The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-03-11
|PPR0PR|ATE S750.00O
|FOR STATE CAPITOL
olons Set Apart Most of Harri-
man Inheritance Tax; Spry
to Sign Bill at Once.
Continued From Page One.

Continued From Page One.
1e measure as soon as he gets It, Be
- niahIfall the three quarters of mil
|G.n dollars most OF the amount OF the
fsr-fman Inheritance tax. VIII be avail
pitoI. u
1Fhe question as 10 whether or not the
~herItance tax was subject TO the pro-
Is{ops OF the bill which recently passed
rffine aside percentage of the reve-
ne OF the state for the University of
*;Sh. the Agricultural college and the
4ranch Normal school was raised. The
11intenance fund Tor these institutions.
Inder the bill which recently passed the
rrislature, is derived from ~ per cent
X the total amount Of the general tax
Nv of the state after the three mills for
neral school purposes and the haif mill
nr state high shool purposes have been
|sducted. The money derived from tho
ore tIon OF thu inheritance taS law goes
<fo tee general funu II the stI;c and is
]ot subject TO the permanent mainte-
ance law.
Business Men Rejoice.
The news OF the passage by both
muses. Of the bill appropriating three
Iuarters OF million dollars for the erec-
lon Of new state capitol quickly spread
I>er the city and the action occasioned
tIoicing on the part of the business men.
BE way TO the new state capitol is now
I6er and II is expected that within the
ext three months the actual construc-
i0n work will he commenced.
The million dollar bond issue previous
authorized made the erection of the
apitcl certain but did not make the
unds derived from this issue immediate
y avallab BILE, The Issuance and sale OF
he bonds would require considerable
me. However. The inheritance tax is
nmedia iely available and this. with 9TH
n funds which are also available, will
b sufficient 10 keep the construction go
og for the next two years, after which
Ne bonds Will be issued and sold and
nough derived TO complete the construc-
Ion Of the beautiful new capitol.
in addition 10 the Inheritance tax there
Iavailable for use at once S250,000 de-
<cd from the refund of the bond issue
1892 5000, 900 from the bond issue au-
tori5ed two years ago. and $4,000 de-
ned from the sale OF state lands under
le provisions al the enabling act These
ums. with the inheritance tax and the
1Illion dollar bond issue bring the total
Mount now availab bile for the construc-
Icn of a state capitol up 10 a total of
r2lo,0OO. Under the law, the new CAPT
NJ Is TO cost not TO exceed two and one
NJ millions Of dollars. so that practi-
tIly enough money for tine completion
the structure is now available.
Will Overlook Whole Valley.
Periodical efforts have been made ever
cure state capitol building. Some
<hrs ago Salt Lake city decided to the
ate government one OF the most beauti
sites for a capitol building in the
u<lTe valley. The site consists of TWEEN
i've acres OF land on a beautiful. COM
fHudine eminence on Capitol hill at the
E7d OF State street. From this clcva ton
~ capitol Will overlook the entire val
~ with IT'S panorama OF mountain and
Ie, and the eXpanse Of the Great Salt
Ike. Everyone who has visited the site
~ pronounced ii the prettiest location
capitol Of any state in the union.
For years the state has given its at
nton TO beautifying these grounds.
Uautiful trees and Towering shrubs have
EN- planted annually on these grounds
M great care has been taken TO add TO
~ beauty Of the location. AS q result.
n place Is now one OF the prettiest
uois In the country.
Two years ago Governor Spry was the
nder In q serious effort 10 secure Ii
Fpitol for Utah. lie sent a special mes
HEe 10 the state legislature urging the
fed OF the enactment OF legislation 10
pdke possible the erection OF the capitol
tnator c. T. Marks Of Salt Lake led
70 hight in the legislature for legislation
Dig this line. and as a result a series
1ve measures was passed by the legis-
kure.
I0ne of these authorized the erection of
state capitol AT a cost not TO exceed
Ep0p.OOO and placed the work under the
Fect!on OF a state capitol commission
consist OF the governor. the secretary
stale, the attorney general and four
ppoinliyc members. Another bill au-
Icrlzed the refund of the territorial bond
laue and the use of it's redemption fund
mounting 10 S250.000. for the erection
n state capitol \ third bill provided
a bond issue OF 5000 600 for state capi-
l PURPOSES, The fourth bill provided for
SDeciai election to authorize the levy
|R oI onc-mill tax for Il period of
|enty years 10 cover the cost of build
~ the capitol The fifth measure was
3oint resolution proposing an amend
|ent 10 the state constitution permitting
fincreaSe In the bonded Indebtedness
lhe stale to an amount equal TO 1 J
cent OF the assessed valuation OF the
tne, proposed l-milI tax for state cap
~ purposes was defeated at the special
L5Stion but al the general election in
~ the amendment TO increase the bond
'hneotcdness Of The state was adopted
|p mace part of the constitution,
XaSr me special election in the spring of
res 10 determine whether or not the
RErial Tax should be levied nothing was
ns. , There was approximately half
Htuion available for construction work
ING governor, however had no assurance
rht II would bo possible to- secure any
E2le FUNDS for this purpose and he de-
I4sa TO walt until the money WAS in
Ient before commencing work. For that
[tsoh me capitol commission WAS not
tE29lnled and lhc Moyk was confined to a