Custer County Republican. (Broken Bow, Neb.) 1882-1921, 1902-10-16

uuences growing out or this state OF
affairs are serious and some remedy
must be provided. What shall 1t be1
Tax Sinking IL an evil of great mag
nitude and IL. TO n great extent. re-
sponsible for this state or Affairs.
stringent and searching legislation
should be enacted, making 1t impossi-
BILE for the man whose property IL
largely invested in stocks and bonds.
notes and mortgages, to conceal from
the assessor his holdings. A fair valu-
alton should be placed upon our prop
erty Of every description. as provided
by the constitution. The coming legis-
lature will undoubtedly take up this
question. which has come to be one OF
the most important subjects for legis-
lation on account OF the facts to
which I have called your attention.
Railroad Assessment.
In the assessment of property, the
property of railroads and other corpor-
atoms. should be assessed at such
rates as will insure their bearing their
full share OF the burdens OF the state.
More than this we have no right to
ask less than this would be unfair
and unjust to all other classes OF
property The republican state conven-
ton used the following language in this
question:
The franchises. as we'll as the tangi-
be assessed 80 as to bear their just and
due shares of the cost of government,
state, county and municipal, the same
as other taxable property as contem-
plated by the constitution"
That is the position OF the republican
party upon the question. | accept 1t
and stand upon IT. 1t seems to me
that the true basis for the assessment
of property is what 1t is actually worth
in the market and not simply what
1t would cost to replace at the present
time. nor what II originally cost when
built. 1t seems easy for some to set
tie this and other kindred subjects on
the spur of the moment, but decisions
which affect seriously the interests of
the people should be reached only af-
ter the most careful and painstaking
investigation Of all phases of the ques-
lions involved. so that equal and exact
Justice shall be done to all.
Just to All.
Having been nominated for COVER
nor upon the republican ticket without
having given any pledges to any in
terests in order to secure the nominal
ton, and having kept myself in that
condition, entirely untrammeed, / am
in a position to say that If elected. to
the extent of my ability, in dealing
with these questions, l shall be gov
erned only by what / think to be fair
and just to all. No man can afford to
assume these grave responsibilities and
be dishonest with his own conscience
nor with the best interests and well
fare of the commonwealth, and shou
be fearless in right doing The fact Is,
it is financial sacrifice for a bus ness
man to assume such responsibilities.
but men should not live to make
money alone. The nation. state, church
and all other agencies have a right to
ask of any citizen that he should give
them his best service, and the citizen
so chosen should feel honored that he
Is called upon to act in such capacity.
Permanent school Funds.
school funds of the state may be safe
| ly invested Ia one of the most perplex-
| ing ones with which executive officers
| have to deal. 1t is of vital Importance
| to the scho0l interests and also would
be a great relief to the state treasurer
II 1t were possible to keep this fund
| invested in such way as to leave but
small balance in his hands at any
| time. Under the limitations of our
present constitution, this Is extreme y
difficult to do. The treasurer is only
allowed to invest this fund in United
States or state securities, or registerec
county bonds of this state. If tbs
[ CONSTITUTION were 81 dlDtHutu llil llle
treasurer was allowed to invest in
school district bonds, municipal bonds
of our own state, and the state bonds
of other states, and so that a Law
might be passed allowing the balance
II any, remaining in the hands Of the
treasurer to be deposited in depository
banks, the situation would be vastly
improved.
Administration Compared.
Under the present conditions, Will
both treasurers hampered alike by thu
restrictions of the constitution, the
following comparative statements o
the results Of the handling of the per
manent school fund by former stat
treasurer, Mr.. Meserve, and the pres
ent treasurer Mr.. stuefer, will be o
interest:
Total collections from all
sources by Meserve ............. "a, 739, 1874 8
Total collections from ell
sources by Stuefer ........... 5,906, 357
Messrye ........,.,.:.......... 81. Ice, se2 8
Meserve ......................,..., sos. 800 4
stusfer Observation-Disclosures. $3.50, e16 4
Disbursements Of stuefer ex-
coed Meservo ...:..........: 81 .Os7, o94 9
Total interest collected by
Total interest collected by
stuefer .............,.,......... l5.se2o
Interest collected by Stuefer
exceeds Msserve ..............$ 4,0T
Average monthly receipts Me
serve Observation-Disclosures 2iS, 47s.4
fer ........,....:.....,.,', BIC, $780,
Average monthly receipts OF
Stuefer exceeds Meserve IS 81, S7
Average monthly Disbursements
Meserve Observation-Disclosures; 241, SIS. )!
Average monthly disbursements
btueIer OBSERVATION-DISCLOSURES. ES,62T,l
Average monthly dlsburse-
ments of Stuefer exceed
Meserve .......,............,,..s 5T,7sS
Average monthly balance Me-
Average monthly balance Stue-
fer .....,..,......,..,,,..,. ol,SI7.;
Average monthly balance OF
Stuefer less than MeserveS Ho59
Average monthly interest col
lected by Messrvs ..............S GA
Average monthly interest ool-
lected by Stuefer .............. SGT
Average monthly interest col
lecter by Stuefer exceeds Me-