Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1911-04-01

I | went to say right hde that
view it this 1Ith hour h,opositld
Il very fitting close, a diIAiatic elm
| to this farce of economy ind this t9
about paying Republican, bills that
been kept up throughout this sessi
| will say now that ini my judgmet
If this proposition comes from tl9
Governor, il is purely for politics,
| last attempt to change his mind,
! that he has made a mistake.
On the first question of the revenh(
| Of this year and the Republican bin
| to be paid. 1 have it from the reA
| best authority, from the committee
appropriations and financial affairs, tt z
based Oh the ordinary revenue Wild
We might expect for 1911, and the id
preparation which the committee expec1
ed to be made something like wed
or ten DAYS ago, there would be a a
felt of something over 100000. Tho
is GLOWING for the payment df Al
claims that have come over from( Las
year: with the appropriations ths Bed
isiature has made for 1911. the req aus
eff the year would be *insufS
| some thing like 100000 Of cou
400 would he taken care of by
over into 1872 the 5000. 900 tie
loan, which l understand it is
To do II is also appanent,
all of the appropriations wild
committee reported on hayeJ
through, to the amount of at lex
coo. Taking out this 100000 and III
$4,000 of resolves that have not gor}
through, we now find we have $500
tn take care of.
It Is we'll known to every memh
of this Senate, and was stated nv Il
taxation committee some few days a.
that very important increases have be
made in the revenue from the "a
road, telegraph and telephone companie
passed through on emergency meas4
ures and available to the amount %
$1S0,000 each year for two Years. Theri
Is great deal more than enough fo5
the deficit in prospect for 1911.
The first objection have IA
TINS scheme, aside from It'd
trouble to the towns throughout
the State, is the opinion hays,
formed upon the best information I Cd
get that no such thing is necessary: tn
the ordinary reyaszes snf 1911 wiits.ta
care of the expsf'a3k res of the goSs1
ment and any deficit that may exist
carrying over the loan of $500, 900 to
next year.
What will be the effect of this chana
assuming that there is deficit to q
taken care of in 1911? This thing is pro-
posed and advocated upon the groaad
that it will permit the payment of thesY
so-called Republican bills this year. am
the senator says: "Will any Republica
get up and object to the payment of thes
bills this year," !
What is the actual effect to be? EVERY
body knows, I suppose, who has locke
into the question of raising revenue III
the State and the expenditures of Ind
State, that the money that comes in front
State taxation is not available and in tha
State treasury until the first of January
of the following year. It is true the tax
is committed on July LIST, but it is also
true, as every senator no doubt knows,
that the money does not get into the pos
session of the State until the first of the
following year. And everybody, knows
who has followed the workings of IL
tax rate and the expenditures of u
State, that the tax rate for the curB
year, in this instance 1911, determines3nV
the amount of revenue available for thfi
year but the amount available from tax
alton for the following year.
A great deal has been said about thu
last administration, comparing it will
this, and want to compare for a mRs
ment the revenue the last administration
had to work on in 1909 and 1910 compared
with the prospective revenue of the pres
emit administration. During 1909 Governor
Fernald had for available revenue from
direct taxation the amount produced from
the State tax of 1908, assessed on thx
uation of 1906. at the rate ~ three
on the valuation Of 1906 1894, 49,, 800.
Continued on Page Four.)