The weekly Iberian. (New Iberia, La.) 1894-1946, 1910-05-07
INVESTMENTS
IN THE EXPOSITION

1
nol,o ~ the moat gennlllNe insuiat.
! at he human anaininF. and II r
t,un that tho nlrn lull uhth tttnI
people dlalil,e mns, /" pn8 fla
ita9 bill l}ut th1' ~, tftau
= aiaticoa which ien,lel util 4,
Ell 'aS scheme hghlN p'ouul9'
investment ,,lhe, thae ufen
a saga'ioua nan ~ Glad a. unto
q" some eloillen aud tasH .al
ence ~ ,alan money I" mll, Au tn
v'atmoni that vii h'iuG ~ IL l#u
strady aud ,emnnc,ntt1' l'arta
hence tli" voting 1T y t8iN 1ltlf al
thought very llghf shall HlJu
nevertheless. oettaln and Itofl
hlc dividends ia al imt.attitcul nt
this oha,atlo,
When We conaide, tl,e plupnetd
Panama Canal Exposition ~ thr
light ni What il viii mean to | nuia
lana. ~ many hlifp,en, dlternena.
the conclusion ~ ineSitah hlr that 1T
"h'ra an opuol 'un'iY +" the pee
investment that Inuiaaun has
owe, been able Ia make fhia IL
vestmcn' is important both -
reason ot the snail amount ,rqurt
nd aud the MAJ, voloua results t. hn
obtained lof us c"nai,lei thai
feature moment he tat. us
Eove,no, Sanders clearly pointed
on, in hia rr,na,ka n iho lpiite
tors meeting on Saturday. viii he
10 the country r,opos " hpldo' nnl,
thirty seven and one half cents on
every ,ho',aand dnlIn,s on tI,n rs
seaan,ent roll Aud thai ia the
bas,a throughout, insofar 80 HAT
ua,, nt tive State outt,ds II Nra
O,ltana is concerned The fam
~ " ho is assess.d 10, Eve hun
drcd dollars vii, ply eighteen aud
three fnu,t ha cents u year. aud the
ono assessed 10, Eve thousand
dollars viii pay ono dollar, eighty
seven and one half cents yeal
The tax extends only f., ten
years ~ The Xlm,,n. aud il Will
ceaae ,aslir than 'la' II y total
OF four million dollars shall he
produced ea,lier
There ~ ever, reason to expect
the tax 10 cease before tia! time,
because, under normal rondiroua
each year. during the past twenty
years or more, has marked il new
high level in The assessed values
Of the State Development has
been progressing steadily. and ov
cry yea,s assessment shows III.
state to be richer than il WAS ai
the close Of tho preceding year
As an iIlust,ation, the Eogaluea
''ompapy, that headed he Exrosj
tion subscription list Will, y F3a.
200 contribution. opc,alcs the
largest lumbe, plant in The World.
aud ia Just now completed. The
state ia growing richer, auI rs
new Industries are added 10 The
4 assessment rolls. the amount dn
rived from the Exposition Tax
will be increased ani. it II reason
able 10 assume. inat this inrroaae
will produce The required fou,
million dollars long before The fen
year limit shall have expired
hen the tax wi ! cease
So, from the standpoint Of cost,
less than forty cents per thousand
per year IL n mere bagatelle TO II
vest in great Exposition, in
which the City Of New orleans,
the various State Governments.
the National. the great countries
of Europe, the Orient aHL Span
,sh America will invest many |
times ths amount asked Of the
country taxpayers Of Louisiana
by investing this small sum W.
get others To invest, and, in addl
ton, we place Louisiana absolute
~ ut the front Of the procession.
II seems almost absurd. but il is q
fact, that "the other felle,' will
really pay The cost Of he Esposi
,ion, while we Of Louisiana. and
the whole South, shall reap all Of
the direct benefit. And yet we
are doing these other States ard
foreign countries no Injustice, for,
IN the advertising opportunity
which we shall create for them,
tlav N IN unt ,n,,nI, nno,a tiap