The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1909-05-18
CASH VALUE TAXATION
IDEA IS ATTACKED
Railroad Tax Commissioner
Declares Plan Is Failure
In Oklahoma

-
Tho state board o. equalization 10
day ls hearing representatives 81 me
telegraph and telephone companies
on the assessment Of those proper
lies. The Pullman Car company vim
also be given q hearing lato thls af
lomoon. The ralroad companies
which we're given a bcarlng yesterday
admitted that The board last year did
not make too high an assessment ON
their properties. but complained that
the railroads were assessed higher ll
proportion 10 their worth man the
farm lands and the banks IN Oklaho
ma
The Pioneer Telephone and Tclo
graph company. which practically has
d monopoly IN The western and cen
lral PARTS % iho state, and TIE Amer
lean Telephone company which pp
crnlOs IN the eastern part 81 tine athir
are the only arge companies upcral
Ing IN the state. while tho Western
Union and lh Postal are thc ONLY Gel
egraph companies In the slfie
Tomorrow the gas pipeline and
transportation companies will De Ely
on o hearing before The hoard
Submits Some Comparisons
A yesterdays Touring before the
board r B Newtirk. Of Chicago
lax commissioner for tho Rock Island
syslem. filed brief alleging that
pr0nertg generally IN Oklahoma ey
cent raIhuada Fl nm helng lnXol
moro than a5 per cent Of lg value
and eonends that tho cash value
iaxaion idaa rs practical failure
10 lhe course 8i hlH brief Mr Now
Mrs says
lt ls impossible io arrive over
approximately d the amount OF PROF
erty omitted from laXallon but "
must have h8eu enormous The rc
mort nf the bank commissioner shows
that on February q 1898, That al.
The baHks 0f the State both national
and state. we're capitalized al sisAi5i
1866 wl,b surplus amounting 10 s3t
Gl8.83l ST. and undivided profits S3
08t2t0It making toiaY valde OF
s25.tgi .a5ab7. bat the total value ra
n0fted for taxation by the 1ssessor
was st4,a8a,b35, showing lhot hcs go
per cent Of that property was return
ed for taxation
"The assessors returns show bat
81 g9g.752 IN money IN the state lhc
hauks showed $50 330.53i9s na de
nosiis. and SO but II per cent oi lhal
money was returned
Mr. Newblrk compared tho lasf
statistical report complied by The
United siales IN 1904 81 thp wealth
of Oklahoma aud Indian territory
The 1904 statistics showed tho Two
territories which were afterwards
united into the state TO have POSSESS
ga 2oalth of si.1a5085 .05b
"rhe growth af oklahoma he says
"ffnm 1901 10 1908 was marvellous Sel
the total valuation Of all prnperly Tor
TAXATION Ia 1908 was onlg sia7722RiI
less than 20 per cent ot ihc value 0'
four years back The wealth OF ih,
two teefilnrles. exclusive OF railroad
property bad decreased from sn3G.
gG2 05a fl 1905 70 $o234lN42i ln
/ l0nS Or total decrease az siia,
64G.G3i
"Ihls ahflnkaFe lH Valuea gs com
pared between United States elala
\ llcs III 1905 and lax assessments 81
4 iAs. dld nal take nlaco ln 800 prap
4 trta. v0n VIII observe. because wink
lfie railroads had hoen valued ai 9iaS
| pT3 900 In 1904. Ties had incrnaesd IN
value IN ladg to Slff529i9s
Compares Oklahoma and Kansas.
I'm another eomparlsou 0klahom'
| with Kansaa both aiaies clnlm 20 ag
sess property for taxation az lla nc
hai eash value Il appears ihal y
t9ns the Kansas assessors found ~.
/ itAa20. l27 worth of property whll,
4 the 0llahama asaesaors found bn
[ s1e7 .7225iG. or Oklahomas valuation
was only 1908 per cent Of Chat oi Kan
sas
eMr Newklfk then shows ilai Kan
saa assesses lls horses at gT2 pp
icad Oklahoma nj $44 mules at s9
agninsi sa3 cattle Al cen aaalngi aie
whlla Nebraska 4 even llttlc hxh
ef than Kansas
Mr NeNklrk shown that iI 0kln
hotna enunles reHori no interest 0l
United slales bonds 30 couEiles Wit
no municipal bonds. Woods count
with no furniture c9M county wsll
No money Delaware county alth NJ
aulomohlIee OF bicycles. ~ rouniN
no credits four counties no morct
ants money end credits 80 cQunlie
+, ~ tex sale certificates ia counte
Ia iudKmeala s eauniies 20 nelioih