also have the power,
as an incident to equalization only, to
increase or decrease the aggregate
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