The times. [volume] (Richmond, Va.) 1890-1903, 1902-02-23

from every line Of safe and conserva-
tive action. Not a single rational de-
tense could be made to the measure. 1T
meant that a $4,000 tobacco factory
could be taxed $500 and a. $40, 900 carpenter
shop could be taxed $50; a $4,000 coal
mine could be taxed 500 and a. $4,000 iron
mne could be taxed $50 or it meant
nothing. The special object under the
surface of taxing transportation and
transmission companies beyond other
classes of property having been attained
In another direction, it was time to stop.
Mr.. Cameron concluded in a strong APP
peal to adopt the Hamilton amendment.
Mr.. Meredith defended the recommen-
dation l5y the committee with great
ability. He quoted from David Wells to
show that the principle was right and
in accordance with a just system Of
taxation. He insisted that all the COM,
niittee had in view was to give the State
a fair chance to tax every subject of
taxation with equal and exact justice.
Under the present law it was VIGOROUSLY
impossible to do this.
REFUSED no RISE.
At 1915 o'clock, when. the vote was
about to be taken on the amendment,
judge Marshall said it was too important
& matter to vote on with such small
attendance He moved that the commit
The committee refused to arise by a
Vote of 10 TO 50.
Messrs Hamilton and Wysor, oppo-
tents of the section. moved to pass by
consideration until other sections have
cen disposed of.
This motion was adopted-1eas, IS
nays. 81.
Sections and We're passed by. ana
section was disposed Of This relates
To f.. o.
Assembly for imposing franchise, license,
corporation, municipal, county OF other
taxes 1t also provides that when 4
franchise tax shall be imposed upon
corporation or whenever all the capital,
however inverted, of a corporation char
tered under the laws OF this State, snail
be taxed the shares of stock issued by
any such corporation, the same repre-
senting the business or capital SO taxed,
shall not be further taxed 1t also pro-
hibits cities or towns from Imposing any
fax or assessment: upon abutting land
owners for street or other public local
improvements except for making and i'm
proving the Hallways upon-then existing
streets, grading or paving aileyWays ana
for construction of sewers. the same shall
not be IN excess of the peculiar benefits
resulting therefrom to such AUDITING land
owLers.
SECIloN=
This section was adopted with an
amendment, offered by Major Allen, in
sorting grading CT paving alleyways,
Section 4 provides for the reassess-
rnent of real estate in 1862 and every
fifth year thereafter at its fair market
value
Section was adopted without amend
mentA
Section 5, requiring the General AS
sembly to provide for the special and
separate assessment ofall coal and other
mineral lands. was agreed to.
Sections provides for State capita
ton tax Of not exceeding s1.50 per an
rum upon every male resident notsless.
than twenty-one years of age, except
those pensioned by the State for mili-:
1arv service. One dollar. shall be ap-s
piled exclusively i'll aid OF the public free
schools, the remaining 5Oacents shall be.
returned to the county, to be appro-
priated for such purposes as may be de-
termined by the county authorities !ass
After considerable discussion over
amendments offered by Messrs Gillespie
and Thornton, the committee arose with
out coming to a vote.
STAY IN SAME Place.
Mr.. Hamilton. for the committee aP-,
pointed to recommend another hall re-