The Taney County republican. (Forsyth, Mo.) 1895-1992, 1911-07-27
NEW CAPITOL CHART CLASS.
"The class In history viii come

"The class In history viii come
forward.
William may tell us whom
where and by whom the capital ci
Missouri was located"
I'm 1870. a. Jefferson CITY. b.
the government OF the United
| Siatess"
What are the express terms Of
the act designating jefferson City
| as the capital"
1.-The grant Of land was given for
the purpose OF locating the 'perma-
nent seat Of government at that
place, ana the land was sold to cit
izens for money to erect public
buildings upon that expressed con-
ditien."
when was the capitol building
erectsd?"
"The main building was erected
In 1897. the wings In 1887. This
building was struck by lightning
and burned On Sunday. February 8.
1911. and Missouri is now without
q capitol, her state Offices being
hoReless."
What steps have been taken
teoking towards the rebuilding Of
he capitol at the permanent seat
se goveTnment7"
"The 4eth General Assembly cub
masted TIVE propositions. namely:
Q ylsa for additional capitol
srsu1as and rebuilding the capitol.
- cese not less than 31z million
deiiars. and . plan calling for addi-
tasaal eapit0 grounds and rebuild
Ing the capzaol. not to exceed flve
niliisn Aeilafs-the first plan to be
submitted sk . special election Au-
gust I. 1911. and the second plan to
be submitted, In tho event the nrst
proposition fails to receive the nee
essssy two.xhiSas vese. at the gen
sssi election. November. 1912. re-
sulsing only a majority to carry.
The people have us years to pay for
the 81 milIion dollar capitol and
30 years 70 pay for the flve million
dei3Ar eapitoi-the rate Of interest
and taxation In each instance being
the same"
The class in history may be ex-
cussd and the class In arithmetic
Will stand ap."
-Senn may tell Us what the maxi |
nsn-eest OF the -31 million dollar
proposition viii be to the people.
allowing for an average increase in
the taxable wealth Of the state, the
rate Of interest being az per cent.
and the tax rate.z cents on the 800
assessed valuation"
IL the state continues to in.
crease In wealth during this decade
% II did during the past. the prin.
eipal and interest should be liqui.
dated in ten annual payments, or
at a maximum cost Of Ave million
dollars-principal and interest"
Now, John, figuring on the same
basis, what would be the maximum
cost Of che ave million dollar prop
ssition?"
n taking SO much more Of the
annual revenue raised by the 2 cent
tax levy to discharge the interest,
and the amount being a million and
. half larger, 1t would require, ap.
pfeximateiy, seventeen years to
liquidate principal and interest, or
total COST of over eight million
dollars"
How much more would the Ave
million dollar proposition. to be
voted upon November, 1912, cost
the taxpayers of Missouri than
The ~ million dollar proposition
to be voted upon at the special eiec-
ton August 1. 1911"
Three million dollars-a million
and q half more In principal and
million and a half more In in
terest."
Take the citizen who has $4,000
worth OF property, assessed at ST.
'oo, how much state capitol tax
would he pay under each PROPOSE
tion?"
Under the 31a million dollar
plan he would pay 20 cents a year
lot 10 years. or a total of $500;
UNDER the five million dollar plan
ne would pay 20 cents each year for
- years. or total Of $3.4o-the
second plan costing him 10 per cent
more than the first plan"
What then should the citizen do
~h: wants to save $3.o00,0 to
me state and 70 per cent Of his new
capitol taxi"
rake off his coat and get out
llio work for the az million dollar
'fonosition to be voted upon Au.
,ust l."