The Adair County news. [volume] (Columbia, Ky.) 1897-1987, 1907-09-25
OPENING Gun OF
THE CAMP A|Ch
CONTINUED from last Week.

CONTINUED from last Week.
The first acts or the KepuDncans
were the issuance of 100000 in bonds
and an increase in the tax rate 10
cents The bonds sold for premium
of $39,071 and the 10 cents extra tax
produced during their incumbency ST.,
100000, making total, of bond sale
and increased tax, of 81, 739,071. With
this additional large sum provided for
them by legislative enactment they
managed the states affairs SO poorly
that when the Democrats came into
possession of the Offices in June, 1900,
there was a bonded debt of 100000
hanging over the state, about $780,
900 of unaudited and unpaid claims,
and a deficit in the school fund of
$4,000, making a total of $1,547, 900
for which the state was liable and only
S363,334 in the treasury to pay it with.
Since then, under the wise policy
pursued by the Democrats, this large
debt has been paid and $2,146,521 APP
propriated and expended on our char
liable and penal institutions and other
most worthy causes, and all this with
tax rate of 21a cents less than the
Republicans had
Among these appropriations that
have been paid are the
State Capital. SSOO,OOO
Asylums. .......... ........ 3SO,153
State College and Normal
Schools. ........, ......... 22S,5OO
Penitentiaries ..... 166,615
Confederate Home. 1876, 1920
Children's Home Society,". $4,000
Is there one among these appropria-
tons that Mr.. Wilson and his asso-
ciates do not approve?
My colored brother, $4,000 has been
appropriated and paid to the normal
and industrial school at Frankfort,
school established for your race
Now will Mr.. Wilson tell you of any
thing his party has done for you or
anybody, except for the chosen few,
commonly designated as pie Hunt
ers?"
Property Values in Kentucky Increase.
Our opponents say that we have
been wantonly extravagant and reck-
iessly wasteful of the peoples money
that in order to meet the growing
demand for more revenue, instead of
increasing the tax rate we have,
through the state board of equaliza-
ton, increased the value of the taxa
BILE property. My friends the increase
In property values in Kentucky since
1900, when the Democrats came into
power, has been remarkable but nat
ural
From 1900 to 1904 the property
values in Kentucky increased from
1885, 130,71S to 1882, 4S6,230 as
shown by compilation of such values
recently gathered and published by
the Manufactures Record of Baltimore.
Estimates of conservative statisticians
indicate that a gain of 20 per cent
has been made since then, or that
property values in Kentucky today
are over $1,000, 100000 and that of all
states in the South, Texas alone, on
account of its large area, stands ahead
Of our own state.
The safety and security felt by
those investing in the state under
Democratic administration is shown
by the large increase in organized cap
ital During the four years of Brad
aey's administration $3S,588,340 was
Incorporated under our laws to do
business
From January 1, 1904, to June 80,
1907, three years and a half of the
present administration, $197,195,S30
was incorporated under the laws of
Kentucky. And yet with all this splen-
did showing of increased property
values, the total equalized value of
all property assessed for taxation in
Kentucky is $67S,O41,91S or slightly
IN advance of one-third of the actual
value.
My fellow citizens since / have been
ut the head of the fiscal department
of the state, / have collected and
turned into the state treasury $3,427,-
296 more than the Republicans did
and the tax rate, as before stated, was
21z per cent less than theirs.
This additional revenue has flowed
into the treasury through the enforce
ment of the revenue laws, without
undue oppression of any interest, but
with the purpose of equitably distrib-
uting the tax burden, always in view
The board of valuation and assess
ment, of which | am chairman, has
materially increased the assessment
of corporate franchises. and it has
been done with such absolute justice
and fairness that no complaint has
been made, During the four years of