Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-07-20
TOTAL TAXABLE VALUE OF
PROPERTY IN IOWA IN
CREASED $4,000, 600.
FARM LANDS AND LOTS
PAY BIG SHARE OF TAXES
Realty Of the State Makes Up More
Than Two Thirds Of Grand Total
Surprise That No Change Was Made
in Assessment Of Express Companies
Other News Of tho State.
.ecial to Times-Rep publican.

Special to Times Re publican.
| Des Moines, July 20.-The total tax
able value of property in Iowa on
| which the state tax Is levied is, in
| round numbers, sesS,OOO.Ooo. This VAL
uation is divided roughly as between
| the various classes of property as fol-
| lows:
Farm land and town lots. $4,000, 900
Personal property ........ lo5,VooVuo
Railroad property ...-... o3,ooo,Voo
Express, phones. car lines,
etc. -.........- ''ooV'VV"
ON the basis Of the present tax levy,
Which is above the average Of the past
twelve years, this would bring to the
state treasury q revenue Of about 81
35S,0o0. But the legislature left direc-
tons that in filing the tax levy for
1910 II should be so fixed as to ap-
proximately raise $4,000 900. A levy of
3S mills would not raise quite that
much but It is believed this will be
near enough to fulfill the requirements
of the law
Two years ago the total property
subject to taxation was s667,o00,o00
showing there has been steady up
ward tendency.
Some surprise was expressed that
the state officers made no change
whatever in the assessment of the ex-
panies has within the past year in
creased its capital stock 200 per cent
and soon thereafter declared a cash
dividend o. 80 per cent, since which
time il goes on declaring the same old
quarterly dividends
There has also been some desire 10
have the sleeping car lines put to The
necessity of paying more taxes until
they reduce their rates. but no concert
ed movement In that direction was
visible
The task of making the phone as
sessments is large one. $ominany
il is completed, but the actual cleri-
ella work Of making the computation
will go on for some time in the office Of
Secretary Davidson. There will be no
great change in the assessed values
but a shading upward all along the
line.
The state may not. after all, get it's
share Of the estate of the late Joseph
Storms in Dallas county He under
took 70 prevent the state from securing
any tax under the collateral inheri-
lance law by executing deeds 20 the
property 10 his collateral relatives and
reservjng for himself life interest.
This. Of course. would not defeat the
law; but now comes a young man who
had lived with him many years and
Who was known as Joseph Storms, Jr
who claims that he is son of the de-
ceased AS it was common understands
ing that he was thus related TO the I'M
man it will probably be no
difficulty for him to claim the personal
property which amounts 10 over $40
600. A contest in the courts is in sight.
The local press club is preparing to /,
entertain the visiting newspa per men Of /
the southern Iowa association which |
meets here this week An entertain !
lnent will be given in the press club |
rors Thursday evening. II will be
the first opportunity of the local press /
club TO sho. courtesy 10 newspaper |
men visiting the city
A democratic congressional, conven- /
vention will be held here tomorrow for /
the Seventh district. There is nothing
to do beyond to adopt a platform. if !
mat Is tetlilSQ desirable, ana TO HSten /
10 few speeches. The convention /
can not make nomination unless the /
nominee, Clint Price. shoul1 Withdraw /
from the race. 1t is known that among /
some of the Des Moines democrats /
there has been talk of inviting him to ,
do so. For one reason, trouble has
arisen over the choice Of a mem
Der of the democratic state COM |
nittee for this district. The lead |
ing local democrats have wanted a .
democrat. but il seems that |
Price is favora bic to a man who might |
we'll be termed a standpat democrat, !
for he was identified with the standpat |
committee in laboring to elect Hull !
and defeat Prouty It is therefore
argued that Price is really trying to |
effect a union of standpat republicans
and dem ocratis to make com on cause !,
In November 1t is expected, however,
that this little family row will be
settled without blodshed and the dem
9cracy will make gallant fight for
Price for congress.