Tombstone epitaph., 1910-09-04
Gives Views
On PlankS

Tombstone Arizona, Aug. 5I, 1910 tD PRoSPECroR have carefully read and fully diges,ed both .he Demo cratic aud Republican Platforms AS adopted by the conventions of those par ties, held al Douglas and Benson res pectiyely.
 It is, think quite unnecessary to state with which party have always affiliated, the people of this territory having on many past occasions heard me express myself publicly, and they will therefore be pArdoned m the behalf that l speak from partisan standpoint: But, do l? Are there no, many oi the Repub- hcan ial,h, or if no particular p .rtis in be- lief. who agree with me when expressing the regret that those conventions did not consider II worth while to express in un- | equivocal language their belief on the VITAL principle of EQUAL TANA- TON.
 When Initiative Referendur Recall were first mentioned, there were those who yelled ''Anarohy':- That yell, has however, gradually sub,ided, until now, we find that large ,rtion of, even, the Republican Party endorse that scheme for the purhcation of politics.
 My wall Is simply this:-I have lived and made my home here for thirty years last past; have bull, my home and reared my children here and am therefore vital ly interested. not only in the present per iod, but in the future, trusting that the Constitution 10 be formulated will prove 10 be a blessing 10 progeny, and not d burden to be 5orne by the generations to come. We know that the individual tax payer Is assessed, for tax purposes upon the Cash Value" Of his taxable possess ions. This IS ,he statute an6 the law We also know th4 quasi public corporations, common and public carrier, as Rall- roads, Pipelines, Plbhc Aceqlias. Llgh, and Power Companies are not so assess ed. lnkentucky or Tennessee, have for gotten which, such cOmpanies were assessed, for tax purposes, two thirds ot theIr actual cash value. while the individ ual was assessed at full cash value of his possessions. What was ;he result; the Federal conrts immediately land J1stly so decided ths, such an act was unlaw~ ful as being a determination 2nd as opposed 10 the theory of equal taxation a ihe resting of the burden of government upon al alike.
 l n aintain, and never will rest satisfied uutiI l see incorporated in the iunda, mental law ofihis new State provision that all the property of such corporations for the pJrpose oftaKation shall be phy- sically valued by the proper assessing power l mean by this that the market or face value which ever predominates al the date of assessment, Of the entire capital stock and bonds of such company shall be the hasis of valuation, unless the actual value of the corporate property shall exceed such aggregate sun, and, ID that case the excess 10 be added 10 the total sum of the stock and bonds. When such system becomes law, and compa nies evadIng their just proportion ot tax alton are made 10 conform 10 the stat- utes applicable to the individual ciiizen taxpayer, then much water" will be squeezed ou, of their s:ocks the public will not be called upon to pay excessive rates; the cupidi,y of designing capitalists will not be tempted, and we will be that much nearer 10 government ownership Of such utilities, which hope to realise and see before die of old age.
 Now, anticipate that some hyper ,cr!tical galoo. will ask. Are not the company's homes, obligations to be de ducted from the sggrega,e sum? would answer empha,ically no. for the obvious reason tha- the investing public takes into consideration when it fixes the mar ket price of the stock and bond.
 ALLEN R. ENGLISH