Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1903-03-26

] of his Investment There was one reason
| why the committee decided 1t was not |
! wise policy for this State to tax over an.
above the actual value Of the stock whici
A. II or might assume that he was will
, ing to pay for that stock.
hope llau this law will not be repealed
and hope that the policy of this State t.
encourage and foster and look after man
| ufacturing enterprises will be continued.
Mr.. WING of Androscoggin:. Mr.. Presi-
dent, | did not think of making any re
TO say a word In behalf OF this statute. 1t
seems to me that the statute is very much
| alive. 1t passed through a revision of the
| statutes twice. 1t has been examined by
as astute lawyer as the late Hon: Jo-
seph Baker, and again by Judge Goddard,
and this obsolete law was amended In 1S7r
by this Legislature, which injected into 1t
mining company. Now, II Inns Jaw ~ei {
dead, it seems to me sacreligious that the
Legislature as late as 1879 should have in
terfered with it and amended 1t. The law
as it is at present is all l believe that is
necessary and all that is required The
senator has well said that there shall be
no discrimination against a business con-
Quoted as corporation. What class OF
property has no higher valuation i'll pro-
portion to it's true value than the manu-
featuring property of this State? 1t is a
fne field this taxation field-it is an easy
thing to plan how some other fellow
should pay more tax, but when you come
to the Justice of the thing there is no JUS
tice in the proposed proposition. 1t is
not wise legislation to take any new step
to destroy and tear down our industries
in any such way. j certainly hope the
Senate will not consider it.
The question being put upon the motion
of Mr.. Goodwin that the. minority report
ought to pass be accepted, yea and nay
vote was called for and ordered and re-
Messrs Alden, Bryant, Clark, Dudley,
Goodwin, Morse, Pierce, Pike, Rankin and
Staples of Knox-10; those voting nay
were Messrs Burleigh, Burns, Currier,
a rGnap (1liprnSpV X nOWltOn MaddOcLC
Manley, Morrison, Philbrook, Plummer
Randall, Staples of Cumberland, Stetson,
Titcomb and Wing-16; so the motion was
lost. The majority report, fought not to
pass, was accepted.
Report of committee on appropriations
and financial affairs, fought not to pass. !"
on resolve in favor of Bangor Children s
Home, came up by special assignment. On
motion by Mr.. Stetson of Penobscot the
resolve was submitted for the report; and
or the further motion of the same senator
the resolve took its several readings and
was passed to be engroSsed.
Report of committee on appropriations
on resolve in favor of Eastern Maine Cen
eral Hospital, came up by special assign
ment.
On motion of Mr. Stetson of Penobscot.
the resolve was substituted for the report,
ami on his further motion the resolve took
its several readings under suspension of
the rules and was tabled pending its pas
sage to he engroSSed.
Mr.. Bryant for the committee on appro-
priations and financial affairs, on resolve
in favor of the town of New Sharon, re-
ported same ought to pass. Report ac-
cepted on motion by Mr.. Goodwin of
Somerset. the resolve took its several read
ings under suspension of the rules and
was passed to be engroSSed.
Mr.. Wing for the committee OIL library,
to which was referred report of librarian
of Maine State library, asked leave to
place same on file. Report accepted.
On motion by Mr. Stetson of Penobscot.
resolve in favor of Eastern Maine General
Hospital was taken from the table and
passed to be engrossed.
Mr.. Titconib OF York, under suspension
of the rules presented bill, An Act rela-
tive to the treasurer and collector of taxes
for the town of Acton. On the same SEN
ator's motion the bill took its several
readings under suspension of the rules, |
and was passed to be engrossed. |
On motion by Mr.. Stetson of Penobscot |
the Senate adjourned to meet on Thurs |
day, March 26, 1905, at 10 o'clock A. M.