The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1907-01-03
PROSPECTIVE STATE LEGISLATION
Comment on The New Administration ana Suggestions
IS 10 some nj the Probable Laws 10 Be Ense'ed.

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TAsatcr ot isvss Isrr@ssss~.
Thw question vi r.sls4ns ~ uaF
1a.sng Laws ts, 81 eoaFee. af prime
Importance, az ID. state IL sss~plY In
debt. I'D consideration os n~~ DE-
s@ade ua shv rxrhsausr can a-t be
considered ug;ii way IL toaaa to
pay ap pass obligations aaG find
res resources for The sasaTN II ~
curious eo.nessent that @hsle the
people of Texas are nos more pros
porous snan ever in their history
the government Ia bankrupt Cow
srt4ite and uealeeflfs in legislators
r. responsible for this condition
$ew taxes must +. raised. and ~
seems. in the light of The urgeat Dr.
,nands for NOR. money from all
state institutions 3 temporary In
GREASE IN The al vaiorem Is inesis-
able The laws for the TAXATION Of
corporations, stocks and bonds aud
the nlmhl. wealth that has hereto
fore aluaaa The taa-Ea therer must
be- sssta and strengthened. As most
of lh. legislation on these lines IN
the last legislature was hotch@d W
in some way sd that the law de-
iay" has created tremendous hia.
tbs between income and expenditure.
One OF the troubles With our sys-
tenn of taxation il, al least so far as
state revenues are concerned. that
the counties and cities are permitted
10 fix their own ratio OF assessable
values to real values. II a county or
city does not need much money for
their own use. assessabie values are
made low. and the state deprived OF
its Just dues. This method violates
the mandate of the constitution that
taxation must be equal and uni
FORM for people In some counties
pay to the state on higher assessed
value than in others.
Insurance Legislation.
Strange as /, may appear, 1t is
nevertheless true that insurance
companies. as well as some other
corporations that make no invest
ments in Texas. or spend none OF
their profits here. pay less taxes than
those that do. Insurance compa MES
gather large profits from Texas PEG
pie, vet make all of their invest
ments in other states. on when
other states are paid taxes. Legisla-
ton will be introduced to require
foreign insurance companies TO in
vest some OF their profits on Texas
business in Texas. That is as !
| should be. Wealth that IS gained II
Texas should be invested IN TeAa
| and not taken out TO build up othe
| states.
Levee and Drainage Work.
A law will undoubtedly be pass
| ed providing for levee and drain
| age commission. so that the millions
| of acres along our rivers which ar
now useless because of overfioW'
NAV be made valuable to their own
ers as well as tax producing. 4 state
ment of the amount of rich biacB
J land now lying dormant along on
rivers because of ,overfloVs would
astonish your readers. This leelsia-
ton is urgent and will have splen-
did effect in securing larger appro-
priations from the federal govern
ment for the Improvement Of our
waterways.
4 state Department of Agriculture
A state department of agriculture
! in fact as well as in name, VIII oe
one of the valuable results OF the
next legislature. This new depart
ment, we can say in all confidence
will not be a political machine or 2
| soft berth for a few politicians, WHO
know about as much of farming as
! a hog does of the principles OF sal
WALTON. but il will be directed ty 2
board of agriculture consisting ri
one member from each COMPRESSION
al district who knows the needs 81
| the farmers. This board OF sixteen
farmers will be appointed by NJ
governor, and il Will elect chair
man who will be commissions OF
agriculture. Governor Campbell mas
declared in favor of the new depart
| meut. and when it comes 10 n" ap
| pointment OF the board II Is ~ai" C
| say that ne will appoint men VINO
are genuine farmers and nav" ih'
interest OF our agricultural develop
| ment At heart.
important Changes IN N.th"i 81
Selling state Lands.
\ most important and h"n"Ileia
| change In the method Of s'.i'nF STATE
| lands will be- suggested ca DEE legs
lature ~ present. lands b'Ioneinl
tn the school fund can only ho solo
to persons ohligatinE themselves e
| a three wears settlement fh'T"oh
/ and as most Of his land d. i'faie'
in the soni-arid districts of ""s'
Texas. 10 lias mostly been pni h--'e
hv persons in the employ ~ r.aet
| men who MAX. nominal -'sih't''
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