Valentine Democrat. (Valentine, Neb.) 1900-1930, 1905-04-06
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new revenue law has affected the differ
| ent classes of real and personal property
! in the state during the first year OF It's
operation. 1904, as compared with the
results achieved by the old law the year
| previous. He has multiplied the assess
mcnts so as to bring them TO Il full valu-
alton and finds that the assessment on
invisible personal property in the
state has been increased from Stj6.39l.-
5S4 to $121 ,G20, 500, or nearly doubled
This classification includes bonds. stocks,
warrants, money. credits, mortgages,
franchises. annuities and royalties,
shares of stocks and property of corpora
tons, stock Of banks. diamonds. Jewelry,
etc. Mortgages account for S22.JGG.UIJ
Of the advance and credits about as
much. money $5.000,0O0, royalties and
annuties. $4,000, and diamonds and
jewelry about doubled or raised To q to-
tai of S4J39j0 Bonds. stocks and war.
rants decreased about 100000. The
visible personal property. such rs mer'
chandise. household goods, farm ma.
chinery and implements, live stock. and
the like, increased (from $1T0J}4.526
to S211 GIG 100. Railroads. including
franchises, kept pace with the advance
the old figures being $163. IU4,GIG
against 500. $3.50 in 1901. Land!
jumped in assessed value from S121.
ia, ass TO SSS1, 19J,S15, most of the ad
vance being on improved farm lands
which went from SIS. 100000 to SELL,
| 100000. Unimproved country lands went
down from $94.000,00O to So zoe 600
and city property, including both i'm,
proved and unimprovPd lots. increased
from S199,0O0O00 to 5000, 100000. Tn,
total figures show that on fuil vaiua
ton basis all property in Nebraska Wal
assessed at Sf.45T, G50.GSO in 1904
against $1.l3O, IJ0,21j in 1903.
If ail the appropriation bills pending
before the governor and legislature art
enacted into law the total appropriation.
for the tWenty-ninth session. exclusive.
Of the temporary school funds. viii
amount TO S3.S5S,9TS.I4. and afterdeilct
ing the aggregate of temporary universe
ty and other special funds. STE. 2.OG
and the estimated general fund receipts
S2,Sl9,244.I1, 4 net increase is Showr
in the state debt of $269. G21.9 bringing
the total state debt up approximate,
to S2,oUOOO. The total appropriation.
two years ago amounted to S3.74D 80
OF the appropriations made this veal
some. such rs the 100000 for the bind
or Irvine plant, and the live stock uavil
ION. advocates of the measures claim
they should not be cIassed as liabilities
III the strict acceptation of the term
but Gov. Mickey takes the view that
they are nothing else. They go r. swell
the general total ana figure ultimate1
as nothing but obligations.
Having blighted all hopes thus far fol
anti-railrOad legislation by killing of
every bill of that character which has
come UP for action. the lawmakers ara
rot inspiring any great expectations fol
the passage Of any Of the railroad com.
mission bills, one Of which prorerI7
drawn, the public had Iongod to nave en-.
acted into law. Cady's principal bill
mas passed the senate. that is true. but
as its way through the house is more
devious and complex it manifestly is
1faught with greater uncertainty. Sen
ator Cady is doing his utmost, with the
aid of Il few other members however.
to secure the final passage OF this meas
ure, and has hopes of success. If he
does win, that will be the only law en-.
acted by this legislature even bordering
On freight rate legislation.
The legislature snatched time from =
busy day Friday in which the last yes
tige Of a railroad rate bill was ohIiter.
ated. to fix Thursday noon. March 30.
as the time for final adjournment A
Joint resolution to this effect was ADOPT
ed by the house and senate. This does
not, however, make it positively certain
that the twenty ninth session will adj
Journ sine die at this hour. for as is the,
case with nearly all legislatures when
the time comes to quit. many measures
are likely to be on hand and the tradi-
ton of stopping the clock is liable again
TO be brought into vogue. However. the
members as whole seem quite anxious
to get through just as soon as possible.
The state is about 50 900 better off -
result of the discovery by Deputv,
State Auditor Antilles Of some bookkepn-
ing in the office of the auditor. Incident
ally, Custer County is to the bad inst
this amount and an inquiry from the
county clerk Of Custer County regard
ing the amount of money that county
had paid to the state for the suppOrt Of
Albert Merschinger, insane. led 10 the
discovery
While Thursday, March 80. has been
fixed as the time for final adjournment
Of the legislature, conditions Indicate
and members believe the end Will not
come before Saturday. This IS because
of the large volume of work yet 10 be
done. However. aside from the various
appropriation bills, few pending meas
ures are of more than passing moment
and as has been said on several Occa-
sions, the state would not suffer if the
bulk of these remaining bills were al
lowed to perish for want Of action.
The Christian Science bill in the SEN
ate provoked a series of earnest speech
es, some of which became acrimonious at
times. The Christian Scientists. who
have given the bill their utmost attention
and been constant in their attendance
at the capitol in their plan to defeat it,
were largely in evidence. The measure
was recommended for passage by vote
of II TO II.